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 | |
|---|---|---|---|---|---|---|
1901
BNY Mellon Core Bond ETF
BKAG
$2.22B
| $4.33M | ﹤0.01% |
103,307
+31,180
| +43% | +$1.31M |
|
1902
NetApp
NTAP
$37.3B
| $4.32M | ﹤0.01% |
41,158
-932
| -2% | -$86.4K |
|
1903
iShares iBonds 2026 Term High Yield and Income ETF
IBHF
$808M
| $4.32M | ﹤0.01% |
187,255
+29,367
| +19% | +$674K |
|
1904
PUT
Devon Energy
DVN
$47.7B
| $4.31M | ﹤0.01% |
858
-95,842
| -99% | -$4.25M |
|
1905
Waters Corp
WAT
$39.7B
| $4.3M | ﹤0.01% |
12,490
+2,015
| +19% | +$662K |
|
1906
Nextpower Inc
NXT
$15.5B
| $4.3M | ﹤0.01% |
76,334
+66,474
| +674% | +$3.54M |
|
1907
STAG Industrial
STAG
$7.15B
| $4.29M | ﹤0.01% |
111,725
+15,167
| +16% | +$575K |
|
1908
VanEck Long Muni ETF
MLN
$682M
| $4.29M | ﹤0.01% |
238,357
+4,168
| +2% | +$75.1K |
|
1909
Motley Fool Global Opportunities ETF
TMFG
$361M
| $4.28M | ﹤0.01% |
141,137
-74
| -0.1% | -$2.12K |
|
1910
BNY Mellon International Equity ETF
BKIE
$1.34B
| $4.27M | ﹤0.01% |
169,482
+114,855
| +210% | +$2.77M |
|
|
ORAN
1911
DELISTED
Orange
ORAN
| $4.27M | ﹤0.01% |
362,652
+15,274
| +4% | +$179K |
|
1912
Collegium Pharmaceutical
COLL
$937M
| $4.26M | ﹤0.01% |
109,786
-10,092
| -8% | -$353K |
|
1913
Vanguard ESG International Stock ETF
VSGX
$6.73B
| $4.25M | ﹤0.01% |
73,992
-114
| -0.2% | -$6.34K |
|
1914
Range Resources
RRC
$9.02B
| $4.24M | ﹤0.01% |
123,203
+37,507
| +44% | +$1.16M |
|
1915
Matador Resources
MTDR
$6.15B
| $4.24M | ﹤0.01% |
63,458
-2,459
| -4% | -$146K |
|
1916
Invesco International BuyBack Achievers ETF
IPKW
$562M
| $4.24M | ﹤0.01% |
106,631
-1,054
| -1% | -$39.6K |
|
1917
InvenTrust Properties
IVT
$2.59B
| $4.23M | ﹤0.01% |
164,660
+27,425
| +20% | +$691K |
|
1918
Otter Tail
OTTR
$3.92B
| $4.23M | ﹤0.01% |
48,996
-2,564
| -5% | -$223K |
|
1919
VanEck Uranium + Nuclear Energy ETF
NLR
$4.18B
| $4.22M | ﹤0.01% |
55,514
-58,409
| -51% | -$4.35M |
|
1920
Simplify Short Term Treasury Futures Strategy ETF
TUA
$666M
| $4.21M | ﹤0.01% |
192,675
-338
| -0.2% | -$7.57K |
|
1921
Regal Rexnord
RRX
$11.9B
| $4.21M | ﹤0.01% |
23,388
+4,076
| +21% | +$635K |
|
1922
iShares Emerging Markets Equity Factor ETF
EMGF
$1.87B
| $4.21M | ﹤0.01% |
94,565
+699
| +0.7% | +$30.1K |
|
1923
Sarepta Therapeutics
SRPT
$1.75B
| $4.19M | ﹤0.01% |
32,366
+4,228
| +15% | +$518K |
|
|
ASG
1924
Liberty All-Star Growth Fund
ASG
$339M
| $4.18M | ﹤0.01% |
761,674
+68,503
| +10% | +$365K |
|
1925
FT Vest US Equity Deep Buffer ETF August
DAUG
$374M
| $4.17M | ﹤0.01% |
112,756
+18,083
| +19% | +$655K |
|
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.