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 | |
|---|---|---|---|---|---|---|
|
SRTA
4201
Strata Critical Medical Inc
SRTA
$434M
| $103K | ﹤0.01% |
30,328
| – | – |
|
4202
Diamondrock Hospitality Co
DRH
$2.71B
| $101K | ﹤0.01% |
12,432
+2,033
| +20% | +$17.6K |
|
|
AMRS
4203
DELISTED
Amyris Inc.
AMRS
| $100K | ﹤0.01% |
73,570
+9,925
| +16% | +$14.2K |
|
4204
Medallion Financial
MFIN
$229M
| $99.7K | ﹤0.01% |
13,005
| – | – |
|
4205
Anixa Biosciences
ANIX
$116M
| $99.4K | ﹤0.01% |
23,110
+1,000
| +5% | +$4.38K |
|
4206
Oxford Square Capital
OXSQ
$163M
| $98.6K | ﹤0.01% |
31,206
-1,266
| -4% | -$4.3K |
|
4207
ASE Group
ASX
$77.3B
| $97.8K | ﹤0.01% |
12,276
-2,127
| -15% | -$15.5K |
|
|
PNI
4208
PIMCO New York Municipal Income Fund II
PNI
$76.2M
| $97.8K | ﹤0.01% |
+12,651
| New | +$99.5K |
|
|
SFIX
4209
Stitch Fix
SFIX
$536M
| $97.7K | ﹤0.01% |
19,119
+3,357
| +21% | +$15.7K |
|
4210
W&T Offshore
WTI
$534M
| $97.5K | ﹤0.01% |
19,191
+1,100
| +6% | +$6.15K |
|
|
NKLA
4211
DELISTED
Nikola Corporation Common Stock
NKLA
| $97.1K | ﹤0.01% |
2,674
-2,402
| -47% | -$158K |
|
|
GF
4212
New Germany Fund
GF
$182M
| $96.8K | ﹤0.01% |
+10,646
| New | +$97K |
|
|
GLO
4213
Clough Global Opportunities Fund
GLO
$250M
| $96.4K | ﹤0.01% |
19,723
+470
| +2% | +$2.31K |
|
|
RDFN
4214
DELISTED
Redfin
RDFN
| $96.3K | ﹤0.01% |
10,627
-34
| -0.3% | -$254 |
|
|
SCU
4215
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $95.7K | ﹤0.01% |
11,118
+935
| +9% | +$8.39K |
|
|
MOMO
4216
Hello Group
MOMO
$885M
| $93.9K | ﹤0.01% |
10,320
-6,450
| -38% | -$61.6K |
|
4217
Full House Resorts
FLL
$80.1M
| $92.9K | ﹤0.01% |
12,851
-8
| -0.1% | -$69 |
|
4218
Zevra Therapeutics
ZVRA
$562M
| $92.3K | ﹤0.01% |
16,781
+6,431
| +62% | +$34K |
|
|
AGRX
4219
DELISTED
Agile Therapeutics
AGRX
| $92.2K | ﹤0.01% |
8,230
| – | – |
|
|
TRUE
4220
DELISTED
TrueCar
TRUE
| $92K | ﹤0.01% |
40,000
| – | – |
|
4221
CI&T Inc
CINT
$431M
| $91K | ﹤0.01% |
16,514
-4,146
| -20% | -$25.9K |
|
|
SVM
4222
Silvercorp Metals
SVM
$2.07B
| $90.6K | ﹤0.01% |
23,707
-44,106
| -65% | -$145K |
|
|
VRN
4223
DELISTED
Veren
VRN
| $90.2K | ﹤0.01% |
12,780
+1,451
| +13% | +$10.1K |
|
|
OTLY
4224
Oatly Group
OTLY
$465M
| $89.9K | ﹤0.01% |
1,857
-92
| -5% | -$4.3K |
|
4225
RPC Inc
RES
$1.24B
| $89.5K | ﹤0.01% |
11,645
+872
| +8% | +$7.75K |
|
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.