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 | |
|---|---|---|---|---|---|---|
1601
Norwegian Cruise Line
NCLH
$9.32B
| $6.45M | ﹤0.01% |
307,993
-44,783
| -13% | -$814K |
|
1602
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$291M
| $6.44M | ﹤0.01% |
172,067
-34,980
| -17% | -$1.26M |
|
1603
Kinsale Capital Group
KNSL
$8.45B
| $6.44M | ﹤0.01% |
12,276
-3,529
| -22% | -$1.59M |
|
1604
OGE Energy
OGE
$9.71B
| $6.44M | ﹤0.01% |
187,709
-10,901
| -5% | -$366K |
|
1605
VanEck Digital Transformation ETF
DAPP
$233M
| $6.43M | ﹤0.01% |
551,791
+127,173
| +30% | +$1.2M |
|
1606
Dimensional Emerging Core Equity Market ETF
DFAE
$9.59B
| $6.43M | ﹤0.01% |
259,996
-25,337
| -9% | -$607K |
|
1607
CALL
NVIDIA
NVDA
$5.31T
| $6.42M | ﹤0.01% |
710
-21,290
| -97% | -$1.54M |
|
1608
Keurig Dr Pepper
KDP
$41.8B
| $6.41M | ﹤0.01% |
209,141
+15,487
| +8% | +$477K |
|
1609
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.25B
| $6.41M | ﹤0.01% |
32,332
-1,070
| -3% | -$201K |
|
1610
Okta
OKTA
$25.6B
| $6.41M | ﹤0.01% |
61,247
+17,835
| +41% | +$1.65M |
|
1611
JB Hunt Transport Services
JBHT
$25.6B
| $6.41M | ﹤0.01% |
32,153
+5,264
| +20% | +$1.06M |
|
1612
State Street Global Allocation ETF
GAL
$312M
| $6.41M | ﹤0.01% |
148,230
+2,651
| +2% | +$111K |
|
1613
Amdocs
DOX
$5.87B
| $6.4M | ﹤0.01% |
70,860
+2,981
| +4% | +$272K |
|
1614
Plains All American Pipeline
PAA
$16.3B
| $6.4M | ﹤0.01% |
364,583
+48,618
| +15% | +$785K |
|
1615
Sprouts Farmers Market
SFM
$7.94B
| $6.38M | ﹤0.01% |
98,888
+79,235
| +403% | +$4.41M |
|
1616
Medpace
MEDP
$16.4B
| $6.35M | ﹤0.01% |
15,718
+2,470
| +19% | +$868K |
|
1617
Academy Sports + Outdoors
ASO
$2.97B
| $6.35M | ﹤0.01% |
94,054
-25,663
| -21% | -$1.73M |
|
1618
iShares Europe ETF
IEV
$1.69B
| $6.35M | ﹤0.01% |
114,031
+4,460
| +4% | +$238K |
|
1619
State Street SPDR S&P Global Dividend ETF
WDIV
$279M
| $6.34M | ﹤0.01% |
105,701
+2,029
| +2% | +$120K |
|
1620
Quest Diagnostics
DGX
$26B
| $6.33M | ﹤0.01% |
47,561
+450
| +1% | +$58.4K |
|
1621
CF Industries
CF
$17.9B
| $6.3M | ﹤0.01% |
75,729
-2,819
| -4% | -$225K |
|
1622
BlackRock Science and Technology Trust
BST
$1.69B
| $6.3M | ﹤0.01% |
170,617
+10,415
| +7% | +$375K |
|
1623
Jabil
JBL
$35.5B
| $6.29M | ﹤0.01% |
46,974
+4,104
| +10% | +$551K |
|
1624
Invesco Biotechnology & Genome ETF
PBE
$289M
| $6.28M | ﹤0.01% |
97,066
+14,003
| +17% | +$911K |
|
1625
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$431M
| $6.25M | ﹤0.01% |
44,757
+12,007
| +37% | +$1.52M |
|
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.