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 | |
|---|---|---|---|---|---|---|
3551
Vaalco Energy
EGY
$552M
| $657K | ﹤0.01% |
94,236
+23,480
| +33% | +$110K |
|
3552
GrowGeneration
GRWG
$88.3M
| $656K | ﹤0.01% |
229,538
+23,690
| +12% | +$54.6K |
|
3553
PUT
Bunge Global
BG
$20.4B
| $656K | ﹤0.01% |
+64
| New | +$5.99K |
|
3554
Rapid7
RPD
$708M
| $656K | ﹤0.01% |
13,376
-3,572
| -21% | -$196K |
|
3555
Arvinas
ARVN
$589M
| $656K | ﹤0.01% |
15,886
+2,612
| +20% | +$114K |
|
3556
World Kinect Corp
WKC
$2B
| $654K | ﹤0.01% |
24,716
+1,849
| +8% | +$43.9K |
|
3557
Affiliated Managers Group
AMG
$10.2B
| $652K | ﹤0.01% |
3,896
+796
| +26% | +$124K |
|
3558
Transmedics
TMDX
$2.78B
| $652K | ﹤0.01% |
8,824
-8,579
| -49% | -$707K |
|
3559
Transcat
TRNS
$853M
| $652K | ﹤0.01% |
5,851
+8
| +0.1% | +$847 |
|
3560
Fidelity Enhanced International ETF
FENI
$11.1B
| $651K | ﹤0.01% |
22,802
+1,131
| +5% | +$30.8K |
|
3561
Federal Signal
FSS
$7.88B
| $650K | ﹤0.01% |
7,665
+3,081
| +67% | +$241K |
|
3562
Target Hospitality
TH
$1.6B
| $650K | ﹤0.01% |
59,791
-4,771
| -7% | -$44.8K |
|
3563
Southwest Gas
SWX
$6.46B
| $650K | ﹤0.01% |
8,532
-1,274
| -13% | -$82.6K |
|
|
AGR
3564
DELISTED
Avangrid, Inc.
AGR
| $649K | ﹤0.01% |
17,814
+6,028
| +51% | +$197K |
|
3565
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$45.1M
| $647K | ﹤0.01% |
25,703
+13,903
| +118% | +$350K |
|
3566
CVR Partners
UAN
$1.34B
| $647K | ﹤0.01% |
8,231
-17,245
| -68% | -$1.21M |
|
3567
Distillate Small/Mid Cash Flow ETF
DSMC
$139M
| $646K | ﹤0.01% |
17,474
+6,835
| +64% | +$237K |
|
3568
Geron
GERN
$853M
| $646K | ﹤0.01% |
195,761
+74,200
| +61% | +$166K |
|
3569
ProShares Short 20+ Year Treasury ETF
TBF
$104M
| $643K | ﹤0.01% |
27,711
-40,187
| -59% | -$933K |
|
3570
Ubiquiti
UI
$34B
| $642K | ﹤0.01% |
5,545
-13,026
| -70% | -$1.6M |
|
3571
FT Vest US Equity Moderate Buffer ETF May
GMAY
$538M
| $641K | ﹤0.01% |
18,861
+7,365
| +64% | +$247K |
|
3572
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$782M
| $640K | ﹤0.01% |
15,588
-79,944
| -84% | -$3.1M |
|
|
NQP
3573
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $638K | ﹤0.01% |
53,998
+10,184
| +23% | +$119K |
|
3574
Global X Aging Population ETF
AGNG
$87.2M
| $638K | ﹤0.01% |
21,195
-555
| -3% | -$16.2K |
|
3575
Sprout Social
SPT
$525M
| $638K | ﹤0.01% |
10,684
+1,359
| +15% | +$82.6K |
|
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.