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 | |
|---|---|---|---|---|---|---|
|
CNR
2351
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $203K | ﹤0.01% |
+12,627
| New | +$194K |
|
|
ANSS
2352
DELISTED
Ansys
ANSS
| $202K | ﹤0.01% |
2,261
-1,646
| -42% | -$145K |
|
2353
Buckle
BKE
$2.25B
| $202K | ﹤0.01% |
7,846
-5,192
| -40% | -$140K |
|
2354
Invesco Mortgage Capital
IVR
$762M
| $202K | ﹤0.01% |
1,473
-1,111
| -43% | -$150K |
|
2355
Fidelity MSCI Energy Index ETF
FENY
$1.97B
| $201K | ﹤0.01% |
10,438
-14,636
| -58% | -$274K |
|
2356
Gladstone Investment Corp
GAIN
$648M
| $201K | ﹤0.01% |
27,430
-7,871
| -22% | -$54.9K |
|
2357
iShares Core US REIT ETF
USRT
$4.73B
| $201K | ﹤0.01% |
3,841
-2,723
| -41% | -$134K |
|
|
PWE
2358
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $201K | ﹤0.01% |
137,722
-142,722
| -51% | -$142K |
|
|
CCX
2359
DELISTED
WISDOMTREE COMMODITY CURRENCY STRATEGY FUND
CCX
| $201K | ﹤0.01% |
12,066
-16,040
| -57% | -$262K |
|
|
DST
2360
DELISTED
DST Systems Inc.
DST
| $201K | ﹤0.01% |
+3,424
| New | +$201K |
|
2361
Community Health Systems
CYH
$383M
| $200K | ﹤0.01% |
16,699
-20,177
| -55% | -$296K |
|
|
CNSL
2362
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $200K | ﹤0.01% |
7,179
-9,217
| -56% | -$229K |
|
|
CVLY
2363
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $200K | ﹤0.01% |
11,749
-13,076
| -53% | -$224K |
|
|
SIRE
2364
DELISTED
Sisecam Resources LP
SIRE
| $200K | ﹤0.01% |
6,597
-3,975
| -38% | -$112K |
|
|
RBS.PRS.CL
2365
DELISTED
The Royal Bank Of Scotland Group
RBS.PRS.CL
| $200K | ﹤0.01% |
+8,000
| New | +$201K |
|
|
OA
2366
DELISTED
Orbital ATK, Inc.
OA
| $200K | ﹤0.01% |
2,402
-4,062
| -63% | -$354K |
|
|
BIK
2367
DELISTED
SPDR S&P BRIC 40 ETF
BIK
| $200K | ﹤0.01% |
10,569
-8,473
| -44% | -$157K |
|
2368
Global X MLP ETF
MLPA
$2.25B
| $199K | ﹤0.01% |
2,901
-1,297
| -31% | -$84.7K |
|
2369
Cambria Global Value ETF
GVAL
$574M
| $198K | ﹤0.01% |
11,049
-6,439
| -37% | -$120K |
|
|
AKS
2370
DELISTED
AK Steel Holding Corp
AKS
| $198K | ﹤0.01% |
42,610
-97,510
| -70% | -$428K |
|
|
CSR
2371
Centerspace
CSR
$937M
| $197K | ﹤0.01% |
3,123
-2,683
| -46% | -$174K |
|
|
VTLE
2372
DELISTED
Vital Energy
VTLE
| $197K | ﹤0.01% |
925
-925
| -50% | -$204K |
|
2373
BlackRock TCP Capital
TCPC
$265M
| $196K | ﹤0.01% |
12,672
-12,572
| -50% | -$185K |
|
|
GF
2374
New Germany Fund
GF
$183M
| $194K | ﹤0.01% |
15,163
-15,163
| -50% | -$209K |
|
2375
Rithm Capital
RITM
$5.15B
| $193K | ﹤0.01% |
14,810
-22,066
| -60% | -$283K |
|
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.