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 | |
|---|---|---|---|---|---|---|
1701
UiPath
PATH
$7.16B
| $5.51M | ﹤0.01% |
243,097
+97,425
| +67% | +$2.28M |
|
1702
Invesco S&P SmallCap Health Care ETF
PSCH
$166M
| $5.51M | ﹤0.01% |
125,974
+58,144
| +86% | +$2.47M |
|
1703
International Flavors & Fragrances
IFF
$22.5B
| $5.51M | ﹤0.01% |
64,076
-44,601
| -41% | -$3.58M |
|
1704
WisdomTree International SmallCap Dividend Fund
DLS
$1.07B
| $5.51M | ﹤0.01% |
84,453
+19,505
| +30% | +$1.24M |
|
1705
iShares US Equity Factor ETF
LRGF
$3.69B
| $5.51M | ﹤0.01% |
102,313
-60,614
| -37% | -$3.08M |
|
1706
US Treasury 10 Year Note ETF
UTEN
$289M
| $5.5M | ﹤0.01% |
124,948
-2,767
| -2% | -$122K |
|
1707
VanEck Video Gaming and eSports ETF
ESPO
$244M
| $5.48M | ﹤0.01% |
87,688
+7,776
| +10% | +$466K |
|
1708
Nuveen ESG US Aggregate Bond ETF
NUBD
$465M
| $5.47M | ﹤0.01% |
248,888
+23,498
| +10% | +$516K |
|
1709
Houlihan Lokey
HLI
$8.96B
| $5.47M | ﹤0.01% |
42,654
+6,153
| +17% | +$761K |
|
1710
iShares Global Consumer Staples ETF
KXI
$1.07B
| $5.46M | ﹤0.01% |
89,461
-79,234
| -47% | -$4.74M |
|
|
GUT
1711
Gabelli Utility Trust
GUT
$570M
| $5.46M | ﹤0.01% |
1,008,790
-147,814
| -13% | -$781K |
|
1712
Invesco DB Oil Fund
DBO
$356M
| $5.45M | ﹤0.01% |
350,963
-244,138
| -41% | -$3.57M |
|
1713
AdvisorShares Focused Equity ETF
CWS
$134M
| $5.45M | ﹤0.01% |
85,524
+39,294
| +85% | +$2.39M |
|
1714
Leggett & Platt
LEG
$1.4B
| $5.43M | ﹤0.01% |
283,335
-62,776
| -18% | -$1.36M |
|
1715
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $5.4M | ﹤0.01% |
471,372
+35,420
| +8% | +$400K |
|
1716
Petrobras
PBR
$118B
| $5.4M | ﹤0.01% |
355,073
+47,373
| +15% | +$771K |
|
1717
Invesco S&P SmallCap Information Technology ETF
PSCT
$515M
| $5.4M | ﹤0.01% |
116,285
+21,010
| +22% | +$975K |
|
1718
Yum China
YUMC
$16.3B
| $5.4M | ﹤0.01% |
135,602
+8,496
| +7% | +$335K |
|
1719
Corpay
CPAY
$25.8B
| $5.39M | ﹤0.01% |
17,473
-3,062
| -15% | -$879K |
|
1720
iShares New York Muni Bond ETF
NYF
$1.39B
| $5.39M | ﹤0.01% |
100,170
+10,254
| +11% | +$553K |
|
1721
Coca-Cola Europacific Partners
CCEP
$48B
| $5.39M | ﹤0.01% |
77,026
-3,154
| -4% | -$217K |
|
1722
Schwab International Dividend Equity ETF
SCHY
$2.52B
| $5.38M | ﹤0.01% |
221,744
+26,852
| +14% | +$653K |
|
1723
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$596M
| $5.35M | ﹤0.01% |
62,376
+16,235
| +35% | +$1.38M |
|
1724
Invesco Quality Municipal Securities
IQI
$528M
| $5.34M | ﹤0.01% |
551,460
+90,286
| +20% | +$863K |
|
1725
BlackRock Debt Strategies Fund
DSU
$593M
| $5.31M | ﹤0.01% |
480,542
+14,435
| +3% | +$159K |
|
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.