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 | |
|---|---|---|---|---|---|---|
3476
Huntsman Corp
HUN
$1.83B
| $709K | ﹤0.01% |
27,231
-335
| -1% | -$8.31K |
|
3477
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.52B
| $708K | ﹤0.01% |
40,790
-844
| -2% | -$14.1K |
|
3478
Erie Indemnity
ERIE
$12.8B
| $708K | ﹤0.01% |
1,763
+143
| +9% | +$52.6K |
|
3479
Under Armour Class C
UA
$2.86B
| $708K | ﹤0.01% |
99,092
+1,197
| +1% | +$9.17K |
|
3480
SEI QiM U.S. Large Cap Value Active ETF
SEIV
$1.5B
| $706K | ﹤0.01% |
+22,798
| New | +$662K |
|
|
UCB
3481
United Community Banks
UCB
$4.33B
| $706K | ﹤0.01% |
26,813
-14,348
| -35% | -$387K |
|
3482
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$347M
| $704K | ﹤0.01% |
13,719
+102
| +0.7% | +$5.14K |
|
|
BHR
3483
Braemar Hotels & Resorts
BHR
$144M
| $703K | ﹤0.01% |
351,662
+3,200
| +0.9% | +$7.07K |
|
3484
Southside Bancshares
SBSI
$976M
| $703K | ﹤0.01% |
24,053
+3,760
| +19% | +$112K |
|
3485
Utz Brands
UTZ
$1.25B
| $702K | ﹤0.01% |
38,082
-2,389
| -6% | -$42.5K |
|
|
PARAP
3486
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
| $702K | ﹤0.01% |
51,069
+15,296
| +43% | +$243K |
|
3487
Voya Financial
VOYA
$9.13B
| $701K | ﹤0.01% |
9,489
+389
| +4% | +$27.4K |
|
|
VGR
3488
DELISTED
Vector Group Ltd.
VGR
| $700K | ﹤0.01% |
63,898
-7,575
| -11% | -$82.3K |
|
3489
Denali Therapeutics
DNLI
$3.84B
| $699K | ﹤0.01% |
+34,085
| New | +$641K |
|
3490
Globalstar
GSAT
$10.8B
| $698K | ﹤0.01% |
31,675
-11,687
| -27% | -$283K |
|
|
KTF
3491
DWS Municipal Income Trust
KTF
$350M
| $696K | ﹤0.01% |
77,132
-661
| -0.8% | -$5.93K |
|
3492
SEI QiM U.S. Large Cap Momentum Active ETF
SEIM
$1.46B
| $696K | ﹤0.01% |
+21,666
| New | +$654K |
|
3493
PUT
SLB Ltd
SLB
$75.4B
| $696K | ﹤0.01% |
127
-12,173
| -99% | -$614K |
|
3494
ArcelorMittal
MT
$56.7B
| $695K | ﹤0.01% |
25,195
+1,752
| +7% | +$47.2K |
|
|
NARI
3495
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $693K | ﹤0.01% |
14,446
+1,181
| +9% | +$63.1K |
|
3496
Blackbaud
BLKB
$2.07B
| $693K | ﹤0.01% |
9,344
+699
| +8% | +$53.4K |
|
3497
ICL Group
ICL
$6.65B
| $692K | ﹤0.01% |
128,642
+2,131
| +2% | +$10.5K |
|
3498
Veracyte
VCYT
$3.73B
| $692K | ﹤0.01% |
31,226
+438
| +1% | +$10.7K |
|
3499
Univest Financial
UVSP
$1.24B
| $690K | ﹤0.01% |
33,165
+119
| +0.4% | +$2.42K |
|
3500
DXC Technology
DXC
$1.76B
| $689K | ﹤0.01% |
32,508
-4,118
| -11% | -$89.8K |
|
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.