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 | |
|---|---|---|---|---|---|---|
|
ABOT
3101
Abacus FCF Innovation Leaders ETF
ABOT
$4.2M
| $1.09M | ﹤0.01% |
35,685
| – | – |
|
3102
WaFd
WAFD
$2.79B
| $1.09M | ﹤0.01% |
37,465
+3,066
| +9% | +$88.3K |
|
3103
iShares ESG Screened S&P Mid-Cap ETF
XJH
$429M
| $1.09M | ﹤0.01% |
26,450
-18,777
| -42% | -$722K |
|
3104
AdvisorShares Insider Advantage ETF
SURE
$58.2M
| $1.08M | ﹤0.01% |
9,246
-157
| -2% | -$17K |
|
3105
Davis Select International ETF
DINT
$293M
| $1.08M | ﹤0.01% |
56,016
+11,936
| +27% | +$217K |
|
3106
First Financial Bancorp
FFBC
$3.61B
| $1.08M | ﹤0.01% |
48,094
+5,783
| +14% | +$129K |
|
3107
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$719M
| $1.08M | ﹤0.01% |
19,394
-21,865
| -53% | -$1.21M |
|
|
LAR
3108
Lithium Argentina AG
LAR
$1.05B
| $1.08M | ﹤0.01% |
199,802
+29,934
| +18% | +$145K |
|
3109
MillerKnoll
MLKN
$1.65B
| $1.08M | ﹤0.01% |
43,491
+6,230
| +17% | +$175K |
|
3110
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $1.08M | ﹤0.01% |
50,301
+28,902
| +135% | +$589K |
|
3111
Alpha Architect 1-3 Month Box ETF
BOXX
$13.2B
| $1.08M | ﹤0.01% |
+10,103
| New | +$1.07M |
|
|
PEO
3112
Adams Natural Resources Fund
PEO
$722M
| $1.08M | ﹤0.01% |
48,477
+26,876
| +124% | +$549K |
|
3113
Hagerty
HGTY
$1.39B
| $1.07M | ﹤0.01% |
117,131
+9,000
| +8% | +$75.4K |
|
3114
Primoris Services
PRIM
$4.62B
| $1.07M | ﹤0.01% |
25,174
-331
| -1% | -$12.2K |
|
3115
Penske Automotive Group
PAG
$14.2B
| $1.07M | ﹤0.01% |
6,606
-794
| -11% | -$121K |
|
3116
Consolidated Water Co
CWCO
$475M
| $1.07M | ﹤0.01% |
36,503
+18,910
| +107% | +$581K |
|
3117
Avis
CAR
$4.94B
| $1.07M | ﹤0.01% |
8,734
+1,776
| +26% | +$245K |
|
3118
Brunswick
BC
$5.47B
| $1.07M | ﹤0.01% |
11,071
-515
| -4% | -$45.2K |
|
3119
Hamilton Lane
HLNE
$5.63B
| $1.07M | ﹤0.01% |
9,476
+738
| +8% | +$83.3K |
|
3120
State Street SPDR Dow Jones International Real Estate ETF
RWX
$269M
| $1.07M | ﹤0.01% |
40,909
-14,087
| -26% | -$361K |
|
3121
Amplify Travel Tech ETF
AWAY
$27.1M
| $1.07M | ﹤0.01% |
52,137
-3,813
| -7% | -$73.8K |
|
3122
Jones Lang LaSalle
JLL
$17.1B
| $1.07M | ﹤0.01% |
5,464
+136
| +3% | +$24.7K |
|
|
TBLU
3123
Tortoise Global Water ETF
TBLU
$58.9M
| $1.07M | ﹤0.01% |
22,816
-579
| -2% | -$25.6K |
|
|
AMED
3124
DELISTED
Amedisys
AMED
| $1.06M | ﹤0.01% |
11,551
-8,707
| -43% | -$816K |
|
3125
Innospec
IOSP
$2.26B
| $1.06M | ﹤0.01% |
8,249
+3,086
| +60% | +$375K |
|
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.