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 Core S&P Small-Cap ETF
IJR
|
+$76.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$48M |
| 3 |
iShares MSCI Pacific ex Japan ETF
EPP
|
+$29M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$26.6M |
| 5 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$24.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$99.8M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$57.6M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$38.2M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$28.9M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$21.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.21% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.95% |
| 4 | Healthcare | 2.81% |
| 5 | Industrials | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
iShares US Consumer Discretionary ETF
IYC
$1.12B
| $21M | 0.13% |
690,744
+113,324
| +20% | +$3.29M |
|
152
iShares US Industrials ETF
IYJ
$1.98B
| $20.8M | 0.13% |
410,776
+94,820
| +30% | +$4.53M |
|
|
COLE
153
DELISTED
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
| $20.7M | 0.13% |
1,473,833
-1,145,758
| -44% | -$15.6M |
|
154
Invesco Pharmaceuticals ETF
PJP
$425M
| $20.6M | 0.13% |
384,639
-7,561
| -2% | -$378K |
|
155
Bank of America
BAC
$435B
| $20.5M | 0.13% |
1,315,514
+21,566
| +2% | +$320K |
|
156
State Street Utilities Select Sector SPDR ETF
XLU
$24.1B
| $20.3M | 0.13% |
1,070,810
-109,208
| -9% | -$2.09M |
|
157
iShares US Technology ETF
IYW
$23.7B
| $20.3M | 0.13% |
916,188
+70,688
| +8% | +$1.47M |
|
158
Vanguard Total World Stock ETF
VT
$76.3B
| $19.8M | 0.12% |
332,634
+11,462
| +4% | +$660K |
|
159
Bristol-Myers Squibb
BMY
$127B
| $19.7M | 0.12% |
371,121
-56,409
| -13% | -$2.87M |
|
160
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $19.5M | 0.12% |
191,642
-63,149
| -25% | -$6.61M |
|
161
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $19.4M | 0.12% |
860,004
-9,435
| -1% | -$206K |
|
162
Gilead Sciences
GILD
$161B
| $19.2M | 0.12% |
255,762
+15,785
| +7% | +$1.1M |
|
163
iShares US Transportation ETF
IYT
$2.33B
| $19.2M | 0.12% |
582,288
+148,824
| +34% | +$4.68M |
|
164
iShares US Financial Services ETF
IYG
$2.13B
| $18.9M | 0.12% |
677,859
+15,252
| +2% | +$401K |
|
165
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.8B
| $18.9M | 0.12% |
272,515
+25,355
| +10% | +$1.66M |
|
166
Invesco S&P 500 Pure Value ETF
RPV
$1.61B
| $18.8M | 0.12% |
378,066
+81,728
| +28% | +$3.86M |
|
167
Walmart Inc
WMT
$871B
| $18.5M | 0.12% |
706,386
+4,413
| +0.6% | +$114K |
|
168
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.75B
| $18.4M | 0.12% |
942,265
+75,385
| +9% | +$1.4M |
|
169
3M
MMM
$89B
| $18.4M | 0.11% |
156,812
+1,654
| +1% | +$176K |
|
170
VanEck Morningstar Wide Moat ETF
MOAT
$11.5B
| $18.3M | 0.11% |
633,776
+70,963
| +13% | +$1.97M |
|
171
First Trust Consumer Staples AlphaDEX Fund
FXG
$231M
| $18.1M | 0.11% |
508,686
+63,486
| +14% | +$2.2M |
|
172
Caterpillar
CAT
$409B
| $18.1M | 0.11% |
199,150
-35,219
| -15% | -$3.01M |
|
173
Enterprise Products Partners
EPD
$83.8B
| $17.9M | 0.11% |
541,006
+18,092
| +3% | +$564K |
|
174
Ford
F
$57.3B
| $17.9M | 0.11% |
1,159,372
+5,957
| +0.5% | +$99.9K |
|
175
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$718M
| $17.8M | 0.11% |
672,609
+195,016
| +41% | +$4.97M |
|
Similar funds
LPL Financial's Q4 2013 Portfolio in Review
As of Q4 2013, LPL Financial held 2,780 positions worth $16B, up 6.6% from $15B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial's Q4 2013 filing shows 245 new, 1,314 increased, 1,020 reduced and 136 closed positions. Its largest new stake was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M. The largest sale was iShares MBS ETF, an estimated $99.8M.
By sector, the portfolio is most concentrated in Technology at 3.2% of assets, up from 3% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q4 2013 buy was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q4 2013, an estimated $76.6M increase.
- LPL Financial's biggest Q4 2013 reduction was iShares MBS ETF, cutting an estimated $99.8M.
- LPL Financial fully exited GUGGENGEIM BULLETSHARES 2013 HIGH YIELD CORPORATE BOND ETF in Q4 2013, selling an estimated $3.64M.
- LPL Financial's ten largest holdings make up 21% of its $16B portfolio in Q4 2013.
- LPL Financial opened 245 new positions and closed 136 in Q4 2013.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $16B.
Based on LPL Financial's 13F filing for Q4 2013, filed 13 Feb 2014.