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 | |
|---|---|---|---|---|---|---|
1626
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$238M
| $6.24M | ﹤0.01% |
142,035
+20,261
| +17% | +$857K |
|
1627
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$3.03B
| $6.24M | ﹤0.01% |
764,206
+3,217
| +0.4% | +$25.4K |
|
1628
Invesco Food & Beverage ETF
PBJ
$108M
| $6.23M | ﹤0.01% |
127,890
-45,286
| -26% | -$2.09M |
|
|
QSIG
1629
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$53.1M
| $6.22M | ﹤0.01% |
130,489
-29,801
| -19% | -$1.42M |
|
1630
Invesco Leisure and Entertainment ETF
PEJ
$255M
| $6.2M | ﹤0.01% |
134,172
-24,129
| -15% | -$1.04M |
|
1631
Etsy
ETSY
$8.15B
| $6.19M | ﹤0.01% |
90,075
+1,475
| +2% | +$106K |
|
1632
Evergy
EVRG
$19.1B
| $6.19M | ﹤0.01% |
115,873
+5,642
| +5% | +$288K |
|
1633
Paycom
PAYC
$8.15B
| $6.17M | ﹤0.01% |
31,026
-27
| -0.1% | -$5.16K |
|
1634
Nuveen Municipal Credit Income Fund
NZF
$2.42B
| $6.17M | ﹤0.01% |
504,241
+63,662
| +14% | +$759K |
|
|
AOD
1635
abrdn Total Dynamic Dividend Fund
AOD
$1.12B
| $6.16M | ﹤0.01% |
743,525
-73,720
| -9% | -$595K |
|
1636
CAVA Group
CAVA
$7.71B
| $6.16M | ﹤0.01% |
87,981
+26,025
| +42% | +$1.4M |
|
1637
Zoom
ZM
$29.5B
| $6.16M | ﹤0.01% |
94,167
-19,370
| -17% | -$1.29M |
|
1638
Selective Insurance
SIGI
$5.76B
| $6.12M | ﹤0.01% |
56,073
+4,231
| +8% | +$436K |
|
1639
Alcoa
AA
$12.6B
| $6.11M | ﹤0.01% |
180,777
+73,193
| +68% | +$2.14M |
|
1640
iShares MSCI USA Equal Weighted ETF
EUSA
$1.87B
| $6.09M | ﹤0.01% |
66,959
-1,924
| -3% | -$166K |
|
1641
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$220M
| $6.09M | ﹤0.01% |
130,622
+6,044
| +5% | +$263K |
|
1642
Natera
NTRA
$39.3B
| $6.09M | ﹤0.01% |
66,593
+4,265
| +7% | +$321K |
|
1643
Hormel Foods
HRL
$13.9B
| $6.06M | ﹤0.01% |
173,672
+13,307
| +8% | +$424K |
|
1644
Pacer Industrial Real Estate ETF
INDS
$117M
| $6.04M | ﹤0.01% |
152,025
-8,234
| -5% | -$326K |
|
1645
AAM S&P 500 High Dividend Value ETF
SPDV
$103M
| $6.04M | ﹤0.01% |
192,382
-479
| -0.2% | -$14.2K |
|
|
CMA
1646
DELISTED
Comerica
CMA
| $6.03M | ﹤0.01% |
109,636
+12,235
| +13% | +$639K |
|
1647
Bank of Montreal
BMO
$127B
| $6.03M | ﹤0.01% |
61,699
+3,224
| +6% | +$304K |
|
1648
Installed Building Products
IBP
$6.51B
| $6.03M | ﹤0.01% |
23,292
+9,155
| +65% | +$1.96M |
|
1649
iShares USD Green Bond ETF
BGRN
$502M
| $6.02M | ﹤0.01% |
128,306
+52,374
| +69% | +$2.45M |
|
|
DFP
1650
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$426M
| $6.01M | ﹤0.01% |
313,681
+24,922
| +9% | +$463K |
|
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.