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 | |
|---|---|---|---|---|---|---|
5226
IceCure Medical
ICCM
$9.9M
| $22.2K | ﹤0.01% |
+629
| New | +$24.6K |
|
5227
CareCloud
CCLD
$104M
| $21.5K | ﹤0.01% |
+15,463
| New | +$45.5K |
|
5228
Stereotaxis
STXS
$126M
| $21.4K | ﹤0.01% |
12,150
+400
| +3% | +$852 |
|
|
ICAD
5229
DELISTED
iCAD Inc
ICAD
| $21.1K | ﹤0.01% |
+10,265
| New | +$26.1K |
|
5230
TRX Gold Corp
TRX
$254M
| $21K | ﹤0.01% |
67,532
+5,475
| +9% | +$1.73K |
|
|
VTYX
5231
DELISTED
Ventyx Biosciences
VTYX
| $20.7K | ﹤0.01% |
18,029
+7,000
| +63% | +$12K |
|
5232
DHI Group
DHX
$182M
| $20.3K | ﹤0.01% |
14,605
| – | – |
|
5233
CALL
Prime Medicine
PRME
$527M
| $19.9K | ﹤0.01% |
+10,000
| New | +$25.5K |
|
5234
Inovio Pharmaceuticals
INO
$55.7M
| $19.9K | ﹤0.01% |
+12,197
| New | +$24.5K |
|
5235
Hyliion Holdings
HYLN
$635M
| $19.6K | ﹤0.01% |
+14,008
| New | +$27.8K |
|
5236
Compugen
CGEN
$222M
| $19.5K | ﹤0.01% |
13,378
+1,900
| +17% | +$3.71K |
|
5237
Outdoor Holding Co
POWW
$249M
| $19.3K | ﹤0.01% |
14,009
+1,100
| +9% | +$1.71K |
|
|
TMQ
5238
Trilogy Metals
TMQ
$541M
| $19.2K | ﹤0.01% |
12,418
+942
| +8% | +$1.3K |
|
5239
Wheels Up
UP
$208M
| $19.1K | ﹤0.01% |
947
+101
| +12% | +$2.78K |
|
5240
Atossa Therapeutics
ATOS
$20.6M
| $18.9K | ﹤0.01% |
1,870
-93
| -5% | -$1.13K |
|
5241
Rafael Holdings
RFL
$101M
| $18.7K | ﹤0.01% |
+10,140
| New | +$19.6K |
|
5242
Outlook Therapeutics
OTLK
$183M
| $18.5K | ﹤0.01% |
+15,127
| New | +$26.5K |
|
|
SGMO
5243
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $18K | ﹤0.01% |
27,429
-3,602
| -12% | -$3.81K |
|
|
RGLS
5244
CALL
DELISTED
Regulus Therapeutics
RGLS
| $17.5K | ﹤0.01% |
+10,000
| New | +$13.2K |
|
5245
Performance Shipping
PSHG
$21.6M
| $17.3K | ﹤0.01% |
10,800
-200
| -2% | -$331 |
|
|
OPI
5246
DELISTED
Office Properties Income Trust
OPI
| $16.7K | ﹤0.01% |
36,722
-813
| -2% | -$694 |
|
|
BNKK
5247
Bonk Inc
BNKK
$7.25M
| $16.6K | ﹤0.01% |
1,304
-1,204
| -48% | -$21.5K |
|
5248
Innoviz Technologies
INVZ
$95M
| $16.6K | ﹤0.01% |
25,388
+5,249
| +26% | +$6.07K |
|
|
NINE
5249
DELISTED
Nine Energy Service
NINE
| $16.4K | ﹤0.01% |
14,496
+636
| +5% | +$781 |
|
|
NOVA
5250
DELISTED
Sunnova Energy
NOVA
| $16.3K | ﹤0.01% |
43,948
+24,984
| +132% | +$48.1K |
|
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.