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 | |
|---|---|---|---|---|---|---|
601
Bath & Body Works
BBWI
$4.06B
| $6.5M | 0.02% |
83,319
+43,960
| +112% | +$3.4M |
|
|
TWX
602
DELISTED
Time Warner Inc
TWX
| $6.49M | 0.02% |
98,997
+16,617
| +20% | +$1.16M |
|
603
iShares Global Consumer Staples ETF
KXI
$1.07B
| $6.47M | 0.02% |
140,868
+70,576
| +100% | +$3.29M |
|
|
BPL
604
DELISTED
Buckeye Partners, L.P.
BPL
| $6.44M | 0.02% |
97,621
+48,859
| +100% | +$3.2M |
|
605
PNC Financial Services
PNC
$99.7B
| $6.42M | 0.02% |
68,800
+12,531
| +22% | +$1.16M |
|
606
Schwab US Mid-Cap ETF
SCHM
$14.5B
| $6.42M | 0.02% |
485,925
+260,802
| +116% | +$3.54M |
|
|
ITC
607
DELISTED
ITC HOLDINGS CORP
ITC
| $6.38M | 0.02% |
159,313
+84,112
| +112% | +$2.92M |
|
608
DTE Energy
DTE
$29.5B
| $6.36M | 0.02% |
93,405
+43,349
| +87% | +$2.98M |
|
609
Public Service Enterprise Group
PEG
$38.2B
| $6.3M | 0.02% |
161,805
+51,695
| +47% | +$2.07M |
|
610
Adobe
ADBE
$99.5B
| $6.27M | 0.02% |
67,904
-8,667
| -11% | -$779K |
|
|
TWTR
611
DELISTED
Twitter, Inc.
TWTR
| $6.27M | 0.02% |
286,114
+167,433
| +141% | +$4.47M |
|
612
Toronto Dominion Bank
TD
$198B
| $6.25M | 0.02% |
163,292
+78,833
| +93% | +$3.19M |
|
613
iShares MSCI Sweden ETF
EWD
$546M
| $6.25M | 0.02% |
222,465
+104,479
| +89% | +$3.12M |
|
614
iShares MSCI Switzerland ETF
EWL
$2.19B
| $6.23M | 0.02% |
203,461
+94,825
| +87% | +$2.97M |
|
615
VF Corp
VFC
$5.63B
| $6.22M | 0.02% |
107,820
+37,789
| +54% | +$2.36M |
|
|
TUP
616
DELISTED
Tupperware Brands Corporation
TUP
| $6.21M | 0.02% |
111,086
+59,732
| +116% | +$3.36M |
|
617
iShares Silver Trust
SLV
$28B
| $6.19M | 0.02% |
465,332
+216,645
| +87% | +$3.05M |
|
618
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $6.19M | 0.02% |
128,284
+54,761
| +74% | +$2.65M |
|
|
ETW
619
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $6.15M | 0.02% |
548,996
+291,179
| +113% | +$3.34M |
|
620
VanEck Oil Services ETF
OIH
$2.06B
| $6.14M | 0.02% |
11,704
+6,412
| +121% | +$3.82M |
|
621
First Trust Long/Short Equity ETF
FTLS
$2.46B
| $6.14M | 0.02% |
188,854
+179,631
| +1,948% | +$5.87M |
|
622
Gabelli Equity Trust
GAB
$1.75B
| $6.13M | 0.02% |
1,223,505
+699,202
| +133% | +$3.75M |
|
623
State Street SPDR S&P China ETF
GXC
$462M
| $6.12M | 0.02% |
86,331
+36,453
| +73% | +$2.76M |
|
|
SE
624
DELISTED
Spectra Energy Corp Wi
SE
| $6.12M | 0.02% |
243,404
+120,138
| +97% | +$3.19M |
|
625
Illinois Tool Works
ITW
$82.6B
| $6.12M | 0.02% |
68,158
+32,036
| +89% | +$2.91M |
|
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.