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 | |
|---|---|---|---|---|---|---|
726
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
| $4.9M | 0.01% |
44,578
+24,034
| +117% | +$2.65M |
|
|
CXP
727
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $4.86M | 0.01% |
209,780
+92,383
| +79% | +$2.24M |
|
728
Danaher
DHR
$137B
| $4.84M | 0.01% |
78,430
-63,149
| -45% | -$3.95M |
|
729
iShares JPMorgan EM High Yield Bond ETF
EMHY
$620M
| $4.83M | 0.01% |
107,280
-41,477
| -28% | -$1.92M |
|
730
Vanguard S&P 500 Value ETF
VOOV
$6.59B
| $4.79M | 0.01% |
56,718
+31,702
| +127% | +$2.73M |
|
731
Prospect Capital
PSEC
$1.07B
| $4.77M | 0.01% |
669,239
+312,363
| +88% | +$2.27M |
|
|
ETB
732
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$454M
| $4.76M | 0.01% |
289,119
+201,540
| +230% | +$3.25M |
|
|
WBIC
733
DELISTED
WBI BullBear Yield 2000 ETF
WBIC
| $4.76M | 0.01% |
223,884
+116,552
| +109% | +$2.59M |
|
734
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $4.75M | 0.01% |
140,850
+64,425
| +84% | +$2.27M |
|
735
Becton Dickinson
BDX
$45.6B
| $4.75M | 0.01% |
32,784
+15,309
| +88% | +$2.2M |
|
736
Snap-on
SNA
$21.2B
| $4.74M | 0.01% |
28,151
+14,258
| +103% | +$2.37M |
|
|
BFZ
737
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $4.74M | 0.01% |
297,195
+167,998
| +130% | +$2.61M |
|
738
WEC Energy
WEC
$35.7B
| $4.73M | 0.01% |
91,272
+22,095
| +32% | +$1.13M |
|
739
NetEase
NTES
$85.3B
| $4.71M | 0.01% |
135,335
+93,415
| +223% | +$2.91M |
|
|
BSJH
740
DELISTED
Guggenheim BulletShares 2017 High Yield Corporate Bond ETF
BSJH
| $4.7M | 0.01% |
188,082
+98,130
| +109% | +$2.5M |
|
741
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $4.7M | 0.01% |
107,334
+50,248
| +88% | +$2.31M |
|
742
iShares MSCI Germany ETF
EWG
$1.59B
| $4.69M | 0.01% |
185,403
+71,028
| +62% | +$1.88M |
|
743
Chipotle Mexican Grill
CMG
$47.2B
| $4.69M | 0.01% |
522,500
+331,550
| +174% | +$4.06M |
|
744
Aflac
AFL
$64.9B
| $4.69M | 0.01% |
158,656
+57,524
| +57% | +$1.79M |
|
|
PCL
745
DELISTED
PLUM CREEK TIMBER CO (REIT)
PCL
| $4.69M | 0.01% |
98,486
+36,538
| +59% | +$1.66M |
|
746
A.O. Smith
AOS
$8.17B
| $4.68M | 0.01% |
125,162
+89,704
| +253% | +$3.38M |
|
747
Selective Insurance
SIGI
$5.65B
| $4.68M | 0.01% |
142,180
+71,090
| +100% | +$2.46M |
|
|
ARII
748
DELISTED
American Railcar Industries, Inc.
ARII
| $4.67M | 0.01% |
103,774
+50,079
| +93% | +$2.49M |
|
749
BCE
BCE
$20.2B
| $4.64M | 0.01% |
119,914
+50,831
| +74% | +$2.14M |
|
750
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $4.64M | 0.01% |
210,948
+143,239
| +212% | +$2.99M |
|
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.