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 | |
|---|---|---|---|---|---|---|
2126
Commault Systems
CVLT
$5.52B
| $482K | ﹤0.01% |
11,895
-196
| -2% | -$8.46K |
|
2127
Invesco S&P 500 High Beta ETF
SPHB
$1.03B
| $477K | ﹤0.01% |
16,330
-20,688
| -56% | -$852K |
|
|
CMD
2128
DELISTED
Cantel Medical Corporation
CMD
| $477K | ﹤0.01% |
13,295
+6,158
| +86% | +$350K |
|
2129
Ambarella
AMBA
$3.59B
| $476K | ﹤0.01% |
9,794
-17,423
| -64% | -$999K |
|
2130
Davis Select International ETF
DINT
$294M
| $476K | ﹤0.01% |
31,933
-2,020
| -6% | -$36.2K |
|
2131
Lincoln Electric
LECO
$15.2B
| $476K | ﹤0.01% |
6,902
-2,595
| -27% | -$222K |
|
2132
TAL Education Group
TAL
$6.71B
| $476K | ﹤0.01% |
8,929
+128
| +1% | +$6.88K |
|
2133
Hercules Capital
HTGC
$3.12B
| $475K | ﹤0.01% |
62,134
-99,605
| -62% | -$1.3M |
|
2134
NRG Energy
NRG
$25.5B
| $475K | ﹤0.01% |
17,416
+1,738
| +11% | +$59.9K |
|
2135
InfraCap MLP ETF
AMZA
$462M
| $474K | ﹤0.01% |
43,868
+11,823
| +37% | +$386K |
|
2136
ALPS Disruptive Technologies ETF
DTEC
$74.7M
| $474K | ﹤0.01% |
17,939
-11,490
| -39% | -$357K |
|
2137
JPMorgan BetaBuilders Canada ETF
BBCA
$11.1B
| $473K | ﹤0.01% |
12,452
+514
| +4% | +$24.6K |
|
|
IRBT
2138
DELISTED
iRobot
IRBT
| $473K | ﹤0.01% |
11,559
-347
| -3% | -$16.7K |
|
2139
Banco Santander
SAN
$209B
| $473K | ﹤0.01% |
210,014
-21,970
| -9% | -$75.4K |
|
2140
abrdn Physical Silver Shares ETF
SIVR
$4.31B
| $473K | ﹤0.01% |
34,906
+682
| +2% | +$11.1K |
|
2141
Monro
MNRO
$411M
| $472K | ﹤0.01% |
10,781
-7,999
| -43% | -$485K |
|
2142
BlackRock Enhanced Captial and Income Fund
CII
$1.01B
| $469K | ﹤0.01% |
36,126
-6,019
| -14% | -$95.4K |
|
|
DFND
2143
DELISTED
Siren DIVCON Dividend Defender ETF
DFND
| $468K | ﹤0.01% |
15,017
+5,095
| +51% | +$163K |
|
2144
CRH
CRH
$66.5B
| $463K | ﹤0.01% |
17,257
+2,564
| +17% | +$88.1K |
|
2145
Nuveen ESG Mid-Cap Value ETF
NUMV
$456M
| $463K | ﹤0.01% |
22,948
+3,329
| +17% | +$89.8K |
|
2146
iShares MSCI Europe Financials ETF
EUFN
$4.27B
| $462K | ﹤0.01% |
36,898
-3,200
| -8% | -$54.5K |
|
2147
Genpact
G
$5.98B
| $462K | ﹤0.01% |
15,831
+4,335
| +38% | +$170K |
|
2148
Zillow
Z
$8.26B
| $461K | ﹤0.01% |
12,810
+1,219
| +11% | +$56.3K |
|
2149
New England Realty Associates
NEN
$196M
| $460K | ﹤0.01% |
9,802
| – | – |
|
2150
Pegasystems
PEGA
$5.23B
| $460K | ﹤0.01% |
12,906
+724
| +6% | +$30.4K |
|
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.