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 | |
|---|---|---|---|---|---|---|
4276
RxSight
RXST
$260M
| $445K | ﹤0.01% |
17,634
-7,373
| -29% | -$219K |
|
4277
Vipshop
VIPS
$7.47B
| $444K | ﹤0.01% |
28,335
+4,171
| +17% | +$63K |
|
4278
NCR Voyix
VYX
$1.22B
| $444K | ﹤0.01% |
45,561
+789
| +2% | +$9.26K |
|
4279
LSB Industries
LXU
$707M
| $444K | ﹤0.01% |
67,400
-2,700
| -4% | -$21.1K |
|
4280
New York Times
NYT
$12.2B
| $444K | ﹤0.01% |
8,949
+785
| +10% | +$39.5K |
|
4281
Global X E-commerce ETF
EBIZ
$29.3M
| $444K | ﹤0.01% |
15,544
+7
| +0% | +$206 |
|
4282
Unitil
UTL
$964M
| $444K | ﹤0.01% |
7,690
+149
| +2% | +$8.2K |
|
4283
Procept Biorobotics
PRCT
$1.04B
| $443K | ﹤0.01% |
7,607
-1,834
| -19% | -$125K |
|
4284
Arrow Dow Jones Global Yield ETF
GYLD
$37.5M
| $443K | ﹤0.01% |
34,296
+6,593
| +24% | +$83.7K |
|
4285
Telkom Indonesia
TLK
$15B
| $442K | ﹤0.01% |
29,959
+12,620
| +73% | +$197K |
|
4286
United Microelectronic
UMC
$51.7B
| $442K | ﹤0.01% |
61,870
+18
| +0% | +$115 |
|
4287
Lightwave Logic
LWLG
$1.22B
| $442K | ﹤0.01% |
431,320
+2,125
| +0.5% | +$3.31K |
|
4288
Goldman Sachs Innovate Equity ETF
GINN
$212M
| $441K | ﹤0.01% |
7,492
+96
| +1% | +$6.03K |
|
4289
PUT
United Parcel Service
UPS
$90.8B
| $440K | ﹤0.01% |
4,000
-1,100
| -22% | -$132K |
|
4290
T. Rowe Price Floating Rate ETF
TFLR
$674M
| $440K | ﹤0.01% |
8,613
-3,973
| -32% | -$205K |
|
4291
Zacks Earnings Consistent Portfolio ETF
ZECP
$369M
| $439K | ﹤0.01% |
14,595
-1,702
| -10% | -$52.7K |
|
4292
Wolverine World Wide
WWW
$1.62B
| $439K | ﹤0.01% |
31,537
+14,506
| +85% | +$265K |
|
4293
Woori Financial
WF
$17B
| $439K | ﹤0.01% |
13,138
-208
| -2% | -$6.95K |
|
|
SOBO
4294
South Bow Corp
SOBO
$7.54B
| $438K | ﹤0.01% |
17,159
-6,741
| -28% | -$169K |
|
4295
FIVE9
FIVN
$2.22B
| $438K | ﹤0.01% |
16,128
+8,050
| +100% | +$295K |
|
4296
Navitas Semiconductor
NVTS
$3.31B
| $437K | ﹤0.01% |
213,103
+124,016
| +139% | +$355K |
|
4297
PUT
Accenture
ACN
$104B
| $437K | ﹤0.01% |
+1,400
| New | +$494K |
|
4298
ProShares Equities for Rising Rates ETF
EQRR
$33.8M
| $436K | ﹤0.01% |
7,374
+898
| +14% | +$52.9K |
|
4299
CALL
Eaton
ETN
$170B
| $435K | ﹤0.01% |
+1,600
| New | +$498K |
|
4300
PUT
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $434K | ﹤0.01% |
4,200
| – | – |
|
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.