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 | |
|---|---|---|---|---|---|---|
1701
RBC Bearings
RBC
$17.9B
| $882K | ﹤0.01% |
7,816
+1,385
| +22% | +$214K |
|
|
EFT
1702
Eaton Vance Floating-Rate Income Trust
EFT
$285M
| $881K | ﹤0.01% |
85,912
+1,610
| +2% | +$20.6K |
|
1703
iShares US Insurance ETF
IAK
$538M
| $881K | ﹤0.01% |
17,773
-3,561
| -17% | -$233K |
|
|
AVLR
1704
DELISTED
Avalara, Inc.
AVLR
| $880K | ﹤0.01% |
11,801
+607
| +5% | +$49.5K |
|
1705
WEX
WEX
$6.45B
| $879K | ﹤0.01% |
8,406
-966
| -10% | -$180K |
|
1706
Lear
LEA
$6.21B
| $878K | ﹤0.01% |
10,809
+1,964
| +22% | +$226K |
|
1707
American Homes 4 Rent
AMH
$12.4B
| $877K | ﹤0.01% |
37,782
-10,211
| -21% | -$270K |
|
1708
Equity Lifestyle Properties
ELS
$12.6B
| $875K | ﹤0.01% |
15,230
+6,588
| +76% | +$449K |
|
1709
PG&E
PCG
$38.4B
| $875K | ﹤0.01% |
97,310
-60,396
| -38% | -$802K |
|
|
AIVC
1710
Amplify Bloomberg AI Equal Weight ETF
AIVC
$122M
| $875K | ﹤0.01% |
32,308
+8,329
| +35% | +$290K |
|
|
MINC
1711
DELISTED
AdvisorShares Newfleet Multi-Sector Income ETF
MINC
| $875K | ﹤0.01% |
19,405
-4,499
| -19% | -$215K |
|
|
UHT
1712
Universal Health Realty Income Trust
UHT
$587M
| $872K | ﹤0.01% |
8,655
-2,233
| -21% | -$246K |
|
1713
EPR Properties
EPR
$4.69B
| $871K | ﹤0.01% |
35,958
+1,689
| +5% | +$96.8K |
|
1714
Agnico Eagle Mines
AEM
$76.3B
| $868K | ﹤0.01% |
21,806
-15,706
| -42% | -$827K |
|
1715
Cedar Fair
FUN
$1.85B
| $868K | ﹤0.01% |
47,317
+18,279
| +63% | +$803K |
|
|
FSCS
1716
First Trust SMID Capital Strength ETF
FSCS
$59.4M
| $868K | ﹤0.01% |
54,883
+2,454
| +5% | +$51.6K |
|
1717
Fidelity MSCI Consumer Staples Index ETF
FSTA
$1.42B
| $867K | ﹤0.01% |
26,812
+5,315
| +25% | +$192K |
|
1718
Globe Life
GL
$14.3B
| $867K | ﹤0.01% |
12,042
+1,578
| +15% | +$149K |
|
1719
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$2.05B
| $866K | ﹤0.01% |
51,552
-76,792
| -60% | -$1.54M |
|
1720
Invesco MSCI Sustainable Future ETF
ERTH
$137M
| $865K | ﹤0.01% |
22,988
+5,692
| +33% | +$266K |
|
1721
Suburban Propane Partners
SPH
$1.21B
| $865K | ﹤0.01% |
61,174
+4,117
| +7% | +$80K |
|
1722
Waters Corp
WAT
$38.9B
| $865K | ﹤0.01% |
4,750
+135
| +3% | +$28.5K |
|
1723
Principal Spectrum Preferred Securities Active ETF
PREF
$1.78B
| $863K | ﹤0.01% |
49,205
-3,980
| -7% | -$78.1K |
|
|
MTOR
1724
DELISTED
MERITOR, Inc.
MTOR
| $859K | ﹤0.01% |
64,863
-8,552
| -12% | -$184K |
|
1725
Virtus Biotech Clinical Trials ETF
BBC
$48.5M
| $857K | ﹤0.01% |
29,262
+7,126
| +32% | +$246K |
|
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.