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 | |
|---|---|---|---|---|---|---|
801
Blue Owl Capital
OBDC
$5.46B
| $27.1M | 0.01% |
1,761,390
+44,694
| +3% | +$672K |
|
802
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.39B
| $27M | 0.01% |
588,210
+8,799
| +2% | +$382K |
|
803
Arthur J. Gallagher & Co
AJG
$63.7B
| $26.9M | 0.01% |
107,583
+21,784
| +25% | +$5.24M |
|
804
Coinbase
COIN
$38.7B
| $26.9M | 0.01% |
101,382
+5,223
| +5% | +$940K |
|
805
Canadian Imperial Bank of Commerce
CM
$109B
| $26.8M | 0.01% |
527,803
-7,285
| -1% | -$344K |
|
806
Amphenol
APH
$201B
| $26.8M | 0.01% |
463,984
+72,368
| +18% | +$3.79M |
|
807
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.29B
| $26.7M | 0.01% |
476,385
-15,919
| -3% | -$848K |
|
808
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$420M
| $26.6M | 0.01% |
402,761
-94,326
| -19% | -$5.89M |
|
809
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.47B
| $26.5M | 0.01% |
1,266,748
+179,813
| +17% | +$3.75M |
|
810
iShares US Real Estate ETF
IYR
$4.67B
| $26.5M | 0.01% |
294,958
+14,167
| +5% | +$1.25M |
|
811
Arch Capital
ACGL
$34.5B
| $26.3M | 0.01% |
284,760
-27,091
| -9% | -$2.29M |
|
812
PPG Industries
PPG
$25.3B
| $26.3M | 0.01% |
181,504
+15,895
| +10% | +$2.26M |
|
813
Copart
CPRT
$27.2B
| $26.3M | 0.01% |
453,216
+64,494
| +17% | +$3.32M |
|
814
First Trust Materials AlphaDEX Fund
FXZ
$374M
| $26.2M | 0.01% |
367,082
+18,776
| +5% | +$1.26M |
|
815
iShares Morningstar Value ETF
ILCV
$1.34B
| $26.2M | 0.01% |
340,631
-32,718
| -9% | -$2.38M |
|
816
Invesco S&P MidCap Low Volatility ETF
XMLV
$751M
| $26.1M | 0.01% |
463,433
-98,668
| -18% | -$5.32M |
|
817
First Trust Short Duration Managed Municipal ETF
FSMB
$623M
| $26.1M | 0.01% |
1,316,627
+134,458
| +11% | +$2.67M |
|
818
Invesco Semiconductors ETF
PSI
$2.34B
| $26.1M | 0.01% |
462,440
-4,567
| -1% | -$238K |
|
819
WisdomTree US SmallCap Earnings Fund
EES
$729M
| $26.1M | 0.01% |
520,503
+41,459
| +9% | +$1.99M |
|
820
Keysight
KEYS
$55B
| $26.1M | 0.01% |
166,795
+8,533
| +5% | +$1.31M |
|
821
John Hancock Multifactor Developed International ETF
JHMD
$968M
| $26M | 0.01% |
753,999
+311,953
| +71% | +$10.3M |
|
822
PACCAR
PCAR
$69.5B
| $26M | 0.01% |
210,121
+3,533
| +2% | +$380K |
|
|
BSJP
823
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $25.9M | 0.01% |
1,130,247
+197,414
| +21% | +$4.51M |
|
824
IQ MacKay Municipal Intermediate ETF
MMIT
$1.46B
| $25.9M | 0.01% |
1,062,046
+38,139
| +4% | +$932K |
|
|
DFSV
825
Dimensional US Small Cap Value ETF
DFSV
$8.3B
| $25.9M | 0.01% |
859,791
+66,254
| +8% | +$1.89M |
|
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.