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 | |
|---|---|---|---|---|---|---|
1926
OneMain Financial
OMF
$7.47B
| $4.17M | ﹤0.01% |
81,526
+2,925
| +4% | +$140K |
|
1927
First Trust Horizon Managed Volatility Developed International ETF
HDMV
$17.8M
| $4.16M | ﹤0.01% |
142,224
+4,065
| +3% | +$117K |
|
1928
A.O. Smith
AOS
$8.7B
| $4.16M | ﹤0.01% |
46,519
+10,008
| +27% | +$825K |
|
|
IGD
1929
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $4.16M | ﹤0.01% |
784,620
-25,182
| -3% | -$129K |
|
1930
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$403M
| $4.15M | ﹤0.01% |
66,798
-6,342
| -9% | -$374K |
|
1931
Applied Industrial Technologies
AIT
$13.3B
| $4.15M | ﹤0.01% |
21,015
+1,269
| +6% | +$232K |
|
1932
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$106M
| $4.14M | ﹤0.01% |
91,178
-2,607
| -3% | -$111K |
|
1933
Invesco International Corporate Bond ETF
PICB
$362M
| $4.14M | ﹤0.01% |
185,313
+27,986
| +18% | +$625K |
|
1934
Teleflex
TFX
$5.98B
| $4.14M | ﹤0.01% |
18,312
+5,067
| +38% | +$1.2M |
|
1935
Global X FinTech ETF
FINX
$170M
| $4.14M | ﹤0.01% |
148,513
-27,440
| -16% | -$700K |
|
1936
Amplify Junior Silver Miners ETF
SILJ
$3.85B
| $4.13M | ﹤0.01% |
416,052
+45,850
| +12% | +$409K |
|
1937
PUT
Eli Lilly
LLY
$1.06T
| $4.12M | ﹤0.01% |
53
-1,047
| -95% | -$745K |
|
1938
Fluor
FLR
$7.96B
| $4.12M | ﹤0.01% |
97,342
+12,315
| +14% | +$473K |
|
1939
SBA Communications
SBAC
$19.5B
| $4.1M | ﹤0.01% |
18,935
-40,370
| -68% | -$8.98M |
|
1940
Invesco S&P SmallCap Industrials ETF
PSCI
$196M
| $4.1M | ﹤0.01% |
32,326
+9,333
| +41% | +$1.09M |
|
1941
GoDaddy
GDDY
$11.5B
| $4.09M | ﹤0.01% |
34,453
+14,182
| +70% | +$1.58M |
|
1942
Qualys
QLYS
$6.35B
| $4.08M | ﹤0.01% |
24,428
+6,361
| +35% | +$1.12M |
|
1943
Franklin Focused Dynamic Growth ETF
FFOG
$342M
| $4.07M | ﹤0.01% |
120,043
+35,658
| +42% | +$1.14M |
|
1944
Antero Midstream
AM
$10.1B
| $4.06M | ﹤0.01% |
288,721
+40,464
| +16% | +$518K |
|
1945
VanEck Biotech ETF
BBH
$422M
| $4.06M | ﹤0.01% |
24,402
+3,517
| +17% | +$582K |
|
1946
Motley Fool Small-Cap Growth ETF
TMFS
$60.1M
| $4.05M | ﹤0.01% |
127,073
-424
| -0.3% | -$12.9K |
|
1947
Amplify Mobile Payments ETF
IPAY
$182M
| $4.04M | ﹤0.01% |
76,776
-4,774
| -6% | -$229K |
|
1948
Willis Towers Watson
WTW
$32B
| $4.03M | ﹤0.01% |
14,662
+1,978
| +16% | +$520K |
|
1949
AeroVironment
AVAV
$9.45B
| $4.02M | ﹤0.01% |
26,225
+10,808
| +70% | +$1.44M |
|
1950
BlackRock Science and Technology Term Trust
BSTZ
$2.07B
| $4M | ﹤0.01% |
206,415
-1,252
| -0.6% | -$22.5K |
|
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.