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 | |
|---|---|---|---|---|---|---|
1126
Ametek
AME
$55.4B
| $5.87M | 0.01% |
45,922
+5,142
| +13% | +$621K |
|
|
QIG
1127
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $5.85M | 0.01% |
111,490
+15,997
| +17% | +$860K |
|
1128
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$54.5M
| $5.84M | 0.01% |
85,775
+8,692
| +11% | +$593K |
|
1129
Vanguard Global ex-US Real Estate ETF
VNQI
$3.52B
| $5.84M | 0.01% |
104,683
-15,863
| -13% | -$868K |
|
1130
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $5.82M | 0.01% |
75,615
+6,000
| +9% | +$461K |
|
1131
Pacer Industrial Real Estate ETF
INDS
$118M
| $5.8M | 0.01% |
149,308
+61,672
| +70% | +$2.31M |
|
1132
Hormel Foods
HRL
$13.8B
| $5.79M | 0.01% |
121,176
+7,714
| +7% | +$365K |
|
1133
Cambria Global Asset Allocation ETF
GAA
$72.1M
| $5.76M | 0.01% |
187,481
+10,821
| +6% | +$331K |
|
1134
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $5.76M | 0.01% |
413,529
+36,858
| +10% | +$476K |
|
1135
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.8M
| $5.75M | 0.01% |
237,253
+93,057
| +65% | +$2.24M |
|
1136
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.42B
| $5.75M | 0.01% |
129,091
+9,992
| +8% | +$430K |
|
1137
Vertiv
VRT
$93B
| $5.73M | 0.01% |
286,671
+224,569
| +362% | +$4.53M |
|
1138
VanEck Agribusiness ETF
MOO
$972M
| $5.72M | 0.01% |
65,228
+27,509
| +73% | +$2.33M |
|
1139
Roper Technologies
ROP
$38.8B
| $5.71M | 0.01% |
14,157
+3,109
| +28% | +$1.25M |
|
1140
Canadian Pacific Kansas City
CP
$78.1B
| $5.71M | 0.01% |
75,220
+10,745
| +17% | +$773K |
|
1141
Renaissance IPO ETF
IPO
$153M
| $5.7M | 0.01% |
91,727
-16,267
| -15% | -$1.1M |
|
1142
Global X E-commerce ETF
EBIZ
$28.4M
| $5.69M | 0.01% |
166,257
+97,067
| +140% | +$3.39M |
|
1143
iShares Russell 2500 ETF
SMMD
$3.55B
| $5.69M | 0.01% |
90,438
+26,997
| +43% | +$1.67M |
|
1144
J.M. Smucker
SJM
$12.7B
| $5.68M | 0.01% |
44,931
+1,937
| +5% | +$229K |
|
1145
LyondellBasell Industries
LYB
$20B
| $5.67M | 0.01% |
54,511
+5,902
| +12% | +$586K |
|
1146
Canadian National Railway
CNI
$76.9B
| $5.67M | 0.01% |
48,893
-2,236
| -4% | -$248K |
|
1147
Ross Stores
ROST
$80.5B
| $5.66M | 0.01% |
47,191
+5,572
| +13% | +$661K |
|
1148
CRISPR Therapeutics
CRSP
$4.73B
| $5.64M | 0.01% |
46,306
-10,226
| -18% | -$1.54M |
|
1149
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $5.64M | 0.01% |
109,995
+17,247
| +19% | +$856K |
|
|
LSI
1150
DELISTED
Life Storage, Inc.
LSI
| $5.63M | 0.01% |
65,513
+1,710
| +3% | +$142K |
|
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.