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 | |
|---|---|---|---|---|---|---|
51
Exxon Mobil
XOM
$487B
| $141M | 0.39% | 1,712,267 -45,215 | -3% | -$3.72M |
|
52
Berkshire Hathaway Class B
BRK.B
$1.09T
| $140M | 0.39% | 993,638 +14,038 | +1% | +$1.98M |
|
53
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $137M | 0.38% | 4,069,278 -285,179 | -7% | -$9.58M |
|
54
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $135M | 0.38% | 3,348,634 +281,080 | +9% | +$11.3M |
|
55
Walt Disney
DIS
$213B
| $134M | 0.37% | 1,380,873 -14,135 | -1% | -$1.37M |
|
56
SPDR S&P Dividend ETF
SDY
$20.6B
| $132M | 0.37% | 1,667,778 +16,794 | +1% | +$1.33M |
|
57
Vanguard FTSE Developed Markets ETF
VEA
$171B
| $132M | 0.37% | 3,799,777 -158,290 | -4% | -$5.5M |
|
58
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.36B
| $127M | 0.35% | 2,891,102 -366,785 | -11% | -$16.1M |
|
59
iShares Russell Mid-Cap Growth ETF
IWP
$20.5B
| $127M | 0.35% | 1,390,495 -128,227 | -8% | -$11.7M |
|
60
Consumers Staples Select Sector SPDR Fund
XLP
$15.8B
| $127M | 0.35% | 2,383,231 +781,751 | +49% | +$41.7M |
|
61
Vanguard Mid-Cap ETF
VO
$87.5B
| $126M | 0.35% | 1,052,818 -104,507 | -9% | -$12.5M |
|
62
Utilities Select Sector SPDR Fund
XLU
$20.9B
| $122M | 0.34% | 2,511,863 +970,693 | +63% | +$47.2M |
|
63
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.8B
| $120M | 0.33% | 2,389,934 +13,146 | +0.6% | +$662K |
|
64
Altria Group
MO
$113B
| $120M | 0.33% | 1,900,680 +63,686 | +3% | +$4.01M |
|
65
Industrial Select Sector SPDR Fund
XLI
$23.3B
| $115M | 0.32% | 2,104,645 -302,767 | -13% | -$16.6M |
|
66
Consumer Discretionary Select Sector SPDR Fund
XLY
$23.2B
| $115M | 0.32% | 1,474,427 -905,191 | -38% | -$70.7M |
|
67
iShares Russell Mid-Cap Value ETF
IWS
$14.1B
| $115M | 0.32% | 1,639,960 +7,292 | +0.4% | +$510K |
|
68
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.39B
| $113M | 0.32% | 1,739,668 +158,555 | +10% | +$10.3M |
|
69
SPDR Dow Jones Industrial Average ETF Trust
DIA
$39.9B
| $113M | 0.31% | 642,690 -121,101 | -16% | -$21.3M |
|
70
Vanguard Short-Term Bond ETF
BSV
$38.5B
| $111M | 0.31% | 1,376,604 +237,180 | +21% | +$19.1M |
|
71
iShares Core High Dividend ETF
HDV
$11.7B
| $110M | 0.31% | 1,411,276 +104,698 | +8% | +$8.15M |
|
72
iShares TIPS Bond ETF
TIP
$13.6B
| $105M | 0.29% | 914,478 +52,787 | +6% | +$6.07M |
|
73
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
| $105M | 0.29% | 1,296,122 +57,024 | +5% | +$4.61M |
|
74
ProShares Short S&P500
SH
$1.25B
| $105M | 0.29% | 5,099,522 +3,539,464 | +227% | +$72.7M |
|
75
Meta Platforms (Facebook)
META
$1.86T
| $104M | 0.29% | 925,942 -30,178 | -3% | -$3.39M |
|