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 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$904M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$640M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$579M |
| 4 |
Vanguard Total Bond Market
BND
|
+$540M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$472M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$12.8M |
| 2 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$12.5M |
| 3 |
XIV
VelocityShares Daily Inverse VIX Short Term ETN
XIV
|
+$8.56M |
| 4 |
State Street SPDR S&P Transportation ETF
XTN
|
+$4.43M |
| 5 |
iShares MSCI Japan ETF
EWJ
|
+$4.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.89% |
| 2 | Financials | 2.66% |
| 3 | Technology | 2.63% |
| 4 | Industrials | 2.33% |
| 5 | Consumer Staples | 2.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
PIMCO Corporate & Income Opportunity Fund
PTY
$2.48B
| $9.8M | 0.03% |
714,667
+377,444
| +112% | +$5.19M |
|
452
Goldman Sachs
GS
$300B
| $9.79M | 0.03% |
56,226
+8,310
| +17% | +$1.54M |
|
|
RDS.A
453
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $9.68M | 0.03% |
212,124
+99,888
| +89% | +$5.02M |
|
454
Marriott International
MAR
$98.3B
| $9.63M | 0.03% |
146,894
+2,203
| +2% | +$159K |
|
455
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$93.2M
| $9.62M | 0.03% |
253,935
+207,687
| +449% | +$8.31M |
|
456
Vanguard Industrials ETF
VIS
$8.1B
| $9.61M | 0.03% |
96,517
+44,907
| +87% | +$4.59M |
|
457
Pacer Trendpilot 100 ETF
PTNQ
$1.2B
| $9.57M | 0.03% |
410,070
+213,780
| +109% | +$5.13M |
|
458
Thermo Fisher Scientific
TMO
$213B
| $9.57M | 0.03% |
69,049
+12,573
| +22% | +$1.68M |
|
459
American International
AIG
$41.7B
| $9.56M | 0.03% |
157,684
+73,636
| +88% | +$4.49M |
|
460
AstraZeneca
AZN
$263B
| $9.55M | 0.03% |
140,907
+46,488
| +49% | +$3.05M |
|
|
WBIH
461
DELISTED
WBI BullBear Global High Income ETF
WBIH
| $9.54M | 0.03% |
410,984
+197,842
| +93% | +$4.68M |
|
462
iShares Mortgage Real Estate ETF
REM
$539M
| $9.53M | 0.03% |
244,697
+76,555
| +46% | +$3.05M |
|
|
RCS
463
PIMCO Strategic Income Fund
RCS
$244M
| $9.5M | 0.03% |
1,037,515
+528,739
| +104% | +$4.79M |
|
|
NIO
464
DELISTED
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
| $9.48M | 0.03% |
657,172
+317,043
| +93% | +$4.46M |
|
465
Invesco S&P MidCap Low Volatility ETF
XMLV
$750M
| $9.41M | 0.03% |
278,659
+170,238
| +157% | +$5.82M |
|
|
DBL
466
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $9.35M | 0.03% |
366,604
+242,231
| +195% | +$6.06M |
|
467
Mesa Laboratories
MLAB
$564M
| $9.31M | 0.03% |
98,004
+49,002
| +100% | +$5.24M |
|
468
Schwab US Broad Market ETF
SCHB
$43.2B
| $9.31M | 0.03% |
1,155,054
+549,570
| +91% | +$4.53M |
|
469
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.3B
| $9.29M | 0.03% |
174,062
+80,444
| +86% | +$4.35M |
|
470
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $9.26M | 0.03% |
759,291
+380,590
| +100% | +$4.4M |
|
471
Healthpeak Properties
DOC
$15.1B
| $9.24M | 0.03% |
260,080
+68,119
| +35% | +$2.28M |
|
472
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$728M
| $9.24M | 0.03% |
359,820
+133,384
| +59% | +$3.62M |
|
|
MON
473
DELISTED
Monsanto Co
MON
| $9.22M | 0.03% |
94,780
+32,921
| +53% | +$3.09M |
|
474
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
| $9.2M | 0.03% |
314,037
+153,999
| +96% | +$4.48M |
|
475
First Trust Natural Gas ETF
FCG
$647M
| $9.15M | 0.03% |
410,233
+195,480
| +91% | +$5.61M |
|
Similar funds
LPL Financial's Q4 2015 Portfolio in Review
As of Q4 2015, LPL Financial held 3,338 positions worth $36.1B, up 99% from $18.2B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $18.4B of net new capital in Q4 2015, opening 550 new positions and adding to 2,405 existing holdings. Its largest new stake was Alphabet (Google) Class A: 1,817,600 shares worth $69.2M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 3.1% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was iShares Currency Hedged MSCI Japan ETF, an estimated $12.8M trimmed.
- LPL Financial's largest Q4 2015 buy was Alphabet (Google) Class A: 1,817,600 shares worth $69.2M.
- LPL Financial added most to Vanguard Morningstar Total Stock Market ETF in Q4 2015, an estimated $904M increase.
- LPL Financial's biggest Q4 2015 reduction was iShares Currency Hedged MSCI Japan ETF, cutting an estimated $12.8M.
- LPL Financial fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $4.02M.
- LPL Financial's ten largest holdings make up 22% of its $36.1B portfolio in Q4 2015.
- LPL Financial opened 550 new positions and closed 178 in Q4 2015.
- LPL Financial's portfolio value rose 99% quarter-over-quarter to $36.1B.
Based on LPL Financial's 13F filing for Q4 2015, filed 12 Feb 2016.