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 S&P Mid-Cap 400 Value ETF
IJJ
|
+$19.2M |
| 2 |
MLPI
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$15.3M |
| 3 |
Vanguard S&P 500 Value ETF
VOOV
|
+$12.3M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$11.2M |
| 5 |
DWIN
Invesco DWA Tactical Multi-Asset Income ETF
DWIN
|
+$9.33M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.07B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$878M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$829M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$809M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$564M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.4% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
Coeur Mining
CDE
$15.8B
| $210K | ﹤0.01% |
17,210
+6,426
| +60% | +$50.5K |
|
2327
Cinemark Holdings
CNK
$3.93B
| $210K | ﹤0.01% |
+5,915
| New | +$207K |
|
2328
iShares US & Intl High Yield Corp Bond ETF
GHYG
$193M
| $210K | ﹤0.01% |
4,408
-10,425
| -70% | -$493K |
|
2329
SL Green Realty
SLG
$3.83B
| $210K | ﹤0.01% |
2,101
-3,931
| -65% | -$387K |
|
2330
Snap-on
SNA
$21.1B
| $209K | ﹤0.01% |
1,328
-26,482
| -95% | -$4.2M |
|
|
OPPJ
2331
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$279M
| $208K | ﹤0.01% |
14,864
-37,844
| -72% | -$574K |
|
2332
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.03B
| $208K | ﹤0.01% |
3,994
-3,795
| -49% | -$182K |
|
2333
ProShares Ultra Technology
ROM
$1.11B
| $208K | ﹤0.01% |
44,880
-93,648
| -68% | -$441K |
|
2334
Compañía de Minas Buenaventura
BVN
$8.06B
| $207K | ﹤0.01% |
+16,101
| New | +$156K |
|
2335
eBay
EBAY
$50.3B
| $207K | ﹤0.01% |
8,676
-41,822
| -83% | -$1.01M |
|
2336
Seaboard Corp
SEB
$4.42B
| $207K | ﹤0.01% |
73
-83
| -53% | -$244K |
|
2337
Invesco Pennsylvania Value Municipal Income Trust
VPV
$194M
| $207K | ﹤0.01% |
14,383
-14,316
| -50% | -$201K |
|
2338
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$482M
| $206K | ﹤0.01% |
5,940
-54,360
| -90% | -$1.92M |
|
2339
Maximus
MMS
$3.2B
| $206K | ﹤0.01% |
3,720
-21,780
| -85% | -$1.17M |
|
|
CEW
2340
WisdomTree Emerging Currency Strategy Fund
CEW
$15.6M
| $205K | ﹤0.01% |
11,600
-15,894
| -58% | -$280K |
|
2341
Clean Harbors
CLH
$15.9B
| $205K | ﹤0.01% |
3,931
-3,454
| -47% | -$173K |
|
2342
Guidewire Software
GWRE
$12.4B
| $205K | ﹤0.01% |
+3,324
| New | +$192K |
|
|
HECO
2343
DELISTED
Strategy Shares EcoLogical Strategy ETF
HECO
| $205K | ﹤0.01% |
5,649
-5,649
| -50% | -$201K |
|
|
LVL
2344
DELISTED
Invesco S&P Global Dividend Opportunities Index ETF
LVL
| $205K | ﹤0.01% |
22,011
-21,869
| -50% | -$206K |
|
|
HERZ
2345
Herzfeld Credit Income Fund
HERZ
$32.5M
| $204K | ﹤0.01% |
4,318
-4,227
| -49% | -$214K |
|
2346
Qorvo
QRVO
$7.92B
| $204K | ﹤0.01% |
3,775
-32,155
| -89% | -$1.61M |
|
|
POLY
2347
DELISTED
Plantronics, Inc.
POLY
| $204K | ﹤0.01% |
+4,778
| New | +$199K |
|
2348
Avanos Medical
AVNS
$1.17B
| $203K | ﹤0.01% |
6,117
-7,975
| -57% | -$244K |
|
2349
EnerSys
ENS
$6.94B
| $203K | ﹤0.01% |
3,334
-2,668
| -44% | -$157K |
|
2350
Hecla Mining
HL
$10.2B
| $203K | ﹤0.01% |
35,170
-28,538
| -45% | -$115K |
|
Similar funds
LPL Financial's Q2 2016 Portfolio in Review
As of Q2 2016, LPL Financial held 3,304 positions worth $11.8B, down 67% from $35.9B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
LPL Financial withdrew a net $24.9B in Q2 2016, closing 680 positions and reducing 2,172 holdings. Its most notable exit was iShares Gold Trust, an estimated $144M position sold in full.
By sector, the portfolio is most concentrated in Financials at 2.3% of assets, down from 2.6% a quarter earlier, followed by Healthcare and Technology.
Against the trend, LPL Financial opened a new position in Xtrackers MSCI All World ex US Hedged Equity ETF worth $3.23M.
- LPL Financial's largest Q2 2016 buy was Xtrackers MSCI All World ex US Hedged Equity ETF: 150,365 shares worth $3.23M.
- LPL Financial added most to iShares S&P Mid-Cap 400 Value ETF in Q2 2016, an estimated $19.2M increase.
- LPL Financial's biggest Q2 2016 reduction was Vanguard Total Bond Market, cutting an estimated $1.07B.
- LPL Financial fully exited iShares Gold Trust in Q2 2016, selling an estimated $144M.
- LPL Financial's ten largest holdings make up 24% of its $11.8B portfolio in Q2 2016.
- LPL Financial opened 202 new positions and closed 680 in Q2 2016.
- LPL Financial's portfolio value fell 67% quarter-over-quarter to $11.8B.
Based on LPL Financial's 13F filing for Q2 2016, filed 15 Aug 2016.