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 | |
|---|---|---|---|---|---|---|
3601
Opendoor
OPEN
$3.8B
| $615K | ﹤0.01% |
209,632
+64,701
| +45% | +$202K |
|
3602
Cactus
WHD
$5.12B
| $615K | ﹤0.01% |
12,268
+2,001
| +19% | +$88.6K |
|
3603
Avantis International Large Cap Value ETF
AVIV
$2.01B
| $614K | ﹤0.01% |
11,356
+4,663
| +70% | +$240K |
|
|
BNY
3604
DELISTED
BlackRock New York Municipal Income Trust
BNY
| $614K | ﹤0.01% |
57,934
-914
| -2% | -$9.64K |
|
3605
Cheesecake Factory
CAKE
$5.21B
| $613K | ﹤0.01% |
16,959
+5,730
| +51% | +$199K |
|
3606
Alarm.com
ALRM
$2.75B
| $613K | ﹤0.01% |
8,455
+712
| +9% | +$48.4K |
|
3607
NorthWestern Energy
NWE
$4.24B
| $612K | ﹤0.01% |
12,022
+1,684
| +16% | +$82.1K |
|
|
IBTX
3608
DELISTED
Independent Bank Group, Inc.
IBTX
| $611K | ﹤0.01% |
13,382
+65
| +0.5% | +$3.03K |
|
3609
Commault Systems
CVLT
$5.18B
| $610K | ﹤0.01% |
6,016
-2,796
| -32% | -$253K |
|
|
SPMV
3610
DELISTED
Invesco S&P 500 Minimum Variance ETF
SPMV
| $610K | ﹤0.01% |
14,259
-5,220
| -27% | -$214K |
|
3611
Innovator US Equity Ultra Buffer ETF June
UJUN
$187M
| $607K | ﹤0.01% |
19,582
-928
| -5% | -$28.4K |
|
3612
FT Vest US Equity Moderate Buffer ETF October
GOCT
$265M
| $607K | ﹤0.01% |
+18,164
| New | +$598K |
|
|
CDMO
3613
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $606K | ﹤0.01% |
90,423
-35,768
| -28% | -$246K |
|
|
LOMA
3614
Loma Negra
LOMA
$1.33B
| $606K | ﹤0.01% |
90,679
-3,800
| -4% | -$25.7K |
|
|
AIOT
3615
PowerFleet Inc
AIOT
$548M
| $606K | ﹤0.01% |
113,415
-4,694
| -4% | -$15.9K |
|
3616
Spectrum Brands
SPB
$2.04B
| $605K | ﹤0.01% |
6,792
+154
| +2% | +$12.6K |
|
3617
UFP Technologies
UFPT
$2.07B
| $603K | ﹤0.01% |
2,391
-13
| -0.5% | -$2.47K |
|
3618
Omnicell
OMCL
$1.71B
| $603K | ﹤0.01% |
20,624
-15,755
| -43% | -$478K |
|
3619
Melco Resorts & Entertainment
MLCO
$2.17B
| $602K | ﹤0.01% |
83,554
-14,729
| -15% | -$118K |
|
3620
Nano X Imaging
NNOX
$76.6M
| $602K | ﹤0.01% |
61,584
+28,444
| +86% | +$228K |
|
|
NAPA
3621
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $602K | ﹤0.01% |
+64,614
| New | +$592K |
|
3622
Ambarella
AMBA
$3.63B
| $601K | ﹤0.01% |
11,838
+267
| +2% | +$14.6K |
|
3623
Tencent Music
TME
$15.6B
| $601K | ﹤0.01% |
53,673
-3,323
| -6% | -$32.6K |
|
3624
PUT
Verizon
VZ
$197B
| $600K | ﹤0.01% |
143
-21,557
| -99% | -$870K |
|
|
OSG
3625
Octave Specialty Group
OSG
$255M
| $599K | ﹤0.01% |
38,350
-19,648
| -34% | -$310K |
|
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.