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 | |
|---|---|---|---|---|---|---|
776
Marvell Technology
MRVL
$174B
| $28.9M | 0.02% |
407,105
+31,878
| +8% | +$2.18M |
|
777
First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF
FTRI
$124M
| $28.8M | 0.02% |
2,171,948
-207,379
| -9% | -$2.61M |
|
778
AutoZone
AZO
$48.8B
| $28.8M | 0.02% |
9,143
-114
| -1% | -$326K |
|
779
Workday
WDAY
$40.8B
| $28.8M | 0.02% |
105,630
+19,251
| +22% | +$5.48M |
|
780
Microchip Technology
MCHP
$40.8B
| $28.8M | 0.02% |
321,094
+37,859
| +13% | +$3.26M |
|
781
Invesco RAFI Strategic US ETF
IUS
$936M
| $28.8M | 0.02% |
606,915
-18,800
| -3% | -$844K |
|
782
Whirlpool
WHR
$2.54B
| $28.8M | 0.02% |
240,540
+90,993
| +61% | +$10.1M |
|
783
American Water Works
AWK
$26.1B
| $28.8M | 0.02% |
235,455
-15,962
| -6% | -$1.96M |
|
784
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$428M
| $28.7M | 0.02% |
1,201,608
+106,645
| +10% | +$2.53M |
|
785
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.84B
| $28.7M | 0.02% |
1,204,138
+9,385
| +0.8% | +$223K |
|
786
Global X Lithium & Battery Tech ETF
LIT
$1.5B
| $28.6M | 0.02% |
632,490
-108,042
| -15% | -$4.81M |
|
787
Corteva
CTVA
$50.9B
| $28.6M | 0.02% |
496,046
+119,921
| +32% | +$6.19M |
|
788
Janus Henderson B-BBB CLO ETF
JBBB
$1.41B
| $28.6M | 0.02% |
583,969
+502,458
| +616% | +$24.3M |
|
789
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.22B
| $28.4M | 0.02% |
182,144
-53,487
| -23% | -$8M |
|
790
Airbnb
ABNB
$89.4B
| $28.2M | 0.02% |
170,936
+19,552
| +13% | +$2.96M |
|
791
Ventas
VTR
$46.6B
| $28.1M | 0.02% |
645,631
+59,122
| +10% | +$2.69M |
|
792
Vanguard Russell 1000 ETF
VONE
$8.39B
| $27.9M | 0.02% |
117,017
-6,153
| -5% | -$1.4M |
|
793
Vanguard Communication Services ETF
VOX
$5.78B
| $27.9M | 0.02% |
212,435
+26,957
| +15% | +$3.38M |
|
794
Xtrackers S&P 500 ESG ETF
SNPE
$2.69B
| $27.8M | 0.01% |
582,138
+11,643
| +2% | +$530K |
|
795
Yum! Brands
YUM
$40.6B
| $27.8M | 0.01% |
200,599
+3,972
| +2% | +$530K |
|
796
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.12B
| $27.7M | 0.01% |
583,593
-12,332
| -2% | -$585K |
|
797
International Paper
IP
$21.9B
| $27.6M | 0.01% |
708,080
+67,939
| +11% | +$2.46M |
|
798
iShares U.S. Carbon Transition Readiness Aware Active ETF
LCTU
$1.23B
| $27.5M | 0.01% |
479,166
+93,261
| +24% | +$5.1M |
|
799
Consolidated Edison
ED
$39.8B
| $27.4M | 0.01% |
301,303
+9,072
| +3% | +$813K |
|
800
PIMCO Corporate & Income Opportunity Fund
PTY
$2.49B
| $27.2M | 0.01% |
1,829,032
+120,747
| +7% | +$1.7M |
|
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.