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 | |
|---|---|---|---|---|---|---|
2301
Methode Electronics
MEI
$458M
| $255K | ﹤0.01% |
7,686
-11,350
| -60% | -$320K |
|
2302
Steel Dynamics
STLD
$36.4B
| $255K | ﹤0.01% |
14,038
+100
| +0.7% | +$1.94K |
|
|
TBI
2303
Trueblue
TBI
$227M
| $255K | ﹤0.01% |
10,942
+654
| +6% | +$16.8K |
|
|
NBD
2304
DELISTED
Nuveen Build Am Bond Opp Fd
NBD
| $255K | ﹤0.01% |
13,084
+613
| +5% | +$12.1K |
|
2305
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$471M
| $254K | ﹤0.01% |
11,138
-1,134
| -9% | -$26.8K |
|
|
LVL
2306
DELISTED
Invesco S&P Global Dividend Opportunities Index ETF
LVL
| $254K | ﹤0.01% |
27,626
-5,466
| -17% | -$53.7K |
|
2307
Hancock Whitney
HWC
$6.19B
| $253K | ﹤0.01% |
9,217
+1,161
| +14% | +$33K |
|
2308
Minerals Technologies
MTX
$2.29B
| $253K | ﹤0.01% |
5,011
+1,273
| +34% | +$73.5K |
|
2309
Cohen & Steers Select Preferred & Income Fund
PSF
$233M
| $253K | ﹤0.01% |
10,748
-587
| -5% | -$14.1K |
|
|
SCS
2310
DELISTED
Steelcase
SCS
| $253K | ﹤0.01% |
+13,260
| New | +$238K |
|
2311
Thor Industries
THO
$4.06B
| $253K | ﹤0.01% |
4,755
+195
| +4% | +$10.7K |
|
|
AKP
2312
DELISTED
Alliance Californa Muni Fd
AKP
| $253K | ﹤0.01% |
18,274
| – | – |
|
|
CCX
2313
DELISTED
WISDOMTREE COMMODITY CURRENCY STRATEGY FUND
CCX
| $253K | ﹤0.01% |
16,303
-10,716
| -40% | -$170K |
|
2314
ATI
ATI
$24.3B
| $252K | ﹤0.01% |
15,811
+1,034
| +7% | +$21.4K |
|
|
AHT.PRE
2315
DELISTED
ASHFORD HOSPITALITY TR INC 9.00% CUM PFD SER E
AHT.PRE
| $252K | ﹤0.01% |
9,792
+34
| +0.3% | +$893 |
|
2316
Energizer
ENR
$1.47B
| $251K | ﹤0.01% |
5,999
-741
| -11% | -$29.7K |
|
2317
Oshkosh
OSK
$8.91B
| $251K | ﹤0.01% |
+6,441
| New | +$251K |
|
|
JPMV
2318
DELISTED
iShares Edge MSCI Min Vol Japan ETF
JPMV
| $251K | ﹤0.01% |
+4,525
| New | +$254K |
|
|
SGF
2319
DELISTED
Aberdeen Singapore Fund
SGF
| $251K | ﹤0.01% |
28,738
-4,002
| -12% | -$39.5K |
|
2320
Herc Holdings
HRI
$4.78B
| $250K | ﹤0.01% |
4,559
-666
| -13% | -$34.9K |
|
2321
Revvity
RVTY
$12.6B
| $250K | ﹤0.01% |
5,332
-4,395
| -45% | -$218K |
|
2322
W.R. Berkley
WRB
$28.1B
| $250K | ﹤0.01% |
15,559
-2,261
| -13% | -$37K |
|
2323
Louisiana-Pacific
LPX
$5.14B
| $249K | ﹤0.01% |
16,051
+2,769
| +21% | +$44K |
|
2324
Prudential
PUK
$36.4B
| $249K | ﹤0.01% |
5,673
-16,890
| -75% | -$751K |
|
2325
iShares MSCI Global Gold Miners ETF
RING
$2.26B
| $249K | ﹤0.01% |
21,174
+932
| +5% | +$10.7K |
|
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.