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 | |
|---|---|---|---|---|---|---|
1326
Vertiv
VRT
$104B
| $10M | 0.01% |
122,947
+50,501
| +70% | +$3.17M |
|
1327
Invesco Solar ETF
TAN
$1.51B
| $10M | 0.01% |
221,243
-3,198
| -1% | -$143K |
|
1328
Zebra Technologies
ZBRA
$17.6B
| $10M | 0.01% |
33,280
+825
| +3% | +$221K |
|
1329
Rollins
ROL
$18.2B
| $10M | 0.01% |
216,777
+35,564
| +20% | +$1.57M |
|
1330
Pacer Trendpilot US Bond ETF
PTBD
$86M
| $10M | 0.01% |
490,708
-84,111
| -15% | -$1.71M |
|
1331
VanEck Agribusiness ETF
MOO
$976M
| $9.99M | 0.01% |
132,938
-35,795
| -21% | -$2.61M |
|
1332
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.16B
| $9.98M | 0.01% |
401,154
+91,894
| +30% | +$2.3M |
|
1333
FirstEnergy
FE
$27.9B
| $9.97M | 0.01% |
258,138
+34,411
| +15% | +$1.29M |
|
1334
Starwood Property Trust
STWD
$6.03B
| $9.97M | 0.01% |
490,318
+12,872
| +3% | +$261K |
|
1335
SoFi Technologies
SOFI
$24.1B
| $9.93M | 0.01% |
1,360,082
+371,151
| +38% | +$2.95M |
|
1336
Fortive
FTV
$18.3B
| $9.93M | 0.01% |
153,130
+19,938
| +15% | +$1.21M |
|
1337
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.3B
| $9.89M | 0.01% |
230,901
+20,976
| +10% | +$886K |
|
1338
State Street SPDR S&P Health Care Equipment ETF
XHE
$165M
| $9.89M | 0.01% |
112,425
+17,020
| +18% | +$1.44M |
|
1339
FT Vest US Equity Buffer ETF June
FJUN
$1.39B
| $9.84M | 0.01% |
209,323
-26,942
| -11% | -$1.23M |
|
1340
FlexShares Quality Dividend Defensive Index Fund
QDEF
$558M
| $9.84M | 0.01% |
153,264
+2,439
| +2% | +$150K |
|
1341
State Street SPDR S&P Bank ETF
KBE
$1.69B
| $9.82M | 0.01% |
208,396
-14,172
| -6% | -$636K |
|
1342
Cooper Companies
COO
$14.6B
| $9.8M | 0.01% |
96,604
+17,400
| +22% | +$1.68M |
|
1343
Macerich
MAC
$7.26B
| $9.8M | 0.01% |
568,596
+24,934
| +5% | +$407K |
|
1344
Cohen & Steers Infrastructure Fund
UTF
$3.08B
| $9.78M | 0.01% |
415,099
+55,384
| +15% | +$1.22M |
|
1345
Inspire 100 ETF
BIBL
$495M
| $9.77M | 0.01% |
250,978
+28,123
| +13% | +$1.03M |
|
1346
Williams-Sonoma
WSM
$29.3B
| $9.76M | 0.01% |
61,488
-12,546
| -17% | -$1.46M |
|
1347
PUT
Citigroup
C
$230B
| $9.73M | 0.01% |
1,539
-56,661
| -97% | -$3.15M |
|
1348
BlackRock Core Bond Trust
BHK
$649M
| $9.73M | 0.01% |
900,715
+189,062
| +27% | +$2.02M |
|
1349
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.5B
| $9.72M | 0.01% |
402,489
-3,613
| -0.9% | -$84.9K |
|
1350
First Trust Europe AlphaDEX Fund
FEP
$530M
| $9.71M | 0.01% |
258,274
-6,752
| -3% | -$244K |
|
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.