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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$211M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$132M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$96.7M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$96.1M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$92.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
|
+$72.7M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.8M |
| 3 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$59.2M |
| 4 |
iShares US Real Estate ETF
IYR
|
+$56.8M |
| 5 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.59% |
| 2 | Healthcare | 2.61% |
| 3 | Financials | 2.51% |
| 4 | Consumer Discretionary | 2.22% |
| 5 | Communication Services | 2.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Clearway Energy Class C
CWEN
$4.86B
| $310K | ﹤0.01% |
16,499
+5,244
| +47% | +$109K |
|
2477
PTC
PTC
$15.1B
| $310K | ﹤0.01% |
5,066
+2,349
| +86% | +$174K |
|
2478
StoneCo
STNE
$2.72B
| $310K | ﹤0.01% |
14,251
-453
| -3% | -$17.3K |
|
|
EFR
2479
Eaton Vance Senior Floating-Rate Fund
EFR
$315M
| $309K | ﹤0.01% |
31,270
+7,454
| +31% | +$93.1K |
|
2480
Norwood Financial Corp
NWFL
$371M
| $308K | ﹤0.01% |
11,552
+409
| +4% | +$13.5K |
|
|
PHT
2481
DELISTED
Pioneer High Income Fund
PHT
| $308K | ﹤0.01% |
47,961
-1,054
| -2% | -$9.28K |
|
2482
Cambria Shareholder Yield ETF
SYLD
$1.01B
| $308K | ﹤0.01% |
12,246
-2,417
| -16% | -$84.8K |
|
2483
Sixth Street Specialty
TSLX
$1.72B
| $308K | ﹤0.01% |
22,129
-2,650
| -11% | -$53.5K |
|
|
ICPT
2484
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $308K | ﹤0.01% |
4,893
-121
| -2% | -$10.9K |
|
|
BBBY
2485
DELISTED
Bed Bath & Beyond Inc
BBBY
| $308K | ﹤0.01% |
73,093
+43,481
| +147% | +$506K |
|
2486
WisdomTree Japan SmallCap Dividend Fund
DFJ
$397M
| $307K | ﹤0.01% |
5,274
-11,845
| -69% | -$778K |
|
2487
Encore Capital Group
ECPG
$1.99B
| $307K | ﹤0.01% |
13,122
-451
| -3% | -$15.2K |
|
2488
iShares MSCI Philippines ETF
EPHE
$145M
| $307K | ﹤0.01% |
13,305
+255
| +2% | +$7.54K |
|
2489
Ericsson
ERIC
$33B
| $307K | ﹤0.01% |
37,946
-32,514
| -46% | -$266K |
|
2490
PGIM Active High Yield Bond ETF
PHYL
$1.39B
| $307K | ﹤0.01% |
+8,765
| New | +$345K |
|
2491
Walker & Dunlop
WD
$1.76B
| $307K | ﹤0.01% |
7,621
+1,419
| +23% | +$89.4K |
|
|
GPP
2492
DELISTED
Green Plains Partners LP
GPP
| $307K | ﹤0.01% |
46,255
+5,165
| +13% | +$62.8K |
|
2493
Robert Half
RHI
$4.15B
| $306K | ﹤0.01% |
8,094
+4,057
| +100% | +$220K |
|
2494
Invesco California Value Municipal Income Trust
VCV
$520M
| $306K | ﹤0.01% |
26,990
+13,965
| +107% | +$175K |
|
|
UTRN
2495
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $305K | ﹤0.01% |
+14,421
| New | +$348K |
|
|
AVTA
2496
DELISTED
Avantax, Inc. Common Stock
AVTA
| $305K | ﹤0.01% |
25,305
+2,092
| +9% | +$40.4K |
|
2497
Telus
TU
$15.4B
| $304K | ﹤0.01% |
19,280
+6,090
| +46% | +$113K |
|
|
PBND
2498
DELISTED
Invesco PureBeta US Aggregate Bond ETF
PBND
| $304K | ﹤0.01% |
+11,529
| New | +$300K |
|
2499
IPG Photonics
IPGP
$3.89B
| $303K | ﹤0.01% |
2,749
+73
| +3% | +$9.55K |
|
2500
Virtus Biotech ETF
BBP
$96.9M
| $302K | ﹤0.01% |
8,061
-1,945
| -19% | -$80.4K |
|
Similar funds
LPL Financial's Q1 2020 Portfolio in Review
As of Q1 2020, LPL Financial held 3,530 positions worth $46.4B, down 16% from $55B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2020 filing shows 190 new, 1,571 increased, 1,390 reduced and 328 closed positions. Its largest new stake was WisdomTree US Value Fund: 685,092 shares worth $22.2M. The largest sale was VictoryShares US Large Cap High Div Volatility Wtd ETF, an estimated $72.7M.
By sector, the portfolio is most concentrated in Technology at 4.6% of assets, up from 4.1% a quarter earlier, followed by Healthcare and Financials.
- LPL Financial's largest Q1 2020 buy was WisdomTree US Value Fund: 685,092 shares worth $22.2M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $211M increase.
- LPL Financial's biggest Q1 2020 reduction was VictoryShares US Large Cap High Div Volatility Wtd ETF, cutting an estimated $72.7M.
- LPL Financial fully exited iShares MSCI Italy ETF in Q1 2020, selling an estimated $13.2M.
- LPL Financial's ten largest holdings make up 22% of its $46.4B portfolio in Q1 2020.
- LPL Financial opened 190 new positions and closed 328 in Q1 2020.
- LPL Financial's portfolio value fell 16% quarter-over-quarter to $46.4B.
Based on LPL Financial's 13F filing for Q1 2020, filed 14 May 2020.