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 500 Growth ETF
IVW
|
+$86.9M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$71.2M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$47.2M |
| 4 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$43.1M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$42.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$118M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$56.1M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$52.7M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$40.5M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$39.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.86% |
| 4 | Healthcare | 2.78% |
| 5 | Industrials | 2.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
901
Ambarella
AMBA
$2.96B
| $1.79M | 0.01% |
66,998
+51,770
| +340% | +$1.59M |
|
|
MPT
902
Medical Properties Trust
MPT
$2.87B
| $1.77M | 0.01% |
138,278
-59,684
| -30% | -$766K |
|
|
PML
903
PIMCO Municipal Income Fund II
PML
$487M
| $1.77M | 0.01% |
152,505
-68
| -0% | -$778 |
|
904
Invesco Value Municipal Income Trust
IIM
$592M
| $1.77M | 0.01% |
122,669
-53,819
| -30% | -$760K |
|
905
Rockwell Automation
ROK
$50.4B
| $1.76M | 0.01% |
14,165
+305
| +2% | +$36.2K |
|
|
SAVE
906
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.76M | 0.01% |
29,649
+9,793
| +49% | +$514K |
|
907
Pembina Pipeline
PBA
$29.3B
| $1.75M | 0.01% |
46,009
+6,314
| +16% | +$223K |
|
|
NQM
908
DELISTED
NUVEEN INVESTMENT QLTY MUNI FD
NQM
| $1.75M | 0.01% |
124,058
-21,575
| -15% | -$303K |
|
909
American Water Works
AWK
$27.1B
| $1.75M | 0.01% |
38,548
-15,828
| -29% | -$684K |
|
910
BlackRock Health Sciences Trust
BME
$571M
| $1.75M | 0.01% |
47,216
+160
| +0.3% | +$5.89K |
|
|
AXAS
911
DELISTED
Abraxas Petroleum Corp
AXAS
| $1.74M | 0.01% |
22,020
-377
| -2% | -$25.4K |
|
|
IBMD
912
DELISTED
ISHARES IBONDS SEP 2015 AMT-FREE MUNI BOND ETF
IBMD
| $1.74M | 0.01% |
32,746
-2,462
| -7% | -$131K |
|
913
Starwood Property Trust
STWD
$6.15B
| $1.73M | 0.01% |
73,480
-46,770
| -39% | -$1.11M |
|
|
ERF
914
DELISTED
Enerplus Corporation
ERF
| $1.73M | 0.01% |
87,156
+5,705
| +7% | +$107K |
|
915
Regions Financial
RF
$26.5B
| $1.73M | 0.01% |
155,733
+70,240
| +82% | +$740K |
|
916
Morgan Stanley
MS
$322B
| $1.73M | 0.01% |
55,467
+4,056
| +8% | +$125K |
|
917
Synaptics
SYNA
$4.12B
| $1.73M | 0.01% |
28,792
+2,049
| +8% | +$122K |
|
|
BFZ
918
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $1.72M | 0.01% |
117,691
+13,689
| +13% | +$196K |
|
|
DFS
919
DELISTED
Discover Financial Services
DFS
| $1.72M | 0.01% |
29,584
-4,091
| -12% | -$229K |
|
920
iShares Global Timber & Forestry ETF
WOOD
$264M
| $1.72M | 0.01% |
33,234
+1,961
| +6% | +$102K |
|
|
EWRS
921
DELISTED
GUGGENHEIM RUSSELL 2000 EQUAL WEIGHT ETF
EWRS
| $1.72M | 0.01% |
37,210
+6,876
| +23% | +$313K |
|
|
CTXS
922
DELISTED
Citrix Systems Inc
CTXS
| $1.72M | 0.01% |
37,599
+18,022
| +92% | +$850K |
|
|
RCS
923
PIMCO Strategic Income Fund
RCS
$242M
| $1.71M | 0.01% |
167,755
-48,427
| -22% | -$498K |
|
924
Global X MLP ETF
MLPA
$2.28B
| $1.7M | 0.01% |
17,593
-896
| -5% | -$86K |
|
925
Canadian National Railway
CNI
$78.2B
| $1.7M | 0.01% |
30,249
-377
| -1% | -$20.8K |
|
Similar funds
LPL Financial's Q1 2014 Portfolio in Review
As of Q1 2014, LPL Financial held 2,836 positions worth $16.3B, up 1.6% from $16B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2014 filing shows 192 new, 1,211 increased, 1,175 reduced and 199 closed positions. Its largest new stake was iShares MSCI France ETF: 526,189 shares worth $15.4M. The largest sale was iShares MSCI EAFE ETF, an estimated $118M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q1 2014 buy was iShares MSCI France ETF: 526,189 shares worth $15.4M.
- LPL Financial added most to iShares S&P 500 Growth ETF in Q1 2014, an estimated $86.9M increase.
- LPL Financial's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $118M.
- LPL Financial fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $20.7M.
- LPL Financial's ten largest holdings make up 19% of its $16.3B portfolio in Q1 2014.
- LPL Financial opened 192 new positions and closed 199 in Q1 2014.
- LPL Financial's portfolio value rose 1.6% quarter-over-quarter to $16.3B.
Based on LPL Financial's 13F filing for Q1 2014, filed 12 May 2014.