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 | |
|---|---|---|---|---|---|---|
2876
Northwest Bancshares
NWBI
$2.34B
| $1.41M | ﹤0.01% |
120,683
+19,002
| +19% | +$225K |
|
|
FPL
2877
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $1.4M | ﹤0.01% |
183,397
-4,353
| -2% | -$30.6K |
|
2878
abrdn Physical Palladium Shares ETF
PALL
$661M
| $1.4M | ﹤0.01% |
75,035
-25,770
| -26% | -$464K |
|
2879
Nuveen Real Estate Income Fund
JRS
$248M
| $1.4M | ﹤0.01% |
177,640
-12,267
| -6% | -$94K |
|
2880
Bio-Rad Laboratories Class A
BIO
$9.31B
| $1.4M | ﹤0.01% |
4,053
-20,864
| -84% | -$6.86M |
|
2881
Brookfield Asset Management
BAM
$84B
| $1.4M | ﹤0.01% |
33,355
-2,339
| -7% | -$94.6K |
|
2882
Vanguard US Minimum Volatility ETF
VFMV
$436M
| $1.4M | ﹤0.01% |
12,524
+5,655
| +82% | +$609K |
|
2883
T. Rowe Price Dividend Growth ETF
TDVG
$1.45B
| $1.4M | ﹤0.01% |
36,817
-2,699
| -7% | -$98.2K |
|
2884
AngloGold Ashanti
AU
$44.8B
| $1.4M | ﹤0.01% |
62,988
-52,824
| -46% | -$995K |
|
2885
PagerDuty
PD
$865M
| $1.4M | ﹤0.01% |
61,645
+7,081
| +13% | +$168K |
|
2886
United Therapeutics
UTHR
$22B
| $1.4M | ﹤0.01% |
6,082
+543
| +10% | +$123K |
|
2887
Amplify Video Game Tech ETF
GAMR
$39.3M
| $1.4M | ﹤0.01% |
23,984
-2,736
| -10% | -$157K |
|
|
EVM
2888
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $1.4M | ﹤0.01% |
147,641
+47,975
| +48% | +$448K |
|
|
PPI
2889
AXS Astoria Inflation Sensitive ETF
PPI
$159M
| $1.39M | ﹤0.01% |
87,628
+49,732
| +131% | +$714K |
|
2890
Timken Company
TKR
$9.13B
| $1.39M | ﹤0.01% |
15,936
+2,009
| +14% | +$166K |
|
2891
Tandem Diabetes Care
TNDM
$1.34B
| $1.39M | ﹤0.01% |
39,272
+13,931
| +55% | +$373K |
|
2892
Coca-Cola Femsa
KOF
$22.7B
| $1.39M | ﹤0.01% |
14,295
-23,132
| -62% | -$2.21M |
|
2893
MINISO
MNSO
$3.67B
| $1.39M | ﹤0.01% |
67,773
+20,034
| +42% | +$383K |
|
2894
Ryder
R
$10.2B
| $1.39M | ﹤0.01% |
11,548
-509
| -4% | -$58K |
|
|
EMBJ
2895
Embraer S.A. ADS
EMBJ
$13B
| $1.39M | ﹤0.01% |
52,066
+37,610
| +260% | +$747K |
|
2896
MYR Group
MYRG
$5.2B
| $1.39M | ﹤0.01% |
7,846
+1,385
| +21% | +$213K |
|
2897
Exelixis
EXEL
$14.3B
| $1.39M | ﹤0.01% |
58,382
-3,723
| -6% | -$82.8K |
|
2898
Ethan Allen Interiors
ETD
$614M
| $1.38M | ﹤0.01% |
40,049
+1,464
| +4% | +$45.8K |
|
2899
Hecla Mining
HL
$11.1B
| $1.38M | ﹤0.01% |
287,775
+169,070
| +142% | +$675K |
|
2900
iShares Global Industrials ETF
EXI
$1.48B
| $1.38M | ﹤0.01% |
9,909
-32
| -0.3% | -$4.2K |
|
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.