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 | |
|---|---|---|---|---|---|---|
1476
Watsco Inc
WSO
$13.8B
| $7.88M | ﹤0.01% |
18,245
+3,413
| +23% | +$1.37M |
|
1477
Warner Bros
WBD
$64.7B
| $7.87M | ﹤0.01% |
901,757
-190,546
| -17% | -$1.84M |
|
|
WCLD
1478
WisdomTree Cloud Computing Fund
WCLD
$292M
| $7.86M | ﹤0.01% |
225,615
+7,036
| +3% | +$245K |
|
1479
CRH
CRH
$66.4B
| $7.85M | ﹤0.01% |
91,039
+18,428
| +25% | +$1.41M |
|
1480
Global X Internet of Things ETF
SNSR
$218M
| $7.83M | ﹤0.01% |
216,234
+12,700
| +6% | +$442K |
|
1481
Fidelity Low Volatility Factor ETF
FDLO
$1.45B
| $7.8M | ﹤0.01% |
138,900
+12,159
| +10% | +$664K |
|
|
HOLX
1482
DELISTED
Hologic
HOLX
| $7.76M | ﹤0.01% |
99,580
-22
| -0% | -$1.64K |
|
1483
BlackRock Enhanced Captial and Income Fund
CII
$1.01B
| $7.74M | ﹤0.01% |
397,190
+15,103
| +4% | +$291K |
|
1484
Ollie's Bargain Outlet
OLLI
$4.72B
| $7.74M | ﹤0.01% |
97,275
+56,014
| +136% | +$4.23M |
|
1485
Fidelity MSCI Real Estate Index ETF
FREL
$1.49B
| $7.73M | ﹤0.01% |
296,471
+8,941
| +3% | +$230K |
|
1486
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$95.2M
| $7.72M | ﹤0.01% |
369,783
-48,755
| -12% | -$1.02M |
|
1487
Teledyne Technologies
TDY
$31.9B
| $7.72M | ﹤0.01% |
17,978
+3,334
| +23% | +$1.43M |
|
1488
State Street SPDR S&P International Dividend ETF
DWX
$527M
| $7.71M | ﹤0.01% |
219,208
-140,709
| -39% | -$4.93M |
|
1489
PIMCO Ultra Short Government Active ETF
BILZ
$1B
| $7.69M | ﹤0.01% |
76,010
+26,024
| +52% | +$2.63M |
|
1490
Allegion
ALLE
$14.2B
| $7.68M | ﹤0.01% |
57,041
+4,169
| +8% | +$534K |
|
1491
Amplify Etho Climate Leadership US ETF
ETHO
$194M
| $7.67M | ﹤0.01% |
131,149
-6,058
| -4% | -$337K |
|
1492
JPMorgan Limited Duration Bond ETF
JPLD
$3.95B
| $7.66M | ﹤0.01% |
150,447
-247
| -0.2% | -$12.5K |
|
1493
Fidelity MSCI Energy Index ETF
FENY
$1.94B
| $7.66M | ﹤0.01% |
296,047
-111,136
| -27% | -$2.62M |
|
1494
Cameco
CCJ
$41.2B
| $7.64M | ﹤0.01% |
176,390
-10,805
| -6% | -$474K |
|
1495
Innovator US Equity Power Buffer ETF December
PDEC
$996M
| $7.64M | ﹤0.01% |
208,766
+116,742
| +127% | +$4.18M |
|
|
BSMP
1496
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $7.64M | ﹤0.01% |
313,868
-47,342
| -13% | -$1.16M |
|
1497
Brookfield
BN
$109B
| $7.63M | ﹤0.01% |
273,178
-18,563
| -6% | -$501K |
|
|
K
1498
DELISTED
Kellanova
K
| $7.62M | ﹤0.01% |
133,073
+136
| +0.1% | +$7.49K |
|
1499
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $7.62M | ﹤0.01% |
128,242
-3,059
| -2% | -$170K |
|
1500
Wheaton Precious Metals
WPM
$55.4B
| $7.61M | ﹤0.01% |
161,540
+2,352
| +1% | +$106K |
|
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.