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 |
Vanguard Total Bond Market
BND
|
+$275M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$192M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$188M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$131M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$118M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$300M |
| 2 |
iShares MBS ETF
MBB
|
+$280M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$262M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$114M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$95.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.67% |
| 3 | Financials | 2.58% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Rithm Capital
RITM
$5.46B
| $421K | ﹤0.01% |
36,876
-28,394
| -44% | -$315K |
|
|
RMT
2252
Royce Micro-Cap Trust
RMT
$728M
| $421K | ﹤0.01% |
61,334
-1,460
| -2% | -$9.68K |
|
2253
AngloGold Ashanti
AU
$39B
| $420K | ﹤0.01% |
30,532
-6,160
| -17% | -$66.7K |
|
|
JNS
2254
DELISTED
Janus Capital Group Inc
JNS
| $420K | ﹤0.01% |
29,566
-1,586
| -5% | -$20.6K |
|
2255
Ally Financial
ALLY
$13.5B
| $419K | ﹤0.01% |
23,916
-904
| -4% | -$15.6K |
|
2256
CBRE Group
CBRE
$44.1B
| $419K | ﹤0.01% |
14,505
-2,717
| -16% | -$74.8K |
|
|
SAVE
2257
DELISTED
Spirit Airlines, Inc.
SAVE
| $419K | ﹤0.01% |
8,968
-1,576
| -15% | -$70.5K |
|
2258
Kirby Corp
KEX
$7.3B
| $418K | ﹤0.01% |
6,948
+28
| +0.4% | +$1.53K |
|
|
SBI
2259
Western Asset Intermediate Muni Fund
SBI
$108M
| $418K | ﹤0.01% |
39,665
+9,169
| +30% | +$95.4K |
|
|
CVLY
2260
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $418K | ﹤0.01% |
24,825
-1,571
| -6% | -$26.2K |
|
2261
Home BancShares
HOMB
$6.32B
| $417K | ﹤0.01% |
+20,882
| New | +$410K |
|
|
KHI
2262
DELISTED
Deutsche High Income Trust
KHI
| $417K | ﹤0.01% |
49,558
-88,505
| -64% | -$710K |
|
|
CSR
2263
Centerspace
CSR
$941M
| $416K | ﹤0.01% |
5,806
-379
| -6% | -$24.9K |
|
|
CHK.PRD
2264
DELISTED
Chesapeake Energy Corp. 4.5% Cum. Cnvrtbl. Prfrd. Stock
CHK.PRD
| $416K | ﹤0.01% |
24,158
+2,110
| +10% | +$33.6K |
|
|
GF
2265
New Germany Fund
GF
$184M
| $415K | ﹤0.01% |
30,326
-1,166
| -4% | -$15.5K |
|
2266
International Flavors & Fragrances
IFF
$19.9B
| $415K | ﹤0.01% |
3,627
-88
| -2% | -$9.84K |
|
2267
State Street SPDR S&P Global Dividend ETF
WDIV
$278M
| $415K | ﹤0.01% |
7,021
-961
| -12% | -$54K |
|
|
BOI
2268
DELISTED
Brookfield Mtge Opportunity Fd
BOI
| $415K | ﹤0.01% |
28,256
-1,070
| -4% | -$15.6K |
|
2269
Lennox International
LII
$15.3B
| $414K | ﹤0.01% |
3,041
-774
| -20% | -$95.8K |
|
2270
El Pollo Loco
LOCO
$505M
| $414K | ﹤0.01% |
31,812
+4,132
| +15% | +$52K |
|
|
OXLC
2271
Oxford Lane Capital
OXLC
$863M
| $414K | ﹤0.01% |
9,441
+981
| +12% | +$41.8K |
|
|
SBR
2272
Sabine Royalty Trust
SBR
$1.07B
| $414K | ﹤0.01% |
13,822
+158
| +1% | +$4.79K |
|
|
DOC
2273
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $414K | ﹤0.01% |
22,408
+5,208
| +30% | +$89.8K |
|
2274
National Fuel Gas
NFG
$7.71B
| $413K | ﹤0.01% |
8,622
-5,800
| -40% | -$267K |
|
|
MIW
2275
DELISTED
Eaton Vance Michigan Municipal Bond Fund
MIW
| $413K | ﹤0.01% |
27,295
+1,475
| +6% | +$20.9K |
|
Similar funds
LPL Financial's Q1 2016 Portfolio in Review
As of Q1 2016, LPL Financial held 3,343 positions worth $35.9B, down 0.34% from $36.1B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2016 filing shows 182 new, 1,288 increased, 1,485 reduced and 239 closed positions. Its largest new stake was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M. The largest sale was Invesco QQQ Trust, an estimated $300M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 2.9% a quarter earlier, followed by Technology and Financials.
- LPL Financial's largest Q1 2016 buy was Pacer Trendpilot European Index ETF: 322,758 shares worth $8.07M.
- LPL Financial added most to Vanguard Total Bond Market in Q1 2016, an estimated $275M increase.
- LPL Financial's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $300M.
- LPL Financial fully exited WisdomTree Japan Hedged Health Care Fund in Q1 2016, selling an estimated $11.5M.
- LPL Financial's ten largest holdings make up 22% of its $35.9B portfolio in Q1 2016.
- LPL Financial opened 182 new positions and closed 239 in Q1 2016.
- LPL Financial's portfolio value fell 0.34% quarter-over-quarter to $35.9B.
Based on LPL Financial's 13F filing for Q1 2016, filed 16 May 2016.