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 | |
|---|---|---|---|---|---|---|
|
IPS
2051
DELISTED
SPDR S&P International Consumer Staples Sector
IPS
| $612K | ﹤0.01% |
15,162
+6,702
| +79% | +$277K |
|
2052
Kilroy Realty
KRC
$4.59B
| $608K | ﹤0.01% |
+9,654
| New | +$633K |
|
|
ACH
2053
Accendra Health
ACH
$254M
| $608K | ﹤0.01% |
17,206
+7,742
| +82% | +$280K |
|
|
CTXS
2054
DELISTED
Citrix Systems Inc
CTXS
| $608K | ﹤0.01% |
10,333
+6,157
| +147% | +$378K |
|
2055
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
$569M
| $607K | ﹤0.01% |
38,106
+11,509
| +43% | +$174K |
|
|
RPXC
2056
DELISTED
RPX Corporation
RPXC
| $606K | ﹤0.01% |
55,872
+31,672
| +131% | +$429K |
|
|
OA
2057
DELISTED
Orbital ATK, Inc.
OA
| $606K | ﹤0.01% |
6,592
-728
| -10% | -$61.2K |
|
2058
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $603K | ﹤0.01% |
24,102
+15,110
| +168% | +$380K |
|
2059
Sarepta Therapeutics
SRPT
$1.64B
| $602K | ﹤0.01% |
16,016
+7,983
| +99% | +$259K |
|
|
ARG
2060
DELISTED
Airgas Inc
ARG
| $602K | ﹤0.01% |
4,348
+58
| +1% | +$6.68K |
|
2061
Gentex
GNTX
$5.1B
| $601K | ﹤0.01% |
38,990
+20,252
| +108% | +$327K |
|
2062
Invesco
IVZ
$12.4B
| $600K | ﹤0.01% |
18,131
-18,848
| -51% | -$617K |
|
2063
Northern Trust
NTRS
$21.8B
| $599K | ﹤0.01% |
8,454
-25,955
| -75% | -$1.87M |
|
|
TIS
2064
DELISTED
Orchids Paper Products, Inc.
TIS
| $598K | ﹤0.01% |
19,751
+9,910
| +101% | +$291K |
|
2065
Schwab International Small-Cap Equity ETF
SCHC
$5.28B
| $597K | ﹤0.01% |
21,056
+10,663
| +103% | +$315K |
|
2066
NiSource
NI
$21.5B
| $595K | ﹤0.01% |
30,012
+15,699
| +110% | +$302K |
|
2067
Arista Networks
ANET
$199B
| $594K | ﹤0.01% |
121,504
+51,760
| +74% | +$225K |
|
|
BCV
2068
Bancroft Fund
BCV
$130M
| $594K | ﹤0.01% |
33,071
+16,719
| +102% | +$313K |
|
|
BBT
2069
Beacon Financial Corp
BBT
$2.5B
| $594K | ﹤0.01% |
20,866
+8,059
| +63% | +$234K |
|
2070
CBRE Group
CBRE
$43.3B
| $593K | ﹤0.01% |
17,222
-3,485
| -17% | -$123K |
|
2071
First Trust Germany AlphaDEX Fund
FGM
$96.8M
| $591K | ﹤0.01% |
16,796
+5,207
| +45% | +$186K |
|
2072
UBS Group
UBS
$170B
| $591K | ﹤0.01% |
31,064
-106,796
| -77% | -$2.08M |
|
|
GXP
2073
DELISTED
Great Plains Energy Incorporated
GXP
| $591K | ﹤0.01% |
21,667
-21,206
| -49% | -$575K |
|
|
NBH
2074
Neuberger Municipal Fund Inc
NBH
$307M
| $590K | ﹤0.01% |
37,108
+24,468
| +194% | +$380K |
|
|
FPL
2075
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $587K | ﹤0.01% |
53,016
+21,828
| +70% | +$267K |
|
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.