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 | |
|---|---|---|---|---|---|---|
|
PSTL
4026
Postal Realty Trust
PSTL
$691M
| $374K | ﹤0.01% |
26,109
+4,404
| +20% | +$62.4K |
|
4027
Alamo Group
ALG
$1.98B
| $373K | ﹤0.01% |
+1,635
| New | +$342K |
|
4028
Benchmark Electronics
BHE
$2.89B
| $373K | ﹤0.01% |
12,427
+362
| +3% | +$10.4K |
|
4029
Ecopetrol
EC
$34.1B
| $372K | ﹤0.01% |
31,450
+16,621
| +112% | +$192K |
|
4030
Escalade
ESCA
$287M
| $372K | ﹤0.01% |
27,023
-757
| -3% | -$12.2K |
|
4031
Allogene Therapeutics
ALLO
$628M
| $372K | ﹤0.01% |
83,120
+7,700
| +10% | +$32.1K |
|
4032
Madison Square Garden
MSGS
$9.49B
| $371K | ﹤0.01% |
2,011
+343
| +21% | +$63.7K |
|
4033
Peloton Interactive
PTON
$2.77B
| $371K | ﹤0.01% |
86,595
+3,839
| +5% | +$19K |
|
4034
Epsilon Energy
EPSN
$169M
| $371K | ﹤0.01% |
67,480
-44,350
| -40% | -$221K |
|
4035
Winmark
WINA
$1.24B
| $371K | ﹤0.01% |
1,025
+6
| +0.6% | +$2.2K |
|
4036
AB US Large Cap Strategic Equities ETF
LRGC
$1.32B
| $371K | ﹤0.01% |
+6,108
| New | +$350K |
|
4037
iShares ESG Screened S&P Small-Cap ETF
XJR
$189M
| $370K | ﹤0.01% |
9,446
-6,999
| -43% | -$263K |
|
4038
Asure Software
ASUR
$254M
| $369K | ﹤0.01% |
47,472
-37
| -0.1% | -$332 |
|
|
ORC
4039
Orchid Island Capital
ORC
$1.31B
| $369K | ﹤0.01% |
41,357
+8,931
| +28% | +$76K |
|
|
MEGI
4040
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$792M
| $369K | ﹤0.01% |
29,360
+12,524
| +74% | +$160K |
|
4041
Gray Television
GTN
$428M
| $368K | ﹤0.01% |
58,298
-2,389
| -4% | -$18.3K |
|
4042
Scholar Rock
SRRK
$5.61B
| $368K | ﹤0.01% |
+20,729
| New | +$326K |
|
4043
Diamondrock Hospitality Co
DRH
$2.77B
| $368K | ﹤0.01% |
38,260
+5,065
| +15% | +$47.4K |
|
|
ABLG
4044
Abacus FCF International Leaders ETF
ABLG
$16.1M
| $367K | ﹤0.01% |
12,272
-365
| -3% | -$10.7K |
|
4045
VanEck Social Sentiment ETF
BUZZ
$95.1M
| $366K | ﹤0.01% |
17,080
-1,661
| -9% | -$32.3K |
|
4046
Navient
NAVI
$824M
| $366K | ﹤0.01% |
21,047
-394
| -2% | -$6.64K |
|
4047
PUT
Universal Insurance Holdings
UVE
$1.23B
| $366K | ﹤0.01% |
180
-11,120
| -98% | -$200K |
|
4048
Seadrill
SDRL
$2.69B
| $364K | ﹤0.01% |
7,246
-7,045
| -49% | -$320K |
|
|
TGI
4049
DELISTED
Triumph Group
TGI
| $364K | ﹤0.01% |
24,189
+931
| +4% | +$13.9K |
|
4050
AMERISAFE
AMSF
$562M
| $364K | ﹤0.01% |
+7,250
| New | +$360K |
|
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.