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 | |
|---|---|---|---|---|---|---|
551
Intercontinental Exchange
ICE
$84.8B
| $50.1M | 0.03% |
364,406
+29,766
| +9% | +$3.95M |
|
552
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.39B
| $50M | 0.03% |
536,606
-18,705
| -3% | -$1.67M |
|
553
Avantis US Large Cap Value ETF
AVLV
$17.9B
| $49.9M | 0.03% |
775,971
+119,319
| +18% | +$7.15M |
|
554
Palantir
PLTR
$302B
| $49.8M | 0.03% |
2,164,722
+425,966
| +24% | +$9.08M |
|
555
Xcel Energy
XEL
$48.8B
| $49.5M | 0.03% |
921,438
+21,876
| +2% | +$1.25M |
|
556
JPMorgan Global Select Equity ETF
JGLO
$6.73B
| $49.3M | 0.03% |
+859,035
| New | +$47.2M |
|
557
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.56B
| $49.1M | 0.03% |
2,448,126
+892,431
| +57% | +$17.9M |
|
558
General Mills
GIS
$19.2B
| $49.1M | 0.03% |
701,703
-22,933
| -3% | -$1.49M |
|
559
First Trust North American Energy Infrastructure Fund
EMLP
$4.12B
| $48.7M | 0.03% |
1,647,536
-59,358
| -3% | -$1.66M |
|
560
Clorox
CLX
$11.8B
| $47.9M | 0.03% |
312,527
+12,933
| +4% | +$1.93M |
|
561
Synopsys
SNPS
$74.7B
| $47.8M | 0.03% |
83,557
+12,276
| +17% | +$6.76M |
|
562
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.27B
| $47.7M | 0.03% |
602,224
-236,204
| -28% | -$18.6M |
|
563
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.6B
| $47.4M | 0.03% |
735,358
-9,512
| -1% | -$588K |
|
564
Devon Energy
DVN
$51.1B
| $46.7M | 0.03% |
930,187
-3,586
| -0.4% | -$159K |
|
565
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.81B
| $46.6M | 0.03% |
1,187,351
-40,223
| -3% | -$1.5M |
|
566
PIMCO Dynamic Income Fund
PDI
$7.38B
| $46.5M | 0.03% |
2,411,483
+550,576
| +30% | +$10.5M |
|
567
Cambria Shareholder Yield ETF
SYLD
$1B
| $46.5M | 0.02% |
633,979
+223,496
| +54% | +$15.3M |
|
568
iShares Fallen Angels USD Bond ETF
FALN
$1.61B
| $46.3M | 0.02% |
1,723,691
-11,365
| -0.7% | -$302K |
|
569
Mercado Libre
MELI
$95.9B
| $46.2M | 0.02% |
30,541
+3,119
| +11% | +$5.1M |
|
570
Vanguard Consumer Discretionary ETF
VCR
$6.26B
| $46.2M | 0.02% |
145,332
-1,330
| -0.9% | -$406K |
|
571
Shell
SHEL
$252B
| $46.2M | 0.02% |
688,594
+24,061
| +4% | +$1.54M |
|
572
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$740M
| $45.9M | 0.02% |
771,549
-327,945
| -30% | -$18.5M |
|
573
L3Harris
LHX
$51.4B
| $45.9M | 0.02% |
215,317
+10,285
| +5% | +$2.16M |
|
|
IBDP
574
DELISTED
iShares iBonds Dec 2024 Term Corporate ETF
IBDP
| $45.6M | 0.02% |
1,821,628
-154,770
| -8% | -$3.87M |
|
575
US Treasury 6 Month Bill ETF
XBIL
$741M
| $45.4M | 0.02% |
906,695
-55,820
| -6% | -$2.79M |
|
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.