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 500 Growth ETF
IVW
|
+$86.9M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$71.2M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$47.2M |
| 4 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$43.1M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$42.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$118M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$56.1M |
| 3 |
iShares S&P Small-Cap 600 Growth ETF
IJT
|
+$52.7M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$40.5M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$39.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.04% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.86% |
| 4 | Healthcare | 2.78% |
| 5 | Industrials | 2.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
WisdomTree Japan SmallCap Dividend Fund
DFJ
$382M
| $22.3M | 0.14% |
444,882
+23,738
| +6% | +$1.19M |
|
152
Visa
V
$702B
| $22.2M | 0.14% |
411,884
-34,232
| -8% | -$1.9M |
|
153
Invesco Pharmaceuticals ETF
PJP
$445M
| $21.1M | 0.13% |
372,675
-11,964
| -3% | -$679K |
|
154
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$711M
| $20.9M | 0.13% |
775,328
+102,719
| +15% | +$2.72M |
|
155
Vanguard Total World Stock ETF
VT
$76.4B
| $20.8M | 0.13% |
349,044
+16,410
| +5% | +$962K |
|
156
First Trust Consumer Staples AlphaDEX Fund
FXG
$235M
| $20.8M | 0.13% |
564,346
+55,660
| +11% | +$1.98M |
|
157
Healthcare Realty
HR
$7.55B
| $20.3M | 0.12% |
889,453
-197,750
| -18% | -$4.31M |
|
158
Vanguard Extended Market ETF
VXF
$30.5B
| $20.2M | 0.12% |
237,961
+75,460
| +46% | +$6.31M |
|
159
3M
MMM
$94.1B
| $20.2M | 0.12% |
177,757
+20,945
| +13% | +$2.33M |
|
160
Amazon
AMZN
$2.49T
| $20.1M | 0.12% |
1,196,420
+49,900
| +4% | +$926K |
|
161
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.78B
| $20M | 0.12% |
1,006,930
+64,665
| +7% | +$1.25M |
|
|
PHK
162
PIMCO High Income Fund
PHK
$863M
| $19.9M | 0.12% |
1,588,331
+67,358
| +4% | +$825K |
|
163
iShares US Financial Services ETF
IYG
$2.17B
| $19.9M | 0.12% |
703,479
+25,620
| +4% | +$711K |
|
164
Invesco S&P 500 Pure Growth ETF
RPG
$1.97B
| $19.9M | 0.12% |
1,357,335
+511,925
| +61% | +$7.41M |
|
165
State Street SPDR S&P Retail ETF
XRT
$456M
| $19.8M | 0.12% |
470,960
-79,102
| -14% | -$3.31M |
|
166
Ford
F
$58.9B
| $19.8M | 0.12% |
1,269,676
+110,304
| +10% | +$1.71M |
|
167
VanEck Morningstar Wide Moat ETF
MOAT
$11.9B
| $19.7M | 0.12% |
671,868
+38,092
| +6% | +$1.09M |
|
168
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.84B
| $18.9M | 0.12% |
247,104
-25,411
| -9% | -$1.98M |
|
169
Bristol-Myers Squibb
BMY
$130B
| $18.8M | 0.12% |
362,197
-8,924
| -2% | -$475K |
|
170
WisdomTree US SmallCap Dividend Fund
DES
$2.21B
| $18.6M | 0.11% |
815,586
-44,418
| -5% | -$986K |
|
171
Walmart Inc
WMT
$902B
| $18.4M | 0.11% |
720,447
+14,061
| +2% | +$353K |
|
|
VER
172
DELISTED
VEREIT, Inc.
VER
| $18.3M | 0.11% |
260,650
+241,832
| +1,285% | +$16.8M |
|
173
iShares US Real Estate ETF
IYR
$4.78B
| $18.2M | 0.11% |
269,103
-153,335
| -36% | -$10.2M |
|
174
VanEck Gold Miners ETF
GDX
$22.8B
| $18.2M | 0.11% |
769,531
+168,668
| +28% | +$4.14M |
|
175
WisdomTree US MidCap Fund
EZM
$945M
| $18.1M | 0.11% |
611,988
+95,265
| +18% | +$2.75M |
|
Similar funds
LPL Financial's Q1 2014 Portfolio in Review
As of Q1 2014, LPL Financial held 2,836 positions worth $16.3B, up 1.6% from $16B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q1 2014 filing shows 192 new, 1,211 increased, 1,175 reduced and 199 closed positions. Its largest new stake was iShares MSCI France ETF: 526,189 shares worth $15.4M. The largest sale was iShares MSCI EAFE ETF, an estimated $118M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, down from 3.2% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q1 2014 buy was iShares MSCI France ETF: 526,189 shares worth $15.4M.
- LPL Financial added most to iShares S&P 500 Growth ETF in Q1 2014, an estimated $86.9M increase.
- LPL Financial's biggest Q1 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $118M.
- LPL Financial fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $20.7M.
- LPL Financial's ten largest holdings make up 19% of its $16.3B portfolio in Q1 2014.
- LPL Financial opened 192 new positions and closed 199 in Q1 2014.
- LPL Financial's portfolio value rose 1.6% quarter-over-quarter to $16.3B.
Based on LPL Financial's 13F filing for Q1 2014, filed 12 May 2014.