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 | |
|---|---|---|---|---|---|---|
1426
ProShares Short MidCap400
MYY
$2.92M
| $1.35M | ﹤0.01% |
+26,365
| New | +$1.17M |
|
1427
Jones Lang LaSalle
JLL
$16.9B
| $1.35M | ﹤0.01% |
13,407
+2,227
| +20% | +$334K |
|
|
LK
1428
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $1.35M | ﹤0.01% |
49,778
+36,039
| +262% | +$1.33M |
|
1429
Expedia Group
EXPE
$37.5B
| $1.35M | ﹤0.01% |
23,981
+9,049
| +61% | +$869K |
|
1430
Invesco Senior Income Trust
VVR
$457M
| $1.34M | ﹤0.01% |
415,448
-5,038
| -1% | -$19.9K |
|
1431
Global X Silver Miners ETF NEW
SIL
$4.23B
| $1.34M | ﹤0.01% |
56,025
-40,724
| -42% | -$1.18M |
|
|
FLC
1432
Flaherty & Crumrine Total Return Fund
FLC
$176M
| $1.33M | ﹤0.01% |
80,893
-7,118
| -8% | -$150K |
|
1433
Community Bank
CBU
$3.51B
| $1.33M | ﹤0.01% |
22,691
+2,319
| +11% | +$150K |
|
1434
3D Systems Corp
DDD
$575M
| $1.33M | ﹤0.01% |
172,773
+34,915
| +25% | +$340K |
|
1435
Compass Diversified
CODI
$837M
| $1.33M | ﹤0.01% |
99,236
-36,325
| -27% | -$740K |
|
1436
Etsy
ETSY
$8.2B
| $1.33M | ﹤0.01% |
34,603
+7,237
| +26% | +$354K |
|
1437
Halliburton
HAL
$27B
| $1.33M | ﹤0.01% |
194,124
+32,704
| +20% | +$569K |
|
1438
LPL Financial
LPLA
$27.9B
| $1.33M | ﹤0.01% |
24,435
+5,873
| +32% | +$473K |
|
1439
Albemarle
ALB
$14.3B
| $1.32M | ﹤0.01% |
23,487
+1,099
| +5% | +$84.2K |
|
1440
State Street SPDR S&P Telecom ETF
XTL
$605M
| $1.32M | ﹤0.01% |
22,357
-1,896
| -8% | -$127K |
|
1441
Magna International
MGA
$18.8B
| $1.32M | ﹤0.01% |
41,371
-1,793
| -4% | -$82.7K |
|
1442
iShares MSCI Canada ETF
EWC
$6.19B
| $1.32M | ﹤0.01% |
60,384
-9,053
| -13% | -$248K |
|
1443
Jack Henry & Associates
JKHY
$11.1B
| $1.31M | ﹤0.01% |
8,470
-1,666
| -16% | -$259K |
|
|
MMT
1444
Aberdeen Multi-Market Income Fund
MMT
$239M
| $1.31M | ﹤0.01% |
260,214
+32,980
| +15% | +$192K |
|
|
CXP
1445
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $1.31M | ﹤0.01% |
104,558
+273
| +0.3% | +$5.12K |
|
1446
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.37B
| $1.3M | ﹤0.01% |
30,912
-4,380
| -12% | -$251K |
|
1447
Zscaler
ZS
$26.3B
| $1.3M | ﹤0.01% |
21,429
+13,343
| +165% | +$734K |
|
1448
Gen Digital
GEN
$16.9B
| $1.3M | ﹤0.01% |
69,567
+37,419
| +116% | +$809K |
|
1449
Novavax
NVAX
$1.26B
| $1.3M | ﹤0.01% |
+95,733
| New | +$810K |
|
1450
iShares Russell Top 200 Value ETF
IWX
$4.05B
| $1.3M | ﹤0.01% |
29,432
-104,146
| -78% | -$5.6M |
|
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.