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 | |
|---|---|---|---|---|---|---|
1251
Sarepta Therapeutics
SRPT
$1.68B
| $1.81M | ﹤0.01% |
18,537
+7,272
| +65% | +$831K |
|
|
X
1252
DELISTED
US Steel
X
| $1.81M | ﹤0.01% |
287,096
+38,383
| +15% | +$322K |
|
1253
Nasdaq
NDAQ
$52.6B
| $1.81M | ﹤0.01% |
57,225
-684
| -1% | -$24.2K |
|
1254
Newell Brands
NWL
$2.7B
| $1.81M | ﹤0.01% |
136,322
-11,986
| -8% | -$206K |
|
1255
Lyft
LYFT
$6.22B
| $1.81M | ﹤0.01% |
67,362
+10,794
| +19% | +$429K |
|
|
PDT
1256
John Hancock Premium Dividend Fund
PDT
$634M
| $1.8M | ﹤0.01% |
148,016
-87,998
| -37% | -$1.42M |
|
1257
Pultegroup
PHM
$24.6B
| $1.8M | ﹤0.01% |
80,557
+25,377
| +46% | +$980K |
|
1258
Lamb Weston
LW
$7.29B
| $1.8M | ﹤0.01% |
31,469
-13,693
| -30% | -$1.13M |
|
1259
Brookfield
BN
$107B
| $1.8M | ﹤0.01% |
113,738
-13,722
| -11% | -$282K |
|
1260
BlackRock Core Bond Trust
BHK
$649M
| $1.78M | ﹤0.01% |
134,587
+10,548
| +9% | +$154K |
|
1261
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $1.78M | ﹤0.01% |
71,379
+10,511
| +17% | +$265K |
|
1262
Royal Bank of Canada
RY
$292B
| $1.78M | ﹤0.01% |
28,881
-2,022
| -7% | -$150K |
|
1263
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$54.8M
| $1.77M | ﹤0.01% |
37,904
+536
| +1% | +$29.7K |
|
|
PDM
1264
Piedmont Realty Trust
PDM
$1.24B
| $1.77M | ﹤0.01% |
100,115
+996
| +1% | +$21.5K |
|
1265
First Trust Small Cap Value AlphaDEX Fund
FYT
$194M
| $1.77M | ﹤0.01% |
80,140
-22,340
| -22% | -$713K |
|
|
PHK
1266
PIMCO High Income Fund
PHK
$873M
| $1.76M | ﹤0.01% |
360,155
+17,875
| +5% | +$122K |
|
1267
SolarEdge
SEDG
$2.74B
| $1.76M | ﹤0.01% |
21,553
+13,087
| +155% | +$1.38M |
|
|
EOD
1268
Allspring Global Dividend Opportunity Fund
EOD
$281M
| $1.76M | ﹤0.01% |
476,633
+435,247
| +1,052% | +$2.21M |
|
1269
iShares US Pharmaceuticals ETF
IHE
$1.61B
| $1.76M | ﹤0.01% |
39,297
+606
| +2% | +$30.6K |
|
1270
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$732M
| $1.76M | ﹤0.01% |
77,831
+40,954
| +111% | +$1.11M |
|
|
CONE
1271
DELISTED
CyrusOne Inc Common Stock
CONE
| $1.76M | ﹤0.01% |
28,551
-8,921
| -24% | -$545K |
|
1272
iQIYI
IQ
$1.26B
| $1.76M | ﹤0.01% |
99,003
-23,235
| -19% | -$522K |
|
1273
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$327M
| $1.76M | ﹤0.01% |
29,744
+3,930
| +15% | +$284K |
|
|
VAR
1274
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.75M | ﹤0.01% |
17,060
+122
| +0.7% | +$16.1K |
|
|
DIVY
1275
DELISTED
Reality Shares DIVS ETF
DIVY
| $1.75M | ﹤0.01% |
116,555
-10,148
| -8% | -$246K |
|
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.