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 | |
|---|---|---|---|---|---|---|
|
ENY
2451
DELISTED
Invesco Canadian Energy Income ETF
ENY
| $125K | ﹤0.01% |
14,828
-1,550
| -9% | -$12.7K |
|
|
GDF
2452
DELISTED
WESTERN ASSET GLB PARTNERS INCM FUND INC. COM
GDF
| $125K | ﹤0.01% |
14,407
-20,951
| -59% | -$174K |
|
2453
BGC Group
BGC
$5.57B
| $124K | ﹤0.01% |
23,317
-18,030
| -44% | -$105K |
|
|
MLPJ
2454
DELISTED
Global X Junior MLP ETF
MLPJ
| $123K | ﹤0.01% |
15,189
-15,289
| -50% | -$118K |
|
2455
Calumet Specialty Products
CLMT
$3.53B
| $122K | ﹤0.01% |
26,828
-38,069
| -59% | -$216K |
|
|
CBL
2456
DELISTED
CBL& Associates Properties, Inc.
CBL
| $122K | ﹤0.01% |
12,508
-33,980
| -73% | -$367K |
|
2457
BlackBerry
BB
$4.9B
| $121K | ﹤0.01% |
18,584
-80,960
| -81% | -$566K |
|
|
IGA
2458
Voya Global Advantage and Premium Opportunity Fund
IGA
$154M
| $120K | ﹤0.01% |
12,683
-11,701
| -48% | -$114K |
|
|
IEC
2459
DELISTED
IEC Electronics Corp.
IEC
| $119K | ﹤0.01% |
26,895
-26,895
| -50% | -$119K |
|
|
ESV
2460
DELISTED
Ensco Rowan plc
ESV
| $118K | ﹤0.01% |
2,992
-3,632
| -55% | -$151K |
|
|
CMO
2461
DELISTED
Capstead Mortgage Corp.
CMO
| $118K | ﹤0.01% |
12,013
-16,687
| -58% | -$163K |
|
2462
Invesco Global Clean Energy ETF
PBD
$184M
| $117K | ﹤0.01% |
11,256
-11,985
| -52% | -$128K |
|
2463
ASE Group
ASX
$77.7B
| $115K | ﹤0.01% |
20,523
-760
| -4% | -$4.01K |
|
|
SKUL
2464
DELISTED
SKULLCANDY INC
SKUL
| $115K | ﹤0.01% |
19,010
+2,190
| +13% | +$8.66K |
|
2465
Omeros
OMER
$781M
| $114K | ﹤0.01% |
10,120
-10,120
| -50% | -$125K |
|
2466
Baytex Energy
BTE
$2.99B
| $113K | ﹤0.01% |
19,667
+1,307
| +7% | +$6.53K |
|
|
FGB
2467
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $112K | ﹤0.01% |
18,225
-19,441
| -52% | -$119K |
|
|
TUBE
2468
DELISTED
TubeMogul, Inc.
TUBE
| $111K | ﹤0.01% |
+10,208
| New | +$129K |
|
|
FUND
2469
Sprott Focus Trust
FUND
$294M
| $110K | ﹤0.01% |
16,985
-16,167
| -49% | -$101K |
|
|
ARIS
2470
DELISTED
ARI Network Services, Inc.
ARIS
| $110K | ﹤0.01% |
24,724
-24,724
| -50% | -$103K |
|
2471
Celldex Therapeutics
CLDX
$2.77B
| $109K | ﹤0.01% |
1,565
+636
| +68% | +$40.4K |
|
|
PRSS
2472
DELISTED
CafePress Inc.
PRSS
| $109K | ﹤0.01% |
34,345
-50,219
| -59% | -$171K |
|
2473
Advanced Micro Devices
AMD
$786B
| $108K | ﹤0.01% |
21,501
-21,401
| -50% | -$83.1K |
|
|
CIK
2474
Credit Suisse Asset Management Income Fund
CIK
$134M
| $108K | ﹤0.01% |
36,661
-96,999
| -73% | -$281K |
|
2475
SiriusXM
SIRI
$10.5B
| $108K | ﹤0.01% |
2,698
-28,456
| -91% | -$1.12M |
|
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.