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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$88.6M |
| 3 |
SPDR Gold Trust
GLD
|
+$49.2M |
| 4 |
iShares MSCI Emerging Markets ETF
EEM
|
+$41.6M |
| 5 |
FS KKR Capital
FSK
|
+$33.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$129M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$98.6M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$81.1M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$34M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 3.14% |
| 2 | Technology | 3.06% |
| 3 | Financials | 2.97% |
| 4 | Healthcare | 2.73% |
| 5 | Industrials | 2.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Vanguard FTSE All-World ex-US ETF
VEU
$66.6B
| $25.1M | 0.15% |
479,645
+1,916
| +0.4% | +$98.7K |
|
152
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$339M
| $25.1M | 0.15% |
999,255
-56,645
| -5% | -$1.36M |
|
153
Qualcomm
QCOM
$155B
| $25M | 0.15% |
315,834
-12,187
| -4% | -$969K |
|
154
iShares Select U.S. REIT ETF
ICF
$2.09B
| $25M | 0.15% |
571,414
+138,086
| +32% | +$5.95M |
|
155
McDonald's
MCD
$192B
| $24.9M | 0.15% |
247,502
-35,673
| -13% | -$3.6M |
|
156
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$652M
| $23.9M | 0.14% |
474,930
+455,930
| +2,400% | +$22.2M |
|
157
Vanguard FTSE Europe ETF
VGK
$30.7B
| $23.5M | 0.14% |
392,357
-10,419
| -3% | -$628K |
|
158
VanEck Morningstar Wide Moat ETF
MOAT
$11.9B
| $23.4M | 0.14% |
763,961
+92,093
| +14% | +$2.75M |
|
159
VanEck Emerging Markets High Yield Bond ETF
HYEM
$523M
| $23.1M | 0.13% |
876,272
+336,792
| +62% | +$8.75M |
|
160
Bank of America
BAC
$435B
| $22.6M | 0.13% |
1,467,383
+64,826
| +5% | +$1.01M |
|
161
3M
MMM
$90.9B
| $22.3M | 0.13% |
186,131
+8,374
| +5% | +$983K |
|
162
Ford
F
$58.5B
| $22.1M | 0.13% |
1,279,152
+9,476
| +0.7% | +$154K |
|
163
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.77B
| $21.7M | 0.13% |
1,073,465
+66,535
| +7% | +$1.3M |
|
164
Vanguard Total World Stock ETF
VT
$77.1B
| $21.5M | 0.13% |
345,506
-3,538
| -1% | -$215K |
|
165
Invesco Pharmaceuticals ETF
PJP
$442M
| $21.2M | 0.12% |
346,618
-26,057
| -7% | -$1.51M |
|
166
Visa
V
$684B
| $21M | 0.12% |
398,632
-13,252
| -3% | -$693K |
|
167
VanEck Gold Miners ETF
GDX
$22.7B
| $20.7M | 0.12% |
783,497
+13,966
| +2% | +$335K |
|
168
Gilead Sciences
GILD
$162B
| $20.6M | 0.12% |
248,167
+1,303
| +0.5% | +$101K |
|
169
Amazon
AMZN
$2.92T
| $19.9M | 0.12% |
1,222,400
+25,980
| +2% | +$411K |
|
170
Enterprise Products Partners
EPD
$82.3B
| $19.7M | 0.11% |
502,550
-16,206
| -3% | -$598K |
|
171
Vanguard Extended Market ETF
VXF
$30.3B
| $19.4M | 0.11% |
221,649
-16,312
| -7% | -$1.37M |
|
172
iShares Mortgage Real Estate ETF
REM
$539M
| $19.4M | 0.11% |
383,060
+23,913
| +7% | +$1.2M |
|
173
Southern Company
SO
$109B
| $19M | 0.11% |
418,699
+49,898
| +14% | +$2.21M |
|
174
WisdomTree US Total Dividend Fund
DTD
$1.65B
| $18.8M | 0.11% |
525,288
+13,348
| +3% | +$465K |
|
175
Meta Platforms (Facebook)
META
$1.42T
| $18.3M | 0.11% |
271,325
+29,383
| +12% | +$1.81M |
|
Similar funds
LPL Financial's Q2 2014 Portfolio in Review
As of Q2 2014, LPL Financial held 2,843 positions worth $17.2B, up 5.5% from $16.3B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial's Q2 2014 filing shows 204 new, 1,214 increased, 1,177 reduced and 167 closed positions. Its largest new stake was FS KKR Capital: 815,533 shares worth $34.7M. The largest sale was iShares MBS ETF, an estimated $129M.
By sector, the portfolio is most concentrated in Energy at 3.1% of assets, up from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q2 2014 buy was FS KKR Capital: 815,533 shares worth $34.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2014, an estimated $118M increase.
- LPL Financial's biggest Q2 2014 reduction was iShares MBS ETF, cutting an estimated $129M.
- LPL Financial fully exited Invesco CurrencyShares Euro Currency Trust in Q2 2014, selling an estimated $6.53M.
- LPL Financial's ten largest holdings make up 20% of its $17.2B portfolio in Q2 2014.
- LPL Financial opened 204 new positions and closed 167 in Q2 2014.
- LPL Financial's portfolio value rose 5.5% quarter-over-quarter to $17.2B.
Based on LPL Financial's 13F filing for Q2 2014, filed 5 Aug 2014.