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 | |
|---|---|---|---|---|---|---|
1876
Dolby
DLB
$5.77B
| $4.48M | ﹤0.01% |
53,436
-13,493
| -20% | -$1.12M |
|
1877
American Airlines Group
AAL
$10.6B
| $4.47M | ﹤0.01% |
291,502
-19,426
| -6% | -$282K |
|
1878
STMicroelectronics
STM
$49.6B
| $4.47M | ﹤0.01% |
103,477
+21,602
| +26% | +$975K |
|
1879
First Trust Indxx Aerospace & Defense ETF
MISL
$796M
| $4.46M | ﹤0.01% |
164,140
+111,678
| +213% | +$2.87M |
|
1880
UBS Group
UBS
$176B
| $4.46M | ﹤0.01% |
145,263
-3,672
| -2% | -$108K |
|
1881
Innovator US Equity Power Buffer ETF August
PAUG
$866M
| $4.45M | ﹤0.01% |
125,690
+33,709
| +37% | +$1.16M |
|
1882
Federated Hermes US Strategic Dividend ETF
FDV
$884M
| $4.44M | ﹤0.01% |
175,722
+27,055
| +18% | +$653K |
|
|
CIK
1883
Credit Suisse Asset Management Income Fund
CIK
$134M
| $4.44M | ﹤0.01% |
1,504,250
+82,274
| +6% | +$248K |
|
1884
Innovator US Equity Buffer ETF April
BAPR
$411M
| $4.42M | ﹤0.01% |
110,512
+10,966
| +11% | +$430K |
|
1885
AutoNation
AN
$6.95B
| $4.42M | ﹤0.01% |
26,695
+6,279
| +31% | +$924K |
|
1886
Nexstar Media Group
NXST
$5.97B
| $4.41M | ﹤0.01% |
25,606
-1,846
| -7% | -$310K |
|
1887
Advance Auto Parts
AAP
$3.47B
| $4.41M | ﹤0.01% |
51,826
+24,725
| +91% | +$1.71M |
|
1888
Synchrony
SYF
$25.5B
| $4.4M | ﹤0.01% |
102,108
-103
| -0.1% | -$4.1K |
|
1889
AptarGroup
ATR
$8.67B
| $4.4M | ﹤0.01% |
30,567
+508
| +2% | +$68.8K |
|
1890
Onto Innovation
ONTO
$15.1B
| $4.4M | ﹤0.01% |
24,288
-1,652
| -6% | -$279K |
|
1891
Bio-Techne
TECH
$11.3B
| $4.39M | ﹤0.01% |
62,410
+19,963
| +47% | +$1.43M |
|
|
NHS
1892
Neuberger High Yield Strategies Fund Inc
NHS
$254M
| $4.39M | ﹤0.01% |
545,001
+32,354
| +6% | +$260K |
|
1893
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.26B
| $4.39M | ﹤0.01% |
111,957
+22,253
| +25% | +$812K |
|
1894
Nice
NICE
$5.86B
| $4.36M | ﹤0.01% |
16,722
+6,548
| +64% | +$1.49M |
|
1895
Capital Group Dividend Growers ETF
CGDG
$5.61B
| $4.35M | ﹤0.01% |
+151,982
| New | +$4.19M |
|
1896
IDEX
IEX
$17.3B
| $4.35M | ﹤0.01% |
17,822
+4,145
| +30% | +$936K |
|
1897
Viking Therapeutics
VKTX
$3.95B
| $4.34M | ﹤0.01% |
52,987
+3,352
| +7% | +$149K |
|
1898
Innovator Growth-100 Power Buffer ETF July
NJUL
$256M
| $4.34M | ﹤0.01% |
75,247
+1,134
| +2% | +$64K |
|
1899
PUT
CVS Health
CVS
$122B
| $4.33M | ﹤0.01% |
543
-9,157
| -94% | -$699K |
|
1900
Coherent
COHR
$73.8B
| $4.33M | ﹤0.01% |
71,383
-214
| -0.3% | -$11.7K |
|
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.