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 | |
|---|---|---|---|---|---|---|
3301
Worthington Enterprises
WOR
$2.89B
| $883K | ﹤0.01% |
14,191
-124
| -0.9% | -$7.38K |
|
3302
Stratasys
SSYS
$764M
| $883K | ﹤0.01% |
75,948
+2,128
| +3% | +$27.3K |
|
3303
Patrick Industries
PATK
$2.88B
| $882K | ﹤0.01% |
11,070
+834
| +8% | +$59.8K |
|
|
BRW
3304
Saba Capital Income & Opportunities Fund
BRW
$339M
| $881K | ﹤0.01% |
120,901
+4,520
| +4% | +$33.4K |
|
3305
Avista
AVA
$3.28B
| $880K | ﹤0.01% |
25,127
+5,603
| +29% | +$191K |
|
3306
Flowserve
FLS
$10.2B
| $880K | ﹤0.01% |
19,255
+4,995
| +35% | +$210K |
|
3307
Royalty Pharma
RPRX
$25.5B
| $876K | ﹤0.01% |
28,851
+8,327
| +41% | +$245K |
|
3308
Victory Capital Holdings
VCTR
$6.42B
| $874K | ﹤0.01% |
20,603
+432
| +2% | +$15.9K |
|
|
PCH
3309
DELISTED
PotlatchDeltic
PCH
| $874K | ﹤0.01% |
18,585
-2,883
| -13% | -$133K |
|
3310
AllianzIM U.S. Equity Buffer20 Jan ETF
JANW
$350M
| $874K | ﹤0.01% |
27,789
+11,181
| +67% | +$345K |
|
3311
Marriott Vacations Worldwide
VAC
$3.39B
| $873K | ﹤0.01% |
8,100
+636
| +9% | +$57.4K |
|
3312
PROG Holdings
PRG
$1.83B
| $870K | ﹤0.01% |
25,253
-441
| -2% | -$13.9K |
|
3313
Accel Entertainment
ACEL
$990M
| $868K | ﹤0.01% |
73,657
| – | – |
|
3314
Avient
AVNT
$3.5B
| $868K | ﹤0.01% |
20,006
-95
| -0.5% | -$3.7K |
|
|
WBA
3315
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $868K | ﹤0.01% |
400
-23,200
| -98% | -$515K |
|
3316
United States Brent Oil Fund
BNO
$702M
| $867K | ﹤0.01% |
+27,167
| New | +$799K |
|
3317
FT Vest US Equity Moderate Buffer ETF February
GFEB
$382M
| $867K | ﹤0.01% |
+25,170
| New | +$847K |
|
3318
iShares ESG Advanced High Yield Corporate Bond ETF
HYXF
$195M
| $867K | ﹤0.01% |
18,970
+5,479
| +41% | +$249K |
|
3319
Innovator US Equity Ultra Buffer ETF April
UAPR
$158M
| $866K | ﹤0.01% |
30,756
+13,174
| +75% | +$367K |
|
3320
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$457M
| $862K | ﹤0.01% |
+36,941
| New | +$858K |
|
3321
Ambev
ABEV
$47B
| $860K | ﹤0.01% |
346,729
+225,099
| +185% | +$586K |
|
3322
Bread Financial
BFH
$4.54B
| $858K | ﹤0.01% |
23,046
+14,128
| +158% | +$501K |
|
|
LSST
3323
DELISTED
Natixis Loomis Sayles Short Duration Income ETF
LSST
| $857K | ﹤0.01% |
35,855
-4,795
| -12% | -$115K |
|
3324
Tilray
TLRY
$632M
| $856K | ﹤0.01% |
34,660
+968
| +3% | +$18.7K |
|
3325
Valvoline
VVV
$5.01B
| $855K | ﹤0.01% |
19,182
+2,451
| +15% | +$97.7K |
|
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.