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
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
First Trust Natural Gas ETF
FCG
$647M
| $36M | 0.21% |
304,807
+19,342
| +7% | +$2.16M |
|
102
iShares US Basic Materials ETF
IYM
$1.12B
| $35.8M | 0.21% |
409,051
+38,670
| +10% | +$3.29M |
|
103
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| $35.3M | 0.21% |
584,302
-327,658
| -36% | -$19M |
|
104
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $34.8M | 0.2% |
779,606
+57,232
| +8% | +$2.53M |
|
|
105
FS KKR Capital
FSK
$2.96B
| $34.7M | 0.2% |
+815,533
| New | +$33.7M |
|
106
iShares Russell 3000 ETF
IWV
$19.6B
| $34.3M | 0.2% |
291,569
-2,664
| -0.9% | -$303K |
|
107
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $34.2M | 0.2% |
764,744
+10,986
| +1% | +$472K |
|
108
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.1B
| $34.1M | 0.2% |
322,793
+1,997
| +0.6% | +$202K |
|
109
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $33.9M | 0.2% |
400,379
-23,885
| -6% | -$2.02M |
|
110
Intel
INTC
$455B
| $33.7M | 0.2% |
1,089,976
-66,457
| -6% | -$1.82M |
|
111
Pfizer
PFE
$143B
| $33.6M | 0.2% |
1,192,246
+39,604
| +3% | +$1.13M |
|
112
iShares US Utilities ETF
IDU
$1.35B
| $32.7M | 0.19% |
587,240
+73,748
| +14% | +$3.94M |
|
113
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.1B
| $32.3M | 0.19% |
253,641
-4,048
| -2% | -$491K |
|
114
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.2B
| $32.1M | 0.19% |
333,360
-9,889
| -3% | -$915K |
|
115
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.34B
| $32.1M | 0.19% |
490,920
+94,578
| +24% | +$6.12M |
|
116
iShares Russell 2000 Value ETF
IWN
$14.3B
| $31.9M | 0.19% |
309,221
+35,176
| +13% | +$3.5M |
|
117
IBM
IBM
$211B
| $31.5M | 0.18% |
181,645
-12,647
| -7% | -$2.28M |
|
118
First Trust Health Care AlphaDEX Fund
FXH
$1.04B
| $31.3M | 0.18% |
586,845
-222,664
| -28% | -$11.3M |
|
119
Wells Fargo
WFC
$261B
| $31.3M | 0.18% |
594,583
-6,851
| -1% | -$344K |
|
120
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $31M | 0.18% |
1,399,050
+199,776
| +17% | +$4.25M |
|
121
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.38B
| $30.9M | 0.18% |
577,713
+91,565
| +19% | +$4.7M |
|
122
iShares US Home Construction ETF
ITB
$2.26B
| $30.5M | 0.18% |
1,231,789
-354,912
| -22% | -$8.48M |
|
123
iShares US Healthcare ETF
IYH
$3.37B
| $30.2M | 0.18% |
1,177,615
-243,870
| -17% | -$6.02M |
|
124
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $30.2M | 0.18% |
217,893
+4,414
| +2% | +$580K |
|
125
PepsiCo
PEP
$190B
| $30.1M | 0.18% |
336,482
-31,338
| -9% | -$2.71M |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.