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 | |
|---|---|---|---|---|---|---|
2526
FT Vest US Equity Buffer ETF March
FMAR
$1.15B
| $2.04M | ﹤0.01% |
52,050
+8,452
| +19% | +$324K |
|
2527
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$340M
| $2.04M | ﹤0.01% |
130,183
-6,998
| -5% | -$107K |
|
2528
Carpenter Technology
CRS
$27.7B
| $2.03M | ﹤0.01% |
28,428
+3,815
| +15% | +$250K |
|
2529
Post Holdings
POST
$4.09B
| $2.03M | ﹤0.01% |
19,102
+336
| +2% | +$33.7K |
|
2530
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.2M
| $2.03M | ﹤0.01% |
38,029
-7,378
| -16% | -$391K |
|
2531
PUT
Twilio
TWLO
$29.3B
| $2.02M | ﹤0.01% |
330
-4,270
| -93% | -$281K |
|
2532
VanEck Energy Income ETF
EINC
$81.5M
| $2.01M | ﹤0.01% |
26,211
+2,864
| +12% | +$202K |
|
|
BECN
2533
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $2.01M | ﹤0.01% |
20,521
-3,906
| -16% | -$339K |
|
|
GAP
2534
The Gap Inc
GAP
$7.39B
| $2.01M | ﹤0.01% |
72,966
+4,546
| +7% | +$95.9K |
|
|
TYG
2535
Tortoise Energy Infrastructure Corp
TYG
$1.07B
| $2.01M | ﹤0.01% |
65,026
+8,146
| +14% | +$238K |
|
2536
Global X S&P 500 Quality Dividend ETF
QDIV
$30.4M
| $2.01M | ﹤0.01% |
57,819
-3,889
| -6% | -$127K |
|
2537
Group 1 Automotive
GPI
$3.23B
| $2M | ﹤0.01% |
6,845
+1,067
| +18% | +$291K |
|
2538
iShares MSCI Sweden ETF
EWD
$592M
| $1.99M | ﹤0.01% |
49,918
-157,044
| -76% | -$6.08M |
|
2539
First Financial Bankshares
FFIN
$4.97B
| $1.99M | ﹤0.01% |
60,777
+4,504
| +8% | +$138K |
|
2540
Honda
HMC
$39.9B
| $1.99M | ﹤0.01% |
53,544
+10,615
| +25% | +$365K |
|
2541
Idacorp
IDA
$8.15B
| $1.99M | ﹤0.01% |
21,444
+2,103
| +11% | +$193K |
|
|
NXC
2542
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $1.99M | ﹤0.01% |
148,183
+130,835
| +754% | +$1.73M |
|
2543
Brighthouse Financial
BHF
$3.57B
| $1.99M | ﹤0.01% |
38,600
+18,946
| +96% | +$941K |
|
2544
PureCycle Technologies
PCT
$1.38B
| $1.98M | ﹤0.01% |
317,860
+54,423
| +21% | +$253K |
|
2545
Avantis Emerging Markets Value ETF
AVES
$1.47B
| $1.98M | ﹤0.01% |
41,680
-1,802
| -4% | -$82.9K |
|
2546
CrossAmerica Partners
CAPL
$828M
| $1.97M | ﹤0.01% |
86,649
+44,825
| +107% | +$1.01M |
|
2547
Construction Partners
ROAD
$5.66B
| $1.96M | ﹤0.01% |
34,947
+6,846
| +24% | +$324K |
|
2548
CVR Energy
CVI
$3.15B
| $1.96M | ﹤0.01% |
54,948
+3,447
| +7% | +$114K |
|
2549
Global Net Lease
GNL
$1.91B
| $1.96M | ﹤0.01% |
251,973
+18,865
| +8% | +$155K |
|
|
SEE
2550
DELISTED
Sealed Air
SEE
| $1.96M | ﹤0.01% |
52,618
+11,320
| +27% | +$406K |
|
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.