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 | |
|---|---|---|---|---|---|---|
1726
Perrigo
PRGO
$1.4B
| $463K | ﹤0.01% |
4,989
-13
| -0.3% | -$1.35K |
|
|
JPM.WS
1727
DELISTED
JPMorgan Chase
JPM.WS
| $463K | ﹤0.01% |
24,551
-24,351
| -50% | -$506K |
|
1728
1-800-Flowers.com
FLWS
$245M
| $462K | ﹤0.01% |
51,850
-51,450
| -50% | -$408K |
|
|
PBPB
1729
DELISTED
Potbelly
PBPB
| $462K | ﹤0.01% |
36,850
+23,780
| +182% | +$317K |
|
1730
PetMed Express
PETS
$42.1M
| $462K | ﹤0.01% |
24,367
-24,540
| -50% | -$451K |
|
|
WCN
1731
Waste Connections
WCN
$42.7B
| $462K | ﹤0.01% |
9,506
-613
| -6% | -$27.9K |
|
|
FTF
1732
Franklin Limited Duration Income Trust
FTF
$233M
| $461K | ﹤0.01% |
40,010
-41,061
| -51% | -$474K |
|
1733
Genesis Energy
GEL
$1.81B
| $461K | ﹤0.01% |
12,150
-3,061
| -20% | -$107K |
|
|
ENH
1734
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $460K | ﹤0.01% |
+6,974
| New | +$457K |
|
1735
Jack in the Box
JACK
$299M
| $459K | ﹤0.01% |
5,313
-1,127
| -18% | -$85.1K |
|
|
POWR
1736
iShares U.S. Power Infrastructure ETF
POWR
$444M
| $458K | ﹤0.01% |
24,302
-25,406
| -51% | -$470K |
|
|
KW
1737
DELISTED
Kennedy-Wilson Holdings
KW
| $458K | ﹤0.01% |
+24,908
| New | +$516K |
|
|
PACW
1738
DELISTED
PacWest Bancorp
PACW
| $458K | ﹤0.01% |
+11,990
| New | +$470K |
|
|
TRCO
1739
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $458K | ﹤0.01% |
12,030
-8,240
| -41% | -$319K |
|
1740
Ryder
R
$10.3B
| $457K | ﹤0.01% |
7,462
-4,898
| -40% | -$324K |
|
|
ZTR
1741
Virtus Total Return Fund
ZTR
$340M
| $457K | ﹤0.01% |
37,993
-36,104
| -49% | -$436K |
|
|
BSJM
1742
DELISTED
Invesco BulletShares 2022 High Yield Corporate Bond ETF
BSJM
| $457K | ﹤0.01% |
18,916
-3,294
| -15% | -$78.6K |
|
1743
ProShares UltraShort Euro
EUO
$35.6M
| $456K | ﹤0.01% |
18,780
-24,090
| -56% | -$567K |
|
1744
Clearwater Paper
CLW
$278M
| $454K | ﹤0.01% |
6,998
+166
| +2% | +$9.71K |
|
|
BSFT
1745
DELISTED
BroadSoft, Inc.
BSFT
| $453K | ﹤0.01% |
+11,064
| New | +$457K |
|
|
FSFG
1746
DELISTED
First Savings Financial Group
FSFG
| $452K | ﹤0.01% |
39,000
-112,800
| -74% | -$1.31M |
|
|
CGI
1747
DELISTED
Celadon Group Inc
CGI
| $452K | ﹤0.01% |
56,555
-25,312
| -31% | -$246K |
|
1748
ePlus
PLUS
$2.33B
| $451K | ﹤0.01% |
+22,872
| New | +$475K |
|
|
TFCFA
1749
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $451K | ﹤0.01% |
16,878
-16,484
| -49% | -$480K |
|
1750
Acadia Healthcare
ACHC
$2.99B
| $449K | ﹤0.01% |
+8,483
| New | +$496K |
|
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.