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 | |
|---|---|---|---|---|---|---|
1751
UDR
UDR
$12.4B
| $822K | ﹤0.01% |
22,493
+2,614
| +13% | +$118K |
|
1752
iShares Global Timber & Forestry ETF
WOOD
$273M
| $822K | ﹤0.01% |
17,090
-12,063
| -41% | -$710K |
|
|
HYLD
1753
DELISTED
High Yield ETF
HYLD
| $821K | ﹤0.01% |
32,971
-6,392
| -16% | -$203K |
|
|
PPLT
1754
abrdn Physical Platinum Shares ETF
PPLT
$2B
| $820K | ﹤0.01% |
120,790
+360
| +0.3% | +$3.04K |
|
1755
Ryanair
RYAAY
$31.1B
| $816K | ﹤0.01% |
38,430
+9,857
| +34% | +$311K |
|
1756
First Trust Global Wind Energy ETF
FAN
$280M
| $814K | ﹤0.01% |
67,176
+12,108
| +22% | +$171K |
|
|
CADE
1757
DELISTED
Cadence Bank
CADE
| $813K | ﹤0.01% |
42,991
-429
| -1% | -$11.3K |
|
|
FFA
1758
First Trust Enhanced Equity Income Fund
FFA
$457M
| $812K | ﹤0.01% |
64,582
+28,912
| +81% | +$451K |
|
1759
Nuveen California Municipal Value Fund
NCA
$297M
| $811K | ﹤0.01% |
81,119
+5,597
| +7% | +$58.5K |
|
1760
Alexandria Real Estate Equities
ARE
$9.24B
| $809K | ﹤0.01% |
5,906
+2,519
| +74% | +$394K |
|
1761
Hartford Financial Services
HIG
$38.9B
| $808K | ﹤0.01% |
22,921
-4,213
| -16% | -$219K |
|
1762
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$473M
| $806K | ﹤0.01% |
16,171
+12,238
| +311% | +$785K |
|
1763
Innovator US Equity Buffer ETF October
BOCT
$289M
| $804K | ﹤0.01% |
35,902
+12,585
| +54% | +$316K |
|
1764
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $804K | ﹤0.01% |
+14,509
| New | +$791K |
|
1765
Invesco S&P MidCap Value with Momentum ETF
XMVM
$512M
| $803K | ﹤0.01% |
35,394
+7,957
| +29% | +$247K |
|
|
CHW
1766
Calamos Global Dynamic Income Fund
CHW
$533M
| $802K | ﹤0.01% |
139,725
+7,745
| +6% | +$60.1K |
|
1767
Watsco Inc
WSO
$13.1B
| $801K | ﹤0.01% |
5,071
+370
| +8% | +$62.5K |
|
1768
Global X MLP ETF
MLPA
$2.28B
| $800K | ﹤0.01% |
42,339
-24,786
| -37% | -$925K |
|
|
EWSC
1769
DELISTED
Invesco S&P SmallCap 600 Equal Weight ETF
EWSC
| $800K | ﹤0.01% |
22,569
+519
| +2% | +$25.5K |
|
1770
Murphy USA
MUSA
$10.9B
| $796K | ﹤0.01% |
9,434
+723
| +8% | +$75K |
|
1771
Woodward
WWD
$21.5B
| $796K | ﹤0.01% |
13,392
+3,591
| +37% | +$372K |
|
1772
Amdocs
DOX
$5.88B
| $794K | ﹤0.01% |
14,449
+9,190
| +175% | +$616K |
|
1773
MGIC Investment
MTG
$6.27B
| $793K | ﹤0.01% |
124,890
+165
| +0.1% | +$1.99K |
|
|
RSX
1774
DELISTED
VanEck Russia ETF
RSX
| $793K | ﹤0.01% |
47,561
-92,372
| -66% | -$2.06M |
|
|
SIVB
1775
DELISTED
SVB Financial Group
SIVB
| $793K | ﹤0.01% |
5,250
+3,273
| +166% | +$720K |
|
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.