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 | |
|---|---|---|---|---|---|---|
|
IVH
2351
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
| $355K | ﹤0.01% |
34,143
+825
| +2% | +$10.6K |
|
2352
SPS Commerce
SPSC
$2.61B
| $353K | ﹤0.01% |
7,592
+272
| +4% | +$14.3K |
|
|
HYLV
2353
DELISTED
IQ S&P High Yield Low Volatility Bond ETF
HYLV
| $353K | ﹤0.01% |
15,269
-2,127
| -12% | -$52.5K |
|
2354
Owens Corning
OC
$12.3B
| $352K | ﹤0.01% |
9,080
-1,888
| -17% | -$106K |
|
2355
Acadia Healthcare
ACHC
$3B
| $351K | ﹤0.01% |
19,153
+517
| +3% | +$14.8K |
|
2356
Fluor
FLR
$7.2B
| $351K | ﹤0.01% |
50,784
+16,236
| +47% | +$227K |
|
2357
Elbit Systems
ESLT
$40.5B
| $350K | ﹤0.01% |
2,739
-60
| -2% | -$8.79K |
|
2358
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$95.2M
| $350K | ﹤0.01% |
14,041
-1,502
| -10% | -$37.4K |
|
2359
Douglas Dynamics
PLOW
$1.05B
| $350K | ﹤0.01% |
9,861
-75
| -0.8% | -$3.52K |
|
2360
BRC Group Holdings
RILY
$308M
| $350K | ﹤0.01% |
19,015
+466
| +3% | +$11K |
|
|
KL
2361
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $350K | ﹤0.01% |
11,816
-4,344
| -27% | -$159K |
|
2362
Moog Inc Class A
MOG.A
$12.9B
| $349K | ﹤0.01% |
6,900
+196
| +3% | +$15.2K |
|
2363
Plug Power
PLUG
$2.93B
| $349K | ﹤0.01% |
98,466
-29,337
| -23% | -$119K |
|
|
PML
2364
PIMCO Municipal Income Fund II
PML
$485M
| $349K | ﹤0.01% |
27,560
-73,799
| -73% | -$1.07M |
|
2365
Impinj
PI
$4.99B
| $348K | ﹤0.01% |
20,800
-4,548
| -18% | -$123K |
|
2366
Vistra
VST
$47.4B
| $348K | ﹤0.01% |
21,809
-928
| -4% | -$18.9K |
|
|
PZC
2367
DELISTED
PIMCO California Municipal Income Fund III
PZC
| $347K | ﹤0.01% |
35,600
| – | – |
|
2368
TransUnion
TRU
$15.3B
| $347K | ﹤0.01% |
5,247
-313
| -6% | -$27K |
|
|
LSXMA
2369
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $347K | ﹤0.01% |
15,159
+1,139
| +8% | +$36K |
|
2370
Restaurant Brands International
QSR
$25.8B
| $346K | ﹤0.01% |
8,638
+1,145
| +15% | +$64.8K |
|
|
TCF
2371
DELISTED
TCF Financial Corporation Common Stock
TCF
| $346K | ﹤0.01% |
15,258
+2,252
| +17% | +$84.6K |
|
2372
Associated Banc-Corp
ASB
$5.95B
| $345K | ﹤0.01% |
26,970
-5,177
| -16% | -$92.9K |
|
2373
Renaissance IPO ETF
IPO
$158M
| $345K | ﹤0.01% |
13,112
+3,967
| +43% | +$123K |
|
2374
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$577M
| $345K | ﹤0.01% |
9,301
-1,166
| -11% | -$51.3K |
|
2375
Lazard
LAZ
$4.26B
| $345K | ﹤0.01% |
14,655
+1,181
| +9% | +$43.7K |
|
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.