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 | |
|---|---|---|---|---|---|---|
2176
Old National Bancorp
ONB
$10.1B
| $257K | ﹤0.01% |
21,128
-266
| -1% | -$3.37K |
|
|
EV
2177
DELISTED
Eaton Vance Corp.
EV
| $257K | ﹤0.01% |
+7,390
| New | +$259K |
|
|
HGEU
2178
DELISTED
ProShares Hedged FTSE Europe ETF
HGEU
| $257K | ﹤0.01% |
+7,550
| New | +$268K |
|
2179
Arista Networks
ANET
$215B
| $256K | ﹤0.01% |
63,392
-75,584
| -54% | -$321K |
|
2180
BlackRock MuniHoldings Fund
MHD
$599M
| $256K | ﹤0.01% |
13,479
-10,097
| -43% | -$186K |
|
2181
Golar LNG
GLNG
$4.99B
| $255K | ﹤0.01% |
16,335
-16,335
| -50% | -$291K |
|
|
MFM
2182
Aberdeen Municipal Income Fund
MFM
$222M
| $255K | ﹤0.01% |
34,051
-17,607
| -34% | -$129K |
|
2183
Southwest Gas
SWX
$6.66B
| $255K | ﹤0.01% |
3,279
-6,072
| -65% | -$420K |
|
|
TLP
2184
DELISTED
Transmontaigne
TLP
| $255K | ﹤0.01% |
6,202
-6,203
| -50% | -$245K |
|
|
ARMH
2185
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $255K | ﹤0.01% |
5,848
-880
| -13% | -$37.1K |
|
2186
BHP
BHP
$213B
| $254K | ﹤0.01% |
9,952
-54,547
| -85% | -$1.36M |
|
|
AHL
2187
DELISTED
ASPEN Insurance Holding Limited
AHL
| $254K | ﹤0.01% |
+5,631
| New | +$263K |
|
2188
Global Net Lease
GNL
$1.87B
| $253K | ﹤0.01% |
10,734
-26,471
| -71% | -$669K |
|
2189
Louisiana-Pacific
LPX
$5.19B
| $253K | ﹤0.01% |
14,286
-8,286
| -37% | -$146K |
|
2190
RB Global
RBA
$21.7B
| $253K | ﹤0.01% |
7,491
-1,782
| -19% | -$55.2K |
|
2191
Unum
UNM
$13.8B
| $253K | ﹤0.01% |
8,157
-4,154
| -34% | -$140K |
|
|
BABS
2192
DELISTED
SPDR NUVEEN BARCLAYS BUILD AMERICA BOND ETF
BABS
| $253K | ﹤0.01% |
3,728
-342
| -8% | -$21.9K |
|
|
IPS
2193
DELISTED
SPDR S&P International Consumer Staples Sector
IPS
| $253K | ﹤0.01% |
5,773
-8,097
| -58% | -$348K |
|
2194
G-III Apparel Group
GIII
$1.52B
| $252K | ﹤0.01% |
5,511
-1,469
| -21% | -$63.4K |
|
|
WPS
2195
DELISTED
iShares International Developed Property ETF
WPS
| $251K | ﹤0.01% |
6,937
-6,261
| -47% | -$231K |
|
|
RBS.PRL.CL
2196
DELISTED
Royal Bank Of Scotland Group Plc
RBS.PRL.CL
| $251K | ﹤0.01% |
10,143
-9,943
| -50% | -$244K |
|
|
DNY
2197
DELISTED
DONNELLEY R R & SONS CO
DNY
| $251K | ﹤0.01% |
15,004
-13,529
| -47% | -$226K |
|
2198
Middlesex Water
MSEX
$1.05B
| $250K | ﹤0.01% |
5,811
-2,589
| -31% | -$95.8K |
|
2199
NRG Energy
NRG
$28.8B
| $250K | ﹤0.01% |
17,094
-14,546
| -46% | -$216K |
|
|
SYNT
2200
DELISTED
Syntel Inc
SYNT
| $250K | ﹤0.01% |
5,507
-1,544
| -22% | -$69.7K |
|
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.