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 | |
|---|---|---|---|---|---|---|
2301
Keysight
KEYS
$50.7B
| $411K | ﹤0.01% |
14,806
+6,550
| +79% | +$201K |
|
|
EDD
2302
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$375M
| $410K | ﹤0.01% |
60,366
+19,754
| +49% | +$143K |
|
2303
Helix Energy Solutions
HLX
$1.34B
| $410K | ﹤0.01% |
78,174
+38,187
| +95% | +$221K |
|
2304
Lennar Class A
LEN
$20.4B
| $410K | ﹤0.01% |
9,197
-7,132
| -44% | -$340K |
|
|
WCN
2305
Waste Connections
WCN
$43.6B
| $408K | ﹤0.01% |
11,136
+1,285
| +13% | +$46.1K |
|
|
SVU
2306
DELISTED
SUPERVALU Inc.
SVU
| $408K | ﹤0.01% |
8,508
+6,921
| +436% | +$330K |
|
2307
VanEck Israel ETF
ISRA
$147M
| $407K | ﹤0.01% |
+14,330
| New | +$425K |
|
2308
NetApp
NTAP
$33.9B
| $407K | ﹤0.01% |
16,035
-14,686
| -48% | -$459K |
|
2309
BlackRock TCP Capital
TCPC
$278M
| $407K | ﹤0.01% |
+28,598
| New | +$419K |
|
2310
Alkermes
ALKS
$8.11B
| $406K | ﹤0.01% |
+5,400
| New | +$378K |
|
2311
iShares MSCI India Small-Cap ETF
SMIN
$750M
| $406K | ﹤0.01% |
+12,030
| New | +$401K |
|
|
BIOA
2312
DELISTED
BioAmber Inc.
BIOA
| $406K | ﹤0.01% |
64,900
+27,850
| +75% | +$210K |
|
|
AMU
2313
DELISTED
ETRACS Alerian MLP Index ETN
AMU
| $406K | ﹤0.01% |
22,202
+3,655
| +20% | +$70.6K |
|
|
PDCE
2314
DELISTED
PDC Energy, Inc.
PDCE
| $405K | ﹤0.01% |
7,539
+3,697
| +96% | +$213K |
|
2315
Agnico Eagle Mines
AEM
$72.2B
| $404K | ﹤0.01% |
14,626
-42,140
| -74% | -$1.15M |
|
|
AFT
2316
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $403K | ﹤0.01% |
26,672
+14,296
| +116% | +$219K |
|
2317
Patterson-UTI
PTEN
$3.54B
| $401K | ﹤0.01% |
27,241
+11,429
| +72% | +$176K |
|
2318
American States Water
AWR
$3.44B
| $400K | ﹤0.01% |
9,800
+1,447
| +17% | +$59.9K |
|
2319
WisdomTree New Economy Real Estate Fund
WTRE
$15.2M
| $400K | ﹤0.01% |
15,611
+6,393
| +69% | +$172K |
|
|
NTX
2320
DELISTED
Nuveen Texas Quality Municipal Income Fund
NTX
| $400K | ﹤0.01% |
27,743
+15,694
| +130% | +$218K |
|
2321
PJT Partners
PJT
$4.26B
| $398K | ﹤0.01% |
+14,564
| New | +$333K |
|
|
TPH
2322
DELISTED
Tri Pointe Homes
TPH
| $398K | ﹤0.01% |
32,854
+12,427
| +61% | +$166K |
|
|
EUMV
2323
DELISTED
iShares Edge MSCI Min Vol Europe ETF
EUMV
| $398K | ﹤0.01% |
+17,210
| New | +$411K |
|
2324
SouthState Bank Corp
SSB
$10.3B
| $396K | ﹤0.01% |
5,641
+2,790
| +98% | +$212K |
|
|
THS
2325
DELISTED
Treehouse Foods
THS
| $396K | ﹤0.01% |
+5,243
| New | +$438K |
|
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.