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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KITE
1476
DELISTED
Kite Pharma, Inc.
KITE
| $1.29M | ﹤0.01% |
25,776
+2,878
| +13% | +$139K |
|
1477
Avnet
AVT
$6.86B
| $1.29M | ﹤0.01% |
29,548
+14,918
| +102% | +$613K |
|
|
LTC
1478
LTC Properties
LTC
$2.13B
| $1.28M | ﹤0.01% |
28,085
+1,102
| +4% | +$48.6K |
|
|
MHF
1479
Western Asset Municipal High Income Fund
MHF
$151M
| $1.28M | ﹤0.01% |
155,693
+10,673
| +7% | +$84.5K |
|
1480
United States Gasoline Fund
UGA
$146M
| $1.28M | ﹤0.01% |
52,542
+24,480
| +87% | +$601K |
|
|
IAF
1481
abrdn Australia Equity Fund
IAF
$122M
| $1.28M | ﹤0.01% |
81,672
-9,544
| -10% | -$148K |
|
|
ALXN
1482
DELISTED
Alexion Pharmaceuticals
ALXN
| $1.28M | ﹤0.01% |
8,636
-1,242
| -13% | -$182K |
|
1483
Brown-Forman Class B
BF.B
$13.5B
| $1.28M | ﹤0.01% |
40,622
+2,644
| +7% | +$81.7K |
|
1484
iShares MSCI Europe Financials ETF
EUFN
$4B
| $1.27M | ﹤0.01% |
74,187
-8,134
| -10% | -$145K |
|
1485
EPR Properties
EPR
$4.89B
| $1.27M | ﹤0.01% |
19,333
-2,058
| -10% | -$125K |
|
1486
BlackRock MuniYield Quality Fund
MQY
$812M
| $1.27M | ﹤0.01% |
78,396
-16,108
| -17% | -$257K |
|
|
DSM
1487
BNY Mellon Strategic Municipal Bond Fund
DSM
$290M
| $1.27M | ﹤0.01% |
147,004
-17,118
| -10% | -$143K |
|
1488
Sturm, Ruger & Co
RGR
$603M
| $1.27M | ﹤0.01% |
19,379
+4,655
| +32% | +$303K |
|
1489
VeriSign
VRSN
$26.3B
| $1.27M | ﹤0.01% |
14,304
+250
| +2% | +$20.4K |
|
1490
Franklin Resources
BEN
$16.8B
| $1.27M | ﹤0.01% |
32,959
+8,169
| +33% | +$289K |
|
1491
Aaon
AAON
$6.95B
| $1.27M | ﹤0.01% |
70,539
+54,435
| +338% | +$833K |
|
|
FMY
1492
First Trust Mortgage Income Fund
FMY
$48.9M
| $1.26M | ﹤0.01% |
87,422
+31,468
| +56% | +$451K |
|
1493
ProShares UltraShort Russell2000
TWM
$45M
| $1.26M | ﹤0.01% |
1,581
-790
| -33% | -$720K |
|
1494
CVB Financial
CVBF
$4.02B
| $1.26M | ﹤0.01% |
74,956
| – | – |
|
1495
Rio Tinto
RIO
$152B
| $1.26M | ﹤0.01% |
46,173
+7,964
| +21% | +$212K |
|
1496
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$430M
| $1.26M | ﹤0.01% |
57,230
+28,458
| +99% | +$580K |
|
|
EIV
1497
DELISTED
Eaton Vance Municipal Bond Fund II
EIV
| $1.26M | ﹤0.01% |
92,217
+37,043
| +67% | +$491K |
|
|
CVRR
1498
DELISTED
CVR Refining, LP
CVRR
| $1.26M | ﹤0.01% |
109,463
+19,816
| +22% | +$281K |
|
|
RHT
1499
DELISTED
Red Hat Inc
RHT
| $1.26M | ﹤0.01% |
16,990
+4,310
| +34% | +$304K |
|
|
AA.PRB
1500
DELISTED
Alcoa Inc
AA.PRB
| $1.26M | ﹤0.01% |
38,838
+110
| +0.3% | +$3.22K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.