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 MIDCAP 400 ETF Trust
MDY
|
+$66.6M |
| 2 |
Vanguard Small-Cap Growth ETF
VBK
|
+$35.6M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$28.9M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$23M |
| 5 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$22.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Stock Market ETF
VTI
|
+$930M |
| 2 |
iShares Russell 1000 Growth ETF
IWF
|
+$260M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$156M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$129M |
| 5 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$79.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.88% |
| 2 | Healthcare | 1.78% |
| 3 | Technology | 1.78% |
| 4 | Real Estate | 1.45% |
| 5 | Energy | 1.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
EPR Properties
EPR
$4.85B
| $891K | 0.01% |
11,664
+664
| +6% | +$53.1K |
|
1277
Huntsman Corp
HUN
$2.06B
| $891K | 0.01% |
56,292
+24,258
| +76% | +$384K |
|
1278
Brown-Forman Class B
BF.B
$12.6B
| $890K | 0.01% |
29,719
+713
| +2% | +$22.1K |
|
|
STEW
1279
SRH Total Return Fund
STEW
$1.76B
| $890K | 0.01% |
107,614
+43,140
| +67% | +$363K |
|
1280
Willis Towers Watson
WTW
$28.6B
| $889K | 0.01% |
+6,760
| New | +$842K |
|
|
PDM
1281
Piedmont Realty Trust
PDM
$1.22B
| $888K | 0.01% |
41,836
-2,638
| -6% | -$56.7K |
|
1282
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.49B
| $885K | 0.01% |
13,937
+1,823
| +15% | +$123K |
|
|
PRA
1283
DELISTED
ProAssurance
PRA
| $884K | 0.01% |
16,800
+498
| +3% | +$26.4K |
|
1284
Burlington
BURL
$22.5B
| $883K | 0.01% |
11,160
-1,766
| -14% | -$137K |
|
|
IBDK
1285
DELISTED
iShares iBonds Dec 2019 Term Corporate ETF
IBDK
| $883K | 0.01% |
35,147
+22,332
| +174% | +$563K |
|
1286
Fidelity MSCI Health Care Index ETF
FHLC
$3.3B
| $881K | 0.01% |
25,665
-1,825
| -7% | -$63.8K |
|
1287
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $881K | 0.01% |
33,018
+9,512
| +40% | +$255K |
|
1288
Global X Silver Miners ETF NEW
SIL
$4.09B
| $879K | 0.01% |
22,102
-9,408
| -30% | -$454K |
|
1289
Cameco
CCJ
$38.9B
| $878K | 0.01% |
108,455
+12,692
| +13% | +$122K |
|
1290
CRH
CRH
$68.7B
| $878K | 0.01% |
26,032
-536
| -2% | -$17K |
|
1291
Pediatrix Medical
MD
$2.15B
| $878K | 0.01% |
13,342
-5,604
| -30% | -$383K |
|
1292
State Street SPDR S&P Transportation ETF
XTN
$401M
| $878K | 0.01% |
18,537
-2,179
| -11% | -$101K |
|
1293
Vale
VALE
$62.9B
| $875K | 0.01% |
160,560
+2,292
| +1% | +$12.6K |
|
1294
iShares Global Clean Energy ETF
ICLN
$2.35B
| $872K | 0.01% |
96,193
-2,044
| -2% | -$18.8K |
|
|
JHD
1295
DELISTED
Nuveen High Income December 2019 Target Term Fund
JHD
| $872K | 0.01% |
84,915
+61,045
| +256% | +$620K |
|
1296
BlackRock Floating Rate Income Trust
BGT
$324M
| $869K | 0.01% |
63,786
-10,497
| -14% | -$139K |
|
1297
Chipotle Mexican Grill
CMG
$42.6B
| $869K | 0.01% |
101,700
-9,800
| -9% | -$80.6K |
|
1298
Weibo
WB
$1.92B
| $869K | 0.01% |
15,999
+2,466
| +18% | +$102K |
|
1299
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.2B
| $868K | 0.01% |
41,690
-7,960
| -16% | -$162K |
|
1300
Jefferies Financial Group
JEF
$13B
| $867K | 0.01% |
51,358
-944
| -2% | -$15.6K |
|
Similar funds
LPL Financial's Q3 2016 Portfolio in Review
As of Q3 2016, LPL Financial held 2,855 positions worth $10.5B, down 11% from $11.8B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial withdrew a net $1.45B in Q3 2016, closing 222 positions and reducing 1,147 holdings. Its most notable exit was Vanguard Total Stock Market ETF, an estimated $930M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.9% of assets, up from 2.3% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in State Street Real Estate Select Sector SPDR ETF worth $10.6M.
- LPL Financial's largest Q3 2016 buy was State Street Real Estate Select Sector SPDR ETF: 334,043 shares worth $10.6M.
- LPL Financial added most to State Street SPDR S&P MIDCAP 400 ETF Trust in Q3 2016, an estimated $66.6M increase.
- LPL Financial's biggest Q3 2016 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $260M.
- LPL Financial fully exited Vanguard Total Stock Market ETF in Q3 2016, selling an estimated $930M.
- LPL Financial's ten largest holdings make up 17% of its $10.5B portfolio in Q3 2016.
- LPL Financial opened 235 new positions and closed 222 in Q3 2016.
- LPL Financial's portfolio value fell 11% quarter-over-quarter to $10.5B.
Based on LPL Financial's 13F filing for Q3 2016, filed 16 Nov 2016.