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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 (2016Q3)
Portfolio Summary: 2,631 holdings with a total value of $10,525,704,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 VANGUARD INDEX FDS 289,462 37,793,000 0.36%
52 ISHARES TR 324,418 37,772,000 0.36%
53 ISHARES TR 312,884 37,074,000 0.35%
54 VANGUARD WORLD FDS 272,113 36,727,000 0.35%
55 ISHARES TR 735,289 36,147,000 0.34%
56 ISHARES 656,524 35,275,000 0.34%
57 POWERSHARES ETF TRUST 738,511 34,784,000 0.33%
58 PROSHARES TR 624,259 33,461,000 0.32%
59 ALPS ETF TR 2,666,126 33,300,000 0.32%
60 FIRST TR EXCHANGE-TRADED FD 1,666,512 32,597,000 0.31%
61 ISHARES TR 183,452 31,704,000 0.30%
62 FIRST TR LRG CP VL ALPHADEX 744,660 31,529,000 0.30%
63 VANGUARD WORLD FD 232,453 30,765,000 0.29%
64 ISHARES U S ETF TR 612,455 30,715,000 0.29%
65 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 276,121 30,594,000 0.29%
66 POWERSHARES ETF TRUST 320,168 29,680,000 0.28%
67 FIRST TRUST EXCH TRADED FUND 2 CONSUMR STAPLE ETF 607,550 27,874,000 0.26%
68 DBX ETF TR 1,048,414 27,804,000 0.26%
69 FIRST TR EXCHANGE TRADED FD 456,251 27,389,000 0.26%
70 FIRST TR EXCHANGE TRADED FD 329,903 26,966,000 0.26%
71 FIRST TR EXCHANGE TRADED FD 1,083,437 26,811,000 0.25%
72 VANECK ETF TRUST 1,140,077 26,678,000 0.25%
73 FIRST TR LRG CP GRWTH ALPHAD 521,502 25,945,000 0.25%
74 PIMCO ETF TR 242,409 24,563,000 0.23%
75 VANGUARD INTL EQUITY INDEX F 532,890 24,119,000 0.23%
76 POWERSHARES ETF TR II 788,067 24,091,000 0.23%
77 ISHARES TR 160,470 24,042,000 0.23%
78 VICTORY PORTFOLIOS II VCSHS US 500 ENH ETF 627,970 23,997,000 0.23%
79 VANGUARD INTL EQUITY INDEX F 393,045 23,783,000 0.23%
80 POWERSHARES ETF TR II 618,372 23,659,000 0.22%
81 VANGUARD MORTG-BACK SEC ETF 436,893 23,522,000 0.22%
82 ISHARES TR 212,037 23,398,000 0.22%
83 ISHARES COHEN & STEERS REIT ETF 229,986 23,300,000 0.22%
84 WISDOMTREE TR 296,319 22,926,000 0.22%
85 WISDOMTREE TR 253,595 22,656,000 0.22%
86 POWERSHARES ETF TRUST 1,176,346 22,386,000 0.21%
87 ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF 365,976 22,303,000 0.21%
88 SPDR S&P 600 SMALL CAP GROWTH ETF 116,084 22,021,000 0.21%
89 RYDEX ETF TRUST 262,733 21,954,000 0.21%
90 ISHARES 292,459 21,943,000 0.21%
91 ISHARES TR 731,189 21,797,000 0.21%
92 VANGUARD WORLD FD 222,363 21,480,000 0.20%
93 SPDR SER TR 462,013 21,322,000 0.20%
94 ISHARES 618,269 21,268,000 0.20%
95 FIRST TR EXCHANGE TRADED FD 391,731 21,161,000 0.20%
96 VANGUARD WORLD FD 241,314 20,973,000 0.20%
97 FIRST TR EXCHANGE TRADED FD 984,380 20,780,000 0.20%
98 VANGUARD WORLD FD 197,466 20,408,000 0.19%
99 KINDER MORGAN INC DEL 914,624 20,360,000 0.19%
100 VANGUARD INTL EQUITY INDEX F 408,096 19,870,000 0.19%
Page 2 of 53

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001403438-16-000021, filed 2016.11.16).

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.