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 | |
|---|---|---|---|---|---|---|
351
JPMorgan Active Growth ETF
JGRO
$9.37B
| $90.3M | 0.05% |
1,286,382
+346,056
| +37% | +$22.9M |
|
352
Schwab International Equity ETF
SCHF
$66.6B
| $90M | 0.05% |
4,615,426
+69,356
| +2% | +$1.3M |
|
353
US Bancorp
USB
$98.2B
| $90M | 0.05% |
2,013,179
+68,918
| +4% | +$2.91M |
|
354
Realty Income
O
$59.6B
| $89.8M | 0.05% |
1,658,991
+282,330
| +21% | +$15.3M |
|
355
Emerson Electric
EMR
$83.9B
| $89.5M | 0.05% |
788,846
+26,876
| +4% | +$2.76M |
|
356
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.07B
| $89.4M | 0.05% |
1,768,331
+278,457
| +19% | +$14.1M |
|
357
Texas Instruments
TXN
$252B
| $88.2M | 0.05% |
506,364
+19,837
| +4% | +$3.31M |
|
358
WisdomTree US MidCap Dividend Fund
DON
$4.03B
| $88.1M | 0.05% |
1,807,265
+44,782
| +3% | +$2.05M |
|
359
iShares Short Maturity Bond ETF
NEAR
$4.83B
| $87.7M | 0.05% |
1,738,169
+540,295
| +45% | +$27.3M |
|
360
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
| $87.2M | 0.05% |
803,811
+153,060
| +24% | +$15.3M |
|
361
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.9B
| $87.2M | 0.05% |
2,083,903
+596,110
| +40% | +$24.3M |
|
362
Fidelity Total Bond ETF
FBND
$26.9B
| $86.9M | 0.05% |
1,918,664
+452,231
| +31% | +$20.5M |
|
363
Applied Materials
AMAT
$403B
| $86.3M | 0.05% |
418,557
+6,427
| +2% | +$1.18M |
|
364
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.66B
| $86.2M | 0.05% |
4,485,520
+1,326,464
| +42% | +$25.5M |
|
365
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.34B
| $85.9M | 0.05% |
1,933,602
+82,903
| +4% | +$3.53M |
|
366
Invesco S&P SmallCap Value with Momentum ETF
XSVM
$674M
| $85.7M | 0.05% |
1,505,460
+49,366
| +3% | +$2.64M |
|
367
FT Vest Fund of Deep Buffer ETFs
BUFD
$1.94B
| $85.4M | 0.05% |
3,620,259
+247,144
| +7% | +$5.72M |
|
368
Cummins
CMI
$87.5B
| $85.3M | 0.05% |
289,465
+16,849
| +6% | +$4.34M |
|
369
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $85.1M | 0.05% |
1,094,805
-59,136
| -5% | -$4.57M |
|
370
TJX Companies
TJX
$174B
| $85.1M | 0.05% |
839,066
+150,740
| +22% | +$14.6M |
|
371
iShares Biotechnology ETF
IBB
$9.34B
| $85M | 0.05% |
619,564
+149,818
| +32% | +$20.5M |
|
372
Pacer Trendpilot 100 ETF
PTNQ
$1.2B
| $84.9M | 0.05% |
1,235,463
-79,692
| -6% | -$5.35M |
|
373
Stryker
SYK
$125B
| $84.5M | 0.05% |
236,124
+4,847
| +2% | +$1.63M |
|
374
Columbia Research Enhanced Core ETF
RECS
$5.85B
| $84.4M | 0.05% |
2,724,815
+1,714,066
| +170% | +$50.1M |
|
375
State Street SPDR Portfolio Corporate Bond ETF
SPBO
$2.09B
| $83.6M | 0.04% |
2,872,986
-2,598
| -0.1% | -$75.4K |
|
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.