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 | |
|---|---|---|---|---|---|---|
|
HI
1601
DELISTED
Hillenbrand
HI
| $615K | ﹤0.01% |
22,468
+4,176
| +23% | +$116K |
|
|
BYM
1602
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $614K | ﹤0.01% |
44,488
-2,321
| -5% | -$31.8K |
|
1603
Global X Silver Miners ETF NEW
SIL
$3.99B
| $613K | ﹤0.01% |
28,721
+1,795
| +7% | +$37.3K |
|
1604
Dave & Buster's
PLAY
$360M
| $611K | ﹤0.01% |
14,874
+2,736
| +23% | +$104K |
|
|
VAR
1605
DELISTED
Varian Medical Systems, Inc.
VAR
| $610K | ﹤0.01% |
9,145
+64
| +0.7% | +$4.67K |
|
1606
Applied Materials
AMAT
$359B
| $609K | ﹤0.01% |
40,364
-12,042
| -23% | -$201K |
|
|
FNI
1607
DELISTED
First Trust Chindia ETF
FNI
| $609K | ﹤0.01% |
22,516
-16,565
| -42% | -$456K |
|
|
ELLI
1608
DELISTED
Ellie Mae Inc
ELLI
| $609K | ﹤0.01% |
+8,828
| New | +$652K |
|
1609
Warner Bros
WBD
$64.3B
| $608K | ﹤0.01% |
22,601
-5,204
| -19% | -$154K |
|
|
LTC
1610
LTC Properties
LTC
$2.13B
| $607K | ﹤0.01% |
13,891
-5,203
| -27% | -$221K |
|
1611
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$553M
| $607K | ﹤0.01% |
11,256
-5,741
| -34% | -$323K |
|
1612
United States Gasoline Fund
UGA
$146M
| $607K | ﹤0.01% |
18,871
+265
| +1% | +$9.14K |
|
1613
Extra Space Storage
EXR
$32.6B
| $606K | ﹤0.01% |
7,741
-1,122
| -13% | -$82.2K |
|
1614
C.H. Robinson
CHRW
$20.2B
| $605K | ﹤0.01% |
8,641
+262
| +3% | +$17.6K |
|
|
NNC
1615
DELISTED
Nuveen North Carolina Quality Municipal Income Fund
NNC
| $605K | ﹤0.01% |
47,450
+4,126
| +10% | +$52.6K |
|
|
SCTY
1616
DELISTED
SolarCity Corporation
SCTY
| $605K | ﹤0.01% |
12,812
-1,531
| -11% | -$76.9K |
|
1617
Brookfield Infrastructure Partners
BIP
$19.6B
| $604K | ﹤0.01% |
39,410
-2,775
| -7% | -$44.8K |
|
1618
ScottsMiracle-Gro
SMG
$4.15B
| $604K | ﹤0.01% |
9,547
+1,023
| +12% | +$63.2K |
|
1619
Brunswick
BC
$5.23B
| $603K | ﹤0.01% |
12,273
-77
| -0.6% | -$3.92K |
|
1620
East-West Bancorp
EWBC
$18B
| $603K | ﹤0.01% |
15,764
+173
| +1% | +$7.31K |
|
1621
HealthEquity
HQY
$8.7B
| $603K | ﹤0.01% |
20,550
+12,950
| +170% | +$407K |
|
1622
Cracker Barrel
CBRL
$1.25B
| $602K | ﹤0.01% |
3,974
-1,265
| -24% | -$189K |
|
|
ANFI
1623
DELISTED
AMIRA NATURE FOODS LTD
ANFI
| $602K | ﹤0.01% |
90,600
+64,185
| +243% | +$503K |
|
1624
Deutsche Bank
DB
$68.4B
| $600K | ﹤0.01% |
23,827
-112
| -0.5% | -$3.09K |
|
|
PWO
1625
DELISTED
POWER SHARES ETF DYNAMIC OTC
PWO
| $600K | ﹤0.01% |
8,060
+536
| +7% | +$39.9K |
|
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.