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 | |
|---|---|---|---|---|---|---|
2076
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.64B
| $1.47M | ﹤0.01% |
68,763
+16,136
| +31% | +$349K |
|
|
THQ
2077
abrdn Healthcare Opportunities Fund
THQ
$779M
| $1.47M | ﹤0.01% |
67,415
+12,022
| +22% | +$252K |
|
2078
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.8M
| $1.46M | ﹤0.01% |
30,415
+10,673
| +54% | +$502K |
|
2079
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58B
| $1.46M | ﹤0.01% |
42,900
| – | – |
|
|
PETQ
2080
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.46M | ﹤0.01% |
41,366
+3,617
| +10% | +$128K |
|
2081
Assured Guaranty
AGO
$3.72B
| $1.46M | ﹤0.01% |
34,472
-1,258
| -4% | -$50.3K |
|
|
DQ
2082
Daqo New Energy
DQ
$922M
| $1.46M | ﹤0.01% |
+19,301
| New | +$1.77M |
|
2083
LKQ Corp
LKQ
$5.92B
| $1.46M | ﹤0.01% |
34,425
-5,072
| -13% | -$200K |
|
2084
CBRE Group
CBRE
$42.7B
| $1.46M | ﹤0.01% |
18,386
+1,351
| +8% | +$95.5K |
|
2085
Pacific Biosciences
PACB
$444M
| $1.45M | ﹤0.01% |
43,608
-87
| -0.2% | -$3.04K |
|
|
PDM
2086
Piedmont Realty Trust
PDM
$1.24B
| $1.45M | ﹤0.01% |
83,604
-9,523
| -10% | -$161K |
|
2087
Gen Digital
GEN
$16.8B
| $1.45M | ﹤0.01% |
68,076
+278
| +0.4% | +$5.83K |
|
2088
Vale
VALE
$61.9B
| $1.45M | ﹤0.01% |
83,236
+43,297
| +108% | +$756K |
|
|
MNR
2089
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.45M | ﹤0.01% |
81,781
+3,734
| +5% | +$65.9K |
|
2090
Elanco Animal Health
ELAN
$12.7B
| $1.45M | ﹤0.01% |
49,087
+15,949
| +48% | +$490K |
|
2091
KT
KT
$8.76B
| $1.45M | ﹤0.01% |
116,210
+4,034
| +4% | +$45.7K |
|
2092
Global X Cybersecurity ETF
BUG
$1.38B
| $1.45M | ﹤0.01% |
57,695
+18,537
| +47% | +$507K |
|
|
CMA
2093
DELISTED
Comerica
CMA
| $1.44M | ﹤0.01% |
20,131
+421
| +2% | +$27.6K |
|
2094
Invesco S&P Emerging Markets Momentum ETF
EEMO
$23.1M
| $1.44M | ﹤0.01% |
75,362
+16,032
| +27% | +$328K |
|
2095
Viasat
VSAT
$10.9B
| $1.44M | ﹤0.01% |
29,973
+1,092
| +4% | +$52.9K |
|
2096
BlackRock Science and Technology Trust
BST
$1.66B
| $1.43M | ﹤0.01% |
26,788
+4,465
| +20% | +$242K |
|
2097
Bloom Energy
BE
$64.8B
| $1.43M | ﹤0.01% |
52,855
+23,709
| +81% | +$773K |
|
2098
Tanger
SKT
$4.69B
| $1.43M | ﹤0.01% |
94,239
-47,855
| -34% | -$706K |
|
2099
Korn Ferry
KFY
$4.23B
| $1.43M | ﹤0.01% |
22,854
+3,269
| +17% | +$182K |
|
2100
BlackRock Multi-Sector Income Trust
BIT
$700M
| $1.42M | ﹤0.01% |
79,048
-2,323
| -3% | -$40.9K |
|
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.