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 | |
|---|---|---|---|---|---|---|
|
BXMX
901
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $22.1M | 0.01% |
1,670,573
-28,458
| -2% | -$371K |
|
902
Nordson
NDSN
$16.9B
| $22.1M | 0.01% |
80,454
+48,276
| +150% | +$12.6M |
|
903
General Motors
GM
$76.9B
| $22M | 0.01% |
484,325
-50,437
| -9% | -$1.95M |
|
904
Vulcan Materials
VMC
$36.7B
| $21.9M | 0.01% |
80,340
+3,443
| +4% | +$848K |
|
905
Hartford Multifactor Developed Markets ex-US ETF
RODM
$1.63B
| $21.9M | 0.01% |
781,398
+25,310
| +3% | +$692K |
|
906
Genuine Parts
GPC
$17.7B
| $21.9M | 0.01% |
141,218
-14,513
| -9% | -$2.12M |
|
907
DuPont de Nemours
DD
$19.1B
| $21.9M | 0.01% |
227,059
+16,238
| +8% | +$1.44M |
|
908
IQVIA
IQV
$38.4B
| $21.8M | 0.01% |
86,388
+1,379
| +2% | +$322K |
|
909
State Street SPDR ICE Preferred Securities ETF
PSK
$689M
| $21.8M | 0.01% |
626,222
+19,971
| +3% | +$690K |
|
910
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.51B
| $21.8M | 0.01% |
668,130
-140,768
| -17% | -$4.34M |
|
911
NYLI FTSE International Equity Currency Neutral ETF
HFXI
$2.02B
| $21.7M | 0.01% |
810,161
+38,557
| +5% | +$987K |
|
912
LeaderShares Dynamic Yield ETF
DYLD
$40.1M
| $21.7M | 0.01% |
962,486
+10,482
| +1% | +$237K |
|
913
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.26B
| $21.7M | 0.01% |
1,058,633
-68,177
| -6% | -$1.41M |
|
914
iShares MSCI Brazil ETF
EWZ
$9.22B
| $21.6M | 0.01% |
666,904
+297,270
| +80% | +$9.83M |
|
915
iShares MSCI France ETF
EWQ
$338M
| $21.6M | 0.01% |
521,395
+501,107
| +2,470% | +$19.8M |
|
916
Invesco CEF Income Composite ETF
PCEF
$806M
| $21.6M | 0.01% |
1,143,591
+29,129
| +3% | +$537K |
|
|
INCE
917
Franklin Income Equity Focus ETF
INCE
$137M
| $21.5M | 0.01% |
393,893
+19,410
| +5% | +$1.02M |
|
918
Columbia Research Enhanced Value ETF
REVS
$335M
| $21.5M | 0.01% |
896,184
+705,538
| +370% | +$15.8M |
|
919
WisdomTree US Quality Growth Fund
QGRW
$2.81B
| $21.5M | 0.01% |
522,169
+318,452
| +156% | +$12.4M |
|
920
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $21.3M | 0.01% |
927,119
+46,437
| +5% | +$1.07M |
|
|
WBA
921
DELISTED
Walgreens Boots Alliance
WBA
| $21.2M | 0.01% |
977,890
+96,215
| +11% | +$2.14M |
|
922
Archer Daniels Midland
ADM
$37.6B
| $21.2M | 0.01% |
337,322
-91,568
| -21% | -$5.38M |
|
923
Dover
DOV
$27.7B
| $21.1M | 0.01% |
118,903
+2,562
| +2% | +$413K |
|
924
AES
AES
$10.5B
| $20.9M | 0.01% |
1,167,193
+65,203
| +6% | +$1.09M |
|
925
Invesco NASDAQ Internet ETF
PNQI
$533M
| $20.9M | 0.01% |
523,839
+92,872
| +22% | +$3.55M |
|
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.