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 | |
|---|---|---|---|---|---|---|
1476
Unity
U
$13.8B
| $3.42M | ﹤0.01% |
34,079
+16,520
| +94% | +$2.03M |
|
1477
Toronto Dominion Bank
TD
$198B
| $3.41M | ﹤0.01% |
52,320
+1,218
| +2% | +$74.4K |
|
1478
American Century Diversified Municipal Bond ETF
TAXF
$683M
| $3.41M | ﹤0.01% |
62,457
+11,413
| +22% | +$626K |
|
1479
Newell Brands
NWL
$2.38B
| $3.41M | ﹤0.01% |
127,230
-17,251
| -12% | -$428K |
|
1480
abrdn Physical Palladium Shares ETF
PALL
$618M
| $3.4M | ﹤0.01% |
69,380
+445
| +0.6% | +$20K |
|
1481
Martin Marietta Materials
MLM
$31.5B
| $3.39M | ﹤0.01% |
10,091
+2,446
| +32% | +$781K |
|
1482
VanEck Social Sentiment ETF
BUZZ
$90.5M
| $3.39M | ﹤0.01% |
+140,256
| New | +$3.4M |
|
1483
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.82B
| $3.39M | ﹤0.01% |
87,884
+30,139
| +52% | +$1.14M |
|
1484
Best Buy
BBY
$18.2B
| $3.38M | ﹤0.01% |
29,404
-1,125
| -4% | -$126K |
|
|
ALFA
1485
DELISTED
AlphaClone Alternative Alpha ETF
ALFA
| $3.37M | ﹤0.01% |
44,716
+38,149
| +581% | +$3.05M |
|
1486
Invesco S&P International Developed Quality ETF
IDHQ
$928M
| $3.37M | ﹤0.01% |
115,350
+6,308
| +6% | +$186K |
|
1487
ResMed
RMD
$30.6B
| $3.37M | ﹤0.01% |
17,354
+3,837
| +28% | +$769K |
|
1488
Macy's
M
$6.53B
| $3.36M | ﹤0.01% |
207,452
+155,642
| +300% | +$2.38M |
|
|
NCV
1489
Virtus Convertible & Income Fund
NCV
$378M
| $3.36M | ﹤0.01% |
148,373
-1,153
| -0.8% | -$26.6K |
|
|
BLCN
1490
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $3.36M | ﹤0.01% |
69,797
+11,903
| +21% | +$548K |
|
1491
QuantumScape Corp
QS
$3.21B
| $3.36M | ﹤0.01% |
75,026
+23,763
| +46% | +$1.25M |
|
1492
Molina Healthcare
MOH
$10.2B
| $3.35M | ﹤0.01% |
14,340
+767
| +6% | +$171K |
|
1493
Aptus Defined Risk ETF
DRSK
$1.51B
| $3.34M | ﹤0.01% |
114,015
-28,640
| -20% | -$845K |
|
1494
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$18.9M
| $3.34M | ﹤0.01% |
54,751
+31,458
| +135% | +$1.99M |
|
1495
iShares MSCI Global Gold Miners ETF
RING
$2.27B
| $3.34M | ﹤0.01% |
122,132
-4,363
| -3% | -$125K |
|
1496
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$564M
| $3.34M | ﹤0.01% |
108,155
+32,529
| +43% | +$979K |
|
1497
Manulife Financial
MFC
$73.9B
| $3.34M | ﹤0.01% |
155,320
+15,462
| +11% | +$308K |
|
1498
iShares MSCI China ETF
MCHI
$6.32B
| $3.34M | ﹤0.01% |
40,859
-117,265
| -74% | -$10.3M |
|
|
DOG
1499
ProShares Short Dow30
DOG
$110M
| $3.33M | ﹤0.01% |
92,855
-943
| -1% | -$35.7K |
|
1500
IQ Candriam US Large Cap Equity ETF
IQSU
$325M
| $3.33M | ﹤0.01% |
98,638
+13,165
| +15% | +$437K |
|
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.