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 | |
|---|---|---|---|---|---|---|
126
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$511M
| $28.9M | 0.17% |
548,511
+32,987
| +6% | +$1.75M |
|
127
iShares MSCI Japan ETF
EWJ
$21.7B
| $28.6M | 0.17% |
616,381
+472,541
| +329% | +$22.6M |
|
128
Lockheed Martin
LMT
$134B
| $28.4M | 0.17% |
159,930
-2,705
| -2% | -$460K |
|
129
iShares Russell 2000 Value ETF
IWN
$14.4B
| $28.3M | 0.17% |
305,517
-3,704
| -1% | -$367K |
|
|
DD
130
DELISTED
Du Pont De Nemours E I
DD
| $28.1M | 0.17% |
419,558
+9,841
| +2% | +$620K |
|
131
Merck
MRK
$324B
| $27.9M | 0.17% |
497,398
+1,349
| +0.3% | +$75.8K |
|
132
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $27.8M | 0.17% |
1,312,138
-86,912
| -6% | -$1.84M |
|
133
Starbucks
SBUX
$118B
| $27.8M | 0.17% |
744,296
+19,788
| +3% | +$765K |
|
134
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.22B
| $27.7M | 0.17% |
499,282
-85,020
| -15% | -$4.96M |
|
135
First Trust Natural Gas ETF
FCG
$632M
| $27.5M | 0.16% |
317,758
+12,951
| +4% | +$1.34M |
|
136
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.32B
| $27.4M | 0.16% |
621,362
+2,407
| +0.4% | +$112K |
|
137
Vanguard Mid-Cap Value ETF
VOE
$23.7B
| $27.3M | 0.16% |
324,937
-111,668
| -26% | -$9.66M |
|
138
First Trust Value Line Dividend Fund
FVD
$8.29B
| $27.2M | 0.16% |
1,222,687
-73,284
| -6% | -$1.66M |
|
139
iShares Russell 2000 Growth ETF
IWO
$14.5B
| $27.1M | 0.16% |
212,876
-5,017
| -2% | -$672K |
|
140
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $26.7M | 0.16% |
715,024
-11,964
| -2% | -$464K |
|
141
Invesco Dorsey Wright Momentum ETF
PDP
$1.5B
| $25.7M | 0.15% |
665,134
-14,603
| -2% | -$575K |
|
142
iShares US Home Construction ETF
ITB
$2.41B
| $25.1M | 0.15% |
1,127,757
-104,032
| -8% | -$2.44M |
|
|
SRV
143
NXG Cushing Midstream Energy Fund
SRV
$232M
| $25.1M | 0.15% |
147,161
+2,196
| +2% | +$384K |
|
144
iShares US Basic Materials ETF
IYM
$1.16B
| $25M | 0.15% |
297,661
-111,390
| -27% | -$9.76M |
|
145
Vanguard Total International Bond ETF
BNDX
$82B
| $24.5M | 0.15% |
469,097
+420,322
| +862% | +$21.8M |
|
|
PHK
146
PIMCO High Income Fund
PHK
$861M
| $24.3M | 0.14% |
2,063,134
+792,862
| +62% | +$10.2M |
|
147
VanEck Emerging Markets High Yield Bond ETF
HYEM
$522M
| $24.1M | 0.14% |
948,870
+72,598
| +8% | +$1.89M |
|
148
Philip Morris
PM
$301B
| $24M | 0.14% |
287,099
-16,568
| -5% | -$1.4M |
|
149
iShares Select U.S. REIT ETF
ICF
$2.12B
| $23.8M | 0.14% |
564,018
-7,396
| -1% | -$327K |
|
150
WisdomTree Emerging Markets Local Debt Fund
ELD
$140M
| $23.5M | 0.14% |
527,068
+176,888
| +51% | +$8.28M |
|
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.