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
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
$205M |
| 2 |
Invesco QQQ Trust
QQQ
|
$103M |
| 3 |
First Trust Value Line Dividend Fund
FVD
|
$91.9M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
$89.3M |
| 5 |
iShares MSCI USA Size Factor ETF
SIZE
|
$79M |
Top Sells
| 1 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
$45.2M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
$42.5M |
| 3 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
$41.9M |
| 4 |
Consumer Discretionary Select Sector SPDR Fund
XLY
|
$39.2M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
$34.3M |
Sector Composition
| 1 | Technology | 4.07% |
| 2 | Financials | 2.86% |
| 3 | Healthcare | 2.42% |
| 4 | Communication Services | 2.14% |
| 5 | Consumer Discretionary | 2.11% |