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
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
iShares MSCI Germany ETF
EWG
$1.59B
| $29.9M | 0.17% |
957,433
-303,285
| -24% | -$9.57M |
|
127
Vanguard Information Technology ETF
VGT
$139B
| $29.9M | 0.17% |
2,467,504
+1,685,600
| +216% | +$19.4M |
|
128
First Trust Value Line Dividend Fund
FVD
$8.32B
| $29.7M | 0.17% |
1,295,971
-56,827
| -4% | -$1.27M |
|
129
JPMorgan Chase
JPM
$935B
| $29.4M | 0.17% |
510,984
-40,472
| -7% | -$2.28M |
|
130
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.3B
| $28.9M | 0.17% |
618,955
+5,840
| +1% | +$267K |
|
131
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $28.5M | 0.17% |
726,988
-53,936
| -7% | -$2.04M |
|
132
iShares US Transportation ETF
IYT
$2.26B
| $28.5M | 0.17% |
775,744
+294,980
| +61% | +$10.4M |
|
133
Starbucks
SBUX
$120B
| $28M | 0.16% |
724,508
-9,492
| -1% | -$345K |
|
134
iShares S&P Small-Cap 600 Value ETF
IJS
$8.12B
| $28M | 0.16% |
485,432
-252,190
| -34% | -$14.1M |
|
135
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$506M
| $27.6M | 0.16% |
515,524
-4,793
| -0.9% | -$256K |
|
136
Merck
MRK
$322B
| $27.4M | 0.16% |
496,049
+11,204
| +2% | +$611K |
|
|
KMP
137
DELISTED
KINDER MORGAN ENER PNTRS L.P.
KMP
| $26.9M | 0.16% |
327,423
-13,583
| -4% | -$1.05M |
|
138
iShares Gold Trust
IAU
$62.9B
| $26.7M | 0.16% |
1,034,778
+29,313
| +3% | +$733K |
|
139
Invesco Dorsey Wright Momentum ETF
PDP
$1.46B
| $26.5M | 0.15% |
679,737
-138,614
| -17% | -$5.21M |
|
140
First Trust Consumer Staples AlphaDEX Fund
FXG
$229M
| $26.3M | 0.15% |
661,384
+97,038
| +17% | +$3.69M |
|
141
Lockheed Martin
LMT
$134B
| $26.1M | 0.15% |
162,635
-275
| -0.2% | -$44.7K |
|
142
ProShares Short S&P500
SH
$907M
| $26.1M | 0.15% |
139,811
+18,373
| +15% | +$3.56M |
|
143
Invesco S&P 500 Pure Value ETF
RPV
$1.65B
| $26.1M | 0.15% |
480,794
+41,332
| +9% | +$2.17M |
|
144
iShares US Real Estate ETF
IYR
$4.66B
| $26M | 0.15% |
361,838
+92,735
| +34% | +$6.53M |
|
145
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $26M | 0.15% |
890,131
-455,643
| -34% | -$13.1M |
|
146
Philip Morris
PM
$297B
| $25.6M | 0.15% |
303,667
+4,014
| +1% | +$346K |
|
|
SRV
147
NXG Cushing Midstream Energy Fund
SRV
$219M
| $25.6M | 0.15% |
144,965
+7,512
| +5% | +$1.28M |
|
|
DD
148
DELISTED
Du Pont De Nemours E I
DD
| $25.5M | 0.15% |
409,717
-20,887
| -5% | -$1.34M |
|
149
WisdomTree Japan SmallCap Dividend Fund
DFJ
$385M
| $25.2M | 0.15% |
470,089
+25,207
| +6% | +$1.27M |
|
150
Invesco S&P 500 Pure Growth ETF
RPG
$2.01B
| $25.1M | 0.15% |
1,623,705
+266,370
| +20% | +$3.93M |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.