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 | |
|---|---|---|---|---|---|---|
976
Suncor Energy
SU
$79.4B
| $2.8M | 0.01% |
110,588
+49,299
| +80% | +$1.36M |
|
977
Invesco S&P 500 Top 50 ETF
XLG
$10.6B
| $2.8M | 0.01% |
196,700
+102,100
| +108% | +$1.47M |
|
|
VVC
978
DELISTED
Vectren Corporation
VVC
| $2.8M | 0.01% |
65,688
+33,539
| +104% | +$1.44M |
|
979
ProShares Ultra MidCap400
MVV
$153M
| $2.8M | 0.01% |
127,269
+60,675
| +91% | +$1.43M |
|
980
Global X SuperDividend US ETF
DIV
$780M
| $2.8M | 0.01% |
116,322
+57,963
| +99% | +$1.42M |
|
981
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.44B
| $2.79M | 0.01% |
146,397
+82,945
| +131% | +$1.58M |
|
982
RPM International
RPM
$13.7B
| $2.79M | 0.01% |
64,939
+31,033
| +92% | +$1.4M |
|
983
Nuveen Credit Strategies Income Fund
JQC
$704M
| $2.78M | 0.01% |
353,157
+162,004
| +85% | +$1.27M |
|
984
BlackRock Core Bond Trust
BHK
$643M
| $2.77M | 0.01% |
217,737
+113,406
| +109% | +$1.45M |
|
985
Blackstone Mortgage Trust
BXMT
$2.45B
| $2.75M | 0.01% |
102,443
+94,500
| +1,190% | +$2.63M |
|
986
VanEck Long Muni ETF
MLN
$677M
| $2.74M | 0.01% |
137,415
+72,892
| +113% | +$1.43M |
|
|
EIM
987
Eaton Vance Municipal Bond Fund
EIM
$491M
| $2.73M | 0.01% |
208,162
+100,141
| +93% | +$1.28M |
|
988
Essential Utilities
WTRG
$11.3B
| $2.73M | 0.01% |
92,089
+44,417
| +93% | +$1.28M |
|
989
Hershey
HSY
$35.5B
| $2.72M | 0.01% |
31,032
+13,329
| +75% | +$1.2M |
|
|
DIVY
990
DELISTED
Reality Shares DIVS ETF
DIVY
| $2.71M | 0.01% |
117,250
+60,468
| +106% | +$1.44M |
|
|
NCZ
991
Virtus Convertible & Income Fund II
NCZ
$294M
| $2.7M | 0.01% |
132,194
+61,889
| +88% | +$1.3M |
|
992
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $2.7M | 0.01% |
34,465
+16,427
| +91% | +$1.35M |
|
|
DHC
993
Diversified Healthcare Trust
DHC
$2.15B
| $2.69M | 0.01% |
173,814
+83,240
| +92% | +$1.24M |
|
994
Invesco S&P 500 GARP ETF
SPGP
$2.25B
| $2.69M | 0.01% |
80,914
+34,552
| +75% | +$1.17M |
|
|
KTF
995
DWS Municipal Income Trust
KTF
$346M
| $2.69M | 0.01% |
196,595
+80,794
| +70% | +$1.08M |
|
996
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.7M
| $2.69M | 0.01% |
120,750
+46,531
| +63% | +$1.03M |
|
|
FVL
997
DELISTED
First TrustValue Line 100 Exchange-Traded
FVL
| $2.68M | 0.01% |
138,774
+63,490
| +84% | +$1.26M |
|
998
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$290M
| $2.68M | 0.01% |
49,997
+24,612
| +97% | +$1.41M |
|
|
FISV
999
Fiserv Inc
FISV
$28.8B
| $2.66M | 0.01% |
59,168
+27,352
| +86% | +$1.28M |
|
|
NIE
1000
Virtus Equity & Convertible Income Fund
NIE
$719M
| $2.66M | 0.01% |
148,769
+76,709
| +106% | +$1.4M |
|
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.