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 | |
|---|---|---|---|---|---|---|
951
Global X Silver Miners ETF NEW
SIL
$4.07B
| $19.8M | 0.01% |
721,092
-17,288
| -2% | -$438K |
|
952
Vanguard ESG US Stock ETF
ESGV
$13.3B
| $19.8M | 0.01% |
212,125
+33,942
| +19% | +$3.02M |
|
953
First Trust Nasdaq Oil & Gas ETF
FTXN
$161M
| $19.6M | 0.01% |
608,297
-297,506
| -33% | -$8.63M |
|
954
Amplify CEF High Income ETF
YYY
$727M
| $19.6M | 0.01% |
1,627,128
+169,582
| +12% | +$2.01M |
|
|
NSA
955
DELISTED
National Storage Affiliates Trust
NSA
| $19.6M | 0.01% |
501,083
+10,245
| +2% | +$385K |
|
956
FlexShares Quality Dividend Index Fund
QDF
$2.24B
| $19.6M | 0.01% |
297,190
+15,165
| +5% | +$961K |
|
957
State Street SPDR S&P Insurance ETF
KIE
$640M
| $19.5M | 0.01% |
375,044
-64,617
| -15% | -$3.13M |
|
958
SAP
SAP
$219B
| $19.5M | 0.01% |
99,854
-5,812
| -6% | -$1.03M |
|
959
Idexx Laboratories
IDXX
$44.8B
| $19.4M | 0.01% |
35,967
+2,128
| +6% | +$1.16M |
|
960
iShares MSCI Mexico ETF
EWW
$1.97B
| $19.3M | 0.01% |
278,844
-210,135
| -43% | -$14M |
|
961
Steris
STE
$22.7B
| $19.3M | 0.01% |
85,753
+194
| +0.2% | +$43.8K |
|
962
Estee Lauder
EL
$30.6B
| $19.3M | 0.01% |
125,029
+17,593
| +16% | +$2.5M |
|
963
MGM Resorts International
MGM
$11.4B
| $19.2M | 0.01% |
407,675
-51,389
| -11% | -$2.25M |
|
964
DTE Energy
DTE
$29.5B
| $19.2M | 0.01% |
171,552
+28,647
| +20% | +$3.09M |
|
|
AXON
965
Axon Enterprise
AXON
$46.4B
| $19.1M | 0.01% |
61,143
+17,638
| +41% | +$4.9M |
|
966
Invesco Zacks Mid-Cap ETF
CZA
$191M
| $19.1M | 0.01% |
187,717
-16,282
| -8% | -$1.55M |
|
967
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
QDPL
$1.73B
| $19M | 0.01% |
530,335
+85,750
| +19% | +$2.96M |
|
968
Vanguard Russell 3000 ETF
VTHR
$4.75B
| $18.9M | 0.01% |
81,221
+10,630
| +15% | +$2.36M |
|
969
First Trust Indxx NextG ETF
NXTG
$543M
| $18.9M | 0.01% |
238,718
-2,916
| -1% | -$225K |
|
970
Ross Stores
ROST
$81.1B
| $18.9M | 0.01% |
128,608
+19,942
| +18% | +$2.86M |
|
971
Fastenal
FAST
$55.2B
| $18.9M | 0.01% |
488,766
+46,614
| +11% | +$1.65M |
|
972
VanEck Junior Gold Miners ETF
GDXJ
$7.09B
| $18.7M | 0.01% |
482,240
+38,217
| +9% | +$1.32M |
|
973
Invesco Financial Preferred ETF
PGF
$676M
| $18.7M | 0.01% |
1,224,393
+163,046
| +15% | +$2.45M |
|
974
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.04B
| $18.6M | 0.01% |
816,268
+47,307
| +6% | +$1.08M |
|
975
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.86B
| $18.5M | 0.01% |
383,718
+99,379
| +35% | +$4.47M |
|
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.