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
| 1 |
Vanguard Value ETF
VTV
|
$120M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
$111M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
$103M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
$103M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
$99.8M |
Top Sells
| 1 |
Health Care Select Sector SPDR Fund
XLV
|
$41.2M |
| 2 |
iShares Russell 1000 ETF
IWB
|
$33.6M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
$23.6M |
| 4 |
iShare MSCI Eurozone ETF
EZU
|
$21.6M |
| 5 |
iShares US Real Estate ETF
IYR
|
$18.9M |
Sector Composition
| 1 | Technology | 2.99% |
| 2 | Financials | 2.85% |
| 3 | Industrials | 2.4% |
| 4 | Healthcare | 2.31% |
| 5 | Communication Services | 2.04% |
