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 Core Universal USD Bond ETF
IUSB
|
+$403M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$391M |
| 3 |
iShares MSCI EAFE Value ETF
EFV
|
+$313M |
| 4 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$175M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$147M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$192M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$156M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$103M |
| 4 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$101M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$90.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.97% |
| 2 | Consumer Discretionary | 3.1% |
| 3 | Financials | 3.03% |
| 4 | Healthcare | 2.68% |
| 5 | Communication Services | 2.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
826
iShares Future Exponential Technologies ETF
XT
$3.82B
| $9.93M | 0.01% |
167,625
+30,520
| +22% | +$1.81M |
|
827
PPG Industries
PPG
$24.6B
| $9.92M | 0.01% |
66,026
-358
| -0.5% | -$51.3K |
|
828
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$630M
| $9.9M | 0.01% |
400,105
+143,144
| +56% | +$3.6M |
|
829
Invesco Zacks Mid-Cap ETF
CZA
$190M
| $9.89M | 0.01% |
117,457
+8,333
| +8% | +$662K |
|
830
Rio Tinto
RIO
$158B
| $9.86M | 0.01% |
127,018
+24,984
| +24% | +$2.05M |
|
831
iShares Asia 50 ETF
AIA
$4.6B
| $9.83M | 0.01% |
106,677
+63,289
| +146% | +$6.05M |
|
832
LPL Financial
LPLA
$28.3B
| $9.83M | 0.01% |
69,175
+118
| +0.2% | +$15.1K |
|
833
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.68B
| $9.82M | 0.01% |
239,360
+143,745
| +150% | +$5.42M |
|
834
DTE Energy
DTE
$29.5B
| $9.81M | 0.01% |
86,551
+1,073
| +1% | +$113K |
|
835
Trane Technologies
TT
$101B
| $9.81M | 0.01% |
59,231
+3,110
| +6% | +$481K |
|
836
State Street SPDR S&P Retail ETF
XRT
$449M
| $9.79M | 0.01% |
109,693
+60,463
| +123% | +$4.89M |
|
837
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$764M
| $9.76M | 0.01% |
363,750
+22,800
| +7% | +$607K |
|
838
First Trust Materials AlphaDEX Fund
FXZ
$368M
| $9.76M | 0.01% |
176,899
+101,817
| +136% | +$5.3M |
|
839
Fidelity Total Bond ETF
FBND
$26.9B
| $9.72M | 0.01% |
185,464
-12,501
| -6% | -$666K |
|
840
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $9.71M | 0.01% |
158,376
+15,055
| +11% | +$878K |
|
841
CME Group
CME
$96.3B
| $9.71M | 0.01% |
47,549
-14,508
| -23% | -$2.86M |
|
842
Ally Financial
ALLY
$13.2B
| $9.69M | 0.01% |
214,361
+168,292
| +365% | +$7.04M |
|
843
VictoryShares US 500 Volatility Wtd ETF
CFA
$538M
| $9.65M | 0.01% |
143,756
-7,281
| -5% | -$470K |
|
844
ProShares Short S&P500
SH
$907M
| $9.64M | 0.01% |
143,743
-216,974
| -60% | -$15.1M |
|
845
Keysight
KEYS
$54.5B
| $9.62M | 0.01% |
67,058
+2,606
| +4% | +$370K |
|
846
Invesco S&P 100 Equal Weight ETF
EQWL
$2.7B
| $9.61M | 0.01% |
127,753
+9,819
| +8% | +$707K |
|
847
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.68B
| $9.59M | 0.01% |
567,319
+19,545
| +4% | +$326K |
|
848
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$241M
| $9.57M | 0.01% |
219,930
+12,951
| +6% | +$560K |
|
|
INFO
849
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $9.55M | 0.01% |
98,689
-5,794
| -6% | -$530K |
|
850
Illumina
ILMN
$31B
| $9.53M | 0.01% |
25,509
+5,510
| +28% | +$2.25M |
|
Similar funds
LPL Financial's Q1 2021 Portfolio in Review
As of Q1 2021, LPL Financial held 4,220 positions worth $87B, up 13% from $77.2B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
LPL Financial deployed $6.64B of net new capital in Q1 2021, opening 412 new positions and adding to 2,444 existing holdings. Its largest new stake was Invesco NASDAQ 100 ETF: 270,313 shares worth $35.5M.
By sector, the portfolio is most concentrated in Technology at 6% of assets, down from 6.5% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $192M trimmed.
- LPL Financial's largest Q1 2021 buy was Invesco NASDAQ 100 ETF: 270,313 shares worth $35.5M.
- LPL Financial added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $403M increase.
- LPL Financial's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $192M.
- LPL Financial fully exited SPDR MFS Systematic Growth Equity ETF of SSgA Active Trust in Q1 2021, selling an estimated $3.61M.
- LPL Financial's ten largest holdings make up 19% of its $87B portfolio in Q1 2021.
- LPL Financial opened 412 new positions and closed 149 in Q1 2021.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $87B.
Based on LPL Financial's 13F filing for Q1 2021, filed 14 May 2021.