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 | |
|---|---|---|---|---|---|---|
176
Enterprise Products Partners
EPD
$83.5B
| $18M | 0.11% |
518,756
-22,250
| -4% | -$738K |
|
177
iShares Select U.S. REIT ETF
ICF
$2.14B
| $17.8M | 0.11% |
433,328
+7,300
| +2% | +$290K |
|
178
iShares Mortgage Real Estate ETF
REM
$552M
| $17.6M | 0.11% |
359,147
+113,559
| +46% | +$5.6M |
|
179
Kimberly-Clark
KMB
$37.7B
| $17.5M | 0.11% |
165,897
+4,030
| +2% | +$417K |
|
180
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $17.5M | 0.11% |
371,802
-213,765
| -37% | -$9.83M |
|
181
Abbott
ABT
$187B
| $17.5M | 0.11% |
454,894
+5,931
| +1% | +$229K |
|
182
Gilead Sciences
GILD
$167B
| $17.5M | 0.11% |
246,864
-8,898
| -3% | -$698K |
|
183
WisdomTree US Total Dividend Fund
DTD
$1.66B
| $17.5M | 0.11% |
511,940
+20,494
| +4% | +$680K |
|
184
Caterpillar
CAT
$385B
| $17.1M | 0.11% |
172,536
-26,614
| -13% | -$2.51M |
|
185
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $17.1M | 0.11% |
314,304
+85,396
| +37% | +$4.65M |
|
186
Oracle
ORCL
$352B
| $17M | 0.1% |
416,196
+23,683
| +6% | +$901K |
|
|
NCV
187
Virtus Convertible & Income Fund
NCV
$375M
| $16.5M | 0.1% |
401,123
+24,081
| +6% | +$970K |
|
188
iShares National Muni Bond ETF
MUB
$45.3B
| $16.4M | 0.1% |
153,548
-7,235
| -4% | -$768K |
|
189
iShares US Transportation ETF
IYT
$2.32B
| $16.3M | 0.1% |
480,764
-101,524
| -17% | -$3.35M |
|
190
Southern Company
SO
$110B
| $16.2M | 0.1% |
368,801
+46,445
| +14% | +$1.95M |
|
191
Vanguard Health Care ETF
VHT
$18.6B
| $16.1M | 0.1% |
151,041
+316
| +0.2% | +$33.4K |
|
192
Union Pacific
UNP
$176B
| $16.1M | 0.1% |
171,882
-2,978
| -2% | -$265K |
|
193
AbbVie
ABBV
$470B
| $16.1M | 0.1% |
313,615
-15,210
| -5% | -$769K |
|
194
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$50.5B
| $16.1M | 0.1% |
744,904
-17,004
| -2% | -$364K |
|
195
ProShares Short 20+ Year Treasury ETF
TBF
$85.8M
| $16M | 0.1% |
528,034
+52,512
| +11% | +$1.64M |
|
196
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.38B
| $16M | 0.1% |
329,042
+1,063
| +0.3% | +$50.7K |
|
197
Cisco
CSCO
$456B
| $15.9M | 0.1% |
709,275
+49,168
| +7% | +$1.09M |
|
198
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$432M
| $15.9M | 0.1% |
740,685
+63,148
| +9% | +$1.33M |
|
199
iShares MSCI South Korea ETF
EWY
$21.3B
| $15.5M | 0.1% |
251,305
+164,860
| +191% | +$9.88M |
|
200
WisdomTree Emerging Markets Local Debt Fund
ELD
$141M
| $15.4M | 0.09% |
335,512
-20,858
| -6% | -$938K |
|
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.