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 | |
|---|---|---|---|---|---|---|
1651
SFL Corp
SFL
$1.59B
| $503K | ﹤0.01% |
35,266
-30,878
| -47% | -$460K |
|
|
EUFX
1652
DELISTED
ProShares Short Euro
EUFX
| $503K | ﹤0.01% |
11,765
+4,181
| +55% | +$176K |
|
1653
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.2M
| $502K | ﹤0.01% |
12,050
-33,726
| -74% | -$1.42M |
|
1654
Planet Fitness
PLNT
$4.29B
| $502K | ﹤0.01% |
+26,633
| New | +$449K |
|
1655
Alliance Resource Partners
ARLP
$3.3B
| $500K | ﹤0.01% |
27,555
-27,185
| -50% | -$397K |
|
1656
Invesco DB Commodity Index Tracking Fund
DBC
$1.67B
| $500K | ﹤0.01% |
32,982
-114,738
| -78% | -$1.66M |
|
1657
Invesco MSCI Sustainable Future ETF
ERTH
$133M
| $500K | ﹤0.01% |
17,135
-20,202
| -54% | -$610K |
|
1658
Sinclair Inc
SBGI
$974M
| $500K | ﹤0.01% |
16,986
-132,885
| -89% | -$4.16M |
|
1659
GATX Corp
GATX
$6.52B
| $497K | ﹤0.01% |
11,468
-1,132
| -9% | -$51.9K |
|
|
ELGX
1660
DELISTED
Endologix Inc
ELGX
| $497K | ﹤0.01% |
3,782
+637
| +20% | +$73.2K |
|
1661
Pinnacle West Capital
PNW
$12.8B
| $495K | ﹤0.01% |
6,025
-4,947
| -45% | -$369K |
|
1662
Elevance Health
ELV
$82.1B
| $494K | ﹤0.01% |
3,738
-27,173
| -88% | -$3.72M |
|
1663
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.91B
| $494K | ﹤0.01% |
30,810
-32,048
| -51% | -$500K |
|
1664
LendingTree
TREE
$564M
| $494K | ﹤0.01% |
+5,184
| New | +$439K |
|
|
NTG
1665
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $494K | ﹤0.01% |
2,711
-2,626
| -49% | -$465K |
|
1666
Deckers Outdoor
DECK
$13.3B
| $493K | ﹤0.01% |
51,360
+3,972
| +8% | +$36.7K |
|
1667
Wendy's
WEN
$1.39B
| $493K | ﹤0.01% |
51,206
-98,826
| -66% | -$1.04M |
|
1668
Commerce Bancshares
CBSH
$8.49B
| $492K | ﹤0.01% |
17,195
-570
| -3% | -$16.4K |
|
1669
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$131M
| $492K | ﹤0.01% |
30,983
-28,482
| -48% | -$430K |
|
|
EMBJ
1670
Embraer S.A. ADS
EMBJ
$12.1B
| $490K | ﹤0.01% |
+22,988
| New | +$516K |
|
1671
iShares MSCI Europe Financials ETF
EUFN
$4.07B
| $490K | ﹤0.01% |
33,426
-40,761
| -55% | -$731K |
|
|
JNPR
1672
DELISTED
Juniper Networks
JNPR
| $490K | ﹤0.01% |
22,273
+5,366
| +32% | +$125K |
|
|
THW
1673
abrdn World Healthcare Fund
THW
$531M
| $490K | ﹤0.01% |
34,950
-29,810
| -46% | -$425K |
|
|
MUH
1674
DELISTED
Blackrock Muniholdings Fund II, Inc.
MUH
| $490K | ﹤0.01% |
28,730
-29,577
| -51% | -$489K |
|
|
MSCC
1675
DELISTED
Microsemi Corp
MSCC
| $489K | ﹤0.01% |
+15,370
| New | +$526K |
|
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.