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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$95.3M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
+$65.5M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$64.9M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$53.8M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$51.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco BuyBack Achievers ETF
PKW
|
+$112M |
| 2 |
SPDR Gold Trust
GLD
|
+$52.1M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$39.6M |
| 4 |
iShares MSCI Canada ETF
EWC
|
+$33.7M |
| 5 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$32.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.3% |
| 2 | Technology | 3.18% |
| 3 | Healthcare | 3.03% |
| 4 | Industrials | 2.67% |
| 5 | Energy | 2.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EEQ
1226
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.1M | 0.01% |
40,843
+7,403
| +22% | +$185K |
|
1227
Fidelity National Financial
FNF
$14.5B
| $1.09M | 0.01% |
45,701
+2,593
| +6% | +$55K |
|
1228
Warner Bros
WBD
$64.1B
| $1.09M | 0.01% |
31,665
-541
| -2% | -$18.8K |
|
|
AKRX
1229
DELISTED
Akorn Inc
AKRX
| $1.09M | 0.01% |
+30,130
| New | +$1.16M |
|
|
MPT
1230
Medical Properties Trust
MPT
$2.86B
| $1.09M | 0.01% |
79,134
-1,416
| -2% | -$19K |
|
1231
Yelp
YELP
$1.5B
| $1.09M | 0.01% |
19,913
-5,063
| -20% | -$299K |
|
1232
Toro Company
TTC
$9.06B
| $1.09M | 0.01% |
34,120
+1,102
| +3% | +$34K |
|
1233
Robert Half
RHI
$4.06B
| $1.09M | 0.01% |
18,606
+9,080
| +95% | +$493K |
|
1234
Global X Silver Miners ETF NEW
SIL
$4B
| $1.09M | 0.01% |
39,111
-1,034
| -3% | -$29.6K |
|
|
ROIC
1235
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $1.08M | 0.01% |
64,538
+622
| +1% | +$10K |
|
|
CVD
1236
DELISTED
COVANCE INC.
CVD
| $1.08M | 0.01% |
10,425
-600
| -5% | -$56.2K |
|
|
SEP
1237
DELISTED
Spectra Engy Parters Lp
SEP
| $1.08M | 0.01% |
18,942
+9,116
| +93% | +$494K |
|
1238
Invesco S&P SmallCap Low Volatility ETF
XSLV
$251M
| $1.08M | 0.01% |
32,065
-107,573
| -77% | -$3.47M |
|
|
DCT
1239
DELISTED
DCT Industrial Trust Inc.
DCT
| $1.07M | 0.01% |
30,159
-816
| -3% | -$27.3K |
|
1240
JetBlue
JBLU
$2.22B
| $1.07M | 0.01% |
67,525
+18,553
| +38% | +$241K |
|
1241
Southern Copper
SCCO
$141B
| $1.07M | 0.01% |
40,800
-5,264
| -11% | -$142K |
|
1242
Schwab US REIT ETF
SCHH
$11.8B
| $1.07M | 0.01% |
54,798
+6,918
| +14% | +$130K |
|
|
DPG
1243
Duff & Phelps Utility and Infrastructure Fund
DPG
$535M
| $1.06M | 0.01% |
49,178
+5,872
| +14% | +$126K |
|
|
DOG
1244
ProShares Short Dow30
DOG
$109M
| $1.06M | 0.01% |
11,397
-5,371
| -32% | -$518K |
|
1245
LPL Financial
LPLA
$27B
| $1.06M | 0.01% |
23,769
+1,724
| +8% | +$74.1K |
|
|
INB
1246
DELISTED
Cohen & Steers Global Income Builder, Inc.
INB
| $1.06M | 0.01% |
90,214
+24,007
| +36% | +$289K |
|
1247
Air Products & Chemicals
APD
$65.8B
| $1.06M | 0.01% |
7,912
-34
| -0.4% | -$4.3K |
|
1248
Invesco Municipal Trust
VKQ
$541M
| $1.05M | 0.01% |
83,321
-3,022
| -3% | -$38.1K |
|
1249
Verisk Analytics
VRSK
$28.1B
| $1.05M | 0.01% |
16,472
+1,955
| +13% | +$122K |
|
1250
Smith & Nephew
SNN
$13.6B
| $1.05M | 0.01% |
28,619
+9,564
| +50% | +$322K |
|
Similar funds
LPL Financial's Q4 2014 Portfolio in Review
As of Q4 2014, LPL Financial held 2,914 positions worth $18.3B, up 8.9% from $16.8B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $941M of net new capital in Q4 2014, opening 219 new positions and adding to 1,218 existing holdings. Its largest new stake was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
By sector, the portfolio is most concentrated in Financials at 3.3% of assets, up from 3.1% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Invesco BuyBack Achievers ETF, an estimated $112M trimmed.
- LPL Financial's largest Q4 2014 buy was iShares Currency Hedged MSCI Japan ETF: 1,826,546 shares worth $49.6M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q4 2014, an estimated $95.3M increase.
- LPL Financial's biggest Q4 2014 reduction was Invesco BuyBack Achievers ETF, cutting an estimated $112M.
- LPL Financial fully exited KINDER MORGAN ENER PNTRS L.P. in Q4 2014, selling an estimated $20M.
- LPL Financial's ten largest holdings make up 21% of its $18.3B portfolio in Q4 2014.
- LPL Financial opened 219 new positions and closed 192 in Q4 2014.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $18.3B.
Based on LPL Financial's 13F filing for Q4 2014, filed 13 Feb 2015.