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 | |
|---|---|---|---|---|---|---|
|
FFA
1626
First Trust Enhanced Equity Income Fund
FFA
$449M
| $515K | ﹤0.01% |
40,054
-72,758
| -64% | -$941K |
|
1627
iShares MBS ETF
MBB
$39.1B
| $515K | ﹤0.01% |
4,674
-3,808,472
| -100% | -$417M |
|
|
PCH
1628
DELISTED
PotlatchDeltic
PCH
| $515K | ﹤0.01% |
+14,916
| New | +$505K |
|
1629
Elbit Systems
ESLT
$38.1B
| $514K | ﹤0.01% |
+5,662
| New | +$539K |
|
1630
OneMain Financial
OMF
$7.08B
| $514K | ﹤0.01% |
+23,676
| New | +$670K |
|
|
WES
1631
DELISTED
Western Gas Partners Lp
WES
| $513K | ﹤0.01% |
10,433
-15,929
| -60% | -$770K |
|
|
SPN
1632
DELISTED
Superior Energy Services, Inc.
SPN
| $512K | ﹤0.01% |
+2,946
| New | +$481K |
|
1633
Cohen & Steers Select Preferred & Income Fund
PSF
$233M
| $511K | ﹤0.01% |
18,680
-17,019
| -48% | -$446K |
|
1634
Cooper Companies
COO
$13.7B
| $510K | ﹤0.01% |
11,820
-8,584
| -42% | -$343K |
|
1635
Dycom Industries
DY
$12.7B
| $510K | ﹤0.01% |
5,646
+32
| +0.6% | +$2.42K |
|
1636
Universal Insurance Holdings
UVE
$1.21B
| $510K | ﹤0.01% |
27,734
-7,877
| -22% | -$142K |
|
|
CBB.PRB
1637
DELISTED
Cincinnati Bell Inc. DEP SHS
CBB.PRB
| $510K | ﹤0.01% |
10,262
-8,097
| -44% | -$395K |
|
1638
Walmart Inc
WMT
$889B
| $509K | ﹤0.01% |
20,709
-1,481,481
| -99% | -$34.3M |
|
|
PNRA
1639
DELISTED
Panera Bread Co
PNRA
| $509K | ﹤0.01% |
2,420
-1,908
| -44% | -$407K |
|
|
CGO
1640
Calamos Global Total Return Fund
CGO
$124M
| $508K | ﹤0.01% |
46,315
-50,569
| -52% | -$553K |
|
1641
Warner Bros
WBD
$63.4B
| $508K | ﹤0.01% |
20,238
-20,510
| -50% | -$561K |
|
|
EIO
1642
DELISTED
Eaton Vance Ohio Municipal Bond Fund
EIO
| $508K | ﹤0.01% |
33,296
-39,736
| -54% | -$583K |
|
1643
iShares US Insurance ETF
IAK
$514M
| $507K | ﹤0.01% |
10,168
-9,930
| -49% | -$504K |
|
1644
Reliance Steel & Aluminium
RS
$20.6B
| $507K | ﹤0.01% |
6,438
-10,498
| -62% | -$770K |
|
|
BBK
1645
DELISTED
Blackrock Municipal Bond Trust
BBK
| $507K | ﹤0.01% |
28,206
-52,668
| -65% | -$919K |
|
1646
ConocoPhillips
COP
$141B
| $506K | ﹤0.01% |
12,001
-855,560
| -99% | -$37.7M |
|
|
SWC
1647
DELISTED
Stillwater Mining Co
SWC
| $506K | ﹤0.01% |
41,298
-41,298
| -50% | -$442K |
|
1648
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.07B
| $505K | ﹤0.01% |
18,079
+4,239
| +31% | +$117K |
|
|
CVG
1649
DELISTED
Convergys
CVG
| $504K | ﹤0.01% |
20,137
-17,847
| -47% | -$481K |
|
|
MDVN
1650
DELISTED
MEDIVATION, INC.
MDVN
| $504K | ﹤0.01% |
8,144
+2,688
| +49% | +$152K |
|
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.