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
|
+$266M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$69.4M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$62M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$49.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$44.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
iShares Europe ETF
IEV
|
+$80M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$52.5M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$49.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 3.12% |
| 3 | Energy | 2.94% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
United Bankshares
UBSI
$6.71B
| $1.05M | 0.01% |
34,137
+7,090
| +26% | +$229K |
|
1227
Vanguard Russell 2000 Value ETF
VTWV
$1.3B
| $1.05M | 0.01% |
13,026
+1,116
| +9% | +$96.3K |
|
|
HAR
1228
DELISTED
Harman International Industries
HAR
| $1.05M | 0.01% |
10,757
+8,491
| +375% | +$947K |
|
1229
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.61B
| $1.04M | 0.01% |
21,153
+11,660
| +123% | +$586K |
|
1230
PhenixFIN
PFX
$83M
| $1.04M | 0.01% |
4,464
+250
| +6% | +$64K |
|
1231
iShares Core US REIT ETF
USRT
$4.74B
| $1.04M | 0.01% |
24,689
-4,553
| -16% | -$201K |
|
|
HHY
1232
DELISTED
Brookfield High Income Fund Inc.
HHY
| $1.04M | 0.01% |
+111,035
| New | +$1.11M |
|
1233
C.H. Robinson
CHRW
$20B
| $1.04M | 0.01% |
15,918
+687
| +5% | +$45.8K |
|
1234
Essential Utilities
WTRG
$11.5B
| $1.04M | 0.01% |
44,169
+1,289
| +3% | +$31.5K |
|
1235
Nuveen Virginia Quality Municipal Income Fund
NPV
$214M
| $1.03M | 0.01% |
78,016
-3,723
| -5% | -$48.9K |
|
|
CPN
1236
DELISTED
Calpine Corporation
CPN
| $1.03M | 0.01% |
47,251
+619
| +1% | +$14K |
|
1237
The GEO Group
GEO
$4.11B
| $1.03M | 0.01% |
+40,917
| New | +$996K |
|
1238
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$731M
| $1.02M | 0.01% |
51,100
+10,484
| +26% | +$214K |
|
1239
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.2B
| $1.02M | 0.01% |
58,900
-340
| -0.6% | -$5.98K |
|
1240
Church & Dwight Co
CHD
$23.7B
| $1.02M | 0.01% |
29,236
+10,354
| +55% | +$353K |
|
|
AZPN
1241
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.02M | 0.01% |
27,551
+5,395
| +24% | +$199K |
|
1242
United Therapeutics
UTHR
$26.1B
| $1.01M | 0.01% |
7,785
-3,365
| -30% | -$347K |
|
1243
ProShares Ultra Dow30
DDM
$548M
| $1.01M | 0.01% |
101,688
-9,084
| -8% | -$92.1K |
|
|
TWO
1244
Two Harbors Investment
TWO
$1.27B
| $1.01M | 0.01% |
12,885
-2,349
| -15% | -$195K |
|
|
BKK
1245
DELISTED
Blackrock Municipal 2020 Term Trust
BKK
| $1.01M | 0.01% |
63,498
-1,907
| -3% | -$31.2K |
|
1246
PACCAR
PCAR
$72.7B
| $1.01M | 0.01% |
26,985
-4,634
| -15% | -$193K |
|
1247
Vanguard S&P 500 Value ETF
VOOV
$6.67B
| $1.01M | 0.01% |
11,796
+614
| +5% | +$53.6K |
|
|
WR
1248
DELISTED
Westar Energy Inc
WR
| $1.01M | 0.01% |
29,592
+5,259
| +22% | +$190K |
|
1249
Cameco
CCJ
$37.9B
| $1.01M | 0.01% |
57,065
-373
| -0.6% | -$7.31K |
|
1250
Cirrus Logic
CRUS
$6.87B
| $1M | 0.01% |
49,328
-34,972
| -41% | -$810K |
|
Similar funds
LPL Financial's Q3 2014 Portfolio in Review
As of Q3 2014, LPL Financial held 2,870 positions worth $16.8B, down 2.3% from $17.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q3 2014 filing shows 194 new, 1,224 increased, 1,195 reduced and 174 closed positions. Its largest new stake was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M. The largest sale was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $223M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Energy.
- LPL Financial's largest Q3 2014 buy was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q3 2014, an estimated $266M increase.
- LPL Financial's biggest Q3 2014 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $223M.
- LPL Financial fully exited iShares MSCI France ETF in Q3 2014, selling an estimated $15.9M.
- LPL Financial's ten largest holdings make up 20% of its $16.8B portfolio in Q3 2014.
- LPL Financial opened 194 new positions and closed 174 in Q3 2014.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $16.8B.
Based on LPL Financial's 13F filing for Q3 2014, filed 10 Nov 2014.