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 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$19.2M |
| 2 |
MLPI
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$15.3M |
| 3 |
Vanguard S&P 500 Value ETF
VOOV
|
+$12.3M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$11.2M |
| 5 |
DWIN
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
|
+$9.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.07B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$878M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$829M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$809M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$564M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.4% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1326
Kroger
KR
$35.6B
| $777K | 0.01% |
20,682
-164,903
| -89% | -$5.93M |
|
1327
Textron
TXT
$16.8B
| $777K | 0.01% |
21,718
-17,379
| -44% | -$661K |
|
1328
Vale
VALE
$62.6B
| $777K | 0.01% |
158,268
-163,227
| -51% | -$764K |
|
1329
iShares MSCI ACWI ex US ETF
ACWX
$11.4B
| $775K | 0.01% |
20,217
-22,664
| -53% | -$900K |
|
|
CIM
1330
Chimera Investment
CIM
$1.05B
| $775K | 0.01% |
16,283
-26,078
| -62% | -$1.15M |
|
|
AVK
1331
Advent Convertible and Income Fund
AVK
$541M
| $774K | 0.01% |
56,855
-65,197
| -53% | -$871K |
|
1332
Republic Services
RSG
$66.8B
| $773K | 0.01% |
14,771
-22,070
| -60% | -$1.06M |
|
|
AOD
1333
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
| $772K | 0.01% |
106,362
-71,527
| -40% | -$533K |
|
1334
Hancock Whitney
HWC
$6.11B
| $770K | 0.01% |
30,500
+16,092
| +112% | +$409K |
|
|
GNT
1335
GAMCO Natural Resources, Gold & Income Trust
GNT
$137M
| $769K | 0.01% |
96,113
-90,304
| -48% | -$650K |
|
1336
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$140M
| $767K | 0.01% |
35,983
-36,901
| -51% | -$774K |
|
|
FISV
1337
Fiserv Inc
FISV
$27.9B
| $767K | 0.01% |
14,112
-62,276
| -82% | -$3.21M |
|
1338
Carlyle Group
CG
$16.6B
| $764K | 0.01% |
48,910
-58,909
| -55% | -$965K |
|
|
VCF
1339
DELISTED
Delaware Investments Colorado Municipal Income Fund
VCF
| $764K | 0.01% |
48,432
-48,673
| -50% | -$757K |
|
1340
JPMorgan Diversified Return International Equity ETF
JPIN
$363M
| $762K | 0.01% |
15,606
-1,314
| -8% | -$65.3K |
|
|
TTM
1341
DELISTED
Tata Motors Limited
TTM
| $762K | 0.01% |
22,224
-12,601
| -36% | -$395K |
|
1342
HEICO Corp
HEI
$49.8B
| $761K | 0.01% |
28,352
+14,165
| +100% | +$366K |
|
1343
Prologis
PLD
$137B
| $760K | 0.01% |
15,387
-16,674
| -52% | -$784K |
|
1344
Global Payments
GPN
$22.9B
| $759K | 0.01% |
10,529
-32,883
| -76% | -$2.43M |
|
|
NFX
1345
DELISTED
Newfield Exploration
NFX
| $759K | 0.01% |
+17,481
| New | +$671K |
|
|
DRA
1346
DELISTED
Diversified Real Asset Income Fd
DRA
| $757K | 0.01% |
45,822
-49,922
| -52% | -$805K |
|
|
WTPI
1347
WisdomTree Equity Premium Income Fund
WTPI
$494M
| $756K | 0.01% |
+28,539
| New | +$741K |
|
|
VIAB
1348
DELISTED
Viacom Inc. Class B
VIAB
| $755K | 0.01% |
18,254
-11,913
| -39% | -$493K |
|
1349
UGI
UGI
$7.94B
| $753K | 0.01% |
16,536
-11,364
| -41% | -$479K |
|
1350
Invesco S&P 500 GARP ETF
SPGP
$2.22B
| $752K | 0.01% |
22,642
-51,113
| -69% | -$1.69M |
|
Similar funds
LPL Financial's Q2 2016 Portfolio in Review
As of Q2 2016, LPL Financial held 3,304 positions worth $11.8B, down 67% from $35.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial withdrew a net $24.9B in Q2 2016, closing 680 positions and reducing 2,172 holdings. Its most notable exit was iShares Gold Trust, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.6% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in Xtrackers MSCI All World ex US Hedged Equity ETF worth $3.23M.
- LPL Financial's largest Q2 2016 buy was Xtrackers MSCI All World ex US Hedged Equity ETF: 150,365 shares worth $3.23M.
- LPL Financial added most to iShares S&P Mid-Cap 400 Value ETF in Q2 2016, an estimated $19.2M increase.
- LPL Financial's biggest Q2 2016 reduction was Vanguard Total Bond Market, cutting an estimated $1.07B.
- LPL Financial fully exited iShares Gold Trust in Q2 2016, selling an estimated $144M.
- LPL Financial's ten largest holdings make up 24% of its $11.8B portfolio in Q2 2016.
- LPL Financial opened 202 new positions and closed 680 in Q2 2016.
- LPL Financial's portfolio value fell 67% quarter-over-quarter to $11.8B.
Based on LPL Financial's 13F filing for Q2 2016, filed 15 Aug 2016.