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 | |
|---|---|---|---|---|---|---|
|
CRON
2326
Cronos Group
CRON
$1.06B
| $1.09M | ﹤0.01% |
114,978
-6,946
| -6% | -$73.5K |
|
2327
Canadian Natural Resources
CNQ
$96.7B
| $1.09M | ﹤0.01% |
71,817
+38,863
| +118% | +$525K |
|
2328
PagerDuty
PD
$856M
| $1.08M | ﹤0.01% |
26,946
+4,910
| +22% | +$224K |
|
|
FMBI
2329
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $1.08M | ﹤0.01% |
49,461
+2,257
| +5% | +$44.1K |
|
|
AMED
2330
DELISTED
Amedisys
AMED
| $1.08M | ﹤0.01% |
4,091
+323
| +9% | +$91.1K |
|
2331
Saic
SAIC
$5.08B
| $1.08M | ﹤0.01% |
12,957
-466
| -3% | -$43.7K |
|
2332
Sunoco
SUN
$14.6B
| $1.08M | ﹤0.01% |
33,987
-11,581
| -25% | -$362K |
|
2333
Golub Capital BDC
GBDC
$3.44B
| $1.08M | ﹤0.01% |
73,811
+8,292
| +13% | +$122K |
|
2334
Tortoise North American Pipeline ETF
TPYP
$868M
| $1.08M | ﹤0.01% |
53,226
+6,242
| +13% | +$120K |
|
2335
New Mountain Finance
NMFC
$683M
| $1.08M | ﹤0.01% |
86,903
-33,853
| -28% | -$413K |
|
2336
Novanta
NOVT
$5.28B
| $1.08M | ﹤0.01% |
8,177
-31
| -0.4% | -$4.07K |
|
2337
Restaurant Brands International
QSR
$25.3B
| $1.08M | ﹤0.01% |
16,570
-1,631
| -9% | -$101K |
|
2338
Integer Holdings
ITGR
$4.23B
| $1.08M | ﹤0.01% |
11,682
+7,391
| +172% | +$625K |
|
|
KW
2339
DELISTED
Kennedy-Wilson Holdings
KW
| $1.07M | ﹤0.01% |
53,193
+1,343
| +3% | +$25.2K |
|
2340
Old National Bancorp
ONB
$10.3B
| $1.07M | ﹤0.01% |
55,557
+28
| +0.1% | +$519 |
|
2341
CVR Energy
CVI
$3.31B
| $1.07M | ﹤0.01% |
55,935
+23,403
| +72% | +$476K |
|
2342
Cboe Global Markets
CBOE
$31.2B
| $1.07M | ﹤0.01% |
10,865
-610
| -5% | -$59.6K |
|
2343
Hubbell
HUBB
$25.2B
| $1.07M | ﹤0.01% |
5,738
-1,882
| -25% | -$325K |
|
2344
Invesco S&P SmallCap Quality ETF
XSHQ
$319M
| $1.07M | ﹤0.01% |
29,085
+3,586
| +14% | +$129K |
|
|
IRNT
2345
DELISTED
IronNet, Inc.
IRNT
| $1.07M | ﹤0.01% |
+107,690
| New | +$1.13M |
|
|
XM
2346
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| $1.07M | ﹤0.01% |
+32,478
| New | +$1.32M |
|
|
VAR
2347
DELISTED
Varian Medical Systems, Inc.
VAR
| $1.07M | ﹤0.01% |
6,058
+209
| +4% | +$36.8K |
|
2348
VanEck Emerging Markets High Yield Bond ETF
HYEM
$521M
| $1.07M | ﹤0.01% |
45,197
-57,268
| -56% | -$1.36M |
|
2349
Sabre
SABR
$779M
| $1.07M | ﹤0.01% |
72,102
+42,633
| +145% | +$578K |
|
|
ECF
2350
Ellsworth Growth & Income Fund
ECF
$169M
| $1.07M | ﹤0.01% |
78,835
+4,231
| +6% | +$61.7K |
|
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.