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 | |
|---|---|---|---|---|---|---|
|
EUHY
1226
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$240M
| $1.83M | 0.01% |
41,398
+19,949
| +93% | +$916K |
|
1227
Boston Properties
BXP
$11.3B
| $1.83M | 0.01% |
14,349
+7,722
| +117% | +$961K |
|
|
ALXN
1228
DELISTED
Alexion Pharmaceuticals
ALXN
| $1.83M | 0.01% |
9,878
-1,506
| -13% | -$263K |
|
|
MYD
1229
DELISTED
BlackRock MuniYield Fund
MYD
| $1.82M | 0.01% |
121,337
+59,265
| +95% | +$861K |
|
|
OPPJ
1230
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$276M
| $1.81M | 0.01% |
107,624
+53,840
| +100% | +$945K |
|
|
MMT
1231
Aberdeen Multi-Market Income Fund
MMT
$237M
| $1.81M | 0.01% |
328,318
+172,769
| +111% | +$983K |
|
1232
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $1.8M | 0.01% |
139,355
+60,635
| +77% | +$776K |
|
1233
First Trust Asia Pacific ex-Japan AlphaDEX Fund
FPA
$102M
| $1.8M | 0.01% |
66,548
+32,158
| +94% | +$908K |
|
1234
Qorvo
QRVO
$7.94B
| $1.8M | 0.01% |
37,742
+19,021
| +102% | +$974K |
|
1235
VanEck Pharmaceutical ETF
PPH
$959M
| $1.79M | 0.01% |
27,750
+14,361
| +107% | +$927K |
|
1236
Ball Corp
BALL
$17.2B
| $1.79M | 0.01% |
49,010
+16,224
| +49% | +$554K |
|
|
CSI
1237
DELISTED
Cutwater Select Income Fund
CSI
| $1.78M | 0.01% |
97,280
+50,058
| +106% | +$944K |
|
1238
SAP
SAP
$211B
| $1.78M | ﹤0.01% |
23,182
+19,046
| +460% | +$1.46M |
|
1239
eBay
EBAY
$50.3B
| $1.78M | ﹤0.01% |
68,230
-21,925
| -24% | -$605K |
|
|
LEO
1240
BNY Mellon Strategic Municipals
LEO
$382M
| $1.78M | ﹤0.01% |
207,131
+141,395
| +215% | +$1.18M |
|
1241
Invesco International BuyBack Achievers ETF
IPKW
$551M
| $1.77M | ﹤0.01% |
69,126
+30,520
| +79% | +$811K |
|
1242
Intuit
INTU
$86.2B
| $1.77M | ﹤0.01% |
18,464
-15,558
| -46% | -$1.5M |
|
|
GDO
1243
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.1M
| $1.77M | ﹤0.01% |
110,786
+46,754
| +73% | +$770K |
|
1244
MGIC Investment
MTG
$6.15B
| $1.77M | ﹤0.01% |
203,898
+102,225
| +101% | +$959K |
|
|
CVRR
1245
DELISTED
CVR Refining, LP
CVRR
| $1.76M | ﹤0.01% |
89,647
+42,822
| +91% | +$881K |
|
1246
Tapestry
TPR
$30.9B
| $1.76M | ﹤0.01% |
51,802
+25,314
| +96% | +$788K |
|
1247
Textron
TXT
$14.8B
| $1.76M | ﹤0.01% |
42,307
+18,864
| +80% | +$780K |
|
|
IBMG
1248
DELISTED
iShares iBonds Sep 2018 Term Muni Bond ETF
IBMG
| $1.75M | ﹤0.01% |
68,765
+42,585
| +163% | +$1.09M |
|
1249
VictoryShares US 500 Volatility Wtd ETF
CFA
$539M
| $1.75M | ﹤0.01% |
49,590
+30,483
| +160% | +$1.1M |
|
1250
New England Realty Associates
NEN
$202M
| $1.75M | ﹤0.01% |
34,642
+17,321
| +100% | +$868K |
|
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.