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 | |
|---|---|---|---|---|---|---|
1576
Invesco KBW Bank ETF
KBWB
$6.92B
| $1.06M | ﹤0.01% |
31,674
-1,137
| -3% | -$55.7K |
|
1577
Fidelity MSCI Communication Services Index ETF
FCOM
$1.83B
| $1.06M | ﹤0.01% |
36,514
+12,449
| +52% | +$428K |
|
1578
QuidelOrtho
QDEL
$1.2B
| $1.06M | ﹤0.01% |
+10,833
| New | +$876K |
|
1579
Gladstone Capital
GLAD
$437M
| $1.06M | ﹤0.01% |
94,220
+10,070
| +12% | +$181K |
|
1580
Allegion
ALLE
$14.1B
| $1.06M | ﹤0.01% |
11,486
+4,385
| +62% | +$525K |
|
1581
Advanced Energy
AEIS
$13.7B
| $1.06M | ﹤0.01% |
21,784
-1,780
| -8% | -$113K |
|
1582
Invesco Biotechnology & Genome ETF
PBE
$288M
| $1.05M | ﹤0.01% |
22,629
+1,356
| +6% | +$70.7K |
|
1583
Hilton Worldwide
HLT
$70.2B
| $1.05M | ﹤0.01% |
15,355
+941
| +7% | +$91.6K |
|
1584
Janus Henderson Small Cap Growth Alpha ETF
JSML
$379M
| $1.05M | ﹤0.01% |
31,021
-11,571
| -27% | -$495K |
|
1585
Black Hills Corp
BKH
$5.5B
| $1.05M | ﹤0.01% |
16,358
+455
| +3% | +$34.4K |
|
1586
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.79B
| $1.05M | ﹤0.01% |
17,515
+897
| +5% | +$61.5K |
|
1587
ProShares Decline of the Retail Store ETF
EMTY
$2.86M
| $1.05M | ﹤0.01% |
+10,396
| New | +$824K |
|
1588
Lamar Advertising Co
LAMR
$16.1B
| $1.04M | ﹤0.01% |
20,387
+3,299
| +19% | +$266K |
|
1589
Cognex
CGNX
$11.9B
| $1.04M | ﹤0.01% |
24,723
-9,567
| -28% | -$479K |
|
1590
Ormat Technologies
ORA
$6.15B
| $1.04M | ﹤0.01% |
15,415
-347
| -2% | -$26.2K |
|
|
PPLI
1591
People Inc
PPLI
$3.45B
| $1.04M | ﹤0.01% |
32,465
-6,552
| -17% | -$259K |
|
|
BFYT
1592
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $1.04M | ﹤0.01% |
46,433
-50
| -0.1% | -$1.19K |
|
1593
Ingredion
INGR
$6.6B
| $1.04M | ﹤0.01% |
13,764
+273
| +2% | +$23.5K |
|
1594
Mid-America Apartment Communities
MAA
$15.5B
| $1.04M | ﹤0.01% |
10,051
+736
| +8% | +$95.7K |
|
1595
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$640M
| $1.04M | ﹤0.01% |
78,546
+454
| +0.6% | +$6.45K |
|
|
COR
1596
DELISTED
Coresite Realty Corporation
COR
| $1.03M | ﹤0.01% |
8,915
-6,743
| -43% | -$751K |
|
1597
AAM S&P 500 High Dividend Value ETF
SPDV
$104M
| $1.03M | ﹤0.01% |
56,497
+24,753
| +78% | +$600K |
|
1598
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.19B
| $1.03M | ﹤0.01% |
82,716
-4,621
| -5% | -$64K |
|
1599
Perrigo
PRGO
$1.49B
| $1.03M | ﹤0.01% |
21,347
+4,021
| +23% | +$216K |
|
|
RA
1600
Brookfield Real Assets Income Fund
RA
$712M
| $1.03M | ﹤0.01% |
69,868
+4,341
| +7% | +$86.6K |
|
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.