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 | |
|---|---|---|---|---|---|---|
|
BNY
751
Bank of New York Mellon
BNY
$106B
| $4.63M | 0.01% |
116,318
+39,952
| +52% | +$1.68M |
|
|
TEF
752
DELISTED
Telefonica
TEF
| $4.63M | 0.01% |
555,817
+235,486
| +74% | +$2.23M |
|
753
Ulta Beauty
ULTA
$22B
| $4.61M | 0.01% |
25,218
+5,810
| +30% | +$1M |
|
754
iShares Expanded Tech-Software Sector ETF
IGV
$12.7B
| $4.6M | 0.01% |
226,670
+142,310
| +169% | +$2.94M |
|
755
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
$3.09B
| $4.6M | 0.01% |
160,976
+87,454
| +119% | +$2.48M |
|
|
STZ.B
756
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $4.6M | 0.01% |
31,998
+25,548
| +396% | +$3.52M |
|
757
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $4.59M | 0.01% |
79,963
+39,127
| +96% | +$2.27M |
|
|
CERN
758
DELISTED
Cerner Corp
CERN
| $4.57M | 0.01% |
78,722
+7,117
| +10% | +$438K |
|
759
Lumen
LUMN
$6.57B
| $4.56M | 0.01% |
182,653
+81,488
| +81% | +$2.19M |
|
760
AB InBev
BUD
$170B
| $4.56M | 0.01% |
37,184
-8,051
| -18% | -$974K |
|
761
Sinclair Inc
SBGI
$992M
| $4.54M | 0.01% |
146,380
+55,290
| +61% | +$1.76M |
|
|
WFM
762
DELISTED
Whole Foods Market Inc
WFM
| $4.53M | 0.01% |
134,652
+76,685
| +132% | +$2.44M |
|
763
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.26B
| $4.53M | 0.01% |
98,630
+57,596
| +140% | +$2.74M |
|
764
Zimmer Biomet
ZBH
$18.2B
| $4.51M | 0.01% |
44,731
+25,802
| +136% | +$2.52M |
|
765
iShares US Basic Materials ETF
IYM
$1.12B
| $4.49M | 0.01% |
64,802
+34,575
| +114% | +$2.49M |
|
766
MetLife
MET
$61.9B
| $4.49M | 0.01% |
108,415
+21,375
| +25% | +$940K |
|
767
FlexShares Quality Dividend Index Fund
QDF
$2.22B
| $4.47M | 0.01% |
129,282
+73,848
| +133% | +$2.62M |
|
|
GGN
768
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$766M
| $4.45M | 0.01% |
888,868
+184,060
| +26% | +$957K |
|
769
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$473M
| $4.41M | 0.01% |
88,041
+36,180
| +70% | +$1.89M |
|
|
CA
770
DELISTED
CA, Inc.
CA
| $4.41M | 0.01% |
158,002
+47,854
| +43% | +$1.34M |
|
771
Carnival Corporation Ltd
CCL
$38.1B
| $4.37M | 0.01% |
81,349
+42,644
| +110% | +$2.21M |
|
|
BSCL
772
DELISTED
Invesco BulletShares 2021 Corporate Bond ETF
BSCL
| $4.35M | 0.01% |
211,527
+111,377
| +111% | +$2.31M |
|
773
Entergy
ETR
$50.2B
| $4.35M | 0.01% |
126,200
+54,324
| +76% | +$1.83M |
|
774
iShares Global 100 ETF
IOO
$8.93B
| $4.35M | 0.01% |
121,668
+62,052
| +104% | +$2.3M |
|
|
PGP
775
PIMCO Global StockPLUS & Income Fund
PGP
$98.1M
| $4.34M | 0.01% |
237,584
+144,168
| +154% | +$2.53M |
|
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.