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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Global X SuperDividend US ETF
DIV
$796M
| $2.45M | 0.01% |
100,697
-15,625
| -13% | -$367K |
|
1077
iShares Core Universal USD Bond ETF
IUSB
$43.1B
| $2.44M | 0.01% |
47,994
+33,076
| +222% | +$1.66M |
|
1078
Invesco S&P 500 GARP ETF
SPGP
$2.26B
| $2.44M | 0.01% |
73,755
-7,159
| -9% | -$224K |
|
|
JRO
1079
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $2.44M | 0.01% |
248,032
+8,423
| +4% | +$78.7K |
|
|
NE
1080
DELISTED
Noble Corporation
NE
| $2.44M | 0.01% |
248,813
+3,647
| +1% | +$33.1K |
|
1081
TSMC
TSM
$2.03T
| $2.42M | 0.01% |
94,908
-4,619
| -5% | -$108K |
|
1082
Protolabs
PRLB
$1.78B
| $2.42M | 0.01% |
31,242
+20,270
| +185% | +$1.31M |
|
1083
Harley-Davidson
HOG
$2.66B
| $2.42M | 0.01% |
48,505
+1,053
| +2% | +$45.9K |
|
1084
Global X Silver Miners ETF NEW
SIL
$3.99B
| $2.41M | 0.01% |
91,492
+48,866
| +115% | +$1.06M |
|
1085
F5
FFIV
$22.8B
| $2.41M | 0.01% |
23,263
+6,777
| +41% | +$649K |
|
1086
AutoZone
AZO
$50.9B
| $2.41M | 0.01% |
3,056
-1,942
| -39% | -$1.47M |
|
1087
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.83B
| $2.4M | 0.01% |
70,907
+199
| +0.3% | +$6.75K |
|
|
IBMG
1088
DELISTED
iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
| $2.4M | 0.01% |
93,963
+25,198
| +37% | +$645K |
|
1089
NetEase
NTES
$81.5B
| $2.4M | 0.01% |
84,795
-50,540
| -37% | -$1.51M |
|
1090
FlexShares Quality Dividend Index Fund
QDF
$2.23B
| $2.38M | 0.01% |
66,604
-62,678
| -48% | -$2.13M |
|
1091
Cambria Shareholder Yield ETF
SYLD
$1.01B
| $2.38M | 0.01% |
83,194
-34,341
| -29% | -$943K |
|
1092
A.O. Smith
AOS
$8.82B
| $2.37M | 0.01% |
61,678
-63,484
| -51% | -$2.22M |
|
|
PFN
1093
PIMCO Income Strategy Fund II
PFN
$692M
| $2.37M | 0.01% |
273,045
-5,936
| -2% | -$49.7K |
|
|
KSU
1094
DELISTED
Kansas City Southern
KSU
| $2.37M | 0.01% |
27,382
+7,821
| +40% | +$610K |
|
1095
iShares US Oil Equipment & Services ETF
IEZ
$350M
| $2.37M | 0.01% |
69,726
-19,462
| -22% | -$640K |
|
1096
Schwab US TIPS ETF
SCHP
$16.4B
| $2.35M | 0.01% |
84,664
+4,028
| +5% | +$109K |
|
1097
Corpay
CPAY
$25.1B
| $2.35M | 0.01% |
16,192
+13,946
| +621% | +$1.81M |
|
1098
Universal Health Services
UHS
$10.1B
| $2.34M | 0.01% |
+19,092
| New | +$2.15M |
|
1099
iShares Emerging Markets Dividend ETF
DVYE
$1.2B
| $2.34M | 0.01% |
73,940
-785
| -1% | -$23.4K |
|
|
HQL
1100
abrdn Life Sciences Investors
HQL
$589M
| $2.34M | 0.01% |
126,982
-5,749
| -4% | -$104K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.