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 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$647M |
| 2 |
Vanguard Russell 1000 Value ETF
VONV
|
+$623M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$530M |
| 4 |
iShares Global Infrastructure ETF
IGF
|
+$434M |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$1.08B |
| 2 |
iShares MSCI EAFE Growth ETF
EFG
|
+$347M |
| 3 |
iShares Core S&P US Growth ETF
IUSG
|
+$307M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$229M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$195M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.41% |
| 2 | Financials | 3.81% |
| 3 | Healthcare | 2.68% |
| 4 | Consumer Discretionary | 2.67% |
| 5 | Industrials | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
TransUnion
TRU
$15.7B
| $4.83M | ﹤0.01% |
58,161
+3,869
| +7% | +$353K |
|
2177
AAM S&P 500 High Dividend Value ETF
SPDV
$104M
| $4.82M | ﹤0.01% |
148,249
-459
| -0.3% | -$15.2K |
|
2178
Woodward
WWD
$22.1B
| $4.82M | ﹤0.01% |
28,643
-8,049
| -22% | -$1.49M |
|
2179
Olin
OLN
$2.17B
| $4.82M | ﹤0.01% |
198,723
+60,246
| +44% | +$1.7M |
|
2180
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$975M
| $4.82M | ﹤0.01% |
245,008
+27,783
| +13% | +$538K |
|
2181
Planet Fitness
PLNT
$4.43B
| $4.81M | ﹤0.01% |
50,890
+6,228
| +14% | +$627K |
|
2182
Invitation Homes
INVH
$18.1B
| $4.8M | ﹤0.01% |
137,605
+60,604
| +79% | +$1.96M |
|
2183
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$35.6M
| $4.78M | ﹤0.01% |
132,863
+6,136
| +5% | +$221K |
|
2184
Marathon Digital Holdings
MARA
$4.48B
| $4.78M | ﹤0.01% |
415,770
-216,102
| -34% | -$3.44M |
|
2185
Samsara
IOT
$22.5B
| $4.77M | ﹤0.01% |
124,448
-2,736
| -2% | -$127K |
|
2186
BCE
BCE
$20.5B
| $4.76M | ﹤0.01% |
207,391
-55,389
| -21% | -$1.3M |
|
2187
Globant
GLOB
$1.65B
| $4.76M | ﹤0.01% |
41,376
+10,054
| +32% | +$1.8M |
|
2188
Nexstar Media Group
NXST
$5.99B
| $4.75M | ﹤0.01% |
28,936
+8,430
| +41% | +$1.36M |
|
2189
Lantheus
LNTH
$6.58B
| $4.75M | ﹤0.01% |
48,637
-1,596
| -3% | -$149K |
|
2190
Daktronics
DAKT
$1.04B
| $4.74M | ﹤0.01% |
389,072
+65,868
| +20% | +$994K |
|
2191
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$535M
| $4.74M | ﹤0.01% |
64,176
+25,033
| +64% | +$1.99M |
|
2192
FT Vest US Equity Buffer ETF July
FJUL
$1.25B
| $4.73M | ﹤0.01% |
99,254
+252
| +0.3% | +$12.4K |
|
2193
Global X Alternative Income ETF
ALTY
$45.8M
| $4.72M | ﹤0.01% |
403,493
+42,152
| +12% | +$499K |
|
2194
AngloGold Ashanti
AU
$41.2B
| $4.72M | ﹤0.01% |
127,220
+58,169
| +84% | +$1.79M |
|
|
QSIG
2195
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$53.1M
| $4.72M | ﹤0.01% |
97,465
+62,417
| +178% | +$3.01M |
|
2196
LKQ Corp
LKQ
$6.2B
| $4.72M | ﹤0.01% |
110,903
-15,826
| -12% | -$628K |
|
|
FT
2197
Franklin Universal Trust
FT
$199M
| $4.72M | ﹤0.01% |
626,230
-26,305
| -4% | -$198K |
|
2198
Encompass Health
EHC
$11B
| $4.71M | ﹤0.01% |
46,525
+10,967
| +31% | +$1.07M |
|
2199
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $4.71M | ﹤0.01% |
98,664
+3,902
| +4% | +$187K |
|
2200
BWX Technologies
BWXT
$15.8B
| $4.7M | ﹤0.01% |
47,630
-6,922
| -13% | -$751K |
|
Similar funds
LPL Financial's Q1 2025 Portfolio in Review
As of Q1 2025, LPL Financial held 5,580 positions worth $257B, up 4.5% from $246B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
LPL Financial deployed $18.1B of net new capital in Q1 2025, opening 307 new positions and adding to 3,292 existing holdings. Its largest new stake was iShares High Yield Muni Active ETF: 1,729,238 shares worth $85.6M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, down from 8.3% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P Mid-Cap ETF, an estimated $1.08B trimmed.
- LPL Financial's largest Q1 2025 buy was iShares High Yield Muni Active ETF: 1,729,238 shares worth $85.6M.
- LPL Financial added most to Vanguard Short-Term Inflation-Protected Securities Index Fund in Q1 2025, an estimated $647M increase.
- LPL Financial's biggest Q1 2025 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $1.08B.
- LPL Financial fully exited Aspen Technology Inc in Q1 2025, selling an estimated $6.48M.
- LPL Financial's ten largest holdings make up 15% of its $257B portfolio in Q1 2025.
- LPL Financial opened 307 new positions and closed 235 in Q1 2025.
- LPL Financial's portfolio value rose 4.5% quarter-over-quarter to $257B.
Based on LPL Financial's 13F filing for Q1 2025, filed 7 May 2025.