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 | |
|---|---|---|---|---|---|---|
1776
Allison Transmission
ALSN
$9.65B
| $791K | ﹤0.01% |
24,262
+1,879
| +8% | +$78.3K |
|
1777
Assured Guaranty
AGO
$3.72B
| $789K | ﹤0.01% |
30,593
-4,934
| -14% | -$204K |
|
|
GGT
1778
Gabelli Multimedia Trust
GGT
$171M
| $789K | ﹤0.01% |
148,122
+5,013
| +4% | +$35.8K |
|
1779
ONE Gas
OGS
$4.92B
| $789K | ﹤0.01% |
9,433
+347
| +4% | +$30.7K |
|
1780
Ingersoll Rand
IR
$34.1B
| $788K | ﹤0.01% |
+31,755
| New | +$1.01M |
|
|
KTF
1781
DWS Municipal Income Trust
KTF
$347M
| $787K | ﹤0.01% |
73,011
+7,344
| +11% | +$83.1K |
|
1782
New Jersey Resources
NJR
$5.86B
| $787K | ﹤0.01% |
23,166
-1,985
| -8% | -$77.5K |
|
|
XHR
1783
Xenia Hotels & Resorts
XHR
$1.89B
| $786K | ﹤0.01% |
76,276
-3,655
| -5% | -$60.8K |
|
1784
VanEck India Growth Leaders ETF
GLIN
$95.7M
| $785K | ﹤0.01% |
39,591
+31,255
| +375% | +$953K |
|
1785
Global X S&P 500 Catholic Values ETF
CATH
$1.34B
| $784K | ﹤0.01% |
24,612
+498
| +2% | +$18.6K |
|
|
DOC
1786
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $784K | ﹤0.01% |
56,266
+18,621
| +49% | +$342K |
|
|
BTO
1787
John Hancock Financial Opportunities Fund
BTO
$808M
| $781K | ﹤0.01% |
42,589
-3,173
| -7% | -$94.1K |
|
1788
Cirrus Logic
CRUS
$6.42B
| $780K | ﹤0.01% |
11,878
-650
| -5% | -$48K |
|
1789
Moelis & Co
MC
$5.08B
| $778K | ﹤0.01% |
27,699
-4,150
| -13% | -$136K |
|
1790
Vanguard Russell 2000 Value ETF
VTWV
$1.32B
| $778K | ﹤0.01% |
10,826
-1,796
| -14% | -$175K |
|
1791
Sprott Gold Miners ETF
SGDM
$570M
| $776K | ﹤0.01% |
39,095
+5,773
| +17% | +$135K |
|
|
ETG
1792
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.82B
| $774K | ﹤0.01% |
64,807
+10,953
| +20% | +$179K |
|
1793
Campbell Soup
CPB
$6.79B
| $773K | ﹤0.01% |
16,736
-1,067
| -6% | -$51.3K |
|
1794
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$719M
| $773K | ﹤0.01% |
9,929
-2,210
| -18% | -$168K |
|
1795
Medpace
MEDP
$16B
| $772K | ﹤0.01% |
+10,525
| New | +$914K |
|
1796
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.86B
| $772K | ﹤0.01% |
29,686
+11,818
| +66% | +$363K |
|
1797
KB Home
KBH
$3.56B
| $771K | ﹤0.01% |
42,589
+30,482
| +252% | +$976K |
|
|
CDK
1798
DELISTED
CDK Global, Inc.
CDK
| $770K | ﹤0.01% |
23,453
+334
| +1% | +$16K |
|
1799
Cadence Design Systems
CDNS
$93.8B
| $769K | ﹤0.01% |
11,640
-5,380
| -32% | -$373K |
|
|
MCA
1800
DELISTED
BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
| $769K | ﹤0.01% |
56,807
+6,685
| +13% | +$94.7K |
|
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.