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 | |
|---|---|---|---|---|---|---|
1551
Lamar Advertising Co
LAMR
$16.3B
| $1.16M | ﹤0.01% |
+19,254
| New | +$1.11M |
|
|
DWA
1552
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $1.16M | ﹤0.01% |
46,602
+24,151
| +108% | +$555K |
|
1553
Air Products & Chemicals
APD
$66.8B
| $1.16M | ﹤0.01% |
9,895
+3,835
| +63% | +$483K |
|
1554
Euronet Worldwide
EEFT
$2.92B
| $1.16M | ﹤0.01% |
16,258
+3,829
| +31% | +$293K |
|
1555
C.H. Robinson
CHRW
$17.3B
| $1.16M | ﹤0.01% |
18,275
+9,634
| +111% | +$649K |
|
1556
Renasant Corp
RNST
$3.96B
| $1.16M | ﹤0.01% |
33,915
+16,957
| +100% | +$598K |
|
|
BMS
1557
DELISTED
Bemis
BMS
| $1.16M | ﹤0.01% |
26,078
+11,858
| +83% | +$530K |
|
|
HES
1558
DELISTED
Hess
HES
| $1.16M | ﹤0.01% |
24,058
+10,452
| +77% | +$593K |
|
|
BRCM
1559
DELISTED
BROADCOM CORP CL-A
BRCM
| $1.16M | ﹤0.01% |
20,486
+8,092
| +65% | +$436K |
|
|
NXZ
1560
DELISTED
NUVEEN DIV ADV MUNI FD-2
NXZ
| $1.15M | ﹤0.01% |
81,165
+38,054
| +88% | +$523K |
|
|
NSL
1561
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $1.15M | ﹤0.01% |
200,421
+76,999
| +62% | +$444K |
|
1562
Hercules Capital
HTGC
$2.98B
| $1.14M | ﹤0.01% |
92,365
+44,099
| +91% | +$496K |
|
1563
Ryanair
RYAAY
$31.2B
| $1.14M | ﹤0.01% |
33,403
+7,712
| +30% | +$252K |
|
1564
VeriSign
VRSN
$25.9B
| $1.14M | ﹤0.01% |
14,054
+11,280
| +407% | +$940K |
|
|
RWW
1565
DELISTED
Invesco S&P Financials Revenue ETF
RWW
| $1.14M | ﹤0.01% |
24,227
+11,847
| +96% | +$573K |
|
|
JCP
1566
DELISTED
J.C. Penney Company, Inc.
JCP
| $1.14M | ﹤0.01% |
158,978
+113,443
| +249% | +$946K |
|
1567
Williams-Sonoma
WSM
$27.5B
| $1.14M | ﹤0.01% |
39,478
+15,946
| +68% | +$546K |
|
|
MHF
1568
Western Asset Municipal High Income Fund
MHF
$152M
| $1.14M | ﹤0.01% |
145,020
+72,205
| +99% | +$544K |
|
|
JSD
1569
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $1.14M | ﹤0.01% |
76,435
+26,901
| +54% | +$402K |
|
1570
Goldman Sachs BDC
GSBD
$975M
| $1.14M | ﹤0.01% |
59,602
+28,682
| +93% | +$567K |
|
|
NXJ
1571
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $1.14M | ﹤0.01% |
83,662
+33,345
| +66% | +$436K |
|
|
EVG
1572
Eaton Vance Short Duration Diversified Income Fund
EVG
$141M
| $1.13M | ﹤0.01% |
84,587
+37,033
| +78% | +$491K |
|
|
SCTY
1573
DELISTED
SolarCity Corporation
SCTY
| $1.13M | ﹤0.01% |
22,478
+9,666
| +75% | +$375K |
|
1574
SFL Corp
SFL
$1.64B
| $1.13M | ﹤0.01% |
69,855
+49,350
| +241% | +$828K |
|
|
WIW
1575
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$507M
| $1.13M | ﹤0.01% |
108,996
+51,919
| +91% | +$540K |
|
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.