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 | |
|---|---|---|---|---|---|---|
2751
CBIZ
CBZ
$2.97B
| $1.59M | ﹤0.01% |
20,246
-1,166
| -5% | -$81.1K |
|
2752
Nuveen Core Equity Alpha Fund
JCE
$285M
| $1.59M | ﹤0.01% |
112,921
+5,886
| +5% | +$80K |
|
|
CACG
2753
DELISTED
Legg Mason ETF Investment Trust ClearBridge All Cap Growth ESG ETF
CACG
| $1.59M | ﹤0.01% |
30,494
-10,942
| -26% | -$549K |
|
2754
Horizon Technology Finance
HRZN
$294M
| $1.59M | ﹤0.01% |
139,666
+56,465
| +68% | +$713K |
|
2755
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$588M
| $1.59M | ﹤0.01% |
32,156
-2,277
| -7% | -$106K |
|
2756
NIO
NIO
$11.7B
| $1.59M | ﹤0.01% |
352,562
-4,277
| -1% | -$25.8K |
|
|
BWG
2757
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$131M
| $1.58M | ﹤0.01% |
186,846
+18,752
| +11% | +$158K |
|
2758
ACM Research
ACMR
$5.7B
| $1.58M | ﹤0.01% |
54,347
+22,445
| +70% | +$514K |
|
2759
Plug Power
PLUG
$2.93B
| $1.58M | ﹤0.01% |
458,650
+175,813
| +62% | +$653K |
|
2760
Wabash National
WNC
$518M
| $1.58M | ﹤0.01% |
52,666
+1,174
| +2% | +$30.9K |
|
2761
Plexus
PLXS
$7.35B
| $1.57M | ﹤0.01% |
16,605
+749
| +5% | +$72.1K |
|
2762
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$323M
| $1.57M | ﹤0.01% |
64,167
-122
| -0.2% | -$3.04K |
|
2763
Armstrong World Industries
AWI
$7.86B
| $1.57M | ﹤0.01% |
12,638
+388
| +3% | +$42.8K |
|
2764
Equitable Holdings
EQH
$14B
| $1.57M | ﹤0.01% |
41,277
-14,906
| -27% | -$507K |
|
2765
iShares Global Timber & Forestry ETF
WOOD
$271M
| $1.57M | ﹤0.01% |
18,583
-158
| -0.8% | -$12.4K |
|
2766
Arcutis Biotherapeutics
ARQT
$3.39B
| $1.57M | ﹤0.01% |
158,205
-31,438
| -17% | -$235K |
|
2767
SentinelOne
S
$7.2B
| $1.56M | ﹤0.01% |
66,984
+38,791
| +138% | +$1.01M |
|
|
KIO
2768
KKR Income Opportunities Fund
KIO
$453M
| $1.56M | ﹤0.01% |
115,210
+96
| +0.1% | +$1.25K |
|
|
EVN
2769
Eaton Vance Municipal Income Trust
EVN
$419M
| $1.56M | ﹤0.01% |
152,114
-12,075
| -7% | -$122K |
|
2770
iShares Bloomberg Roll Select Commodity Strategy ETF
CMDY
$553M
| $1.55M | ﹤0.01% |
32,425
-486
| -1% | -$22.7K |
|
2771
Frontline
FRO
$8.45B
| $1.55M | ﹤0.01% |
66,496
-227
| -0.3% | -$5.12K |
|
2772
GlobalFoundries
GFS
$27.1B
| $1.55M | ﹤0.01% |
29,760
-1,011
| -3% | -$55.4K |
|
2773
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$23.1M
| $1.55M | ﹤0.01% |
16,061
+5,089
| +46% | +$441K |
|
2774
Comstock Resources
CRK
$3.81B
| $1.55M | ﹤0.01% |
167,064
+13,749
| +9% | +$113K |
|
2775
Virtus Reaves Utilities ETF
UTES
$1.3B
| $1.55M | ﹤0.01% |
31,879
+5,627
| +21% | +$252K |
|
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.