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 | |
|---|---|---|---|---|---|---|
3426
Principal Exchange-Traded Funds Principal Value ETF
PY
$239M
| $762K | ﹤0.01% |
16,253
+2,594
| +19% | +$115K |
|
|
LAND
3427
Gladstone Land Corp
LAND
$352M
| $759K | ﹤0.01% |
56,910
-3,922
| -6% | -$52.9K |
|
3428
American Financial Group
AFG
$11.7B
| $758K | ﹤0.01% |
5,553
+60
| +1% | +$7.47K |
|
3429
Vanguard Total World Bond ETF
BNDW
$1.89B
| $755K | ﹤0.01% |
11,011
+2,893
| +36% | +$198K |
|
3430
Nuveen ESG Large-Cap ETF
NULC
$72.6M
| $755K | ﹤0.01% |
17,485
+3,936
| +29% | +$160K |
|
3431
Terreno Realty
TRNO
$7.44B
| $754K | ﹤0.01% |
11,362
+3,581
| +46% | +$225K |
|
3432
NextNav
NN
$1.9B
| $754K | ﹤0.01% |
114,650
+30,900
| +37% | +$138K |
|
3433
Healthcare Services Group
HCSG
$1.59B
| $753K | ﹤0.01% |
60,312
+45,392
| +304% | +$503K |
|
3434
Vipshop
VIPS
$7.49B
| $752K | ﹤0.01% |
45,444
-7,212
| -14% | -$121K |
|
3435
AllianzIM U.S. Equity Buffer10 Feb ETF
FEBT
$162M
| $752K | ﹤0.01% |
+24,333
| New | +$727K |
|
3436
Wayfair
W
$15.3B
| $752K | ﹤0.01% |
11,078
+5,293
| +91% | +$299K |
|
3437
USA Compression Partners
USAC
$3.82B
| $751K | ﹤0.01% |
28,177
+12,449
| +79% | +$317K |
|
|
GOGL
3438
DELISTED
Golden Ocean Group
GOGL
| $751K | ﹤0.01% |
57,933
-16,073
| -22% | -$185K |
|
3439
Barrett Business Services
BBSI
$984M
| $750K | ﹤0.01% |
23,672
-328
| -1% | -$9.52K |
|
|
KW
3440
DELISTED
Kennedy-Wilson Holdings
KW
| $750K | ﹤0.01% |
87,378
+1,535
| +2% | +$15.1K |
|
|
NLOP
3441
Net Lease Office Properties
NLOP
$177M
| $745K | ﹤0.01% |
31,297
-9,233
| -23% | -$218K |
|
3442
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.7M
| $742K | ﹤0.01% |
16,302
-36,295
| -69% | -$1.65M |
|
3443
Hanover Insurance
THG
$7.94B
| $742K | ﹤0.01% |
5,449
-403
| -7% | -$52.3K |
|
|
AWP
3444
abrdn Global Premier Properties Fund
AWP
$369M
| $738K | ﹤0.01% |
62,150
-7,977
| -11% | -$90.1K |
|
3445
Innovator US Equity Buffer ETF February
BFEB
$258M
| $737K | ﹤0.01% |
18,769
+12,723
| +210% | +$484K |
|
3446
BNY Mellon High Yield Beta ETF
BKHY
$161M
| $736K | ﹤0.01% |
15,438
-34,910
| -69% | -$1.65M |
|
3447
Franklin FTSE Europe ETF
FLEE
$120M
| $736K | ﹤0.01% |
24,738
-1,193
| -5% | -$33.9K |
|
3448
ROBO Global Healthcare Technology and Innovation ETF
HTEC
$71M
| $733K | ﹤0.01% |
25,802
+3,102
| +14% | +$86.5K |
|
3449
Park Hotels & Resorts
PK
$3.02B
| $733K | ﹤0.01% |
41,900
+3,535
| +9% | +$57.3K |
|
3450
Bausch Health
BHC
$2.41B
| $731K | ﹤0.01% |
68,932
+297
| +0.4% | +$2.6K |
|
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.