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 | |
|---|---|---|---|---|---|---|
2726
KBR
KBR
$4.77B
| $700K | ﹤0.01% |
18,243
+5,621
| +45% | +$179K |
|
2727
Genasys
GNSS
$79.2M
| $699K | ﹤0.01% |
104,479
-15,500
| -13% | -$113K |
|
2728
Clarus
CLAR
$129M
| $696K | ﹤0.01% |
40,839
| – | – |
|
2729
Emcor
EME
$36.2B
| $696K | ﹤0.01% |
6,207
-1,247
| -17% | -$125K |
|
2730
Cousins Properties
CUZ
$5.09B
| $695K | ﹤0.01% |
19,653
+2,377
| +14% | +$80.9K |
|
2731
Ralph Lauren
RL
$22.5B
| $695K | ﹤0.01% |
5,642
+1,156
| +26% | +$132K |
|
|
FLIR
2732
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $695K | ﹤0.01% |
12,304
-3,100
| -20% | -$168K |
|
2733
VanEck Uranium + Nuclear Energy ETF
NLR
$4.04B
| $694K | ﹤0.01% |
+13,243
| New | +$664K |
|
2734
Invesco DB Precious Metals Fund
DBP
$240M
| $693K | ﹤0.01% |
14,636
-2,141
| -13% | -$107K |
|
2735
Invesco New York AMT-Free Municipal Bond ETF
PZT
$139M
| $692K | ﹤0.01% |
26,914
+1,122
| +4% | +$29.2K |
|
2736
Henry Schein
HSIC
$10.2B
| $691K | ﹤0.01% |
9,975
+166
| +2% | +$11.2K |
|
|
JMIN
2737
DELISTED
JPMorgan U.S. Minimum Volatility ETF
JMIN
| $691K | ﹤0.01% |
20,638
-2,086
| -9% | -$67.4K |
|
2738
FuboTV Inc
FUBO
$281M
| $688K | ﹤0.01% |
2,590
+729
| +39% | +$313K |
|
|
NORW
2739
DELISTED
Global X MSCI Norway ETF
NORW
| $688K | ﹤0.01% |
49,698
-2,669
| -5% | -$35.5K |
|
2740
ADT
ADT
$5.73B
| $687K | ﹤0.01% |
81,370
-221,298
| -73% | -$1.92M |
|
|
AFB
2741
AllianceBernstein National Municipal Income Fund
AFB
$317M
| $687K | ﹤0.01% |
48,211
+2,561
| +6% | +$36.6K |
|
|
COHR
2742
DELISTED
Coherent Inc
COHR
| $687K | ﹤0.01% |
2,717
-514
| -16% | -$114K |
|
2743
Integra LifeSciences
IART
$1.39B
| $686K | ﹤0.01% |
9,929
-31
| -0.3% | -$2.1K |
|
2744
Skywest
SKYW
$4.56B
| $686K | ﹤0.01% |
12,592
+16
| +0.1% | +$788 |
|
2745
Cheniere Energy
CQP
$31.9B
| $685K | ﹤0.01% |
16,479
-1,132
| -6% | -$45.4K |
|
2746
United Microelectronic
UMC
$51.7B
| $685K | ﹤0.01% |
75,236
+2,373
| +3% | +$21.9K |
|
|
CVGW
2747
DELISTED
Calavo Growers
CVGW
| $684K | ﹤0.01% |
8,806
-452
| -5% | -$34.6K |
|
|
STK
2748
Columbia Seligman Premium Technology Growth Fund
STK
$901M
| $683K | ﹤0.01% |
21,847
+7,031
| +47% | +$208K |
|
2749
Hess Midstream
HESM
$5.17B
| $682K | ﹤0.01% |
30,399
+19,178
| +171% | +$413K |
|
|
FDIQ
2750
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$50.3M
| $681K | ﹤0.01% |
11,146
+5,155
| +86% | +$294K |
|
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.