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 | |
|---|---|---|---|---|---|---|
1226
GraniteShares Gold Shares
BAR
$1.36B
| $5.04M | 0.01% |
296,646
-27,955
| -9% | -$498K |
|
1227
Datadog
DDOG
$95.4B
| $5.03M | 0.01% |
60,330
+16,883
| +39% | +$1.63M |
|
1228
Church & Dwight Co
CHD
$23.4B
| $5.02M | 0.01% |
57,435
-843
| -1% | -$70.3K |
|
1229
Globus Medical
GMED
$10.7B
| $5M | 0.01% |
81,090
+4,056
| +5% | +$257K |
|
1230
Cloudflare
NET
$99B
| $5M | 0.01% |
71,132
+8,040
| +13% | +$620K |
|
1231
Invesco KBW Property & Casualty Insurance ETF
KBWP
$267M
| $4.99M | 0.01% |
66,511
-62,559
| -48% | -$4.44M |
|
1232
iShares Genomics Immunology and Healthcare ETF
IDNA
$191M
| $4.96M | 0.01% |
108,623
+27,622
| +34% | +$1.35M |
|
1233
Fiverr
FVRR
$321M
| $4.96M | 0.01% |
22,837
+8,273
| +57% | +$2.03M |
|
1234
iShares US Regional Banks ETF
IAT
$674M
| $4.94M | 0.01% |
87,184
+6,834
| +9% | +$362K |
|
|
EWSC
1235
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $4.94M | 0.01% |
61,380
+39,277
| +178% | +$2.98M |
|
1236
FlexShares Quality Dividend Defensive Index Fund
QDEF
$547M
| $4.93M | 0.01% |
96,499
-2,769
| -3% | -$137K |
|
1237
Bank of Montreal
BMO
$126B
| $4.93M | 0.01% |
55,308
+2,062
| +4% | +$168K |
|
1238
Check Point Software Technologies
CHKP
$13B
| $4.93M | 0.01% |
43,997
+1,141
| +3% | +$137K |
|
1239
First Trust Utilities AlphaDEX Fund
FXU
$814M
| $4.92M | 0.01% |
165,210
+10,871
| +7% | +$308K |
|
1240
Donaldson
DCI
$10.9B
| $4.92M | 0.01% |
84,668
-1,213
| -1% | -$72.5K |
|
1241
Hovnanian Enterprises
HOV
$726M
| $4.92M | 0.01% |
46,549
-3,747
| -7% | -$244K |
|
1242
Invesco S&P MidCap 400 GARP ETF
GRPM
$486M
| $4.92M | 0.01% |
55,177
+41,723
| +310% | +$3.52M |
|
1243
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.8M
| $4.91M | 0.01% |
52,958
+16,312
| +45% | +$1.48M |
|
1244
Alaska Air
ALK
$5.29B
| $4.91M | 0.01% |
70,907
-14,399
| -17% | -$865K |
|
|
IBMJ
1245
DELISTED
iShares iBonds Dec 2021 Term Muni Bond ETF
IBMJ
| $4.9M | 0.01% |
190,617
-5,812
| -3% | -$150K |
|
1246
iShares US Equity Factor ETF
LRGF
$3.58B
| $4.9M | 0.01% |
120,507
-19,381
| -14% | -$761K |
|
1247
Digital Turbine
APPS
$975M
| $4.89M | 0.01% |
60,916
+13,290
| +28% | +$971K |
|
1248
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $4.89M | 0.01% |
175,245
+19,102
| +12% | +$507K |
|
1249
Edison International
EIX
$28.2B
| $4.88M | 0.01% |
83,314
+10,578
| +15% | +$621K |
|
1250
Global X Internet of Things ETF
SNSR
$222M
| $4.87M | 0.01% |
146,240
+27,480
| +23% | +$924K |
|
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.