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 | |
|---|---|---|---|---|---|---|
1101
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.62B
| $2.22M | 0.01% |
45,632
+24,220
| +113% | +$1.22M |
|
1102
CME Group
CME
$96.3B
| $2.22M | 0.01% |
24,828
+12,251
| +97% | +$1.15M |
|
1103
VanEck Retail ETF
RTH
$258M
| $2.21M | 0.01% |
28,764
+20,658
| +255% | +$1.6M |
|
1104
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.71B
| $2.2M | 0.01% |
1,873
+987
| +111% | +$1.16M |
|
1105
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.79B
| $2.2M | 0.01% |
69,449
+44,931
| +183% | +$1.55M |
|
|
GHY
1106
PGIM Global High Yield Fund
GHY
$478M
| $2.2M | 0.01% |
154,806
+86,505
| +127% | +$1.22M |
|
1107
Fidelity MSCI Industrials Index ETF
FIDU
$2.3B
| $2.19M | 0.01% |
+81,814
| New | +$2.25M |
|
|
JMF
1108
DELISTED
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
| $2.19M | 0.01% |
195,912
+97,385
| +99% | +$1.2M |
|
1109
TSMC
TSM
$2.1T
| $2.19M | 0.01% |
99,527
+33,536
| +51% | +$754K |
|
|
USG
1110
DELISTED
Usg
USG
| $2.19M | 0.01% |
90,344
+47,476
| +111% | +$1.17M |
|
|
NID
1111
DELISTED
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
| $2.19M | 0.01% |
168,642
+127,671
| +312% | +$1.6M |
|
1112
Adeia
ADEA
$2.94B
| $2.18M | 0.01% |
285,231
+201,523
| +241% | +$1.76M |
|
1113
Nuveen California Municipal Value Fund
NCA
$297M
| $2.18M | 0.01% |
200,661
+116,366
| +138% | +$1.25M |
|
|
ANDV
1114
DELISTED
Andeavor
ANDV
| $2.18M | 0.01% |
20,529
+13,229
| +181% | +$1.43M |
|
|
DMB
1115
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$194M
| $2.18M | 0.01% |
+172,960
| New | +$2.1M |
|
1116
Royal Bank of Canada
RY
$291B
| $2.18M | 0.01% |
41,857
+11,369
| +37% | +$638K |
|
1117
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.24B
| $2.18M | 0.01% |
43,030
+33,551
| +354% | +$1.71M |
|
1118
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.68B
| $2.17M | 0.01% |
72,344
+38,911
| +116% | +$1.21M |
|
1119
Aon
AON
$76.5B
| $2.17M | 0.01% |
23,795
+12,503
| +111% | +$1.16M |
|
1120
Cameco
CCJ
$37.6B
| $2.17M | 0.01% |
183,376
+81,111
| +79% | +$1.04M |
|
|
IGD
1121
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $2.17M | 0.01% |
310,578
+186,826
| +151% | +$1.36M |
|
1122
iShares Emerging Markets Dividend ETF
DVYE
$1.22B
| $2.17M | 0.01% |
74,725
+34,185
| +84% | +$1.1M |
|
|
MHFI
1123
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $2.16M | 0.01% |
22,686
+11,507
| +103% | +$1.09M |
|
|
NPI
1124
DELISTED
NUVEEN PREMIUN INC MUN FUND
NPI
| $2.16M | 0.01% |
151,397
+74,292
| +96% | +$1.01M |
|
1125
Harley-Davidson
HOG
$2.58B
| $2.15M | 0.01% |
47,452
+21,989
| +86% | +$1.08M |
|
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.