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 | |
|---|---|---|---|---|---|---|
1176
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.35B
| $2.07M | ﹤0.01% |
44,535
-20,361
| -31% | -$1.08M |
|
1177
Roper Technologies
ROP
$38.8B
| $2.07M | ﹤0.01% |
6,635
+2,959
| +80% | +$1.05M |
|
1178
Cincinnati Financial
CINF
$27.3B
| $2.07M | ﹤0.01% |
27,376
+605
| +2% | +$60.3K |
|
1179
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$663M
| $2.06M | ﹤0.01% |
62,345
-901
| -1% | -$37.7K |
|
1180
CrowdStrike
CRWD
$206B
| $2.06M | ﹤0.01% |
148,044
+52,492
| +55% | +$741K |
|
|
SAVE
1181
DELISTED
Spirit Airlines, Inc.
SAVE
| $2.06M | ﹤0.01% |
+159,781
| New | +$5.13M |
|
|
CHL
1182
DELISTED
China Mobile Limited
CHL
| $2.05M | ﹤0.01% |
54,371
+2,476
| +5% | +$99.5K |
|
1183
iShares MSCI Intl Quality Factor ETF
IQLT
$13.9B
| $2.04M | ﹤0.01% |
79,094
+33,966
| +75% | +$1.02M |
|
1184
Verisk Analytics
VRSK
$25.1B
| $2.04M | ﹤0.01% |
14,665
+1,864
| +15% | +$292K |
|
1185
LyondellBasell Industries
LYB
$19.6B
| $2.04M | ﹤0.01% |
41,102
-87,767
| -68% | -$6.45M |
|
1186
First Trust Nasdaq Semiconductor ETF
FTXL
$1.34B
| $2.04M | ﹤0.01% |
61,744
-39,173
| -39% | -$1.51M |
|
|
QSIG
1187
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$53M
| $2.03M | ﹤0.01% |
40,778
+36,273
| +805% | +$1.83M |
|
1188
Lumen
LUMN
$6.65B
| $2.03M | ﹤0.01% |
214,232
-66,393
| -24% | -$830K |
|
|
WBND
1189
DELISTED
Western Asset Total Return ETF
WBND
| $2.03M | ﹤0.01% |
22,960
+19,673
| +599% | +$1.84M |
|
1190
iShares US Basic Materials ETF
IYM
$1.18B
| $2.02M | ﹤0.01% |
29,171
-3,109
| -10% | -$268K |
|
1191
Sony
SONY
$133B
| $2.01M | ﹤0.01% |
170,200
-18,050
| -10% | -$237K |
|
1192
iShares Global 100 ETF
IOO
$9.05B
| $2.01M | ﹤0.01% |
45,079
-23,446
| -34% | -$1.2M |
|
1193
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.64B
| $2M | ﹤0.01% |
36,242
+5,502
| +18% | +$374K |
|
1194
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$272M
| $1.99M | ﹤0.01% |
63,683
-25,826
| -29% | -$1.06M |
|
1195
Motorola Solutions
MSI
$72.6B
| $1.99M | ﹤0.01% |
14,995
-1,096
| -7% | -$184K |
|
1196
Equity Residential
EQR
$25.3B
| $1.99M | ﹤0.01% |
32,281
-3,810
| -11% | -$294K |
|
1197
OGE Energy
OGE
$9.79B
| $1.99M | ﹤0.01% |
64,820
+10,391
| +19% | +$420K |
|
1198
T-Mobile US
TMUS
$190B
| $1.98M | ﹤0.01% |
23,598
-2,530
| -10% | -$214K |
|
1199
Amphenol
APH
$201B
| $1.97M | ﹤0.01% |
108,244
-12,252
| -10% | -$292K |
|
|
TVRD
1200
Tvardi Therapeutics
TVRD
$19M
| $1.97M | ﹤0.01% |
4,141
+19
| +0.5% | +$10.3K |
|
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.