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 | |
|---|---|---|---|---|---|---|
1301
Arthur J. Gallagher & Co
AJG
$65.4B
| $1.63M | ﹤0.01% |
40,410
+22,886
| +131% | +$983K |
|
1302
Jazz Pharmaceuticals
JAZZ
$15.9B
| $1.63M | ﹤0.01% |
11,847
+5,746
| +94% | +$796K |
|
1303
iShares MSCI Europe Financials ETF
EUFN
$4.1B
| $1.63M | ﹤0.01% |
82,321
+30,590
| +59% | +$647K |
|
1304
Ionis Pharmaceuticals
IONS
$8.62B
| $1.63M | ﹤0.01% |
26,690
+13,503
| +102% | +$729K |
|
|
EWRS
1305
DELISTED
GUGGENHEIM RUSSELL 2000 EQUAL WEIGHT ETF
EWRS
| $1.63M | ﹤0.01% |
41,420
+17,536
| +73% | +$728K |
|
1306
Jefferies Financial Group
JEF
$12.5B
| $1.62M | ﹤0.01% |
106,337
+41,051
| +63% | +$686K |
|
|
SCMP
1307
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $1.62M | ﹤0.01% |
100,604
+63,446
| +171% | +$1.14M |
|
1308
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$240M
| $1.61M | ﹤0.01% |
60,870
+33,479
| +122% | +$947K |
|
|
EWRM
1309
DELISTED
GUGGENHEIM RUSSELL MIDCAP EQUAL WEIGHT ETF
EWRM
| $1.61M | ﹤0.01% |
34,344
+16,948
| +97% | +$821K |
|
1310
ProShares Ultra Energy
DIG
$80.7M
| $1.6M | ﹤0.01% |
42,478
+22,851
| +116% | +$1.02M |
|
|
SWI
1311
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $1.59M | ﹤0.01% |
+27,130
| New | +$1.5M |
|
1312
F5
FFIV
$22.5B
| $1.59M | ﹤0.01% |
16,486
+5,383
| +48% | +$582K |
|
1313
RLI Corp
RLI
$5.6B
| $1.59M | ﹤0.01% |
51,436
+25,100
| +95% | +$749K |
|
1314
BlackRock MuniAssets Fund
MUA
$511M
| $1.59M | ﹤0.01% |
111,499
+39,966
| +56% | +$547K |
|
1315
Barron's 400 ETF
BFOR
$230M
| $1.59M | ﹤0.01% |
215,604
+110,512
| +105% | +$858K |
|
1316
TRI-Continental Corp
TY
$1.85B
| $1.58M | ﹤0.01% |
79,819
+34,110
| +75% | +$689K |
|
1317
Starwood Property Trust
STWD
$5.92B
| $1.58M | ﹤0.01% |
76,529
+39,321
| +106% | +$808K |
|
1318
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$331M
| $1.58M | ﹤0.01% |
117,732
+72,910
| +163% | +$987K |
|
1319
AllianceBernstein
AB
$3.43B
| $1.58M | ﹤0.01% |
68,330
+44,890
| +192% | +$1.13M |
|
1320
iShares S&P India Nifty 50 Index Fund
INDY
$561M
| $1.58M | ﹤0.01% |
58,831
+25,552
| +77% | +$705K |
|
1321
Lazard
LAZ
$4.1B
| $1.58M | ﹤0.01% |
36,234
+13,436
| +59% | +$616K |
|
1322
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.37B
| $1.58M | ﹤0.01% |
+57,066
| New | +$1.63M |
|
|
HDS
1323
DELISTED
HD Supply Holdings, Inc.
HDS
| $1.58M | ﹤0.01% |
53,796
-25,214
| -32% | -$757K |
|
1324
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$726M
| $1.57M | ﹤0.01% |
92,690
+45,886
| +98% | +$774K |
|
1325
BlackRock Floating Rate Income Trust
BGT
$321M
| $1.57M | ﹤0.01% |
126,315
+69,565
| +123% | +$876K |
|
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.