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 | |
|---|---|---|---|---|---|---|
|
MHI
1876
DELISTED
Pioneer Municipal High Income Fund
MHI
| $773K | ﹤0.01% |
58,184
+30,894
| +113% | +$403K |
|
|
IBLN
1877
DELISTED
Direxion iBillionaire Index ETF
IBLN
| $770K | ﹤0.01% |
32,580
+15,990
| +96% | +$386K |
|
|
FLTX
1878
DELISTED
Fleetmatics Group PLC
FLTX
| $770K | ﹤0.01% |
15,212
-13,820
| -48% | -$767K |
|
1879
Virtus Biotech Clinical Trials ETF
BBC
$46M
| $769K | ﹤0.01% |
27,920
+14,112
| +102% | +$408K |
|
|
EIA
1880
DELISTED
Eaton Vance California Municipal Bond II Shares of Ben. Int.
EIA
| $769K | ﹤0.01% |
60,417
+35,267
| +140% | +$444K |
|
|
RLYP
1881
DELISTED
RELYPSA INC COM
RLYP
| $767K | ﹤0.01% |
+28,790
| New | +$620K |
|
|
IPG
1882
DELISTED
Interpublic Group of Companies
IPG
| $765K | ﹤0.01% |
32,861
+6,788
| +26% | +$153K |
|
1883
Nuveen Municipal Income
NMI
$131M
| $765K | ﹤0.01% |
62,638
+32,031
| +105% | +$355K |
|
1884
Manulife Financial
MFC
$73B
| $763K | ﹤0.01% |
52,617
+12,611
| +32% | +$203K |
|
1885
Ryder
R
$9.9B
| $763K | ﹤0.01% |
13,477
+6,985
| +108% | +$462K |
|
|
HTR
1886
DELISTED
Brookfield Total Return Fund Inc
HTR
| $763K | ﹤0.01% |
34,693
+15,378
| +80% | +$334K |
|
1887
WisdomTree International Equity Fund
DWM
$667M
| $762K | ﹤0.01% |
16,663
+6,954
| +72% | +$332K |
|
|
SEE
1888
DELISTED
Sealed Air
SEE
| $762K | ﹤0.01% |
17,528
+6,218
| +55% | +$288K |
|
|
NTI
1889
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| $762K | ﹤0.01% |
+28,780
| New | +$745K |
|
1890
Xerox
XRX
$345M
| $760K | ﹤0.01% |
28,044
+13,711
| +96% | +$368K |
|
1891
Northwest Bancshares
NWBI
$2.33B
| $758K | ﹤0.01% |
57,568
+27,625
| +92% | +$373K |
|
1892
Leidos
LDOS
$14.4B
| $757K | ﹤0.01% |
+13,710
| New | +$723K |
|
1893
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.14B
| $757K | ﹤0.01% |
10,208
+4,489
| +78% | +$338K |
|
1894
CVR Energy
CVI
$3.48B
| $754K | ﹤0.01% |
19,468
+8,982
| +86% | +$387K |
|
1895
iShares MSCI Ireland ETF
EIRL
$75.5M
| $754K | ﹤0.01% |
18,449
+9,288
| +101% | +$372K |
|
1896
iShares US & Intl High Yield Corp Bond ETF
GHYG
$193M
| $754K | ﹤0.01% |
16,961
+6,463
| +62% | +$301K |
|
1897
Philips
PHG
$25.5B
| $754K | ﹤0.01% |
42,600
+22,584
| +113% | +$423K |
|
|
PZI
1898
DELISTED
Invesco Zacks Micro Cap ETF
PZI
| $753K | ﹤0.01% |
50,300
+25,058
| +99% | +$389K |
|
|
ABB
1899
DELISTED
ABB Ltd
ABB
| $751K | ﹤0.01% |
43,666
+23,776
| +120% | +$438K |
|
1900
Cooper Companies
COO
$14.2B
| $750K | ﹤0.01% |
22,524
-22,936
| -50% | -$821K |
|
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.