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 | |
|---|---|---|---|---|---|---|
1226
ICICI Bank
IBN
$107B
| $982K | 0.01% |
144,038
+25,581
| +22% | +$182K |
|
|
TTM
1227
DELISTED
Tata Motors Limited
TTM
| $980K | 0.01% |
27,692
-499
| -2% | -$18.4K |
|
1228
CSX Corp
CSX
$96B
| $979K | 0.01% |
81,834
+18,198
| +29% | +$204K |
|
1229
ProShares Short Russell2000
RWM
$132M
| $979K | 0.01% |
20,114
-58,019
| -74% | -$3.03M |
|
|
EMD
1230
Western Asset Emerging Markets Debt Fund
EMD
$614M
| $976K | 0.01% |
66,361
+18,182
| +38% | +$275K |
|
1231
iShares Global Consumer Discretionary ETF
RXI
$249M
| $976K | 0.01% |
10,739
-2,906
| -21% | -$260K |
|
|
HOLX
1232
DELISTED
Hologic
HOLX
| $975K | 0.01% |
24,272
-3,382
| -12% | -$131K |
|
|
IBDJ
1233
DELISTED
iShares iBonds Dec 2017 Term Corporate ETF
IBDJ
| $975K | 0.01% |
39,219
+14,215
| +57% | +$354K |
|
1234
VanEck Mortgage REIT Income ETF
MORT
$362M
| $974K | 0.01% |
43,885
+8,738
| +25% | +$191K |
|
|
WR
1235
DELISTED
Westar Energy Inc
WR
| $973K | 0.01% |
17,319
-3,777
| -18% | -$215K |
|
1236
Sunoco
SUN
$14B
| $970K | 0.01% |
35,943
+24,817
| +223% | +$646K |
|
1237
Gen Digital
GEN
$16.1B
| $968K | 0.01% |
40,306
+1,004
| +3% | +$24.7K |
|
1238
Boston Properties
BXP
$11B
| $965K | 0.01% |
7,588
-209
| -3% | -$26K |
|
|
YMLI
1239
DELISTED
VanEck Vectors High Income Infrastructure MLP ETF
YMLI
| $963K | 0.01% |
61,013
+11,119
| +22% | +$166K |
|
1240
RLI Corp
RLI
$5.88B
| $962K | 0.01% |
31,210
+834
| +3% | +$25.8K |
|
1241
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.1B
| $961K | 0.01% |
48,130
+9,650
| +25% | +$185K |
|
1242
Huntsman Corp
HUN
$2.06B
| $958K | 0.01% |
49,768
-6,524
| -12% | -$118K |
|
1243
Qorvo
QRVO
$7.92B
| $958K | 0.01% |
18,121
+239
| +1% | +$13K |
|
1244
Mid-America Apartment Communities
MAA
$15.5B
| $953K | 0.01% |
9,786
-595
| -6% | -$54.7K |
|
1245
Synopsys
SNPS
$74.5B
| $946K | 0.01% |
15,966
-275
| -2% | -$16.4K |
|
1246
NetEase
NTES
$79.2B
| $944K | 0.01% |
21,650
+270
| +1% | +$12.9K |
|
|
P
1247
DELISTED
Pandora Media Inc
P
| $944K | 0.01% |
74,183
+2,771
| +4% | +$34.4K |
|
|
LTXB
1248
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $943K | 0.01% |
21,870
-1,286
| -6% | -$48K |
|
|
MUS
1249
DELISTED
BLACKROCK MUNIHOLDINGS QUALITY FUND, INC.
MUS
| $943K | 0.01% |
69,216
-115,920
| -63% | -$1.56M |
|
|
PDM
1250
Piedmont Realty Trust
PDM
$1.22B
| $940K | 0.01% |
44,687
+2,851
| +7% | +$57.5K |
|
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.