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 | |
|---|---|---|---|---|---|---|
1801
ResMed
RMD
$32.5B
| $4.89M | ﹤0.01% |
24,682
+4,262
| +21% | +$781K |
|
1802
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.58B
| $4.87M | ﹤0.01% |
96,788
+6,397
| +7% | +$321K |
|
1803
Chemed
CHE
$7.15B
| $4.87M | ﹤0.01% |
7,589
+1,539
| +25% | +$935K |
|
1804
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$654M
| $4.87M | ﹤0.01% |
193,463
+30,949
| +19% | +$782K |
|
1805
FlexShares STOXX US ESG Select Index Fund
ESG
$136M
| $4.87M | ﹤0.01% |
38,465
+574
| +2% | +$69.5K |
|
1806
Golub Capital BDC
GBDC
$3.4B
| $4.87M | ﹤0.01% |
292,650
+19,056
| +7% | +$298K |
|
1807
Advanced Drainage Systems
WMS
$11.4B
| $4.86M | ﹤0.01% |
28,236
+11,317
| +67% | +$1.7M |
|
1808
HEICO Corp Class A
HEI.A
$36.9B
| $4.86M | ﹤0.01% |
31,583
+2,594
| +9% | +$384K |
|
1809
NiSource
NI
$20.5B
| $4.86M | ﹤0.01% |
175,758
-56,019
| -24% | -$1.47M |
|
1810
Invesco S&P Global Water Index ETF
CGW
$1.08B
| $4.85M | ﹤0.01% |
87,305
-4,791
| -5% | -$253K |
|
|
LEAD
1811
DELISTED
Siren DIVCON Leaders Dividend ETF
LEAD
| $4.83M | ﹤0.01% |
73,116
+11,269
| +18% | +$709K |
|
1812
Simplify Aggregate Bond ETF
AGGH
$577M
| $4.83M | ﹤0.01% |
+225,377
| New | +$4.87M |
|
1813
WisdomTree Global High Dividend Fund
DEW
$154M
| $4.82M | ﹤0.01% |
94,758
-55,740
| -37% | -$2.72M |
|
1814
XPO
XPO
$23.2B
| $4.81M | ﹤0.01% |
39,408
+6,529
| +20% | +$699K |
|
1815
Franklin US Core Bond ETF
FLCB
$3.03B
| $4.81M | ﹤0.01% |
225,316
+40,495
| +22% | +$863K |
|
1816
Franklin FTSE India ETF
FLIN
$2.68B
| $4.81M | ﹤0.01% |
130,480
+59,251
| +83% | +$2.14M |
|
1817
Invesco BulletShares 2027 Municipal Bond ETF
BSMR
$347M
| $4.79M | ﹤0.01% |
202,685
+24,274
| +14% | +$577K |
|
1818
Aptus Collared Investment Opportunity ETF
ACIO
$2.42B
| $4.79M | ﹤0.01% |
132,947
+59,979
| +82% | +$2.07M |
|
1819
Ovintiv
OVV
$16.5B
| $4.79M | ﹤0.01% |
92,246
+1,190
| +1% | +$54.2K |
|
1820
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.77B
| $4.79M | ﹤0.01% |
172,441
+4,655
| +3% | +$126K |
|
1821
PUT
Pfizer
PFE
$148B
| $4.78M | ﹤0.01% |
1,724
-27,076
| -94% | -$751K |
|
1822
JD.com
JD
$43.8B
| $4.78M | ﹤0.01% |
174,664
+68,373
| +64% | +$1.67M |
|
1823
Invesco BulletShares 2028 Municipal Bond ETF
BSMS
$311M
| $4.77M | ﹤0.01% |
202,942
+26,496
| +15% | +$625K |
|
1824
Woodward
WWD
$21.6B
| $4.76M | ﹤0.01% |
30,881
+896
| +3% | +$126K |
|
1825
iShares S&P India Nifty 50 Index Fund
INDY
$567M
| $4.76M | ﹤0.01% |
94,344
+22,617
| +32% | +$1.13M |
|
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.