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 | |
|---|---|---|---|---|---|---|
|
DBL
2601
DoubleLine Opportunistic Credit Fund
DBL
$280M
| $1.84M | ﹤0.01% |
119,488
+8,955
| +8% | +$137K |
|
|
DEA
2602
Easterly Government Properties
DEA
$1.18B
| $1.84M | ﹤0.01% |
63,905
+14,449
| +29% | +$439K |
|
2603
Symbotic
SYM
$5.04B
| $1.84M | ﹤0.01% |
40,817
+8,214
| +25% | +$360K |
|
2604
Sun Life Financial
SLF
$45.6B
| $1.84M | ﹤0.01% |
33,624
+4,278
| +15% | +$226K |
|
2605
Invesco S&P 500 BuyWrite ETF
PBP
$361M
| $1.83M | ﹤0.01% |
81,554
-81
| -0.1% | -$1.78K |
|
2606
BlackRock Income Trust
BKT
$339M
| $1.83M | ﹤0.01% |
154,015
-16,761
| -10% | -$201K |
|
2607
Global X Variable Rate Preferred ETF
PFFV
$303M
| $1.83M | ﹤0.01% |
77,336
-68,107
| -47% | -$1.61M |
|
2608
Saratoga Investment
SAR
$318M
| $1.83M | ﹤0.01% |
78,835
+4,400
| +6% | +$103K |
|
2609
Levi Strauss
LEVI
$9.35B
| $1.83M | ﹤0.01% |
91,489
+1,779
| +2% | +$30.9K |
|
|
ECC
2610
Eagle Point Credit Company
ECC
$516M
| $1.83M | ﹤0.01% |
180,769
+113,194
| +168% | +$1.13M |
|
2611
AppFolio
APPF
$6.87B
| $1.83M | ﹤0.01% |
7,400
-488
| -6% | -$105K |
|
2612
iShares Global Utilities ETF
JXI
$309M
| $1.82M | ﹤0.01% |
30,847
-45
| -0.1% | -$2.56K |
|
2613
Kohl's
KSS
$2.09B
| $1.82M | ﹤0.01% |
62,430
+3,461
| +6% | +$92.9K |
|
2614
Invesco S&P SmallCap Energy ETF
PSCE
$97.4M
| $1.81M | ﹤0.01% |
32,516
-14,333
| -31% | -$736K |
|
2615
Cambria Global Momentum ETF
GMOM
$71.1M
| $1.81M | ﹤0.01% |
62,187
+5,973
| +11% | +$166K |
|
2616
BGC Group
BGC
$4.97B
| $1.8M | ﹤0.01% |
232,286
+56,983
| +33% | +$422K |
|
2617
Rush Enterprises Class A
RUSHA
$6.2B
| $1.8M | ﹤0.01% |
33,700
+1,056
| +3% | +$49.9K |
|
|
ENV
2618
DELISTED
ENVESTNET, INC.
ENV
| $1.8M | ﹤0.01% |
31,051
+2,332
| +8% | +$122K |
|
2619
Lyft
LYFT
$6.19B
| $1.79M | ﹤0.01% |
92,680
+17,932
| +24% | +$275K |
|
|
BFZ
2620
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $1.79M | ﹤0.01% |
151,618
+93,492
| +161% | +$1.1M |
|
2621
Viemed Healthcare
VMD
$363M
| $1.79M | ﹤0.01% |
189,990
+3,200
| +2% | +$27.4K |
|
2622
First Trust Securitized Plus ETF
DEED
$64.4M
| $1.79M | ﹤0.01% |
86,474
+7,392
| +9% | +$153K |
|
2623
iShares GNMA Bond ETF
GNMA
$422M
| $1.79M | ﹤0.01% |
41,267
+1,334
| +3% | +$58K |
|
2624
TORM
TRMD
$3.02B
| $1.79M | ﹤0.01% |
51,179
+12,438
| +32% | +$423K |
|
2625
WisdomTree Emerging Markets Efficient Core Fund
NTSE
$54.4M
| $1.79M | ﹤0.01% |
63,184
+5,916
| +10% | +$164K |
|
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.