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 | |
|---|---|---|---|---|---|---|
3451
Gerdau
GGB
$10B
| $729K | ﹤0.01% |
197,994
-62,177
| -24% | -$225K |
|
3452
Western Union
WU
$2.28B
| $727K | ﹤0.01% |
52,003
-1,462
| -3% | -$18.8K |
|
3453
Metallus
MTUS
$897M
| $726K | ﹤0.01% |
32,638
+3,240
| +11% | +$67.5K |
|
|
ISD
3454
PGIM High Yield Bond Fund
ISD
$419M
| $726K | ﹤0.01% |
55,894
+4,286
| +8% | +$54.7K |
|
3455
Dropbox
DBX
$8.05B
| $723K | ﹤0.01% |
29,760
+980
| +3% | +$27.5K |
|
3456
JPMorgan Core Plus Bond ETF
JCPB
$14B
| $722K | ﹤0.01% |
15,484
+5,169
| +50% | +$240K |
|
3457
BILL Holdings
BILL
$4.84B
| $722K | ﹤0.01% |
10,502
+1,860
| +22% | +$130K |
|
3458
Brookfield Renewable
BEP
$10B
| $721K | ﹤0.01% |
31,048
+5,031
| +19% | +$122K |
|
3459
New England Realty Associates
NEN
$200M
| $721K | ﹤0.01% |
10,027
| – | – |
|
|
MAG
3460
DELISTED
MAG Silver
MAG
| $721K | ﹤0.01% |
68,129
+30,180
| +80% | +$277K |
|
3461
Albany International
AIN
$1.79B
| $721K | ﹤0.01% |
7,706
+489
| +7% | +$44.9K |
|
|
GES
3462
DELISTED
Guess Inc
GES
| $718K | ﹤0.01% |
22,812
-192
| -0.8% | -$4.73K |
|
3463
WisdomTree International MidCap Dividend Fund
DIM
$169M
| $717K | ﹤0.01% |
11,405
+1,195
| +12% | +$72.4K |
|
3464
Herc Holdings
HRI
$5.71B
| $717K | ﹤0.01% |
4,261
-442
| -9% | -$67.3K |
|
3465
Liberty Global Class C
LBTYK
$3.6B
| $717K | ﹤0.01% |
+40,629
| New | +$782K |
|
3466
Kulicke & Soffa
KLIC
$4.91B
| $716K | ﹤0.01% |
14,237
-388
| -3% | -$19.4K |
|
3467
Mesa Laboratories
MLAB
$566M
| $715K | ﹤0.01% |
6,514
+4,170
| +178% | +$420K |
|
3468
iShares MSCI Israel ETF
EIS
$902M
| $714K | ﹤0.01% |
11,201
-93
| -0.8% | -$5.63K |
|
|
SAND
3469
DELISTED
Sandstorm Gold
SAND
| $714K | ﹤0.01% |
135,935
-28,529
| -17% | -$132K |
|
3470
Cognex
CGNX
$11.9B
| $714K | ﹤0.01% |
16,821
-6,522
| -28% | -$254K |
|
3471
ProShares Online Retail ETF
ONLN
$67.3M
| $713K | ﹤0.01% |
18,143
-2,652
| -13% | -$95.6K |
|
3472
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$143M
| $713K | ﹤0.01% |
58,863
+12,937
| +28% | +$154K |
|
3473
Stride
LRN
$3.42B
| $712K | ﹤0.01% |
11,297
-423
| -4% | -$25.5K |
|
|
SWN
3474
DELISTED
Southwestern Energy Company
SWN
| $711K | ﹤0.01% |
93,858
-31,034
| -25% | -$211K |
|
|
TMHC
3475
DELISTED
Taylor Morrison
TMHC
| $710K | ﹤0.01% |
11,420
+7,154
| +168% | +$394K |
|
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.