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 | |
|---|---|---|---|---|---|---|
526
iShares US Aerospace & Defense ETF
ITA
$14.4B
| $4.48M | 0.02% |
78,076
-9,152
| -10% | -$504K |
|
527
Unilever
UL
$132B
| $4.47M | 0.02% |
98,219
-18,894
| -16% | -$867K |
|
528
lululemon athletica
LULU
$13.3B
| $4.47M | 0.02% |
80,145
+15,957
| +25% | +$728K |
|
529
Truist Financial
TFC
$63.6B
| $4.46M | 0.02% |
114,629
+43,100
| +60% | +$1.62M |
|
|
FLG
530
Flagstar Bank National Association
FLG
$5.7B
| $4.46M | 0.02% |
92,885
+18,826
| +25% | +$887K |
|
|
SCHV
531
Schwab US Large-Cap Value ETF
SCHV
$15.7B
| $4.42M | 0.02% |
300,324
+9,498
| +3% | +$137K |
|
532
Travelers Companies
TRV
$81.2B
| $4.41M | 0.02% |
41,618
+10,567
| +34% | +$1.07M |
|
|
VTA
533
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $4.4M | 0.02% |
370,996
-32,966
| -8% | -$391K |
|
534
Royce Value Trust
RVT
$2.21B
| $4.37M | 0.02% |
305,001
-47,266
| -13% | -$696K |
|
535
Invesco S&P 500 Revenue ETF
RWL
$9.55B
| $4.36M | 0.02% |
106,961
-6,610
| -6% | -$261K |
|
536
Nucor
NUE
$56B
| $4.36M | 0.02% |
88,836
-18,102
| -17% | -$942K |
|
537
Eaton
ETN
$152B
| $4.36M | 0.02% |
64,087
+5,374
| +9% | +$354K |
|
538
Vanguard Russell 2000 Growth ETF
VTWG
$1.48B
| $4.35M | 0.02% |
41,823
-4,975
| -11% | -$490K |
|
539
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.86B
| $4.34M | 0.02% |
47,014
+4,943
| +12% | +$450K |
|
|
SNDK
540
DELISTED
SANDISK CORP
SNDK
| $4.34M | 0.02% |
44,347
+18,297
| +70% | +$1.75M |
|
541
Capri Holdings
CPRI
$1.8B
| $4.33M | 0.02% |
57,715
+5,291
| +10% | +$394K |
|
542
Mesa Laboratories
MLAB
$537M
| $4.32M | 0.02% |
55,874
-532
| -0.9% | -$39K |
|
|
EWRI
543
DELISTED
GUGGENHEIM RUSSELL 1000 EQUAL WEIGHT ETF
EWRI
| $4.32M | 0.02% |
84,707
-5,936
| -7% | -$296K |
|
544
Sherwin-Williams
SHW
$80.6B
| $4.31M | 0.02% |
49,194
+9,351
| +23% | +$737K |
|
545
iShares 1-3 Year International Treasury Bond ETF
ISHG
$826M
| $4.3M | 0.02% |
50,912
-3,480
| -6% | -$304K |
|
546
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.39B
| $4.29M | 0.02% |
472,530
+115,570
| +32% | +$1.01M |
|
|
AGND
547
DELISTED
WisdomTree Trust WisdomTree Negative Duration U.S. Aggregate Bond Fund
AGND
| $4.28M | 0.02% |
94,975
-13,088
| -12% | -$601K |
|
548
Lumen
LUMN
$6.37B
| $4.28M | 0.02% |
108,044
+9,989
| +10% | +$400K |
|
549
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
| $4.27M | 0.02% |
283,606
+21,942
| +8% | +$323K |
|
550
Morgan Stanley
MS
$335B
| $4.25M | 0.02% |
109,540
+19,953
| +22% | +$710K |
|
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.