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 S&P Mid-Cap 400 Value ETF
IJJ
|
+$19.2M |
| 2 |
MLPI
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$15.3M |
| 3 |
Vanguard S&P 500 Value ETF
VOOV
|
+$12.3M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$11.2M |
| 5 |
DWIN
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
|
+$9.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.07B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$878M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$829M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$809M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$564M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.4% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRC
876
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $1.59M | 0.01% |
27,242
-33,423
| -55% | -$1.75M |
|
877
iShares Core Universal USD Bond ETF
IUSB
$42.6B
| $1.59M | 0.01% |
30,544
-17,450
| -36% | -$894K |
|
878
Coca-Cola
KO
$354B
| $1.59M | 0.01% |
35,137
-1,608,926
| -98% | -$72.7M |
|
879
iShares US Regional Banks ETF
IAT
$685M
| $1.59M | 0.01% |
50,638
-152,682
| -75% | -$5.08M |
|
880
Invesco Building & Construction ETF
PKB
$438M
| $1.59M | 0.01% |
60,745
-42,856
| -41% | -$1.09M |
|
881
Invesco Golden Dragon China ETF
PGJ
$92.8M
| $1.58M | 0.01% |
56,736
-61,555
| -52% | -$1.8M |
|
882
AGNC Investment
AGNC
$12.3B
| $1.58M | 0.01% |
79,718
-57,357
| -42% | -$1.08M |
|
|
FM
883
DELISTED
iShares Frontier and Select EM ETF
FM
| $1.58M | 0.01% |
64,116
-73,776
| -54% | -$1.85M |
|
884
Vertex Pharmaceuticals
VRTX
$121B
| $1.58M | 0.01% |
17,604
+9,156
| +108% | +$791K |
|
885
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.65B
| $1.58M | 0.01% |
29,058
-36,824
| -56% | -$1.97M |
|
886
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$142M
| $1.57M | 0.01% |
98,208
-97,792
| -50% | -$1.51M |
|
887
Amphenol
APH
$188B
| $1.57M | 0.01% |
112,064
+56,100
| +100% | +$807K |
|
888
Cognizant
CTSH
$21.5B
| $1.57M | 0.01% |
27,726
-108,742
| -80% | -$6.57M |
|
889
Aflac
AFL
$63.9B
| $1.57M | 0.01% |
43,528
-106,884
| -71% | -$3.65M |
|
890
iShares Latin America 40 ETF
ILF
$3.77B
| $1.56M | 0.01% |
61,092
+23,679
| +63% | +$597K |
|
891
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$6.96B
| $1.56M | 0.01% |
57,338
-65,740
| -53% | -$1.78M |
|
892
Charter Communications
CHTR
$14.7B
| $1.55M | 0.01% |
+6,684
| New | +$1.44M |
|
893
iShares Global Comm Services ETF
IXP
$515M
| $1.55M | 0.01% |
24,679
-20,425
| -45% | -$1.27M |
|
894
Ryanair
RYAAY
$29.5B
| $1.55M | 0.01% |
55,800
+35,300
| +172% | +$1.14M |
|
895
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.38B
| $1.55M | 0.01% |
166,880
-500,610
| -75% | -$4.64M |
|
896
OneSpan
OSPN
$562M
| $1.55M | 0.01% |
101,032
-102,288
| -50% | -$1.7M |
|
|
KTF
897
DWS Municipal Income Trust
KTF
$346M
| $1.55M | 0.01% |
106,176
-85,104
| -44% | -$1.2M |
|
|
SCG
898
DELISTED
Scana
SCG
| $1.55M | 0.01% |
20,339
-20,656
| -50% | -$1.45M |
|
899
Global X Silver Miners ETF NEW
SIL
$4.08B
| $1.54M | 0.01% |
31,510
-59,982
| -66% | -$2.07M |
|
900
Booking.com
BKNG
$138B
| $1.54M | 0.01% |
29,800
-124,150
| -81% | -$6.44M |
|
Similar funds
LPL Financial's Q2 2016 Portfolio in Review
As of Q2 2016, LPL Financial held 3,304 positions worth $11.8B, down 67% from $35.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial withdrew a net $24.9B in Q2 2016, closing 680 positions and reducing 2,172 holdings. Its most notable exit was iShares Gold Trust, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.6% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in Xtrackers MSCI All World ex US Hedged Equity ETF worth $3.23M.
- LPL Financial's largest Q2 2016 buy was Xtrackers MSCI All World ex US Hedged Equity ETF: 150,365 shares worth $3.23M.
- LPL Financial added most to iShares S&P Mid-Cap 400 Value ETF in Q2 2016, an estimated $19.2M increase.
- LPL Financial's biggest Q2 2016 reduction was Vanguard Total Bond Market, cutting an estimated $1.07B.
- LPL Financial fully exited iShares Gold Trust in Q2 2016, selling an estimated $144M.
- LPL Financial's ten largest holdings make up 24% of its $11.8B portfolio in Q2 2016.
- LPL Financial opened 202 new positions and closed 680 in Q2 2016.
- LPL Financial's portfolio value fell 67% quarter-over-quarter to $11.8B.
Based on LPL Financial's 13F filing for Q2 2016, filed 15 Aug 2016.