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 | |
|---|---|---|---|---|---|---|
1351
EPAM Systems
EPAM
$5.42B
| $1.5M | ﹤0.01% |
20,036
+9,030
| +82% | +$704K |
|
1352
LPL Financial
LPLA
$27.1B
| $1.5M | ﹤0.01% |
36,139
+14,919
| +70% | +$635K |
|
|
PFO
1353
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$119M
| $1.5M | ﹤0.01% |
141,169
+69,106
| +96% | +$738K |
|
|
LCI
1354
DELISTED
Lannett Company, Inc.
LCI
| $1.5M | ﹤0.01% |
9,498
+1,200
| +14% | +$197K |
|
|
PBCT
1355
DELISTED
People's United Financial Inc
PBCT
| $1.5M | ﹤0.01% |
95,394
+48,571
| +104% | +$790K |
|
1356
AMC Global Media
AMCX
$427M
| $1.5M | ﹤0.01% |
20,106
+14,997
| +294% | +$1.15M |
|
1357
Sony
SONY
$134B
| $1.5M | ﹤0.01% |
294,585
+141,675
| +93% | +$751K |
|
1358
Extra Space Storage
EXR
$31.3B
| $1.5M | ﹤0.01% |
16,567
+8,826
| +114% | +$725K |
|
1359
Progressive
PGR
$124B
| $1.5M | ﹤0.01% |
+47,594
| New | +$1.51M |
|
1360
Nuveen Quality Municipal Income Fund
NAD
$2.73B
| $1.49M | ﹤0.01% |
102,575
+50,334
| +96% | +$707K |
|
1361
Invesco Semiconductors ETF
PSI
$2.27B
| $1.49M | ﹤0.01% |
181,587
+93,738
| +107% | +$797K |
|
|
ISD
1362
PGIM High Yield Bond Fund
ISD
$415M
| $1.49M | ﹤0.01% |
100,933
+65,108
| +182% | +$954K |
|
|
OPPE
1363
WisdomTree European Opportunities Fund
OPPE
$291M
| $1.49M | ﹤0.01% |
61,251
+31,831
| +108% | +$794K |
|
|
XLYS
1364
DELISTED
POWERSHARES S&P SMALLCAP CONSUMER DISCRETIONARY PORT
XLYS
| $1.48M | ﹤0.01% |
32,882
+13,605
| +71% | +$614K |
|
1365
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$319M
| $1.48M | ﹤0.01% |
52,920
+18,936
| +56% | +$552K |
|
|
LLL
1366
DELISTED
L3 Technologies, Inc.
LLL
| $1.48M | ﹤0.01% |
12,355
-1,396
| -10% | -$166K |
|
1367
HCA Healthcare
HCA
$85.7B
| $1.48M | ﹤0.01% |
22,236
-16,726
| -43% | -$1.17M |
|
|
KED
1368
DELISTED
Kayne Anderson Energy
KED
| $1.48M | ﹤0.01% |
85,433
+23,706
| +38% | +$456K |
|
1369
Darden Restaurants
DRI
$23.7B
| $1.48M | ﹤0.01% |
23,104
+10,492
| +83% | +$610K |
|
1370
BlackRock Enhanced International Dividend Trust
BGY
$521M
| $1.48M | ﹤0.01% |
240,612
+110,503
| +85% | +$695K |
|
1371
KLA
KLAC
$236B
| $1.48M | ﹤0.01% |
214,640
+167,890
| +359% | +$1.07M |
|
1372
Helmerich & Payne
HP
$3.37B
| $1.47M | ﹤0.01% |
27,505
+10,867
| +65% | +$601K |
|
|
ACAS
1373
DELISTED
American Capital Ltd
ACAS
| $1.47M | ﹤0.01% |
103,281
+49,260
| +91% | +$673K |
|
1374
BHP
BHP
$218B
| $1.47M | ﹤0.01% |
65,083
+989
| +2% | +$26.4K |
|
1375
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $1.47M | ﹤0.01% |
37,737
+17,184
| +84% | +$704K |
|
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.