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Institutional Investment Manager
LPL Financial LLC
LPL Financial LLC (CIK: 0001403438) incorporated in California, located at 4707 Executive Drive, San Diego, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 2,620 holdings with a total value of $11,842,008,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 VANGUARD ADMIRAL FDS INC 394,494 41,524,000 0.35%
52 FIRST TR MORNINGSTAR DIV LEA 1,530,414 41,183,000 0.35%
53 ISHARES TR 368,910 40,724,000 0.34%
54 WISDOMTREE TR 1,228,008 38,838,000 0.33%
55 SPDR SERIES TRUST PRTFLO S&P500 GW ETF 382,482 38,817,000 0.33%
56 POWERSHARES ETF TR II 2,532,820 38,550,000 0.33%
57 POWERSHARES ETF TRUST 852,748 38,229,000 0.32%
58 ISHARES TR 220,817 37,318,000 0.32%
59 FIRST TRUST EXCH TRADED FUND 2 CONSUMR STAPLE ETF 768,576 37,253,000 0.31%
60 VANGUARD WORLD FDS 269,637 35,765,000 0.30%
61 VANGUARD WORLD FDS 239,259 33,846,000 0.29%
62 VANECK ETF TRUST 1,106,668 33,831,000 0.29%
63 VICTORY PORTFOLIOS II 871,562 33,625,000 0.28%
64 FIRST TR EXCHANGE TRADED FD 564,400 33,503,000 0.28%
65 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 295,546 32,959,000 0.28%
66 ALPS ETF TR 2,583,443 32,603,000 0.28%
67 VANGUARD ADMIRAL FDS INC 364,691 32,523,000 0.27%
68 FIRST TR LRG CP VL ALPHADEX 804,128 31,691,000 0.27%
69 ISHARES TR 321,446 30,627,000 0.26%
70 ISHARES 578,316 29,465,000 0.25%
71 ISHARES TR 389,886 29,156,000 0.25%
72 DBX ETF TR 1,185,281 29,016,000 0.25%
73 VANGUARD WORLD FD 249,797 28,832,000 0.24%
74 PROSHARES TR 526,683 28,736,000 0.24%
75 POWERSHARES N/C 6/4/18 46137V613 318,519 28,692,000 0.24%
76 ISHARES COHEN & STEERS REIT ETF 240,509 26,208,000 0.22%
77 ISHARES TR 675,810 25,654,000 0.22%
78 FIRST TR EXCHANGE TRADED FD 1,030,165 25,424,000 0.21%
79 FIRST TR EXCHANGE-TRADED FD 1,318,485 25,249,000 0.21%
80 ISHARES U.S. UTILITIES ETF 186,089 24,621,000 0.21%
81 ISHARES TR 161,276 24,337,000 0.21%
82 PIMCO ETF TR 231,840 23,432,000 0.20%
83 FIRST TR LRG CP GRWTH ALPHAD 464,516 23,300,000 0.20%
84 VANGUARD INTL EQUITY INDEX F 532,969 22,427,000 0.19%
85 ISHARES TR 212,379 22,332,000 0.19%
86 VANGUARD INTL EQUITY INDEX F 488,313 22,250,000 0.19%
87 WISDOMTREE TR 275,235 21,146,000 0.18%
88 ISHARES U S ETF TR 421,799 21,141,000 0.18%
89 POWERSHARES ETF TRUST 1,102,275 21,109,000 0.18%
90 RYDEX ETF TRUST 253,993 20,599,000 0.17%
91 UBS AG JERSEY BRH 736,552 20,470,000 0.17%
92 ISHARES 266,228 20,470,000 0.17%
93 VANGUARD INTL EQUITY INDEX F 354,476 20,453,000 0.17%
94 SPDR S&P 600 SMALL CAP GROWTH ETF 114,360 20,350,000 0.17%
95 FIRST TR EXCHANGE TRADED FD 280,963 20,336,000 0.17%
96 ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF 363,976 20,313,000 0.17%
97 ISHARES TR 175,241 20,237,000 0.17%
98 VICTORY PORTFOLIOS II 543,081 20,154,000 0.17%
99 WISDOMTREE TR 225,194 20,119,000 0.17%
100 Ishares Tr Msci United Kingdom Etf 1,321,433 19,663,000 0.17%
Page 2 of 53

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001403438-16-000017, filed 2016.08.15).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.