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 | |
|---|---|---|---|---|---|---|
451
Welltower
WELL
$177B
| $5.47M | 0.03% |
72,290
+9,347
| +15% | +$667K |
|
452
iShares Morningstar Multi-Asset Income ETF
IYLD
$124M
| $5.45M | 0.03% |
+212,789
| New | +$5.55M |
|
453
Vanguard Financials ETF
VFH
$13.5B
| $5.45M | 0.03% |
109,544
+16,055
| +17% | +$772K |
|
454
HP
HPQ
$23.8B
| $5.44M | 0.03% |
298,653
+4,558
| +2% | +$76.4K |
|
455
VF Corp
VFC
$6.72B
| $5.44M | 0.03% |
77,127
+2,483
| +3% | +$164K |
|
456
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.71B
| $5.44M | 0.03% |
669,827
+56,432
| +9% | +$464K |
|
457
Archer Daniels Midland
ADM
$40.3B
| $5.44M | 0.03% |
104,573
+2,550
| +2% | +$127K |
|
458
iShares US Medical Devices ETF
IHI
$3.06B
| $5.44M | 0.03% |
288,450
+124,272
| +76% | +$2.24M |
|
459
Alcoa
AA
$11.6B
| $5.4M | 0.03% |
142,221
-4,160
| -3% | -$161K |
|
|
ETV
460
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.72B
| $5.4M | 0.03% |
383,754
-12,968
| -3% | -$192K |
|
461
Vanguard Communication Services ETF
VOX
$5.61B
| $5.36M | 0.03% |
63,315
+6,075
| +11% | +$527K |
|
|
NCZ
462
Virtus Convertible & Income Fund II
NCZ
$289M
| $5.33M | 0.03% |
149,651
+20,903
| +16% | +$738K |
|
463
United Rentals
URI
$69.8B
| $5.33M | 0.03% |
52,235
+3,544
| +7% | +$380K |
|
464
Invesco Bloomberg Pricing Power ETF
POWA
$174M
| $5.3M | 0.03% |
140,645
+15,097
| +12% | +$574K |
|
|
FIF
465
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $5.28M | 0.03% |
222,195
-3,990
| -2% | -$92.5K |
|
466
iShares US Basic Materials ETF
IYM
$1.14B
| $5.26M | 0.03% |
63,752
-233,909
| -79% | -$19.4M |
|
467
First Trust S&P REIT Index Fund
FRI
$195M
| $5.25M | 0.03% |
235,933
+124,773
| +112% | +$2.68M |
|
468
Diageo
DEO
$47.1B
| $5.22M | 0.03% |
45,784
+552
| +1% | +$64.2K |
|
|
TRND
469
DELISTED
ROYAL BK SCOTLAND PLC RBS US LARGE CAP TRENDPILOT ETNS
TRND
| $5.21M | 0.03% |
131,277
+10,024
| +8% | +$390K |
|
470
Invesco Water Resources ETF
PHO
$1.98B
| $5.17M | 0.03% |
200,778
+21,957
| +12% | +$556K |
|
|
CB
471
DELISTED
CHUBB CORPORATION
CB
| $5.17M | 0.03% |
49,914
+3,509
| +8% | +$349K |
|
472
Texas Instruments
TXN
$253B
| $5.14M | 0.03% |
96,131
+10,340
| +12% | +$523K |
|
473
iShares Morningstar Value ETF
ILCV
$1.31B
| $5.13M | 0.03% |
119,006
-2,584
| -2% | -$109K |
|
|
BNY
474
Bank of New York Mellon
BNY
$107B
| $5.12M | 0.03% |
126,096
+9,217
| +8% | +$361K |
|
475
National Grid
NGG
$82.6B
| $5.11M | 0.03% |
75,013
-3,608
| -5% | -$251K |
|
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.