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 | |
|---|---|---|---|---|---|---|
501
Pacer Trendpilot US Mid Cap ETF
PTMC
$392M
| $8.39M | 0.02% |
361,954
-61,828
| -15% | -$1.43M |
|
502
VanEck Biotech ETF
BBH
$400M
| $8.36M | 0.02% |
67,573
+32,030
| +90% | +$3.92M |
|
503
Sysco
SYY
$40.8B
| $8.34M | 0.02% |
205,179
+87,366
| +74% | +$3.58M |
|
504
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $8.31M | 0.02% |
248,964
+28,408
| +13% | +$1.01M |
|
|
ETV
505
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.71B
| $8.28M | 0.02% |
549,425
+287,597
| +110% | +$4.31M |
|
|
FFC
506
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $8.26M | 0.02% |
413,628
+231,799
| +127% | +$4.61M |
|
507
iShares China Large-Cap ETF
FXI
$4.37B
| $8.22M | 0.02% |
241,978
+114,959
| +91% | +$4.32M |
|
508
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.05B
| $8.19M | 0.02% |
167,568
+46,229
| +38% | +$2.23M |
|
|
PWY
509
DELISTED
POWERSHARES DYNAMIC SMALL CAP VALUE PORTFOLIO
PWY
| $8.19M | 0.02% |
363,817
+182,801
| +101% | +$4.12M |
|
|
EMC
510
DELISTED
EMC CORPORATION
EMC
| $8.19M | 0.02% |
321,017
+76,133
| +31% | +$1.98M |
|
|
TYG
511
Tortoise Energy Infrastructure Corp
TYG
$1.09B
| $8.16M | 0.02% |
73,175
+35,234
| +93% | +$3.93M |
|
|
VTA
512
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $8.13M | 0.02% |
763,169
+348,483
| +84% | +$3.72M |
|
513
American Airlines Group
AAL
$10.1B
| $8.11M | 0.02% |
200,240
+77,053
| +63% | +$3.34M |
|
514
American Electric Power
AEP
$69.6B
| $8.05M | 0.02% |
136,867
+63,938
| +88% | +$3.62M |
|
515
iShares ESG Optimized MSCI USA ETF
SUSA
$4.01B
| $8.01M | 0.02% |
194,860
+104,916
| +117% | +$4.41M |
|
516
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$258M
| $8M | 0.02% |
109,711
+63,651
| +138% | +$4.84M |
|
517
General Dynamics
GD
$104B
| $7.98M | 0.02% |
58,428
+23,595
| +68% | +$3.37M |
|
518
American Tower
AMT
$80.8B
| $7.92M | 0.02% |
80,302
+14,422
| +22% | +$1.41M |
|
519
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $7.85M | 0.02% |
801,141
+354,156
| +79% | +$3.56M |
|
520
Valero Energy
VLO
$90.1B
| $7.84M | 0.02% |
110,204
+34,801
| +46% | +$2.37M |
|
521
Vodafone
VOD
$36.3B
| $7.83M | 0.02% |
242,944
+105,469
| +77% | +$3.44M |
|
522
Schwab U.S Small- Cap ETF
SCHA
$22.2B
| $7.79M | 0.02% |
609,108
+318,996
| +110% | +$4.26M |
|
|
PIV
523
DELISTED
PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX
PIV
| $7.76M | 0.02% |
337,891
+209,672
| +164% | +$4.82M |
|
524
Omega Healthcare
OHI
$15.1B
| $7.73M | 0.02% |
216,248
+82,481
| +62% | +$2.85M |
|
525
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $7.72M | 0.02% |
205,662
+120,879
| +143% | +$4.7M |
|
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.