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 | |
|---|---|---|---|---|---|---|
976
Sprott Physical Gold
PHYS
$14.6B
| $18.5M | 0.01% |
1,070,675
+9,039
| +0.9% | +$145K |
|
977
iShares US Insurance ETF
IAK
$537M
| $18.5M | 0.01% |
157,618
+61,743
| +64% | +$6.72M |
|
978
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.82B
| $18.5M | 0.01% |
358,536
-114,639
| -24% | -$5.88M |
|
979
Verisk Analytics
VRSK
$25.1B
| $18.4M | 0.01% |
78,137
+1,517
| +2% | +$364K |
|
980
Pacer Trendpilot US Mid Cap ETF
PTMC
$396M
| $18.4M | 0.01% |
510,164
-8,149
| -2% | -$273K |
|
981
Public Storage
PSA
$60.9B
| $18.3M | 0.01% |
63,243
+288
| +0.5% | +$82.6K |
|
982
Invesco S&P 500 Pure Value ETF
RPV
$1.67B
| $18.3M | 0.01% |
206,599
-37,402
| -15% | -$3.1M |
|
|
FSGS
983
First Trust SMID Growth Strength ETF
FSGS
$31.4M
| $18.2M | 0.01% |
630,034
+931
| +0.1% | +$26.1K |
|
984
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$559M
| $18.2M | 0.01% |
218,909
-49,563
| -18% | -$3.71M |
|
985
Guggenheim Strategic Opportunities Fund
GOF
$2.22B
| $18.1M | 0.01% |
1,267,368
+216,289
| +21% | +$3M |
|
986
Celsius Holdings
CELH
$7.22B
| $18M | 0.01% |
216,637
+68,579
| +46% | +$4.7M |
|
987
iShares Cybersecurity and Tech ETF
IHAK
$1.04B
| $17.9M | 0.01% |
382,729
+139,580
| +57% | +$6.55M |
|
988
Dimensional US Core Equity Market ETF
DFAU
$12.6B
| $17.8M | 0.01% |
488,288
+247,872
| +103% | +$8.58M |
|
989
First Trust S&P REIT Index Fund
FRI
$198M
| $17.8M | 0.01% |
685,218
-237,811
| -26% | -$6.08M |
|
990
Alliant Energy
LNT
$18.5B
| $17.8M | 0.01% |
353,366
+37,133
| +12% | +$1.82M |
|
991
Principal Spectrum Preferred Securities Active ETF
PREF
$1.77B
| $17.8M | 0.01% |
980,959
+141,110
| +17% | +$2.51M |
|
992
IQ MacKay Municipal Insured ETF
MMIN
$466M
| $17.8M | 0.01% |
732,252
+67,325
| +10% | +$1.64M |
|
993
Capital Group Short Duration Income ETF
CGSD
$2.4B
| $17.8M | 0.01% |
700,015
+170,426
| +32% | +$4.34M |
|
994
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.76B
| $17.7M | 0.01% |
1,099,219
+743,604
| +209% | +$12M |
|
995
Invesco MSCI USA ETF
PBUS
$11.5B
| $17.7M | 0.01% |
337,910
-36,080
| -10% | -$1.8M |
|
996
WisdomTree US Efficient Core Fund
NTSX
$1.38B
| $17.7M | 0.01% |
419,413
+47,712
| +13% | +$1.95M |
|
997
Ametek
AME
$55.9B
| $17.7M | 0.01% |
96,826
+6,742
| +7% | +$1.16M |
|
998
iShares MSCI Italy ETF
EWI
$1.05B
| $17.7M | 0.01% |
468,614
+145,785
| +45% | +$5.1M |
|
999
Martin Marietta Materials
MLM
$32.6B
| $17.6M | 0.01% |
28,719
+2,186
| +8% | +$1.19M |
|
1000
Invesco KBW Property & Casualty Insurance ETF
KBWP
$273M
| $17.6M | 0.01% |
163,335
+361
| +0.2% | +$35.9K |
|
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.