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 | |
|---|---|---|---|---|---|---|
3251
Dream Finders Homes
DFH
$1.18B
| $925K | ﹤0.01% |
21,148
+13,321
| +170% | +$469K |
|
3252
Nuveen Credit Strategies Income Fund
JQC
$707M
| $924K | ﹤0.01% |
165,813
+14,749
| +10% | +$79.9K |
|
|
KREF
3253
KKR Real Estate Finance Trust
KREF
$465M
| $923K | ﹤0.01% |
91,756
-10,686
| -10% | -$117K |
|
3254
Shutterstock
SSTK
$221M
| $922K | ﹤0.01% |
20,118
+10,065
| +100% | +$480K |
|
3255
Acco Brands
ACCO
$399M
| $922K | ﹤0.01% |
164,261
-1,378
| -0.8% | -$8.2K |
|
3256
FT Vest US Equity Moderate Buffer ETF November
GNOV
$297M
| $920K | ﹤0.01% |
+27,920
| New | +$902K |
|
3257
WesBanco
WSBC
$4.01B
| $919K | ﹤0.01% |
30,823
-770
| -2% | -$22.5K |
|
3258
SP Funds S&P 500 Sharia ETF
SPUS
$2.98B
| $919K | ﹤0.01% |
24,262
+6,658
| +38% | +$240K |
|
3259
Franklin FTSE Mexico ETF
FLMX
$86.2M
| $919K | ﹤0.01% |
27,004
+8,394
| +45% | +$273K |
|
3260
RenaissanceRe
RNR
$13.4B
| $919K | ﹤0.01% |
3,908
+1,193
| +44% | +$265K |
|
|
PHT
3261
DELISTED
Pioneer High Income Fund
PHT
| $917K | ﹤0.01% |
119,732
+895
| +0.8% | +$6.61K |
|
|
HIBB
3262
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $917K | ﹤0.01% |
11,938
+2,031
| +21% | +$146K |
|
3263
Tidewater
TDW
$3.55B
| $917K | ﹤0.01% |
9,966
+4,058
| +69% | +$303K |
|
3264
National Bankshares
NKSH
$262M
| $916K | ﹤0.01% |
27,429
+2,026
| +8% | +$65.2K |
|
3265
Madrigal Pharmaceuticals
MDGL
$11.1B
| $916K | ﹤0.01% |
3,429
-143
| -4% | -$33.7K |
|
|
BLCN
3266
DELISTED
Siren ETF Trust Siren NexGen Economy ETF
BLCN
| $915K | ﹤0.01% |
32,430
-3,512
| -10% | -$87.8K |
|
|
DX
3267
Dynex Capital
DX
$3.15B
| $915K | ﹤0.01% |
73,482
+11,804
| +19% | +$146K |
|
|
EFC
3268
Ellington Financial
EFC
$1.67B
| $914K | ﹤0.01% |
77,434
+66,196
| +589% | +$796K |
|
3269
Universal Corp
UVV
$1.3B
| $914K | ﹤0.01% |
17,681
-722
| -4% | -$39.3K |
|
3270
Fomento Económico Mexicano
FMX
$42.8B
| $913K | ﹤0.01% |
7,012
+2,000
| +40% | +$261K |
|
|
STEW
3271
SRH Total Return Fund
STEW
$1.8B
| $911K | ﹤0.01% |
60,469
-910
| -1% | -$13.1K |
|
|
BPMC
3272
DELISTED
Blueprint Medicines
BPMC
| $909K | ﹤0.01% |
9,586
+216
| +2% | +$18.5K |
|
3273
Brixmor Property Group
BRX
$9.68B
| $908K | ﹤0.01% |
38,732
+22,890
| +144% | +$519K |
|
3274
Invesco Bond Fund
VBF
$168M
| $908K | ﹤0.01% |
58,012
-1,346
| -2% | -$21.1K |
|
3275
Invesco Next Gen Media and Gaming ETF
GGME
$45.9M
| $907K | ﹤0.01% |
20,740
-45,924
| -69% | -$1.91M |
|
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.