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 | |
|---|---|---|---|---|---|---|
5126
Dyadic International
DYAI
$37.9M
| $61K | ﹤0.01% |
45,221
+334
| +0.7% | +$503 |
|
|
IMMP
5127
Immutep
IMMP
$56.1M
| $60.9K | ﹤0.01% |
34,612
+80
| +0.2% | +$154 |
|
|
CHMI
5128
Cherry Hill Mortgage Investment Corp
CHMI
$84.9M
| $60.5K | ﹤0.01% |
18,348
-30,901
| -63% | -$103K |
|
|
VMEO
5129
DELISTED
Vimeo
VMEO
| $60.4K | ﹤0.01% |
+11,476
| New | +$69.6K |
|
5130
Beyond Meat
BYND
$311M
| $60K | ﹤0.01% |
19,675
-390
| -2% | -$1.44K |
|
|
SFIX
5131
Stitch Fix
SFIX
$556M
| $59.9K | ﹤0.01% |
18,438
-63,617
| -78% | -$290K |
|
5132
SCYNEXIS
SCYX
$46.9M
| $59.9K | ﹤0.01% |
7,860
+62
| +0.8% | +$537 |
|
5133
Future Fuel
FF
$216M
| $59.1K | ﹤0.01% |
+15,159
| New | +$72.9K |
|
|
CGC
5134
Canopy Growth
CGC
$405M
| $58.9K | ﹤0.01% |
64,731
+5,099
| +9% | +$8.96K |
|
|
MYSE
5135
Myseum.AI Inc
MYSE
$11.1M
| $58.7K | ﹤0.01% |
+15,210
| New | +$48.1K |
|
|
KEEL
5136
Keel Infrastructure Corp
KEEL
$2.54B
| $58.6K | ﹤0.01% |
74,397
+2,496
| +3% | +$3.31K |
|
5137
Nuvation Bio
NUVB
$2.18B
| $57.8K | ﹤0.01% |
32,848
+1,500
| +5% | +$3.41K |
|
5138
Cerus
CERS
$441M
| $57.6K | ﹤0.01% |
41,460
-1,800
| -4% | -$3.01K |
|
|
TSE
5139
DELISTED
Trinseo
TSE
| $57.3K | ﹤0.01% |
15,567
-4,369
| -22% | -$19.9K |
|
|
ORGN
5140
DELISTED
Origin Materials
ORGN
| $56.3K | ﹤0.01% |
2,828
+13
| +0.5% | +$357 |
|
5141
Bit Digital
BTBT
$491M
| $55.7K | ﹤0.01% |
27,591
-16,322
| -37% | -$47K |
|
5142
Broadwind
BWEN
$96.9M
| $55.7K | ﹤0.01% |
38,428
-5,200
| -12% | -$8.7K |
|
|
NXDT
5143
NexPoint Diversified Real Estate Trust
NXDT
$240M
| $55.6K | ﹤0.01% |
14,523
+1,396
| +11% | +$6.93K |
|
5144
KULR Technology Group
KULR
$128M
| $55.2K | ﹤0.01% |
5,227
+1,342
| +35% | +$21K |
|
5145
Editas Medicine
EDIT
$399M
| $53.9K | ﹤0.01% |
46,486
-6,842
| -13% | -$10.1K |
|
5146
Coherus Oncology
CHRS
$221M
| $53.4K | ﹤0.01% |
66,219
+1,454
| +2% | +$1.67K |
|
5147
American Battery Technology Co
ABAT
$297M
| $53.4K | ﹤0.01% |
51,798
+4,987
| +11% | +$6.76K |
|
5148
Emergent Biosolutions
EBS
$377M
| $52.8K | ﹤0.01% |
10,856
-4,264
| -28% | -$35.3K |
|
5149
Marchex
MCHX
$80.2M
| $50.9K | ﹤0.01% |
31,240
+50
| +0.2% | +$97 |
|
5150
Genasys
GNSS
$79.7M
| $50.4K | ﹤0.01% |
22,200
| – | – |
|
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.