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 | |
|---|---|---|---|---|---|---|
|
GGN
2451
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$770M
| $930K | ﹤0.01% |
267,944
+19,716
| +8% | +$69K |
|
2452
PTC
PTC
$15.2B
| $929K | ﹤0.01% |
6,751
-2,819
| -29% | -$375K |
|
2453
Wendy's
WEN
$1.43B
| $929K | ﹤0.01% |
45,841
+3,938
| +9% | +$81.8K |
|
2454
Amcor
AMCR
$21.3B
| $927K | ﹤0.01% |
15,875
+2,174
| +16% | +$124K |
|
|
LAZR
2455
DELISTED
Luminar Technologies
LAZR
| $927K | ﹤0.01% |
2,541
+280
| +12% | +$127K |
|
2456
Global X Aging Population ETF
AGNG
$87.2M
| $926K | ﹤0.01% |
33,357
+2,114
| +7% | +$59.9K |
|
|
PARAA
2457
DELISTED
Paramount Global Class A
PARAA
| $924K | ﹤0.01% |
19,578
-1,223
| -6% | -$75K |
|
2458
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
$75.4M
| $923K | ﹤0.01% |
31,562
-719
| -2% | -$19.7K |
|
2459
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $923K | ﹤0.01% |
18,373
+869
| +5% | +$43.5K |
|
2460
iShares S&P India Nifty 50 Index Fund
INDY
$567M
| $923K | ﹤0.01% |
20,578
+2,530
| +14% | +$113K |
|
2461
Arrow Financial
AROW
$667M
| $922K | ﹤0.01% |
30,231
+22,234
| +278% | +$654K |
|
2462
Howmet Aerospace
HWM
$115B
| $921K | ﹤0.01% |
28,665
+555
| +2% | +$16K |
|
2463
Diodes
DIOD
$3.77B
| $918K | ﹤0.01% |
11,504
-1,415
| -11% | -$112K |
|
2464
VanEck Pharmaceutical ETF
PPH
$917M
| $918K | ﹤0.01% |
13,305
+2,670
| +25% | +$184K |
|
2465
ICF International
ICFI
$1.52B
| $916K | ﹤0.01% |
10,479
-37
| -0.4% | -$3.09K |
|
2466
Kornit Digital
KRNT
$734M
| $916K | ﹤0.01% |
9,241
+340
| +4% | +$33.6K |
|
2467
Range Resources
RRC
$9.43B
| $915K | ﹤0.01% |
88,557
-51,844
| -37% | -$503K |
|
|
SVC
2468
Service Properties Trust
SVC
$1.02B
| $915K | ﹤0.01% |
15,432
+629
| +4% | +$37.8K |
|
2469
UFP Industries
UFPI
$5.18B
| $912K | ﹤0.01% |
12,030
+4,103
| +52% | +$257K |
|
2470
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$568M
| $911K | ﹤0.01% |
15,776
+3,178
| +25% | +$178K |
|
2471
Smith & Wesson
SWBI
$660M
| $911K | ﹤0.01% |
52,183
+21,269
| +69% | +$387K |
|
2472
World Kinect Corp
WKC
$2B
| $908K | ﹤0.01% |
+25,802
| New | +$876K |
|
|
FSGS
2473
First Trust SMID Growth Strength ETF
FSGS
$31.4M
| $908K | ﹤0.01% |
32,139
-1,752
| -5% | -$47.1K |
|
2474
AppFolio
APPF
$6.79B
| $907K | ﹤0.01% |
6,415
+31
| +0.5% | +$4.81K |
|
2475
Impinj
PI
$4.93B
| $907K | ﹤0.01% |
15,944
-1,752
| -10% | -$103K |
|
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.