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 Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ALTS
1351
DELISTED
ProShares Morningstar Alternatives Solution ETF
ALTS
| $1.54M | ﹤0.01% |
40,742
+3,626
| +10% | +$136K |
|
1352
Jazz Pharmaceuticals
JAZZ
$16.3B
| $1.54M | ﹤0.01% |
11,545
-302
| -3% | -$37.6K |
|
1353
Invesco Semiconductors ETF
PSI
$2.1B
| $1.54M | ﹤0.01% |
181,029
-558
| -0.3% | -$4.37K |
|
1354
Fluor
FLR
$6.7B
| $1.54M | ﹤0.01% |
29,568
-598
| -2% | -$28.1K |
|
1355
Invesco Oil & Gas Services ETF
PXJ
$64.1M
| $1.53M | ﹤0.01% |
27,720
+19,799
| +250% | +$1.05M |
|
1356
ProShares UltraShort Financials
SKF
$10.2M
| $1.53M | ﹤0.01% |
+1,963
| New | +$1.68M |
|
1357
Sony
SONY
$137B
| $1.52M | ﹤0.01% |
295,995
+1,410
| +0.5% | +$6.47K |
|
1358
SITE Centers
SITC
$234M
| $1.52M | ﹤0.01% |
67,627
+4,935
| +8% | +$106K |
|
|
BGB
1359
Blackstone Strategic Credit 2027 Term Fund
BGB
$500M
| $1.51M | ﹤0.01% |
113,000
+23,169
| +26% | +$299K |
|
|
EHI
1360
Western Asset Global High Income Fund
EHI
$175M
| $1.51M | ﹤0.01% |
170,372
-19,621
| -10% | -$165K |
|
1361
Alliant Energy
LNT
$18.6B
| $1.51M | ﹤0.01% |
41,068
-23,718
| -37% | -$800K |
|
1362
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.79B
| $1.51M | ﹤0.01% |
51,506
-18,950
| -27% | -$548K |
|
1363
Simpson Manufacturing
SSD
$7.87B
| $1.5M | ﹤0.01% |
40,200
-2,800
| -7% | -$94.8K |
|
1364
Agilent Technologies
A
$39.7B
| $1.5M | ﹤0.01% |
38,279
+19,052
| +99% | +$726K |
|
1365
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$137M
| $1.5M | ﹤0.01% |
72,884
-111
| -0.2% | -$2.11K |
|
|
MQT
1366
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $1.5M | ﹤0.01% |
106,560
+11,530
| +12% | +$157K |
|
|
TSS
1367
DELISTED
Total System Services, Inc.
TSS
| $1.5M | ﹤0.01% |
31,297
-8,176
| -21% | -$358K |
|
1368
Invesco Municipal Trust
VKQ
$543M
| $1.5M | ﹤0.01% |
111,858
+5,520
| +5% | +$71.9K |
|
1369
Manhattan Associates
MANH
$12.2B
| $1.49M | ﹤0.01% |
26,964
-17,847
| -40% | -$993K |
|
1370
Kite Realty
KRG
$5.84B
| $1.49M | ﹤0.01% |
54,490
+964
| +2% | +$25.6K |
|
1371
Ball Corp
BALL
$17.5B
| $1.49M | ﹤0.01% |
42,294
-6,716
| -14% | -$229K |
|
1372
C.H. Robinson
CHRW
$20.2B
| $1.49M | ﹤0.01% |
20,263
+1,988
| +11% | +$136K |
|
1373
BlackRock MuniAssets Fund
MUA
$516M
| $1.49M | ﹤0.01% |
99,173
-12,326
| -11% | -$179K |
|
1374
Air Products & Chemicals
APD
$65.6B
| $1.49M | ﹤0.01% |
11,276
+1,381
| +14% | +$167K |
|
1375
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $1.49M | ﹤0.01% |
57,924
+33,822
| +140% | +$849K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.