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 | |
|---|---|---|---|---|---|---|
|
PFN
1051
PIMCO Income Strategy Fund II
PFN
$698M
| $2.44M | 0.01% |
278,981
+131,525
| +89% | +$1.18M |
|
1052
Trane Technologies
TT
$101B
| $2.44M | 0.01% |
44,731
+22,695
| +103% | +$1.28M |
|
1053
CEMIG Preferred Shares
CIG
$6.26B
| $2.44M | 0.01% |
3,467,859
+3,415,257
| +6,493% | +$3.15M |
|
1054
BlackRock Multi-Sector Income Trust
BIT
$698M
| $2.44M | 0.01% |
153,369
+77,095
| +101% | +$1.22M |
|
|
SNDK
1055
DELISTED
SANDISK CORP
SNDK
| $2.43M | 0.01% |
31,960
-2,845
| -8% | -$208K |
|
1056
Dollar General
DG
$28B
| $2.43M | 0.01% |
33,354
+9,019
| +37% | +$612K |
|
1057
Energy Transfer Partners
ET
$70.1B
| $2.42M | 0.01% |
173,440
+78,472
| +83% | +$1.47M |
|
1058
iShares Russell Top 200 ETF
IWL
$2.19B
| $2.41M | 0.01% |
52,308
+27,623
| +112% | +$1.3M |
|
1059
Vanguard Communication Services ETF
VOX
$5.59B
| $2.4M | 0.01% |
28,770
+9,573
| +50% | +$803K |
|
1060
Keurig Dr Pepper
KDP
$42.3B
| $2.4M | 0.01% |
25,695
+15,045
| +141% | +$1.33M |
|
|
PKO
1061
DELISTED
Pimco Income Opportunity Fund
PKO
| $2.39M | 0.01% |
112,486
+55,794
| +98% | +$1.26M |
|
|
BFK
1062
DELISTED
BlackRock Municipal Income Trust
BFK
| $2.39M | 0.01% |
160,996
+89,856
| +126% | +$1.29M |
|
|
PEO
1063
Adams Natural Resources Fund
PEO
$739M
| $2.39M | 0.01% |
141,853
+78,054
| +122% | +$1.46M |
|
1064
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $2.38M | 0.01% |
89,048
+42,466
| +91% | +$1.19M |
|
|
CBA
1065
DELISTED
ClearBridge American Energy MLP
CBA
| $2.38M | 0.01% |
280,232
+203,724
| +266% | +$2.02M |
|
|
HAR
1066
DELISTED
Harman International Industries
HAR
| $2.38M | 0.01% |
24,745
+8,772
| +55% | +$889K |
|
1067
JB Hunt Transport Services
JBHT
$25.5B
| $2.36M | 0.01% |
32,727
+16,327
| +100% | +$1.23M |
|
1068
Banner Corp
BANR
$2.39B
| $2.36M | 0.01% |
53,096
+25,990
| +96% | +$1.28M |
|
1069
HP
HPQ
$24.9B
| $2.36M | 0.01% |
201,157
-30,082
| -13% | -$385K |
|
|
JRO
1070
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $2.35M | 0.01% |
239,609
+122,323
| +104% | +$1.2M |
|
|
CY
1071
DELISTED
Cypress Semiconductor
CY
| $2.33M | 0.01% |
253,286
+157,478
| +164% | +$1.57M |
|
|
PHT
1072
DELISTED
Pioneer High Income Fund
PHT
| $2.33M | 0.01% |
244,157
+106,897
| +78% | +$1.09M |
|
1073
Edison International
EIX
$28.2B
| $2.32M | 0.01% |
39,385
+16,937
| +75% | +$1.04M |
|
1074
GoPro
GPRO
$130M
| $2.32M | 0.01% |
125,490
+62,023
| +98% | +$1.44M |
|
|
HBI
1075
DELISTED
Hanesbrands
HBI
| $2.32M | 0.01% |
77,296
+39,690
| +106% | +$1.19M |
|
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.