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 | |
|---|---|---|---|---|---|---|
1426
Expeditors International
EXPD
$22.3B
| $779K | ﹤0.01% |
15,989
+569
| +4% | +$26.9K |
|
1427
Lithia Motors
LAD
$9.5B
| $778K | ﹤0.01% |
6,845
-5,355
| -44% | -$601K |
|
|
BLE
1428
DELISTED
BlackRock Municipal Income Trust II
BLE
| $777K | ﹤0.01% |
53,272
+492
| +0.9% | +$7.03K |
|
|
ZAYO
1429
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $776K | ﹤0.01% |
30,544
+6,961
| +30% | +$187K |
|
1430
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$237M
| $775K | ﹤0.01% |
27,391
+6,396
| +30% | +$188K |
|
1431
Darden Restaurants
DRI
$24.2B
| $772K | ﹤0.01% |
12,612
-17,854
| -59% | -$1.13M |
|
1432
Molson Coors Class B
TAP
$8.13B
| $772K | ﹤0.01% |
9,179
+1,526
| +20% | +$110K |
|
1433
Ross Stores
ROST
$80.7B
| $767K | ﹤0.01% |
15,611
+1,833
| +13% | +$93.6K |
|
1434
Compass Minerals
CMP
$1.21B
| $766K | ﹤0.01% |
9,275
+236
| +3% | +$19.4K |
|
1435
Enanta Pharmaceuticals
ENTA
$363M
| $766K | ﹤0.01% |
19,643
+13,439
| +217% | +$577K |
|
1436
Nasdaq
NDAQ
$53.8B
| $766K | ﹤0.01% |
42,861
+4,557
| +12% | +$78.1K |
|
|
ANDV
1437
DELISTED
Andeavor
ANDV
| $765K | ﹤0.01% |
7,300
+1,285
| +21% | +$125K |
|
1438
Global X SuperIncome Preferred ETF
SPFF
$139M
| $764K | ﹤0.01% |
56,689
-34,843
| -38% | -$482K |
|
1439
STRATTEC Security
STRT
$378M
| $764K | ﹤0.01% |
12,017
+9,000
| +298% | +$604K |
|
|
HES
1440
DELISTED
Hess
HES
| $760K | ﹤0.01% |
13,606
+2,039
| +18% | +$117K |
|
1441
Sun Communities
SUI
$15.5B
| $760K | ﹤0.01% |
11,094
-327
| -3% | -$21.8K |
|
1442
Texas Roadhouse
TXRH
$13.8B
| $758K | ﹤0.01% |
19,985
+518
| +3% | +$19.6K |
|
|
RESP
1443
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $758K | ﹤0.01% |
32,505
+4,965
| +18% | +$119K |
|
1444
EQT Corp
EQT
$33.1B
| $757K | ﹤0.01% |
19,717
-417
| -2% | -$17K |
|
1445
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$135M
| $755K | ﹤0.01% |
37,191
-358
| -1% | -$7.59K |
|
1446
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.15B
| $750K | ﹤0.01% |
29,475
-3,842
| -12% | -$97.2K |
|
1447
First Solar
FSLR
$21.4B
| $749K | ﹤0.01% |
16,048
-31
| -0.2% | -$1.43K |
|
|
SWC
1448
DELISTED
Stillwater Mining Co
SWC
| $749K | ﹤0.01% |
68,863
+9,102
| +15% | +$87.1K |
|
|
AWH
1449
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $749K | ﹤0.01% |
19,546
-26,875
| -58% | -$1.11M |
|
1450
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$16.7B
| $748K | ﹤0.01% |
27,206
-9,544
| -26% | -$273K |
|
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.