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 | |
|---|---|---|---|---|---|---|
1276
Entegris
ENTG
$19.1B
| $1.75M | ﹤0.01% |
39,082
-6,106
| -14% | -$317K |
|
1277
Canadian Pacific Kansas City
CP
$79.7B
| $1.75M | ﹤0.01% |
39,805
-205
| -0.5% | -$10.1K |
|
1278
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $1.75M | ﹤0.01% |
26,820
+5,054
| +23% | +$368K |
|
1279
New Mountain Finance
NMFC
$683M
| $1.75M | ﹤0.01% |
256,891
+40,303
| +19% | +$498K |
|
|
BSJP
1280
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $1.74M | ﹤0.01% |
81,809
+24,056
| +42% | +$569K |
|
|
FAM
1281
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $1.74M | ﹤0.01% |
198,080
+11,775
| +6% | +$127K |
|
|
DIAX
1282
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.74M | ﹤0.01% |
139,133
+6,789
| +5% | +$109K |
|
1283
Atmos Energy
ATO
$28.9B
| $1.74M | ﹤0.01% |
17,490
-7,038
| -29% | -$774K |
|
1284
VanEck Mortgage REIT Income ETF
MORT
$379M
| $1.74M | ﹤0.01% |
173,631
-8,079
| -4% | -$174K |
|
1285
Moderna
MRNA
$21.9B
| $1.73M | ﹤0.01% |
+57,754
| New | +$1.33M |
|
1286
Starwood Property Trust
STWD
$5.92B
| $1.73M | ﹤0.01% |
168,630
-33,390
| -17% | -$731K |
|
1287
Global X Internet of Things ETF
SNSR
$212M
| $1.73M | ﹤0.01% |
94,677
+2,302
| +2% | +$50.4K |
|
1288
JPMorgan BetaBuilders US Aggregate Bond ETF
BBAG
$1,000M
| $1.71M | ﹤0.01% |
31,683
+20,036
| +172% | +$1.08M |
|
1289
Infosys
INFY
$49.6B
| $1.71M | ﹤0.01% |
208,251
+21,937
| +12% | +$221K |
|
1290
iShares Global Comm Services ETF
IXP
$574M
| $1.71M | ﹤0.01% |
32,967
+4,466
| +16% | +$265K |
|
1291
Bruker
BRKR
$9.79B
| $1.71M | ﹤0.01% |
47,590
+7,364
| +18% | +$341K |
|
1292
AGNC Investment
AGNC
$12.4B
| $1.7M | ﹤0.01% |
161,057
+3,759
| +2% | +$62.7K |
|
|
ESHY
1293
DELISTED
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
ESHY
| $1.7M | ﹤0.01% |
94,618
+24,175
| +34% | +$503K |
|
1294
Quest Diagnostics
DGX
$25.6B
| $1.7M | ﹤0.01% |
21,178
+3,994
| +23% | +$413K |
|
1295
Rollins
ROL
$18.4B
| $1.7M | ﹤0.01% |
70,452
-13,482
| -16% | -$333K |
|
1296
Markel Group
MKL
$23.3B
| $1.69M | ﹤0.01% |
1,826
+444
| +32% | +$508K |
|
1297
LXP Industrial Trust
LXP
$3.56B
| $1.69M | ﹤0.01% |
34,046
-3,871
| -10% | -$205K |
|
1298
Beyond Meat
BYND
$316M
| $1.69M | ﹤0.01% |
25,335
+5,968
| +31% | +$579K |
|
1299
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $1.68M | ﹤0.01% |
41,051
+23,253
| +131% | +$1.08M |
|
1300
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $1.68M | ﹤0.01% |
50,702
-3,134
| -6% | -$123K |
|
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.