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 | |
|---|---|---|---|---|---|---|
1051
Crown Castle
CCI
$33.1B
| $1.55M | 0.01% |
18,548
+12,954
| +232% | +$1.1M |
|
1052
iShares CMBS ETF
CMBS
$474M
| $1.55M | 0.01% |
29,630
+25
| +0.1% | +$1.3K |
|
1053
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$559M
| $1.55M | 0.01% |
30,416
+2,814
| +10% | +$140K |
|
1054
Flowserve
FLS
$9.38B
| $1.55M | 0.01% |
27,285
-895
| -3% | -$51.9K |
|
|
HAR
1055
DELISTED
Harman International Industries
HAR
| $1.55M | 0.01% |
11,695
-4,115
| -26% | -$512K |
|
|
PFN
1056
PIMCO Income Strategy Fund II
PFN
$692M
| $1.54M | 0.01% |
152,951
-8,148
| -5% | -$82.7K |
|
1057
Simon Property Group
SPG
$76.8B
| $1.54M | 0.01% |
7,792
-874
| -10% | -$169K |
|
1058
Pultegroup
PHM
$25.7B
| $1.54M | 0.01% |
69,160
+2,833
| +4% | +$61.7K |
|
1059
United Therapeutics
UTHR
$26.1B
| $1.54M | 0.01% |
8,842
-5,408
| -38% | -$824K |
|
1060
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $1.54M | 0.01% |
47,570
+40,270
| +552% | +$1.3M |
|
|
DHC
1061
Diversified Healthcare Trust
DHC
$2.28B
| $1.54M | 0.01% |
70,311
-15,450
| -18% | -$345K |
|
1062
Masco
MAS
$16.5B
| $1.54M | 0.01% |
67,028
-7,076
| -10% | -$161K |
|
1063
United Airlines
UAL
$40.2B
| $1.53M | 0.01% |
23,935
-1,530
| -6% | -$104K |
|
1064
WisdomTree New Economy Real Estate Fund
WTRE
$15.5M
| $1.53M | 0.01% |
51,366
+21,296
| +71% | +$627K |
|
1065
CDW
CDW
$18.4B
| $1.53M | 0.01% |
41,655
-2,352
| -5% | -$85.7K |
|
1066
First Trust Materials AlphaDEX Fund
FXZ
$373M
| $1.53M | 0.01% |
48,494
+8,636
| +22% | +$271K |
|
1067
CarMax
KMX
$8.36B
| $1.53M | 0.01% |
22,345
-33,865
| -60% | -$2.21M |
|
1068
VanEck Semiconductor ETF
SMH
$63.8B
| $1.53M | 0.01% |
55,770
+9,708
| +21% | +$268K |
|
1069
Invesco Municipal Income Opportunities Trust
OIA
$293M
| $1.53M | 0.01% |
214,907
+30,928
| +17% | +$217K |
|
|
ITG
1070
DELISTED
Investment Technology Group Inc
ITG
| $1.52M | 0.01% |
50,556
+954
| +2% | +$21.9K |
|
1071
Robert Half
RHI
$4.04B
| $1.52M | 0.01% |
25,663
+7,057
| +38% | +$424K |
|
1072
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $1.52M | 0.01% |
30,942
-1,768
| -5% | -$86.5K |
|
|
PX
1073
DELISTED
Praxair Inc
PX
| $1.52M | 0.01% |
12,544
-4,853
| -28% | -$607K |
|
1074
Archer Daniels Midland
ADM
$40.1B
| $1.5M | 0.01% |
31,721
-72,852
| -70% | -$3.47M |
|
|
SHPG
1075
DELISTED
Shire pic
SHPG
| $1.5M | 0.01% |
6,461
+751
| +13% | +$173K |
|
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.