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 | |
|---|---|---|---|---|---|---|
3201
Cytokinetics
CYTK
$10.7B
| $978K | ﹤0.01% |
13,947
+77
| +0.6% | +$5.96K |
|
3202
RCI Hospitality Holdings
RICK
$197M
| $977K | ﹤0.01% |
16,845
+1,625
| +11% | +$95.6K |
|
3203
USCF Midstream Energy Income Fund
UMI
$503M
| $977K | ﹤0.01% |
24,207
+3,315
| +16% | +$125K |
|
3204
Invesco Golden Dragon China ETF
PGJ
$98.7M
| $976K | ﹤0.01% |
39,727
-18,710
| -32% | -$452K |
|
3205
ProShares Ultra S&P500
SSO
$8.42B
| $976K | ﹤0.01% |
25,168
-4,942
| -16% | -$175K |
|
|
WTPI
3206
WisdomTree Equity Premium Income Fund
WTPI
$502M
| $975K | ﹤0.01% |
29,294
+16,247
| +125% | +$529K |
|
3207
Unifirst Corp
UNF
$5.22B
| $971K | ﹤0.01% |
5,598
-97
| -2% | -$16.5K |
|
3208
iShares Bitcoin Trust
IBIT
$47.3B
| $970K | ﹤0.01% |
+23,958
| New | +$747K |
|
3209
PJT Partners
PJT
$4.37B
| $969K | ﹤0.01% |
10,284
+4,539
| +79% | +$446K |
|
3210
Axalta
AXTA
$8.11B
| $967K | ﹤0.01% |
28,116
+6,338
| +29% | +$207K |
|
3211
Independent Bank
INDB
$4.09B
| $967K | ﹤0.01% |
18,580
+3,893
| +27% | +$215K |
|
3212
Invesco Next Gen Connectivity ETF
KNCT
$162M
| $966K | ﹤0.01% |
10,264
-281
| -3% | -$25.7K |
|
3213
JPMorgan Sustainable Municipal Income ETF
JMSI
$385M
| $966K | ﹤0.01% |
19,170
+909
| +5% | +$45.8K |
|
3214
HighPeak Energy
HPK
$829M
| $964K | ﹤0.01% |
61,159
-2,839
| -4% | -$42.1K |
|
|
EVRI
3215
DELISTED
Everi Holdings
EVRI
| $964K | ﹤0.01% |
95,929
-4,151
| -4% | -$43K |
|
3216
Park National Corp
PRK
$3.75B
| $962K | ﹤0.01% |
7,082
+3,735
| +112% | +$485K |
|
3217
RUM Group Inc
RUM
$1.76B
| $961K | ﹤0.01% |
118,996
+15,728
| +15% | +$102K |
|
3218
SL Green Realty
SLG
$3.91B
| $959K | ﹤0.01% |
17,395
+592
| +4% | +$28K |
|
3219
Nuveen Short-Term REIT ETF
NURE
$35.7M
| $954K | ﹤0.01% |
31,162
-1,324
| -4% | -$39.8K |
|
|
EDF
3220
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$168M
| $951K | ﹤0.01% |
175,807
+15,696
| +10% | +$73.9K |
|
|
GTLS
3221
DELISTED
Chart Industries
GTLS
| $951K | ﹤0.01% |
5,774
+2,474
| +75% | +$332K |
|
|
ALE
3222
DELISTED
Allete
ALE
| $951K | ﹤0.01% |
15,946
+5,739
| +56% | +$337K |
|
3223
Sanmina
SANM
$11.2B
| $950K | ﹤0.01% |
15,281
+8
| +0.1% | +$465 |
|
|
TPH
3224
DELISTED
Tri Pointe Homes
TPH
| $950K | ﹤0.01% |
24,576
+2,725
| +12% | +$95.5K |
|
3225
FT Vest US Equity Moderate Buffer ETF April
GAPR
$291M
| $947K | ﹤0.01% |
28,107
+2,416
| +9% | +$80.4K |
|
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.