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 | |
|---|---|---|---|---|---|---|
1176
VanEck Inflation Allocation ETF
RAAX
$1.15B
| $12.7M | 0.01% |
468,810
-114,269
| -20% | -$2.91M |
|
1177
Ferrari
RACE
$70.8B
| $12.7M | 0.01% |
29,141
+5,700
| +24% | +$2.21M |
|
1178
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.16B
| $12.7M | 0.01% |
174,963
-45,360
| -21% | -$3.1M |
|
1179
iShares MSCI Canada ETF
EWC
$6.19B
| $12.7M | 0.01% |
331,197
+260,575
| +369% | +$9.59M |
|
1180
iShares MSCI Poland ETF
EPOL
$754M
| $12.7M | 0.01% |
536,855
+492,585
| +1,113% | +$11.1M |
|
1181
Toronto Dominion Bank
TD
$197B
| $12.6M | 0.01% |
209,232
-30,579
| -13% | -$1.85M |
|
1182
American Century Diversified Corporate Bond ETF
KORP
$888M
| $12.6M | 0.01% |
272,233
-28,516
| -9% | -$1.32M |
|
1183
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$285M
| $12.6M | 0.01% |
520,452
+487,908
| +1,499% | +$11.7M |
|
1184
Seagate
STX
$192B
| $12.6M | 0.01% |
135,080
+17,357
| +15% | +$1.53M |
|
1185
State Street Multi-Asset Real Return ETF
RLY
$1.26B
| $12.6M | 0.01% |
449,671
-178,324
| -28% | -$4.77M |
|
1186
First Trust Utilities AlphaDEX Fund
FXU
$831M
| $12.5M | 0.01% |
385,316
-171,082
| -31% | -$5.28M |
|
1187
Eversource Energy
ES
$27.3B
| $12.5M | 0.01% |
209,128
-36,088
| -15% | -$2.07M |
|
1188
Gabelli Equity Trust
GAB
$1.78B
| $12.5M | 0.01% |
2,256,192
+64,421
| +3% | +$341K |
|
|
OWNS
1189
CCM Affordable Housing MBS ETF
OWNS
$105M
| $12.4M | 0.01% |
735,810
+65,649
| +10% | +$1.12M |
|
1190
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.05B
| $12.4M | 0.01% |
226,191
-409,911
| -64% | -$22.2M |
|
1191
Global X Autonomous & Electric Vehicles ETF
DRIV
$430M
| $12.3M | 0.01% |
498,495
-73,276
| -13% | -$1.74M |
|
1192
Carnival Corporation Ltd
CCL
$40.5B
| $12.3M | 0.01% |
753,010
-54,226
| -7% | -$882K |
|
1193
AllianceBernstein
AB
$3.46B
| $12.3M | 0.01% |
354,075
-45,648
| -11% | -$1.52M |
|
|
CHY
1194
Calamos Convertible and High Income Fund
CHY
$1.04B
| $12.3M | 0.01% |
1,038,289
+18,899
| +2% | +$223K |
|
1195
Southern Copper
SCCO
$163B
| $12.3M | 0.01% |
124,163
+7,366
| +6% | +$589K |
|
1196
Avantis US Small Cap Equity ETF
AVSC
$3.15B
| $12.3M | 0.01% |
234,088
+181,736
| +347% | +$9.09M |
|
1197
J.M. Smucker
SJM
$12.7B
| $12.2M | 0.01% |
97,222
-1,322
| -1% | -$167K |
|
1198
iShares Global Healthcare ETF
IXJ
$4.08B
| $12.2M | 0.01% |
131,348
+13,700
| +12% | +$1.24M |
|
1199
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$304M
| $12.2M | 0.01% |
113,695
-3,610
| -3% | -$372K |
|
1200
Blackstone Secured Lending
BXSL
$5.53B
| $12.2M | 0.01% |
392,190
+65,859
| +20% | +$1.93M |
|
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.