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 | |
|---|---|---|---|---|---|---|
3626
Madison Square Garden
MSGS
$9.27B
| $348K | ﹤0.01% |
1,787
-40
| -2% | -$7.45K |
|
3627
RGC Resources
RGCO
$224M
| $348K | ﹤0.01% |
15,009
-3,711
| -20% | -$87.6K |
|
3628
Energizer
ENR
$1.45B
| $348K | ﹤0.01% |
10,019
-3,858
| -28% | -$137K |
|
3629
Alkermes
ALKS
$8.31B
| $346K | ﹤0.01% |
12,271
+2,927
| +31% | +$79.7K |
|
3630
CALL
Netflix
NFLX
$305B
| $345K | ﹤0.01% |
10,000
| – | – |
|
|
TGB
3631
Trekor Metals
TGB
$2.55B
| $345K | ﹤0.01% |
207,911
+194,000
| +1,395% | +$322K |
|
3632
Global X Renewable Energy Producers ETF
RNRG
$25.8M
| $345K | ﹤0.01% |
9,276
-765
| -8% | -$29.3K |
|
3633
Mesa Laboratories
MLAB
$584M
| $344K | ﹤0.01% |
1,971
+467
| +31% | +$83.7K |
|
3634
Bumble
BMBL
$403M
| $344K | ﹤0.01% |
17,574
-6,362
| -27% | -$144K |
|
|
HONE
3635
DELISTED
HarborOne Bancorp
HONE
| $343K | ﹤0.01% |
28,152
-5,809
| -17% | -$77.7K |
|
|
EIM
3636
Eaton Vance Municipal Bond Fund
EIM
$492M
| $343K | ﹤0.01% |
33,001
+5,091
| +18% | +$52.2K |
|
|
GTY
3637
Getty Realty Corp
GTY
$2.1B
| $343K | ﹤0.01% |
9,514
+1,247
| +15% | +$43.7K |
|
3638
BNY Mellon US Small Cap Core Equity ETF
BKSE
$88.7M
| $343K | ﹤0.01% |
12,648
+2,040
| +19% | +$56.2K |
|
3639
Franklin Municipal Green Bond ETF
FLMB
$74.7M
| $342K | ﹤0.01% |
14,324
+295
| +2% | +$7.01K |
|
3640
Lemonade
LMND
$4.1B
| $340K | ﹤0.01% |
23,855
+856
| +4% | +$13K |
|
|
SOVO
3641
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $340K | ﹤0.01% |
20,374
-2,392
| -11% | -$33.6K |
|
3642
Cheesecake Factory
CAKE
$5.21B
| $340K | ﹤0.01% |
9,690
-359
| -4% | -$13.4K |
|
3643
Dimensional Inflation-Protected Securities ETF
DFIP
$1.12B
| $340K | ﹤0.01% |
7,929
-635
| -7% | -$26.6K |
|
|
SYNH
3644
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $340K | ﹤0.01% |
9,532
-1,065
| -10% | -$38.6K |
|
|
ORGN
3645
DELISTED
Origin Materials
ORGN
| $339K | ﹤0.01% |
2,648
+298
| +13% | +$44K |
|
3646
Valaris
VAL
$5.32B
| $339K | ﹤0.01% |
+5,208
| New | +$363K |
|
3647
PUT
Viasat
VSAT
$11.2B
| $338K | ﹤0.01% |
+10,000
| New | +$341K |
|
3648
Vita Coco
COCO
$3.67B
| $337K | ﹤0.01% |
17,200
+7,000
| +69% | +$110K |
|
3649
CTS Corp
CTS
$1.86B
| $337K | ﹤0.01% |
6,803
-243
| -3% | -$10.9K |
|
3650
Vornado Realty Trust
VNO
$7.51B
| $336K | ﹤0.01% |
21,886
+1,254
| +6% | +$25.3K |
|
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.