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 | |
|---|---|---|---|---|---|---|
301
Vanguard Energy ETF
VDE
$10.1B
| $9.47M | 0.05% |
84,827
+2,697
| +3% | +$322K |
|
302
eBay
EBAY
$48.6B
| $9.46M | 0.05% |
400,468
-35,557
| -8% | -$807K |
|
303
Invesco International Dividend Achievers ETF
PID
$913M
| $9.44M | 0.05% |
538,866
+13,809
| +3% | +$248K |
|
304
Goldman Sachs
GS
$313B
| $9.38M | 0.05% |
48,398
+691
| +1% | +$130K |
|
305
Blackrock
BLK
$164B
| $9.37M | 0.05% |
26,194
-833
| -3% | -$285K |
|
306
Teva Pharmaceuticals
TEVA
$35.9B
| $9.3M | 0.05% |
161,750
-5,106
| -3% | -$284K |
|
307
iShares US Pharmaceuticals ETF
IHE
$1.47B
| $9.27M | 0.05% |
183,720
+37,368
| +26% | +$1.82M |
|
308
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.13B
| $9.26M | 0.05% |
342,939
+116,228
| +51% | +$3.2M |
|
|
AGN
309
DELISTED
Allergan Inc
AGN
| $9.23M | 0.05% |
43,428
+7,578
| +21% | +$1.51M |
|
310
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.82B
| $9.06M | 0.05% |
325,694
+239,184
| +276% | +$6.77M |
|
|
FEN
311
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $9.06M | 0.05% |
248,099
-83,451
| -25% | -$2.92M |
|
312
Sprott Physical Gold and Silver Trust
CEF
$7.43B
| $8.97M | 0.05% |
774,446
-66,218
| -8% | -$785K |
|
313
ProShares Short Russell2000
RWM
$132M
| $8.93M | 0.05% |
144,496
-31,944
| -18% | -$2.09M |
|
314
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $8.93M | 0.05% |
72,967
-52
| -0.1% | -$6.37K |
|
315
Target
TGT
$62.1B
| $8.92M | 0.05% |
117,565
-13,753
| -10% | -$928K |
|
316
Nike
NKE
$61.9B
| $8.69M | 0.05% |
180,796
+18,472
| +11% | +$866K |
|
317
VanEck Junior Gold Miners ETF
GDXJ
$7.06B
| $8.57M | 0.05% |
358,292
+100,205
| +39% | +$2.76M |
|
318
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.71B
| $8.57M | 0.05% |
200,122
+50,795
| +34% | +$2.1M |
|
319
Vanguard Materials ETF
VAW
$3B
| $8.5M | 0.05% |
79,123
-17,327
| -18% | -$1.87M |
|
320
Paychex
PAYX
$40.4B
| $8.47M | 0.05% |
183,504
+314
| +0.2% | +$14.5K |
|
321
ALPS Sector Dividend Dogs ETF
SDOG
$1.41B
| $8.43M | 0.05% |
221,590
+33,928
| +18% | +$1.28M |
|
322
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.06B
| $8.43M | 0.05% |
405,072
+19,777
| +5% | +$401K |
|
323
Cohen & Steers Quality Income Realty Fund
RQI
$1.71B
| $8.4M | 0.05% |
689,487
+214,326
| +45% | +$2.47M |
|
324
Healthpeak Properties
DOC
$15.4B
| $8.36M | 0.05% |
208,478
+67,802
| +48% | +$2.69M |
|
325
Clorox
CLX
$11.6B
| $8.34M | 0.05% |
80,051
-1,085
| -1% | -$108K |
|
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.