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 | |
|---|---|---|---|---|---|---|
1851
Invesco Golden Dragon China ETF
PGJ
$98.9M
| $1.96M | ﹤0.01% |
30,932
+1,901
| +7% | +$138K |
|
1852
Red Rock Resorts
RRR
$3.77B
| $1.96M | ﹤0.01% |
60,081
+2,685
| +5% | +$77.8K |
|
1853
Bio-Techne
TECH
$11.2B
| $1.95M | ﹤0.01% |
20,460
+3,724
| +22% | +$340K |
|
|
ETW
1854
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $1.95M | ﹤0.01% |
188,920
+12,057
| +7% | +$119K |
|
|
CYBR
1855
DELISTED
CyberArk
CYBR
| $1.95M | ﹤0.01% |
15,069
-4,020
| -21% | -$609K |
|
|
MXIM
1856
DELISTED
Maxim Integrated Products
MXIM
| $1.95M | ﹤0.01% |
21,334
-2,893
| -12% | -$265K |
|
1857
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $1.94M | ﹤0.01% |
50,322
+2,145
| +4% | +$82.2K |
|
|
CID
1858
DELISTED
VictoryShares International High Div Volatility Wtd ETF
CID
| $1.93M | ﹤0.01% |
60,474
-4,616
| -7% | -$144K |
|
1859
ALPS Disruptive Technologies ETF
DTEC
$72.2M
| $1.93M | ﹤0.01% |
43,018
+10,075
| +31% | +$474K |
|
1860
MPLX
MPLX
$59.3B
| $1.93M | ﹤0.01% |
75,272
+20,283
| +37% | +$498K |
|
1861
Invesco Active US Real Estate Fund
PSR
$59.4M
| $1.93M | ﹤0.01% |
20,626
+6,000
| +41% | +$535K |
|
1862
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$259M
| $1.93M | ﹤0.01% |
87,091
+38,242
| +78% | +$842K |
|
|
SBNY
1863
DELISTED
Signature Bank
SBNY
| $1.93M | ﹤0.01% |
8,520
+5,376
| +171% | +$1.06M |
|
1864
Ingersoll Rand
IR
$32.6B
| $1.92M | ﹤0.01% |
39,061
+2,027
| +5% | +$93.8K |
|
|
AUY
1865
DELISTED
Yamana Gold, Inc.
AUY
| $1.92M | ﹤0.01% |
442,787
+20,450
| +5% | +$97.6K |
|
|
SHYF
1866
DELISTED
The Shyft Group
SHYF
| $1.92M | ﹤0.01% |
51,492
+850
| +2% | +$28.5K |
|
1867
Global X S&P 500 Catholic Values ETF
CATH
$1.28B
| $1.92M | ﹤0.01% |
38,681
+5,888
| +18% | +$281K |
|
1868
TripAdvisor
TRIP
$1.65B
| $1.91M | ﹤0.01% |
35,590
-1,887
| -5% | -$81K |
|
|
FLG
1869
Flagstar Bank National Association
FLG
$5.93B
| $1.91M | ﹤0.01% |
50,565
+3,662
| +8% | +$127K |
|
|
PBEE
1870
DELISTED
Invesco PureBeta FTSE Emerging Markets ETF
PBEE
| $1.91M | ﹤0.01% |
65,036
+45,751
| +237% | +$1.38M |
|
|
CMRC
1871
Commerce.com Inc Series 1
CMRC
$258M
| $1.91M | ﹤0.01% |
33,067
+19,015
| +135% | +$1.26M |
|
1872
Ericsson
ERIC
$32.2B
| $1.91M | ﹤0.01% |
144,503
-129,425
| -47% | -$1.65M |
|
1873
Nokia
NOK
$51B
| $1.91M | ﹤0.01% |
481,323
-267,463
| -36% | -$1.12M |
|
1874
Allegion
ALLE
$13.4B
| $1.91M | ﹤0.01% |
15,167
+2,103
| +16% | +$243K |
|
|
STKL
1875
DELISTED
SunOpta
STKL
| $1.91M | ﹤0.01% |
129,003
+63,939
| +98% | +$915K |
|
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.