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 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 | |
|---|---|---|---|---|---|---|
2251
Smith & Nephew
SNN
$13.7B
| $447K | ﹤0.01% |
12,864
-17,694
| -58% | -$606K |
|
2252
NVR
NVR
$17.1B
| $446K | ﹤0.01% |
280
+140
| +100% | +$229K |
|
|
MYF
2253
DELISTED
Blackrock Muni Yield Investment Fund, Inc.
MYF
| $446K | ﹤0.01% |
28,146
+14,214
| +102% | +$218K |
|
2254
Melco Resorts & Entertainment
MLCO
$2.21B
| $445K | ﹤0.01% |
26,300
+13,185
| +101% | +$225K |
|
|
RST
2255
DELISTED
ROSETTA STONE INC
RST
| $445K | ﹤0.01% |
65,000
+44,100
| +211% | +$309K |
|
2256
International Flavors & Fragrances
IFF
$20.3B
| $444K | ﹤0.01% |
3,715
+1,506
| +68% | +$174K |
|
|
FCO
2257
DELISTED
abrdn Global Income Fund
FCO
| $443K | ﹤0.01% |
57,693
+36,897
| +177% | +$288K |
|
|
UHT
2258
Universal Health Realty Income Trust
UHT
$621M
| $443K | ﹤0.01% |
8,810
+694
| +9% | +$34.7K |
|
2259
iShares Core US REIT ETF
USRT
$4.71B
| $441K | ﹤0.01% |
9,314
+4,487
| +93% | +$208K |
|
2260
RH
RH
$3.33B
| $438K | ﹤0.01% |
5,612
-5,931
| -51% | -$551K |
|
|
SAVE
2261
DELISTED
Spirit Airlines, Inc.
SAVE
| $438K | ﹤0.01% |
10,544
+6,085
| +136% | +$247K |
|
2262
Genworth Financial
GNW
$3.86B
| $437K | ﹤0.01% |
120,142
+64,981
| +118% | +$301K |
|
|
ABMD
2263
DELISTED
Abiomed Inc
ABMD
| $437K | ﹤0.01% |
+5,135
| New | +$436K |
|
2264
Canadian Pacific Kansas City
CP
$81B
| $436K | ﹤0.01% |
17,320
-22,580
| -57% | -$634K |
|
|
WFT
2265
DELISTED
Weatherford International plc
WFT
| $436K | ﹤0.01% |
52,842
+2,126
| +4% | +$21K |
|
|
PIM
2266
Franklin Master Intermediate Income Trust
PIM
$151M
| $434K | ﹤0.01% |
96,148
+40,854
| +74% | +$186K |
|
2267
Lithia Motors
LAD
$9.75B
| $433K | ﹤0.01% |
4,380
-2,465
| -36% | -$283K |
|
2268
W.R. Berkley
WRB
$28.1B
| $433K | ﹤0.01% |
27,169
+11,610
| +75% | +$190K |
|
2269
Deckers Outdoor
DECK
$14.1B
| $432K | ﹤0.01% |
54,552
+18,192
| +50% | +$161K |
|
2270
ProShares Short FTSE China 50 of PROSHARES TRUST
YXI
$4.36M
| $432K | ﹤0.01% |
+7,153
| New | +$403K |
|
|
JNS
2271
DELISTED
Janus Capital Group Inc
JNS
| $431K | ﹤0.01% |
31,152
+13,061
| +72% | +$194K |
|
|
BOI
2272
DELISTED
Brookfield Mtge Opportunity Fd
BOI
| $431K | ﹤0.01% |
29,326
+13,292
| +83% | +$194K |
|
2273
Owens Corning
OC
$11B
| $430K | ﹤0.01% |
9,288
+2,834
| +44% | +$130K |
|
|
SGEN
2274
DELISTED
Seagen Inc. Common Stock
SGEN
| $430K | ﹤0.01% |
10,100
+4,272
| +73% | +$178K |
|
|
SIVB
2275
DELISTED
SVB Financial Group
SIVB
| $430K | ﹤0.01% |
3,690
+1,820
| +97% | +$226K |
|
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 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.