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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2126
Corcept Therapeutics
CORT
$10B
| $516K | ﹤0.01% |
105,000
+76,000
| +262% | +$296K |
|
2127
Invesco DB Oil Fund
DBO
$399M
| $516K | ﹤0.01% |
71,030
+38,470
| +118% | +$292K |
|
|
TXNM
2128
TXNM Energy Inc
TXNM
$6.41B
| $515K | ﹤0.01% |
15,746
-2,244
| -12% | -$71.8K |
|
2129
Northern Trust
NTRS
$22B
| $513K | ﹤0.01% |
7,941
-513
| -6% | -$32.1K |
|
2130
Carlisle Companies
CSL
$13.2B
| $512K | ﹤0.01% |
5,166
+1,074
| +26% | +$94.7K |
|
2131
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.21B
| $511K | ﹤0.01% |
19,766
-1,436
| -7% | -$34K |
|
|
SEAC
2132
DELISTED
Seachange International Inc
SEAC
| $510K | ﹤0.01% |
4,500
| – | – |
|
2133
Teck Resources
TECK
$28.3B
| $507K | ﹤0.01% |
67,672
+15,256
| +29% | +$82.5K |
|
|
CCA
2134
DELISTED
MFS California Municipal Fund
CCA
| $507K | ﹤0.01% |
40,890
+12,400
| +44% | +$149K |
|
2135
Arcos Dorados Holdings
ARCO
$1.75B
| $506K | ﹤0.01% |
147,399
-23,633
| -14% | -$65.4K |
|
2136
Cleveland-Cliffs
CLF
$6.46B
| $505K | ﹤0.01% |
174,202
+73,132
| +72% | +$153K |
|
2137
FMC
FMC
$1.3B
| $505K | ﹤0.01% |
15,165
+2,105
| +16% | +$68.3K |
|
2138
JD.com
JD
$43.4B
| $505K | ﹤0.01% |
+19,040
| New | +$500K |
|
|
SGF
2139
DELISTED
Aberdeen Singapore Fund
SGF
| $504K | ﹤0.01% |
57,366
-110
| -0.2% | -$908 |
|
|
TSLF
2140
DELISTED
THL CREDIT SENIOR LOAN FUND
TSLF
| $503K | ﹤0.01% |
32,532
-17,190
| -35% | -$258K |
|
|
IBMI
2141
DELISTED
iShares iBonds Sep 2020 Term Muni Bond ETF
IBMI
| $503K | ﹤0.01% |
19,496
+3,282
| +20% | +$84.7K |
|
2142
Incyte
INCY
$25.5B
| $502K | ﹤0.01% |
6,853
+333
| +5% | +$24.8K |
|
2143
WisdomTree Global High Dividend Fund
DEW
$148M
| $501K | ﹤0.01% |
12,533
+194
| +2% | +$7.43K |
|
|
MDP
2144
DELISTED
Meredith Corporation
MDP
| $501K | ﹤0.01% |
10,822
-400
| -4% | -$17K |
|
2145
ProShares UltraShort SmallCap600
SDD
$1.29M
| $500K | ﹤0.01% |
1,770
-19
| -1% | -$6.27K |
|
2146
Mercury Insurance
MCY
$6.06B
| $498K | ﹤0.01% |
9,293
+951
| +11% | +$47.4K |
|
2147
Steven Madden
SHOO
$3.16B
| $496K | ﹤0.01% |
20,610
-60
| -0.3% | -$1.34K |
|
2148
Arrow Electronics
ARW
$10.5B
| $494K | ﹤0.01% |
+7,766
| New | +$431K |
|
|
SPPP
2149
Sprott Physical Platinum and Palladium Trust
SPPP
$562M
| $494K | ﹤0.01% |
78,560
-4,870
| -6% | -$29.7K |
|
|
WBC
2150
DELISTED
WABCO HOLDINGS INC.
WBC
| $494K | ﹤0.01% |
4,741
-1,525
| -24% | -$144K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.