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 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$647M |
| 2 |
Vanguard Russell 1000 Value ETF
VONV
|
+$623M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$530M |
| 4 |
iShares Global Infrastructure ETF
IGF
|
+$434M |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$1.08B |
| 2 |
iShares MSCI EAFE Growth ETF
EFG
|
+$347M |
| 3 |
iShares Core S&P US Growth ETF
IUSG
|
+$307M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$229M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.41% |
| 2 | Financials | 3.81% |
| 3 | Healthcare | 2.68% |
| 4 | Consumer Discretionary | 2.67% |
| 5 | Industrials | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3776
LeMaitre Vascular
LMAT
$1.84B
| $768K | ﹤0.01% |
9,157
-1,149
| -11% | -$107K |
|
3777
Magnolia Oil & Gas
MGY
$5.84B
| $767K | ﹤0.01% |
30,370
-1,732
| -5% | -$42K |
|
3778
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF
SIXJ
$149M
| $766K | ﹤0.01% |
25,597
-1,278
| -5% | -$39.1K |
|
3779
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$578M
| $765K | ﹤0.01% |
9,621
-3,057
| -24% | -$256K |
|
3780
DigitalOcean
DOCN
$14.6B
| $762K | ﹤0.01% |
22,814
+6,110
| +37% | +$239K |
|
3781
BlackLine
BL
$1.75B
| $762K | ﹤0.01% |
15,731
-1,517
| -9% | -$83.1K |
|
3782
Franklin Electric
FELE
$4.9B
| $762K | ﹤0.01% |
8,112
+1,325
| +20% | +$132K |
|
3783
Kirby Corp
KEX
$7.06B
| $761K | ﹤0.01% |
7,532
+478
| +7% | +$49.9K |
|
|
AWP
3784
abrdn Global Premier Properties Fund
AWP
$370M
| $758K | ﹤0.01% |
65,092
-1,800
| -3% | -$21.2K |
|
3785
FT Vest International Equity Moderate Buffer ETF March
YMAR
$163M
| $758K | ﹤0.01% |
31,607
+17,527
| +124% | +$415K |
|
3786
BlackRock Enhanced International Dividend Trust
BGY
$526M
| $755K | ﹤0.01% |
134,567
+13,785
| +11% | +$76.7K |
|
3787
Xtrackers MSCI Eurozone Hedged Equity ETF
DBEZ
$76.5M
| $754K | ﹤0.01% |
+15,100
| New | +$750K |
|
3788
The Greenbrier Companies
GBX
$1.53B
| $753K | ﹤0.01% |
14,699
+1,971
| +15% | +$118K |
|
3789
Digital Turbine
APPS
$1.52B
| $752K | ﹤0.01% |
277,018
+259,447
| +1,477% | +$842K |
|
3790
Provident Financial Services
PFS
$3.28B
| $751K | ﹤0.01% |
43,755
+185
| +0.4% | +$3.36K |
|
3791
CALL
Alphabet (Google) Class C
GOOG
$4.39T
| $750K | ﹤0.01% |
4,800
-1,200
| -20% | -$220K |
|
3792
Alamo Group
ALG
$2.05B
| $749K | ﹤0.01% |
4,205
+1,071
| +34% | +$197K |
|
3793
Simplify High Yield ETF
CDX
$378M
| $748K | ﹤0.01% |
32,607
+6,754
| +26% | +$153K |
|
3794
PUT
Walmart Inc
WMT
$898B
| $746K | ﹤0.01% |
8,500
-3,200
| -27% | -$300K |
|
3795
Global X Emerging Markets Bond ETF
EMBD
$249M
| $746K | ﹤0.01% |
32,639
+1,039
| +3% | +$23.8K |
|
3796
Liberty Global Class C
LBTYK
$3.58B
| $744K | ﹤0.01% |
62,173
+19,125
| +44% | +$230K |
|
3797
CALL
Palantir
PLTR
$368B
| $743K | ﹤0.01% |
8,800
+2,000
| +29% | +$176K |
|
3798
Innovator US Equity Buffer ETF May
BMAY
$236M
| $742K | ﹤0.01% |
18,711
-947
| -5% | -$38.4K |
|
3799
Radian Group
RDN
$4.86B
| $740K | ﹤0.01% |
22,367
-4,953
| -18% | -$161K |
|
|
SVC
3800
Service Properties Trust
SVC
$1.01B
| $739K | ﹤0.01% |
56,665
-2,710
| -5% | -$36.7K |
|
Similar funds
LPL Financial's Q1 2025 Portfolio in Review
As of Q1 2025, LPL Financial held 5,580 positions worth $257B, up 4.5% from $246B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
LPL Financial deployed $18.1B of net new capital in Q1 2025, opening 307 new positions and adding to 3,292 existing holdings. Its largest new stake was iShares High Yield Muni Active ETF: 1,729,238 shares worth $85.6M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 8.3% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P Mid-Cap ETF, an estimated $1.08B trimmed.
- LPL Financial's largest Q1 2025 buy was iShares High Yield Muni Active ETF: 1,729,238 shares worth $85.6M.
- LPL Financial added most to Vanguard Short-Term Inflation-Protected Securities Index Fund in Q1 2025, an estimated $647M increase.
- LPL Financial's biggest Q1 2025 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $1.08B.
- LPL Financial fully exited Aspen Technology Inc in Q1 2025, selling an estimated $6.48M.
- LPL Financial's ten largest holdings make up 15% of its $257B portfolio in Q1 2025.
- LPL Financial opened 307 new positions and closed 235 in Q1 2025.
- LPL Financial's portfolio value rose 4.5% quarter-over-quarter to $257B.
Based on LPL Financial's 13F filing for Q1 2025, filed 7 May 2025.