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 | |
|---|---|---|---|---|---|---|
2826
Global X Emerging Markets Great Consumer ETF
EMC
$56.8M
| $1.48M | ﹤0.01% |
56,447
-16,007
| -22% | -$406K |
|
2827
FirstService
FSV
$6.35B
| $1.48M | ﹤0.01% |
8,902
+2,316
| +35% | +$382K |
|
2828
Pinnacle Financial Partners Inc
PNFP
$16.2B
| $1.47M | ﹤0.01% |
17,169
+501
| +3% | +$42.1K |
|
2829
Axos Financial
AX
$5.89B
| $1.47M | ﹤0.01% |
27,270
+175
| +0.6% | +$9.21K |
|
2830
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.02B
| $1.47M | ﹤0.01% |
47,682
-7,967
| -14% | -$241K |
|
2831
Insight Enterprises
NSIT
$4.24B
| $1.47M | ﹤0.01% |
7,917
+1,321
| +20% | +$244K |
|
2832
MGIC Investment
MTG
$6.27B
| $1.47M | ﹤0.01% |
65,682
-1,722
| -3% | -$34.4K |
|
2833
Korn Ferry
KFY
$4.25B
| $1.47M | ﹤0.01% |
22,300
-7,920
| -26% | -$478K |
|
2834
Cemex
CX
$16.7B
| $1.47M | ﹤0.01% |
162,753
+21,949
| +16% | +$176K |
|
2835
Invesco DB Precious Metals Fund
DBP
$250M
| $1.47M | ﹤0.01% |
27,358
+9,315
| +52% | +$465K |
|
2836
Ryan Specialty Holdings
RYAN
$5.83B
| $1.46M | ﹤0.01% |
26,379
+594
| +2% | +$28.4K |
|
2837
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$462M
| $1.46M | ﹤0.01% |
50,281
-9,447
| -16% | -$275K |
|
2838
WisdomTree Enhanced Commodity Strategy Fund
GCC
$271M
| $1.46M | ﹤0.01% |
79,365
-23,873
| -23% | -$414K |
|
|
STR
2839
DELISTED
Sitio Royalties
STR
| $1.46M | ﹤0.01% |
59,161
+16,918
| +40% | +$381K |
|
2840
ALPS Clean Energy ETF
ACES
$120M
| $1.46M | ﹤0.01% |
49,239
-8,454
| -15% | -$255K |
|
2841
Teladoc Health
TDOC
$1.26B
| $1.46M | ﹤0.01% |
96,713
-4,012
| -4% | -$72.8K |
|
|
ETRN
2842
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $1.46M | ﹤0.01% |
116,855
+35,561
| +44% | +$382K |
|
2843
Alliance Resource Partners
ARLP
$3.27B
| $1.46M | ﹤0.01% |
72,761
-21,475
| -23% | -$437K |
|
2844
Kontoor Brands
KTB
$4.62B
| $1.46M | ﹤0.01% |
24,212
+2,203
| +10% | +$132K |
|
2845
Carriage Services
CSV
$657M
| $1.46M | ﹤0.01% |
53,907
-327
| -0.6% | -$8.19K |
|
2846
Prosperity Bancshares
PB
$8.94B
| $1.46M | ﹤0.01% |
22,159
+647
| +3% | +$41.3K |
|
|
PRO
2847
DELISTED
PROS Holdings
PRO
| $1.46M | ﹤0.01% |
40,102
+4,791
| +14% | +$169K |
|
2848
News Corp Class A
NWSA
$15.7B
| $1.45M | ﹤0.01% |
55,476
+2,487
| +5% | +$63.1K |
|
|
FSD
2849
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.45M | ﹤0.01% |
121,587
-2,694
| -2% | -$31.7K |
|
|
SRV
2850
NXG Cushing Midstream Energy Fund
SRV
$216M
| $1.45M | ﹤0.01% |
35,161
+3,085
| +10% | +$113K |
|
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.