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 US Treasury Bond ETF
GOVT
|
+$2.1B |
| 2 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$559M |
| 3 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$548M |
| 4 |
iShares Core Universal USD Bond ETF
IUSB
|
+$408M |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$368M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$1.4B |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$380M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$360M |
| 4 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$298M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$149M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.21% |
| 2 | Financials | 3.26% |
| 3 | Healthcare | 2.83% |
| 4 | Consumer Discretionary | 2.64% |
| 5 | Industrials | 2.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Kite Realty
KRG
$5.35B
| $2.09M | ﹤0.01% |
96,449
+9,660
| +11% | +$208K |
|
2502
Roundhill Ball Metaverse ETF
METV
$217M
| $2.09M | ﹤0.01% |
167,966
+31,132
| +23% | +$371K |
|
2503
FT Vest US Equity Deep Buffer ETF September
DSEP
$354M
| $2.08M | ﹤0.01% |
54,476
+19,935
| +58% | +$743K |
|
2504
Old National Bancorp
ONB
$10.2B
| $2.08M | ﹤0.01% |
119,445
+1,073
| +0.9% | +$17.8K |
|
2505
Banco Santander
SAN
$209B
| $2.08M | ﹤0.01% |
429,621
+130,643
| +44% | +$546K |
|
|
INFA
2506
DELISTED
Informatica
INFA
| $2.08M | ﹤0.01% |
59,307
+15,792
| +36% | +$497K |
|
2507
Biohaven
BHVN
$2.17B
| $2.08M | ﹤0.01% |
37,943
+15,425
| +69% | +$764K |
|
2508
MidCap Financial Investment
MFIC
$800M
| $2.07M | ﹤0.01% |
137,888
+13,496
| +11% | +$191K |
|
2509
iShares ESG MSCI USA Leaders ETF
SUSL
$1.19B
| $2.07M | ﹤0.01% |
22,079
+719
| +3% | +$64K |
|
2510
Recursion Pharmaceuticals
RXRX
$1.69B
| $2.07M | ﹤0.01% |
207,822
+68,320
| +49% | +$761K |
|
2511
ATI
ATI
$30.5B
| $2.07M | ﹤0.01% |
40,458
+335
| +0.8% | +$15.1K |
|
2512
Invesco Dorsey Wright Energy Momentum ETF
PXI
$51M
| $2.07M | ﹤0.01% |
42,284
-3,295
| -7% | -$148K |
|
|
BERY
2513
DELISTED
Berry Global Group, Inc.
BERY
| $2.07M | ﹤0.01% |
37,243
+12,336
| +50% | +$702K |
|
2514
Inspire Medical Systems
INSP
$1.7B
| $2.07M | ﹤0.01% |
9,623
+442
| +5% | +$86.6K |
|
2515
Dentsply Sirona
XRAY
$2.64B
| $2.07M | ﹤0.01% |
62,266
+51,279
| +467% | +$1.75M |
|
2516
Cambria Value and Momentum ETF
VAMO
$108M
| $2.07M | ﹤0.01% |
69,162
+1,217
| +2% | +$34.5K |
|
2517
Global X Adaptive US Factor ETF
AUSF
$904M
| $2.06M | ﹤0.01% |
50,460
+27,163
| +117% | +$1.05M |
|
2518
iShares MSCI Europe Small-Cap ETF
IEUS
$183M
| $2.06M | ﹤0.01% |
36,406
+296
| +0.8% | +$16.2K |
|
|
HQL
2519
abrdn Life Sciences Investors
HQL
$615M
| $2.06M | ﹤0.01% |
150,992
-1,730
| -1% | -$23.9K |
|
2520
Nokia
NOK
$52.6B
| $2.06M | ﹤0.01% |
580,653
-96,886
| -14% | -$345K |
|
2521
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$81.7M
| $2.05M | ﹤0.01% |
98,963
+33,498
| +51% | +$673K |
|
|
NIE
2522
Virtus Equity & Convertible Income Fund
NIE
$726M
| $2.05M | ﹤0.01% |
91,504
-1,753
| -2% | -$38K |
|
2523
First Trust DorseyWright DALI 1 ETF
DALI
$99.9M
| $2.05M | ﹤0.01% |
84,889
-127,647
| -60% | -$2.91M |
|
2524
Brookfield Infrastructure
BIPC
$4.87B
| $2.05M | ﹤0.01% |
56,800
+3,147
| +6% | +$110K |
|
|
MYD
2525
DELISTED
BlackRock MuniYield Fund
MYD
| $2.04M | ﹤0.01% |
184,735
+41,744
| +29% | +$454K |
|
Similar funds
LPL Financial's Q1 2024 Portfolio in Review
As of Q1 2024, LPL Financial held 5,089 positions worth $186B, up 13% from $165B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
LPL Financial deployed $9.13B of net new capital in Q1 2024, opening 298 new positions and adding to 2,838 existing holdings. Its largest new stake was JPMorgan Global Select Equity ETF: 859,035 shares worth $49.3M.
By sector, the portfolio is most concentrated in Technology at 7.2% of assets, up from 6.9% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Vanguard Total Bond Market, an estimated $1.4B trimmed.
- LPL Financial's largest Q1 2024 buy was JPMorgan Global Select Equity ETF: 859,035 shares worth $49.3M.
- LPL Financial added most to iShares US Treasury Bond ETF in Q1 2024, an estimated $2.1B increase.
- LPL Financial's biggest Q1 2024 reduction was Vanguard Total Bond Market, cutting an estimated $1.4B.
- LPL Financial fully exited WisdomTree Emerging Currency Strategy Fund in Q1 2024, selling an estimated $13.1M.
- LPL Financial's ten largest holdings make up 16% of its $186B portfolio in Q1 2024.
- LPL Financial opened 298 new positions and closed 179 in Q1 2024.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $186B.
Based on LPL Financial's 13F filing for Q1 2024, filed 10 May 2024.