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 | |
|---|---|---|---|---|---|---|
4526
AMC Global Media
AMCX
$492M
| $186K | ﹤0.01% |
15,359
+311
| +2% | +$4.72K |
|
4527
Energy Fuels
UUUU
$2.86B
| $185K | ﹤0.01% |
29,489
+2,767
| +10% | +$18.6K |
|
|
HIE
4528
DELISTED
Miller/Howard High Income Equity Fund
HIE
| $185K | ﹤0.01% |
+16,700
| New | +$178K |
|
|
KEEL
4529
Keel Infrastructure Corp
KEEL
$2.4B
| $185K | ﹤0.01% |
82,989
-22,779
| -22% | -$59.2K |
|
4530
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$130M
| $183K | ﹤0.01% |
16,731
-112
| -0.7% | -$1.19K |
|
4531
Investcorp Credit Management BDC
ICMB
$11.1M
| $182K | ﹤0.01% |
58,378
-679
| -1% | -$2.31K |
|
|
NVRO
4532
DELISTED
NEVRO CORP.
NVRO
| $181K | ﹤0.01% |
12,523
-1,496
| -11% | -$24.7K |
|
|
VFL
4533
DELISTED
abrdn National Municipal Income Fund
VFL
| $180K | ﹤0.01% |
17,423
-1,585
| -8% | -$16.3K |
|
|
MPV
4534
Barings Participation Investors
MPV
$175M
| $180K | ﹤0.01% |
11,195
+47
| +0.4% | +$735 |
|
4535
FuboTV Inc
FUBO
$261M
| $180K | ﹤0.01% |
9,478
+1,766
| +23% | +$46.1K |
|
4536
Pitney Bowes
PBI
$2.4B
| $179K | ﹤0.01% |
41,454
-772
| -2% | -$3.18K |
|
4537
Sally Beauty Holdings
SBH
$1.43B
| $174K | ﹤0.01% |
+14,010
| New | +$175K |
|
|
CBIO
4538
Crescent Biopharma
CBIO
$537M
| $174K | ﹤0.01% |
580
+170
| +41% | +$50.8K |
|
4539
American Superconductor
AMSC
$1.42B
| $173K | ﹤0.01% |
12,819
+1,620
| +14% | +$20.1K |
|
|
NGD
4540
DELISTED
New Gold Inc
NGD
| $173K | ﹤0.01% |
101,523
-1,200
| -1% | -$1.64K |
|
|
ADAP
4541
DELISTED
Adaptimmune Therapeutics
ADAP
| $172K | ﹤0.01% |
+108,856
| New | +$131K |
|
4542
Porch Group
PRCH
$1.64B
| $171K | ﹤0.01% |
39,675
-475
| -1% | -$1.42K |
|
4543
Humacyte Inc Warrant
HUMAW
$1.55M
| $168K | ﹤0.01% |
280,599
+31,508
| +13% | +$19.6K |
|
4544
Matinas BioPharma
MTNB
$1.88M
| $166K | ﹤0.01% |
12,247
-24
| -0.2% | -$285 |
|
|
ACRE
4545
Ares Commercial Real Estate
ACRE
$236M
| $166K | ﹤0.01% |
22,265
-59,769
| -73% | -$520K |
|
4546
Aurinia Pharmaceuticals
AUPH
$1.91B
| $165K | ﹤0.01% |
33,007
-210
| -0.6% | -$1.43K |
|
4547
Invesco High Income Trust II
VLT
$64.9M
| $165K | ﹤0.01% |
15,358
+204
| +1% | +$2.15K |
|
|
DMF
4548
DELISTED
BNY Mellon Municipal Income
DMF
| $164K | ﹤0.01% |
23,955
-4,787
| -17% | -$31.7K |
|
4549
MacroGenics
MGNX
$235M
| $162K | ﹤0.01% |
+10,983
| New | +$166K |
|
4550
Village Farms International
VFF
$234M
| $161K | ﹤0.01% |
130,214
-4,540
| -3% | -$3.81K |
|
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.