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
| 1 |
Capital Group Dividend Value ETF
CGDV
|
$529M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$507M |
| 3 |
THRO
iShares U.S. Thematic Rotation Active ETF
THRO
|
$494M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
$485M |
| 5 |
NVIDIA
NVDA
|
$404M |
Top Sells
| 1 |
iShares Core S&P 500 ETF
IVV
|
$787M |
| 2 |
iShares MSCI Emerging Markets ex China ETF
EMXC
|
$365M |
| 3 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
$97M |
| 4 |
Invesco Preferred ETF
PGX
|
$92.7M |
| 5 |
Industrial Select Sector SPDR Fund
XLI
|
$89.2M |
Sector Composition
| 1 | Technology | 8.5% |
| 2 | Financials | 3.73% |
| 3 | Consumer Discretionary | 2.77% |
| 4 | Communication Services | 2.41% |
| 5 | Industrials | 2.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
101
Industrial Select Sector SPDR Fund
XLI
$23.2B
| $628M | 0.21% | 4,258,238 -604,500 | -12% | -$89.2M |
|
102
Dimensional US Core Equity 2 ETF
DFAC
$37.1B
| $625M | 0.21% | 17,435,874 +76,098 | +0.4% | +$2.73M |
|
103
VanEck Morningstar Wide Moat ETF
MOAT
$12.8B
| $615M | 0.21% | 6,560,799 -425,365 | -6% | -$39.9M |
|
104
SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$11B
| $608M | 0.2% | 8,123,840 -46,301 | -0.6% | -$3.47M |
|
105
Invesco S&P 500 Momentum ETF
SPMO
$11.6B
| $601M | 0.2% | 5,342,070 +1,762,829 | +49% | +$198M |
|
106
Capital Group Core Equity ETF
CGUS
$6.98B
| $598M | 0.2% | 16,186,883 +1,349,921 | +9% | +$49.9M |
|
107
Procter & Gamble
PG
$368B
| $597M | 0.2% | 3,745,309 +195,697 | +6% | +$31.2M |
|
108
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $593M | 0.2% | 6,313,739 +437,145 | +7% | +$41M |
|
109
Utilities Select Sector SPDR Fund
XLU
$21.1B
| $589M | 0.2% | 7,207,846 +1,366,433 | +23% | +$112M |
|
110
Janus Henderson AAA CLO ETF
JAAA
$24.3B
| $578M | 0.19% | 11,396,548 +1,162,447 | +11% | +$59M |
|
111
VanEck Semiconductor ETF
SMH
$26.9B
| $577M | 0.19% | 2,068,774 +165,522 | +9% | +$46.2M |
|
112
SPDR Portfolio Aggregate Bond ETF
SPAB
$8.56B
| $567M | 0.19% | 22,164,478 -878,713 | -4% | -$22.5M |
|
113
BlackRock Flexible Income ETF
BINC
$11.2B
| $567M | 0.19% | 10,729,228 +1,155,543 | +12% | +$61.1M |
|
114
iShares 1-3 Year Treasury Bond ETF
SHY
$24.3B
| $565M | 0.19% | 6,818,324 -37,154 | -0.5% | -$3.08M |
|
115
Invesco S&P 500 Top 50 ETF
XLG
$10.2B
| $563M | 0.19% | 10,803,253 +181,171 | +2% | +$9.44M |
|
116
Energy Select Sector SPDR Fund
XLE
$27.5B
| $563M | 0.19% | 6,635,128 -95,633 | -1% | -$8.11M |
|
|
THRO
117
iShares U.S. Thematic Rotation Active ETF
THRO
$5.54B
| $555M | 0.19% | 15,594,898 +13,885,825 | +812% | +$494M |
|
118
iShares MSCI USA Momentum Factor ETF
MTUM
$18B
| $553M | 0.18% | 2,302,103 +341,993 | +17% | +$82.2M |
|
119
First Trust Enhanced Short Maturity ETF
FTSM
$6.18B
| $544M | 0.18% | 9,091,917 -50,073 | -0.5% | -$3M |
|
120
iShares Russell Top 200 Growth ETF
IWY
$14.8B
| $542M | 0.18% | 2,196,699 +13,996 | +0.6% | +$3.45M |
|
121
iShares Global Infrastructure ETF
IGF
$7.92B
| $535M | 0.18% | 9,044,618 +811,050 | +10% | +$48M |
|
122
Vanguard Short-Term Bond ETF
BSV
$38.5B
| $531M | 0.18% | 6,747,834 +445,359 | +7% | +$35M |
|
123
Chevron
CVX
$324B
| $525M | 0.18% | 3,663,352 +109,946 | +3% | +$15.7M |
|
124
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$5.29B
| $519M | 0.17% | 10,542,980 +1,293,285 | +14% | +$63.7M |
|
125
Mastercard
MA
$538B
| $507M | 0.17% | 901,428 +70,475 | +8% | +$39.6M |
|