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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$95.3M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$65.5M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$64.9M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$53.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$51.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco BuyBack Achievers ETF
PKW
|
+$112M |
| 2 |
SPDR Gold Trust
GLD
|
+$52.1M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$39.6M |
| 4 |
iShares MSCI Canada ETF
EWC
|
+$33.7M |
| 5 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$32.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.3% |
| 2 | Technology | 3.18% |
| 3 | Healthcare | 3.03% |
| 4 | Industrials | 2.67% |
| 5 | Energy | 2.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
State Street SPDR S&P Biotech ETF
XBI
$10.2B
| $12.6M | 0.07% |
203,085
-3,717
| -2% | -$212K |
|
252
Walmart Inc
WMT
$871B
| $12.6M | 0.07% |
440,181
-672
| -0.2% | -$18.2K |
|
253
First Trust US Equity Opportunities ETF
FPX
$1.51B
| $12.5M | 0.07% |
248,662
-18,535
| -7% | -$903K |
|
254
Corning
GLW
$126B
| $12.3M | 0.07% |
535,672
+236
| +0% | +$4.81K |
|
255
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.64B
| $12.2M | 0.07% |
259,288
-26,024
| -9% | -$1.27M |
|
256
iShares US Home Construction ETF
ITB
$2.33B
| $12.1M | 0.07% |
468,805
-658,952
| -58% | -$16.1M |
|
257
Waste Management
WM
$95.9B
| $12.1M | 0.07% |
235,354
+8,895
| +4% | +$433K |
|
|
NFJ
258
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $12M | 0.07% |
750,104
+8,942
| +1% | +$153K |
|
|
259
State Street SPDR S&P Homebuilders ETF
XHB
$1.74B
| $11.9M | 0.07% |
348,256
-1,036,185
| -75% | -$32.9M |
|
260
Novartis
NVS
$295B
| $11.7M | 0.06% |
140,814
+19,211
| +16% | +$1.59M |
|
261
First Trust Technology AlphaDEX Fund
FXL
$2.47B
| $11.7M | 0.06% |
338,433
+51,705
| +18% | +$1.7M |
|
262
FedEx
FDX
$74.5B
| $11.7M | 0.06% |
67,168
+8,022
| +14% | +$1.36M |
|
263
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $11.6M | 0.06% |
106,001
-234,936
| -69% | -$26.5M |
|
264
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.37B
| $11.6M | 0.06% |
351,706
+227,736
| +184% | +$7.29M |
|
265
GSK
GSK
$103B
| $11.5M | 0.06% |
215,766
+37,412
| +21% | +$2.09M |
|
|
EMC
266
DELISTED
EMC CORPORATION
EMC
| $11.5M | 0.06% |
387,392
+41,079
| +12% | +$1.2M |
|
267
AdvisorShares Insider Advantage ETF
SURE
$55.9M
| $11.5M | 0.06% |
207,755
+37,442
| +22% | +$2M |
|
268
DuPont de Nemours
DD
$18.6B
| $11.5M | 0.06% |
99,243
+11,917
| +14% | +$1.45M |
|
269
VanEck Gold Miners ETF
GDX
$23B
| $11.4M | 0.06% |
621,924
+22,004
| +4% | +$425K |
|
270
State Street SPDR S&P Pharmaceuticals ETF
XPH
$469M
| $11.4M | 0.06% |
211,434
+7,996
| +4% | +$437K |
|
271
iShares Core S&P Total US Stock Market ETF
ITOT
$93.2B
| $11.4M | 0.06% |
242,790
+112,736
| +87% | +$5.17M |
|
272
General Motors
GM
$74.7B
| $11.4M | 0.06% |
325,723
+53,501
| +20% | +$1.71M |
|
|
CHY
273
Calamos Convertible and High Income Fund
CHY
$1.03B
| $11.4M | 0.06% |
821,208
+95,337
| +13% | +$1.35M |
|
274
State Street SPDR Dow Jones REIT ETF
RWR
$1.93B
| $11.3M | 0.06% |
124,086
+11,270
| +10% | +$988K |
|
|
CHI
275
Calamos Convertible Opportunities and Income Fund
CHI
$1.02B
| $11.3M | 0.06% |
877,966
+86,885
| +11% | +$1.16M |
|
Similar funds
LPL Financial's Q4 2014 Portfolio in Review
As of Q4 2014, LPL Financial held 2,914 positions worth $18.3B, up 8.9% from $16.8B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $941M of net new capital in Q4 2014, opening 219 new positions and adding to 1,218 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
By sector, the portfolio is most concentrated in Financials at 3.3% of assets, up from 3.1% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco BuyBack Achievers ETF, an estimated $112M trimmed.
- LPL Financial's largest Q4 2014 buy was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $95.3M increase.
- LPL Financial's biggest Q4 2014 reduction was Invesco BuyBack Achievers ETF, cutting an estimated $112M.
- LPL Financial fully exited KINDER MORGAN ENER PNTRS L.P. in Q4 2014, selling an estimated $20M.
- LPL Financial's ten largest holdings make up 21% of its $18.3B portfolio in Q4 2014.
- LPL Financial opened 219 new positions and closed 192 in Q4 2014.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $18.3B.
Based on LPL Financial's 13F filing for Q4 2014, filed 13 Feb 2015.