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 | |
|---|---|---|---|---|---|---|
|
OCCI
3751
OFS Credit Co
OCCI
$73.7M
| $519K | ﹤0.01% |
72,546
-2,346
| -3% | -$16.3K |
|
3752
Fox Class A
FOXA
$24.6B
| $517K | ﹤0.01% |
16,543
-3,058
| -16% | -$92.9K |
|
|
MLNK
3753
DELISTED
MeridianLink
MLNK
| $517K | ﹤0.01% |
27,644
-5,978
| -18% | -$122K |
|
3754
CALL
Applied Materials
AMAT
$411B
| $516K | ﹤0.01% |
+25
| New | +$4.59K |
|
3755
Franklin FTSE Canada ETF
FLCA
$808M
| $515K | ﹤0.01% |
14,831
+121
| +0.8% | +$4.03K |
|
3756
CarGurus
CARG
$3.33B
| $514K | ﹤0.01% |
22,291
+8,606
| +63% | +$199K |
|
3757
FlexShares STOXX Global ESG Select Index Fund
ESGG
$111M
| $514K | ﹤0.01% |
3,154
+9
| +0.3% | +$1.4K |
|
|
MASI
3758
DELISTED
Masimo
MASI
| $513K | ﹤0.01% |
3,496
-1,047
| -23% | -$135K |
|
3759
Franklin US Equity Index ETF
USPX
$2.03B
| $511K | ﹤0.01% |
+11,146
| New | +$486K |
|
3760
Manitowoc
MTW
$514M
| $511K | ﹤0.01% |
36,106
+25,340
| +235% | +$376K |
|
|
ABXB
3761
Abacus Flexible Bond Leaders ETF
ABXB
$1.91M
| $509K | ﹤0.01% |
24,077
| – | – |
|
3762
PDS Biotechnology
PDSB
$40M
| $509K | ﹤0.01% |
128,465
-3,062
| -2% | -$15.8K |
|
|
MVF
3763
DELISTED
BlackRock MuniVest Fund
MVF
| $509K | ﹤0.01% |
72,033
+6,305
| +10% | +$44.1K |
|
|
CUK
3764
DELISTED
Carnival PLC
CUK
| $508K | ﹤0.01% |
34,473
-1,746
| -5% | -$25.8K |
|
|
FBMS
3765
DELISTED
The First Bancshares, Inc.
FBMS
| $508K | ﹤0.01% |
19,568
-13,900
| -42% | -$357K |
|
|
WNS
3766
DELISTED
WNS Holdings
WNS
| $507K | ﹤0.01% |
10,030
-23,714
| -70% | -$1.43M |
|
|
EXE
3767
PUT
Expand Energy Corp
EXE
$21.9B
| $506K | ﹤0.01% |
57
-16,543
| -100% | -$1.33M |
|
3768
Equinor
EQNR
$94.8B
| $505K | ﹤0.01% |
18,696
-4,221
| -18% | -$116K |
|
3769
LendingTree
TREE
$448M
| $504K | ﹤0.01% |
11,914
+1,201
| +11% | +$42K |
|
3770
Patterson-UTI
PTEN
$3.9B
| $503K | ﹤0.01% |
42,153
-1,524
| -3% | -$16.9K |
|
3771
Sturm, Ruger & Co
RGR
$616M
| $503K | ﹤0.01% |
10,904
-14,360
| -57% | -$635K |
|
3772
ProPetro Holding
PUMP
$1.37B
| $503K | ﹤0.01% |
62,277
-531
| -0.8% | -$4.14K |
|
3773
Televisa
TV
$1.48B
| $503K | ﹤0.01% |
157,180
+2,320
| +1% | +$7.03K |
|
3774
Vishay Intertechnology
VSH
$5.43B
| $502K | ﹤0.01% |
22,117
-1,460
| -6% | -$32.5K |
|
3775
AtriCure
ATRC
$1.97B
| $501K | ﹤0.01% |
16,470
-3,330
| -17% | -$112K |
|
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.