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 | |
|---|---|---|---|---|---|---|
2926
Boise Cascade
BCC
$2.98B
| $1.34M | ﹤0.01% |
8,738
+577
| +7% | +$77.9K |
|
|
MFA
2927
MFA Financial
MFA
$920M
| $1.33M | ﹤0.01% |
116,907
+18,070
| +18% | +$202K |
|
2928
Sibanye-Stillwater
SBSW
$7.02B
| $1.33M | ﹤0.01% |
282,997
-10,374
| -4% | -$47.7K |
|
2929
iShares US & Intl High Yield Corp Bond ETF
GHYG
$199M
| $1.33M | ﹤0.01% |
30,115
+331
| +1% | +$14.5K |
|
2930
CALL
Bristol-Myers Squibb
BMY
$130B
| $1.33M | ﹤0.01% |
+245
| New | +$12.5K |
|
2931
Rexford Industrial Realty
REXR
$8.26B
| $1.32M | ﹤0.01% |
26,268
+3,093
| +13% | +$164K |
|
2932
Yeti Holdings
YETI
$3.98B
| $1.32M | ﹤0.01% |
34,266
-12,626
| -27% | -$534K |
|
2933
ProShares Equities for Rising Rates ETF
EQRR
$33.5M
| $1.32M | ﹤0.01% |
21,485
-3,994
| -16% | -$223K |
|
2934
Columbia Sportswear
COLM
$2.93B
| $1.31M | ﹤0.01% |
16,197
+1,167
| +8% | +$92.7K |
|
2935
PENN Entertainment
PENN
$2.63B
| $1.31M | ﹤0.01% |
72,096
-12,336
| -15% | -$255K |
|
2936
TechTarget
TTGT
$321M
| $1.31M | ﹤0.01% |
39,679
+3,348
| +9% | +$110K |
|
|
GGN
2937
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$795M
| $1.31M | ﹤0.01% |
339,999
+190,738
| +128% | +$717K |
|
2938
Trimble
TRMB
$13.7B
| $1.31M | ﹤0.01% |
20,387
-1,590
| -7% | -$90.6K |
|
|
EHI
2939
Western Asset Global High Income Fund
EHI
$177M
| $1.31M | ﹤0.01% |
187,075
-17,707
| -9% | -$126K |
|
2940
Cohen & Steers Select Preferred & Income Fund
PSF
$235M
| $1.31M | ﹤0.01% |
65,477
-892
| -1% | -$17.4K |
|
2941
Humacyte
HUMA
$197M
| $1.31M | ﹤0.01% |
420,095
+52,550
| +14% | +$177K |
|
2942
Avantis Responsible US Equity ETF
AVSU
$487M
| $1.31M | ﹤0.01% |
21,248
-3,787
| -15% | -$221K |
|
2943
CALL
Microsoft
MSFT
$3.62T
| $1.3M | ﹤0.01% |
31
-569
| -95% | -$230K |
|
|
PRFT
2944
DELISTED
Perficient Inc
PRFT
| $1.3M | ﹤0.01% |
23,165
+2,347
| +11% | +$154K |
|
2945
Interparfums
IPAR
$3.95B
| $1.3M | ﹤0.01% |
9,261
+4,518
| +95% | +$640K |
|
2946
Mitsubishi UFJ Financial
MUFG
$253B
| $1.3M | ﹤0.01% |
126,975
+41,093
| +48% | +$398K |
|
|
QQQN
2947
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $1.3M | ﹤0.01% |
43,736
-3,246
| -7% | -$90.6K |
|
2948
Pacer Trendpilot European Index ETF
PTEU
$37.7M
| $1.3M | ﹤0.01% |
48,463
-89,706
| -65% | -$2.27M |
|
|
TWO
2949
Two Harbors Investment
TWO
$1.26B
| $1.29M | ﹤0.01% |
97,716
-8,676
| -8% | -$113K |
|
2950
Schrodinger
SDGR
$1.23B
| $1.29M | ﹤0.01% |
47,811
-6,741
| -12% | -$188K |
|
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.