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 MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
INVN
1551
DELISTED
Invensense Inc
INVN
| $652K | ﹤0.01% |
63,774
-15,661
| -20% | -$176K |
|
|
TAL
1552
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $650K | ﹤0.01% |
41,839
+22,819
| +120% | +$481K |
|
|
NXJ
1553
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $649K | ﹤0.01% |
50,317
-1,316
| -3% | -$16.9K |
|
1554
Tenet Healthcare
THC
$22.2B
| $649K | ﹤0.01% |
17,092
-14,511
| -46% | -$750K |
|
1555
American Eagle Outfitters
AEO
$2.94B
| $645K | ﹤0.01% |
40,839
-25,437
| -38% | -$435K |
|
1556
Albemarle
ALB
$13.5B
| $645K | ﹤0.01% |
13,701
+1,340
| +11% | +$65.4K |
|
1557
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.05B
| $644K | ﹤0.01% |
12,128
+1,440
| +13% | +$79.1K |
|
|
CHK
1558
DELISTED
Chesapeake Energy Corporation
CHK
| $643K | ﹤0.01% |
382
-162
| -30% | -$275K |
|
1559
O-I Glass
OI
$1.16B
| $642K | ﹤0.01% |
29,462
+6,100
| +26% | +$130K |
|
1560
BioMarin Pharmaceuticals
BMRN
$11.9B
| $641K | ﹤0.01% |
5,850
+649
| +12% | +$86.7K |
|
1561
H&R Block
HRB
$5.96B
| $640K | ﹤0.01% |
17,800
+2,821
| +19% | +$95.5K |
|
1562
BlackRock Health Sciences Trust
BME
$572M
| $639K | ﹤0.01% |
15,881
-3,472
| -18% | -$154K |
|
1563
Wayfair
W
$12.2B
| $639K | ﹤0.01% |
+16,779
| New | +$644K |
|
|
CIM
1564
Chimera Investment
CIM
$1.06B
| $637K | ﹤0.01% |
15,481
+2,302
| +17% | +$97K |
|
1565
Raymond James Financial
RJF
$33.7B
| $637K | ﹤0.01% |
18,921
-2,064
| -10% | -$76.5K |
|
1566
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.17B
| $637K | ﹤0.01% |
7,587
+396
| +6% | +$34K |
|
|
RAD
1567
DELISTED
Rite Aid Corporation
RAD
| $637K | ﹤0.01% |
5,005
-1,213
| -20% | -$202K |
|
|
NMO
1568
DELISTED
NUVEEN MUNI MARKET OPPORT FUND
NMO
| $637K | ﹤0.01% |
48,550
-10,726
| -18% | -$140K |
|
|
PNRA
1569
DELISTED
Panera Bread Co
PNRA
| $636K | ﹤0.01% |
3,240
-122
| -4% | -$22.7K |
|
1570
Best Buy
BBY
$19.1B
| $635K | ﹤0.01% |
+16,862
| New | +$578K |
|
1571
Flowers Foods
FLO
$1.56B
| $635K | ﹤0.01% |
24,757
+6,243
| +34% | +$142K |
|
1572
Manulife Financial
MFC
$73.6B
| $635K | ﹤0.01% |
40,006
-2,987
| -7% | -$50.1K |
|
1573
Ziff Davis
ZD
$2B
| $635K | ﹤0.01% |
9,752
-587
| -6% | -$35.5K |
|
1574
Bank OZK
OZK
$5.63B
| $633K | ﹤0.01% |
14,203
-284
| -2% | -$12.4K |
|
|
BRCM
1575
DELISTED
BROADCOM CORP CL-A
BRCM
| $633K | ﹤0.01% |
12,394
-3,658
| -23% | -$188K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.