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 MSCI EAFE ETF
IEFA
|
+$325M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$290M |
| 3 |
Vanguard Total Bond Market
BND
|
+$227M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$226M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$190M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$290M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$192M |
| 3 |
iShares Core S&P US Value ETF
IUSV
|
+$179M |
| 4 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$91.7M |
| 5 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$66.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.47% |
| 2 | Consumer Discretionary | 3.2% |
| 3 | Financials | 2.84% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3051
Simpson Manufacturing
SSD
$7.91B
| $363K | ﹤0.01% |
+3,879
| New | +$360K |
|
|
IBDD
3052
DELISTED
iShares iBonds Mar 2023 Term Corporate ETF
IBDD
| $363K | ﹤0.01% |
13,306
+4,180
| +46% | +$114K |
|
3053
Columbia Sportswear
COLM
$3B
| $362K | ﹤0.01% |
4,148
+461
| +13% | +$40.1K |
|
3054
BlackRock MuniYield Michigan Quality Fund
MIY
$349M
| $361K | ﹤0.01% |
24,770
+7,455
| +43% | +$106K |
|
3055
Rayonier
RYN
$6.48B
| $361K | ﹤0.01% |
13,531
+4,657
| +52% | +$119K |
|
|
BRMK
3056
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $361K | ﹤0.01% |
+35,425
| New | +$361K |
|
|
VLDR
3057
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $361K | ﹤0.01% |
+15,835
| New | +$269K |
|
|
NXQ
3058
DELISTED
NUVEEN ELECT TAX-FREE INC 2
NXQ
| $361K | ﹤0.01% |
22,672
+8,795
| +63% | +$135K |
|
3059
Jabil
JBL
$33.4B
| $360K | ﹤0.01% |
8,462
+2,244
| +36% | +$85K |
|
|
JTA
3060
DELISTED
Nuveen Tax-Advantaged Total Return Strategy Fund
JTA
| $360K | ﹤0.01% |
38,185
+8,696
| +29% | +$75.1K |
|
3061
Hancock Whitney
HWC
$6.26B
| $359K | ﹤0.01% |
10,563
-585
| -5% | -$15.8K |
|
3062
Innovator US Equity Ultra Buffer ETF October
UOCT
$180M
| $359K | ﹤0.01% |
13,337
+3,438
| +35% | +$90.9K |
|
3063
Energy Recovery
ERII
$459M
| $358K | ﹤0.01% |
26,241
+1,000
| +4% | +$10.7K |
|
3064
RenaissanceRe
RNR
$13.4B
| $358K | ﹤0.01% |
2,161
-236
| -10% | -$40.1K |
|
|
AZRE
3065
DELISTED
Azure Power Global Limited
AZRE
| $358K | ﹤0.01% |
+8,780
| New | +$279K |
|
|
GRES
3066
DELISTED
IQ ARB Global Resources
GRES
| $358K | ﹤0.01% |
13,893
| – | – |
|
3067
Matsons
MATX
$6.28B
| $357K | ﹤0.01% |
+6,262
| New | +$342K |
|
|
VTA
3068
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $357K | ﹤0.01% |
33,250
+2,088
| +7% | +$20.6K |
|
3069
Alto Ingredients
ALTO
$377M
| $356K | ﹤0.01% |
65,553
+40,750
| +164% | +$283K |
|
3070
Bloomin' Brands
BLMN
$774M
| $356K | ﹤0.01% |
18,344
+3,327
| +22% | +$56.7K |
|
3071
Civeo
CVEO
$339M
| $356K | ﹤0.01% |
25,576
+14,881
| +139% | +$177K |
|
|
GPP
3072
DELISTED
Green Plains Partners LP
GPP
| $355K | ﹤0.01% |
44,686
+1,748
| +4% | +$14.1K |
|
3073
Camtek
CAMT
$6.52B
| $354K | ﹤0.01% |
16,142
-8,053
| -33% | -$154K |
|
3074
Dorman Products
DORM
$3.82B
| $354K | ﹤0.01% |
4,080
+194
| +5% | +$18K |
|
3075
Sabre
SABR
$779M
| $354K | ﹤0.01% |
29,469
+17,033
| +137% | +$158K |
|
Similar funds
LPL Financial's Q4 2020 Portfolio in Review
As of Q4 2020, LPL Financial held 3,938 positions worth $77.2B, up 21% from $64B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
LPL Financial deployed $5.76B of net new capital in Q4 2020, opening 393 new positions and adding to 2,285 existing holdings. Its largest new stake was Global X MSCI China Consumer Discretionary ETF: 351,999 shares worth $12.5M.
By sector, the portfolio is most concentrated in Technology at 6.5% of assets, up from 6.1% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares MSCI USA Min Vol Factor ETF, an estimated $290M trimmed.
- LPL Financial's largest Q4 2020 buy was Global X MSCI China Consumer Discretionary ETF: 351,999 shares worth $12.5M.
- LPL Financial added most to iShares Core MSCI EAFE ETF in Q4 2020, an estimated $325M increase.
- LPL Financial's biggest Q4 2020 reduction was iShares MSCI USA Min Vol Factor ETF, cutting an estimated $290M.
- LPL Financial fully exited iShares iBonds Dec 2020 Term Corporate ETF in Q4 2020, selling an estimated $23.5M.
- LPL Financial's ten largest holdings make up 20% of its $77.2B portfolio in Q4 2020.
- LPL Financial opened 393 new positions and closed 132 in Q4 2020.
- LPL Financial's portfolio value rose 21% quarter-over-quarter to $77.2B.
Based on LPL Financial's 13F filing for Q4 2020, filed 12 Feb 2021.