§ 13F · FUND PROFILE
LPL Financial LLC.
Wealth platform, independent advisors
AUM · $299808.0T (13F)Positions · 5548Turnover · 98% · Q4Filed · Feb 11, 2026
CONCENTRATION
15%
Top 10 holdings
NEW BUYS
+311
+$10266.0T deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → SEMICONDUCTORS
-0pp · +0pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q4 2025
FILED FEB 11, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q4 |
|---|---|---|---|---|---|---|
| 1 | IVV | ISHARES TR | 10.48M | $7179.9T | 2.0% | NEW |
| 2 | SPY | SPDR S&P 500 ETF TR | 10.17M | $6935.6T | 1.9% | +2% |
| 3 | QQQ | INVESCO QQQ TR | 10.73M | $6591.1T | 1.8% | — |
| 4 | AAPL | APPLE INC | 23.61M | $6417.6T | 1.8% | +3% |
| 5 | NVDA | NVIDIA CORPORATION | 33.16M | $6183.6T | 1.7% | +1% |
| 6 | MSFT | MICROSOFT CORP | 10.01M | $4840.1T | 1.3% | +5% |
| 7 | VTI | VANGUARD INDEX FDS | 14.08M | $4720.5T | 1.3% | +2% |
| 8 | SPYG | SPDR SERIES TRUST | 40.22M | $4291.2T | 1.2% | +3% |
| 9 | VOO | VANGUARD INDEX FDS | 6.81M | $4273.4T | 1.2% | +7% |
| 10 | SPYM | SPDR SERIES TRUST | 51.51M | $4132.2T | 1.1% | +6% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other12.1% (±0)
Technology4.7% (±0)
Semiconductors3.3% (±0)
Media2.2% (±0)
Retail2.2% (±0)
Financial Services1.6% (±0)
§ 03 · THE LPL SIGNAL
AC read
LPL Financial LLC is a Other fund managing $299807977.4 trillion in assets. The fund runs a massive portfolio of 5,548 positions, broad diversification across holdings. Trading activity is aggressive at 98% quarterly turnover, with 311 new positions and 0 exits last quarter. Top sector allocations: Other (12%), Technology (5%), Semiconductors (3%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
1 FILINGS
Q4 2025
Busy quarter
+311 buys · −0 exits · 5468 changed
Q3 2025
Steady book
+0 buys · −0 exits · 0 changed
Q2 2025
Steady book
+0 buys · −0 exits · 0 changed
Q1 2025
Steady book
+0 buys · −0 exits · 0 changed