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 | |
|---|---|---|---|---|---|---|
1676
Nuveen Select Maturities Municipal Fund
NIM
$114M
| $985K | ﹤0.01% |
95,574
+58,673
| +159% | +$593K |
|
1677
Vertex Pharmaceuticals
VRTX
$122B
| $985K | ﹤0.01% |
7,980
-5,338
| -40% | -$644K |
|
|
AWP
1678
abrdn Global Premier Properties Fund
AWP
$375M
| $984K | ﹤0.01% |
57,030
+24,763
| +77% | +$439K |
|
1679
AdvisorShares Ranger Equity Bear ETF
HDGE
$59.8M
| $984K | ﹤0.01% |
8,923
+3,545
| +66% | +$378K |
|
1680
Lam Research
LRCX
$372B
| $984K | ﹤0.01% |
125,960
+42,320
| +51% | +$318K |
|
|
BLD
1681
DELISTED
TopBuild
BLD
| $982K | ﹤0.01% |
33,156
+24,563
| +286% | +$737K |
|
1682
Nuveen Municipal Credit Income Fund
NZF
$2.41B
| $982K | ﹤0.01% |
68,034
+34,042
| +100% | +$470K |
|
1683
Cimpress
CMPR
$2.29B
| $980K | ﹤0.01% |
+12,620
| New | +$1.04M |
|
1684
Invesco MSCI Sustainable Future ETF
ERTH
$134M
| $979K | ﹤0.01% |
33,951
+18,139
| +115% | +$525K |
|
1685
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $979K | ﹤0.01% |
48,728
+26,167
| +116% | +$559K |
|
|
DCA
1686
DELISTED
Virtus Total Return Fund
DCA
| $977K | ﹤0.01% |
257,082
+124,093
| +93% | +$480K |
|
1687
DaVita
DVA
$15.3B
| $976K | ﹤0.01% |
14,124
+4,978
| +54% | +$365K |
|
1688
Cambria Global Asset Allocation ETF
GAA
$72.2M
| $976K | ﹤0.01% |
42,568
+33,438
| +366% | +$788K |
|
|
POM
1689
DELISTED
PEPCO HOLDINGS, INC.
POM
| $975K | ﹤0.01% |
37,575
+20,940
| +126% | +$549K |
|
1690
BlackBerry
BB
$4.95B
| $973K | ﹤0.01% |
109,804
+53,065
| +94% | +$408K |
|
|
NRO
1691
Neuberger Real Estate Securities Income Fund Inc
NRO
$193M
| $973K | ﹤0.01% |
208,151
+95,902
| +85% | +$448K |
|
1692
Vale
VALE
$63.8B
| $972K | ﹤0.01% |
308,585
+150,288
| +95% | +$600K |
|
|
DXGE
1693
DELISTED
WisdomTree Germany Hedged Equity Fund
DXGE
| $971K | ﹤0.01% |
37,348
+9,995
| +37% | +$275K |
|
|
WPX
1694
DELISTED
WPX Energy, Inc.
WPX
| $970K | ﹤0.01% |
163,932
+143,791
| +714% | +$1.07M |
|
|
IRR
1695
DELISTED
VOYA NATURAL RESOURCES EQUITY INCOME FUND
IRR
| $969K | ﹤0.01% |
176,907
+14,538
| +9% | +$88.6K |
|
1696
CNX Resources
CNX
$4.9B
| $968K | ﹤0.01% |
136,244
+116,074
| +575% | +$820K |
|
1697
Sturm, Ruger & Co
RGR
$623M
| $965K | ﹤0.01% |
14,724
+10,285
| +232% | +$578K |
|
1698
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.08B
| $964K | ﹤0.01% |
31,656
+18,578
| +142% | +$565K |
|
1699
Cheniere Energy
CQP
$31.5B
| $963K | ﹤0.01% |
37,253
+18,528
| +99% | +$485K |
|
|
GAP
1700
The Gap Inc
GAP
$7.34B
| $962K | ﹤0.01% |
36,591
+20,014
| +121% | +$534K |
|
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.