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 | |
|---|---|---|---|---|---|---|
3076
iShares High Yield Corporate Bond BuyWrite Strategy ETF
HYGW
$112M
| $1.11M | ﹤0.01% |
33,139
+19,211
| +138% | +$644K |
|
3077
Morningstar
MORN
$7.41B
| $1.11M | ﹤0.01% |
3,601
-3,876
| -52% | -$1.12M |
|
3078
Ternium
TX
$10.3B
| $1.11M | ﹤0.01% |
26,665
+5,776
| +28% | +$229K |
|
3079
Americold
COLD
$3.98B
| $1.11M | ﹤0.01% |
44,503
-139
| -0.3% | -$3.8K |
|
3080
BlackRock MuniYield Quality Fund III
MYI
$721M
| $1.11M | ﹤0.01% |
96,712
+2,276
| +2% | +$25.9K |
|
3081
Acadia Pharmaceuticals
ACAD
$4.94B
| $1.11M | ﹤0.01% |
59,892
-3,178
| -5% | -$78.7K |
|
|
BSL
3082
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$170M
| $1.1M | ﹤0.01% |
77,059
-91,857
| -54% | -$1.27M |
|
|
COOP
3083
DELISTED
Mr. Cooper
COOP
| $1.1M | ﹤0.01% |
14,160
+55
| +0.4% | +$3.83K |
|
3084
CONMED
CNMD
$1.5B
| $1.1M | ﹤0.01% |
13,780
+871
| +7% | +$77.6K |
|
|
ARCH
3085
DELISTED
Arch Resources, Inc.
ARCH
| $1.1M | ﹤0.01% |
6,847
-3,112
| -31% | -$532K |
|
3086
Nuveen AMT-Free Municipal Value Fund
NUW
$250M
| $1.1M | ﹤0.01% |
81,474
-3,002
| -4% | -$41.2K |
|
3087
COPT Defense Properties
CDP
$4.23B
| $1.1M | ﹤0.01% |
45,486
+14,815
| +48% | +$361K |
|
3088
FT Vest US Equity Deep Buffer ETF June
DJUN
$352M
| $1.1M | ﹤0.01% |
27,446
+13,777
| +101% | +$538K |
|
3089
Global X S&P 500 Risk Managed Income ETF
XRMI
$50.3M
| $1.09M | ﹤0.01% |
56,634
+46,090
| +437% | +$881K |
|
3090
Innovator US Equity Ultra Buffer ETF January
UJAN
$272M
| $1.09M | ﹤0.01% |
30,268
+16,021
| +112% | +$564K |
|
|
ARR
3091
Armour Residential REIT
ARR
$2.34B
| $1.09M | ﹤0.01% |
55,240
+30,910
| +127% | +$594K |
|
|
EMTL
3092
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
| $1.09M | ﹤0.01% |
25,879
+6,471
| +33% | +$271K |
|
3093
Nuveen Select Tax-Free Income Portfolio
NXP
$898M
| $1.09M | ﹤0.01% |
75,592
+1,653
| +2% | +$24.1K |
|
3094
CorVel
CRVL
$3.28B
| $1.09M | ﹤0.01% |
12,450
+3,396
| +38% | +$273K |
|
|
BLE
3095
DELISTED
BlackRock Municipal Income Trust II
BLE
| $1.09M | ﹤0.01% |
100,333
-8,345
| -8% | -$89.5K |
|
3096
Goldman Sachs BDC
GSBD
$996M
| $1.09M | ﹤0.01% |
72,672
-4,112
| -5% | -$62.2K |
|
3097
Fidelity International High Dividend ETF
FIDI
$361M
| $1.09M | ﹤0.01% |
52,049
-406
| -0.8% | -$8.32K |
|
3098
Fabrinet
FN
$19B
| $1.09M | ﹤0.01% |
5,759
-2,826
| -33% | -$567K |
|
|
FUND
3099
Sprott Focus Trust
FUND
$306M
| $1.09M | ﹤0.01% |
135,294
-36,905
| -21% | -$285K |
|
3100
ProShares Pet Care ETF
PAWZ
$33.8M
| $1.09M | ﹤0.01% |
21,837
-3,792
| -15% | -$192K |
|
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.