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 | |
|---|---|---|---|---|---|---|
1351
Hilton Worldwide
HLT
$72.1B
| $4.14M | ﹤0.01% |
34,260
+19,772
| +136% | +$2.28M |
|
1352
NRG Energy
NRG
$28.3B
| $4.14M | ﹤0.01% |
109,801
+92,347
| +529% | +$3.67M |
|
1353
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.13B
| $4.14M | ﹤0.01% |
110,039
+92,350
| +522% | +$3.52M |
|
1354
iShares BB Rated Corporate Bond ETF
HYBB
$411M
| $4.13M | ﹤0.01% |
80,191
+3,257
| +4% | +$169K |
|
1355
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$886M
| $4.13M | ﹤0.01% |
121,068
+4,326
| +4% | +$142K |
|
1356
Nasdaq
NDAQ
$52.7B
| $4.13M | ﹤0.01% |
83,937
+1,665
| +2% | +$79.1K |
|
1357
iShares MSCI Mexico ETF
EWW
$1.92B
| $4.12M | ﹤0.01% |
94,031
+11,143
| +13% | +$479K |
|
1358
Royal Bank of Canada
RY
$291B
| $4.12M | ﹤0.01% |
44,645
+2,177
| +5% | +$189K |
|
1359
Roblox
RBLX
$25.4B
| $4.11M | ﹤0.01% |
+63,379
| New | +$4.42M |
|
1360
VanEck Short High Yield Muni ETF
SHYD
$451M
| $4.1M | ﹤0.01% |
163,797
+49,129
| +43% | +$1.23M |
|
|
FINS
1361
Angel Oak Financial Strategies Income Term Trust
FINS
$418M
| $4.06M | ﹤0.01% |
233,288
+5,683
| +2% | +$98.6K |
|
|
TRPA
1362
Hartford AAA CLO ETF
TRPA
$103M
| $4.06M | ﹤0.01% |
99,009
+60,812
| +159% | +$2.51M |
|
1363
Arbor Realty Trust
ABR
$964M
| $4.06M | ﹤0.01% |
255,155
-68,224
| -21% | -$1.05M |
|
1364
VanEck Long/Flat Trend ETF
LFEQ
$28.3M
| $4.05M | ﹤0.01% |
110,288
+7,413
| +7% | +$265K |
|
1365
iShares MSCI USA Size Factor ETF
SIZE
$428M
| $4.05M | ﹤0.01% |
33,771
+7,371
| +28% | +$859K |
|
1366
iShares MSCI Emerging Markets Asia ETF
EEMA
$833M
| $4.05M | ﹤0.01% |
44,680
+14,172
| +46% | +$1.33M |
|
1367
Boston Beer
SAM
$1.91B
| $4.05M | ﹤0.01% |
3,360
-284
| -8% | -$298K |
|
1368
Lyft
LYFT
$6.02B
| $4.05M | ﹤0.01% |
64,107
+3,778
| +6% | +$211K |
|
1369
VanEck Mortgage REIT Income ETF
MORT
$360M
| $4.03M | ﹤0.01% |
212,591
+8,728
| +4% | +$155K |
|
1370
HCM Defender 100 Index ETF
QQH
$716M
| $4.03M | ﹤0.01% |
96,892
+17,806
| +23% | +$745K |
|
1371
Amplify BlackSwan Growth & Treasure Core ETF
SWAN
$157M
| $4.02M | ﹤0.01% |
125,687
-54,358
| -30% | -$1.76M |
|
1372
HCM Defender 500 Index ETF
LGH
$575M
| $4.01M | ﹤0.01% |
112,535
+15,494
| +16% | +$531K |
|
1373
Invesco S&P 500 GARP ETF
SPGP
$2.25B
| $4.01M | ﹤0.01% |
49,182
+2,964
| +6% | +$230K |
|
|
IBML
1374
DELISTED
iShares iBonds Dec 2023 Term Muni Bond ETF
IBML
| $4.01M | ﹤0.01% |
153,113
+1,578
| +1% | +$41.3K |
|
|
AOD
1375
abrdn Total Dynamic Dividend Fund
AOD
$1.11B
| $3.99M | ﹤0.01% |
418,879
+62,347
| +17% | +$576K |
|
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.