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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$211M |
| 2 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$132M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$96.7M |
| 4 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$96.1M |
| 5 |
Vanguard S&P 500 ETF
VOO
|
+$92.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
|
+$72.7M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$65.8M |
| 3 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$59.2M |
| 4 |
iShares US Real Estate ETF
IYR
|
+$56.8M |
| 5 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
+$55.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.59% |
| 2 | Healthcare | 2.61% |
| 3 | Financials | 2.51% |
| 4 | Consumer Discretionary | 2.22% |
| 5 | Communication Services | 2.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Bright Horizons
BFAM
$4.01B
| $2.14M | ﹤0.01% |
20,968
+2,100
| +11% | +$309K |
|
1152
IQ ARB Merger Arbitrage ETF
MNA
$252M
| $2.14M | ﹤0.01% |
70,984
-51,800
| -42% | -$1.67M |
|
1153
Flex
FLEX
$43B
| $2.14M | ﹤0.01% |
338,636
+110,704
| +49% | +$958K |
|
1154
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $2.14M | ﹤0.01% |
242,841
+26,658
| +12% | +$279K |
|
1155
Cognizant
CTSH
$24.9B
| $2.13M | ﹤0.01% |
45,862
-840
| -2% | -$50.1K |
|
1156
Carnival Corporation Ltd
CCL
$39.4B
| $2.12M | ﹤0.01% |
160,656
+79,631
| +98% | +$2.83M |
|
|
RFI
1157
Cohen & Steers Total Return Realty Fund
RFI
$309M
| $2.11M | ﹤0.01% |
208,895
+26,296
| +14% | +$358K |
|
1158
American Airlines Group
AAL
$10.6B
| $2.11M | ﹤0.01% |
172,851
+43,156
| +33% | +$984K |
|
1159
ResMed
RMD
$31.2B
| $2.1M | ﹤0.01% |
14,292
+741
| +5% | +$118K |
|
|
CIM
1160
Chimera Investment
CIM
$1.06B
| $2.1M | ﹤0.01% |
77,051
-6,793
| -8% | -$386K |
|
1161
WisdomTree Japan Hedged Equity Fund
DXJ
$7.06B
| $2.1M | ﹤0.01% |
49,870
-11,676
| -19% | -$574K |
|
1162
Nuveen ESG Small-Cap ETF
NUSC
$1.31B
| $2.1M | ﹤0.01% |
97,315
+14,748
| +18% | +$415K |
|
1163
iShares Micro-Cap ETF
IWC
$1.48B
| $2.1M | ﹤0.01% |
31,295
-4,305
| -12% | -$380K |
|
1164
CMS Energy
CMS
$22.5B
| $2.1M | ﹤0.01% |
35,691
-3,080
| -8% | -$197K |
|
|
HPI
1165
John Hancock Preferred Income Fund
HPI
$431M
| $2.1M | ﹤0.01% |
130,385
+2,253
| +2% | +$47.2K |
|
1166
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.52B
| $2.09M | ﹤0.01% |
85,142
-2,935
| -3% | -$72.5K |
|
1167
Canadian National Railway
CNI
$76.1B
| $2.09M | ﹤0.01% |
26,947
+3,102
| +13% | +$270K |
|
1168
Alaska Air
ALK
$5.6B
| $2.09M | ﹤0.01% |
73,292
+27,515
| +60% | +$1.5M |
|
1169
Innovator US Equity Power Buffer ETF April
PAPR
$956M
| $2.08M | ﹤0.01% |
86,312
+3,991
| +5% | +$102K |
|
1170
Shenandoah Telecom
SHEN
$689M
| $2.08M | ﹤0.01% |
42,320
+10,451
| +33% | +$464K |
|
1171
Ametek
AME
$55.9B
| $2.08M | ﹤0.01% |
28,921
+3,947
| +16% | +$356K |
|
1172
MongoDB
MDB
$28.8B
| $2.08M | ﹤0.01% |
15,242
-328
| -2% | -$48.4K |
|
1173
iShare MSCI Eurozone ETF
EZU
$9.73B
| $2.08M | ﹤0.01% |
68,063
-7,862
| -10% | -$297K |
|
|
JHMH
1174
DELISTED
John Hancock Multifactor Healthcare ETF
JHMH
| $2.07M | ﹤0.01% |
63,642
+750
| +1% | +$26.8K |
|
1175
iShares MSCI Mexico ETF
EWW
$1.97B
| $2.07M | ﹤0.01% |
73,004
-12,066
| -14% | -$503K |
|
Similar funds
LPL Financial's Q1 2020 Portfolio in Review
As of Q1 2020, LPL Financial held 3,530 positions worth $46.4B, down 16% from $55B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial's Q1 2020 filing shows 190 new, 1,571 increased, 1,390 reduced and 328 closed positions. Its largest new stake was WisdomTree US Value Fund: 685,092 shares worth $22.2M. The largest sale was VictoryShares US Large Cap High Div Volatility Wtd ETF, an estimated $72.7M.
By sector, the portfolio is most concentrated in Technology at 4.6% of assets, up from 4.1% a quarter earlier, followed by Healthcare and Financials.
- LPL Financial's largest Q1 2020 buy was WisdomTree US Value Fund: 685,092 shares worth $22.2M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $211M increase.
- LPL Financial's biggest Q1 2020 reduction was VictoryShares US Large Cap High Div Volatility Wtd ETF, cutting an estimated $72.7M.
- LPL Financial fully exited iShares MSCI Italy ETF in Q1 2020, selling an estimated $13.2M.
- LPL Financial's ten largest holdings make up 22% of its $46.4B portfolio in Q1 2020.
- LPL Financial opened 190 new positions and closed 328 in Q1 2020.
- LPL Financial's portfolio value fell 16% quarter-over-quarter to $46.4B.
Based on LPL Financial's 13F filing for Q1 2020, filed 14 May 2020.