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 | |
|---|---|---|---|---|---|---|
2001
Lakeland Financial Corp
LKFN
$1.54B
| $3.79M | ﹤0.01% |
57,187
+3,158
| +6% | +$204K |
|
2002
Gladstone Capital
GLAD
$446M
| $3.79M | ﹤0.01% |
176,674
+343
| +0.2% | +$7.2K |
|
2003
Invesco BulletShares 2029 High Yield Corporate Bond ETF
BSJT
$563M
| $3.77M | ﹤0.01% |
178,069
+153,194
| +616% | +$3.24M |
|
2004
Pacer Trendpilot Fund of Funds ETF
TRND
$63.2M
| $3.77M | ﹤0.01% |
119,376
-2,186
| -2% | -$66.3K |
|
2005
FT Vest US Equity Buffer ETF December
FDEC
$1.35B
| $3.77M | ﹤0.01% |
91,374
+50,327
| +123% | +$2.02M |
|
2006
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.19B
| $3.76M | ﹤0.01% |
139,325
-22,781
| -14% | -$587K |
|
2007
On Holding
ONON
$12.6B
| $3.76M | ﹤0.01% |
106,201
+27,149
| +34% | +$830K |
|
2008
NetEase
NTES
$84.3B
| $3.75M | ﹤0.01% |
36,237
+1,797
| +5% | +$184K |
|
2009
Nuveen Global High Income Fund
JGH
$356M
| $3.74M | ﹤0.01% |
292,958
-18,272
| -6% | -$229K |
|
2010
ScottsMiracle-Gro
SMG
$3.7B
| $3.74M | ﹤0.01% |
50,138
+5,609
| +13% | +$348K |
|
2011
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$35.6M
| $3.74M | ﹤0.01% |
110,023
+5,920
| +6% | +$191K |
|
2012
HDFC Bank
HDB
$121B
| $3.74M | ﹤0.01% |
133,470
-8,398
| -6% | -$238K |
|
2013
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $3.73M | ﹤0.01% |
177,262
-4,663
| -3% | -$98.2K |
|
2014
C.H. Robinson
CHRW
$17.6B
| $3.73M | ﹤0.01% |
48,960
+8,410
| +21% | +$658K |
|
2015
Invesco
IVZ
$14B
| $3.73M | ﹤0.01% |
224,650
+19,387
| +9% | +$313K |
|
2016
Virtus Terranova US Quality Momentum ETF
JOET
$247M
| $3.73M | ﹤0.01% |
108,247
+91,759
| +557% | +$2.96M |
|
2017
iShares Core MSCI Pacific ETF
IPAC
$2.76B
| $3.72M | ﹤0.01% |
58,822
+4,911
| +9% | +$299K |
|
|
ETG
2018
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.85B
| $3.72M | ﹤0.01% |
203,717
+5,999
| +3% | +$106K |
|
2019
Franklin Investment Grade Corporate ETF
FLCO
$556M
| $3.71M | ﹤0.01% |
173,742
+119,780
| +222% | +$2.56M |
|
2020
monday.com
MNDY
$3.93B
| $3.71M | ﹤0.01% |
16,420
+10,492
| +177% | +$2.23M |
|
2021
EXL Service
EXLS
$5.27B
| $3.7M | ﹤0.01% |
116,277
+9,565
| +9% | +$298K |
|
2022
FT Vest US Equity Buffer ETF April
FAPR
$1.29B
| $3.7M | ﹤0.01% |
101,461
+27,973
| +38% | +$1M |
|
2023
Global X S&P 500 Covered Call & Growth ETF
XYLG
$65.8M
| $3.69M | ﹤0.01% |
121,783
-66,367
| -35% | -$1.94M |
|
2024
HSBC
HSBC
$356B
| $3.69M | ﹤0.01% |
93,830
-515
| -0.5% | -$20.1K |
|
2025
QuantumScape Corp
QS
$3.75B
| $3.69M | ﹤0.01% |
586,864
+129,687
| +28% | +$872K |
|
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.