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 | |
|---|---|---|---|---|---|---|
2851
Applovin
APP
$140B
| $1.45M | ﹤0.01% |
20,941
+7,728
| +58% | +$409K |
|
2852
Artesian Resources
ARTNA
$352M
| $1.45M | ﹤0.01% |
38,949
-372
| -0.9% | -$13.6K |
|
2853
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.78B
| $1.44M | ﹤0.01% |
21,309
+9,942
| +87% | +$652K |
|
2854
Portland General Electric
POR
$5.79B
| $1.44M | ﹤0.01% |
34,265
+6,882
| +25% | +$283K |
|
|
CNH
2855
CNH Industrial
CNH
$13.4B
| $1.44M | ﹤0.01% |
111,024
-5,124
| -4% | -$62K |
|
2856
Garrett Motion
GTX
$5.86B
| $1.44M | ﹤0.01% |
144,481
+23,439
| +19% | +$216K |
|
2857
TransUnion
TRU
$15.3B
| $1.43M | ﹤0.01% |
17,981
-2,584
| -13% | -$189K |
|
|
HEES
2858
DELISTED
H&E Equipment Services
HEES
| $1.43M | ﹤0.01% |
22,331
+11,938
| +115% | +$655K |
|
2859
Host Hotels & Resorts
HST
$17.2B
| $1.43M | ﹤0.01% |
69,242
+51,109
| +282% | +$1.03M |
|
2860
JPMorgan Inflation Managed Bond ETF
JCPI
$868M
| $1.43M | ﹤0.01% |
30,521
-8,209
| -21% | -$381K |
|
2861
TFI International
TFII
$11.5B
| $1.43M | ﹤0.01% |
8,969
+3,263
| +57% | +$467K |
|
2862
Opus Small Cap Value ETF
OSCV
$714M
| $1.43M | ﹤0.01% |
39,718
+20,056
| +102% | +$681K |
|
2863
Fox Factory Holding Corp
FOXF
$824M
| $1.43M | ﹤0.01% |
27,404
+10,026
| +58% | +$591K |
|
2864
Primerica
PRI
$10B
| $1.43M | ﹤0.01% |
5,639
-151
| -3% | -$35.7K |
|
2865
Intellia Therapeutics
NTLA
$1.53B
| $1.42M | ﹤0.01% |
51,591
+5,055
| +11% | +$140K |
|
2866
ProShares S&P 500 ex-Energy ETF
SPXE
$86.5M
| $1.42M | ﹤0.01% |
25,272
+3,800
| +18% | +$203K |
|
|
HDUS
2867
Hartford Disciplined US Equity ETF
HDUS
$209M
| $1.42M | ﹤0.01% |
27,877
+5,101
| +22% | +$247K |
|
2868
Schwab Fundamental International Small Company Index ETF
FNDC
$3.13B
| $1.41M | ﹤0.01% |
39,823
+8,168
| +26% | +$281K |
|
2869
Trustmark
TRMK
$2.83B
| $1.41M | ﹤0.01% |
50,235
-13,707
| -21% | -$370K |
|
|
SII
2870
Sprott
SII
$2.98B
| $1.41M | ﹤0.01% |
38,196
-159
| -0.4% | -$5.71K |
|
2871
Black Hills Corp
BKH
$5.46B
| $1.41M | ﹤0.01% |
25,851
+2,610
| +11% | +$137K |
|
2872
PUT
Lockheed Martin
LMT
$133B
| $1.41M | ﹤0.01% |
31
-3,069
| -99% | -$1.35M |
|
2873
Fidelity Stocks for Inflation ETF
FCPI
$279M
| $1.41M | ﹤0.01% |
35,763
+3,070
| +9% | +$114K |
|
2874
Viper Energy
VNOM
$8.09B
| $1.41M | ﹤0.01% |
36,638
-10,872
| -23% | -$368K |
|
|
SVC
2875
Service Properties Trust
SVC
$1.02B
| $1.41M | ﹤0.01% |
41,496
-4,678
| -10% | -$173K |
|
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.