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 | |
|---|---|---|---|---|---|---|
126
First Trust Consumer Staples AlphaDEX Fund
FXG
$231M
| $30.6M | 0.17% |
718,212
+236,983
| +49% | +$9.73M |
|
127
Lockheed Martin
LMT
$134B
| $30.4M | 0.17% |
157,665
-2,265
| -1% | -$420K |
|
128
Starbucks
SBUX
$118B
| $29.7M | 0.16% |
724,970
-19,326
| -3% | -$755K |
|
|
SRV
129
NXG Cushing Midstream Energy Fund
SRV
$232M
| $29.5M | 0.16% |
250,150
+102,989
| +70% | +$15.9M |
|
130
First Trust Value Line Dividend Fund
FVD
$8.29B
| $29.1M | 0.16% |
1,206,259
-16,428
| -1% | -$385K |
|
131
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.73B
| $28.9M | 0.16% |
287,033
-18,370
| -6% | -$1.9M |
|
132
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.22B
| $28.9M | 0.16% |
472,246
-27,036
| -5% | -$1.59M |
|
133
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $28.9M | 0.16% |
723,712
+8,688
| +1% | +$337K |
|
134
Visa
V
$677B
| $28.8M | 0.16% |
438,900
+20,976
| +5% | +$1.26M |
|
135
Merck
MRK
$324B
| $28.8M | 0.16% |
530,875
+33,477
| +7% | +$1.87M |
|
136
iShares International Select Dividend ETF
IDV
$8.25B
| $28.4M | 0.16% |
843,947
-190,028
| -18% | -$6.66M |
|
137
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $28.3M | 0.15% |
783,862
+237,566
| +43% | +$8.15M |
|
|
DD
138
DELISTED
Du Pont De Nemours E I
DD
| $27.8M | 0.15% |
396,298
-23,260
| -6% | -$1.55M |
|
139
DNP Select Income Fund
DNP
$4.18B
| $27.7M | 0.15% |
2,626,460
-1,098,146
| -29% | -$11.4M |
|
140
Vanguard Mid-Cap Value ETF
VOE
$23.7B
| $27.5M | 0.15% |
307,223
-17,714
| -5% | -$1.55M |
|
141
Invesco Dorsey Wright Momentum ETF
PDP
$1.5B
| $27.5M | 0.15% |
668,694
+3,560
| +0.5% | +$143K |
|
142
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.8B
| $26.7M | 0.15% |
261,973
+34,503
| +15% | +$3.37M |
|
143
iShares US Energy ETF
IYE
$1.74B
| $26.7M | 0.15% |
594,926
+215,278
| +57% | +$10.2M |
|
144
Meta Platforms (Facebook)
META
$1.51T
| $26.2M | 0.14% |
335,737
+30,776
| +10% | +$2.35M |
|
145
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$511M
| $25.1M | 0.14% |
485,458
-63,053
| -11% | -$3.3M |
|
146
Vanguard Health Care ETF
VHT
$18.2B
| $25M | 0.14% |
199,250
+28,910
| +17% | +$3.55M |
|
147
iShares US Consumer Discretionary ETF
IYC
$1.12B
| $24.6M | 0.13% |
714,964
+399,452
| +127% | +$12.9M |
|
148
Philip Morris
PM
$301B
| $23.9M | 0.13% |
293,908
+6,809
| +2% | +$585K |
|
149
IBM
IBM
$202B
| $23.9M | 0.13% |
155,684
-7,136
| -4% | -$1.14M |
|
150
Invesco Pharmaceuticals ETF
PJP
$425M
| $23.7M | 0.13% |
356,741
+22,591
| +7% | +$1.5M |
|
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.