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 | |
|---|---|---|---|---|---|---|
876
Schwab Emerging Markets Equity ETF
SCHE
$12.6B
| $3.47M | 0.01% |
182,328
-80,957
| -31% | -$1.7M |
|
877
State Street SPDR S&P International Small Cap ETF
GWX
$856M
| $3.46M | 0.01% |
124,304
+60,646
| +95% | +$1.75M |
|
|
SRC
878
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $3.45M | 0.01% |
76,606
+33,890
| +79% | +$1.5M |
|
879
Edwards Lifesciences
EW
$49.6B
| $3.43M | 0.01% |
128,574
+44,082
| +52% | +$1.14M |
|
880
iShares US Telecommunications ETF
IYZ
$1.2B
| $3.41M | 0.01% |
120,073
+61,822
| +106% | +$1.8M |
|
|
TE
881
DELISTED
TECO ENERGY INC
TE
| $3.4M | 0.01% |
126,023
+64,461
| +105% | +$1.72M |
|
882
Marathon Petroleum
MPC
$92.4B
| $3.4M | 0.01% |
67,137
+36,663
| +120% | +$1.92M |
|
|
HOT
883
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $3.39M | 0.01% |
49,900
+2,718
| +6% | +$194K |
|
|
EFII
884
DELISTED
Electronics for Imaging
EFII
| $3.39M | 0.01% |
75,544
+31,172
| +70% | +$1.47M |
|
|
MLPI
885
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $3.38M | 0.01% |
128,309
+64,448
| +101% | +$1.74M |
|
886
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.14B
| $3.36M | 0.01% |
85,806
+37,497
| +78% | +$1.5M |
|
887
Cambria Shareholder Yield ETF
SYLD
$987M
| $3.35M | 0.01% |
117,535
+56,459
| +92% | +$1.74M |
|
888
Royce Value Trust
RVT
$2.21B
| $3.34M | 0.01% |
285,949
+152,624
| +114% | +$1.82M |
|
|
SVC
889
Service Properties Trust
SVC
$1.04B
| $3.34M | 0.01% |
25,419
+16,903
| +198% | +$2.27M |
|
|
STJ
890
DELISTED
St Jude Medical
STJ
| $3.33M | 0.01% |
54,774
+21,064
| +62% | +$1.33M |
|
891
Trinity Industries
TRN
$2.48B
| $3.33M | 0.01% |
197,435
+95,844
| +94% | +$1.78M |
|
|
FDIQ
892
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$52.2M
| $3.33M | 0.01% |
83,182
+55,878
| +205% | +$2.39M |
|
893
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $3.32M | 0.01% |
141,968
+78,045
| +122% | +$1.95M |
|
894
iShares Global Comm Services ETF
IXP
$529M
| $3.32M | 0.01% |
57,951
+25,987
| +81% | +$1.54M |
|
|
SNV
895
DELISTED
Synovus
SNV
| $3.31M | 0.01% |
105,505
+57,683
| +121% | +$1.84M |
|
896
First Trust Small Cap Value AlphaDEX Fund
FYT
$191M
| $3.29M | 0.01% |
124,399
+53,367
| +75% | +$1.52M |
|
897
Fidelity MSCI Health Care Index ETF
FHLC
$3.28B
| $3.29M | 0.01% |
96,879
+49,206
| +103% | +$1.66M |
|
898
VanEck Brazil Small-Cap ETF
BRF
$21.9M
| $3.29M | 0.01% |
332,469
+314,076
| +1,708% | +$3.67M |
|
899
Chubb
CB
$135B
| $3.29M | 0.01% |
28,588
+6,333
| +28% | +$717K |
|
900
Humana
HUM
$43.7B
| $3.28M | 0.01% |
18,270
+15,950
| +688% | +$2.8M |
|
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.