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 MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
ProShares Ultra Real Estate
URE
$60.3M
| $849K | ﹤0.01% |
17,280
-1,630
| -9% | -$78.6K |
|
1352
Global X Social Media ETF
SOCL
$91.8M
| $847K | ﹤0.01% |
45,840
-81,976
| -64% | -$1.51M |
|
1353
Mitsubishi UFJ Financial
MUFG
$253B
| $846K | ﹤0.01% |
133,292
+68,995
| +107% | +$467K |
|
1354
United States 12 Month Oil Fund,
USL
$43.5M
| $846K | ﹤0.01% |
40,215
-4,290
| -10% | -$92.5K |
|
|
SCG
1355
DELISTED
Scana
SCG
| $846K | ﹤0.01% |
14,994
-10,613
| -41% | -$569K |
|
1356
Globus Medical
GMED
$10.9B
| $845K | ﹤0.01% |
39,116
+10,976
| +39% | +$278K |
|
|
NQU
1357
DELISTED
NUVEEN QUALITY INCOME MUNI FD
NQU
| $843K | ﹤0.01% |
62,275
-9,103
| -13% | -$123K |
|
1358
Icon
ICLR
$13.9B
| $842K | ﹤0.01% |
11,865
+538
| +5% | +$40.5K |
|
1359
Coca-Cola Consolidated
COKE
$13B
| $841K | ﹤0.01% |
42,310
| – | – |
|
|
CY
1360
DELISTED
Cypress Semiconductor
CY
| $841K | ﹤0.01% |
95,808
+6,906
| +8% | +$72.5K |
|
1361
Qorvo
QRVO
$8.09B
| $839K | ﹤0.01% |
18,721
-9,519
| -34% | -$574K |
|
1362
Ryanair
RYAAY
$31B
| $839K | ﹤0.01% |
25,691
-1,599
| -6% | -$49.4K |
|
|
EWRM
1363
DELISTED
GUGGENHEIM RUSSELL MIDCAP EQUAL WEIGHT ETF
EWRM
| $838K | ﹤0.01% |
17,396
-33,361
| -66% | -$1.65M |
|
1364
iShares MSCI ACWI ex US ETF
ACWX
$11.3B
| $837K | ﹤0.01% |
20,553
-4,616
| -18% | -$194K |
|
1365
New England Realty Associates
NEN
$199M
| $837K | ﹤0.01% |
17,321
+1,437
| +9% | +$70K |
|
1366
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$405M
| $837K | ﹤0.01% |
19,511
-16,026
| -45% | -$718K |
|
1367
Martin Marietta Materials
MLM
$35B
| $836K | ﹤0.01% |
5,089
-203
| -4% | -$32.9K |
|
1368
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$904M
| $836K | ﹤0.01% |
66,051
-9,188
| -12% | -$116K |
|
1369
Invesco DB Agriculture Fund
DBA
$1.24B
| $835K | ﹤0.01% |
39,724
-1,660
| -4% | -$35.8K |
|
1370
Infosys
INFY
$50B
| $835K | ﹤0.01% |
85,952
+3,578
| +4% | +$30.6K |
|
|
PCK
1371
DELISTED
Pimco California Municipal Income Fund II
PCK
| $833K | ﹤0.01% |
86,445
-8,479
| -9% | -$80.5K |
|
1372
Zoetis
ZTS
$32.5B
| $833K | ﹤0.01% |
19,465
-14,666
| -43% | -$680K |
|
|
PRXL
1373
DELISTED
Parexel International Corp
PRXL
| $833K | ﹤0.01% |
13,587
-1,288
| -9% | -$86.6K |
|
1374
Pultegroup
PHM
$25.7B
| $832K | ﹤0.01% |
41,630
+11,766
| +39% | +$239K |
|
1375
Royal Caribbean
RCL
$86.5B
| $830K | ﹤0.01% |
8,892
+1,699
| +24% | +$149K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.