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 | |
|---|---|---|---|---|---|---|
1551
Fidelity Dividend ETF for Rising Rates
FDRR
$760M
| $7.1M | ﹤0.01% |
152,495
+17,298
| +13% | +$775K |
|
1552
Restaurant Brands International
QSR
$25.8B
| $7.07M | ﹤0.01% |
88,998
+5,800
| +7% | +$452K |
|
1553
Fidelity Enhanced Mid Cap Core ETF
FMDE
$7.94B
| $7.06M | ﹤0.01% |
231,270
+162,773
| +238% | +$4.63M |
|
1554
Western Digital
WDC
$179B
| $7.05M | ﹤0.01% |
136,776
+26,163
| +24% | +$1.15M |
|
1555
Freshpet
FRPT
$3.51B
| $7.04M | ﹤0.01% |
60,775
+56,671
| +1,381% | +$5.48M |
|
1556
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$576M
| $7.04M | ﹤0.01% |
277,524
+6,753
| +2% | +$172K |
|
|
ETJ
1557
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$569M
| $7.02M | ﹤0.01% |
841,281
+10,733
| +1% | +$87.7K |
|
|
DSL
1558
DoubleLine Income Solutions Fund
DSL
$1.22B
| $7.01M | ﹤0.01% |
552,196
+70,398
| +15% | +$884K |
|
1559
Simplify Enhanced Income ETF
HIGH
$70.9M
| $6.98M | ﹤0.01% |
286,243
+215,503
| +305% | +$5.29M |
|
1560
iShares Yield Optimized Bond ETF
BYLD
$448M
| $6.98M | ﹤0.01% |
312,206
+175,988
| +129% | +$3.92M |
|
1561
Cambria Tail Risk ETF
TAIL
$146M
| $6.97M | ﹤0.01% |
575,347
+6,669
| +1% | +$82.6K |
|
1562
PUT
Newmont
NEM
$110B
| $6.96M | ﹤0.01% |
+1,941
| New | +$66.9K |
|
1563
AB InBev
BUD
$168B
| $6.93M | ﹤0.01% |
114,090
-6,888
| -6% | -$431K |
|
1564
Federal Realty Investment Trust
FRT
$10.5B
| $6.91M | ﹤0.01% |
67,648
+13,786
| +26% | +$1.39M |
|
1565
ICICI Bank
IBN
$109B
| $6.9M | ﹤0.01% |
261,278
-40,931
| -14% | -$1.02M |
|
1566
Innovator US Equity Power Buffer ETF July
PJUL
$1.27B
| $6.88M | ﹤0.01% |
181,179
+27,518
| +18% | +$1.02M |
|
1567
Viatris
VTRS
$20.6B
| $6.88M | ﹤0.01% |
576,260
-40,298
| -7% | -$485K |
|
|
DFAI
1568
Dimensional International Core Equity Market ETF
DFAI
$17.8B
| $6.87M | ﹤0.01% |
227,362
+49,512
| +28% | +$1.43M |
|
1569
Knife River
KNF
$3.85B
| $6.87M | ﹤0.01% |
84,678
+1,987
| +2% | +$139K |
|
1570
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $6.87M | ﹤0.01% |
291,334
+25,147
| +9% | +$595K |
|
1571
First Trust Dividend Strength ETF
FTDS
$39M
| $6.86M | ﹤0.01% |
136,384
-966
| -0.7% | -$45.3K |
|
1572
Trex
TREX
$5.15B
| $6.83M | ﹤0.01% |
68,517
+8,329
| +14% | +$742K |
|
1573
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.23B
| $6.82M | ﹤0.01% |
203,600
+39,791
| +24% | +$1.3M |
|
1574
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.66B
| $6.82M | ﹤0.01% |
561,437
+2,428
| +0.4% | +$28.8K |
|
1575
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$279M
| $6.8M | ﹤0.01% |
217,317
-7,827
| -3% | -$237K |
|
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.