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 | |
|---|---|---|---|---|---|---|
4401
Sunstone Hotel Investors
SHO
$2.19B
| $229K | ﹤0.01% |
20,565
+268
| +1% | +$2.93K |
|
4402
Woori Financial
WF
$16.7B
| $229K | ﹤0.01% |
+7,056
| New | +$226K |
|
4403
Biglari Holdings Class B
BH
$1.25B
| $229K | ﹤0.01% |
1,206
-458
| -28% | -$77.3K |
|
4404
Fiverr
FVRR
$321M
| $229K | ﹤0.01% |
10,852
+1,721
| +19% | +$43.1K |
|
|
CTRA
4405
PUT
DELISTED
Coterra Energy
CTRA
| $229K | ﹤0.01% |
82
-66,218
| -100% | -$1.7M |
|
4406
BRC Group Holdings
RILY
$288M
| $229K | ﹤0.01% |
+10,794
| New | +$217K |
|
4407
AllianzIM U.S. Equity Buffer10 Sep ETF
SEPT
$33.2M
| $228K | ﹤0.01% |
+8,134
| New | +$221K |
|
|
IRBT
4408
DELISTED
iRobot
IRBT
| $228K | ﹤0.01% |
26,074
-440
| -2% | -$7.11K |
|
4409
Ingles Markets
IMKTA
$1.71B
| $228K | ﹤0.01% |
+2,976
| New | +$238K |
|
4410
Ameris Bancorp
ABCB
$5.85B
| $228K | ﹤0.01% |
4,715
-172
| -4% | -$8.33K |
|
4411
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$901M
| $228K | ﹤0.01% |
20,950
-3,430
| -14% | -$36.9K |
|
4412
Anterix
ATEX
$1.81B
| $228K | ﹤0.01% |
6,771
-133
| -2% | -$4.47K |
|
4413
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA
$69.9M
| $227K | ﹤0.01% |
+5,238
| New | +$219K |
|
4414
Shinhan Financial Group
SHG
$32.8B
| $227K | ﹤0.01% |
+6,394
| New | +$207K |
|
4415
Lifestance Health
LFST
$4B
| $227K | ﹤0.01% |
36,745
-4,878
| -12% | -$32.9K |
|
4416
Civista Bancshares
CIVB
$604M
| $227K | ﹤0.01% |
14,737
| – | – |
|
4417
S&T Bancorp
STBA
$1.84B
| $227K | ﹤0.01% |
7,065
| – | – |
|
|
GAMB
4418
DELISTED
Gambling.com
GAMB
| $226K | ﹤0.01% |
24,795
-289
| -1% | -$2.62K |
|
|
JOYY
4419
JOYY Inc
JOYY
$3.71B
| $226K | ﹤0.01% |
7,357
-2,780
| -27% | -$88.3K |
|
|
PML
4420
PIMCO Municipal Income Fund II
PML
$485M
| $226K | ﹤0.01% |
26,602
-33,217
| -56% | -$280K |
|
4421
Cerence
CRNC
$385M
| $225K | ﹤0.01% |
14,307
+528
| +4% | +$8.93K |
|
|
CRON
4422
Cronos Group
CRON
$1.06B
| $225K | ﹤0.01% |
86,328
+3,226
| +4% | +$6.92K |
|
4423
Middlesex Water
MSEX
$1.08B
| $224K | ﹤0.01% |
4,273
-1,678
| -28% | -$92.8K |
|
4424
VanEck Israel ETF
ISRA
$152M
| $224K | ﹤0.01% |
+5,970
| New | +$214K |
|
4425
Genworth Financial
GNW
$3.76B
| $224K | ﹤0.01% |
34,827
-24,958
| -42% | -$156K |
|
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.