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 | |
|---|---|---|---|---|---|---|
3226
CALL
iShares Russell 2000 ETF
IWM
$83B
| $946K | ﹤0.01% |
+45
| New | +$8.98K |
|
|
DLY
3227
DoubleLine Yield Opportunities Fund
DLY
$682M
| $945K | ﹤0.01% |
59,289
+11,710
| +25% | +$180K |
|
3228
FlexShares Global Quality Real Estate Index Fund
GQRE
$424M
| $943K | ﹤0.01% |
16,604
-277
| -2% | -$15.1K |
|
3229
Ardelyx
ARDX
$1.24B
| $943K | ﹤0.01% |
129,136
+25,200
| +24% | +$216K |
|
|
NVEE
3230
DELISTED
NV5 Global
NVEE
| $943K | ﹤0.01% |
38,472
+8,872
| +30% | +$230K |
|
3231
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.39B
| $940K | ﹤0.01% |
60,467
+24,680
| +69% | +$370K |
|
|
CIM
3232
Chimera Investment
CIM
$1.06B
| $940K | ﹤0.01% |
67,946
+11,530
| +20% | +$161K |
|
3233
Iridium Communications
IRDM
$5.12B
| $940K | ﹤0.01% |
35,917
-2,286
| -6% | -$74.4K |
|
3234
TETRA Technologies
TTI
$1.15B
| $939K | ﹤0.01% |
211,907
+193,521
| +1,053% | +$804K |
|
|
DMO
3235
Western Asset Mortgage Opportunity Fund
DMO
$119M
| $938K | ﹤0.01% |
80,081
+15,038
| +23% | +$171K |
|
|
ARIS
3236
Aris Mining
ARIS
$3.04B
| $937K | ﹤0.01% |
+260,281
| New | +$807K |
|
|
SNV
3237
DELISTED
Synovus
SNV
| $936K | ﹤0.01% |
23,376
-729
| -3% | -$27.4K |
|
3238
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$753M
| $936K | ﹤0.01% |
27,154
-2,141
| -7% | -$70.4K |
|
3239
Lumentum
LITE
$66.1B
| $934K | ﹤0.01% |
19,733
+5,613
| +40% | +$285K |
|
3240
Zillow
Z
$8.04B
| $933K | ﹤0.01% |
19,127
-2,431
| -11% | -$132K |
|
3241
Viasat
VSAT
$11.9B
| $933K | ﹤0.01% |
51,553
+13,645
| +36% | +$286K |
|
3242
iShares MSCI Japan Small-Cap ETF
SCJ
$257M
| $930K | ﹤0.01% |
12,410
+5,167
| +71% | +$375K |
|
3243
Banco Bradesco
BBD
$39.4B
| $930K | ﹤0.01% |
325,326
-6,236
| -2% | -$18.6K |
|
3244
Kratos Defense & Security Solutions
KTOS
$9.73B
| $930K | ﹤0.01% |
50,594
-49,411
| -49% | -$900K |
|
3245
Agilysys
AGYS
$3.09B
| $930K | ﹤0.01% |
11,035
+1,384
| +14% | +$112K |
|
3246
CALL
Bank of America
BAC
$440B
| $929K | ﹤0.01% |
+245
| New | +$8.41K |
|
3247
Agree Realty
ADC
$9.57B
| $929K | ﹤0.01% |
16,263
+3,183
| +24% | +$186K |
|
3248
Hennessy Sustainable ETF
STNC
$94.3M
| $928K | ﹤0.01% |
+30,655
| New | +$882K |
|
3249
Rayonier
RYN
$6.48B
| $928K | ﹤0.01% |
30,760
-4,159
| -12% | -$124K |
|
|
AIVC
3250
Amplify Bloomberg AI Equal Weight ETF
AIVC
$122M
| $925K | ﹤0.01% |
19,756
-7,432
| -27% | -$325K |
|
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.