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 | |
|---|---|---|---|---|---|---|
3951
American Outdoor Brands
AOUT
$160M
| $406K | ﹤0.01% |
46,189
-448
| -1% | -$3.87K |
|
3952
Roivant Sciences
ROIV
$24B
| $406K | ﹤0.01% |
38,540
+18,550
| +93% | +$200K |
|
3953
JPMorgan Realty Income ETF
JPRE
$488M
| $406K | ﹤0.01% |
9,258
+785
| +9% | +$34.3K |
|
3954
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$402M
| $406K | ﹤0.01% |
13,022
+3,540
| +37% | +$104K |
|
3955
Fluence Energy
FLNC
$1.93B
| $406K | ﹤0.01% |
23,399
+6,678
| +40% | +$122K |
|
3956
Credicorp
BAP
$31.4B
| $405K | ﹤0.01% |
2,390
+213
| +10% | +$34.3K |
|
3957
Encore Capital Group
ECPG
$2.08B
| $405K | ﹤0.01% |
8,873
+1,289
| +17% | +$63.5K |
|
3958
Bain Capital Specialty
BCSF
$821M
| $404K | ﹤0.01% |
25,776
+10,109
| +65% | +$156K |
|
3959
Credit Acceptance
CACC
$6.03B
| $404K | ﹤0.01% |
732
+154
| +27% | +$84.5K |
|
3960
Horizon Bancorp
HBNC
$1.06B
| $404K | ﹤0.01% |
31,465
+653
| +2% | +$8.33K |
|
3961
Li Auto
LI
$12.9B
| $403K | ﹤0.01% |
13,312
-310
| -2% | -$10.3K |
|
3962
1st Source
SRCE
$2.18B
| $403K | ﹤0.01% |
7,682
-92
| -1% | -$4.71K |
|
3963
RLJ Lodging Trust
RLJ
$1.88B
| $403K | ﹤0.01% |
34,068
-493
| -1% | -$5.8K |
|
3964
Innovator Laddered Allocation Buffer ETF
BUFB
$322M
| $402K | ﹤0.01% |
+13,691
| New | +$392K |
|
3965
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$568M
| $401K | ﹤0.01% |
5,346
-33
| -0.6% | -$2.35K |
|
3966
Nuveen Municipal Credit Opportunities Fund
NMCO
$580M
| $401K | ﹤0.01% |
37,928
+10,845
| +40% | +$112K |
|
3967
Hanover Bancorp
HNVR
$189M
| $401K | ﹤0.01% |
27,050
+250
| +0.9% | +$4.24K |
|
|
PFD
3968
Flaherty & Crumrine Preferred and Income Fund
PFD
$146M
| $401K | ﹤0.01% |
37,749
-1,688
| -4% | -$17.3K |
|
3969
Innovator Defined Wealth Shield ETF
BALT
$2.76B
| $401K | ﹤0.01% |
13,688
+2,698
| +25% | +$78K |
|
3970
Asana
ASAN
$1.97B
| $400K | ﹤0.01% |
25,824
+4,046
| +19% | +$72.4K |
|
3971
AllianzIM U.S. Equity Buffer20 Nov ETF
NVBW
$95.4M
| $400K | ﹤0.01% |
13,669
-1,648
| -11% | -$47.5K |
|
3972
UMB Financial
UMBF
$11.2B
| $400K | ﹤0.01% |
4,595
+390
| +9% | +$31.7K |
|
|
DOCT
3973
FT Vest US Equity Deep Buffer ETF October
DOCT
$387M
| $400K | ﹤0.01% |
10,624
+799
| +8% | +$29.6K |
|
3974
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF
SIXO
$123M
| $399K | ﹤0.01% |
13,500
-6,500
| -33% | -$190K |
|
3975
Beam Global
BEEM
$24.2M
| $399K | ﹤0.01% |
58,654
-5,904
| -9% | -$40.2K |
|
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.