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 MBS ETF
MBB
|
+$929M |
| 2 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$468M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$346M |
| 4 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$336M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$227M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$546M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$481M |
| 3 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$298M |
| 4 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$252M |
| 5 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$201M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.96% |
| 2 | Healthcare | 2.96% |
| 3 | Financials | 2.91% |
| 4 | Consumer Discretionary | 2.4% |
| 5 | Industrials | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3101
monday.com
MNDY
$3.97B
| $674K | ﹤0.01% |
4,719
+2,311
| +96% | +$312K |
|
|
NEWR
3102
DELISTED
New Relic, Inc.
NEWR
| $671K | ﹤0.01% |
8,916
-3,812
| -30% | -$257K |
|
3103
Accel Entertainment
ACEL
$979M
| $671K | ﹤0.01% |
73,657
-1,635
| -2% | -$14.7K |
|
3104
Comstock Resources
CRK
$3.94B
| $671K | ﹤0.01% |
62,160
-16,187
| -21% | -$192K |
|
|
BRSL
3105
Brightstar Lottery PLC
BRSL
$2.08B
| $670K | ﹤0.01% |
25,010
-881
| -3% | -$22.6K |
|
3106
Gerdau
GGB
$10B
| $669K | ﹤0.01% |
162,908
+19,791
| +14% | +$88.7K |
|
3107
Nuveen Municipal Income
NMI
$130M
| $669K | ﹤0.01% |
71,471
-12,288
| -15% | -$117K |
|
3108
Atlantic Union Bankshares
AUB
$6.07B
| $669K | ﹤0.01% |
19,081
-242
| -1% | -$8.95K |
|
3109
Royalty Pharma
RPRX
$25.3B
| $668K | ﹤0.01% |
18,542
+10,984
| +145% | +$407K |
|
3110
Global X FTSE Southeast Asia ETF
ASEA
$101M
| $667K | ﹤0.01% |
44,078
+16,238
| +58% | +$245K |
|
3111
Occidental Petroleum Corp Warrants
OXY.WS
$31B
| $666K | ﹤0.01% |
16,237
-388
| -2% | -$15.7K |
|
3112
COPT Defense Properties
CDP
$4.29B
| $665K | ﹤0.01% |
28,066
-2,672
| -9% | -$68.7K |
|
3113
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.8M
| $663K | ﹤0.01% |
11,865
+400
| +3% | +$22.6K |
|
|
NXJ
3114
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $662K | ﹤0.01% |
56,493
-19,521
| -26% | -$228K |
|
3115
Hecla Mining
HL
$10.3B
| $661K | ﹤0.01% |
104,434
-35,290
| -25% | -$203K |
|
3116
Freshpet
FRPT
$3.07B
| $660K | ﹤0.01% |
9,974
+1,427
| +17% | +$87.6K |
|
3117
BILL Holdings
BILL
$4.84B
| $660K | ﹤0.01% |
8,129
+132
| +2% | +$12.2K |
|
|
SJT
3118
San Juan Basin Royalty Trust
SJT
$113M
| $659K | ﹤0.01% |
+62,605
| New | +$650K |
|
3119
SSR Mining
SSRM
$5.52B
| $659K | ﹤0.01% |
43,554
+2,240
| +5% | +$34.1K |
|
3120
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.77B
| $657K | ﹤0.01% |
40,437
+28,437
| +237% | +$458K |
|
3121
Televisa
TV
$1.48B
| $656K | ﹤0.01% |
124,101
-96
| -0.1% | -$515 |
|
3122
Shenandoah Telecom
SHEN
$689M
| $656K | ﹤0.01% |
34,487
+183
| +0.5% | +$3.42K |
|
3123
Timken Company
TKR
$9.85B
| $655K | ﹤0.01% |
8,011
+1,422
| +22% | +$115K |
|
3124
Ericsson
ERIC
$33.1B
| $654K | ﹤0.01% |
111,749
+3,275
| +3% | +$18.7K |
|
3125
ALPS Medical Breakthroughs ETF
SBIO
$208M
| $651K | ﹤0.01% |
23,956
-178
| -0.7% | -$5.37K |
|
Similar funds
LPL Financial's Q1 2023 Portfolio in Review
As of Q1 2023, LPL Financial held 4,683 positions worth $128B, up 10% from $117B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $5.89B of net new capital in Q1 2023, opening 238 new positions and adding to 2,599 existing holdings. Its largest new stake was AB Tax-Aware Short Duration Municipal ETF: 1,348,071 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 6% of assets, up from 5.1% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $546M trimmed.
- LPL Financial's largest Q1 2023 buy was AB Tax-Aware Short Duration Municipal ETF: 1,348,071 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q1 2023, an estimated $929M increase.
- LPL Financial's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $546M.
- LPL Financial fully exited STORE Capital Corporation in Q1 2023, selling an estimated $20.5M.
- LPL Financial's ten largest holdings make up 17% of its $128B portfolio in Q1 2023.
- LPL Financial opened 238 new positions and closed 199 in Q1 2023.
- LPL Financial's portfolio value rose 10% quarter-over-quarter to $128B.
Based on LPL Financial's 13F filing for Q1 2023, filed 10 May 2023.