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 | |
|---|---|---|---|---|---|---|
3976
Digi International
DGII
$2.65B
| $398K | ﹤0.01% |
12,461
-2,374
| -16% | -$66.3K |
|
3977
Resources Connection
RGP
$153M
| $398K | ﹤0.01% |
30,212
+5,819
| +24% | +$77.7K |
|
3978
Scorpio Tankers
STNG
$3.89B
| $397K | ﹤0.01% |
5,552
+1,481
| +36% | +$100K |
|
3979
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $397K | ﹤0.01% |
3,981
-12,378
| -76% | -$1.24M |
|
|
MAV
3980
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
| $397K | ﹤0.01% |
48,679
+1,384
| +3% | +$11.2K |
|
3981
Materion
MTRN
$4.45B
| $396K | ﹤0.01% |
3,008
+229
| +8% | +$29K |
|
3982
CALL
UnitedHealth
UNH
$377B
| $396K | ﹤0.01% |
+8
| New | +$4.07K |
|
|
MQT
3983
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $394K | ﹤0.01% |
37,483
+1
| +0% | +$10 |
|
3984
Calix
CALX
$2.35B
| $393K | ﹤0.01% |
11,846
+363
| +3% | +$13.5K |
|
3985
J&J Snack Foods
JJSF
$1.48B
| $392K | ﹤0.01% |
2,714
+384
| +16% | +$58K |
|
3986
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.15B
| $392K | ﹤0.01% |
11,113
+1,010
| +10% | +$33.8K |
|
|
FSFG
3987
DELISTED
First Savings Financial Group
FSFG
| $390K | ﹤0.01% |
23,311
+206
| +0.9% | +$3.51K |
|
|
ULTR
3988
DELISTED
IQ Ultra Short Duration ETF
ULTR
| $390K | ﹤0.01% |
8,119
+14
| +0.2% | +$672 |
|
3989
Ascendis Pharma A/S
ASND
$16B
| $390K | ﹤0.01% |
2,578
-276
| -10% | -$39.4K |
|
3990
CNO Financial Group
CNO
$5.16B
| $389K | ﹤0.01% |
14,170
-993
| -7% | -$26.8K |
|
3991
Business First Bancshares
BFST
$1.04B
| $389K | ﹤0.01% |
17,471
-6,731
| -28% | -$151K |
|
3992
Danaos Corp
DAC
$2.59B
| $389K | ﹤0.01% |
5,390
+1,193
| +28% | +$88K |
|
|
ITI
3993
DELISTED
Iteris, Inc.
ITI
| $388K | ﹤0.01% |
78,466
+6,350
| +9% | +$31.4K |
|
3994
908 Devices
MASS
$345M
| $387K | ﹤0.01% |
51,207
-1,249
| -2% | -$9.26K |
|
3995
Lindsay Corp
LNN
$1.15B
| $386K | ﹤0.01% |
3,281
+59
| +2% | +$7.33K |
|
3996
Stantec
STN
$8.17B
| $386K | ﹤0.01% |
4,648
-483
| -9% | -$39.7K |
|
3997
Goldman Sachs ActiveBeta Japan Equity ETF
GSJY
$84.5M
| $386K | ﹤0.01% |
9,843
+185
| +2% | +$6.89K |
|
3998
Addus HomeCare
ADUS
$2.18B
| $386K | ﹤0.01% |
3,731
+26
| +0.7% | +$2.43K |
|
|
BRSL
3999
Brightstar Lottery PLC
BRSL
$1.86B
| $385K | ﹤0.01% |
17,057
-443
| -3% | -$11.1K |
|
4000
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.55B
| $384K | ﹤0.01% |
15,972
+2,441
| +18% | +$57.2K |
|
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.