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 | |
|---|---|---|---|---|---|---|
|
KRFT
276
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $11.3M | 0.06% |
179,702
-404
| -0.2% | -$23.6K |
|
277
iShares Core S&P US Value ETF
IUSV
$27.2B
| $11.1M | 0.06% |
244,416
+105,342
| +76% | +$4.67M |
|
|
PCI
278
DELISTED
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
| $11.1M | 0.06% |
537,988
+49,804
| +10% | +$1.08M |
|
279
iShares US Industrials ETF
IYJ
$1.98B
| $11.1M | 0.06% |
207,540
-17,436
| -8% | -$906K |
|
280
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.91B
| $11M | 0.06% |
1,153,995
-47,842
| -4% | -$469K |
|
281
Invesco DB US Dollar Index Bullish Fund
UUP
$426M
| $10.8M | 0.06% |
452,161
+33,367
| +8% | +$775K |
|
282
TotalEnergies
TTE
$193B
| $10.8M | 0.06% |
210,829
+19,031
| +10% | +$1.07M |
|
283
UnitedHealth
UNH
$382B
| $10.7M | 0.06% |
105,398
+9,046
| +9% | +$857K |
|
284
State Street SPDR S&P Retail ETF
XRT
$365M
| $10.6M | 0.06% |
221,278
+22,200
| +11% | +$996K |
|
285
Invesco Financial Preferred ETF
PGF
$676M
| $10.5M | 0.06% |
573,780
+62,300
| +12% | +$1.13M |
|
286
iShares Dow Jones US ETF
IYY
$2.92B
| $10.4M | 0.06% |
201,242
+2,344
| +1% | +$119K |
|
287
Amgen
AMGN
$203B
| $10.4M | 0.06% |
65,409
+1,390
| +2% | +$217K |
|
|
RAI
288
DELISTED
Reynolds American Inc
RAI
| $10.4M | 0.06% |
323,276
+47,304
| +17% | +$1.5M |
|
289
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
| $10.3M | 0.06% |
261,651
-1,035
| -0.4% | -$39.8K |
|
290
CSX Corp
CSX
$98.6B
| $10.2M | 0.06% |
842,874
+153,222
| +22% | +$1.79M |
|
291
ProShares Ultra QQQ
QLD
$12.6B
| $10M | 0.05% |
2,347,680
+930,592
| +66% | +$3.82M |
|
292
Invesco Large Cap Value ETF
PWV
$1.66B
| $9.9M | 0.05% |
316,708
+3,113
| +1% | +$95.3K |
|
293
American International
AIG
$41.9B
| $9.87M | 0.05% |
176,184
-26,042
| -13% | -$1.4M |
|
294
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.51B
| $9.83M | 0.05% |
387,381
-39,681
| -9% | -$1.04M |
|
295
NextEra Energy
NEE
$187B
| $9.74M | 0.05% |
366,392
-1,284
| -0.3% | -$32.4K |
|
296
Vanguard Russell 3000 ETF
VTHR
$4.63B
| $9.66M | 0.05% |
101,588
+1,975
| +2% | +$183K |
|
297
Baidu
BIDU
$35.8B
| $9.63M | 0.05% |
42,228
+4,125
| +11% | +$946K |
|
298
General Mills
GIS
$19.2B
| $9.61M | 0.05% |
180,282
+18,046
| +11% | +$933K |
|
299
Medtronic
MDT
$107B
| $9.57M | 0.05% |
132,516
+5,736
| +5% | +$398K |
|
300
ProShares Short 20+ Year Treasury ETF
TBF
$84.9M
| $9.53M | 0.05% |
378,832
-30,375
| -7% | -$801K |
|
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.