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 | |
|---|---|---|---|---|---|---|
|
ONL
3526
Orion Office REIT
ONL
$155M
| $393K | ﹤0.01% |
58,671
+5,587
| +11% | +$45.4K |
|
3527
DoubleVerify
DV
$1.8B
| $393K | ﹤0.01% |
13,026
+396
| +3% | +$10.4K |
|
|
HIX
3528
Western Asset High Income Fund II
HIX
$350M
| $393K | ﹤0.01% |
80,792
+12,681
| +19% | +$67.3K |
|
3529
Albany International
AIN
$2.13B
| $392K | ﹤0.01% |
4,384
+90
| +2% | +$9.08K |
|
3530
ProShares Short MidCap400
MYY
$2.95M
| $391K | ﹤0.01% |
16,332
+801
| +5% | +$19K |
|
3531
Li Auto
LI
$13.6B
| $391K | ﹤0.01% |
15,677
+1,005
| +7% | +$23.7K |
|
|
SLCA
3532
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $391K | ﹤0.01% |
32,735
+1,641
| +5% | +$19.5K |
|
3533
Virgin Galactic
SPCE
$362M
| $390K | ﹤0.01% |
4,820
-229
| -5% | -$22.8K |
|
3534
Sibanye-Stillwater
SBSW
$6.33B
| $390K | ﹤0.01% |
46,872
+24,480
| +109% | +$237K |
|
3535
FT Vest US Equity Buffer ETF September
FSEP
$1.22B
| $389K | ﹤0.01% |
10,990
+1,299
| +13% | +$44.9K |
|
3536
Biohaven
BHVN
$2.01B
| $388K | ﹤0.01% |
28,424
+2,583
| +10% | +$41.1K |
|
3537
Dana Inc
DAN
$2.97B
| $388K | ﹤0.01% |
25,770
-14,663
| -36% | -$240K |
|
3538
Popular Inc
BPOP
$11.1B
| $387K | ﹤0.01% |
6,738
-4,777
| -41% | -$311K |
|
|
EVM
3539
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $387K | ﹤0.01% |
42,879
+323
| +0.8% | +$2.9K |
|
|
WFH
3540
DELISTED
Direxion Work From Home ETF
WFH
| $386K | ﹤0.01% |
8,454
-2,469
| -23% | -$109K |
|
|
TGI
3541
DELISTED
Triumph Group
TGI
| $386K | ﹤0.01% |
33,298
+16,498
| +98% | +$188K |
|
3542
CNA Financial
CNA
$14.5B
| $386K | ﹤0.01% |
9,884
-125
| -1% | -$5.24K |
|
3543
RLJ Lodging Trust
RLJ
$1.87B
| $385K | ﹤0.01% |
36,334
-4,390
| -11% | -$49.3K |
|
3544
Mohawk Industries
MHK
$9.01B
| $385K | ﹤0.01% |
3,840
+415
| +12% | +$45.2K |
|
|
EVF
3545
Eaton Vance Senior Income Trust
EVF
$90.3M
| $382K | ﹤0.01% |
71,457
-16,388
| -19% | -$90.3K |
|
3546
PUT
Honeywell
HON
$78.2B
| $382K | ﹤0.01% |
+2,122
| New | +$399K |
|
3547
Ryman Hospitality Properties
RHP
$8.31B
| $382K | ﹤0.01% |
4,257
+1,046
| +33% | +$92.7K |
|
3548
Enpro
NPO
$7.06B
| $382K | ﹤0.01% |
3,676
-393
| -10% | -$43K |
|
3549
Franklin FTSE Canada ETF
FLCA
$808M
| $382K | ﹤0.01% |
12,408
+7
| +0.1% | +$217 |
|
3550
CorVel
CRVL
$3.09B
| $381K | ﹤0.01% |
6,012
+726
| +14% | +$42.4K |
|
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.