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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Alerian MLP ETF
AMLP
$13B
| $39.9M | 0.2% |
516,620
-50,515
| -9% | -$4.2M |
|
102
Wells Fargo
WFC
$261B
| $39.7M | 0.2% |
703,121
+56,557
| +9% | +$3.15M |
|
103
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $39.6M | 0.2% |
466,632
+65,664
| +16% | +$5.57M |
|
104
JPMorgan Chase
JPM
$939B
| $39.6M | 0.2% |
587,556
+34,524
| +6% | +$2.25M |
|
105
Vanguard Mid-Cap Growth ETF
VOT
$19B
| $39.5M | 0.2% |
370,739
+9,836
| +3% | +$1.07M |
|
106
iShares Russell 2000 Value ETF
IWN
$14.4B
| $39.4M | 0.2% |
390,033
+52,049
| +15% | +$5.36M |
|
107
iShares Russell 3000 ETF
IWV
$19.5B
| $38.6M | 0.2% |
311,907
-22,382
| -7% | -$2.82M |
|
108
Invesco Senior Loan ETF
BKLN
$7.1B
| $38M | 0.19% |
1,591,874
+65,812
| +4% | +$1.59M |
|
109
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.73B
| $36.9M | 0.19% |
369,282
+128,243
| +53% | +$13M |
|
110
Kinder Morgan
KMI
$73.1B
| $36.9M | 0.19% |
982,748
-44,326
| -4% | -$1.85M |
|
111
Invesco Dorsey Wright Momentum ETF
PDP
$1.5B
| $36.6M | 0.19% |
848,245
+15,476
| +2% | +$672K |
|
112
Pfizer
PFE
$140B
| $36.6M | 0.19% |
1,158,802
-15,107
| -1% | -$492K |
|
|
113
iShares Short Maturity Bond ETF
NEAR
$4.8B
| $36.5M | 0.19% |
729,271
+693,037
| +1,913% | +$34.7M |
|
114
iShares US Consumer Discretionary ETF
IYC
$1.12B
| $36.1M | 0.18% |
1,001,608
-42,180
| -4% | -$1.52M |
|
115
Invesco FTSE RAFI US 1000 ETF
PRF
$9.73B
| $35.9M | 0.18% |
1,978,425
+872,695
| +79% | +$16.2M |
|
116
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $35.8M | 0.18% |
425,873
-6,875
| -2% | -$584K |
|
117
FS KKR Capital
FSK
$2.98B
| $35.2M | 0.18% |
861,546
+53,806
| +7% | +$2.22M |
|
118
Vanguard Mid-Cap Value ETF
VOE
$23.7B
| $34.9M | 0.18% |
384,942
+27,574
| +8% | +$2.55M |
|
119
Meta Platforms (Facebook)
META
$1.51T
| $34.9M | 0.18% |
398,504
+28,604
| +8% | +$2.34M |
|
120
Invesco Pharmaceuticals ETF
PJP
$425M
| $34.9M | 0.18% |
441,200
+13,431
| +3% | +$1.05M |
|
121
State Street SPDR S&P Regional Banking ETF
KRE
$4.86B
| $34.7M | 0.18% |
789,292
+306,469
| +63% | +$13M |
|
122
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $34.5M | 0.18% |
327,654
-174,783
| -35% | -$18.6M |
|
123
Vanguard Large-Cap ETF
VV
$51.9B
| $34M | 0.17% |
357,370
-16,746
| -4% | -$1.62M |
|
124
Coca-Cola
KO
$354B
| $33.5M | 0.17% |
849,766
+30,212
| +4% | +$1.23M |
|
125
Merck
MRK
$324B
| $33.3M | 0.17% |
605,730
+26,647
| +5% | +$1.49M |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.