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 | |
|---|---|---|---|---|---|---|
1426
Fidelity Low Duration Bond Factor ETF
FLDR
$1.97B
| $3.67M | ﹤0.01% |
72,391
-121,113
| -63% | -$6.16M |
|
1427
Amphenol
APH
$198B
| $3.67M | ﹤0.01% |
111,276
-24,260
| -18% | -$788K |
|
|
SIX
1428
DELISTED
Six Flags Entertainment Corp.
SIX
| $3.67M | ﹤0.01% |
78,970
+47,306
| +149% | +$1.97M |
|
1429
First Trust DorseyWright DALI 1 ETF
DALI
$98.4M
| $3.67M | ﹤0.01% |
154,379
-6
| -0% | -$140 |
|
1430
Reaves Utility Income Fund
UTG
$3.54B
| $3.67M | ﹤0.01% |
109,413
+10,725
| +11% | +$348K |
|
1431
iShares Self-Driving EV and Tech ETF
IDRV
$125M
| $3.66M | ﹤0.01% |
79,412
+43,286
| +120% | +$1.99M |
|
1432
CMS Energy
CMS
$22.6B
| $3.66M | ﹤0.01% |
59,741
+6,402
| +12% | +$368K |
|
1433
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $3.66M | ﹤0.01% |
226,258
+27,309
| +14% | +$440K |
|
|
ZNGA
1434
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $3.65M | ﹤0.01% |
357,566
-43,666
| -11% | -$456K |
|
1435
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $3.65M | ﹤0.01% |
49,323
+1,343
| +3% | +$94.9K |
|
1436
First Trust Indxx Innovative Transaction & Process ETF
LEGR
$131M
| $3.65M | ﹤0.01% |
90,651
+36,970
| +69% | +$1.47M |
|
1437
SEI Investments
SEIC
$12.4B
| $3.64M | ﹤0.01% |
59,672
-4,653
| -7% | -$273K |
|
1438
Lamb Weston
LW
$7.22B
| $3.63M | ﹤0.01% |
46,879
+2,278
| +5% | +$180K |
|
1439
Teva Pharmaceuticals
TEVA
$40.8B
| $3.62M | ﹤0.01% |
313,297
+3,285
| +1% | +$37.7K |
|
1440
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.14B
| $3.61M | ﹤0.01% |
130,423
+4,432
| +4% | +$123K |
|
|
BKI
1441
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.61M | ﹤0.01% |
48,771
-1,612
| -3% | -$130K |
|
1442
Amplify Travel Tech ETF
AWAY
$26.1M
| $3.58M | ﹤0.01% |
+114,437
| New | +$3.39M |
|
|
PXD
1443
DELISTED
Pioneer Natural Resource Co.
PXD
| $3.57M | ﹤0.01% |
22,505
+2,400
| +12% | +$341K |
|
|
RFI
1444
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $3.56M | ﹤0.01% |
243,088
-538
| -0.2% | -$7.47K |
|
1445
Masco
MAS
$14.1B
| $3.55M | ﹤0.01% |
59,245
+7,640
| +15% | +$427K |
|
1446
iShares Core US REIT ETF
USRT
$4.62B
| $3.54M | ﹤0.01% |
67,508
+9,209
| +16% | +$463K |
|
1447
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $3.53M | ﹤0.01% |
37,470
+924
| +3% | +$81.9K |
|
1448
PG&E
PCG
$38.3B
| $3.53M | ﹤0.01% |
301,290
+36,308
| +14% | +$422K |
|
1449
STMicroelectronics
STM
$46.7B
| $3.53M | ﹤0.01% |
92,027
-4,103
| -4% | -$160K |
|
|
CONE
1450
DELISTED
CyrusOne Inc Common Stock
CONE
| $3.52M | ﹤0.01% |
51,975
+1,432
| +3% | +$99.3K |
|
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.