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 | |
|---|---|---|---|---|---|---|
3001
AMC Global Media
AMCX
$490M
| $512K | ﹤0.01% |
9,635
-12,480
| -56% | -$682K |
|
3002
MYR Group
MYRG
$5.34B
| $512K | ﹤0.01% |
7,142
+721
| +11% | +$45.6K |
|
3003
Upbound Group
UPBD
$1.21B
| $512K | ﹤0.01% |
8,877
+1,557
| +21% | +$81.5K |
|
|
B
3004
DELISTED
Barnes Group Inc.
B
| $512K | ﹤0.01% |
10,326
-4,332
| -30% | -$227K |
|
3005
Opendoor
OPEN
$4.02B
| $510K | ﹤0.01% |
24,865
+5,864
| +31% | +$155K |
|
|
BCV
3006
Bancroft Fund
BCV
$138M
| $508K | ﹤0.01% |
17,237
+5,702
| +49% | +$179K |
|
|
EVM
3007
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $507K | ﹤0.01% |
43,554
-11,901
| -21% | -$137K |
|
3008
EXL Service
EXLS
$5.16B
| $507K | ﹤0.01% |
28,095
-1,580
| -5% | -$26.9K |
|
3009
Home BancShares
HOMB
$6.34B
| $506K | ﹤0.01% |
18,718
-1,130
| -6% | -$27.2K |
|
3010
Helmerich & Payne
HP
$3.43B
| $506K | ﹤0.01% |
18,776
+1,493
| +9% | +$41.2K |
|
3011
Schrodinger
SDGR
$1.17B
| $506K | ﹤0.01% |
6,633
+767
| +13% | +$69K |
|
3012
M/I Homes
MHO
$3.8B
| $505K | ﹤0.01% |
8,550
-142
| -2% | -$7.37K |
|
3013
VanEck Steel ETF
SLX
$174M
| $505K | ﹤0.01% |
9,056
+2,503
| +38% | +$124K |
|
|
MGP
3014
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $505K | ﹤0.01% |
15,473
+6,021
| +64% | +$195K |
|
|
XLRN
3015
DELISTED
Acceleron Pharma
XLRN
| $505K | ﹤0.01% |
3,724
+1,399
| +60% | +$181K |
|
3016
Flowserve
FLS
$10.1B
| $504K | ﹤0.01% |
12,997
+606
| +5% | +$23.3K |
|
3017
Descartes Systems
DSGX
$6.55B
| $502K | ﹤0.01% |
8,246
+2,785
| +51% | +$170K |
|
3018
Safety Insurance
SAFT
$1.51B
| $502K | ﹤0.01% |
5,964
+2,143
| +56% | +$172K |
|
|
CLPR
3019
Clipper Realty
CLPR
$44.6M
| $501K | ﹤0.01% |
63,250
+50,250
| +387% | +$388K |
|
|
LOUP
3020
Innovator Deepwater Frontier Tech ETF
LOUP
$213M
| $501K | ﹤0.01% |
+9,268
| New | +$525K |
|
3021
Host Hotels & Resorts
HST
$17.2B
| $500K | ﹤0.01% |
29,684
+1,873
| +7% | +$29.3K |
|
3022
KNOT Offshore Partners
KNOP
$364M
| $500K | ﹤0.01% |
28,088
-893
| -3% | -$15.3K |
|
|
HT
3023
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $499K | ﹤0.01% |
47,336
+7,600
| +19% | +$73.2K |
|
|
FT
3024
Franklin Universal Trust
FT
$199M
| $498K | ﹤0.01% |
66,466
+14,097
| +27% | +$105K |
|
3025
Madison Square Garden
MSGS
$9.56B
| $497K | ﹤0.01% |
+2,770
| New | +$511K |
|
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.