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 | |
|---|---|---|---|---|---|---|
|
VWE
2751
DELISTED
Vintage Wine Estates, Inc. Common Stock
VWE
| $681K | ﹤0.01% |
+68,370
| New | +$687K |
|
2752
Clearway Energy Class C
CWEN
$4.94B
| $680K | ﹤0.01% |
24,172
+5,506
| +29% | +$169K |
|
2753
Global X Renewable Energy Producers ETF
RNRG
$26.1M
| $680K | ﹤0.01% |
14,271
+9,284
| +186% | +$483K |
|
2754
NiSource
NI
$21.3B
| $679K | ﹤0.01% |
28,163
+1,204
| +4% | +$27.1K |
|
2755
Robert Half
RHI
$4.19B
| $679K | ﹤0.01% |
8,702
-19
| -0.2% | -$1.38K |
|
2756
Invesco Bloomberg Analyst Rating Improvers ETF
UPGD
$121M
| $678K | ﹤0.01% |
11,709
+1,846
| +19% | +$103K |
|
|
PKO
2757
DELISTED
Pimco Income Opportunity Fund
PKO
| $678K | ﹤0.01% |
25,787
-16,294
| -39% | -$417K |
|
2758
Nuveen Select Tax-Free Income Portfolio
NXP
$897M
| $677K | ﹤0.01% |
38,915
-42,833
| -52% | -$745K |
|
2759
Xerox
XRX
$424M
| $676K | ﹤0.01% |
27,856
-153,388
| -85% | -$3.67M |
|
|
VMM
2760
DELISTED
Delaware Investments Minnesota Municipal Income Fund II
VMM
| $676K | ﹤0.01% |
51,252
+895
| +2% | +$11.8K |
|
2761
EastGroup Properties
EGP
$11B
| $675K | ﹤0.01% |
4,710
+458
| +11% | +$64.2K |
|
2762
SoFi Technologies
SOFI
$24.1B
| $675K | ﹤0.01% |
39,357
+18,491
| +89% | +$365K |
|
2763
Voya Financial
VOYA
$9.13B
| $675K | ﹤0.01% |
10,613
+844
| +9% | +$50.7K |
|
2764
Wipro
WIT
$20.3B
| $675K | ﹤0.01% |
212,800
+180,474
| +558% | +$579K |
|
|
JPI
2765
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $674K | ﹤0.01% |
26,968
-5,033
| -16% | -$122K |
|
2766
iShares MSCI Israel ETF
EIS
$902M
| $672K | ﹤0.01% |
10,419
+3,212
| +45% | +$210K |
|
|
WBIN
2767
DELISTED
WBI BullBear Trend Switch US Total Return ETF
WBIN
| $672K | ﹤0.01% |
39,234
-62,833
| -62% | -$1.08M |
|
2768
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$661M
| $671K | ﹤0.01% |
+24,699
| New | +$677K |
|
2769
TransUnion
TRU
$15.7B
| $671K | ﹤0.01% |
7,460
+1,325
| +22% | +$120K |
|
2770
CareTrust REIT
CTRE
$9.65B
| $670K | ﹤0.01% |
28,792
+11,384
| +65% | +$261K |
|
2771
PLAYSTUDIOS Inc
MYPS
$90.1M
| $670K | ﹤0.01% |
+67,423
| New | +$711K |
|
|
HSKA
2772
DELISTED
Heska Corp
HSKA
| $670K | ﹤0.01% |
3,976
+843
| +27% | +$149K |
|
2773
Hecla Mining
HL
$10.3B
| $668K | ﹤0.01% |
117,378
-66,129
| -36% | -$404K |
|
2774
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$223M
| $668K | ﹤0.01% |
38,817
-4,030
| -9% | -$71.8K |
|
2775
InfraCap MLP ETF
AMZA
$468M
| $666K | ﹤0.01% |
27,953
+5,219
| +23% | +$118K |
|
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.