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 | |
|---|---|---|---|---|---|---|
1626
Editas Medicine
EDIT
$396M
| $2.73M | ﹤0.01% |
64,915
+5,205
| +9% | +$297K |
|
1627
iShares New York Muni Bond ETF
NYF
$1.38B
| $2.73M | ﹤0.01% |
47,244
+8,093
| +21% | +$470K |
|
1628
Shenandoah Telecom
SHEN
$664M
| $2.71M | ﹤0.01% |
55,608
-2,297
| -4% | -$105K |
|
|
ETO
1629
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$507M
| $2.71M | ﹤0.01% |
103,231
+9,509
| +10% | +$244K |
|
1630
iShares Core 10+ Year USD Bond ETF
ILTB
$592M
| $2.71M | ﹤0.01% |
39,549
-35,588
| -47% | -$2.55M |
|
1631
Fidelity High Dividend ETF
FDVV
$10.1B
| $2.71M | ﹤0.01% |
76,253
+1,462
| +2% | +$49.7K |
|
1632
VanEck IG Floating Rate ETF
FLTR
$2.94B
| $2.71M | ﹤0.01% |
106,752
+42,075
| +65% | +$1.07M |
|
|
CNH
1633
CNH Industrial
CNH
$12.7B
| $2.7M | ﹤0.01% |
198,058
+164,213
| +485% | +$2.07M |
|
1634
Keurig Dr Pepper
KDP
$42.3B
| $2.69M | ﹤0.01% |
78,229
+30,217
| +63% | +$979K |
|
|
AVK
1635
Advent Convertible and Income Fund
AVK
$547M
| $2.68M | ﹤0.01% |
155,796
+18,756
| +14% | +$314K |
|
1636
Invesco Energy Exploration & Production ETF
PXE
$89.6M
| $2.67M | ﹤0.01% |
180,382
+168,181
| +1,378% | +$2.26M |
|
1637
JB Hunt Transport Services
JBHT
$25.5B
| $2.66M | ﹤0.01% |
15,851
+3,832
| +32% | +$577K |
|
1638
iShares MSCI Switzerland ETF
EWL
$2.19B
| $2.65M | ﹤0.01% |
60,038
+7,820
| +15% | +$349K |
|
1639
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $2.65M | ﹤0.01% |
175,115
+33,646
| +24% | +$508K |
|
|
ACH
1640
Accendra Health
ACH
$237M
| $2.65M | ﹤0.01% |
70,533
+62,929
| +828% | +$1.97M |
|
|
CCD
1641
Calamos Dynamic Convertible & Income Fund
CCD
$707M
| $2.65M | ﹤0.01% |
82,720
+14,468
| +21% | +$449K |
|
1642
Under Armour Class C
UA
$2.77B
| $2.65M | ﹤0.01% |
143,271
-1,460
| -1% | -$25.7K |
|
1643
Yeti Holdings
YETI
$3.71B
| $2.65M | ﹤0.01% |
36,626
-7,491
| -17% | -$534K |
|
|
ETG
1644
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.8B
| $2.64M | ﹤0.01% |
138,343
+3,405
| +3% | +$62.6K |
|
1645
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $2.63M | ﹤0.01% |
34,585
+8,515
| +33% | +$649K |
|
1646
Invesco Oil & Gas Services ETF
PXJ
$65.9M
| $2.63M | ﹤0.01% |
+156,509
| New | +$2.7M |
|
1647
CDW
CDW
$18.9B
| $2.63M | ﹤0.01% |
15,847
+287
| +2% | +$42.9K |
|
|
TRTN
1648
DELISTED
Triton International Limited
TRTN
| $2.63M | ﹤0.01% |
47,754
+2,876
| +6% | +$154K |
|
1649
Nutrien
NTR
$33.2B
| $2.62M | ﹤0.01% |
48,537
+15,568
| +47% | +$847K |
|
1650
Pentair
PNR
$10.4B
| $2.62M | ﹤0.01% |
41,955
+7,032
| +20% | +$403K |
|
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.