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 | |
|---|---|---|---|---|---|---|
2126
Pentair
PNR
$10.2B
| $273K | ﹤0.01% |
6,918
-2,464
| -26% | -$95.8K |
|
|
TPC
2127
Tutor Perini Cor
TPC
$4.51B
| $273K | ﹤0.01% |
+11,510
| New | +$225K |
|
2128
Helix Energy Solutions
HLX
$1.42B
| $271K | ﹤0.01% |
38,830
-39,530
| -50% | -$286K |
|
|
AYR
2129
DELISTED
Aircastle Ltd
AYR
| $271K | ﹤0.01% |
+14,080
| New | +$298K |
|
2130
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $270K | ﹤0.01% |
9,172
-33,612
| -79% | -$991K |
|
2131
Arrow Electronics
ARW
$10.9B
| $269K | ﹤0.01% |
4,485
-3,281
| -42% | -$208K |
|
2132
AvalonBay Communities
AVB
$26.8B
| $269K | ﹤0.01% |
1,478
-138
| -9% | -$24.9K |
|
2133
WisdomTree International High Dividend Fund
DTH
$641M
| $269K | ﹤0.01% |
7,577
-7,045
| -48% | -$265K |
|
2134
ProShares UltraShort Dow 30
DXD
$42.7M
| $268K | ﹤0.01% |
749
-930
| -55% | -$344K |
|
2135
Mastercard
MA
$487B
| $268K | ﹤0.01% |
3,084
-337,727
| -99% | -$32.2M |
|
|
RMT
2136
Royce Micro-Cap Trust
RMT
$735M
| $268K | ﹤0.01% |
36,009
-25,325
| -41% | -$185K |
|
|
SA
2137
Seabridge Gold
SA
$2.82B
| $268K | ﹤0.01% |
+17,421
| New | +$236K |
|
2138
Crane NXT
CXT
$3.12B
| $267K | ﹤0.01% |
13,793
-3,118
| -18% | -$60.8K |
|
2139
Grand Canyon Education
LOPE
$3.84B
| $267K | ﹤0.01% |
+6,766
| New | +$285K |
|
2140
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $267K | ﹤0.01% |
3,533
-3,695
| -51% | -$279K |
|
|
DRE
2141
DELISTED
Duke Realty Corp.
DRE
| $267K | ﹤0.01% |
10,026
-6,707
| -40% | -$158K |
|
|
MDP
2142
DELISTED
Meredith Corporation
MDP
| $267K | ﹤0.01% |
5,058
-5,764
| -53% | -$285K |
|
|
SEA
2143
DELISTED
Invesco Shipping ETF
SEA
| $267K | ﹤0.01% |
+25,070
| New | +$296K |
|
|
MCI
2144
Barings Corporate Investors
MCI
$343M
| $265K | ﹤0.01% |
14,600
-18,804
| -56% | -$327K |
|
|
VMW
2145
DELISTED
VMware, Inc
VMW
| $265K | ﹤0.01% |
4,632
-7,516
| -62% | -$433K |
|
|
PEI
2146
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $265K | ﹤0.01% |
812
-11
| -1% | -$3.64K |
|
|
QINC
2147
DELISTED
First Trust RBA Quality Income ETF
QINC
| $265K | ﹤0.01% |
11,733
-4,451
| -28% | -$97.1K |
|
2148
InfraCap MLP ETF
AMZA
$461M
| $264K | ﹤0.01% |
2,446
+353
| +17% | +$36.9K |
|
2149
iShares Currency Hedged MSCI Emerging Markets
HEEM
$276M
| $264K | ﹤0.01% |
12,874
-13,150
| -51% | -$268K |
|
2150
Gray Television
GTN
$409M
| $263K | ﹤0.01% |
24,648
-546
| -2% | -$6.44K |
|
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.