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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$95.3M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$65.5M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$64.9M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$53.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$51.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco BuyBack Achievers ETF
PKW
|
+$112M |
| 2 |
SPDR Gold Trust
GLD
|
+$52.1M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$39.6M |
| 4 |
iShares MSCI Canada ETF
EWC
|
+$33.7M |
| 5 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$32.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.3% |
| 2 | Technology | 3.18% |
| 3 | Healthcare | 3.03% |
| 4 | Industrials | 2.67% |
| 5 | Energy | 2.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
801
First Trust Preferred Securities and Income ETF
FPE
$6.32B
| $2.32M | 0.01% |
123,176
+37,065
| +43% | +$704K |
|
802
ProShares UltraShort Bloomberg Crude Oil
SCO
$693M
| $2.32M | 0.01% |
759
-214
| -22% | -$410K |
|
803
Sinclair Inc
SBGI
$974M
| $2.31M | 0.01% |
84,476
-896
| -1% | -$24.4K |
|
804
iShares MSCI KLD 400 Social ETF
DSI
$5.15B
| $2.3M | 0.01% |
60,150
+5,716
| +11% | +$214K |
|
|
OKS
805
DELISTED
Oneok Partners LP
OKS
| $2.3M | 0.01% |
57,940
+5,950
| +11% | +$282K |
|
806
Invesco S&P Spin-Off ETF
CSD
$223M
| $2.29M | 0.01% |
51,216
-73,146
| -59% | -$3.29M |
|
807
Ross Stores
ROST
$78.1B
| $2.29M | 0.01% |
48,672
+9,754
| +25% | +$412K |
|
808
Invesco Value Municipal Income Trust
IIM
$585M
| $2.29M | 0.01% |
139,663
+3,931
| +3% | +$62.3K |
|
|
SRCL
809
DELISTED
Stericycle Inc
SRCL
| $2.27M | 0.01% |
17,296
+2,166
| +14% | +$273K |
|
810
3D Systems Corp
DDD
$430M
| $2.26M | 0.01% |
68,808
+6,206
| +10% | +$224K |
|
811
T. Rowe Price
TROW
$25.5B
| $2.26M | 0.01% |
26,299
+1,759
| +7% | +$143K |
|
|
HDS
812
DELISTED
HD Supply Holdings, Inc.
HDS
| $2.26M | 0.01% |
76,496
+54,756
| +252% | +$1.54M |
|
|
CHW
813
Calamos Global Dynamic Income Fund
CHW
$538M
| $2.25M | 0.01% |
244,218
+38,561
| +19% | +$340K |
|
|
PX
814
DELISTED
Praxair Inc
PX
| $2.25M | 0.01% |
17,397
-135
| -0.8% | -$17.1K |
|
815
HCA Healthcare
HCA
$86.4B
| $2.24M | 0.01% |
30,563
+11,273
| +58% | +$792K |
|
816
American Water Works
AWK
$26.3B
| $2.23M | 0.01% |
41,924
+3,580
| +9% | +$185K |
|
817
iShares MSCI Malaysia ETF
EWM
$307M
| $2.23M | 0.01% |
41,426
+29,801
| +256% | +$1.73M |
|
818
iShares MSCI EAFE Value ETF
EFV
$28.3B
| $2.23M | 0.01% |
43,688
-6,630
| -13% | -$350K |
|
819
Vanguard Long-Term Bond ETF
BLV
$5.78B
| $2.23M | 0.01% |
23,627
+9,270
| +65% | +$855K |
|
820
Fastenal
FAST
$54.7B
| $2.22M | 0.01% |
186,932
-8,732
| -4% | -$97.8K |
|
821
iShares Global Materials ETF
MXI
$338M
| $2.22M | 0.01% |
39,768
-2,368
| -6% | -$136K |
|
822
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $2.22M | 0.01% |
+93,225
| New | +$2.13M |
|
823
BlackRock Enhanced Captial and Income Fund
CII
$984M
| $2.21M | 0.01% |
158,144
-2,968
| -2% | -$43.4K |
|
824
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE
$14.8M
| $2.21M | 0.01% |
50,494
+2,442
| +5% | +$105K |
|
825
Invesco Global Listed Private Equity ETF
PSP
$230M
| $2.21M | 0.01% |
40,213
-557
| -1% | -$30.7K |
|
Similar funds
LPL Financial's Q4 2014 Portfolio in Review
As of Q4 2014, LPL Financial held 2,914 positions worth $18.3B, up 8.9% from $16.8B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $941M of net new capital in Q4 2014, opening 219 new positions and adding to 1,218 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
By sector, the portfolio is most concentrated in Financials at 3.3% of assets, up from 3.1% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco BuyBack Achievers ETF, an estimated $112M trimmed.
- LPL Financial's largest Q4 2014 buy was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $95.3M increase.
- LPL Financial's biggest Q4 2014 reduction was Invesco BuyBack Achievers ETF, cutting an estimated $112M.
- LPL Financial fully exited KINDER MORGAN ENER PNTRS L.P. in Q4 2014, selling an estimated $20M.
- LPL Financial's ten largest holdings make up 21% of its $18.3B portfolio in Q4 2014.
- LPL Financial opened 219 new positions and closed 192 in Q4 2014.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $18.3B.
Based on LPL Financial's 13F filing for Q4 2014, filed 13 Feb 2015.