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 | |
|---|---|---|---|---|---|---|
1101
Huntington Ingalls Industries
HII
$12.8B
| $14.4M | 0.01% |
49,525
+3,109
| +7% | +$856K |
|
1102
Fidelity National Information Services
FIS
$22.3B
| $14.4M | 0.01% |
194,347
-100,927
| -34% | -$6.57M |
|
1103
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$452M
| $14.4M | 0.01% |
158,309
-5,283
| -3% | -$455K |
|
1104
Invesco BulletShares 2032 Corporate Bond ETF
BSCW
$1.51B
| $14.4M | 0.01% |
710,485
+386,440
| +119% | +$7.84M |
|
1105
Invesco International Developed Dynamic Multifactor ETF
IMFL
$1.05B
| $14.4M | 0.01% |
560,895
+71,845
| +15% | +$1.79M |
|
1106
Ingersoll Rand
IR
$34.6B
| $14.4M | 0.01% |
151,157
+22,784
| +18% | +$1.95M |
|
1107
Toyota
TM
$224B
| $14.3M | 0.01% |
56,712
+3,664
| +7% | +$811K |
|
1108
Mine Safety
MSA
$7.42B
| $14.2M | 0.01% |
73,493
+11,792
| +19% | +$2.07M |
|
1109
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$135M
| $14.2M | 0.01% |
643,346
+4,882
| +0.8% | +$107K |
|
1110
iShares MSCI India Small-Cap ETF
SMIN
$775M
| $14.2M | 0.01% |
201,920
+7,293
| +4% | +$522K |
|
1111
First Trust Small Cap Value AlphaDEX Fund
FYT
$195M
| $14.2M | 0.01% |
260,827
+12,543
| +5% | +$658K |
|
1112
State Street SPDR Dow Jones REIT ETF
RWR
$1.98B
| $14.2M | 0.01% |
150,236
-100,063
| -40% | -$9.31M |
|
1113
Exelon
EXC
$47.2B
| $14.2M | 0.01% |
376,670
-11,894
| -3% | -$425K |
|
1114
Lamb Weston
LW
$7.26B
| $14.1M | 0.01% |
132,766
+21,407
| +19% | +$2.23M |
|
1115
Eagle Materials
EXP
$6.6B
| $14.1M | 0.01% |
51,807
+58
| +0.1% | +$13.7K |
|
1116
Unum
UNM
$14.4B
| $14M | 0.01% |
261,678
-10,127
| -4% | -$494K |
|
1117
iShares US Transportation ETF
IYT
$2.3B
| $14M | 0.01% |
199,233
-3,003
| -1% | -$203K |
|
1118
Hexcel
HXL
$7.93B
| $14M | 0.01% |
192,445
+14,208
| +8% | +$1.02M |
|
1119
First Trust Natural Gas ETF
FCG
$629M
| $14M | 0.01% |
510,487
-34,091
| -6% | -$834K |
|
1120
Edison International
EIX
$27.7B
| $14M | 0.01% |
197,512
-14,543
| -7% | -$994K |
|
1121
Pinterest
PINS
$14.3B
| $14M | 0.01% |
402,385
+14,475
| +4% | +$526K |
|
1122
CMS Energy
CMS
$22.5B
| $13.9M | 0.01% |
230,620
+2,814
| +1% | +$163K |
|
1123
Hartford Financial Services
HIG
$38.9B
| $13.9M | 0.01% |
134,994
+15,957
| +13% | +$1.46M |
|
1124
Nasdaq
NDAQ
$52.6B
| $13.9M | 0.01% |
219,806
+7,752
| +4% | +$448K |
|
1125
Otis Worldwide
OTIS
$27.9B
| $13.8M | 0.01% |
139,319
+14,767
| +12% | +$1.36M |
|
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.