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 | |
|---|---|---|---|---|---|---|
|
LVUS
2451
DELISTED
Hartford Multifactor Low Volatility US Equity ETF
LVUS
| $320K | ﹤0.01% |
+13,244
| New | +$393K |
|
2452
Dine Brands
DIN
$453M
| $319K | ﹤0.01% |
+11,130
| New | +$807K |
|
2453
Flowers Foods
FLO
$1.57B
| $319K | ﹤0.01% |
15,529
+593
| +4% | +$12.9K |
|
2454
Mercury Insurance
MCY
$6.07B
| $319K | ﹤0.01% |
7,832
-309
| -4% | -$14.1K |
|
2455
Zions Bancorporation
ZION
$10.5B
| $319K | ﹤0.01% |
11,912
+3,096
| +35% | +$128K |
|
2456
Cemex
CX
$16.7B
| $318K | ﹤0.01% |
149,997
+31,445
| +27% | +$106K |
|
|
GLU
2457
Gabelli Utility & Income Trust
GLU
$116M
| $317K | ﹤0.01% |
23,332
+4,593
| +25% | +$80.3K |
|
|
RDFN
2458
DELISTED
Redfin
RDFN
| $317K | ﹤0.01% |
20,538
+1,341
| +7% | +$31.2K |
|
2459
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$603M
| $316K | ﹤0.01% |
14,654
-50,460
| -77% | -$1.46M |
|
2460
Quanta Services
PWR
$103B
| $316K | ﹤0.01% |
9,967
+345
| +4% | +$12.8K |
|
|
CLR
2461
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $316K | ﹤0.01% |
41,296
+11,379
| +38% | +$254K |
|
|
ALFA
2462
DELISTED
AlphaClone Alternative Alpha ETF
ALFA
| $316K | ﹤0.01% |
7,140
-1,330
| -16% | -$73.7K |
|
2463
Addus HomeCare
ADUS
$2.17B
| $315K | ﹤0.01% |
4,658
+778
| +20% | +$67.3K |
|
|
TARO
2464
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $315K | ﹤0.01% |
5,151
-190
| -4% | -$14.1K |
|
|
IPHI
2465
DELISTED
INPHI CORPORATION
IPHI
| $315K | ﹤0.01% |
3,975
-1,786
| -31% | -$139K |
|
2466
FlexShares STOXX US ESG Select Index Fund
ESG
$136M
| $314K | ﹤0.01% |
5,074
+489
| +11% | +$35.7K |
|
|
FLIC
2467
DELISTED
First of Long Island Corp
FLIC
| $313K | ﹤0.01% |
18,060
-4,300
| -19% | -$90K |
|
2468
Iridium Communications
IRDM
$5.13B
| $313K | ﹤0.01% |
14,036
+2,774
| +25% | +$71.8K |
|
2469
Protolabs
PRLB
$2.16B
| $313K | ﹤0.01% |
4,106
+1,353
| +49% | +$125K |
|
2470
Arcosa
ACA
$7.14B
| $312K | ﹤0.01% |
7,851
+2,235
| +40% | +$94.5K |
|
|
EVM
2471
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $312K | ﹤0.01% |
29,585
+4,560
| +18% | +$51.5K |
|
2472
EXL Service
EXLS
$5.11B
| $312K | ﹤0.01% |
29,960
+265
| +0.9% | +$3.61K |
|
2473
Integra LifeSciences
IART
$1.38B
| $312K | ﹤0.01% |
6,993
+769
| +12% | +$40.4K |
|
2474
American Financial Group
AFG
$12.2B
| $311K | ﹤0.01% |
+4,436
| New | +$428K |
|
2475
Sun Life Financial
SLF
$45.3B
| $311K | ﹤0.01% |
9,697
-25,012
| -72% | -$1.07M |
|
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.