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
|
+$122M |
| 2 |
iShares S&P Mid-Cap 400 Growth ETF
IJK
|
+$102M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$91.9M |
| 4 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$82.5M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$73.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$204M |
| 2 |
iShares S&P 500 Value ETF
IVE
|
+$91.1M |
| 3 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$56.8M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$39.5M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.11% |
| 2 | Healthcare | 3.02% |
| 3 | Financials | 3.02% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
WisdomTree Japan SmallCap Dividend Fund
DFJ
$385M
| $17.4M | 0.09% |
322,097
-81,059
| -20% | -$4.17M |
|
202
KKR & Co
KKR
$89.2B
| $17.2M | 0.09% |
744,781
+71,044
| +11% | +$1.68M |
|
203
Healthcare Realty
HR
$7.42B
| $17.2M | 0.09% |
611,858
-49,588
| -7% | -$1.39M |
|
204
iShares US Consumer Staples ETF
IYK
$1.39B
| $17.2M | 0.09% |
488,727
-179,265
| -27% | -$6.29M |
|
205
WisdomTree Emerging Markets Local Debt Fund
ELD
$140M
| $17.1M | 0.09% |
427,955
-69,408
| -14% | -$2.83M |
|
206
Vanguard Energy ETF
VDE
$10.1B
| $17.1M | 0.09% |
155,878
+71,051
| +84% | +$7.76M |
|
207
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $17M | 0.09% |
709,395
+28,491
| +4% | +$670K |
|
208
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.37B
| $16.9M | 0.09% |
514,438
+162,732
| +46% | +$5.37M |
|
209
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.31B
| $16.7M | 0.09% |
346,502
+62,092
| +22% | +$2.95M |
|
210
WisdomTree US MidCap Dividend Fund
DON
$4.03B
| $16.7M | 0.09% |
583,344
+58,458
| +11% | +$1.66M |
|
211
Kimberly-Clark
KMB
$36.4B
| $16.6M | 0.08% |
155,403
+4,528
| +3% | +$500K |
|
212
VanEck High Yield Muni ETF
HYD
$4.44B
| $16.4M | 0.08% |
262,354
+48,071
| +22% | +$3M |
|
|
SRV
213
NXG Cushing Midstream Energy Fund
SRV
$232M
| $16.3M | 0.08% |
199,982
-50,168
| -20% | -$4.66M |
|
214
McDonald's
MCD
$188B
| $16.3M | 0.08% |
168,985
-38,419
| -19% | -$3.65M |
|
215
iShares US Pharmaceuticals ETF
IHE
$1.47B
| $16.2M | 0.08% |
284,886
+101,166
| +55% | +$5.53M |
|
216
Mastercard
MA
$477B
| $16.1M | 0.08% |
185,080
+7,424
| +4% | +$644K |
|
217
BP
BP
$113B
| $15.9M | 0.08% |
484,319
+34,418
| +8% | +$1.13M |
|
218
ProShares Ultra S&P500
SSO
$7.71B
| $15.9M | 0.08% |
1,976,880
-190,912
| -9% | -$1.54M |
|
|
KRFT
219
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $15.9M | 0.08% |
174,844
-4,858
| -3% | -$321K |
|
220
iShares Dow Jones US ETF
IYY
$2.92B
| $15.9M | 0.08% |
304,330
+103,088
| +51% | +$5.37M |
|
221
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.02B
| $15.8M | 0.08% |
334,600
+41,192
| +14% | +$1.87M |
|
|
ESRX
222
DELISTED
Express Scripts Holding Company
ESRX
| $15.7M | 0.08% |
186,906
-18,197
| -9% | -$1.53M |
|
223
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$293M
| $15.6M | 0.08% |
382,495
+36,720
| +11% | +$1.57M |
|
224
WisdomTree US MidCap Fund
EZM
$937M
| $15.6M | 0.08% |
485,457
+1,689
| +0.3% | +$52.7K |
|
225
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.5B
| $15.6M | 0.08% |
603,474
+419,664
| +228% | +$10.8M |
|
Similar funds
LPL Financial's Q1 2015 Portfolio in Review
As of Q1 2015, LPL Financial held 2,944 positions worth $19.6B, up 7.2% from $18.3B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $1.03B of net new capital in Q1 2015, opening 222 new positions and adding to 1,353 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.2% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $204M trimmed.
- LPL Financial's largest Q1 2015 buy was iShares Currency Hedged MSCI Eurozone ETF: 670,641 shares worth $19.7M.
- LPL Financial added most to iShares MBS ETF in Q1 2015, an estimated $122M increase.
- LPL Financial's biggest Q1 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $204M.
- LPL Financial fully exited Allergan Inc in Q1 2015, selling an estimated $9.23M.
- LPL Financial's ten largest holdings make up 21% of its $19.6B portfolio in Q1 2015.
- LPL Financial opened 222 new positions and closed 165 in Q1 2015.
- LPL Financial's portfolio value rose 7.2% quarter-over-quarter to $19.6B.
Based on LPL Financial's 13F filing for Q1 2015, filed 14 May 2015.