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 |
iShares Core Universal USD Bond ETF
IUSB
|
+$403M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$391M |
| 3 |
iShares MSCI EAFE Value ETF
EFV
|
+$313M |
| 4 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$175M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$147M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$192M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$156M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$103M |
| 4 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$101M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$90.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.97% |
| 2 | Consumer Discretionary | 3.1% |
| 3 | Financials | 3.03% |
| 4 | Healthcare | 2.68% |
| 5 | Communication Services | 2.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DCP
2576
DELISTED
DCP Midstream, LP
DCP
| $820K | ﹤0.01% |
37,845
-4,847
| -11% | -$107K |
|
2577
America Movil
AMX
$74.7B
| $819K | ﹤0.01% |
60,284
+2,435
| +4% | +$33.5K |
|
|
IRBT
2578
DELISTED
iRobot
IRBT
| $819K | ﹤0.01% |
6,700
-5,097
| -43% | -$579K |
|
2579
Live Oak Bancshares
LOB
$2.02B
| $818K | ﹤0.01% |
11,940
+838
| +8% | +$44K |
|
2580
Bausch Health
BHC
$2.42B
| $817K | ﹤0.01% |
25,733
-145,531
| -85% | -$4.27M |
|
2581
American Eagle Outfitters
AEO
$3.03B
| $816K | ﹤0.01% |
+27,923
| New | +$715K |
|
|
EFR
2582
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $816K | ﹤0.01% |
59,140
+22,940
| +63% | +$309K |
|
2583
Energy Recovery
ERII
$472M
| $816K | ﹤0.01% |
44,501
+18,260
| +70% | +$292K |
|
2584
Fox Class A
FOXA
$24.8B
| $816K | ﹤0.01% |
22,584
-12,900
| -36% | -$451K |
|
2585
Leidos
LDOS
$16.4B
| $813K | ﹤0.01% |
8,442
-6,140
| -42% | -$620K |
|
2586
Paylocity
PCTY
$7.65B
| $812K | ﹤0.01% |
4,514
+1,405
| +45% | +$268K |
|
2587
Sprott Junior Gold Miners ETF
SGDJ
$288M
| $812K | ﹤0.01% |
19,736
+5,259
| +36% | +$236K |
|
|
BTEC
2588
DELISTED
Principal Exchange-Traded Funds Principal Healthcare Innovators ETF
BTEC
| $812K | ﹤0.01% |
14,032
+4,452
| +46% | +$279K |
|
2589
Fox Factory Holding Corp
FOXF
$829M
| $810K | ﹤0.01% |
6,375
+3,871
| +155% | +$499K |
|
|
RCM
2590
DELISTED
R1 RCM Inc. Common Stock
RCM
| $810K | ﹤0.01% |
32,807
-9,024
| -22% | -$238K |
|
2591
Kimco Realty
KIM
$16.9B
| $809K | ﹤0.01% |
43,142
-9,783
| -18% | -$173K |
|
2592
U-Haul Holding Co
UHAL
$14.4B
| $809K | ﹤0.01% |
13,200
-530
| -4% | -$28.2K |
|
|
DBS
2593
DELISTED
Invesco DB Silver Fund
DBS
| $808K | ﹤0.01% |
23,565
-1,533
| -6% | -$56.6K |
|
2594
CNB Financial Corp
CCNE
$1.06B
| $807K | ﹤0.01% |
32,777
+746
| +2% | +$17.6K |
|
2595
Capital Southwest
CSWC
$1.53B
| $806K | ﹤0.01% |
36,363
+1,540
| +4% | +$31.4K |
|
|
HGLB
2596
Highland Global Allocation Fund
HGLB
$178M
| $806K | ﹤0.01% |
104,481
+41,153
| +65% | +$293K |
|
2597
RBC Bearings
RBC
$17.9B
| $806K | ﹤0.01% |
4,094
-4,164
| -50% | -$783K |
|
|
NVEE
2598
DELISTED
NV5 Global
NVEE
| $805K | ﹤0.01% |
33,336
+11,280
| +51% | +$269K |
|
|
CSR
2599
Centerspace
CSR
$917M
| $804K | ﹤0.01% |
11,830
-83
| -0.7% | -$5.92K |
|
|
ONEM
2600
DELISTED
1Life Healthcare
ONEM
| $804K | ﹤0.01% |
20,569
+8,368
| +69% | +$393K |
|
Similar funds
LPL Financial's Q1 2021 Portfolio in Review
As of Q1 2021, LPL Financial held 4,220 positions worth $87B, up 13% from $77.2B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.64B of net new capital in Q1 2021, opening 412 new positions and adding to 2,444 existing holdings. Its largest new stake was Invesco NASDAQ 100 ETF: 270,313 shares worth $35.5M.
By sector, the portfolio is most concentrated in Technology at 6% of assets, down from 6.5% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $192M trimmed.
- LPL Financial's largest Q1 2021 buy was Invesco NASDAQ 100 ETF: 270,313 shares worth $35.5M.
- LPL Financial added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $403M increase.
- LPL Financial's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $192M.
- LPL Financial fully exited SPDR MFS Systematic Growth Equity ETF of SSgA Active Trust in Q1 2021, selling an estimated $3.61M.
- LPL Financial's ten largest holdings make up 19% of its $87B portfolio in Q1 2021.
- LPL Financial opened 412 new positions and closed 149 in Q1 2021.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $87B.
Based on LPL Financial's 13F filing for Q1 2021, filed 14 May 2021.