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 | |
|---|---|---|---|---|---|---|
826
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$585M
| $2.21M | 0.01% |
75,048
+6,131
| +9% | +$173K |
|
827
BlackRock Multi-Sector Income Trust
BIT
$694M
| $2.21M | 0.01% |
131,474
-12,841
| -9% | -$224K |
|
828
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$39.8B
| $2.2M | 0.01% |
81,634
-13,139
| -14% | -$363K |
|
829
Invesco International Corporate Bond ETF
PICB
$352M
| $2.19M | 0.01% |
77,115
-13,078
| -15% | -$376K |
|
830
Netflix
NFLX
$293B
| $2.19M | 0.01% |
449,190
+99,540
| +28% | +$534K |
|
831
Stanley Black & Decker
SWK
$14.6B
| $2.19M | 0.01% |
22,776
+3,081
| +16% | +$284K |
|
832
VanEck Preferred Securities ex Financials ETF
PFXF
$2.4B
| $2.18M | 0.01% |
106,071
+6,680
| +7% | +$137K |
|
833
Mattel
MAT
$4.3B
| $2.18M | 0.01% |
70,529
-12,037
| -15% | -$370K |
|
834
Huntington Ingalls Industries
HII
$11.4B
| $2.17M | 0.01% |
19,344
-949
| -5% | -$99.7K |
|
835
Edison International
EIX
$30.3B
| $2.17M | 0.01% |
33,193
+9,935
| +43% | +$617K |
|
|
FTR
836
DELISTED
Frontier Communications Corp.
FTR
| $2.16M | 0.01% |
21,625
-1,544
| -7% | -$151K |
|
|
SPLK
837
DELISTED
Splunk Inc
SPLK
| $2.16M | 0.01% |
36,588
+219
| +0.6% | +$13.4K |
|
838
Invesco California Value Municipal Income Trust
VCV
$516M
| $2.16M | 0.01% |
167,682
+6,281
| +4% | +$78.5K |
|
839
PG&E
PCG
$47.2B
| $2.15M | 0.01% |
40,350
+5,741
| +17% | +$284K |
|
|
GG
840
DELISTED
Goldcorp Inc
GG
| $2.15M | 0.01% |
115,959
-12,628
| -10% | -$259K |
|
841
Banco Santander
SAN
$200B
| $2.15M | 0.01% |
277,795
-15,248
| -5% | -$122K |
|
842
B&G Foods
BGS
$291M
| $2.13M | 0.01% |
71,332
+6,730
| +10% | +$195K |
|
843
Cooper Companies
COO
$13.7B
| $2.13M | 0.01% |
52,492
+4,004
| +8% | +$161K |
|
844
Kite Realty
KRG
$5.99B
| $2.12M | 0.01% |
73,841
-27,203
| -27% | -$720K |
|
845
iShares 10-20 Year Treasury Bond ETF
TLH
$11.1B
| $2.11M | 0.01% |
15,636
+4,494
| +40% | +$600K |
|
846
iShares Global Comm Services ETF
IXP
$522M
| $2.11M | 0.01% |
35,144
+4,786
| +16% | +$298K |
|
847
Invesco Aerospace & Defense ETF
PPA
$8.37B
| $2.11M | 0.01% |
60,724
+17,581
| +41% | +$586K |
|
848
Vident International Equity Strategy
VIDI
$432M
| $2.11M | 0.01% |
91,087
+39,479
| +76% | +$940K |
|
|
SPLS
849
DELISTED
Staples Inc
SPLS
| $2.11M | 0.01% |
116,389
-17,064
| -13% | -$238K |
|
850
Nuveen Credit Strategies Income Fund
JQC
$702M
| $2.1M | 0.01% |
239,384
-7,358
| -3% | -$64.4K |
|
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.