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 | |
|---|---|---|---|---|---|---|
976
iShares Morningstar Small-Cap Growth ETF
ISCG
$975M
| $1.7M | 0.01% |
75,492
-4,530
| -6% | -$97.9K |
|
977
iShares Expanded Tech-Software Sector ETF
IGV
$12.2B
| $1.7M | 0.01% |
91,415
-5,025
| -5% | -$89.9K |
|
978
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.84B
| $1.7M | 0.01% |
42,914
-2,699
| -6% | -$110K |
|
|
SIAL
979
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $1.69M | 0.01% |
12,333
+379
| +3% | +$51.5K |
|
|
HAR
980
DELISTED
Harman International Industries
HAR
| $1.69M | 0.01% |
15,810
+5,053
| +47% | +$520K |
|
|
CY
981
DELISTED
Cypress Semiconductor
CY
| $1.69M | 0.01% |
118,169
+35,122
| +42% | +$388K |
|
982
Flowserve
FLS
$9.29B
| $1.69M | 0.01% |
28,180
-2,989
| -10% | -$190K |
|
|
KTF
983
DWS Municipal Income Trust
KTF
$347M
| $1.68M | 0.01% |
125,980
+1,211
| +1% | +$16.2K |
|
984
Huntsman Corp
HUN
$2.06B
| $1.67M | 0.01% |
73,414
-3,006
| -4% | -$72.9K |
|
|
DATA
985
DELISTED
Tableau Software, Inc.
DATA
| $1.67M | 0.01% |
19,724
-7,237
| -27% | -$576K |
|
986
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.5M
| $1.67M | 0.01% |
32,742
+10,045
| +44% | +$493K |
|
987
Equifax
EFX
$20.8B
| $1.67M | 0.01% |
20,604
-217
| -1% | -$16.8K |
|
988
Deckers Outdoor
DECK
$13.3B
| $1.67M | 0.01% |
109,764
+594
| +0.5% | +$9.04K |
|
|
MRSH
989
Marsh
MRSH
$87.5B
| $1.67M | 0.01% |
29,093
+115
| +0.4% | +$6.31K |
|
990
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$259M
| $1.66M | 0.01% |
+21,340
| New | +$1.6M |
|
991
Old Dominion Freight Line
ODFL
$47.2B
| $1.66M | 0.01% |
64,236
+25,203
| +65% | +$625K |
|
992
Suncor Energy
SU
$75.6B
| $1.65M | 0.01% |
52,031
-4,823
| -8% | -$160K |
|
993
Las Vegas Sands
LVS
$31.6B
| $1.65M | 0.01% |
28,388
-8,436
| -23% | -$509K |
|
994
NetEase
NTES
$79.2B
| $1.65M | 0.01% |
83,190
+6,620
| +9% | +$127K |
|
|
GAS
995
DELISTED
AGL Resources Inc
GAS
| $1.65M | 0.01% |
30,193
-475
| -2% | -$25.1K |
|
|
SDRL
996
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.64M | 0.01% |
514
-139
| -21% | -$698K |
|
997
Masco
MAS
$16.4B
| $1.64M | 0.01% |
74,104
-466
| -0.6% | -$9.62K |
|
998
Sprott Physical Silver Trust
PSLV
$12B
| $1.64M | 0.01% |
266,410
+24,987
| +10% | +$165K |
|
999
Salesforce
CRM
$142B
| $1.64M | 0.01% |
27,566
+3,838
| +16% | +$226K |
|
1000
BlackRock Limited Duration Income Trust
BLW
$492M
| $1.63M | 0.01% |
103,479
+1,153
| +1% | +$18.4K |
|
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.