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
|
+$122M |
| 2 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$102M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$91.9M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$82.5M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$73.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$204M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$91.1M |
| 3 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$56.8M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$39.5M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.11% |
| 2 | Healthcare | 3.02% |
| 3 | Financials | 3.02% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Zimmer Biomet
ZBH
$18.5B
| $1.92M | 0.01% |
17,042
-1,122
| -6% | -$128K |
|
|
EFT
927
Eaton Vance Floating-Rate Income Trust
EFT
$284M
| $1.92M | 0.01% |
130,915
+29,274
| +29% | +$415K |
|
928
The GEO Group
GEO
$4.11B
| $1.91M | 0.01% |
65,421
+20,802
| +47% | +$593K |
|
929
Fidelity MSCI Communication Services Index ETF
FCOM
$1.8B
| $1.91M | 0.01% |
+70,003
| New | +$1.9M |
|
|
PML
930
PIMCO Municipal Income Fund II
PML
$487M
| $1.91M | 0.01% |
152,277
-8,254
| -5% | -$102K |
|
931
Nuveen Select Tax-Free Income Portfolio
NXP
$899M
| $1.91M | 0.01% |
130,845
+31,779
| +32% | +$461K |
|
|
DMO
932
Western Asset Mortgage Opportunity Fund
DMO
$119M
| $1.9M | 0.01% |
79,218
+29,378
| +59% | +$711K |
|
933
Main Street Capital
MAIN
$5.14B
| $1.9M | 0.01% |
61,753
-19,733
| -24% | -$595K |
|
934
Enbridge
ENB
$121B
| $1.89M | 0.01% |
39,771
+5,920
| +17% | +$285K |
|
935
Salesforce
CRM
$149B
| $1.89M | 0.01% |
28,539
+973
| +4% | +$60.4K |
|
936
Icahn Enterprises
IEP
$5.26B
| $1.88M | 0.01% |
21,252
+1,924
| +10% | +$182K |
|
937
Eastman Chemical
EMN
$7.79B
| $1.88M | 0.01% |
27,567
+2,177
| +9% | +$157K |
|
938
State Street SPDR S&P Health Care Services ETF
XHS
$211M
| $1.87M | 0.01% |
30,466
+10,418
| +52% | +$609K |
|
939
iShares Emerging Markets Dividend ETF
DVYE
$1.2B
| $1.87M | 0.01% |
44,991
+1,273
| +3% | +$53.7K |
|
940
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.45B
| $1.87M | 0.01% |
63,325
+55,875
| +750% | +$1.66M |
|
|
TE
941
DELISTED
TECO ENERGY INC
TE
| $1.86M | 0.01% |
95,446
+35,207
| +58% | +$711K |
|
|
CHK
942
DELISTED
Chesapeake Energy Corporation
CHK
| $1.86M | 0.01% |
647
-130
| -17% | -$459K |
|
|
GG
943
DELISTED
Goldcorp Inc
GG
| $1.85M | 0.01% |
97,260
-18,699
| -16% | -$398K |
|
944
Cardinal Health
CAH
$54.5B
| $1.85M | 0.01% |
20,787
+4,825
| +30% | +$415K |
|
|
HPF
945
John Hancock Preferred Income Fund II
HPF
$342M
| $1.84M | 0.01% |
87,829
+150
| +0.2% | +$3.14K |
|
946
Invesco International Corporate Bond ETF
PICB
$353M
| $1.84M | 0.01% |
69,527
-7,588
| -10% | -$207K |
|
|
NE
947
DELISTED
Noble Corporation
NE
| $1.84M | 0.01% |
127,310
+66,251
| +109% | +$1.07M |
|
948
M&T Bank
MTB
$36.6B
| $1.83M | 0.01% |
14,513
-376
| -3% | -$45.5K |
|
|
TEF
949
DELISTED
Telefonica
TEF
| $1.82M | 0.01% |
167,124
-13,605
| -8% | -$150K |
|
950
Darden Restaurants
DRI
$23.7B
| $1.82M | 0.01% |
30,154
+6,819
| +29% | +$382K |
|
Similar funds
LPL Financial's Q1 2015 Portfolio in Review
As of Q1 2015, LPL Financial held 2,944 positions worth $19.6B, up 7.2% from $18.3B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $1.03B of net new capital in Q1 2015, opening 222 new positions and adding to 1,353 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $204M trimmed.
- LPL Financial's largest Q1 2015 buy was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
- LPL Financial added most to iShares MBS ETF in Q1 2015, an estimated $122M increase.
- LPL Financial's biggest Q1 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $204M.
- LPL Financial fully exited Allergan Inc in Q1 2015, selling an estimated $9.23M.
- LPL Financial's ten largest holdings make up 21% of its $19.6B portfolio in Q1 2015.
- LPL Financial opened 222 new positions and closed 165 in Q1 2015.
- LPL Financial's portfolio value rose 7.2% quarter-over-quarter to $19.6B.
Based on LPL Financial's 13F filing for Q1 2015, filed 14 May 2015.