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 | |
|---|---|---|---|---|---|---|
526
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $7.71M | 0.02% |
174,776
+99,430
| +132% | +$4.59M |
|
527
iShares Morningstar Value ETF
ILCV
$1.32B
| $7.62M | 0.02% |
187,650
+94,098
| +101% | +$3.88M |
|
528
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.49B
| $7.61M | 0.02% |
839,590
+480,710
| +134% | +$4.45M |
|
529
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $7.58M | 0.02% |
358,594
+195,582
| +120% | +$4.36M |
|
|
CB
530
DELISTED
CHUBB CORPORATION
CB
| $7.56M | 0.02% |
57,470
+33,462
| +139% | +$4.33M |
|
|
FAX
531
DELISTED
abrdn Asia-Pacific Income Fund
FAX
| $7.56M | 0.02% |
272,576
+169,516
| +164% | +$4.67M |
|
532
Invesco S&P 500 BuyWrite ETF
PBP
$354M
| $7.52M | 0.02% |
367,648
+207,720
| +130% | +$4.35M |
|
533
Nucor
NUE
$58.6B
| $7.52M | 0.02% |
188,093
+89,334
| +90% | +$3.67M |
|
534
First Trust Multi Cap Value AlphaDEX Fund
FAB
$163M
| $7.51M | 0.02% |
186,980
+129,438
| +225% | +$5.49M |
|
535
Centene
CNC
$30.7B
| $7.5M | 0.02% |
223,892
+106,840
| +91% | +$3.17M |
|
536
Skyworks Solutions
SWKS
$9.37B
| $7.47M | 0.02% |
101,864
+32,749
| +47% | +$2.62M |
|
537
Travelers Companies
TRV
$78.1B
| $7.41M | 0.02% |
67,067
+23,220
| +53% | +$2.58M |
|
538
Constellation Brands
STZ
$22.2B
| $7.39M | 0.02% |
51,483
+33,948
| +194% | +$4.67M |
|
539
Automatic Data Processing
ADP
$106B
| $7.38M | 0.02% |
89,695
+50,216
| +127% | +$4.32M |
|
540
First Trust S&P REIT Index Fund
FRI
$189M
| $7.33M | 0.02% |
329,787
+233,589
| +243% | +$5.11M |
|
541
Yum! Brands
YUM
$41.8B
| $7.32M | 0.02% |
141,369
+75,829
| +116% | +$3.96M |
|
542
VanEck Junior Gold Miners ETF
GDXJ
$6.89B
| $7.31M | 0.02% |
368,595
+175,370
| +91% | +$3.53M |
|
543
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $7.3M | 0.02% |
391,381
+200,067
| +105% | +$3.85M |
|
|
GPT
544
DELISTED
Gramercy Property Trust
GPT
| $7.29M | 0.02% |
+319,666
| New | +$19.9M |
|
545
Illumina
ILMN
$31B
| $7.25M | 0.02% |
41,875
+17,823
| +74% | +$2.88M |
|
546
Nuveen Real Estate Income Fund
JRS
$249M
| $7.25M | 0.02% |
682,796
+343,547
| +101% | +$3.63M |
|
547
Vanguard FTSE Pacific ETF
VPL
$8.08B
| $7.25M | 0.02% |
129,393
+52,687
| +69% | +$3.02M |
|
|
CBI
548
DELISTED
Chicago Bridge & Iron Nv
CBI
| $7.24M | 0.02% |
186,922
+88,569
| +90% | +$3.68M |
|
549
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $7.23M | 0.02% |
102,915
+46,540
| +83% | +$3.32M |
|
550
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$770M
| $7.23M | 0.02% |
283,793
+161,992
| +133% | +$4.26M |
|
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.