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 MBS ETF
MBB
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Parker-Hannifin
PH
$120B
| $381K | ﹤0.01% |
3,754
+486
| +15% | +$52.8K |
|
2002
Rayonier
RYN
$6.67B
| $381K | ﹤0.01% |
18,142
-8,231
| -31% | -$178K |
|
|
TSLF
2003
DELISTED
THL CREDIT SENIOR LOAN FUND
TSLF
| $381K | ﹤0.01% |
24,861
+1,040
| +4% | +$17.1K |
|
2004
Fortune Brands Innovations
FBIN
$5.86B
| $380K | ﹤0.01% |
9,091
+425
| +5% | +$17.5K |
|
2005
ProShares Short MidCap400
MYY
$3M
| $380K | ﹤0.01% |
5,841
+3,228
| +124% | +$206K |
|
|
EVO
2006
DELISTED
Eaton Vance Ohio Municipal Income Trust
EVO
| $380K | ﹤0.01% |
28,396
-134
| -0.5% | -$1.78K |
|
2007
Incyte
INCY
$25.4B
| $379K | ﹤0.01% |
3,134
-12,395
| -80% | -$1.39M |
|
2008
Northwest Natural Holdings
NWN
$2.15B
| $379K | ﹤0.01% |
8,091
-1,487
| -16% | -$65.4K |
|
|
GAM
2009
General American Investors Company
GAM
$1.54B
| $378K | ﹤0.01% |
11,788
-1,281
| -10% | -$42.6K |
|
|
IRL
2010
DELISTED
NEW IRELAND FUND INC
IRL
| $378K | ﹤0.01% |
28,057
+17,285
| +160% | +$239K |
|
|
PZI
2011
DELISTED
Invesco Zacks Micro Cap ETF
PZI
| $378K | ﹤0.01% |
25,242
+1,329
| +6% | +$20.5K |
|
2012
Canadian Solar
CSIQ
$932M
| $377K | ﹤0.01% |
19,315
+200
| +1% | +$4.45K |
|
2013
SL Green Realty
SLG
$3.83B
| $377K | ﹤0.01% |
3,482
-185
| -5% | -$19.9K |
|
2014
Xerox
XRX
$345M
| $377K | ﹤0.01% |
14,333
-479
| -3% | -$13.3K |
|
2015
ProShares Trust UltraShort Lehman 7-10 Year Treasury
PST
$10.6M
| $376K | ﹤0.01% |
16,507
-1,701
| -9% | -$40.3K |
|
2016
BlackBerry
BB
$4.58B
| $375K | ﹤0.01% |
56,739
+5,745
| +11% | +$42.9K |
|
2017
CNO Financial Group
CNO
$4.94B
| $375K | ﹤0.01% |
19,526
+780
| +4% | +$14.2K |
|
2018
First Horizon
FHN
$12.2B
| $375K | ﹤0.01% |
26,182
-5,085
| -16% | -$76.9K |
|
2019
Moody's
MCO
$83.7B
| $375K | ﹤0.01% |
3,715
-262
| -7% | -$27.9K |
|
|
ATW
2020
DELISTED
Atwood Oceanics
ATW
| $375K | ﹤0.01% |
22,439
-4,395
| -16% | -$85.6K |
|
2021
Invesco High Income Trust II
VLT
$64.9M
| $374K | ﹤0.01% |
28,952
+2,953
| +11% | +$40.6K |
|
|
ZLTQ
2022
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $374K | ﹤0.01% |
11,488
+1,165
| +11% | +$38.6K |
|
|
TAI
2023
DELISTED
TRANSAMERICA INCOME SHS INC
TAI
| $374K | ﹤0.01% |
17,298
+1,111
| +7% | +$24.1K |
|
2024
Brookfield
BN
$102B
| $373K | ﹤0.01% |
32,593
+2,141
| +7% | +$25K |
|
2025
MannKind Corp
MNKD
$1.19B
| $373K | ﹤0.01% |
23,364
-12,116
| -34% | -$257K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.