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 MBS ETF
MBB
|
+$929M |
| 2 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$468M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$346M |
| 4 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$336M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$227M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$546M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$481M |
| 3 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$298M |
| 4 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$252M |
| 5 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$201M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.96% |
| 2 | Healthcare | 2.96% |
| 3 | Financials | 2.91% |
| 4 | Consumer Discretionary | 2.4% |
| 5 | Industrials | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
FlexShares STOXX Global ESG Select Index Fund
ESGG
$114M
| $1.24M | ﹤0.01% |
9,357
-45
| -0.5% | -$5.77K |
|
|
EVBG
2577
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $1.23M | ﹤0.01% |
35,608
+19,330
| +119% | +$618K |
|
2578
Watts Water Technologies
WTS
$12.1B
| $1.23M | ﹤0.01% |
7,329
+737
| +11% | +$121K |
|
2579
Perrigo
PRGO
$1.84B
| $1.23M | ﹤0.01% |
34,350
-2,262
| -6% | -$81.8K |
|
|
JBTM
2580
JBT Marel
JBTM
$6.35B
| $1.23M | ﹤0.01% |
11,239
+8,581
| +323% | +$908K |
|
2581
Chesapeake Utilities
CPK
$3.21B
| $1.23M | ﹤0.01% |
9,590
+4,764
| +99% | +$591K |
|
|
QIG
2582
WisdomTree U.S. Corporate Bond Fund
QIG
$17.5M
| $1.22M | ﹤0.01% |
27,519
-2,590
| -9% | -$114K |
|
2583
Old National Bancorp
ONB
$10.3B
| $1.22M | ﹤0.01% |
84,781
+2,151
| +3% | +$36.4K |
|
2584
First Trust India Nifty 50 Equal Weight ETF
NFTY
$119M
| $1.22M | ﹤0.01% |
29,114
+5,996
| +26% | +$258K |
|
2585
Franklin FTSE United Kingdom ETF
FLGB
$898M
| $1.22M | ﹤0.01% |
50,491
+376
| +0.8% | +$9.04K |
|
2586
Alliance Resource Partners
ARLP
$3.27B
| $1.22M | ﹤0.01% |
60,600
+11,632
| +24% | +$238K |
|
2587
Albertsons Companies
ACI
$5.75B
| $1.22M | ﹤0.01% |
58,731
+2,559
| +5% | +$52.9K |
|
|
WCC
2588
WESCO International
WCC
$18.2B
| $1.22M | ﹤0.01% |
7,895
+2,074
| +36% | +$311K |
|
2589
Parsons
PSN
$5.1B
| $1.22M | ﹤0.01% |
27,260
+17,938
| +192% | +$788K |
|
|
ENV
2590
DELISTED
ENVESTNET, INC.
ENV
| $1.22M | ﹤0.01% |
20,769
+1,814
| +10% | +$113K |
|
|
OEFA
2591
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$37.1M
| $1.22M | ﹤0.01% |
45,291
+2,679
| +6% | +$68.4K |
|
2592
Thor Industries
THO
$4.14B
| $1.22M | ﹤0.01% |
15,283
+617
| +4% | +$54.4K |
|
2593
ONE Gas
OGS
$4.97B
| $1.22M | ﹤0.01% |
15,360
-94
| -0.6% | -$7.45K |
|
2594
YPF
YPF
$19.1B
| $1.22M | ﹤0.01% |
110,822
+4,240
| +4% | +$46.7K |
|
|
NIE
2595
Virtus Equity & Convertible Income Fund
NIE
$729M
| $1.21M | ﹤0.01% |
61,751
+3,508
| +6% | +$68.8K |
|
2596
Innovator US Equity Buffer ETF November
BNOV
$214M
| $1.21M | ﹤0.01% |
38,263
+821
| +2% | +$25.3K |
|
2597
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $1.21M | ﹤0.01% |
23,319
-127
| -0.5% | -$7.2K |
|
|
PDCE
2598
DELISTED
PDC Energy, Inc.
PDCE
| $1.21M | ﹤0.01% |
18,836
-494
| -3% | -$32K |
|
2599
Gentherm
THRM
$1.28B
| $1.21M | ﹤0.01% |
20,003
+2,929
| +17% | +$196K |
|
2600
Woodside Energy
WDS
$41.9B
| $1.21M | ﹤0.01% |
53,771
+3,616
| +7% | +$86.9K |
|
Similar funds
LPL Financial's Q1 2023 Portfolio in Review
As of Q1 2023, LPL Financial held 4,683 positions worth $128B, up 10% from $117B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $5.89B of net new capital in Q1 2023, opening 238 new positions and adding to 2,599 existing holdings. Its largest new stake was AB Tax-Aware Short Duration Municipal ETF: 1,348,071 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 6% of assets, up from 5.1% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $546M trimmed.
- LPL Financial's largest Q1 2023 buy was AB Tax-Aware Short Duration Municipal ETF: 1,348,071 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q1 2023, an estimated $929M increase.
- LPL Financial's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $546M.
- LPL Financial fully exited STORE Capital Corporation in Q1 2023, selling an estimated $20.5M.
- LPL Financial's ten largest holdings make up 17% of its $128B portfolio in Q1 2023.
- LPL Financial opened 238 new positions and closed 199 in Q1 2023.
- LPL Financial's portfolio value rose 10% quarter-over-quarter to $128B.
Based on LPL Financial's 13F filing for Q1 2023, filed 10 May 2023.