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 | |
|---|---|---|---|---|---|---|
|
DOCU
1426
DocuSign
DOCU
$10.9B
| $8.78M | ﹤0.01% |
147,360
-11,637
| -7% | -$657K |
|
|
HFRO
1427
Highland Opportunities and Income Fund
HFRO
$407M
| $8.77M | ﹤0.01% |
1,248,120
-195,230
| -14% | -$1.32M |
|
1428
Centene
CNC
$33.6B
| $8.75M | ﹤0.01% |
111,541
+3,071
| +3% | +$237K |
|
1429
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$868M
| $8.72M | ﹤0.01% |
392,005
+74,170
| +23% | +$1.65M |
|
|
FSCS
1430
First Trust SMID Capital Strength ETF
FSCS
$59.3M
| $8.68M | ﹤0.01% |
262,224
-137,149
| -34% | -$4.29M |
|
1431
BlackRock Credit Allocation Income Trust
BTZ
$937M
| $8.61M | ﹤0.01% |
805,469
+307,028
| +62% | +$3.3M |
|
1432
Schwab Fundamental US Small Company Index ETF
FNDA
$9.37B
| $8.61M | ﹤0.01% |
301,824
+107,570
| +55% | +$2.93M |
|
1433
Targa Resources
TRGP
$56B
| $8.6M | ﹤0.01% |
76,773
+2,092
| +3% | +$197K |
|
1434
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$308M
| $8.53M | ﹤0.01% |
472,591
+39,329
| +9% | +$712K |
|
1435
Everest Group
EG
$14.3B
| $8.53M | ﹤0.01% |
21,450
+4,895
| +30% | +$1.84M |
|
1436
Stanley Black & Decker
SWK
$15.5B
| $8.51M | ﹤0.01% |
86,924
-1,125
| -1% | -$104K |
|
1437
Schwab US REIT ETF
SCHH
$11.4B
| $8.51M | ﹤0.01% |
419,032
+29,543
| +8% | +$592K |
|
1438
iMGP DBi Managed Futures Strategy ETF
DBMF
$4.11B
| $8.5M | ﹤0.01% |
296,228
+57,006
| +24% | +$1.54M |
|
1439
Dynatrace
DT
$14.8B
| $8.49M | ﹤0.01% |
182,756
+46,150
| +34% | +$2.4M |
|
1440
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $8.47M | ﹤0.01% |
168,953
+18,532
| +12% | +$928K |
|
1441
Roku
ROKU
$21.7B
| $8.47M | ﹤0.01% |
129,899
+6,617
| +5% | +$515K |
|
1442
Sixth Street Specialty
TSLX
$1.67B
| $8.46M | ﹤0.01% |
394,899
+14,888
| +4% | +$320K |
|
1443
VanEck Pharmaceutical ETF
PPH
$925M
| $8.46M | ﹤0.01% |
93,293
+24,580
| +36% | +$2.15M |
|
1444
Davis Select US Equity ETF
DUSA
$1.28B
| $8.43M | ﹤0.01% |
208,751
+31,887
| +18% | +$1.2M |
|
1445
Twilio
TWLO
$29.2B
| $8.36M | ﹤0.01% |
136,635
-15,203
| -10% | -$1M |
|
1446
Invesco Senior Income Trust
VVR
$456M
| $8.35M | ﹤0.01% |
1,950,101
+171,396
| +10% | +$712K |
|
1447
Simplify Managed Futures Strategy ETF
CTA
$1.45B
| $8.31M | ﹤0.01% |
333,227
+221,025
| +197% | +$5.44M |
|
1448
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $8.28M | ﹤0.01% |
641,017
+11,709
| +2% | +$149K |
|
1449
Las Vegas Sands
LVS
$30.3B
| $8.28M | ﹤0.01% |
160,174
+4,813
| +3% | +$248K |
|
1450
Principal Financial Group
PFG
$24.4B
| $8.24M | ﹤0.01% |
95,463
-23,521
| -20% | -$1.89M |
|
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.