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 | |
|---|---|---|---|---|---|---|
1501
FMC
FMC
$1.35B
| $7.6M | ﹤0.01% |
119,268
+19,761
| +20% | +$1.15M |
|
1502
Teradyne
TER
$60.9B
| $7.6M | ﹤0.01% |
67,333
-60,947
| -48% | -$6.35M |
|
1503
State Street SPDR S&P North American Natural Resources ETF
NANR
$764M
| $7.6M | ﹤0.01% |
139,164
-911
| -0.7% | -$45.2K |
|
1504
CenterPoint Energy
CNP
$26.8B
| $7.59M | ﹤0.01% |
266,436
-9,132
| -3% | -$256K |
|
1505
WisdomTree Managed Futures Strategy Fund
WTMF
$248M
| $7.58M | ﹤0.01% |
202,251
+1,740
| +0.9% | +$62.5K |
|
1506
United Airlines
UAL
$43.1B
| $7.57M | ﹤0.01% |
158,150
+6,403
| +4% | +$274K |
|
1507
BlackRock Multi-Sector Income Trust
BIT
$701M
| $7.55M | ﹤0.01% |
475,442
+36,878
| +8% | +$568K |
|
1508
iShares MSCI Emerging Markets Asia ETF
EEMA
$856M
| $7.54M | ﹤0.01% |
110,729
-1,951
| -2% | -$128K |
|
1509
Cardlytics
CDLX
$23.8M
| $7.52M | ﹤0.01% |
51,885
+6,545
| +14% | +$553K |
|
1510
JPMorgan Diversified Return International Equity ETF
JPIN
$372M
| $7.5M | ﹤0.01% |
133,129
+7,943
| +6% | +$432K |
|
1511
Labcorp
LH
$25.4B
| $7.48M | ﹤0.01% |
34,227
-53,312
| -61% | -$11.7M |
|
1512
Schwab International Small-Cap Equity ETF
SCHC
$5.59B
| $7.47M | ﹤0.01% |
208,641
-3,635
| -2% | -$125K |
|
1513
First Trust Nasdaq Bank ETF
FTXO
$314M
| $7.45M | ﹤0.01% |
274,616
-120,184
| -30% | -$3.04M |
|
1514
The Mosaic Company
MOS
$7.44B
| $7.44M | ﹤0.01% |
229,278
-14,812
| -6% | -$472K |
|
|
POWR
1515
iShares U.S. Power Infrastructure ETF
POWR
$456M
| $7.4M | ﹤0.01% |
279,201
+9,209
| +3% | +$226K |
|
1516
Gabelli Dividend & Income Trust
GDV
$2.64B
| $7.38M | ﹤0.01% |
321,048
-32,615
| -9% | -$716K |
|
1517
Lincoln National
LNC
$8.98B
| $7.35M | ﹤0.01% |
230,291
+26,809
| +13% | +$740K |
|
1518
Global X S&P 500 Catholic Values ETF
CATH
$1.33B
| $7.35M | ﹤0.01% |
115,473
+15,584
| +16% | +$942K |
|
|
IMVP
1519
Invesco India ETF
IMVP
$115M
| $7.35M | ﹤0.01% |
274,909
+61,644
| +29% | +$1.62M |
|
1520
Markel Group
MKL
$23.3B
| $7.34M | ﹤0.01% |
4,824
+999
| +26% | +$1.46M |
|
1521
Ameren
AEE
$30.2B
| $7.34M | ﹤0.01% |
99,201
-5,448
| -5% | -$387K |
|
1522
Canadian Natural Resources
CNQ
$93.3B
| $7.34M | ﹤0.01% |
192,242
+4,388
| +2% | +$147K |
|
1523
Regency Centers
REG
$14.5B
| $7.33M | ﹤0.01% |
121,047
-710
| -0.6% | -$44K |
|
1524
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.36B
| $7.33M | ﹤0.01% |
80,728
-9,313
| -10% | -$802K |
|
1525
Innovator US Equity Power Buffer ETF September
PSEP
$846M
| $7.33M | ﹤0.01% |
200,759
+38,197
| +23% | +$1.36M |
|
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.