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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$266M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$69.4M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$62M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$49.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$44.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
iShares Europe ETF
IEV
|
+$80M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$52.5M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$49.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 3.12% |
| 3 | Energy | 2.94% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
iShares California Muni Bond ETF
CMF
$4.56B
| $1.56M | 0.01% |
26,686
+3,232
| +14% | +$188K |
|
1002
Schwab U.S Small- Cap ETF
SCHA
$22.2B
| $1.56M | 0.01% |
123,140
-8,524
| -6% | -$114K |
|
1003
BlackRock Floating Rate Income Strategies Fund
FRA
$382M
| $1.55M | 0.01% |
110,552
+4,424
| +4% | +$63.1K |
|
1004
Masco
MAS
$16.6B
| $1.54M | 0.01% |
74,570
+3,369
| +5% | +$66.6K |
|
1005
NNN REIT
NNN
$9.39B
| $1.54M | 0.01% |
44,414
+1,595
| +4% | +$58.3K |
|
1006
BCE
BCE
$20.3B
| $1.54M | 0.01% |
35,887
+9,980
| +39% | +$446K |
|
1007
Global X Social Media ETF
SOCL
$91.9M
| $1.53M | 0.01% |
81,863
-77,383
| -49% | -$1.54M |
|
1008
Helen of Troy
HELE
$685M
| $1.53M | 0.01% |
29,443
+1,544
| +6% | +$86.6K |
|
1009
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.45B
| $1.53M | 0.01% |
+56,251
| New | +$1.53M |
|
1010
Equifax
EFX
$22.2B
| $1.53M | 0.01% |
20,821
-1,123
| -5% | -$85.5K |
|
1011
iShares US Telecommunications ETF
IYZ
$1.19B
| $1.52M | 0.01% |
51,843
-7,756
| -13% | -$236K |
|
1012
CVR Energy
CVI
$3.34B
| $1.52M | 0.01% |
34,224
-2,555
| -7% | -$123K |
|
|
DHC
1013
Diversified Healthcare Trust
DHC
$2.23B
| $1.52M | 0.01% |
73,336
+11,019
| +18% | +$250K |
|
|
PDM
1014
Piedmont Realty Trust
PDM
$1.2B
| $1.52M | 0.01% |
86,021
-8,528
| -9% | -$164K |
|
1015
Vale
VALE
$62.9B
| $1.52M | 0.01% |
139,612
+3,130
| +2% | +$41.8K |
|
1016
Fidelity MSCI Financials Index ETF
FNCL
$2.4B
| $1.51M | 0.01% |
+56,168
| New | +$1.53M |
|
|
RGP
1017
DELISTED
REGENCY ENERGY PARTNERS LP COMMON UTS REP LIMITED PART INTS
RGP
| $1.5M | 0.01% |
47,130
-4,284
| -8% | -$136K |
|
|
MRSH
1018
Marsh
MRSH
$91B
| $1.5M | 0.01% |
28,978
+1,418
| +5% | +$73.9K |
|
1019
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.45B
| $1.5M | 0.01% |
23,532
+1,487
| +7% | +$103K |
|
1020
abrdn Physical Gold Shares ETF
SGOL
$6.89B
| $1.5M | 0.01% |
125,630
-12,480
| -9% | -$157K |
|
1021
ASML
ASML
$609B
| $1.49M | 0.01% |
15,383
-5,910
| -28% | -$556K |
|
1022
Constellation Brands
STZ
$22.6B
| $1.49M | 0.01% |
17,467
+900
| +5% | +$78.3K |
|
|
AVK
1023
Advent Convertible and Income Fund
AVK
$537M
| $1.49M | 0.01% |
88,427
+9,973
| +13% | +$182K |
|
|
AFB
1024
AllianceBernstein National Municipal Income Fund
AFB
$314M
| $1.48M | 0.01% |
109,918
+1,637
| +2% | +$22.2K |
|
|
GHY
1025
PGIM Global High Yield Fund
GHY
$481M
| $1.48M | 0.01% |
89,427
-21,200
| -19% | -$365K |
|
Similar funds
LPL Financial's Q3 2014 Portfolio in Review
As of Q3 2014, LPL Financial held 2,870 positions worth $16.8B, down 2.3% from $17.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q3 2014 filing shows 194 new, 1,224 increased, 1,195 reduced and 174 closed positions. Its largest new stake was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M. The largest sale was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $223M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Energy.
- LPL Financial's largest Q3 2014 buy was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q3 2014, an estimated $266M increase.
- LPL Financial's biggest Q3 2014 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $223M.
- LPL Financial fully exited iShares MSCI France ETF in Q3 2014, selling an estimated $15.9M.
- LPL Financial's ten largest holdings make up 20% of its $16.8B portfolio in Q3 2014.
- LPL Financial opened 194 new positions and closed 174 in Q3 2014.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $16.8B.
Based on LPL Financial's 13F filing for Q3 2014, filed 10 Nov 2014.