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 | |
|---|---|---|---|---|---|---|
1051
ALPS Sector Dividend Dogs ETF
SDOG
$1.42B
| $15.9M | 0.01% |
295,091
+69,883
| +31% | +$3.61M |
|
1052
State Street SPDR S&P 1500 Momentum Tilt ETF
MMTM
$163M
| $15.9M | 0.01% |
69,186
-4,110
| -6% | -$890K |
|
1053
US Treasury 2 Year Note ETF
UTWO
$483M
| $15.9M | 0.01% |
330,434
+34,902
| +12% | +$1.68M |
|
1054
Sprott Physical Gold and Silver Trust
CEF
$7.54B
| $15.9M | 0.01% |
780,039
+59,068
| +8% | +$1.12M |
|
|
CYBR
1055
DELISTED
CyberArk
CYBR
| $15.9M | 0.01% |
59,712
+27,195
| +84% | +$6.74M |
|
1056
Atlassian
TEAM
$27.4B
| $15.8M | 0.01% |
81,170
+3,053
| +4% | +$666K |
|
1057
Hilton Worldwide
HLT
$70.5B
| $15.8M | 0.01% |
73,989
+15,879
| +27% | +$3.12M |
|
1058
Innovator US Equity Power Buffer ETF November
PNOV
$891M
| $15.8M | 0.01% |
443,170
+56,617
| +15% | +$1.98M |
|
1059
First Trust Ultra Short Duration Municipal ETF
FUMB
$247M
| $15.8M | 0.01% |
786,225
-22,351
| -3% | -$449K |
|
1060
Invesco DB Commodity Index Tracking Fund
DBC
$1.63B
| $15.7M | 0.01% |
685,622
-84,760
| -11% | -$1.88M |
|
1061
Omnicom Group
OMC
$21.8B
| $15.7M | 0.01% |
161,979
+12,074
| +8% | +$1.08M |
|
1062
Global X Copper Miners ETF NEW
COPX
$7.73B
| $15.7M | 0.01% |
368,910
-48,720
| -12% | -$1.81M |
|
|
DFS
1063
DELISTED
Discover Financial Services
DFS
| $15.6M | 0.01% |
119,000
-38,513
| -24% | -$4.41M |
|
1064
Snap-on
SNA
$21.5B
| $15.6M | 0.01% |
52,559
+5,140
| +11% | +$1.46M |
|
1065
iShares Morningstar Small-Cap Growth ETF
ISCG
$1.01B
| $15.5M | 0.01% |
333,647
+22,518
| +7% | +$996K |
|
|
BNY
1066
Bank of New York Mellon
BNY
$107B
| $15.5M | 0.01% |
269,545
+17,061
| +7% | +$939K |
|
|
WIRE
1067
DELISTED
Encore Wire Corp
WIRE
| $15.5M | 0.01% |
59,009
+19,645
| +50% | +$4.46M |
|
1068
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.17B
| $15.4M | 0.01% |
241,138
+13,079
| +6% | +$822K |
|
1069
Gartner
IT
$11.8B
| $15.4M | 0.01% |
32,270
+2,929
| +10% | +$1.35M |
|
1070
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$516M
| $15.3M | 0.01% |
297,993
-21,840
| -7% | -$1.12M |
|
1071
Zimmer Biomet
ZBH
$18.4B
| $15.3M | 0.01% |
116,071
-9,425
| -8% | -$1.18M |
|
1072
First Trust Mid Cap Value AlphaDEX Fund
FNK
$228M
| $15.3M | 0.01% |
282,414
-28,622
| -9% | -$1.45M |
|
1073
Dimensional Global Real Estate ETF
DFGR
$3.85B
| $15.3M | 0.01% |
598,826
+26,340
| +5% | +$661K |
|
1074
iShares Russell 2500 ETF
SMMD
$3.68B
| $15.3M | 0.01% |
232,778
+188,715
| +428% | +$11.7M |
|
1075
Franklin Senior Loan ETF
FLBL
$850M
| $15.3M | 0.01% |
623,123
+190,409
| +44% | +$4.63M |
|
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.