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 | |
|---|---|---|---|---|---|---|
3401
Flowers Foods
FLO
$1.55B
| $789K | ﹤0.01% |
33,226
+743
| +2% | +$16.9K |
|
3402
PUT
Apple
AAPL
$4.52T
| $789K | ﹤0.01% |
46
-21,054
| -100% | -$3.83M |
|
3403
CapForce IBD 50 ETF
FFTY
$81.8M
| $789K | ﹤0.01% |
28,538
-2,668
| -9% | -$69.7K |
|
|
RINC
3404
DELISTED
AXS Real Estate Income ETF
RINC
| $787K | ﹤0.01% |
32,733
-10,919
| -25% | -$262K |
|
|
AY
3405
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $787K | ﹤0.01% |
42,579
+4,139
| +11% | +$78K |
|
3406
Innovator US Small Cap Power Buffer ETF October
KOCT
$136M
| $787K | ﹤0.01% |
27,642
+742
| +3% | +$20.5K |
|
3407
Strategic Education
STRA
$1.89B
| $785K | ﹤0.01% |
7,539
+503
| +7% | +$49.1K |
|
3408
Perella Weinberg Partners
PWP
$1.24B
| $783K | ﹤0.01% |
+55,425
| New | +$696K |
|
|
AZEK
3409
DELISTED
The AZEK Co
AZEK
| $783K | ﹤0.01% |
15,584
+4,871
| +45% | +$212K |
|
3410
StepStone Group
STEP
$4B
| $781K | ﹤0.01% |
21,860
+427
| +2% | +$14.4K |
|
3411
Bath & Body Works
BBWI
$4.24B
| $779K | ﹤0.01% |
15,575
-7,436
| -32% | -$334K |
|
3412
PIMCO RAFI Multi-Factor International Equity ETF
MFDX
$465M
| $778K | ﹤0.01% |
+25,335
| New | +$746K |
|
|
LEO
3413
BNY Mellon Strategic Municipals
LEO
$386M
| $777K | ﹤0.01% |
127,335
+3,010
| +2% | +$18K |
|
3414
indie Semiconductor
INDI
$769M
| $776K | ﹤0.01% |
109,645
+25,573
| +30% | +$173K |
|
|
RFM
3415
RiverNorth Flexible Municipal Income Fund
RFM
$89.8M
| $776K | ﹤0.01% |
47,720
-1,716
| -3% | -$27.1K |
|
3416
News Corp Class B
NWS
$17.7B
| $775K | ﹤0.01% |
+28,642
| New | +$757K |
|
3417
Cabot Corp
CBT
$4.23B
| $774K | ﹤0.01% |
8,396
+118
| +1% | +$9.59K |
|
3418
Alpha Architect International Quantitative Momentum ETF
IMOM
$158M
| $774K | ﹤0.01% |
26,519
+3,798
| +17% | +$106K |
|
3419
Arteris
AIP
$1.48B
| $769K | ﹤0.01% |
105,053
+7,000
| +7% | +$45.1K |
|
3420
BlackRock Capital Allocation Term Trust
BCAT
$1.68B
| $769K | ﹤0.01% |
46,135
-46,142
| -50% | -$715K |
|
|
CNR
3421
Core Natural Resources Inc
CNR
$4.09B
| $768K | ﹤0.01% |
9,170
-1,034
| -10% | -$92.3K |
|
3422
DigitalBridge
DBRG
$2.93B
| $768K | ﹤0.01% |
39,832
+1,365
| +4% | +$25.7K |
|
3423
Boot Barn
BOOT
$4.94B
| $766K | ﹤0.01% |
8,046
-1,122
| -12% | -$92.7K |
|
3424
Kaiser Aluminum
KALU
$2.85B
| $763K | ﹤0.01% |
8,543
+797
| +10% | +$55.9K |
|
3425
Portillo's
PTLO
$328M
| $762K | ﹤0.01% |
53,728
+619
| +1% | +$8.59K |
|
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.