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 | |
|---|---|---|---|---|---|---|
|
BCR
851
DELISTED
CR Bard Inc.
BCR
| $3.64M | 0.01% |
19,704
+9,889
| +101% | +$1.85M |
|
852
iShares Government/Credit Bond ETF
GBF
$133M
| $3.63M | 0.01% |
32,522
+19,565
| +151% | +$2.2M |
|
|
JWN
853
DELISTED
Nordstrom
JWN
| $3.63M | 0.01% |
72,642
+35,262
| +94% | +$2.14M |
|
854
L3Harris
LHX
$51.6B
| $3.63M | 0.01% |
41,168
+21,940
| +114% | +$1.77M |
|
855
Cirrus Logic
CRUS
$6.53B
| $3.63M | 0.01% |
131,670
+95,249
| +262% | +$2.96M |
|
856
Williams Companies
WMB
$87.5B
| $3.63M | 0.01% |
137,732
+54,552
| +66% | +$1.91M |
|
857
NNN REIT
NNN
$9.04B
| $3.62M | 0.01% |
89,889
+46,200
| +106% | +$1.76M |
|
858
Invesco Quality Municipal Securities
IQI
$522M
| $3.61M | 0.01% |
282,343
+138,853
| +97% | +$1.71M |
|
859
Liberty All-Star Equity Fund
USA
$1.79B
| $3.6M | 0.01% |
696,632
+540,708
| +347% | +$2.88M |
|
860
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.11B
| $3.6M | 0.01% |
155,784
+105,379
| +209% | +$2.47M |
|
861
Freeport-McMoran
FCX
$90B
| $3.59M | 0.01% |
534,896
+208,606
| +64% | +$1.99M |
|
862
Canadian National Railway
CNI
$76.9B
| $3.59M | 0.01% |
66,373
+23,936
| +56% | +$1.4M |
|
863
Wheaton Precious Metals
WPM
$49.5B
| $3.56M | 0.01% |
291,473
+196,252
| +206% | +$2.59M |
|
864
iShares Global Infrastructure ETF
IGF
$10.9B
| $3.55M | 0.01% |
99,634
+44,873
| +82% | +$1.71M |
|
865
Bank of Montreal
BMO
$126B
| $3.54M | 0.01% |
64,673
+33,933
| +110% | +$1.95M |
|
866
Henry Schein
HSIC
$9.77B
| $3.54M | 0.01% |
57,916
+9,813
| +20% | +$583K |
|
867
Simon Property Group
SPG
$74.4B
| $3.54M | 0.01% |
18,048
+8,646
| +92% | +$1.67M |
|
868
Baxter International
BAX
$13.5B
| $3.54M | 0.01% |
94,713
+39,983
| +73% | +$1.46M |
|
869
Invesco Aerospace & Defense ETF
PPA
$8.24B
| $3.53M | 0.01% |
99,168
+57,311
| +137% | +$2.03M |
|
|
FTR
870
DELISTED
Frontier Communications Corp.
FTR
| $3.53M | 0.01% |
49,831
+26,392
| +113% | +$1.96M |
|
871
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $3.52M | 0.01% |
178,489
+73,850
| +71% | +$1.47M |
|
872
VanEck Preferred Securities ex Financials ETF
PFXF
$2.41B
| $3.52M | 0.01% |
181,738
+81,928
| +82% | +$1.59M |
|
|
NFJ
873
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
| $3.5M | 0.01% |
286,749
+126,124
| +79% | +$1.6M |
|
874
iShares Morningstar Small-Cap Growth ETF
ISCG
$970M
| $3.49M | 0.01% |
160,176
+101,316
| +172% | +$2.3M |
|
|
BSJG
875
DELISTED
Guggenheim BulletShares 2016 High Yield Corporate Bond ETF
BSJG
| $3.49M | 0.01% |
134,979
+27,985
| +26% | +$726K |
|
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.