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 | |
|---|---|---|---|---|---|---|
1526
iShares Global Infrastructure ETF
IGF
$10.9B
| $3.2M | ﹤0.01% |
71,053
+7,407
| +12% | +$327K |
|
1527
Global X Video Games & Esports ETF
HERO
$64.5M
| $3.2M | ﹤0.01% |
101,839
+32,814
| +48% | +$1.08M |
|
1528
iShares Core MSCI International Developed Markets ETF
IDEV
$31.7B
| $3.19M | ﹤0.01% |
49,441
+13,133
| +36% | +$839K |
|
1529
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$652M
| $3.19M | ﹤0.01% |
57,629
+1,554
| +3% | +$84K |
|
|
PBCT
1530
DELISTED
People's United Financial Inc
PBCT
| $3.19M | ﹤0.01% |
178,164
-66,274
| -27% | -$1.07M |
|
1531
Lemonade
LMND
$3.74B
| $3.19M | ﹤0.01% |
34,223
+26,287
| +331% | +$3.4M |
|
1532
Essential Utilities
WTRG
$11.3B
| $3.18M | ﹤0.01% |
71,062
+4,173
| +6% | +$188K |
|
1533
Teledyne Technologies
TDY
$30.4B
| $3.17M | ﹤0.01% |
7,673
-32
| -0.4% | -$12.4K |
|
1534
Live Nation Entertainment
LYV
$40.6B
| $3.17M | ﹤0.01% |
37,477
+14,647
| +64% | +$1.18M |
|
1535
Pacer American Energy Infrastructure ETF
USAI
$128M
| $3.17M | ﹤0.01% |
147,386
+22,215
| +18% | +$456K |
|
|
MNDT
1536
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $3.17M | ﹤0.01% |
162,013
-21,468
| -12% | -$448K |
|
1537
Lamar Advertising Co
LAMR
$16.2B
| $3.17M | ﹤0.01% |
33,752
+4,369
| +15% | +$385K |
|
1538
Conagra Brands
CAG
$6.94B
| $3.17M | ﹤0.01% |
84,167
+14,904
| +22% | +$527K |
|
|
HEAL
1539
Global X Funds Global X HealthTech ETF
HEAL
$28.5M
| $3.15M | ﹤0.01% |
54,860
+33,238
| +154% | +$2.03M |
|
|
ASG
1540
Liberty All-Star Growth Fund
ASG
$328M
| $3.14M | ﹤0.01% |
365,029
+25,503
| +8% | +$226K |
|
1541
XPeng
XPEV
$12.4B
| $3.14M | ﹤0.01% |
85,962
+7,222
| +9% | +$300K |
|
|
NUVA
1542
DELISTED
NuVasive, Inc.
NUVA
| $3.13M | ﹤0.01% |
47,771
+23,864
| +100% | +$1.43M |
|
|
EMD
1543
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $3.13M | ﹤0.01% |
236,721
+29,898
| +14% | +$404K |
|
1544
Winmark
WINA
$1.2B
| $3.13M | ﹤0.01% |
16,784
-1,527
| -8% | -$278K |
|
1545
iShares Russell Top 200 ETF
IWL
$2.19B
| $3.13M | ﹤0.01% |
32,995
+4,686
| +17% | +$434K |
|
1546
Fidelity MSCI Financials Index ETF
FNCL
$2.38B
| $3.12M | ﹤0.01% |
63,810
+7,147
| +13% | +$330K |
|
1547
First Solar
FSLR
$22.7B
| $3.12M | ﹤0.01% |
35,789
-15,575
| -30% | -$1.43M |
|
1548
Wheaton Precious Metals
WPM
$49.5B
| $3.12M | ﹤0.01% |
81,697
+5,444
| +7% | +$216K |
|
1549
Zscaler
ZS
$24.5B
| $3.12M | ﹤0.01% |
18,183
-8,171
| -31% | -$1.62M |
|
1550
CenterPoint Energy
CNP
$27.7B
| $3.12M | ﹤0.01% |
137,546
+9,027
| +7% | +$192K |
|
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.