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 | |
|---|---|---|---|---|---|---|
|
CHW
1651
Calamos Global Dynamic Income Fund
CHW
$542M
| $6.01M | ﹤0.01% |
923,561
+7,211
| +0.8% | +$44K |
|
1652
RELX
RELX
$63.9B
| $6.01M | ﹤0.01% |
138,777
+13,616
| +11% | +$576K |
|
1653
Pacer US Export Leaders ETF
PEXL
$52.4M
| $6M | ﹤0.01% |
121,242
+30,126
| +33% | +$1.41M |
|
1654
Infosys
INFY
$50.5B
| $6M | ﹤0.01% |
334,691
+195,851
| +141% | +$3.81M |
|
1655
WisdomTree Artificial Intelligence and Innovation Fund
WTAI
$665M
| $5.98M | ﹤0.01% |
287,988
+77,180
| +37% | +$1.59M |
|
1656
iShares iBonds Dec 2032 Term Corporate ETF
IBDX
$1.72B
| $5.98M | ﹤0.01% |
241,082
+84,846
| +54% | +$2.1M |
|
1657
Prospect Capital
PSEC
$1.09B
| $5.96M | ﹤0.01% |
1,079,132
+33,875
| +3% | +$195K |
|
1658
Baker Hughes
BKR
$61.2B
| $5.96M | ﹤0.01% |
177,810
+9,508
| +6% | +$293K |
|
1659
Main BuyWrite ETF
BUYW
$1.3B
| $5.95M | ﹤0.01% |
435,445
+120,296
| +38% | +$1.63M |
|
1660
iShares Global Infrastructure ETF
IGF
$10.8B
| $5.91M | ﹤0.01% |
124,128
+14,713
| +13% | +$676K |
|
1661
Donaldson
DCI
$11.3B
| $5.91M | ﹤0.01% |
79,086
+6,620
| +9% | +$450K |
|
1662
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.34B
| $5.88M | ﹤0.01% |
140,998
-11,154
| -7% | -$450K |
|
1663
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $5.87M | ﹤0.01% |
71,192
-17,931
| -20% | -$1.42M |
|
1664
Global X Dow 30 Covered Call ETF
DJIA
$188M
| $5.86M | ﹤0.01% |
257,297
+141,196
| +122% | +$3.15M |
|
1665
Rambus
RMBS
$10.6B
| $5.86M | ﹤0.01% |
94,867
-1,035
| -1% | -$65.5K |
|
1666
Howmet Aerospace
HWM
$117B
| $5.86M | ﹤0.01% |
85,630
+1,253
| +1% | +$76.8K |
|
1667
State Street SPDR S&P China ETF
GXC
$477M
| $5.86M | ﹤0.01% |
89,054
+61,596
| +224% | +$3.96M |
|
1668
Vanguard US Momentum Factor ETF
VFMO
$1.84B
| $5.86M | ﹤0.01% |
38,705
+1,669
| +5% | +$235K |
|
1669
Tapestry
TPR
$32.2B
| $5.85M | ﹤0.01% |
123,137
+4,047
| +3% | +$174K |
|
1670
First Trust Japan AlphaDEX Fund
FJP
$262M
| $5.84M | ﹤0.01% |
105,956
+8,874
| +9% | +$468K |
|
1671
Organon & Co
OGN
$3.56B
| $5.83M | ﹤0.01% |
310,167
-217,304
| -41% | -$3.73M |
|
1672
Amplify Online Retail ETF
IBUY
$111M
| $5.82M | ﹤0.01% |
100,321
+16,235
| +19% | +$872K |
|
1673
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$279M
| $5.81M | ﹤0.01% |
80,760
-6,977
| -8% | -$488K |
|
1674
FT Vest Growth-100 Buffer ETF June
QJUN
$673M
| $5.81M | ﹤0.01% |
227,738
-48,337
| -18% | -$1.2M |
|
|
WCN
1675
Waste Connections
WCN
$41.5B
| $5.81M | ﹤0.01% |
33,768
+4,905
| +17% | +$788K |
|
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.