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 | |
|---|---|---|---|---|---|---|
|
SUM
1951
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $626K | ﹤0.01% |
42,413
-54,641
| -56% | -$1.06M |
|
1952
Kinross Gold
KGC
$30.3B
| $625K | ﹤0.01% |
156,916
-7,450
| -5% | -$36K |
|
1953
Fidelity Low Volatility Factor ETF
FDLO
$1.45B
| $624K | ﹤0.01% |
19,991
+3,279
| +20% | +$121K |
|
1954
Tradeweb Markets
TW
$21.7B
| $624K | ﹤0.01% |
14,849
+3,579
| +32% | +$164K |
|
|
WNS
1955
DELISTED
WNS Holdings
WNS
| $624K | ﹤0.01% |
14,519
-1,231
| -8% | -$78.9K |
|
|
SRC
1956
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $624K | ﹤0.01% |
23,855
+399
| +2% | +$18.1K |
|
|
DBL
1957
DoubleLine Opportunistic Credit Fund
DBL
$280M
| $623K | ﹤0.01% |
36,444
+2,127
| +6% | +$42.7K |
|
1958
VanEck Merk Gold Trust
OUNZ
$2.64B
| $622K | ﹤0.01% |
40,425
+2,521
| +7% | +$39K |
|
1959
Molson Coors Class B
TAP
$7.83B
| $620K | ﹤0.01% |
15,905
-1,836
| -10% | -$93K |
|
|
HPF
1960
John Hancock Preferred Income Fund II
HPF
$345M
| $619K | ﹤0.01% |
40,179
-10,145
| -20% | -$205K |
|
1961
LGI Homes
LGIH
$1.43B
| $618K | ﹤0.01% |
13,684
-101
| -0.7% | -$7.5K |
|
1962
Park Hotels & Resorts
PK
$3.04B
| $618K | ﹤0.01% |
78,172
+11,150
| +17% | +$210K |
|
1963
Cracker Barrel
CBRL
$1.3B
| $617K | ﹤0.01% |
7,409
-14,087
| -66% | -$1.93M |
|
|
GGN
1964
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$794M
| $617K | ﹤0.01% |
226,755
+10,052
| +5% | +$38.5K |
|
|
AIV
1965
Aimco
AIV
$381M
| $613K | ﹤0.01% |
130,919
-26,446
| -17% | -$169K |
|
1966
VanEck CEF Muni Income ETF
XMPT
$219M
| $612K | ﹤0.01% |
24,055
-5,941
| -20% | -$161K |
|
1967
Schwab Fundamental US Small Company Index ETF
FNDA
$9.37B
| $609K | ﹤0.01% |
47,106
-8,824
| -16% | -$156K |
|
1968
iShares MSCI Global Sustainable Development Goals ETF
SDG
$172M
| $609K | ﹤0.01% |
10,603
-77
| -0.7% | -$4.97K |
|
|
RESE
1969
DELISTED
WisdomTree Emerging Markets ESG Fund
RESE
| $609K | ﹤0.01% |
25,969
-3,717
| -13% | -$109K |
|
1970
ICF International
ICFI
$1.53B
| $608K | ﹤0.01% |
8,853
+99
| +1% | +$8.08K |
|
1971
Cullen/Frost Bankers
CFR
$10.4B
| $607K | ﹤0.01% |
10,887
-47,725
| -81% | -$3.89M |
|
1972
WIX.com
WIX
$2.74B
| $606K | ﹤0.01% |
6,009
+352
| +6% | +$46K |
|
1973
Invesco S&P MidCap Quality ETF
XMHQ
$5.61B
| $606K | ﹤0.01% |
14,694
+10,428
| +244% | +$518K |
|
1974
Tapestry
TPR
$32B
| $605K | ﹤0.01% |
46,756
+5,329
| +13% | +$125K |
|
1975
PLDT
PHI
$4.22B
| $604K | ﹤0.01% |
+29,387
| New | +$583K |
|
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.