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 |
iShares Core MSCI EAFE ETF
IEFA
|
$347M |
| 2 |
iShares Russell 2000 ETF
IWM
|
$325M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
$250M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$243M |
| 5 |
Vanguard Total Bond Market
BND
|
$228M |
Top Sells
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
$299M |
| 2 |
iShares TIPS Bond ETF
TIP
|
$195M |
| 3 |
iShares Core S&P US Value ETF
IUSV
|
$190M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
$97.7M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
$69.9M |
Sector Composition
| 1 | Technology | 6.48% |
| 2 | Consumer Discretionary | 3.2% |
| 3 | Financials | 2.84% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
iShares 7-10 Year Treasury Bond ETF
IEF
$35.7B
| $153M | 0.2% | 1,278,458 +127,242 | +11% | +$15.3M |
|
102
Vanguard Short-Term Corporate Bond ETF
VCSH
$35.4B
| $151M | 0.2% | 1,808,363 +288,093 | +19% | +$24M |
|
103
Boeing
BA
$177B
| $147M | 0.19% | 684,575 +75,415 | +12% | +$16.1M |
|
104
Costco
COST
$418B
| $146M | 0.19% | 388,191 +40,127 | +12% | +$15.1M |
|
105
First Trust Enhanced Short Maturity ETF
FTSM
$6.16B
| $146M | 0.19% | 2,435,910 -164,419 | -6% | -$9.87M |
|
106
Vanguard Mortgage-Backed Securities ETF
VMBS
$14.7B
| $145M | 0.19% | 2,675,840 +220,073 | +9% | +$11.9M |
|
107
Pfizer
PFE
$141B
| $144M | 0.19% | 3,899,599 +434,316 | +13% | +$16M |
|
108
Adobe
ADBE
$151B
| $143M | 0.19% | 285,745 +17,590 | +7% | +$8.8M |
|
109
Netflix
NFLX
$513B
| $142M | 0.18% | 263,057 +41,548 | +19% | +$22.5M |
|
110
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$1.94B
| $140M | 0.18% | 3,537,805 +552,187 | +18% | +$21.9M |
|
111
Invesco S&P 500 Equal Weight ETF
RSP
$74.2B
| $140M | 0.18% | 1,096,620 +94,638 | +9% | +$12.1M |
|
112
iShares 20+ Year Treasury Bond ETF
TLT
$47.8B
| $138M | 0.18% | 876,646 -127,866 | -13% | -$20.2M |
|
113
Financial Select Sector SPDR Fund
XLF
$54.1B
| $138M | 0.18% | 4,677,478 -251,781 | -5% | -$7.42M |
|
114
Walmart
WMT
$774B
| $135M | 0.17% | 936,317 +108,216 | +13% | +$15.6M |
|
115
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.28B
| $135M | 0.17% | 2,969,098 +370,900 | +14% | +$16.9M |
|
116
The Communication Services Select Sector SPDR Fund
XLC
$25B
| $135M | 0.17% | 1,993,377 +344,210 | +21% | +$23.2M |
|
117
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$13.8B
| $130M | 0.17% | 1,273,970 +205,292 | +19% | +$20.9M |
|
118
UnitedHealth
UNH
$281B
| $130M | 0.17% | 369,425 +39,328 | +12% | +$13.8M |
|
119
PayPal
PYPL
$67.1B
| $129M | 0.17% | 551,090 +134,817 | +32% | +$31.6M |
|
120
iShares MSCI Emerging Markets ETF
EEM
$19B
| $129M | 0.17% | 2,493,017 +210,208 | +9% | +$10.9M |
|
121
Salesforce
CRM
$245B
| $126M | 0.16% | 567,642 +125,822 | +28% | +$28M |
|
122
Vanguard Mega Cap Growth ETF
MGK
$28.9B
| $126M | 0.16% | 619,595 +54,760 | +10% | +$11.2M |
|
123
iShares Russell Mid-Cap Growth ETF
IWP
$20.5B
| $126M | 0.16% | 1,223,345 +654,065 | +115% | +$67.1M |
|
124
Consumers Staples Select Sector SPDR Fund
XLP
$15.8B
| $125M | 0.16% | 1,856,880 +100,528 | +6% | +$6.78M |
|
125
Utilities Select Sector SPDR Fund
XLU
$20.9B
| $124M | 0.16% | 1,976,524 -23,771 | -1% | -$1.49M |
|