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 | |
|---|---|---|---|---|---|---|
3601
DoorDash
DASH
$85.5B
| $251K | ﹤0.01% |
+1,915
| New | +$321K |
|
3602
iShares MSCI Sweden ETF
EWD
$546M
| $250K | ﹤0.01% |
5,605
-116
| -2% | -$4.97K |
|
|
JOYY
3603
JOYY Inc
JOYY
$3.71B
| $250K | ﹤0.01% |
2,662
-723
| -21% | -$78.1K |
|
3604
Arcturus Therapeutics
ARCT
$164M
| $249K | ﹤0.01% |
6,019
+636
| +12% | +$37.9K |
|
3605
Four Corners Property Trust
FCPT
$2.81B
| $249K | ﹤0.01% |
9,086
+667
| +8% | +$18.4K |
|
3606
Stepan Co
SCL
$1.46B
| $248K | ﹤0.01% |
1,955
-223
| -10% | -$27.6K |
|
|
AIOT
3607
PowerFleet Inc
AIOT
$526M
| $248K | ﹤0.01% |
30,170
+630
| +2% | +$5.19K |
|
|
CIT
3608
DELISTED
CIT Group Inc.
CIT
| $248K | ﹤0.01% |
+4,822
| New | +$216K |
|
3609
Carter Bankshares
CARE
$766M
| $247K | ﹤0.01% |
17,684
+454
| +3% | +$5.51K |
|
3610
Great Southern Bancorp
GSBC
$874M
| $247K | ﹤0.01% |
4,366
-146
| -3% | -$7.8K |
|
3611
CALL
MGM Resorts International
MGM
$11.4B
| $247K | ﹤0.01% |
6,500
| – | – |
|
3612
Nelnet
NNI
$4.88B
| $247K | ﹤0.01% |
3,393
| – | – |
|
3613
Evogene
EVGN
$5.7M
| $246K | ﹤0.01% |
4,886
+927
| +23% | +$57.4K |
|
3614
Heron Therapeutics
HRTX
$93.9M
| $246K | ﹤0.01% |
15,200
+2,990
| +24% | +$53.3K |
|
3615
Nu Skin
NUS
$252M
| $246K | ﹤0.01% |
+4,644
| New | +$253K |
|
3616
Codexis
CDXS
$151M
| $245K | ﹤0.01% |
10,705
+1,000
| +10% | +$23.4K |
|
3617
iShares JPMorgan EM Corporate Bond ETF
CEMB
$398M
| $244K | ﹤0.01% |
4,703
-673
| -13% | -$35.4K |
|
3618
TFS Financial
TFSL
$5.16B
| $244K | ﹤0.01% |
11,998
+1,465
| +14% | +$28.5K |
|
|
HDAW
3619
DELISTED
Xtrackers MSCI All World ex US High Dividend Yield Equity ETF
HDAW
| $244K | ﹤0.01% |
+9,603
| New | +$240K |
|
|
FDEU
3620
DELISTED
First Trust Dynamic Europe Equity Income Fund
FDEU
| $244K | ﹤0.01% |
19,175
+4,470
| +30% | +$54.8K |
|
3621
Pacira BioSciences
PCRX
$1.04B
| $243K | ﹤0.01% |
+3,470
| New | +$248K |
|
3622
RadNet
RDNT
$5.02B
| $243K | ﹤0.01% |
11,164
| – | – |
|
|
CTB
3623
DELISTED
Cooper Tire & Rubber Co.
CTB
| $243K | ﹤0.01% |
4,337
-2,816
| -39% | -$135K |
|
|
CMU
3624
DELISTED
MFS High Yield Municipal Trust
CMU
| $242K | ﹤0.01% |
54,352
-1,399
| -3% | -$6.28K |
|
3625
MillerKnoll
MLKN
$1.53B
| $242K | ﹤0.01% |
+5,890
| New | +$225K |
|
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.