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
|
+$222M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$58.9M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$46.3M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$34.4M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$30.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$93.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$75.7M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$47.2M |
| 4 |
iShares Gold Trust
IAU
|
+$46.7M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$44.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.15% |
| 2 | Financials | 3.12% |
| 3 | Technology | 3.04% |
| 4 | Industrials | 2.56% |
| 5 | Consumer Staples | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2276
Seaboard Corp
SEB
$4.39B
| $264K | ﹤0.01% |
86
+6
| +8% | +$20K |
|
2277
Hilltop Holdings
HTH
$2.26B
| $263K | ﹤0.01% |
12,901
+138
| +1% | +$2.95K |
|
2278
Huntsman Corp
HUN
$2.1B
| $263K | ﹤0.01% |
23,159
-33,154
| -59% | -$571K |
|
2279
Jabil
JBL
$30.1B
| $263K | ﹤0.01% |
11,690
-304
| -3% | -$6.04K |
|
2280
Xylem
XYL
$28.5B
| $263K | ﹤0.01% |
7,870
+648
| +9% | +$21.8K |
|
|
TCS
2281
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $263K | ﹤0.01% |
1,126
-20
| -2% | -$5.07K |
|
2282
Boston Beer
SAM
$1.95B
| $262K | ﹤0.01% |
1,194
+115
| +11% | +$25.4K |
|
|
AIF
2283
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $262K | ﹤0.01% |
18,100
-1,050
| -5% | -$16K |
|
|
EDI
2284
DELISTED
Virtus Stone Harbor Emerging Markets Total Income Fund
EDI
| $262K | ﹤0.01% |
22,639
-43,874
| -66% | -$554K |
|
|
ACC
2285
DELISTED
American Campus Communities, Inc.
ACC
| $262K | ﹤0.01% |
7,115
-25
| -0.4% | -$912 |
|
2286
LG Display
LPL
$2.79B
| $261K | ﹤0.01% |
26,748
+866
| +3% | +$8.7K |
|
|
PAY
2287
DELISTED
Verifone Systems Inc
PAY
| $261K | ﹤0.01% |
8,949
-5,600
| -38% | -$175K |
|
2288
Skywest
SKYW
$4.35B
| $260K | ﹤0.01% |
14,889
+1,034
| +7% | +$16.6K |
|
|
FIG
2289
DELISTED
Fortress Investment Group Llc
FIG
| $260K | ﹤0.01% |
45,300
-5,818
| -11% | -$36.7K |
|
2290
Mercury Insurance
MCY
$6B
| $259K | ﹤0.01% |
5,154
-4,560
| -47% | -$244K |
|
|
TEN
2291
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $259K | ﹤0.01% |
5,405
-134
| -2% | -$6.54K |
|
|
CAPD
2292
DELISTED
iPath Shiller CAPE ETN
CAPD
| $259K | ﹤0.01% |
33,820
-2,400
| -7% | -$18.7K |
|
|
ISBC
2293
DELISTED
Investors Bancorp, Inc.
ISBC
| $259K | ﹤0.01% |
20,934
+1,520
| +8% | +$18.5K |
|
|
MCI
2294
Barings Corporate Investors
MCI
$345M
| $258K | ﹤0.01% |
15,740
+982
| +7% | +$15.9K |
|
2295
Brinker International
EAT
$8.82B
| $257K | ﹤0.01% |
4,901
+114
| +2% | +$6.35K |
|
2296
HDFC Bank
HDB
$123B
| $257K | ﹤0.01% |
+15,928
| New | +$240K |
|
2297
Sturm, Ruger & Co
RGR
$603M
| $257K | ﹤0.01% |
4,439
-243
| -5% | -$14.6K |
|
|
MEG
2298
DELISTED
Media General, Inc
MEG
| $257K | ﹤0.01% |
18,363
+3,814
| +26% | +$51.8K |
|
|
GPM
2299
DELISTED
Guggenheim Enhanced Equity Income Fund
GPM
| $257K | ﹤0.01% |
34,711
+2,611
| +8% | +$20.7K |
|
2300
Cornerstone Strategic Value Fund
CLM
$2.16B
| $256K | ﹤0.01% |
15,887
-9,105
| -36% | -$163K |
|
Similar funds
LPL Financial's Q3 2015 Portfolio in Review
As of Q3 2015, LPL Financial held 3,027 positions worth $18.2B, down 7.9% from $19.7B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial withdrew a net $644M in Q3 2015, closing 241 positions and reducing 1,426 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $47.2M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 3.2% a quarter earlier, followed by Financials and Technology.
Against the trend, LPL Financial opened a new position in Kraft Heinz worth $12.4M.
- LPL Financial's largest Q3 2015 buy was Kraft Heinz: 171,423 shares worth $12.4M.
- LPL Financial added most to iShares MBS ETF in Q3 2015, an estimated $222M increase.
- LPL Financial's biggest Q3 2015 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $93.5M.
- LPL Financial fully exited Alphabet (Google) Class C in Q3 2015, selling an estimated $47.2M.
- LPL Financial's ten largest holdings make up 20% of its $18.2B portfolio in Q3 2015.
- LPL Financial opened 157 new positions and closed 241 in Q3 2015.
- LPL Financial's portfolio value fell 7.9% quarter-over-quarter to $18.2B.
Based on LPL Financial's 13F filing for Q3 2015, filed 13 Nov 2015.