LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
876
Old Republic International
ORI
$10.8B
| $1.82M | 0.01% |
113,886
-4,763
| -4% | -$76.3K |
|
|
SABA
877
Saba Capital Income & Opportunities Fund II
SABA
$222M
| $1.81M | 0.01% |
146,953
-46,050
| -24% | -$603K |
|
|
SNLN
878
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.81M | 0.01% |
98,214
-39,540
| -29% | -$745K |
|
|
FTR
879
DELISTED
Frontier Communications Corp.
FTR
| $1.8M | 0.01% |
23,439
+2,405
| +11% | +$182K |
|
880
Bank of America Series L
BAC.PRL
$3.98B
| $1.8M | 0.01% |
1,676
-45
| -3% | -$49.8K |
|
881
Simon Property Group
SPG
$77B
| $1.8M | 0.01% |
9,402
+4,008
| +74% | +$735K |
|
882
Trinity Industries
TRN
$3.02B
| $1.8M | 0.01% |
101,591
-48,993
| -33% | -$929K |
|
883
Digital Realty Trust
DLR
$72B
| $1.79M | 0.01% |
27,300
+2,507
| +10% | +$163K |
|
884
Equifax
EFX
$22.1B
| $1.79M | 0.01% |
17,798
-1,432
| -7% | -$142K |
|
885
VanEck Energy Income ETF
EINC
$77M
| $1.78M | 0.01% |
15,926
+608
| +4% | +$78.4K |
|
886
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$93.8M
| $1.77M | 0.01% |
46,248
-6,786
| -13% | -$263K |
|
|
PXD
887
DELISTED
Pioneer Natural Resource Co.
PXD
| $1.77M | 0.01% |
13,311
-30
| -0.2% | -$3.74K |
|
888
Brown-Forman Class A
BF.A
$13.5B
| $1.76M | 0.01% |
38,313
-747
| -2% | -$33.5K |
|
889
Xcel Energy
XEL
$50.6B
| $1.76M | 0.01% |
49,461
-4,394
| -8% | -$149K |
|
890
Zimmer Biomet
ZBH
$18.5B
| $1.75M | 0.01% |
18,929
+2,793
| +17% | +$280K |
|
891
Main Street Capital
MAIN
$5.11B
| $1.75M | 0.01% |
62,607
-4,746
| -7% | -$140K |
|
892
Eastman Chemical
EMN
$7.83B
| $1.75M | 0.01% |
25,624
-1,852
| -7% | -$137K |
|
893
iShares MSCI Brazil ETF
EWZ
$9.12B
| $1.75M | 0.01% |
74,005
-18,720
| -20% | -$499K |
|
894
Invesco Quality Municipal Securities
IQI
$530M
| $1.75M | 0.01% |
143,490
+4,242
| +3% | +$50.6K |
|
895
Sensata Technologies
ST
$6.68B
| $1.75M | 0.01% |
38,703
+2,943
| +8% | +$142K |
|
|
AFB
896
AllianceBernstein National Municipal Income Fund
AFB
$314M
| $1.75M | 0.01% |
130,608
+10,139
| +8% | +$134K |
|
897
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$557M
| $1.74M | 0.01% |
35,692
+1,779
| +5% | +$89.7K |
|
|
HYLD
898
DELISTED
High Yield ETF
HYLD
| $1.74M | 0.01% |
47,517
-19,449
| -29% | -$754K |
|
899
Seagate
STX
$170B
| $1.74M | 0.01% |
38,825
+182
| +0.5% | +$8.81K |
|
900
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$322M
| $1.74M | 0.01% |
57,008
-11,375
| -17% | -$351K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.