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 | |
|---|---|---|---|---|---|---|
1951
CapForce IBD 50 ETF
FFTY
$79.9M
| $346K | ﹤0.01% |
16,004
-19,856
| -55% | -$418K |
|
1952
Peoples Bancorp of North Carolina
PEBK
$229M
| $346K | ﹤0.01% |
19,484
-19,485
| -50% | -$338K |
|
1953
Blackbaud
BLKB
$1.59B
| $345K | ﹤0.01% |
+5,094
| New | +$322K |
|
1954
iShares 1-3 Year International Treasury Bond ETF
ISHG
$825M
| $345K | ﹤0.01% |
4,181
-31,601
| -88% | -$2.6M |
|
1955
Taylor Morrison
TMHC
| $345K | ﹤0.01% |
22,550
+10,426
| +86% | +$153K |
|
1956
Associated Banc-Corp
ASB
$5.78B
| $344K | ﹤0.01% |
+20,540
| New | +$365K |
|
1957
PACCAR
PCAR
$70.2B
| $344K | ﹤0.01% |
10,169
-9,274
| -48% | -$341K |
|
|
MEG
1958
DELISTED
Media General, Inc
MEG
| $344K | ﹤0.01% |
20,358
+6,851
| +51% | +$119K |
|
|
AMSG
1959
DELISTED
Amsurg Corp
AMSG
| $343K | ﹤0.01% |
4,510
-2,922
| -39% | -$226K |
|
1960
Five Below
FIVE
$11.5B
| $341K | ﹤0.01% |
7,294
+2,267
| +45% | +$94.8K |
|
|
FMO
1961
DELISTED
Fiduciary/Claymore Energy Infrastructure Fund
FMO
| $341K | ﹤0.01% |
5,065
-12,760
| -72% | -$807K |
|
1962
GameStop
GME
$9.66B
| $340K | ﹤0.01% |
51,392
-55,516
| -52% | -$406K |
|
|
DYN
1963
DELISTED
Dynegy, Inc.
DYN
| $340K | ﹤0.01% |
20,528
-1,986
| -9% | -$34.5K |
|
1964
Arcos Dorados Holdings
ARCO
$1.75B
| $339K | ﹤0.01% |
73,699
-73,700
| -50% | -$313K |
|
|
MLNX
1965
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $339K | ﹤0.01% |
7,095
+2,895
| +69% | +$138K |
|
1966
TAL Education Group
TAL
$5.86B
| $338K | ﹤0.01% |
+32,436
| New | +$297K |
|
|
PFPT
1967
DELISTED
Proofpoint, Inc.
PFPT
| $338K | ﹤0.01% |
+5,273
| New | +$301K |
|
1968
Allegiant Air
ALGT
$2.66B
| $337K | ﹤0.01% |
+2,314
| New | +$357K |
|
|
TEN
1969
Tsakos Energy Navigation Ltd
TEN
$1.18B
| $337K | ﹤0.01% |
13,620
-14,020
| -51% | -$413K |
|
|
ABMD
1970
DELISTED
Abiomed Inc
ABMD
| $337K | ﹤0.01% |
3,021
-5,930
| -66% | -$590K |
|
|
NPF
1971
DELISTED
NUVEEN PREMIER MUNI INCOME FD
NPF
| $337K | ﹤0.01% |
22,266
-14,214
| -39% | -$209K |
|
1972
First Trust Dorsey Wright Focus 5 ETF
FV
$3.62B
| $336K | ﹤0.01% |
15,038
-14,368,652
| -100% | -$314M |
|
1973
State Street SPDR Portfolio Europe ETF
SPEU
$716M
| $336K | ﹤0.01% |
11,557
-8,983
| -44% | -$274K |
|
|
KNGT
1974
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $335K | ﹤0.01% |
+12,424
| New | +$335K |
|
1975
BlackRock Science and Technology Trust
BST
$1.58B
| $334K | ﹤0.01% |
20,400
-16,478
| -45% | -$266K |
|
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.