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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 (2016Q4)
Portfolio Summary: 2,680 holdings with a total value of $13,149,349,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 ISHARES TR 314,531 11,078,000 0.08%
202 NUVEEN PREFERRED SECURITIES 1,170,428 11,061,000 0.08%
203 SPDR SER TR 392,308 10,898,000 0.08%
204 SCHLUMBERGER LTD 127,613 10,820,000 0.08%
205 SPDR SER TR 165,344 10,623,000 0.08%
206 SPDR SERIES TRUST 242,499 10,590,000 0.08%
207 POWERSHARES ETF TRUST 184,916 10,585,000 0.08%
208 SPDR SER TR 177,135 10,555,000 0.08%
209 EMERSON ELEC CO 182,612 10,400,000 0.08%
210 ISHARES TR 294,335 10,384,000 0.08%
211 SCHWAB U.S. LARGE-CAP VALUE ETF 214,056 10,367,000 0.08%
212 SCHWAB US DIVIDEND EQUITY ETF 234,022 10,250,000 0.08%
213 VANECK VECTORS ETF TR 284,931 10,064,000 0.08%
214 JPMORGAN CHASE & CO 315,195 10,000,000 0.08%
215 FACEBOOK INC 85,409 9,978,000 0.08%
216 FIRST TR EXCHANGE-TRADED FD 108,313 9,973,000 0.08%
217 FIRST TR SML CP CORE ALPHA F 183,599 9,947,000 0.08%
218 POWERSHARES ETF TR II 403,626 9,903,000 0.08%
219 VANGUARD WORLD FDS 76,503 9,888,000 0.08%
220 ISHARES TR 71,831 9,728,000 0.07%
221 CONSOLIDATED EDISON INC 132,090 9,727,000 0.07%
222 WISDOMTREE TR 192,195 9,689,000 0.07%
223 POWERSHARES ETF TR II 381,100 9,676,000 0.07%
224 VANGUARD WORLD FDS 79,994 9,603,000 0.07%
225 SCHWAB EMERGING MARKETS EQUITY ETF 439,800 9,565,000 0.07%
226 OPPENHEIMER REV WEIGHTD ETF 140,925 9,559,000 0.07%
227 FIRST TR EXCHANGE TRADED FD 249,171 9,488,000 0.07%
228 W P CAREY INC 157,024 9,429,000 0.07%
229 VANGUARD INDEX FDS 100,269 9,343,000 0.07%
230 CELGENE CORP 78,533 9,323,000 0.07%
231 REALTY INCOME CORP 161,424 9,280,000 0.07%
232 VANGUARD INTL EQUITY INDEX F 157,089 9,220,000 0.07%
233 VANGUARD SCOTTSDALE FDS 93,509 9,211,000 0.07%
234 VANECK VECTORS ETF TR 507,185 9,205,000 0.07%
235 Vanguard S&P Mid-Cap 400 Value Index ETF 82,093 9,121,000 0.07%
236 FIRST TR EXCH TRADED FD III 172,540 9,096,000 0.07%
237 SPDR DOW JONES REIT ETF 97,043 9,077,000 0.07%
238 NUVEEN AMT FREE MUN CR INC F 622,214 9,016,000 0.07%
239 EATON VANCE TAX ADVT DIV INC 434,353 9,000,000 0.07%
240 VANGUARD INTL EQUITY INDEX F 249,273 8,977,000 0.07%
241 JOHNSON & JOHNSON 77,422 8,966,000 0.07%
242 KAYNE ANDERSON MLP INVT CO 448,025 8,952,000 0.07%
243 VANGUARD ADMIRAL FDS INC 79,836 8,951,000 0.07%
244 ISHARES TR 219,512 8,932,000 0.07%
245 VENTAS INC 143,334 8,906,000 0.07%
246 DISNEY WALT CO 82,889 8,791,000 0.07%
247 ACCENTURE PLC IRELAND 75,167 8,755,000 0.07%
248 ISHARES TR 182,711 8,704,000 0.07%
249 HEALTHCARE TR AMER INC 299,312 8,653,000 0.07%
250 VANECK VECTORS ETF TR 298,327 8,619,000 0.07%
Page 5 of 54

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001403438-17-000001, filed 2017.02.13).

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.