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 | |
|---|---|---|---|---|---|---|
1826
United States Gasoline Fund
UGA
$146M
| $814K | ﹤0.01% |
28,062
+9,191
| +49% | +$277K |
|
|
VGR
1827
DELISTED
Vector Group Ltd.
VGR
| $814K | ﹤0.01% |
60,158
+27,973
| +87% | +$391K |
|
|
LPT
1828
DELISTED
Liberty Property Trust
LPT
| $812K | ﹤0.01% |
25,287
+8,518
| +51% | +$282K |
|
|
JHS
1829
John Hancock Income Securities Trust
JHS
$126M
| $810K | ﹤0.01% |
60,359
+25,204
| +72% | +$345K |
|
|
FMY
1830
First Trust Mortgage Income Fund
FMY
$48.9M
| $809K | ﹤0.01% |
+55,954
| New | +$810K |
|
|
RAD
1831
DELISTED
Rite Aid Corporation
RAD
| $808K | ﹤0.01% |
5,121
+116
| +2% | +$17.2K |
|
|
SPLS
1832
DELISTED
Staples Inc
SPLS
| $808K | ﹤0.01% |
83,256
+36,022
| +76% | +$423K |
|
1833
iShares MSCI Israel ETF
EIS
$863M
| $807K | ﹤0.01% |
16,516
+8,664
| +110% | +$434K |
|
1834
Northwest Natural Holdings
NWN
$2.15B
| $807K | ﹤0.01% |
16,014
+7,923
| +98% | +$381K |
|
|
CAB
1835
DELISTED
Cabela's Inc
CAB
| $806K | ﹤0.01% |
16,981
+4,984
| +42% | +$220K |
|
1836
Toll Brothers
TOL
$14B
| $805K | ﹤0.01% |
24,434
+13,407
| +122% | +$478K |
|
|
BWLD
1837
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $805K | ﹤0.01% |
5,082
+2,781
| +121% | +$464K |
|
1838
Aptiv
APTV
$12.3B
| $802K | ﹤0.01% |
9,827
-9,529
| -49% | -$797K |
|
|
EVF
1839
Eaton Vance Senior Income Trust
EVF
$90.1M
| $802K | ﹤0.01% |
138,596
+59,770
| +76% | +$354K |
|
1840
Canadian Natural Resources
CNQ
$96.9B
| $800K | ﹤0.01% |
75,494
+36,705
| +95% | +$410K |
|
1841
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$14.8B
| $800K | ﹤0.01% |
+19,506
| New | +$811K |
|
1842
Sprott Gold Miners ETF
SGDM
$542M
| $800K | ﹤0.01% |
61,586
+29,624
| +93% | +$403K |
|
|
HIMX
1843
Himax Technologies
HIMX
$2.03B
| $799K | ﹤0.01% |
97,982
+44,691
| +84% | +$324K |
|
|
MCR
1844
DELISTED
MFS Charter Income Trust
MCR
| $799K | ﹤0.01% |
103,876
+50,179
| +93% | +$400K |
|
1845
AerCap
AER
$23.4B
| $797K | ﹤0.01% |
19,166
+6,624
| +53% | +$277K |
|
1846
O-I Glass
OI
$1.18B
| $797K | ﹤0.01% |
48,857
+19,395
| +66% | +$391K |
|
1847
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.89B
| $797K | ﹤0.01% |
58,580
+25,683
| +78% | +$388K |
|
1848
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$259M
| – | – |
0
| – | – |
|
1849
Global X Silver Miners ETF NEW
SIL
$3.93B
| $796K | ﹤0.01% |
42,626
+13,905
| +48% | +$280K |
|
1850
Cheesecake Factory
CAKE
$5.03B
| $795K | ﹤0.01% |
16,628
+7,932
| +91% | +$388K |
|
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.