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 | |
|---|---|---|---|---|---|---|
2551
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$76.4M
| $1.95M | ﹤0.01% |
21,003
-10,406
| -33% | -$885K |
|
2552
First Trust Dow Jones International Internet ETF
FDNI
$31.7M
| $1.95M | ﹤0.01% |
85,111
+244
| +0.3% | +$5.41K |
|
2553
VanEck CEF Muni Income ETF
XMPT
$219M
| $1.95M | ﹤0.01% |
89,969
+2,916
| +3% | +$62.3K |
|
2554
MasTec
MTZ
$20.8B
| $1.95M | ﹤0.01% |
20,877
-817
| -4% | -$62.1K |
|
|
IFN
2555
Aberdeen India Fund
IFN
$502M
| $1.95M | ﹤0.01% |
95,097
+50,192
| +112% | +$989K |
|
2556
Smith & Nephew
SNN
$12.5B
| $1.95M | ﹤0.01% |
76,729
+13,532
| +21% | +$371K |
|
2557
Innovator Laddered Allocation Power Buffer ETF
BUFF
$934M
| $1.94M | ﹤0.01% |
46,558
+27,729
| +147% | +$1.13M |
|
2558
Barclays
BCS
$95B
| $1.94M | ﹤0.01% |
205,420
+26,547
| +15% | +$217K |
|
2559
Owens Corning
OC
$12.1B
| $1.94M | ﹤0.01% |
11,636
-5,016
| -30% | -$765K |
|
2560
Celestica
CLS
$36.2B
| $1.94M | ﹤0.01% |
43,163
+21,023
| +95% | +$798K |
|
|
LADR
2561
Ladder Capital
LADR
$1.21B
| $1.94M | ﹤0.01% |
173,942
+297
| +0.2% | +$3.26K |
|
2562
Jazz Pharmaceuticals
JAZZ
$16.7B
| $1.93M | ﹤0.01% |
16,033
+1,651
| +11% | +$202K |
|
2563
Bloomin' Brands
BLMN
$931M
| $1.93M | ﹤0.01% |
67,152
-25,705
| -28% | -$699K |
|
|
EOI
2564
Eaton Vance Enhanced Equity Income Fund
EOI
$821M
| $1.93M | ﹤0.01% |
105,616
+9,768
| +10% | +$171K |
|
|
MDC
2565
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.92M | ﹤0.01% |
30,587
-12,245
| -29% | -$748K |
|
2566
TKO Group
TKO
$13.7B
| $1.92M | ﹤0.01% |
22,244
+4,667
| +27% | +$388K |
|
|
TEI
2567
Templeton Emerging Markets Income Fund
TEI
$318M
| $1.92M | ﹤0.01% |
353,245
+3,444
| +1% | +$18K |
|
2568
IQ Candriam International Equity ETF
IQSI
$273M
| $1.91M | ﹤0.01% |
64,015
+14,243
| +29% | +$410K |
|
2569
AdvisorShares Ranger Equity Bear ETF
HDGE
$54.4M
| $1.91M | ﹤0.01% |
97,486
-22,860
| -19% | -$458K |
|
2570
First Horizon
FHN
$12.1B
| $1.91M | ﹤0.01% |
123,956
+10,785
| +10% | +$155K |
|
2571
Avnet
AVT
$7.94B
| $1.9M | ﹤0.01% |
38,403
+3,628
| +10% | +$170K |
|
|
PFL
2572
PIMCO Income Strategy Fund
PFL
$388M
| $1.9M | ﹤0.01% |
224,446
+16,012
| +8% | +$135K |
|
2573
Clearway Energy Class C
CWEN
$5.12B
| $1.9M | ﹤0.01% |
82,560
+5,955
| +8% | +$140K |
|
|
CSA
2574
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $1.89M | ﹤0.01% |
27,391
-66,223
| -71% | -$4.35M |
|
2575
BorgWarner
BWA
$13.5B
| $1.89M | ﹤0.01% |
54,512
+4,243
| +8% | +$139K |
|
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.