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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Lockheed Martin
LMT
$134B
| $33M | 0.17% |
175,299
+10,325
| +6% | +$1.99M |
|
127
Intel
INTC
$466B
| $32.7M | 0.17% |
1,087,953
-42,906
| -4% | -$1.39M |
|
128
Invesco S&P 500 Pure Value ETF
RPV
$1.61B
| $32.7M | 0.17% |
610,465
-18,420
| -3% | -$1.02M |
|
129
First Trust Consumer Staples AlphaDEX Fund
FXG
$231M
| $32.6M | 0.17% |
738,895
+61,259
| +9% | +$2.73M |
|
130
Vanguard FTSE All-World ex-US ETF
VEU
$65.6B
| $32.6M | 0.17% |
680,611
+136,768
| +25% | +$6.93M |
|
131
iShares S&P Small-Cap 600 Value ETF
IJS
$8.11B
| $32.4M | 0.16% |
552,512
+30,420
| +6% | +$1.81M |
|
132
PepsiCo
PEP
$186B
| $31.7M | 0.16% |
335,782
-10,466
| -3% | -$1M |
|
133
First Trust Dorsey Wright International Focus 5 ETF
IFV
$226M
| $31.6M | 0.16% |
1,651,044
+1,518,802
| +1,149% | +$30.7M |
|
134
VanEck Morningstar Wide Moat ETF
MOAT
$11.5B
| $31.6M | 0.16% |
1,029,671
-77,419
| -7% | -$2.42M |
|
|
MLPI
135
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $31.1M | 0.16% |
896,082
-7,505
| -0.8% | -$287K |
|
136
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $30.7M | 0.16% |
1,449,984
-955,354
| -40% | -$20.9M |
|
137
Bank of America
BAC
$435B
| $30.5M | 0.15% |
1,801,340
+3,174
| +0.2% | +$52.3K |
|
138
First Trust Value Line Dividend Fund
FVD
$8.29B
| $30.5M | 0.15% |
1,293,589
+21,700
| +2% | +$524K |
|
139
iShares US Consumer Staples ETF
IYK
$1.39B
| $30.3M | 0.15% |
858,114
+369,387
| +76% | +$13.1M |
|
140
iShares MSCI Japan ETF
EWJ
$21.7B
| $30.2M | 0.15% |
589,634
+467,912
| +384% | +$24.4M |
|
141
iShares Floating Rate Bond ETF
FLOT
$10.1B
| $30.2M | 0.15% |
596,739
+20,774
| +4% | +$1.05M |
|
142
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.38B
| $30.1M | 0.15% |
562,753
-23,545
| -4% | -$1.3M |
|
143
Visa
V
$677B
| $29.3M | 0.15% |
429,885
-9,904
| -2% | -$671K |
|
144
ConocoPhillips
COP
$147B
| $29.1M | 0.15% |
492,154
+302
| +0.1% | +$19.7K |
|
145
3M
MMM
$89B
| $28.9M | 0.15% |
223,030
+60,162
| +37% | +$8.07M |
|
146
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$565M
| $28.9M | 0.15% |
1,082,720
+412,079
| +61% | +$11.9M |
|
147
iShares US Technology ETF
IYW
$23.7B
| $28.8M | 0.15% |
1,098,452
+344,092
| +46% | +$9.28M |
|
148
iShares International Select Dividend ETF
IDV
$8.25B
| $28.7M | 0.15% |
904,629
+35,176
| +4% | +$1.21M |
|
149
United States Oil Fund
USO
$2.45B
| $28.6M | 0.15% |
201,651
+8,015
| +4% | +$1.27M |
|
150
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.28B
| $28M | 0.14% |
261,598
-34,631
| -12% | -$3.75M |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.