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 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$60.1M |
| 2 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$55.9M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$55.5M |
| 4 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$51.1M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
+$34.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$97.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$74.8M |
| 3 |
Vanguard Total Stock Market ETF
VTI
|
+$68.4M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$61.1M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$38.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.18% |
| 2 | Healthcare | 3.17% |
| 3 | Technology | 3.15% |
| 4 | Industrials | 2.53% |
| 5 | Energy | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Mastercard
MA
$477B
| $17.7M | 0.09% |
186,959
+1,879
| +1% | +$172K |
|
202
Kimberly-Clark
KMB
$36.4B
| $17.6M | 0.09% |
163,932
+8,529
| +5% | +$929K |
|
203
BP
BP
$113B
| $17.5M | 0.09% |
522,344
+38,025
| +8% | +$1.33M |
|
204
Cisco
CSCO
$450B
| $17.4M | 0.09% |
640,670
-5,310
| -0.8% | -$152K |
|
205
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.64B
| $17.4M | 0.09% |
369,717
+53,560
| +17% | +$2.6M |
|
206
Vanguard Energy ETF
VDE
$10.1B
| $17.4M | 0.09% |
166,652
+10,774
| +7% | +$1.21M |
|
207
iShares MSCI United Kingdom ETF
EWU
$4.04B
| $17.3M | 0.09% |
479,122
+455,545
| +1,932% | +$17.4M |
|
208
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.75B
| $17.1M | 0.09% |
832,370
-71,125
| -8% | -$1.49M |
|
209
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$293M
| $17.1M | 0.09% |
349,497
-32,998
| -9% | -$1.54M |
|
210
WisdomTree US MidCap Dividend Fund
DON
$4.03B
| $17.1M | 0.09% |
618,276
+34,932
| +6% | +$993K |
|
211
First Trust US Equity Opportunities ETF
FPX
$1.51B
| $17M | 0.09% |
311,102
+60,027
| +24% | +$3.28M |
|
212
WisdomTree US SmallCap Dividend Fund
DES
$2.19B
| $16.9M | 0.09% |
722,415
+13,020
| +2% | +$310K |
|
213
DNP Select Income Fund
DNP
$4.18B
| $16.8M | 0.09% |
1,664,789
-138,541
| -8% | -$1.47M |
|
214
KKR & Co
KKR
$89.2B
| $16.7M | 0.08% |
722,864
-21,917
| -3% | -$504K |
|
215
WisdomTree Japan SmallCap Dividend Fund
DFJ
$385M
| $16.6M | 0.08% |
293,620
-28,477
| -9% | -$1.6M |
|
216
Costco
COST
$415B
| $16.6M | 0.08% |
122,071
-4,112
| -3% | -$591K |
|
217
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.22B
| $16.4M | 0.08% |
252,469
-188,904
| -43% | -$12.8M |
|
218
iShares US Pharmaceuticals ETF
IHE
$1.47B
| $16.4M | 0.08% |
279,255
-5,631
| -2% | -$329K |
|
|
ESRX
219
DELISTED
Express Scripts Holding Company
ESRX
| $16.1M | 0.08% |
183,033
-3,873
| -2% | -$338K |
|
220
iShares US Energy ETF
IYE
$1.74B
| $16.1M | 0.08% |
388,814
-241,859
| -38% | -$10.8M |
|
221
McDonald's
MCD
$188B
| $16M | 0.08% |
167,050
-1,935
| -1% | -$187K |
|
222
Alibaba
BABA
$269B
| $15.7M | 0.08% |
195,621
+28,448
| +17% | +$2.44M |
|
223
Vanguard Consumer Staples ETF
VDC
$7.86B
| $15.7M | 0.08% |
124,322
+7,791
| +7% | +$991K |
|
224
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.02B
| $15.6M | 0.08% |
329,972
-4,628
| -1% | -$219K |
|
225
WisdomTree US MidCap Fund
EZM
$937M
| $15.5M | 0.08% |
493,485
+8,028
| +2% | +$259K |
|
Similar funds
LPL Financial's Q2 2015 Portfolio in Review
As of Q2 2015, LPL Financial held 3,035 positions worth $19.7B, up 0.73% from $19.6B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial's Q2 2015 filing shows 255 new, 1,398 increased, 1,142 reduced and 164 closed positions. Its largest new stake was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M. The largest sale was iShares MBS ETF, an estimated $97.2M.
By sector, the portfolio is most concentrated in Financials at 3.2% of assets, up from 3% a quarter earlier, followed by Healthcare and Technology.
- LPL Financial's largest Q2 2015 buy was Pacer Trendpilot US Large Cap ETF: 489,795 shares worth $12M.
- LPL Financial added most to First Trust Dorsey Wright Focus 5 ETF in Q2 2015, an estimated $60.1M increase.
- LPL Financial's biggest Q2 2015 reduction was iShares MBS ETF, cutting an estimated $97.2M.
- LPL Financial fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $7.53M.
- LPL Financial's ten largest holdings make up 19% of its $19.7B portfolio in Q2 2015.
- LPL Financial opened 255 new positions and closed 164 in Q2 2015.
- LPL Financial's portfolio value rose 0.73% quarter-over-quarter to $19.7B.
Based on LPL Financial's 13F filing for Q2 2015, filed 14 Aug 2015.