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 500 ETF Trust
SPY
|
+$266M |
| 2 |
iShare MSCI Eurozone ETF
EZU
|
+$69.4M |
| 3 |
iShares Russell 1000 ETF
IWB
|
+$62M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
+$49.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$44.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$223M |
| 2 |
iShares Europe ETF
IEV
|
+$80M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$52.5M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$49.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$43.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.13% |
| 2 | Financials | 3.12% |
| 3 | Energy | 2.94% |
| 4 | Healthcare | 2.93% |
| 5 | Industrials | 2.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
ProShares Ultra Bloomberg Crude Oil
UCO
$390M
| $812K | ﹤0.01% |
435
-34
| -7% | -$71.5K |
|
|
CY
1402
DELISTED
Cypress Semiconductor
CY
| $811K | ﹤0.01% |
83,047
+1,515
| +2% | +$15.9K |
|
1403
Edwards Lifesciences
EW
$48.2B
| $810K | ﹤0.01% |
46,992
-10,950
| -19% | -$173K |
|
1404
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.07B
| $810K | ﹤0.01% |
15,119
+1,104
| +8% | +$58.9K |
|
|
NE
1405
DELISTED
Noble Corporation
NE
| $810K | ﹤0.01% |
38,407
-9,592
| -20% | -$259K |
|
|
ETFC
1406
DELISTED
E*Trade Financial Corporation
ETFC
| $809K | ﹤0.01% |
36,728
-1,601
| -4% | -$35.1K |
|
|
MXF
1407
Mexico Fund
MXF
$309M
| $807K | ﹤0.01% |
29,901
-3,202
| -10% | -$89.9K |
|
|
INB
1408
DELISTED
Cohen & Steers Global Income Builder, Inc.
INB
| $806K | ﹤0.01% |
66,207
-3,431
| -5% | -$43.9K |
|
|
BPK
1409
DELISTED
Blackrock Muni 2018 Term Tr
BPK
| $804K | ﹤0.01% |
50,507
-2,551
| -5% | -$40.8K |
|
1410
Lazard
LAZ
$4.21B
| $803K | ﹤0.01% |
16,185
+2,888
| +22% | +$151K |
|
1411
OGE Energy
OGE
$10.2B
| $803K | ﹤0.01% |
21,800
+8,769
| +67% | +$323K |
|
|
EOD
1412
Allspring Global Dividend Opportunity Fund
EOD
$275M
| $802K | ﹤0.01% |
100,503
-2,322
| -2% | -$19.2K |
|
1413
Suburban Propane Partners
SPH
$1.24B
| $802K | ﹤0.01% |
17,770
+322
| +2% | +$14.4K |
|
|
NTG
1414
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $800K | ﹤0.01% |
2,775
-257
| -8% | -$74.9K |
|
|
NXZ
1415
DELISTED
NUVEEN DIV ADV MUNI FD-2
NXZ
| $800K | ﹤0.01% |
57,169
-1,605
| -3% | -$22.1K |
|
|
B
1416
Barrick Mining
B
$61.5B
| $794K | ﹤0.01% |
53,801
-5,889
| -10% | -$105K |
|
1417
Kirby Corp
KEX
$7.77B
| $794K | ﹤0.01% |
7,016
+2,122
| +43% | +$253K |
|
|
WWAV
1418
DELISTED
The WhiteWave Foods Company
WWAV
| $794K | ﹤0.01% |
22,358
-32,766
| -59% | -$1.09M |
|
1419
Ametek
AME
$55.3B
| $790K | ﹤0.01% |
16,009
+1,516
| +10% | +$78.7K |
|
1420
Compass Minerals
CMP
$1.25B
| $790K | ﹤0.01% |
9,455
-731
| -7% | -$65.6K |
|
|
SBR
1421
Sabine Royalty Trust
SBR
$1.07B
| $789K | ﹤0.01% |
14,282
-1,757
| -11% | -$99.8K |
|
|
ITG
1422
DELISTED
Investment Technology Group Inc
ITG
| $786K | ﹤0.01% |
49,868
-1,380
| -3% | -$24K |
|
1423
Nokia
NOK
$49.9B
| $785K | ﹤0.01% |
95,779
-45,951
| -32% | -$370K |
|
|
TAL
1424
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $785K | ﹤0.01% |
19,347
+10,148
| +110% | +$450K |
|
1425
Limoneira
LMNR
$245M
| $783K | ﹤0.01% |
33,455
-100,816
| -75% | -$2.32M |
|
Similar funds
LPL Financial's Q3 2014 Portfolio in Review
As of Q3 2014, LPL Financial held 2,870 positions worth $16.8B, down 2.3% from $17.2B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q3 2014 filing shows 194 new, 1,224 increased, 1,195 reduced and 174 closed positions. Its largest new stake was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M. The largest sale was State Street SPDR S&P MIDCAP 400 ETF Trust, an estimated $223M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, up from 3.1% a quarter earlier, followed by Financials and Energy.
- LPL Financial's largest Q3 2014 buy was WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund: 685,236 shares worth $17M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q3 2014, an estimated $266M increase.
- LPL Financial's biggest Q3 2014 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $223M.
- LPL Financial fully exited iShares MSCI France ETF in Q3 2014, selling an estimated $15.9M.
- LPL Financial's ten largest holdings make up 20% of its $16.8B portfolio in Q3 2014.
- LPL Financial opened 194 new positions and closed 174 in Q3 2014.
- LPL Financial's portfolio value fell 2.3% quarter-over-quarter to $16.8B.
Based on LPL Financial's 13F filing for Q3 2014, filed 10 Nov 2014.