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 | |
|---|---|---|---|---|---|---|
|
AIMC
1951
DELISTED
Altra Industrial Motion Corp
AIMC
| $1.73M | ﹤0.01% |
+31,327
| New | +$1.82M |
|
|
SNV
1952
DELISTED
Synovus
SNV
| $1.73M | ﹤0.01% |
37,791
+22,135
| +141% | +$927K |
|
|
SQEW
1953
DELISTED
LeaderShares Equity Skew ETF
SQEW
| $1.72M | ﹤0.01% |
48,684
+15,163
| +45% | +$527K |
|
1954
Rollins
ROL
$18.4B
| $1.72M | ﹤0.01% |
49,886
-27,523
| -36% | -$986K |
|
1955
AdvisorShares Dorsey Wright FSM All Cap World ETF
DWAW
$91.1M
| $1.71M | ﹤0.01% |
+46,625
| New | +$1.79M |
|
1956
Shake Shack
SHAK
$2.63B
| $1.71M | ﹤0.01% |
15,163
+4,359
| +40% | +$499K |
|
1957
BlackRock Health Sciences Trust
BME
$561M
| $1.71M | ﹤0.01% |
36,886
+1,882
| +5% | +$89.2K |
|
1958
Alphatec Holdings
ATEC
$1.57B
| $1.7M | ﹤0.01% |
107,820
-1,800
| -2% | -$28.3K |
|
1959
iShares Emerging Markets Equity Factor ETF
EMGF
$1.81B
| $1.7M | ﹤0.01% |
32,575
+5,986
| +23% | +$312K |
|
1960
Sturm, Ruger & Co
RGR
$602M
| $1.69M | ﹤0.01% |
25,632
+11,400
| +80% | +$785K |
|
1961
BlackRock TCP Capital
TCPC
$279M
| $1.69M | ﹤0.01% |
122,478
+4,848
| +4% | +$61.6K |
|
|
TEI
1962
Templeton Emerging Markets Income Fund
TEI
$315M
| $1.69M | ﹤0.01% |
229,665
+19,533
| +9% | +$149K |
|
1963
Moelis & Co
MC
$4.99B
| $1.69M | ﹤0.01% |
30,733
-9,164
| -23% | -$491K |
|
|
INCE
1964
Franklin Income Equity Focus ETF
INCE
$136M
| $1.69M | ﹤0.01% |
38,528
-296
| -0.8% | -$12.6K |
|
1965
Woodward
WWD
$21.6B
| $1.68M | ﹤0.01% |
13,964
-197
| -1% | -$23.5K |
|
1966
Pool Corp
POOL
$7.04B
| $1.68M | ﹤0.01% |
4,876
-58
| -1% | -$20.2K |
|
1967
Cullen/Frost Bankers
CFR
$10.4B
| $1.68M | ﹤0.01% |
15,461
-119
| -0.8% | -$12.3K |
|
1968
AptarGroup
ATR
$8.72B
| $1.68M | ﹤0.01% |
11,837
+5,034
| +74% | +$695K |
|
1969
Nuveen ESG Emerging Markets Equity ETF
NUEM
$368M
| $1.68M | ﹤0.01% |
47,761
+3,839
| +9% | +$138K |
|
1970
Invesco S&P 500 BuyWrite ETF
PBP
$359M
| $1.68M | ﹤0.01% |
77,407
+29,943
| +63% | +$629K |
|
1971
Brookfield Renewable
BEP
$10.3B
| $1.68M | ﹤0.01% |
39,351
+6,906
| +21% | +$306K |
|
1972
First Trust Exchange-Traded Fund VI First Trust S-Network E-Commerce ETF
ISHP
$5.35M
| $1.68M | ﹤0.01% |
53,050
+5,128
| +11% | +$156K |
|
1973
Nordson
NDSN
$16.8B
| $1.68M | ﹤0.01% |
8,437
-1,429
| -14% | -$278K |
|
1974
Louisiana-Pacific
LPX
$5.13B
| $1.68M | ﹤0.01% |
30,198
+19,291
| +177% | +$874K |
|
1975
Coherent
COHR
$52.3B
| $1.67M | ﹤0.01% |
24,478
+8,432
| +53% | +$692K |
|
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.