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 | |
|---|---|---|---|---|---|---|
3051
CGI
GIB
$15.1B
| $1.15M | ﹤0.01% |
10,393
+3,300
| +47% | +$369K |
|
|
TBLD
3052
Thornburg Income Builder Opportunities Trust
TBLD
$715M
| $1.15M | ﹤0.01% |
71,016
+22,767
| +47% | +$359K |
|
3053
First Trust RiverFront Dynamic Developed International ETF
RFDI
$166M
| $1.15M | ﹤0.01% |
17,829
+64
| +0.4% | +$3.98K |
|
3054
DoubleVerify
DV
$1.84B
| $1.14M | ﹤0.01% |
32,495
+10,252
| +46% | +$381K |
|
3055
Nutanix
NTNX
$16.5B
| $1.14M | ﹤0.01% |
18,508
-5,844
| -24% | -$337K |
|
|
MFM
3056
Aberdeen Municipal Income Fund
MFM
$221M
| $1.14M | ﹤0.01% |
212,556
-5,469
| -3% | -$28.8K |
|
3057
HCM Defender 500 Index ETF
LGH
$600M
| $1.14M | ﹤0.01% |
24,507
-674
| -3% | -$29.3K |
|
3058
Under Armour
UAA
$2.92B
| $1.14M | ﹤0.01% |
154,438
+2,181
| +1% | +$17.4K |
|
3059
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $1.14M | ﹤0.01% |
34,947
+10,460
| +43% | +$334K |
|
3060
Innovator US Equity Power Buffer ETF March
PMAR
$771M
| $1.14M | ﹤0.01% |
30,837
+13,352
| +76% | +$483K |
|
3061
Amplify Lithium & Battery Technology ETF
BATT
$123M
| $1.13M | ﹤0.01% |
119,656
-10,226
| -8% | -$94.5K |
|
3062
BlackRock MuniYield Quality Fund
MQY
$811M
| $1.13M | ﹤0.01% |
92,267
-2,330
| -2% | -$28.5K |
|
3063
JPMorgan BetaBuilders US Mid Cap Equity ETF
BBMC
$2.09B
| $1.13M | ﹤0.01% |
12,212
+2,302
| +23% | +$199K |
|
3064
B&G Foods
BGS
$287M
| $1.13M | ﹤0.01% |
98,423
-6,866
| -7% | -$71.9K |
|
|
PLL
3065
DELISTED
Piedmont Lithium
PLL
| $1.13M | ﹤0.01% |
84,517
+57,657
| +215% | +$925K |
|
3066
Ciena
CIEN
$58.4B
| $1.12M | ﹤0.01% |
22,724
+2,426
| +12% | +$128K |
|
3067
Autoliv
ALV
$9.06B
| $1.12M | ﹤0.01% |
9,324
+2,163
| +30% | +$242K |
|
3068
TD Synnex
SNX
$21.1B
| $1.12M | ﹤0.01% |
9,922
+6,766
| +214% | +$703K |
|
3069
DNOW Inc
DNOW
$2.6B
| $1.12M | ﹤0.01% |
73,820
-2,426
| -3% | -$29.3K |
|
3070
Vanguard US Value Factor ETF
VFVA
$912M
| $1.12M | ﹤0.01% |
9,394
-867
| -8% | -$97.5K |
|
|
HPS
3071
John Hancock Preferred Income Fund III
HPS
$459M
| $1.12M | ﹤0.01% |
72,560
+1,609
| +2% | +$23.9K |
|
3072
FNB Corp
FNB
$6.85B
| $1.12M | ﹤0.01% |
79,282
-14,980
| -16% | -$202K |
|
3073
iShares MSCI Agriculture Producers ETF
VEGI
$147M
| $1.12M | ﹤0.01% |
29,013
-63,320
| -69% | -$2.33M |
|
|
CCEC
3074
Capital Clean Energy Carriers
CCEC
$1.38B
| $1.12M | ﹤0.01% |
64,158
+41,056
| +178% | +$722K |
|
|
SPR
3075
DELISTED
Spirit AeroSystems
SPR
| $1.11M | ﹤0.01% |
30,907
+14,008
| +83% | +$425K |
|
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.