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 Core S&P Small-Cap ETF
IJR
|
+$76.6M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$48M |
| 3 |
iShares MSCI Pacific ex Japan ETF
EPP
|
+$29M |
| 4 |
Invesco BuyBack Achievers ETF
PKW
|
+$26.6M |
| 5 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$24.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$99.8M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$57.6M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$38.2M |
| 4 |
iShares MSCI Japan ETF
EWJ
|
+$28.9M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$21.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.21% |
| 2 | Energy | 2.95% |
| 3 | Financials | 2.95% |
| 4 | Healthcare | 2.81% |
| 5 | Industrials | 2.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
WisdomTree US MidCap Fund
EZM
$937M
| $14.9M | 0.09% |
516,723
+23,613
| +5% | +$652K |
|
202
Cisco
CSCO
$450B
| $14.8M | 0.09% |
660,107
-158,829
| -19% | -$3.51M |
|
203
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.88B
| $14.8M | 0.09% |
289,174
-37,330
| -11% | -$1.94M |
|
204
Union Pacific
UNP
$183B
| $14.7M | 0.09% |
174,860
+6,644
| +4% | +$526K |
|
|
NCV
205
Virtus Convertible & Income Fund
NCV
$374M
| $14.6M | 0.09% |
377,042
-4,607
| -1% | -$177K |
|
206
Invesco Zacks Multi-Asset Income ETF
CVY
$123M
| $14.5M | 0.09% |
583,720
-6,090
| -1% | -$149K |
|
207
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$429M
| $14.1M | 0.09% |
677,537
+109,252
| +19% | +$2.28M |
|
208
Dominion Energy
D
$62.5B
| $14.1M | 0.09% |
217,963
+28,533
| +15% | +$1.84M |
|
|
ESRX
209
DELISTED
Express Scripts Holding Company
ESRX
| $14M | 0.09% |
199,852
-1,353
| -0.7% | -$88.4K |
|
210
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.64B
| $13.9M | 0.09% |
297,522
+58,854
| +25% | +$2.71M |
|
211
Vanguard Consumer Staples ETF
VDC
$7.86B
| $13.8M | 0.09% |
125,820
-22,581
| -15% | -$2.47M |
|
212
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $13.6M | 0.09% |
125,947
-102,886
| -45% | -$11.2M |
|
213
Eli Lilly
LLY
$1.07T
| $13.6M | 0.08% |
266,077
-11,762
| -4% | -$589K |
|
214
Vanguard Extended Market ETF
VXF
$30.3B
| $13.4M | 0.08% |
162,501
+26,786
| +20% | +$2.14M |
|
215
CVS Health
CVS
$137B
| $13.3M | 0.08% |
186,129
+9,112
| +5% | +$585K |
|
216
3D Systems Corp
DDD
$420M
| $13.3M | 0.08% |
143,337
+79,075
| +123% | +$5.54M |
|
217
iShares US Energy ETF
IYE
$1.74B
| $13.3M | 0.08% |
263,550
-24,028
| -8% | -$1.18M |
|
218
Southern Company
SO
$110B
| $13.3M | 0.08% |
322,356
-48,218
| -13% | -$1.99M |
|
219
State Street SPDR S&P Biotech ETF
XBI
$10.1B
| $13.2M | 0.08% |
303,747
-73,104
| -19% | -$3.03M |
|
220
BP
BP
$113B
| $13.2M | 0.08% |
330,822
+28,316
| +9% | +$1.05M |
|
221
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.72B
| $13.1M | 0.08% |
599,362
+8,360
| +1% | +$180K |
|
222
ProShares VIX Short-Term Futures ETF
VIXY
$211M
| $13M | 0.08% |
285
+239
| +520% | +$12.8M |
|
|
AMJ
223
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $12.9M | 0.08% |
277,691
-18,819
| -6% | -$849K |
|
224
VanEck Gold Miners ETF
GDX
$23B
| $12.7M | 0.08% |
600,863
+7,084
| +1% | +$164K |
|
225
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.1B
| $12.7M | 0.08% |
773,330
+13,005
| +2% | +$200K |
|
Similar funds
LPL Financial's Q4 2013 Portfolio in Review
As of Q4 2013, LPL Financial held 2,780 positions worth $16B, up 6.6% from $15B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial's Q4 2013 filing shows 245 new, 1,314 increased, 1,020 reduced and 136 closed positions. Its largest new stake was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M. The largest sale was iShares MBS ETF, an estimated $99.8M.
By sector, the portfolio is most concentrated in Technology at 3.2% of assets, up from 3% a quarter earlier, followed by Energy and Financials.
- LPL Financial's largest Q4 2013 buy was COLUMBIA PROPERTY TRUST, INC.: 364,765 shares worth $9.12M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q4 2013, an estimated $76.6M increase.
- LPL Financial's biggest Q4 2013 reduction was iShares MBS ETF, cutting an estimated $99.8M.
- LPL Financial fully exited GUGGENGEIM BULLETSHARES 2013 HIGH YIELD CORPORATE BOND ETF in Q4 2013, selling an estimated $3.64M.
- LPL Financial's ten largest holdings make up 21% of its $16B portfolio in Q4 2013.
- LPL Financial opened 245 new positions and closed 136 in Q4 2013.
- LPL Financial's portfolio value rose 6.6% quarter-over-quarter to $16B.
Based on LPL Financial's 13F filing for Q4 2013, filed 13 Feb 2014.