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 | |
|---|---|---|---|---|---|---|
1526
3D Systems Corp
DDD
$441M
| $1.2M | ﹤0.01% |
123,776
+66,824
| +117% | +$690K |
|
|
THQ
1527
abrdn Healthcare Opportunities Fund
THQ
$781M
| $1.2M | ﹤0.01% |
68,892
+36,112
| +110% | +$620K |
|
|
CVA
1528
DELISTED
Covanta Holding Corporation
CVA
| $1.2M | ﹤0.01% |
75,844
+35,324
| +87% | +$578K |
|
1529
Ameriprise Financial
AMP
$48.1B
| $1.2M | ﹤0.01% |
11,503
-7,027
| -38% | -$785K |
|
1530
Ormat Technologies
ORA
$5.94B
| $1.19M | ﹤0.01% |
33,890
+16,755
| +98% | +$610K |
|
|
PAI
1531
Western Asset Investment Grade Income Fund
PAI
$113M
| $1.19M | ﹤0.01% |
91,556
+49,845
| +120% | +$659K |
|
|
VXX
1532
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $1.19M | ﹤0.01% |
3,601
+1,247
| +53% | +$397K |
|
1533
British American Tobacco
BTI
$133B
| $1.19M | ﹤0.01% |
21,876
-7,612
| -26% | -$436K |
|
|
EOD
1534
Allspring Global Dividend Opportunity Fund
EOD
$277M
| $1.19M | ﹤0.01% |
206,293
+92,584
| +81% | +$563K |
|
1535
PhenixFIN
PFX
$83.1M
| $1.19M | ﹤0.01% |
7,850
+2,094
| +36% | +$319K |
|
|
SCTO
1536
DELISTED
Global X JPMorgan US Sector Rotator Index ETF
SCTO
| $1.19M | ﹤0.01% |
53,132
+21,418
| +68% | +$499K |
|
1537
MidCap Financial Investment
MFIC
$796M
| $1.19M | ﹤0.01% |
72,533
+35,593
| +96% | +$609K |
|
1538
Cintas
CTAS
$82.7B
| $1.18M | ﹤0.01% |
53,132
-2,236
| -4% | -$50.9K |
|
1539
Brown-Forman Class B
BF.B
$13.2B
| $1.18M | ﹤0.01% |
37,978
+7,365
| +24% | +$246K |
|
|
NUVA
1540
DELISTED
NuVasive, Inc.
NUVA
| $1.18M | ﹤0.01% |
22,084
+9,355
| +73% | +$477K |
|
|
NKG
1541
DELISTED
Nuveen Georgia Quality Municipal Income Fund
NKG
| $1.18M | ﹤0.01% |
87,729
+44,100
| +101% | +$577K |
|
1542
Mohawk Industries
MHK
$7.29B
| $1.18M | ﹤0.01% |
6,316
+4,595
| +267% | +$882K |
|
|
PWO
1543
DELISTED
POWER SHARES ETF DYNAMIC OTC
PWO
| $1.17M | ﹤0.01% |
16,299
+8,239
| +102% | +$593K |
|
|
LLTC
1544
DELISTED
Linear Technology Corp
LLTC
| $1.17M | ﹤0.01% |
27,856
+17,754
| +176% | +$781K |
|
1545
FirstEnergy
FE
$28.2B
| $1.17M | ﹤0.01% |
37,116
+8,999
| +32% | +$283K |
|
1546
Dave & Buster's
PLAY
$377M
| $1.17M | ﹤0.01% |
27,930
+13,056
| +88% | +$511K |
|
|
BPK
1547
DELISTED
Blackrock Muni 2018 Term Tr
BPK
| $1.17M | ﹤0.01% |
75,338
+36,967
| +96% | +$572K |
|
1548
Invesco Advantage Municipal Income Trust II
VKI
$398M
| $1.17M | ﹤0.01% |
98,674
+53,974
| +121% | +$617K |
|
|
BYM
1549
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.17M | ﹤0.01% |
78,726
+34,238
| +77% | +$481K |
|
1550
Flowers Foods
FLO
$1.51B
| $1.16M | ﹤0.01% |
53,872
+29,115
| +118% | +$709K |
|
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.