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 Core S&P Small-Cap ETF
IJR
|
+$76.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$48M |
| 3 |
iShares MSCI Pacific ex Japan ETF
EPP
|
+$29M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$26.6M |
| 5 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$24.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$99.8M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$57.6M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$38.2M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$28.9M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$21.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.21% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.95% |
| 4 | Healthcare | 2.81% |
| 5 | Industrials | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
ConocoPhillips
COP
$147B
| $27M | 0.17% |
381,725
+8,353
| +2% | +$600K |
|
127
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$511M
| $26.8M | 0.17% |
507,281
+29,856
| +6% | +$1.58M |
|
128
iShares US Real Estate ETF
IYR
$4.59B
| $26.6M | 0.17% |
422,438
+74,992
| +22% | +$4.83M |
|
|
KMP
129
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $26.6M | 0.17% |
329,245
+4,219
| +1% | +$340K |
|
130
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $26.2M | 0.16% |
592,620
-17,568
| -3% | -$756K |
|
131
Wells Fargo
WFC
$261B
| $26.1M | 0.16% |
574,054
+29,676
| +5% | +$1.28M |
|
132
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.38B
| $25.7M | 0.16% |
639,864
+58,802
| +10% | +$2.28M |
|
133
Qualcomm
QCOM
$176B
| $25.7M | 0.16% |
345,691
+21,478
| +7% | +$1.51M |
|
134
iShares International Select Dividend ETF
IDV
$8.25B
| $25.4M | 0.16% |
670,489
+84,858
| +14% | +$3.17M |
|
135
iShares US Healthcare ETF
IYH
$3.11B
| $25.4M | 0.16% |
1,088,790
+156,670
| +17% | +$3.52M |
|
136
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $25M | 0.16% |
492,854
+61,263
| +14% | +$3.05M |
|
137
Visa
V
$677B
| $24.8M | 0.16% |
446,116
+28,760
| +7% | +$1.45M |
|
138
iShares Gold Trust
IAU
$63B
| $24.8M | 0.16% |
1,063,070
-139,343
| -12% | -$3.44M |
|
139
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$293M
| $24.3M | 0.15% |
306,376
-3,368
| -1% | -$257K |
|
140
State Street SPDR S&P Retail ETF
XRT
$365M
| $24.2M | 0.15% |
550,062
+304,988
| +124% | +$13M |
|
141
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.32B
| $23.7M | 0.15% |
570,743
-112,343
| -16% | -$4.77M |
|
142
Merck
MRK
$324B
| $23.6M | 0.15% |
494,262
+16,637
| +3% | +$760K |
|
143
Vanguard FTSE Europe ETF
VGK
$30B
| $23.2M | 0.14% |
393,794
-6,496
| -2% | -$366K |
|
144
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$343M
| $22.9M | 0.14% |
929,655
+14,120
| +2% | +$329K |
|
145
Amazon
AMZN
$2.5T
| $22.9M | 0.14% |
1,146,520
+101,400
| +10% | +$1.82M |
|
146
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.38B
| $22.5M | 0.14% |
445,645
+82,233
| +23% | +$3.95M |
|
|
CHI
147
Calamos Convertible Opportunities and Income Fund
CHI
$1.02B
| $22.4M | 0.14% |
1,689,612
+923,367
| +121% | +$12M |
|
148
iShares Biotechnology ETF
IBB
$9.31B
| $22.2M | 0.14% |
292,935
-51,705
| -15% | -$3.67M |
|
149
WisdomTree Japan SmallCap Dividend Fund
DFJ
$385M
| $21.5M | 0.13% |
421,144
+35,986
| +9% | +$1.83M |
|
150
Healthcare Realty
HR
$7.42B
| $21.4M | 0.13% |
1,087,203
+266,175
| +32% | +$5.64M |
|
Similar funds
LPL Financial's Q4 2013 Portfolio in Review
As of Q4 2013, LPL Financial held 2,780 positions worth $16B, up 6.6% from $15B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial's Q4 2013 filing shows 245 new, 1,314 increased, 1,020 reduced and 136 closed positions. Its largest new stake was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M. The largest sale was iShares MBS ETF, an estimated $99.8M.
By sector, the portfolio is most concentrated in Technology at 3.2% of assets, up from 3% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q4 2013 buy was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q4 2013, an estimated $76.6M increase.
- LPL Financial's biggest Q4 2013 reduction was iShares MBS ETF, cutting an estimated $99.8M.
- LPL Financial fully exited GUGGENGEIM BULLETSHARES 2013 HIGH YIELD CORPORATE BOND ETF in Q4 2013, selling an estimated $3.64M.
- LPL Financial's ten largest holdings make up 21% of its $16B portfolio in Q4 2013.
- LPL Financial opened 245 new positions and closed 136 in Q4 2013.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $16B.
Based on LPL Financial's 13F filing for Q4 2013, filed 13 Feb 2014.