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 | |
|---|---|---|---|---|---|---|
2201
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $423K | ﹤0.01% |
42,237
+6,124
| +17% | +$75.7K |
|
|
P
2202
Everpure Inc
P
$27.8B
| $423K | ﹤0.01% |
34,352
-8,656
| -20% | -$140K |
|
2203
BlackRock TCP Capital
TCPC
$294M
| $423K | ﹤0.01% |
67,636
+11,756
| +21% | +$146K |
|
2204
Cheniere Energy
CQP
$31B
| $422K | ﹤0.01% |
15,611
-2,913
| -16% | -$99.6K |
|
2205
Invesco New York AMT-Free Municipal Bond ETF
PZT
$139M
| $422K | ﹤0.01% |
16,821
+3,741
| +29% | +$94.9K |
|
2206
Repligen
RGEN
$8.95B
| $422K | ﹤0.01% |
4,369
-1,816
| -29% | -$175K |
|
2207
SLR Investment Corp
SLRC
$691M
| $422K | ﹤0.01% |
36,241
+1,725
| +5% | +$31.4K |
|
|
ABLG
2208
Abacus FCF International Leaders ETF
ABLG
$16.5M
| $422K | ﹤0.01% |
20,150
-3,800
| -16% | -$95.2K |
|
2209
Travel + Leisure Co
TNL
$4.77B
| $421K | ﹤0.01% |
19,378
+8,812
| +83% | +$367K |
|
|
SAND
2210
DELISTED
Sandstorm Gold
SAND
| $420K | ﹤0.01% |
83,795
+12,148
| +17% | +$77.6K |
|
2211
EastGroup Properties
EGP
$10.9B
| $418K | ﹤0.01% |
3,997
-681
| -15% | -$86K |
|
2212
Americold
COLD
$4B
| $417K | ﹤0.01% |
12,263
-24
| -0.2% | -$804 |
|
2213
CubeSmart
CUBE
$9.45B
| $417K | ﹤0.01% |
15,565
+307
| +2% | +$9.22K |
|
2214
Inovio Pharmaceuticals
INO
$70M
| $417K | ﹤0.01% |
4,672
+1,330
| +40% | +$82K |
|
2215
BlackRock MuniHoldings Fund
MHD
$604M
| $417K | ﹤0.01% |
26,773
+762
| +3% | +$12.6K |
|
2216
Global X US Infrastructure Development ETF
PAVE
$15.1B
| $417K | ﹤0.01% |
33,862
-643
| -2% | -$10.2K |
|
2217
Invesco MSCI Global Timber ETF
CUT
$33.7M
| $416K | ﹤0.01% |
19,863
-39,213
| -66% | -$996K |
|
2218
Euronet Worldwide
EEFT
$2.78B
| $416K | ﹤0.01% |
4,856
+820
| +20% | +$109K |
|
2219
First Trust Emerging Markets Equity Select ETF
RNEM
$17.2M
| $415K | ﹤0.01% |
10,949
-13,904
| -56% | -$664K |
|
2220
Stride
LRN
$3.51B
| $414K | ﹤0.01% |
21,950
+3,002
| +16% | +$55.4K |
|
2221
Avista
AVA
$3.25B
| $413K | ﹤0.01% |
9,723
-3,977
| -29% | -$191K |
|
2222
SFL Corp
SFL
$1.58B
| $413K | ﹤0.01% |
43,645
+336
| +0.8% | +$4.16K |
|
2223
BlackRock MuniAssets Fund
MUA
$516M
| $412K | ﹤0.01% |
30,909
+3,334
| +12% | +$49.5K |
|
2224
Willis Towers Watson
WTW
$31.4B
| $411K | ﹤0.01% |
2,421
-1,022
| -30% | -$201K |
|
2225
Houlihan Lokey
HLI
$8.96B
| $410K | ﹤0.01% |
7,857
-1,321
| -14% | -$68.5K |
|
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.