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 | |
|---|---|---|---|---|---|---|
551
Invesco Municipal Opportunity Trust
VMO
$651M
| $7.23M | 0.02% |
544,100
+278,539
| +105% | +$3.56M |
|
552
Exelon
EXC
$47.2B
| $7.22M | 0.02% |
359,589
+128,333
| +55% | +$2.6M |
|
553
Blackrock
BLK
$169B
| $7.2M | 0.02% |
21,539
+6,110
| +40% | +$2.08M |
|
554
Stryker
SYK
$125B
| $7.19M | 0.02% |
79,156
+39,266
| +98% | +$3.76M |
|
555
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.15B
| $7.17M | 0.02% |
147,452
+88,562
| +150% | +$4.53M |
|
556
State Street SPDR S&P International Dividend ETF
DWX
$529M
| $7.12M | 0.02% |
217,637
+101,977
| +88% | +$3.59M |
|
557
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.19B
| $7.12M | 0.02% |
160,354
+69,686
| +77% | +$3.18M |
|
558
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.9B
| $7.07M | 0.02% |
229,257
+90,624
| +65% | +$3.11M |
|
559
iShares MSCI South Korea ETF
EWY
$21.9B
| $7.02M | 0.02% |
144,102
+64,524
| +81% | +$3.39M |
|
560
PayPal
PYPL
$48.9B
| $7.01M | 0.02% |
204,314
+73,538
| +56% | +$2.59M |
|
561
Invesco Large Cap Growth ETF
PWB
$2.29B
| $7M | 0.02% |
227,620
+140,807
| +162% | +$4.37M |
|
|
EVV
562
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $6.99M | 0.02% |
550,181
+324,268
| +144% | +$4.16M |
|
563
Vanguard Russell 2000 Growth ETF
VTWG
$1.47B
| $6.99M | 0.02% |
70,858
+32,394
| +84% | +$3.33M |
|
564
Conagra Brands
CAG
$6.94B
| $6.97M | 0.02% |
215,537
+119,887
| +125% | +$3.83M |
|
565
VanEck Agribusiness ETF
MOO
$972M
| $6.97M | 0.02% |
151,881
+65,767
| +76% | +$3.16M |
|
|
WBIE
566
DELISTED
WBI BullBear Rising Income 3000 ETF
WBIE
| $6.93M | 0.02% |
305,792
+162,381
| +113% | +$3.76M |
|
567
iShares US Medical Devices ETF
IHI
$3.13B
| $6.92M | 0.02% |
346,452
+146,766
| +73% | +$2.94M |
|
568
WBI BullBear Value 3000 ETF
WBIF
$23.5M
| $6.92M | 0.02% |
307,338
+159,474
| +108% | +$3.64M |
|
569
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $6.89M | 0.02% |
315,258
+106,887
| +51% | +$2.44M |
|
570
Mattel
MAT
$4.38B
| $6.88M | 0.02% |
252,390
+129,091
| +105% | +$3.18M |
|
571
BlackRock Taxable Municipal Bond Trust
BBN
$978M
| $6.87M | 0.02% |
321,373
+147,948
| +85% | +$3.03M |
|
572
Invesco S&P 500 Equal Weight Consumer Staples ETF
RSPS
$248M
| $6.83M | 0.02% |
296,805
+178,905
| +152% | +$4.02M |
|
573
Johnson Controls International
JCI
$88.8B
| $6.83M | 0.02% |
169,027
+76,501
| +83% | +$3.46M |
|
574
WisdomTree International Hedged Quality Dividend Growth Fund
IHDG
$2.22B
| $6.82M | 0.02% |
262,378
+175,393
| +202% | +$4.65M |
|
|
FPF
575
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $6.81M | 0.02% |
318,405
+149,994
| +89% | +$3.23M |
|
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.