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 | |
|---|---|---|---|---|---|---|
2651
Avis
CAR
$4.9B
| $1.14M | ﹤0.01% |
5,869
+1,954
| +50% | +$392K |
|
2652
Enterprise Financial Services Corp
EFSC
$2.42B
| $1.14M | ﹤0.01% |
25,625
+15,519
| +154% | +$794K |
|
2653
Rentokil
RTO
$12.5B
| $1.14M | ﹤0.01% |
31,252
+5,079
| +19% | +$160K |
|
2654
Chord Energy
CHRD
$7.32B
| $1.14M | ﹤0.01% |
8,471
+751
| +10% | +$102K |
|
2655
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$323M
| $1.14M | ﹤0.01% |
39,080
+31,755
| +434% | +$908K |
|
|
BERY
2656
DELISTED
Berry Global Group, Inc.
BERY
| $1.14M | ﹤0.01% |
21,004
-3,466
| -14% | -$192K |
|
2657
Honda
HMC
$39.7B
| $1.14M | ﹤0.01% |
42,884
+5,235
| +14% | +$131K |
|
2658
Teucrium Wheat Fund
WEAT
$297M
| $1.14M | ﹤0.01% |
32,160
-58,380
| -64% | -$2.16M |
|
|
MFM
2659
Aberdeen Municipal Income Fund
MFM
$221M
| $1.13M | ﹤0.01% |
212,512
-21,023
| -9% | -$109K |
|
2660
Columbia Sportswear
COLM
$2.93B
| $1.13M | ﹤0.01% |
12,535
+2,410
| +24% | +$216K |
|
|
GERM
2661
DELISTED
Amplify Treatments, Testing and Advancements ETF
GERM
| $1.13M | ﹤0.01% |
55,252
+1,661
| +3% | +$37.2K |
|
|
PCF
2662
High Income Securities Fund
PCF
$99.2M
| $1.13M | ﹤0.01% |
173,313
+22,250
| +15% | +$149K |
|
2663
Kontoor Brands
KTB
$4.62B
| $1.13M | ﹤0.01% |
23,274
-12,106
| -34% | -$574K |
|
2664
Samsara
IOT
$22.6B
| $1.13M | ﹤0.01% |
57,089
-206
| -0.4% | -$3.27K |
|
2665
Cohen & Steers Duration Preferred & Income Fund
LDP
$598M
| $1.13M | ﹤0.01% |
63,103
+3,201
| +5% | +$63.1K |
|
2666
State Street SPDR S&P Capital Markets ETF
KCE
$471M
| $1.12M | ﹤0.01% |
13,538
+3,325
| +33% | +$286K |
|
2667
Bloom Energy
BE
$69B
| $1.12M | ﹤0.01% |
56,401
+3,856
| +7% | +$84.4K |
|
|
EAD
2668
Allspring Income Opportunities Fund
EAD
$378M
| $1.12M | ﹤0.01% |
177,528
-3,675
| -2% | -$24.2K |
|
|
SNLN
2669
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.12M | ﹤0.01% |
76,196
+3,543
| +5% | +$52.4K |
|
2670
CALL
Wynn Resorts
WYNN
$10.5B
| $1.12M | ﹤0.01% |
10,000
| – | – |
|
2671
ATI
ATI
$28B
| $1.12M | ﹤0.01% |
28,306
+11,290
| +66% | +$426K |
|
2672
Nelnet
NNI
$4.88B
| $1.12M | ﹤0.01% |
12,150
+417
| +4% | +$38.6K |
|
|
CPRX
2673
DELISTED
Catalyst Pharmaceutical
CPRX
| $1.11M | ﹤0.01% |
67,212
+14,646
| +28% | +$242K |
|
2674
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$174M
| $1.11M | ﹤0.01% |
24,513
-526
| -2% | -$24K |
|
2675
iShares Global Consumer Discretionary ETF
RXI
$275M
| $1.11M | ﹤0.01% |
7,657
-1,342
| -15% | -$187K |
|
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.