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 | |
|---|---|---|---|---|---|---|
776
Digital Realty Trust
DLR
$69.7B
| $4.34M | 0.01% |
56,875
+29,575
| +108% | +$2.13M |
|
777
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.52B
| $4.33M | 0.01% |
103,260
+53,236
| +106% | +$2.28M |
|
778
Goodyear
GT
$2B
| $4.32M | 0.01% |
140,622
+62,346
| +80% | +$2.04M |
|
779
Alaska Air
ALK
$5.29B
| $4.31M | 0.01% |
55,951
+23,709
| +74% | +$1.88M |
|
780
iShares International Treasury Bond ETF
IGOV
$1.53B
| $4.31M | 0.01% |
96,440
+46,630
| +94% | +$2.1M |
|
781
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.31B
| $4.31M | 0.01% |
96,603
+51,647
| +115% | +$2.41M |
|
782
Old Republic International
ORI
$10.5B
| $4.3M | 0.01% |
230,598
+116,712
| +102% | +$2.1M |
|
|
FEN
783
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $4.3M | 0.01% |
184,589
+67,130
| +57% | +$1.63M |
|
784
Tyson Foods
TSN
$20.4B
| $4.29M | 0.01% |
82,128
+26,650
| +48% | +$1.28M |
|
785
Broadcom
AVGO
$1.85T
| $4.26M | 0.01% |
310,030
+117,650
| +61% | +$1.53M |
|
786
Macy's
M
$6.53B
| $4.26M | 0.01% |
115,278
+86,854
| +306% | +$3.76M |
|
787
iShares MSCI USA Quality Factor ETF
QUAL
$46.4B
| $4.26M | 0.01% |
66,148
+61,714
| +1,392% | +$4M |
|
|
GAS
788
DELISTED
AGL Resources Inc
GAS
| $4.25M | 0.01% |
66,357
+34,529
| +108% | +$2.15M |
|
|
NZH
789
DELISTED
Nuveen Calif Div
NZH
| $4.24M | 0.01% |
296,002
+186,038
| +169% | +$2.54M |
|
790
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $4.24M | 0.01% |
455,490
+225,236
| +98% | +$2.06M |
|
791
Prudential Financial
PRU
$42.4B
| $4.22M | 0.01% |
52,996
+11,627
| +28% | +$961K |
|
792
Masco
MAS
$14.1B
| $4.21M | 0.01% |
152,019
+56,513
| +59% | +$1.61M |
|
793
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $4.2M | 0.01% |
101,741
+55,067
| +118% | +$2.39M |
|
794
Nuveen Real Asset Income & Growth Fund
JRI
$356M
| $4.2M | 0.01% |
276,068
+160,914
| +140% | +$2.55M |
|
795
Synaptics
SYNA
$4.19B
| $4.18M | 0.01% |
58,918
+34,217
| +139% | +$2.91M |
|
796
iShares Treasury Floating Rate Bond ETF
TFLO
$6.54B
| $4.14M | 0.01% |
82,854
+48,930
| +144% | +$2.45M |
|
797
EOG Resources
EOG
$79.2B
| $4.13M | 0.01% |
58,844
-2,247
| -4% | -$182K |
|
798
Nuveen Taxable Municipal Income Fund
NBB
$447M
| $4.13M | 0.01% |
204,097
+184,550
| +944% | +$3.67M |
|
799
First Trust Dividend Strength ETF
FTDS
$38.7M
| $4.12M | 0.01% |
171,666
+90,062
| +110% | +$2.25M |
|
|
HIO
800
Western Asset High Income Opportunity Fund
HIO
$336M
| $4.1M | 0.01% |
884,560
+377,418
| +74% | +$1.77M |
|
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.