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 | |
|---|---|---|---|---|---|---|
|
GRAL
4476
GRAIL Inc
GRAL
$3.12B
| $347K | ﹤0.01% |
13,588
-81
| -0.6% | -$2.5K |
|
4477
MoonLake Immunotherapeutics
MLTX
$1.53B
| $346K | ﹤0.01% |
8,847
+701
| +9% | +$30.2K |
|
|
DUKQ
4478
Ocean Park Domestic ETF
DUKQ
$13.5M
| $346K | ﹤0.01% |
13,689
+2,379
| +21% | +$63.2K |
|
|
HYI
4479
Western Asset High Yield Opportunity Fund Inc
HYI
$135M
| $345K | ﹤0.01% |
29,162
+2,721
| +10% | +$32.7K |
|
4480
Liquidity Services
LQDT
$1.19B
| $345K | ﹤0.01% |
11,119
-300
| -3% | -$9.97K |
|
4481
Ultragenyx Pharmaceutical
RARE
$2.54B
| $344K | ﹤0.01% |
9,513
+1,430
| +18% | +$59.5K |
|
4482
First Capital
FCAP
$217M
| $344K | ﹤0.01% |
+9,015
| New | +$317K |
|
4483
Sprott Junior Uranium Miners ETF
URNJ
$337M
| $344K | ﹤0.01% |
23,949
+5,719
| +31% | +$101K |
|
4484
Hawkins
HWKN
$2.79B
| $342K | ﹤0.01% |
3,231
-266
| -8% | -$29.2K |
|
4485
Atkore
ATKR
$3.16B
| $342K | ﹤0.01% |
5,694
+2,466
| +76% | +$176K |
|
|
AIOT
4486
PowerFleet Inc
AIOT
$576M
| $341K | ﹤0.01% |
62,148
+2,374
| +4% | +$15.2K |
|
|
PINC
4487
DELISTED
Premier
PINC
| $341K | ﹤0.01% |
+17,683
| New | +$348K |
|
4488
iShares MSCI Chile ETF
ECH
$1.04B
| $340K | ﹤0.01% |
+11,418
| New | +$321K |
|
4489
TriplePoint Venture Growth BDC
TPVG
$193M
| $340K | ﹤0.01% |
48,749
+8,871
| +22% | +$67.8K |
|
|
GRRR
4490
Gorilla Technology Group
GRRR
$340M
| $339K | ﹤0.01% |
+11,450
| New | +$260K |
|
4491
FuboTV Inc
FUBO
$281M
| $339K | ﹤0.01% |
9,661
+267
| +3% | +$11.6K |
|
4492
Avantis Responsible International Equity ETF
AVSD
$496M
| $338K | ﹤0.01% |
+5,630
| New | +$333K |
|
|
LNW
4493
DELISTED
Light & Wonder
LNW
| $337K | ﹤0.01% |
3,896
+1,219
| +46% | +$117K |
|
4494
Gogo Inc
GOGO
$630M
| $336K | ﹤0.01% |
+38,992
| New | +$305K |
|
4495
Fortuna Silver Mines
FSM
$2.74B
| $336K | ﹤0.01% |
55,064
-38,441
| -41% | -$191K |
|
4496
Lindsay Corp
LNN
$1.2B
| $335K | ﹤0.01% |
2,652
+245
| +10% | +$32K |
|
4497
Vaxcyte
PCVX
$7.9B
| $335K | ﹤0.01% |
8,881
+2,318
| +35% | +$185K |
|
4498
PUT
Stryker
SYK
$129B
| $335K | ﹤0.01% |
900
-700
| -44% | -$266K |
|
4499
Mayville Engineering Co
MEC
$707M
| $334K | ﹤0.01% |
24,846
-9,200
| -27% | -$138K |
|
|
EVF
4500
Eaton Vance Senior Income Trust
EVF
$90.7M
| $333K | ﹤0.01% |
57,086
+9,034
| +19% | +$55.2K |
|
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.