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 | |
|---|---|---|---|---|---|---|
2926
Littelfuse
LFUS
$11.8B
| $562K | ﹤0.01% |
2,125
+101
| +5% | +$26.9K |
|
|
SII
2927
Sprott
SII
$2.7B
| $562K | ﹤0.01% |
14,784
+7,029
| +91% | +$245K |
|
2928
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $560K | ﹤0.01% |
43,085
+3,644
| +9% | +$46.5K |
|
2929
Rush Enterprises Class A
RUSHA
$6.43B
| $559K | ﹤0.01% |
16,840
+295
| +2% | +$8.8K |
|
|
ENDP
2930
DELISTED
Endo International plc
ENDP
| $559K | ﹤0.01% |
75,490
+2,932
| +4% | +$23.8K |
|
2931
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$109M
| $558K | ﹤0.01% |
19,414
+1,831
| +10% | +$53.7K |
|
2932
PLDT
PHI
$4.26B
| $555K | ﹤0.01% |
+21,221
| New | +$594K |
|
2933
First Trust Emerging Markets Equity Select ETF
RNEM
$17.2M
| $555K | ﹤0.01% |
11,169
+2,516
| +29% | +$122K |
|
|
GPP
2934
DELISTED
Green Plains Partners LP
GPP
| $555K | ﹤0.01% |
45,074
+388
| +0.9% | +$4.12K |
|
|
TEN
2935
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $555K | ﹤0.01% |
51,737
+277
| +0.5% | +$3.03K |
|
2936
International Seaways
INSW
$4.58B
| $554K | ﹤0.01% |
28,607
+2,395
| +9% | +$44.4K |
|
|
SBI
2937
Western Asset Intermediate Muni Fund
SBI
$107M
| $554K | ﹤0.01% |
59,657
+14,750
| +33% | +$136K |
|
2938
Ameresco
AMRC
$1.48B
| $553K | ﹤0.01% |
11,373
+2,446
| +27% | +$135K |
|
2939
Mueller Water Products
MWA
$4.16B
| $553K | ﹤0.01% |
39,784
+652
| +2% | +$8.46K |
|
|
WINC
2940
DELISTED
Western Asset Short Duration Income ETF
WINC
| $553K | ﹤0.01% |
+21,225
| New | +$556K |
|
2941
TG Therapeutics
TGTX
$7.46B
| $552K | ﹤0.01% |
11,448
-8,936
| -44% | -$429K |
|
2942
Village Farms International
VFF
$242M
| $552K | ﹤0.01% |
41,706
+26,272
| +170% | +$377K |
|
2943
Ashland
ASH
$3.31B
| $550K | ﹤0.01% |
6,200
-222
| -3% | -$19.1K |
|
2944
Group 1 Automotive
GPI
$3.41B
| $550K | ﹤0.01% |
3,485
+1,238
| +55% | +$189K |
|
2945
Citi Trends
CTRN
$605M
| $548K | ﹤0.01% |
+6,539
| New | +$466K |
|
|
NBH
2946
Neuberger Municipal Fund Inc
NBH
$302M
| $548K | ﹤0.01% |
34,524
+6,281
| +22% | +$98.9K |
|
2947
AerCap
AER
$24.4B
| $546K | ﹤0.01% |
9,289
-450
| -5% | -$21.9K |
|
2948
Designer Brands
DBI
$336M
| $545K | ﹤0.01% |
+31,300
| New | +$393K |
|
2949
Supernus Pharmaceuticals
SUPN
$2.51B
| $545K | ﹤0.01% |
20,819
+3,874
| +23% | +$108K |
|
2950
Shoals Technologies Group
SHLS
$1.55B
| $544K | ﹤0.01% |
+15,647
| New | +$554K |
|
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.