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 | |
|---|---|---|---|---|---|---|
|
BZUN
2076
Baozun
BZUN
$172M
| $516K | ﹤0.01% |
18,451
-8,688
| -32% | -$274K |
|
2077
LKQ Corp
LKQ
$6.1B
| $516K | ﹤0.01% |
25,142
+2,589
| +11% | +$76.8K |
|
2078
Semtech
SMTC
$11.3B
| $516K | ﹤0.01% |
13,759
+2,888
| +27% | +$131K |
|
2079
WD-40
WDFC
$3.15B
| $516K | ﹤0.01% |
2,570
-207
| -7% | -$39K |
|
|
HFXE
2080
DELISTED
IQ 50 Percent Hedged FTSE Europe ETF
HFXE
| $516K | ﹤0.01% |
32,464
-2,370
| -7% | -$45.4K |
|
2081
Schwab International Small-Cap Equity ETF
SCHC
$5.59B
| $514K | ﹤0.01% |
21,072
+8,440
| +67% | +$260K |
|
|
CIO
2082
DELISTED
City Office REIT
CIO
| $513K | ﹤0.01% |
70,981
+7,826
| +12% | +$92.9K |
|
2083
Silgan Holdings
SLGN
$4.51B
| $512K | ﹤0.01% |
17,629
+118
| +0.7% | +$3.55K |
|
2084
STAG Industrial
STAG
$7.19B
| $512K | ﹤0.01% |
22,735
+1,143
| +5% | +$33.2K |
|
2085
Universal Health Services
UHS
$10.4B
| $512K | ﹤0.01% |
5,172
+1,842
| +55% | +$233K |
|
|
SCIU
2086
DELISTED
Global X Scientific Beta US ETF
SCIU
| $512K | ﹤0.01% |
19,100
+6,532
| +52% | +$215K |
|
2087
Liberty Broadband Class C
LBRDK
$5.16B
| $511K | ﹤0.01% |
4,616
+141
| +3% | +$17.5K |
|
2088
Nuveen AMT-Free Municipal Value Fund
NUW
$251M
| $511K | ﹤0.01% |
32,643
+2,711
| +9% | +$43.6K |
|
2089
First Trust Managed Futures Strategy Fund
FMF
$248M
| $508K | ﹤0.01% |
11,625
+4,329
| +59% | +$186K |
|
2090
Ollie's Bargain Outlet
OLLI
$4.74B
| $508K | ﹤0.01% |
10,955
+1,100
| +11% | +$56.4K |
|
|
TWOU
2091
DELISTED
2U Inc
TWOU
| $508K | ﹤0.01% |
798
-69
| -8% | -$46.6K |
|
2092
Chegg
CHGG
$115M
| $507K | ﹤0.01% |
14,182
+1,620
| +13% | +$63.3K |
|
2093
Hubbell
HUBB
$27.1B
| $507K | ﹤0.01% |
4,422
-120
| -3% | -$16.2K |
|
|
NUO
2094
DELISTED
Nuveen Ohio Quality Municipal Income Fund
NUO
| $506K | ﹤0.01% |
34,358
+5,929
| +21% | +$90K |
|
2095
Sabra Healthcare REIT
SBRA
$5.32B
| $505K | ﹤0.01% |
46,244
+2,591
| +6% | +$47.8K |
|
2096
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.8M
| $505K | ﹤0.01% |
18,442
+1,965
| +12% | +$71.5K |
|
2097
Global X Uranium ETF
URA
$5.94B
| $505K | ﹤0.01% |
57,940
+27,001
| +87% | +$268K |
|
2098
Chemours
CC
$2.19B
| $504K | ﹤0.01% |
56,800
+38,891
| +217% | +$561K |
|
2099
WaFd
WAFD
$2.79B
| $503K | ﹤0.01% |
19,369
-954
| -5% | -$30.5K |
|
2100
Kimco Realty
KIM
$16.8B
| $502K | ﹤0.01% |
51,895
+1,366
| +3% | +$23.5K |
|
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.