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 | |
|---|---|---|---|---|---|---|
876
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $1.95M | 0.01% |
88,594
-54,865
| -38% | -$1.23M |
|
877
Fidelity MSCI Health Care Index ETF
FHLC
$3.3B
| $1.95M | 0.01% |
59,347
+927
| +2% | +$29.6K |
|
878
iShares MSCI EAFE Growth ETF
EFG
$16.4B
| $1.95M | 0.01% |
29,639
-2,350
| -7% | -$157K |
|
879
Intuitive Surgical
ISRG
$128B
| $1.95M | 0.01% |
33,183
+4,689
| +16% | +$261K |
|
880
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.15B
| $1.95M | 0.01% |
38,002
+3,060
| +9% | +$151K |
|
881
iShares Short Maturity Bond ETF
NEAR
$4.82B
| $1.95M | 0.01% |
+38,899
| New | +$1.95M |
|
882
Invesco Large Cap Growth ETF
PWB
$2.29B
| $1.95M | 0.01% |
66,503
-12,895
| -16% | -$362K |
|
883
Centene
CNC
$31.6B
| $1.95M | 0.01% |
74,932
+14,752
| +25% | +$344K |
|
|
SABA
884
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $1.94M | 0.01% |
135,186
+2,602
| +2% | +$39.8K |
|
885
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.32B
| $1.94M | 0.01% |
52,677
-15,137
| -22% | -$574K |
|
886
State Street Global Allocation ETF
GAL
$302M
| $1.94M | 0.01% |
55,848
+33,666
| +152% | +$1.17M |
|
|
TEF
887
DELISTED
Telefonica
TEF
| $1.94M | 0.01% |
180,729
-41,995
| -19% | -$470K |
|
|
EAD
888
Allspring Income Opportunities Fund
EAD
$372M
| $1.94M | 0.01% |
217,736
-162,911
| -43% | -$1.45M |
|
889
Viatris
VTRS
$20.5B
| $1.93M | 0.01% |
34,300
-6,588
| -16% | -$354K |
|
890
Xcel Energy
XEL
$50.4B
| $1.93M | 0.01% |
53,821
-262
| -0.5% | -$8.8K |
|
|
HIO
891
Western Asset High Income Opportunity Fund
HIO
$334M
| $1.93M | 0.01% |
359,564
+3,682
| +1% | +$20.6K |
|
892
Stratasys
SSYS
$700M
| $1.93M | 0.01% |
23,222
-3,491
| -13% | -$357K |
|
|
MCA
893
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $1.93M | 0.01% |
126,949
+14,204
| +13% | +$211K |
|
|
ITC
894
DELISTED
ITC HOLDINGS CORP
ITC
| $1.93M | 0.01% |
47,732
+10,629
| +29% | +$407K |
|
895
Selective Insurance
SIGI
$5.53B
| $1.93M | 0.01% |
71,000
| – | – |
|
896
Check Point Software Technologies
CHKP
$13.6B
| $1.93M | 0.01% |
24,513
+5,886
| +32% | +$437K |
|
897
Eastman Chemical
EMN
$7.74B
| $1.93M | 0.01% |
25,390
+3,452
| +16% | +$273K |
|
898
UBS Group
UBS
$172B
| $1.93M | 0.01% |
+112,934
| New | +$1.93M |
|
899
Manitowoc
MTW
$523M
| $1.93M | 0.01% |
96,138
-5,480
| -5% | -$99.4K |
|
|
EFII
900
DELISTED
Electronics for Imaging
EFII
| $1.92M | 0.01% |
44,880
+57
| +0.1% | +$2.49K |
|
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.