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 | |
|---|---|---|---|---|---|---|
1126
Schwab US TIPS ETF
SCHP
$16.3B
| $2.15M | 0.01% |
80,636
+39,250
| +95% | +$1.05M |
|
|
EFR
1127
Eaton Vance Senior Floating-Rate Fund
EFR
$312M
| $2.14M | 0.01% |
172,040
+84,805
| +97% | +$1.08M |
|
1128
Sanmina
SANM
$9.95B
| $2.14M | 0.01% |
107,050
+47,120
| +79% | +$1.05M |
|
1129
lululemon athletica
LULU
$13.5B
| $2.14M | 0.01% |
38,462
+21,464
| +126% | +$1.08M |
|
|
TLI
1130
DELISTED
Western Asset Corporate Loan Fund Inc.
TLI
| $2.14M | 0.01% |
216,926
+99,575
| +85% | +$995K |
|
1131
Newmont
NEM
$98.7B
| $2.12M | 0.01% |
115,135
+45,664
| +66% | +$839K |
|
1132
Invesco Municipal Income Opportunities Trust
OIA
$289M
| $2.11M | 0.01% |
285,133
+133,338
| +88% | +$936K |
|
|
BSJJ
1133
DELISTED
Invesco BulletShares 2019 High Yield Corporate Bond ETF
BSJJ
| $2.1M | 0.01% |
92,252
+68,359
| +286% | +$1.61M |
|
1134
Mid-America Apartment Communities
MAA
$15.4B
| $2.1M | 0.01% |
23,030
+18,141
| +371% | +$1.58M |
|
|
ETFC
1135
DELISTED
E*Trade Financial Corporation
ETFC
| $2.1M | 0.01% |
73,183
+28,778
| +65% | +$827K |
|
|
CHW
1136
Calamos Global Dynamic Income Fund
CHW
$530M
| $2.09M | 0.01% |
291,209
+143,459
| +97% | +$1.06M |
|
1137
Newell Brands
NWL
$2.38B
| $2.09M | 0.01% |
48,052
+33,703
| +235% | +$1.48M |
|
1138
National Beverage
FIZZ
$2.96B
| $2.08M | 0.01% |
+96,916
| New | +$1.88M |
|
|
ZMLP
1139
DELISTED
Direxion Zacks MLP High Income Index Shares
ZMLP
| $2.08M | 0.01% |
14,910
+6,275
| +73% | +$1.04M |
|
|
WIN
1140
DELISTED
Windstream Holdings Inc
WIN
| $2.08M | 0.01% |
68,209
+34,422
| +102% | +$1.11M |
|
1141
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.4B
| $2.07M | 0.01% |
107,830
+56,240
| +109% | +$1.11M |
|
1142
Celanese
CE
$4.9B
| $2.07M | 0.01% |
30,868
+14,483
| +88% | +$984K |
|
1143
Alnylam Pharmaceuticals
ALNY
$27.5B
| $2.06M | 0.01% |
21,748
+10,779
| +98% | +$999K |
|
|
SWFT
1144
DELISTED
Swift Transportation Company
SWFT
| $2.06M | 0.01% |
144,882
+56,769
| +64% | +$865K |
|
1145
Old Dominion Freight Line
ODFL
$44.1B
| $2.05M | 0.01% |
104,412
+35,226
| +51% | +$731K |
|
1146
Avista
AVA
$3.34B
| $2.04M | 0.01% |
57,726
+28,396
| +97% | +$973K |
|
1147
Capri Holdings
CPRI
$1.83B
| $2.04M | 0.01% |
50,176
+25,501
| +103% | +$1.05M |
|
1148
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $2.04M | 0.01% |
155,628
-188,805
| -55% | -$2.73M |
|
1149
iShares MSCI India ETF
INDA
$6.89B
| $2.04M | 0.01% |
75,044
+38,918
| +108% | +$1.09M |
|
1150
Gladstone Capital
GLAD
$422M
| $2.03M | 0.01% |
139,063
+70,200
| +102% | +$1.18M |
|
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.