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 | |
|---|---|---|---|---|---|---|
476
Super Micro Computer
SMCI
$18.4B
| $61.5M | 0.03% |
608,560
+201,440
| +49% | +$14.8M |
|
477
Vanguard Financials ETF
VFH
$13.5B
| $61.3M | 0.03% |
598,767
+300
| +0.1% | +$28.8K |
|
478
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.06B
| $60.9M | 0.03% |
800,623
-15,101
| -2% | -$1.11M |
|
479
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.34B
| $60.9M | 0.03% |
858,715
-40,323
| -4% | -$2.81M |
|
480
Grayscale Bitcoin Trust
GBTC
$9.45B
| $60.8M | 0.03% |
+1,065,193
| New | +$46.9M |
|
481
KLA
KLAC
$239B
| $60.2M | 0.03% |
861,250
+80,550
| +10% | +$5.17M |
|
482
State Street SPDR S&P Regional Banking ETF
KRE
$4.63B
| $60.1M | 0.03% |
1,196,178
-189,610
| -14% | -$9.36M |
|
483
Sherwin-Williams
SHW
$82.7B
| $60.1M | 0.03% |
173,063
+6,333
| +4% | +$2.02M |
|
484
Schwab U.S Small- Cap ETF
SCHA
$22.2B
| $60.1M | 0.03% |
2,441,148
+130,812
| +6% | +$3.06M |
|
485
PUT
Invesco QQQ Trust
QQQ
$461B
| $59.9M | 0.03% |
1,350
-129,150
| -99% | -$55.4M |
|
486
iShares Global Tech ETF
IXN
$8.32B
| $59.5M | 0.03% |
795,505
-5,859
| -0.7% | -$421K |
|
487
Capital Group Core Plus Income ETF
CGCP
$8.33B
| $59.5M | 0.03% |
2,649,633
+698,962
| +36% | +$15.7M |
|
488
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.62B
| $59M | 0.03% |
1,386,612
+74,491
| +6% | +$3.15M |
|
489
Arista Networks
ANET
$227B
| $59M | 0.03% |
813,848
+236,136
| +41% | +$15.9M |
|
490
State Street Fixed Income Sector Rotation ETF
FISR
$488M
| $58.8M | 0.03% |
2,295,951
+480,017
| +26% | +$12.3M |
|
491
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.42B
| $58.6M | 0.03% |
4,221,407
-868,727
| -17% | -$11.7M |
|
492
Monolithic Power Systems
MPWR
$70.1B
| $58.4M | 0.03% |
86,223
+4,885
| +6% | +$3.26M |
|
493
W.W. Grainger
GWW
$65.3B
| $58.4M | 0.03% |
57,394
+4,294
| +8% | +$4M |
|
494
iShares US Consumer Staples ETF
IYK
$1.4B
| $58.2M | 0.03% |
861,247
+49,765
| +6% | +$3.24M |
|
495
Nuveen ESG Large-Cap Growth ETF
NULG
$2.67B
| $58.1M | 0.03% |
761,544
+120,763
| +19% | +$8.76M |
|
496
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $58M | 0.03% |
520,026
+188,380
| +57% | +$18.8M |
|
497
Kinder Morgan
KMI
$71.7B
| $57.9M | 0.03% |
3,155,409
+228,402
| +8% | +$3.99M |
|
498
Simon Property Group
SPG
$74.4B
| $57.8M | 0.03% |
369,620
-63,260
| -15% | -$9.28M |
|
499
Micron Technology
MU
$930B
| $57.8M | 0.03% |
490,489
+129,757
| +36% | +$11.7M |
|
500
First Trust Technology AlphaDEX Fund
FXL
$2.53B
| $57.5M | 0.03% |
426,495
-42,397
| -9% | -$5.62M |
|
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.