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 | |
|---|---|---|---|---|---|---|
1151
Viatris
VTRS
$20.4B
| $2.03M | 0.01% |
37,528
+14,014
| +60% | +$674K |
|
1152
Alliant Energy
LNT
$18.3B
| $2.03M | 0.01% |
64,786
+31,848
| +97% | +$957K |
|
|
BRW
1153
Saba Capital Income & Opportunities Fund
BRW
$336M
| $2.02M | 0.01% |
202,396
+113,910
| +129% | +$1.14M |
|
1154
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$62.6M
| $2.02M | 0.01% |
56,969
+27,604
| +94% | +$1.01M |
|
1155
VanEck Energy Income ETF
EINC
$78.2M
| $2.02M | 0.01% |
28,896
+12,970
| +81% | +$1.25M |
|
1156
HF Sinclair
DINO
$16.5B
| $2.02M | 0.01% |
49,088
+12,532
| +34% | +$593K |
|
|
IBMF
1157
DELISTED
iShares iBonds Sep 2017 Term Muni Bond ETF
IBMF
| $2.02M | 0.01% |
73,789
+38,576
| +110% | +$1.06M |
|
|
WR
1158
DELISTED
Westar Energy Inc
WR
| $2.02M | 0.01% |
47,291
+19,491
| +70% | +$797K |
|
1159
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.76B
| $2.01M | 0.01% |
70,456
+43,348
| +160% | +$1.25M |
|
|
HPF
1160
John Hancock Preferred Income Fund II
HPF
$343M
| $2.01M | 0.01% |
101,006
+54,537
| +117% | +$1.06M |
|
1161
VanEck BDC Income ETF
BIZD
$1.59B
| $2.01M | 0.01% |
125,503
+70,114
| +127% | +$1.15M |
|
|
LGF
1162
DELISTED
Lions Gate Entertainment
LGF
| $2M | 0.01% |
65,638
+55,100
| +523% | +$2.03M |
|
1163
iShares Core 10+ Year USD Bond ETF
ILTB
$592M
| $2M | 0.01% |
34,066
+11,282
| +50% | +$673K |
|
1164
Jack Henry & Associates
JKHY
$10.9B
| $1.99M | 0.01% |
25,532
+17,422
| +215% | +$1.34M |
|
|
MBLY
1165
DELISTED
Mobileye N.V.
MBLY
| $1.98M | 0.01% |
54,894
+24,960
| +83% | +$1.12M |
|
|
PCP
1166
DELISTED
PRECISION CASTPARTS CORP
PCP
| $1.98M | 0.01% |
8,536
+2,249
| +36% | +$520K |
|
1167
WisdomTree True Developed International Fund
DOL
$830M
| $1.98M | 0.01% |
46,794
+25,599
| +121% | +$1.14M |
|
1168
Hasbro
HAS
$13.3B
| $1.98M | 0.01% |
29,050
+11,308
| +64% | +$828K |
|
1169
Cedar Fair
FUN
$1.77B
| $1.98M | 0.01% |
35,685
+17,587
| +97% | +$977K |
|
|
UNIT
1170
Uniti Group
UNIT
$2.36B
| $1.98M | 0.01% |
99,281
+45,749
| +85% | +$881K |
|
1171
Fidelity National Financial
FNF
$13.9B
| $1.98M | 0.01% |
82,840
+38,562
| +87% | +$941K |
|
1172
Royal Gold
RGLD
$16.8B
| $1.97M | 0.01% |
54,042
+3,466
| +7% | +$145K |
|
1173
iShares Global Materials ETF
MXI
$338M
| $1.97M | 0.01% |
44,647
+15,179
| +52% | +$721K |
|
1174
Invesco S&P Spin-Off ETF
CSD
$221M
| $1.97M | 0.01% |
52,007
+14,931
| +40% | +$600K |
|
1175
Silicon Motion
SIMO
$8.6B
| $1.96M | 0.01% |
66,568
+31,698
| +91% | +$992K |
|
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.