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 Stock Market ETF
VTI
|
+$1.11B |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$278M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$204M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$145M |
| 5 |
Vanguard Information Technology ETF
VGT
|
+$88.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
|
+$46.9M |
| 2 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$45.4M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$39M |
| 4 |
iShares National Muni Bond ETF
MUB
|
+$36.8M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$36.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.61% |
| 2 | Technology | 1.36% |
| 3 | Healthcare | 1.34% |
| 4 | Industrials | 1.16% |
| 5 | Energy | 1.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Dover
DOV
$27.7B
| $1.1M | 0.01% |
17,930
+266
| +2% | +$15.4K |
|
1152
Packaging Corp of America
PKG
$22.5B
| $1.1M | 0.01% |
12,971
-3,985
| -24% | -$334K |
|
|
SIX
1153
DELISTED
Six Flags Entertainment Corp.
SIX
| $1.1M | 0.01% |
18,365
+5,562
| +43% | +$311K |
|
|
PXLC
1154
DELISTED
POWERSHARES FUNDAMENTAL PURE LARGE CORE PORTFOLIO
PXLC
| $1.1M | 0.01% |
25,326
-580
| -2% | -$25.2K |
|
|
XBKS
1155
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $1.1M | 0.01% |
39,487
+21,267
| +117% | +$530K |
|
|
NHS
1156
Neuberger High Yield Strategies Fund Inc
NHS
$252M
| $1.1M | 0.01% |
94,423
-94,344
| -50% | -$1.09M |
|
1157
Invesco Municipal Trust
VKQ
$540M
| $1.1M | 0.01% |
89,466
-6,094
| -6% | -$76.8K |
|
1158
Adams Diversified Equity Fund
ADX
$3.11B
| $1.1M | 0.01% |
85,868
+16,679
| +24% | +$214K |
|
|
STON
1159
DELISTED
StoneMor Inc.
STON
| $1.09M | 0.01% |
117,653
+44,361
| +61% | +$623K |
|
1160
Martin Marietta Materials
MLM
$34.3B
| $1.08M | 0.01% |
4,852
+2,432
| +100% | +$500K |
|
|
FTR
1161
DELISTED
Frontier Communications Corp.
FTR
| $1.08M | 0.01% |
20,131
-8,299
| -29% | -$455K |
|
|
OIIL
1162
DELISTED
Credit Suisse X-Links WTI Crude Oil Index ETN
OIIL
| $1.08M | 0.01% |
32,379
+2,492
| +8% | +$79.7K |
|
1163
Amgen
AMGN
$203B
| $1.08M | 0.01% |
7,151
-2,681
| -27% | -$403K |
|
1164
Textron
TXT
$16.7B
| $1.08M | 0.01% |
21,902
+989
| +5% | +$43.1K |
|
1165
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $1.08M | 0.01% |
39,978
-1,116
| -3% | -$28.9K |
|
|
BFK
1166
DELISTED
BlackRock Municipal Income Trust
BFK
| $1.08M | 0.01% |
76,887
-17,221
| -18% | -$247K |
|
1167
Intel
INTC
$462B
| $1.07M | 0.01% |
29,407
-33,141
| -53% | -$1.19M |
|
1168
CRH
CRH
$68.7B
| $1.07M | 0.01% |
31,812
+5,780
| +22% | +$192K |
|
1169
Nomura Holdings
NMR
$28.6B
| $1.07M | 0.01% |
180,116
+868
| +0.5% | +$4.62K |
|
1170
Viatris
VTRS
$20.5B
| $1.07M | 0.01% |
27,288
-6,845
| -20% | -$254K |
|
1171
Axos Financial
AX
$5.45B
| $1.06M | 0.01% |
37,483
+3,172
| +9% | +$75.5K |
|
|
POT
1172
DELISTED
Potash Corp Of Saskatchewan
POT
| $1.06M | 0.01% |
58,590
+25,084
| +75% | +$435K |
|
|
CBA
1173
DELISTED
ClearBridge American Energy MLP
CBA
| $1.06M | 0.01% |
114,162
-17,426
| -13% | -$153K |
|
1174
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.2B
| $1.06M | 0.01% |
82,373
-77,049
| -48% | -$1.02M |
|
|
AGGP
1175
DELISTED
IQ Enhanced Core Plus Bond U.S. ETF
AGGP
| $1.06M | 0.01% |
53,535
-21,075
| -28% | -$420K |
|
Similar funds
LPL Financial's Q4 2016 Portfolio in Review
As of Q4 2016, LPL Financial held 2,896 positions worth $13.1B, up 25% from $10.5B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
LPL Financial deployed $2.3B of net new capital in Q4 2016, opening 264 new positions and adding to 1,138 existing holdings. Its largest new stake was Vanguard Total Stock Market ETF: 9,825,004 shares worth $1.14B.
By sector, the portfolio is most concentrated in Financials at 2.6% of assets, down from 2.9% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Bloomberg International Treasury Bond ETF, an estimated $46.9M trimmed.
- LPL Financial's largest Q4 2016 buy was Vanguard Total Stock Market ETF: 9,825,004 shares worth $1.14B.
- LPL Financial added most to iShares Russell 1000 Growth ETF in Q4 2016, an estimated $278M increase.
- LPL Financial's biggest Q4 2016 reduction was State Street SPDR Bloomberg International Treasury Bond ETF, cutting an estimated $46.9M.
- LPL Financial fully exited Credit Suisse X- Links Cushing MLP Infrastructure ETN's due April 20, 2020 in Q4 2016, selling an estimated $9.37M.
- LPL Financial's ten largest holdings make up 25% of its $13.1B portfolio in Q4 2016.
- LPL Financial opened 264 new positions and closed 226 in Q4 2016.
- LPL Financial's portfolio value rose 25% quarter-over-quarter to $13.1B.
Based on LPL Financial's 13F filing for Q4 2016, filed 13 Feb 2017.