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 | |
|---|---|---|---|---|---|---|
|
CFLT
2576
DELISTED
Confluent
CFLT
| $1.89M | ﹤0.01% |
62,039
+10,966
| +21% | +$310K |
|
2577
White Mountains Insurance
WTM
$5.3B
| $1.89M | ﹤0.01% |
1,055
+28
| +3% | +$46.9K |
|
2578
InterDigital
IDCC
$8.47B
| $1.89M | ﹤0.01% |
17,783
+1,676
| +10% | +$177K |
|
2579
Sabra Healthcare REIT
SBRA
$5.34B
| $1.89M | ﹤0.01% |
128,153
+1,670
| +1% | +$23.1K |
|
|
FLC
2580
Flaherty & Crumrine Total Return Fund
FLC
$175M
| $1.89M | ﹤0.01% |
122,416
+2,648
| +2% | +$39.8K |
|
2581
Avantor
AVTR
$8.91B
| $1.89M | ﹤0.01% |
73,886
+15,124
| +26% | +$360K |
|
2582
Kyndryl
KD
$3.09B
| $1.89M | ﹤0.01% |
86,673
+10,526
| +14% | +$224K |
|
2583
Avantis Core Municipal Fixed Income ETF
AVMU
$172M
| $1.88M | ﹤0.01% |
40,387
+10,654
| +36% | +$497K |
|
2584
Travel + Leisure Co
TNL
$4.74B
| $1.88M | ﹤0.01% |
38,307
-2,497
| -6% | -$107K |
|
|
BKN
2585
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $1.87M | ﹤0.01% |
150,688
+2,178
| +1% | +$26.2K |
|
2586
Putnam Focused Large Cap Value ETF
PVAL
$13.6B
| $1.87M | ﹤0.01% |
52,298
+22
| +0% | +$725 |
|
|
OXLC
2587
Oxford Lane Capital
OXLC
$894M
| $1.87M | ﹤0.01% |
73,427
-3,661
| -5% | -$94K |
|
2588
American Conservative Values ETF
ACVF
$158M
| $1.86M | ﹤0.01% |
46,072
-1,237
| -3% | -$47.4K |
|
2589
Churchill Downs
CHDN
$6.06B
| $1.86M | ﹤0.01% |
15,067
+1,316
| +10% | +$159K |
|
2590
Nuveen California Municipal Value Fund
NCA
$299M
| $1.86M | ﹤0.01% |
207,002
+94,738
| +84% | +$842K |
|
2591
iShares MSCI Germany ETF
EWG
$1.61B
| $1.86M | ﹤0.01% |
58,580
-104,872
| -64% | -$3.14M |
|
|
AGD
2592
abrdn Global Dynamic Dividend Fund
AGD
$318M
| $1.86M | ﹤0.01% |
191,493
-56,875
| -23% | -$535K |
|
2593
Aptus Defined Risk ETF
DRSK
$1.54B
| $1.86M | ﹤0.01% |
69,651
+20,215
| +41% | +$525K |
|
|
MUI
2594
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $1.86M | ﹤0.01% |
153,901
+22,815
| +17% | +$268K |
|
|
EFT
2595
Eaton Vance Floating-Rate Income Trust
EFT
$288M
| $1.85M | ﹤0.01% |
139,295
+7,271
| +6% | +$95.3K |
|
2596
EastGroup Properties
EGP
$10.8B
| $1.85M | ﹤0.01% |
10,309
+3,451
| +50% | +$622K |
|
2597
Fortis
FTS
$28.6B
| $1.85M | ﹤0.01% |
46,830
-192
| -0.4% | -$7.65K |
|
2598
3D Systems Corp
DDD
$588M
| $1.85M | ﹤0.01% |
416,718
+7,726
| +2% | +$38K |
|
2599
FTI Consulting
FCN
$4.17B
| $1.85M | ﹤0.01% |
8,776
+1,902
| +28% | +$382K |
|
2600
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.8M
| $1.84M | ﹤0.01% |
18,878
-20
| -0.1% | -$1.88K |
|
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.