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 | |
|---|---|---|---|---|---|---|
4051
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$79.1M
| $363K | ﹤0.01% |
5,936
+1,268
| +27% | +$75.5K |
|
4052
PUT
Capri Holdings
CPRI
$1.86B
| $362K | ﹤0.01% |
+80
| New | +$3.81K |
|
4053
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.21B
| $362K | ﹤0.01% |
55
-5,945
| -99% | -$379K |
|
4054
Goldman Sachs Innovate Equity ETF
GINN
$207M
| $362K | ﹤0.01% |
6,449
-91
| -1% | -$4.87K |
|
4055
Mercantile Bank Corp
MBWM
$1.05B
| $362K | ﹤0.01% |
9,399
+346
| +4% | +$13.2K |
|
4056
Five Star Bancorp
FSBC
$1.14B
| $360K | ﹤0.01% |
16,014
+75
| +0.5% | +$1.8K |
|
4057
Archer Aviation
ACHR
$3.65B
| $360K | ﹤0.01% |
77,973
+11,039
| +16% | +$55.4K |
|
4058
Compass Minerals
CMP
$1.2B
| $360K | ﹤0.01% |
22,875
-22,337
| -49% | -$469K |
|
|
PNNT
4059
Pennant Park Investment Corp
PNNT
$221M
| $360K | ﹤0.01% |
52,325
+7,342
| +16% | +$50.4K |
|
4060
Signet Jewelers
SIG
$3.65B
| $360K | ﹤0.01% |
3,596
+1,073
| +43% | +$107K |
|
|
HEAL
4061
Global X Funds Global X HealthTech ETF
HEAL
$29.3M
| $360K | ﹤0.01% |
12,602
-2,923
| -19% | -$83.4K |
|
4062
ADT
ADT
$5.76B
| $359K | ﹤0.01% |
53,394
+1,284
| +2% | +$8.53K |
|
4063
ProShares UltraPro QQQ
TQQQ
$34.2B
| $359K | ﹤0.01% |
11,656
-5,114
| -30% | -$145K |
|
4064
SkyWater Technology
SKYT
| $357K | ﹤0.01% |
35,131
-292
| -0.8% | -$2.88K |
|
|
SACH
4065
Sachem Capital Corp
SACH
$39.8M
| $356K | ﹤0.01% |
79,722
-37,252
| -32% | -$143K |
|
4066
BOK Financial
BOKF
$8.66B
| $356K | ﹤0.01% |
3,865
-298
| -7% | -$25.3K |
|
4067
Xencor
XNCR
$1.45B
| $355K | ﹤0.01% |
16,060
+935
| +6% | +$20.2K |
|
4068
CALL
Invesco QQQ Trust
QQQ
$467B
| $355K | ﹤0.01% |
8
-1,192
| -99% | -$511K |
|
4069
NeoGenomics
NEO
$2.09B
| $355K | ﹤0.01% |
22,593
+3,655
| +19% | +$56.4K |
|
|
FIF
4070
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $354K | ﹤0.01% |
19,520
-11,697
| -37% | -$195K |
|
|
FTF
4071
Franklin Limited Duration Income Trust
FTF
$231M
| $354K | ﹤0.01% |
56,442
+9,059
| +19% | +$57.1K |
|
4072
FT Vest International Equity Moderate Buffer ETF March
YMAR
$162M
| $354K | ﹤0.01% |
15,270
+5,545
| +57% | +$124K |
|
4073
Runway Growth Finance
RWAY
$241M
| $354K | ﹤0.01% |
29,186
-6,413
| -18% | -$82.7K |
|
4074
Fulgent Genetics
FLGT
$501M
| $353K | ﹤0.01% |
16,289
-3,612
| -18% | -$89.7K |
|
4075
Evolus
EOLS
$396M
| $353K | ﹤0.01% |
25,231
-2,345
| -9% | -$30.5K |
|
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.