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 | |
|---|---|---|---|---|---|---|
1526
Reliance Steel & Aluminium
RS
$21.2B
| $1.16M | ﹤0.01% |
13,186
-1,295
| -9% | -$138K |
|
|
CEY
1527
DELISTED
VictoryShares Emerging Market High Div Volatility Wtd ETF
CEY
| $1.16M | ﹤0.01% |
67,003
-557,538
| -89% | -$12M |
|
1528
Snap-on
SNA
$21.6B
| $1.15M | ﹤0.01% |
10,586
+1,309
| +14% | +$193K |
|
1529
iShares Global Financials ETF
IXG
$686M
| $1.15M | ﹤0.01% |
24,394
+582
| +2% | +$35.7K |
|
|
CYBR
1530
DELISTED
CyberArk
CYBR
| $1.15M | ﹤0.01% |
13,406
+230
| +2% | +$26.5K |
|
1531
SiriusXM
SIRI
$10.4B
| $1.14M | ﹤0.01% |
23,137
-1,610
| -7% | -$105K |
|
1532
iShares MSCI Pacific ex Japan ETF
EPP
$2.26B
| $1.14M | ﹤0.01% |
33,683
-15,635
| -32% | -$663K |
|
1533
Polaris
PII
$4.2B
| $1.14M | ﹤0.01% |
23,727
+7,845
| +49% | +$644K |
|
1534
BlackRock MuniYield Quality Fund III
MYI
$716M
| $1.14M | ﹤0.01% |
88,885
+3,964
| +5% | +$53.6K |
|
1535
iShares Asia 50 ETF
AIA
$4.82B
| $1.14M | ﹤0.01% |
20,371
+8,638
| +74% | +$540K |
|
1536
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$597M
| $1.14M | ﹤0.01% |
14,854
-5,370
| -27% | -$457K |
|
1537
Sea Limited
SE
$68.3B
| $1.13M | ﹤0.01% |
+25,597
| New | +$1.15M |
|
|
STK
1538
Columbia Seligman Premium Technology Growth Fund
STK
$901M
| $1.13M | ﹤0.01% |
64,001
+2,258
| +4% | +$50K |
|
|
NCV
1539
Virtus Convertible & Income Fund
NCV
$384M
| $1.13M | ﹤0.01% |
75,500
-23,373
| -24% | -$492K |
|
1540
Snap
SNAP
$9.74B
| $1.13M | ﹤0.01% |
94,993
+24,946
| +36% | +$383K |
|
|
NS
1541
DELISTED
NuStar Energy L.P.
NS
| $1.13M | ﹤0.01% |
131,102
+37,555
| +40% | +$817K |
|
1542
Smith & Nephew
SNN
$12.8B
| $1.12M | ﹤0.01% |
31,332
+49
| +0.2% | +$2.17K |
|
1543
Teradata
TDC
$3.24B
| $1.12M | ﹤0.01% |
54,845
+7,185
| +15% | +$166K |
|
1544
PUT
Invesco QQQ Trust
QQQ
$485B
| $1.12M | ﹤0.01% |
5,900
-70,900
| -92% | -$15M |
|
|
GWPH
1545
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $1.12M | ﹤0.01% |
12,829
-2,648
| -17% | -$280K |
|
|
ABFL
1546
Abacus FCF Leaders ETF
ABFL
$538M
| $1.12M | ﹤0.01% |
36,700
-8,265
| -18% | -$307K |
|
1547
State Street SPDR S&P 1500 Value Tilt ETF
VLU
$773M
| $1.12M | ﹤0.01% |
13,594
+138
| +1% | +$14.3K |
|
1548
JetBlue
JBLU
$2.42B
| $1.12M | ﹤0.01% |
124,734
+45,992
| +58% | +$762K |
|
1549
Leggett & Platt
LEG
$1.43B
| $1.12M | ﹤0.01% |
41,839
+11,117
| +36% | +$463K |
|
1550
Invesco S&P 500 BuyWrite ETF
PBP
$361M
| $1.11M | ﹤0.01% |
66,650
-53,541
| -45% | -$1.08M |
|
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.