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 | |
|---|---|---|---|---|---|---|
1801
Lennar Class A
LEN
$20.5B
| $423K | ﹤0.01% |
9,455
-12,288
| -57% | -$538K |
|
|
VIVS
1802
VivoSim Labs
VIVS
$1.36M
| $423K | ﹤0.01% |
444
-457
| -51% | -$307K |
|
1803
Match Group
MTCH
$9.05B
| $422K | ﹤0.01% |
+27,918
| New | +$367K |
|
|
PFL
1804
PIMCO Income Strategy Fund
PFL
$383M
| $422K | ﹤0.01% |
40,543
-57,459
| -59% | -$571K |
|
|
IBDC
1805
DELISTED
iShares iBonds Mar 2020 Term Corporate ETF
IBDC
| $422K | ﹤0.01% |
15,908
-14,908
| -48% | -$393K |
|
1806
Canadian Imperial Bank of Commerce
CM
$108B
| $421K | ﹤0.01% |
11,236
-10,396
| -48% | -$405K |
|
1807
NiSource
NI
$22B
| $421K | ﹤0.01% |
15,816
-15,116
| -49% | -$363K |
|
|
NXQ
1808
DELISTED
NUVEEN ELECT TAX-FREE INC 2
NXQ
| $421K | ﹤0.01% |
28,185
-27,346
| -49% | -$398K |
|
|
HBI
1809
DELISTED
Hanesbrands
HBI
| $420K | ﹤0.01% |
16,507
-50,566
| -75% | -$1.38M |
|
1810
Mercado Libre
MELI
$92.3B
| $420K | ﹤0.01% |
3,006
-4,745
| -61% | -$616K |
|
|
HW
1811
DELISTED
Headwaters Inc
HW
| $419K | ﹤0.01% |
+23,365
| New | +$441K |
|
1812
Molina Healthcare
MOH
$10.4B
| $418K | ﹤0.01% |
8,586
-23,084
| -73% | -$1.23M |
|
|
BEAV
1813
DELISTED
B/E Aerospace Inc
BEAV
| $418K | ﹤0.01% |
9,156
-7,401
| -45% | -$354K |
|
1814
Oshkosh
OSK
$9.66B
| $417K | ﹤0.01% |
9,056
+1,455
| +19% | +$64.6K |
|
1815
Teleflex
TFX
$5.8B
| $417K | ﹤0.01% |
+2,341
| New | +$382K |
|
1816
Flowers Foods
FLO
$1.62B
| $416K | ﹤0.01% |
22,025
-18,360
| -45% | -$342K |
|
|
SKX
1817
DELISTED
Skechers
SKX
| $416K | ﹤0.01% |
14,085
-53,129
| -79% | -$1.6M |
|
1818
Manulife Financial
MFC
$73.2B
| $415K | ﹤0.01% |
31,541
-24,016
| -43% | -$342K |
|
1819
Huntsman Corp
HUN
$2.06B
| $414K | ﹤0.01% |
32,034
-50,006
| -61% | -$734K |
|
1820
ProShares Ultra Russell2000
UWM
$248M
| $414K | ﹤0.01% |
20,744
-102,544
| -83% | -$2.01M |
|
|
IELG
1821
DELISTED
ISHARES ENHANCED U.S. LARGE CAP ETF
IELG
| $414K | ﹤0.01% |
12,593
-10,415
| -45% | -$338K |
|
1822
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$503M
| $413K | ﹤0.01% |
4,489
-2,201
| -33% | -$201K |
|
1823
Brunswick
BC
$5.24B
| $411K | ﹤0.01% |
9,080
+4,336
| +91% | +$205K |
|
1824
Expedia Group
EXPE
$33.4B
| $411K | ﹤0.01% |
3,870
-2,681
| -41% | -$291K |
|
1825
Veeco
VECO
$2.96B
| $411K | ﹤0.01% |
+25,856
| New | +$460K |
|
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.