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 S&P Mid-Cap 400 Value ETF
IJJ
|
+$19.2M |
| 2 |
MLPI
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$15.3M |
| 3 |
Vanguard S&P 500 Value ETF
VOOV
|
+$12.3M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$11.2M |
| 5 |
DWIN
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
|
+$9.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.07B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$878M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$829M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$809M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$564M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.4% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1551
United Airlines
UAL
$39.1B
| $566K | ﹤0.01% |
14,398
-4,286
| -23% | -$203K |
|
1552
ResMed
RMD
$29.5B
| $565K | ﹤0.01% |
8,867
-372
| -4% | -$21.9K |
|
1553
Akamai
AKAM
$16.4B
| $564K | ﹤0.01% |
10,228
-13,190
| -56% | -$694K |
|
1554
Canadian National Railway
CNI
$78B
| $564K | ﹤0.01% |
9,506
-42,440
| -82% | -$2.56M |
|
1555
NetEase
NTES
$79.2B
| $564K | ﹤0.01% |
15,015
-69,780
| -82% | -$2.17M |
|
|
CHUY
1556
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $564K | ﹤0.01% |
+16,736
| New | +$544K |
|
|
TDAY
1557
USA Today Co
TDAY
$1.22B
| $561K | ﹤0.01% |
30,102
-27,896
| -48% | -$460K |
|
|
DM
1558
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $561K | ﹤0.01% |
19,985
-20,643
| -51% | -$616K |
|
1559
Gaming and Leisure Properties
GLPI
$12.8B
| $560K | ﹤0.01% |
15,922
+2,293
| +17% | +$76K |
|
|
FIT
1560
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $559K | ﹤0.01% |
44,704
-41,960
| -48% | -$621K |
|
|
JHI
1561
John Hancock Investors Trust
JHI
$115M
| $558K | ﹤0.01% |
33,554
-26,754
| -44% | -$417K |
|
|
IBME
1562
DELISTED
ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF
IBME
| $558K | ﹤0.01% |
21,091
-23,263
| -52% | -$615K |
|
|
CVA
1563
DELISTED
Covanta Holding Corporation
CVA
| $557K | ﹤0.01% |
33,669
-32,100
| -49% | -$530K |
|
|
CAB
1564
DELISTED
Cabela's Inc
CAB
| $557K | ﹤0.01% |
10,868
-4,637
| -30% | -$231K |
|
1565
Hain Celestial
HAIN
$46M
| $556K | ﹤0.01% |
11,409
-32,740
| -74% | -$1.52M |
|
1566
Pacer Trendpilot European Index ETF
PTEU
$36.5M
| $556K | ﹤0.01% |
24,444
-298,314
| -92% | -$7.32M |
|
1567
Sturm, Ruger & Co
RGR
$620M
| $556K | ﹤0.01% |
8,625
-10,754
| -55% | -$695K |
|
|
RDS.B
1568
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $556K | ﹤0.01% |
9,928
-228,959
| -96% | -$11.8M |
|
|
CVGW
1569
DELISTED
Calavo Growers
CVGW
| $555K | ﹤0.01% |
8,357
-7,373
| -47% | -$437K |
|
|
WP
1570
DELISTED
Worldpay, Inc.
WP
| $555K | ﹤0.01% |
9,600
-10,110
| -51% | -$547K |
|
1571
BlackRock Resources & Commodities Strategy Trust
BCX
$894M
| $553K | ﹤0.01% |
71,824
-61,699
| -46% | -$462K |
|
|
TWOU
1572
DELISTED
2U Inc
TWOU
| $552K | ﹤0.01% |
+619
| New | +$506K |
|
1573
ICF International
ICFI
$1.45B
| $551K | ﹤0.01% |
13,382
+6,212
| +87% | +$244K |
|
|
MNR
1574
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $551K | ﹤0.01% |
40,941
-43,063
| -51% | -$521K |
|
1575
Virtus Biotech ETF
BBP
$97.3M
| $550K | ﹤0.01% |
19,558
-15,022
| -43% | -$397K |
|
Similar funds
LPL Financial's Q2 2016 Portfolio in Review
As of Q2 2016, LPL Financial held 3,304 positions worth $11.8B, down 67% from $35.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial withdrew a net $24.9B in Q2 2016, closing 680 positions and reducing 2,172 holdings. Its most notable exit was iShares Gold Trust, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.6% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in Xtrackers MSCI All World ex US Hedged Equity ETF worth $3.23M.
- LPL Financial's largest Q2 2016 buy was Xtrackers MSCI All World ex US Hedged Equity ETF: 150,365 shares worth $3.23M.
- LPL Financial added most to iShares S&P Mid-Cap 400 Value ETF in Q2 2016, an estimated $19.2M increase.
- LPL Financial's biggest Q2 2016 reduction was Vanguard Total Bond Market, cutting an estimated $1.07B.
- LPL Financial fully exited iShares Gold Trust in Q2 2016, selling an estimated $144M.
- LPL Financial's ten largest holdings make up 24% of its $11.8B portfolio in Q2 2016.
- LPL Financial opened 202 new positions and closed 680 in Q2 2016.
- LPL Financial's portfolio value fell 67% quarter-over-quarter to $11.8B.
Based on LPL Financial's 13F filing for Q2 2016, filed 15 Aug 2016.