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 MSCI USA Quality Factor ETF
QUAL
|
$205M |
| 2 |
Invesco QQQ Trust
QQQ
|
$103M |
| 3 |
First Trust Value Line Dividend Fund
FVD
|
$91.9M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
$89.3M |
| 5 |
iShares MSCI USA Size Factor ETF
SIZE
|
$79M |
Top Sells
| 1 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
$45.2M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
$42.5M |
| 3 |
Invesco FTSE RAFI US 1000 ETF
PRF
|
$41.9M |
| 4 |
Consumer Discretionary Select Sector SPDR Fund
XLY
|
$39.2M |
| 5 |
iShares Short Maturity Bond ETF
NEAR
|
$34.3M |
Sector Composition
| 1 | Technology | 4.07% |
| 2 | Financials | 2.86% |
| 3 | Healthcare | 2.42% |
| 4 | Communication Services | 2.14% |
| 5 | Consumer Discretionary | 2.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Schwab US Dividend Equity ETF
SCHD
$72.5B
| $84M | 0.15% |
1,450,515
+196,082
| +16% | +$11.4M |
|
127
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.36B
| $83.7M | 0.15% |
1,283,432
-66,565
| -5% | -$4.34M |
|
128
Walmart
WMT
$774B
| $83.5M | 0.15% |
702,742
+61,444
| +10% | +$7.3M |
|
129
Bank of America
BAC
$376B
| $82.3M | 0.15% |
2,336,142
+48,144
| +2% | +$1.7M |
|
130
Vanguard Mega Cap Growth ETF
MGK
$28.9B
| $81.2M | 0.15% |
557,457
+26,384
| +5% | +$3.84M |
|
131
Vanguard Health Care ETF
VHT
$15.6B
| $80.9M | 0.15% |
421,687
+39,106
| +10% | +$7.5M |
|
132
Energy Select Sector SPDR Fund
XLE
$27.6B
| $80.7M | 0.15% |
1,344,473
+357,213
| +36% | +$21.4M |
|
|
133
iShares MSCI USA Size Factor ETF
SIZE
$368M
| $80.1M | 0.15% |
822,266
+810,762
| +7,048% | +$79M |
|
134
PepsiCo
PEP
$204B
| $79.3M | 0.14% |
579,915
-10,853
| -2% | -$1.48M |
|
135
SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$10.7B
| $78.6M | 0.14% |
2,225,902
-376,106
| -14% | -$13.3M |
|
136
iShares Russell Mid-Cap Growth ETF
IWP
$20.5B
| $77.9M | 0.14% |
510,734
+42,662
| +9% | +$6.51M |
|
137
Costco
COST
$418B
| $77.4M | 0.14% |
263,326
+11,061
| +4% | +$3.25M |
|
138
SPDR Portfolio S&P 500 Growth ETF
SPYG
$40.4B
| $77.3M | 0.14% |
1,845,048
+471,659
| +34% | +$19.8M |
|
139
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$743M
| $75.4M | 0.14% |
1,538,203
+112,658
| +8% | +$5.52M |
|
140
VanEck Morningstar Wide Moat ETF
MOAT
$12.8B
| $75.2M | 0.14% |
1,372,993
+554,989
| +68% | +$30.4M |
|
141
iShares US Medical Devices ETF
IHI
$4.33B
| $75M | 0.14% |
283,582
+30,731
| +12% | +$8.12M |
|
142
iShares 3-7 Year Treasury Bond ETF
IEI
$16.8B
| $74.4M | 0.14% |
591,340
+126,009
| +27% | +$15.8M |
|
143
Vanguard Total International Stock ETF
VXUS
$102B
| $73.1M | 0.13% |
1,312,836
+7,829
| +0.6% | +$436K |
|
144
Merck
MRK
$210B
| $72.1M | 0.13% |
792,261
+89,114
| +13% | +$8.1M |
|
145
iShares National Muni Bond ETF
MUB
$38.6B
| $71.9M | 0.13% |
631,421
+96,723
| +18% | +$11M |
|
146
McDonald's
MCD
$224B
| $71.2M | 0.13% |
360,421
+40,298
| +13% | +$7.96M |
|
147
Adobe
ADBE
$151B
| $70.9M | 0.13% |
215,108
+16,376
| +8% | +$5.4M |
|
148
iShares Russell 3000 ETF
IWV
$16.6B
| $70.7M | 0.13% |
375,223
-3,833
| -1% | -$722K |
|
149
Vanguard Small-Cap Growth ETF
VBK
$20.1B
| $70M | 0.13% |
352,040
+19,739
| +6% | +$3.92M |
|
150
Schwab US Large-Cap Growth ETF
SCHG
$47.9B
| $69.3M | 0.13% |
745,563
+36,445
| +5% | +$3.39M |
|