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 | |
|---|---|---|---|---|---|---|
1276
PIMCO Municipal Income Opportunities Active ETF
MINO
$733M
| $10.9M | 0.01% |
239,341
+165,326
| +223% | +$7.52M |
|
1277
Vistra
VST
$48.3B
| $10.9M | 0.01% |
156,681
-14,352
| -8% | -$710K |
|
1278
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.27B
| $10.9M | 0.01% |
148,517
+8,394
| +6% | +$592K |
|
|
IBMM
1279
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $10.9M | 0.01% |
419,925
-22,502
| -5% | -$584K |
|
1280
Fidelity MSCI Utilities Index ETF
FUTY
$2.32B
| $10.9M | 0.01% |
256,754
-37,184
| -13% | -$1.5M |
|
1281
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$334M
| $10.9M | 0.01% |
102,611
+3,940
| +4% | +$396K |
|
1282
Global X SuperDividend REIT ETF
SRET
$232M
| $10.9M | 0.01% |
530,914
-7,040
| -1% | -$144K |
|
1283
Global Payments
GPN
$24.1B
| $10.9M | 0.01% |
81,182
+647
| +0.8% | +$85.5K |
|
1284
iShares US Basic Materials ETF
IYM
$1.21B
| $10.8M | 0.01% |
73,005
+875
| +1% | +$120K |
|
1285
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
$237M
| $10.8M | 0.01% |
217,164
+150,515
| +226% | +$7.34M |
|
1286
Booz Allen Hamilton
BAH
$8.85B
| $10.8M | 0.01% |
72,558
+12,521
| +21% | +$1.76M |
|
1287
Darden Restaurants
DRI
$23.4B
| $10.7M | 0.01% |
64,307
+771
| +1% | +$128K |
|
1288
State Street SPDR S&P 500 ESG ETF
EFIV
$1.03B
| $10.7M | 0.01% |
212,064
+61,991
| +41% | +$2.99M |
|
1289
Maximus
MMS
$3.33B
| $10.7M | 0.01% |
127,859
+9,825
| +8% | +$808K |
|
1290
Datadog
DDOG
$103B
| $10.7M | 0.01% |
86,752
-997
| -1% | -$125K |
|
1291
Vanguard Russell 2000 Growth ETF
VTWG
$1.54B
| $10.7M | 0.01% |
54,200
-853
| -2% | -$159K |
|
1292
iShares Core US REIT ETF
USRT
$4.64B
| $10.7M | 0.01% |
197,970
+66,247
| +50% | +$3.51M |
|
1293
CION Investment
CION
$315M
| $10.6M | 0.01% |
963,731
+17,789
| +2% | +$196K |
|
1294
iShares US Regional Banks ETF
IAT
$689M
| $10.6M | 0.01% |
244,056
-11,003
| -4% | -$451K |
|
1295
Crocs
CROX
$6.77B
| $10.6M | 0.01% |
73,544
+2,987
| +4% | +$340K |
|
1296
ClearBridge Large Cap Growth Select ETF
LRGE
$381M
| $10.6M | 0.01% |
157,468
+7,976
| +5% | +$512K |
|
1297
State Street SPDR Global Dow ETF
DGT
$626M
| $10.5M | 0.01% |
81,705
+26,200
| +47% | +$3.2M |
|
1298
NNN REIT
NNN
$8.97B
| $10.5M | 0.01% |
245,161
+29,963
| +14% | +$1.25M |
|
1299
Cognizant
CTSH
$25.3B
| $10.5M | 0.01% |
142,968
+1,385
| +1% | +$106K |
|
1300
Service Corp International
SCI
$11.7B
| $10.5M | 0.01% |
140,869
-4,497
| -3% | -$317K |
|
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.