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 | |
|---|---|---|---|---|---|---|
1151
Norwegian Cruise Line
NCLH
$8.51B
| $5.61M | 0.01% |
203,271
+30,261
| +17% | +$805K |
|
1152
Align Technology
ALGN
$12.1B
| $5.6M | 0.01% |
10,348
-5,390
| -34% | -$2.98M |
|
1153
Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
$142M
| $5.6M | 0.01% |
193,993
+34,593
| +22% | +$1.01M |
|
|
CHI
1154
Calamos Convertible Opportunities and Income Fund
CHI
$1.01B
| $5.59M | 0.01% |
393,319
+41,208
| +12% | +$584K |
|
1155
BlackRock Income Trust
BKT
$330M
| $5.56M | 0.01% |
303,288
+30,089
| +11% | +$550K |
|
1156
Factset
FDS
$9.36B
| $5.55M | 0.01% |
17,983
+2,270
| +14% | +$718K |
|
1157
iShares MSCI Brazil ETF
EWZ
$9.28B
| $5.55M | 0.01% |
165,874
+36,283
| +28% | +$1.26M |
|
1158
Sony
SONY
$137B
| $5.54M | 0.01% |
261,115
+37,265
| +17% | +$787K |
|
1159
Polaris
PII
$3.82B
| $5.53M | 0.01% |
41,418
+1,337
| +3% | +$163K |
|
1160
CapForce IBD 50 ETF
FFTY
$79.5M
| $5.53M | 0.01% |
125,932
-10,658
| -8% | -$484K |
|
1161
Domino's
DPZ
$11.5B
| $5.52M | 0.01% |
15,003
-5,243
| -26% | -$1.93M |
|
1162
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.2B
| $5.51M | 0.01% |
43,954
-13,628
| -24% | -$1.65M |
|
|
EVV
1163
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $5.5M | 0.01% |
435,894
+43,892
| +11% | +$552K |
|
1164
WBI BullBear Value 3000 ETF
WBIF
$23.5M
| $5.5M | 0.01% |
182,741
-11,598
| -6% | -$335K |
|
1165
XPO
XPO
$23.5B
| $5.5M | 0.01% |
128,965
-8,012
| -6% | -$332K |
|
1166
BioMarin Pharmaceuticals
BMRN
$11.6B
| $5.49M | 0.01% |
72,749
+6,731
| +10% | +$550K |
|
1167
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$93.2M
| $5.49M | 0.01% |
96,677
+17,262
| +22% | +$910K |
|
1168
KeyCorp
KEY
$24.2B
| $5.48M | 0.01% |
274,113
-17,442
| -6% | -$337K |
|
|
GUT
1169
Gabelli Utility Trust
GUT
$569M
| $5.46M | 0.01% |
809,508
+4,134
| +0.5% | +$31.3K |
|
|
ARVL
1170
DELISTED
Arrival Ordinary Shares
ARVL
| $5.45M | 0.01% |
+6,789
| New | +$6.68M |
|
1171
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$358M
| $5.45M | 0.01% |
158,514
+50,861
| +47% | +$1.86M |
|
1172
Fulgent Genetics
FLGT
$470M
| $5.45M | 0.01% |
56,371
+10,290
| +22% | +$1.06M |
|
|
IBMK
1173
DELISTED
iShares iBonds Dec 2022 Term Muni Bond ETF
IBMK
| $5.45M | 0.01% |
206,846
-155
| -0.1% | -$4.09K |
|
1174
WBI BullBear Quality 3000 ETF
WBIL
$30.1M
| $5.44M | 0.01% |
188,204
-49,088
| -21% | -$1.38M |
|
1175
Tetra Tech
TTEK
$8.49B
| $5.43M | 0.01% |
200,150
+38,425
| +24% | +$1.02M |
|
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.