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 | |
|---|---|---|---|---|---|---|
|
CRWV
4076
CoreWeave
CRWV
$49.7B
| $558K | ﹤0.01% |
+15,050
| New | +$580K |
|
4077
ARK Israel Innovative Technology ETF
IZRL
$142M
| $558K | ﹤0.01% |
26,015
+813
| +3% | +$19K |
|
4078
Visteon
VC
$2.79B
| $557K | ﹤0.01% |
7,182
+1,016
| +16% | +$85.5K |
|
4079
iShares MSCI Austria ETF
EWO
$185M
| $556K | ﹤0.01% |
+22,114
| New | +$520K |
|
|
CUK
4080
DELISTED
Carnival PLC
CUK
| $555K | ﹤0.01% |
31,680
-75
| -0.2% | -$1.62K |
|
4081
Camtek
CAMT
$6.93B
| $555K | ﹤0.01% |
9,471
+944
| +11% | +$76K |
|
|
OLO
4082
DELISTED
Olo Inc
OLO
| $555K | ﹤0.01% |
91,893
+763
| +0.8% | +$5.33K |
|
4083
Walker & Dunlop
WD
$1.77B
| $555K | ﹤0.01% |
6,500
+3,988
| +159% | +$357K |
|
4084
Aegon
AEG
$14B
| $554K | ﹤0.01% |
84,027
+12,027
| +17% | +$76.9K |
|
4085
United Fire Group
UFCS
$1.39B
| $553K | ﹤0.01% |
18,757
+887
| +5% | +$24K |
|
4086
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$721M
| $553K | ﹤0.01% |
+14,750
| New | +$546K |
|
4087
Plexus
PLXS
$7.38B
| $551K | ﹤0.01% |
4,300
-4,208
| -49% | -$591K |
|
4088
Pearson
PSO
$10B
| $550K | ﹤0.01% |
+34,372
| New | +$565K |
|
4089
Kadant
KAI
$3.99B
| $549K | ﹤0.01% |
1,629
+72
| +5% | +$26.2K |
|
|
RINC
4090
DELISTED
AXS Real Estate Income ETF
RINC
| $549K | ﹤0.01% |
24,700
+1,468
| +6% | +$33K |
|
4091
Tennant Co
TNC
$1.5B
| $547K | ﹤0.01% |
6,855
+2,759
| +67% | +$233K |
|
|
PDCO
4092
DELISTED
Patterson Companies, Inc.
PDCO
| $546K | ﹤0.01% |
17,482
-920
| -5% | -$28.6K |
|
4093
FT Vest Technology Dividend Target Income ETF
TDVI
$542M
| $546K | ﹤0.01% |
+24,431
| New | +$590K |
|
|
SPMV
4094
DELISTED
Invesco S&P 500 Minimum Variance ETF
SPMV
| $546K | ﹤0.01% |
11,629
+1,071
| +10% | +$50.4K |
|
|
HIO
4095
Western Asset High Income Opportunity Fund
HIO
$337M
| $545K | ﹤0.01% |
136,988
-140,950
| -51% | -$564K |
|
|
QCJL
4096
FT Vest Nasdaq-100 Conservative Buffer ETF - July
QCJL
$76.7M
| $545K | ﹤0.01% |
+26,772
| New | +$563K |
|
4097
Wipro
WIT
$19.8B
| $544K | ﹤0.01% |
177,731
+23,934
| +16% | +$81.6K |
|
4098
Innovator US Equity Buffer ETF June
BJUN
$321M
| $543K | ﹤0.01% |
13,417
+3
| +0% | +$125 |
|
4099
AllianzIM U.S. Equity Buffer10 Dec ETF
DECT
$128M
| $543K | ﹤0.01% |
17,507
+3,125
| +22% | +$100K |
|
4100
Ascendis Pharma A/S
ASND
$16B
| $542K | ﹤0.01% |
3,480
-719
| -17% | -$103K |
|
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.