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
| 1 |
Vanguard Total Bond Market
BND
|
$279M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
$198M |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
$194M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
$135M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$123M |
Top Sells
| 1 |
Invesco QQQ Trust
QQQ
|
$315M |
| 2 |
iShares MBS ETF
MBB
|
$281M |
| 3 |
SPDR S&P MidCap 400 ETF Trust
MDY
|
$278M |
| 4 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
$112M |
| 5 |
SPDR Bloomberg High Yield Bond ETF
JNK
|
$97.4M |
Sector Composition
| 1 | Healthcare | 2.88% |
| 2 | Technology | 2.68% |
| 3 | Financials | 2.57% |
| 4 | Industrials | 2.45% |
| 5 | Consumer Staples | 2.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
iShares 20+ Year Treasury Bond ETF
TLT
$47.8B
| $239M | 0.67% | 1,808,492 +1,021,646 | +130% | +$135M |
|
27
iShares Russell 2000 ETF
IWM
$67B
| $239M | 0.66% | 2,190,302 -365,236 | -14% | -$39.8M |
|
28
Health Care Select Sector SPDR Fund
XLV
$33.9B
| $235M | 0.66% | 3,438,252 -1,012,837 | -23% | -$69.3M |
|
29
SPDR Bloomberg Barclays International Treasury Bond ETF
BWX
$1.38B
| $231M | 0.64% | 4,140,019 +290,425 | +8% | +$16.2M |
|
30
Vanguard Growth ETF
VUG
$185B
| $222M | 0.62% | 2,091,522 -820,158 | -28% | -$87M |
|
|
31
SPDR Bloomberg High Yield Bond ETF
JNK
$8.1B
| $222M | 0.62% | 6,544,912 -2,874,643 | -31% | -$97.4M |
|
32
iShares Core S&P Small-Cap ETF
IJR
$85.2B
| $203M | 0.56% | 1,840,263 -583,960 | -24% | -$64.4M |
|
|
33
iShares US Treasury Bond ETF
GOVT
$27.9B
| $196M | 0.55% | 7,577,094 +7,499,711 | +9,692% | +$194M |
|
34
GE Aerospace
GE
$292B
| $190M | 0.53% | 6,138,930 +290,248 | +5% | +$8.99M |
|
35
Vanguard Information Technology ETF
VGT
$99.7B
| $180M | 0.5% | 1,660,194 +61,717 | +4% | +$6.7M |
|
36
AT&T
T
$209B
| $179M | 0.5% | 4,566,978 +287,264 | +7% | +$11.3M |
|
37
Vanguard High Dividend Yield ETF
VYM
$64B
| $177M | 0.49% | 2,585,315 +180,355 | +7% | +$12.4M |
|
38
Johnson & Johnson
JNJ
$427B
| $173M | 0.48% | 1,590,237 +64,902 | +4% | +$7.07M |
|
39
Vanguard Real Estate ETF
VNQ
$34.6B
| $172M | 0.48% | 2,074,366 -163,881 | -7% | -$13.6M |
|
40
iShares Select Dividend ETF
DVY
$20.8B
| $160M | 0.44% | 1,983,358 +153,732 | +8% | +$12.4M |
|
41
iShares 7-10 Year Treasury Bond ETF
IEF
$35.7B
| $155M | 0.43% | 1,398,750 +459,849 | +49% | +$50.9M |
|
42
Energy Select Sector SPDR Fund
XLE
$27.6B
| $154M | 0.43% | 2,564,668 +425,212 | +20% | +$25.6M |
|
43
Procter & Gamble
PG
$368B
| $148M | 0.41% | 1,774,498 +60,042 | +4% | +$4.99M |
|
44
Invesco S&P 500 Low Volatility ETF
SPLV
$8B
| $147M | 0.41% | 3,678,599 +429,811 | +13% | +$17.2M |
|
45
Vanguard Small-Cap ETF
VB
$66.4B
| $147M | 0.41% | 1,339,101 -94,861 | -7% | -$10.4M |
|
46
iShares Russell Mid-Cap ETF
IWR
$44.4B
| $146M | 0.41% | 909,974 -31,585 | -3% | -$5.08M |
|
47
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$21.6B
| $146M | 0.41% | 1,387,090 +23,825 | +2% | +$2.51M |
|
48
Verizon
VZ
$186B
| $145M | 0.4% | 2,683,668 +84,351 | +3% | +$4.56M |
|
49
iShares Gold Trust
IAU
$50.6B
| $144M | 0.4% | 12,091,128 +9,724,792 | +411% | +$116M |
|
50
iShares S&P 500 Value ETF
IVE
$41.2B
| $144M | 0.4% | 1,614,259 -52,982 | -3% | -$4.71M |
|