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 | |
|---|---|---|---|---|---|---|
|
WBK
3126
DELISTED
Westpac Banking Corporation
WBK
| $444K | ﹤0.01% |
23,949
-1,668
| -7% | -$29.5K |
|
3127
Curis
CRIS
$10M
| $442K | ﹤0.01% |
98
-7
| -7% | -$29.3K |
|
3128
Invesco Municipal Income Opportunities Trust
OIA
$287M
| $442K | ﹤0.01% |
55,994
+2,000
| +4% | +$15.8K |
|
3129
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.71B
| $441K | ﹤0.01% |
7,766
+976
| +14% | +$55.5K |
|
|
GCV
3130
Gabelli Convertible and Income Securities Fund
GCV
$93.3M
| $441K | ﹤0.01% |
72,443
-4,082
| -5% | -$25.8K |
|
3131
Invesco MSCI USA ETF
PBUS
$11.5B
| $441K | ﹤0.01% |
10,948
-27,827
| -72% | -$1.1M |
|
3132
Vuzix
VUZI
$200M
| $441K | ﹤0.01% |
17,345
+6,945
| +67% | +$113K |
|
3133
Nano X Imaging
NNOX
$76.6M
| $440K | ﹤0.01% |
+10,606
| New | +$571K |
|
3134
Parsons
PSN
$5.09B
| $438K | ﹤0.01% |
10,824
+385
| +4% | +$14.6K |
|
3135
Butterfly Network
BFLY
$2.19B
| $437K | ﹤0.01% |
25,937
+7,101
| +38% | +$141K |
|
|
BGFV
3136
DELISTED
Big 5 Sporting Goods
BGFV
| $437K | ﹤0.01% |
27,856
+12,506
| +81% | +$175K |
|
3137
Corsair Gaming
CRSR
$1.15B
| $437K | ﹤0.01% |
13,113
+4,978
| +61% | +$185K |
|
3138
VanEck Green Bond ETF
GRNB
$184M
| $437K | ﹤0.01% |
16,145
+1,196
| +8% | +$32.9K |
|
3139
BlackRock MuniYield Quality Fund
MQY
$806M
| $437K | ﹤0.01% |
27,507
-2,475
| -8% | -$40.5K |
|
3140
Pilgrim's Pride
PPC
$6.65B
| $436K | ﹤0.01% |
18,316
+7,959
| +77% | +$176K |
|
|
PRAH
3141
DELISTED
PRA Health Sciences, Inc.
PRAH
| $436K | ﹤0.01% |
2,842
+328
| +13% | +$44.5K |
|
|
FIRY
3142
Firy Inc
FIRY
$144M
| $435K | ﹤0.01% |
+1,143
| New | +$657K |
|
3143
Clearfield
CLFD
$436M
| $434K | ﹤0.01% |
14,408
-1,037
| -7% | -$32.9K |
|
|
BRG
3144
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $434K | ﹤0.01% |
42,936
+20,360
| +90% | +$229K |
|
|
GAN
3145
DELISTED
GAN Ltd
GAN
| $433K | ﹤0.01% |
+23,798
| New | +$603K |
|
|
ROOF
3146
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $433K | ﹤0.01% |
17,963
-544
| -3% | -$12.6K |
|
|
MNRL
3147
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $433K | ﹤0.01% |
29,597
+5,437
| +23% | +$78.8K |
|
3148
Crocs
CROX
$6.47B
| $432K | ﹤0.01% |
5,376
+529
| +11% | +$40.3K |
|
3149
H.B. Fuller
FUL
$3.07B
| $432K | ﹤0.01% |
6,865
+1,354
| +25% | +$77K |
|
3150
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$348M
| $432K | ﹤0.01% |
13,646
+1,790
| +15% | +$55.6K |
|
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.