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 | |
|---|---|---|---|---|---|---|
3126
Greystone Housing Impact Investors LP
GHI
$139M
| $651K | ﹤0.01% |
38,269
+15,282
| +66% | +$271K |
|
3127
DHT Holdings
DHT
$2.98B
| $648K | ﹤0.01% |
59,968
-14,983
| -20% | -$151K |
|
3128
BlackRock MuniYield Quality Fund III
MYI
$714M
| $648K | ﹤0.01% |
57,135
+7,347
| +15% | +$82.1K |
|
3129
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.51B
| $648K | ﹤0.01% |
41,506
+7,818
| +23% | +$114K |
|
3130
iShares MSCI Poland ETF
EPOL
$754M
| $648K | ﹤0.01% |
+41,836
| New | +$664K |
|
|
MINC
3131
DELISTED
AdvisorShares Newfleet Multi-Sector Income ETF
MINC
| $647K | ﹤0.01% |
14,423
-497
| -3% | -$22.3K |
|
3132
FNB Corp
FNB
$6.9B
| $644K | ﹤0.01% |
55,523
-17,540
| -24% | -$234K |
|
3133
OceanFirst Financial
OCFC
$1.71B
| $643K | ﹤0.01% |
34,768
+16,938
| +95% | +$375K |
|
3134
iShares US & Intl High Yield Corp Bond ETF
GHYG
$199M
| $640K | ﹤0.01% |
14,956
-1,083
| -7% | -$45.8K |
|
3135
iShares MSCI Israel ETF
EIS
$902M
| $640K | ﹤0.01% |
11,689
+3,789
| +48% | +$215K |
|
|
CIM
3136
Chimera Investment
CIM
$1.06B
| $635K | ﹤0.01% |
37,544
-4,162
| -10% | -$79.6K |
|
3137
Zeta Global
ZETA
$6.05B
| $635K | ﹤0.01% |
58,628
+155
| +0.3% | +$1.49K |
|
3138
RUM Group Inc
RUM
$1.77B
| $634K | ﹤0.01% |
63,434
+9,201
| +17% | +$82.9K |
|
|
PNT
3139
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $634K | ﹤0.01% |
87,140
+8,070
| +10% | +$59.9K |
|
3140
Invesco S&P SmallCap Industrials ETF
PSCI
$197M
| $632K | ﹤0.01% |
6,618
+1,540
| +30% | +$147K |
|
3141
Alpha Metallurgical Resources
AMR
$1.76B
| $630K | ﹤0.01% |
4,041
+1,489
| +58% | +$238K |
|
3142
Blackbaud
BLKB
$2.01B
| $628K | ﹤0.01% |
9,062
-35
| -0.4% | -$2.1K |
|
3143
Shake Shack
SHAK
$2.67B
| $626K | ﹤0.01% |
11,273
-5,506
| -33% | -$304K |
|
3144
Peloton Interactive
PTON
$2.79B
| $625K | ﹤0.01% |
55,153
-4,619
| -8% | -$55.5K |
|
3145
Worthington Enterprises
WOR
$2.78B
| $625K | ﹤0.01% |
15,675
-3,710
| -19% | -$131K |
|
3146
Autoliv
ALV
$9.07B
| $625K | ﹤0.01% |
6,689
+76
| +1% | +$6.71K |
|
3147
NOV
NOV
$7.13B
| $623K | ﹤0.01% |
33,664
-462
| -1% | -$9.97K |
|
|
IBTX
3148
DELISTED
Independent Bank Group, Inc.
IBTX
| $623K | ﹤0.01% |
13,436
-57
| -0.4% | -$3.24K |
|
3149
Roundhill Sports Betting & iGaming ETF
BETZ
$50.1M
| $620K | ﹤0.01% |
38,166
-1,262
| -3% | -$20.1K |
|
3150
CALL
Amazon
AMZN
$2.99T
| $620K | ﹤0.01% |
6,000
| – | – |
|
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.