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 | |
|---|---|---|---|---|---|---|
|
PARA
751
DELISTED
Paramount Global Class B
PARA
| $30.6M | 0.02% |
2,597,451
+162,173
| +7% | +$2.04M |
|
752
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.79B
| $30.5M | 0.02% |
1,074,712
-399,899
| -27% | -$10.9M |
|
753
Factset
FDS
$9.59B
| $30.5M | 0.02% |
67,064
+4,173
| +7% | +$1.95M |
|
754
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.3B
| $30.5M | 0.02% |
463,697
+5,803
| +1% | +$364K |
|
755
Cheniere Energy
LNG
$54.1B
| $30.4M | 0.02% |
188,252
-2,433
| -1% | -$391K |
|
756
WisdomTree US Value Fund
WTV
$3.33B
| $30.1M | 0.02% |
398,703
+70,538
| +21% | +$4.97M |
|
757
Public Service Enterprise Group
PEG
$38.2B
| $30.1M | 0.02% |
450,968
+58,254
| +15% | +$3.57M |
|
758
T. Rowe Price
TROW
$24.3B
| $30.1M | 0.02% |
246,663
-38,981
| -14% | -$4.35M |
|
759
iShares iBonds Dec 2028 Term Corporate ETF
IBDT
$4.05B
| $30M | 0.02% |
1,206,501
+212,632
| +21% | +$5.29M |
|
760
ARK Blockchain & Fintech Innovation ETF
ARKF
$726M
| $29.9M | 0.02% |
986,694
+66,879
| +7% | +$1.84M |
|
761
First Trust Long Duration Opportunities ETF
LGOV
$620M
| $29.9M | 0.02% |
1,396,302
+846,336
| +154% | +$18.2M |
|
762
Alcon
ALC
$34.2B
| $29.8M | 0.02% |
357,861
-14,004
| -4% | -$1.12M |
|
763
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $29.5M | 0.02% |
377,700
-28,701
| -7% | -$2.24M |
|
764
Rockwell Automation
ROK
$53.5B
| $29.5M | 0.02% |
101,258
+10,223
| +11% | +$2.94M |
|
765
VICI Properties
VICI
$29.2B
| $29.5M | 0.02% |
990,134
+88,014
| +10% | +$2.64M |
|
766
Invesco BulletShares 2030 Corporate Bond ETF
BSCU
$2.67B
| $29.4M | 0.02% |
1,793,241
+361,394
| +25% | +$5.93M |
|
767
US Treasury 12 Month Bill ETF
OBIL
$306M
| $29.2M | 0.02% |
584,139
+34,833
| +6% | +$1.74M |
|
768
Toews Agility Shares Managed Risk ETF
MRSK
$318M
| $29.1M | 0.02% |
943,327
+54,824
| +6% | +$1.63M |
|
769
VanEck High Yield Muni ETF
HYD
$4.42B
| $29.1M | 0.02% |
557,636
+32,048
| +6% | +$1.65M |
|
770
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.57B
| $29.1M | 0.02% |
1,279,787
-15,446
| -1% | -$342K |
|
771
Cardinal Health
CAH
$55.2B
| $29.1M | 0.02% |
260,345
+90,961
| +54% | +$9.81M |
|
772
Diageo
DEO
$49.2B
| $29.1M | 0.02% |
195,387
+40,327
| +26% | +$5.9M |
|
773
Schwab Fundamental US Large Company Index ETF
FNDX
$27B
| $29M | 0.02% |
1,292,274
+73,746
| +6% | +$1.57M |
|
774
First Trust California Municipal High income ETF
FCAL
$218M
| $28.9M | 0.02% |
581,610
+129,332
| +29% | +$6.43M |
|
775
Flex
FLEX
$43B
| $28.9M | 0.02% |
1,008,868
-268,015
| -21% | -$7.03M |
|
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.