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 | |
|---|---|---|---|---|---|---|
2076
Power Integrations
POWI
$3.58B
| $3.44M | ﹤0.01% |
48,138
+6,999
| +17% | +$523K |
|
2077
Nuveen California Quality Municipal Income Fund
NAC
$1.85B
| $3.44M | ﹤0.01% |
311,869
+38,136
| +14% | +$420K |
|
2078
Invesco S&P 500 Downside Hedged ETF
PHDG
$64.4M
| $3.43M | ﹤0.01% |
93,360
-23,423
| -20% | -$831K |
|
|
WCC
2079
WESCO International
WCC
$18B
| $3.43M | ﹤0.01% |
20,000
+221
| +1% | +$36.5K |
|
2080
GigaCloud Technology
GCT
$1.86B
| $3.43M | ﹤0.01% |
128,196
+80,997
| +172% | +$2.3M |
|
|
SF
2081
Stifel
SF
$12.6B
| $3.42M | ﹤0.01% |
65,552
-5,071
| -7% | -$250K |
|
2082
Tenet Healthcare
THC
$21B
| $3.42M | ﹤0.01% |
32,494
-3,633
| -10% | -$326K |
|
2083
Unity
U
$18.4B
| $3.41M | ﹤0.01% |
127,761
-11,972
| -9% | -$376K |
|
2084
Toast
TOST
$20B
| $3.41M | ﹤0.01% |
136,863
+15,220
| +13% | +$315K |
|
2085
Davis Select Worldwide ETF
DWLD
$612M
| $3.41M | ﹤0.01% |
104,917
-7,609
| -7% | -$231K |
|
|
CALY
2086
Callaway Golf Company
CALY
$3.17B
| $3.41M | ﹤0.01% |
210,631
+40,830
| +24% | +$580K |
|
2087
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$474M
| $3.4M | ﹤0.01% |
84,933
-20,799
| -20% | -$835K |
|
2088
Equity Residential
EQR
$25.2B
| $3.39M | ﹤0.01% |
53,778
-6,532
| -11% | -$398K |
|
|
PDO
2089
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $3.39M | ﹤0.01% |
257,671
+98,376
| +62% | +$1.27M |
|
2090
Integer Holdings
ITGR
$4.26B
| $3.39M | ﹤0.01% |
29,066
-104
| -0.4% | -$11K |
|
2091
iShares Micro-Cap ETF
IWC
$1.52B
| $3.38M | ﹤0.01% |
27,911
-436
| -2% | -$50.1K |
|
2092
Coca-Cola Consolidated
COKE
$12.5B
| $3.36M | ﹤0.01% |
39,710
-410
| -1% | -$35.3K |
|
2093
Alerian Energy Infrastructure ETF
ENFR
$512M
| $3.36M | ﹤0.01% |
132,060
-34,592
| -21% | -$818K |
|
2094
Westlake Corp
WLK
$9.98B
| $3.35M | ﹤0.01% |
21,950
+1,901
| +9% | +$268K |
|
2095
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$848M
| $3.35M | ﹤0.01% |
138,622
+24,742
| +22% | +$597K |
|
|
RFI
2096
Cohen & Steers Total Return Realty Fund
RFI
$310M
| $3.35M | ﹤0.01% |
281,645
-16,668
| -6% | -$198K |
|
2097
FT Vest US Equity Buffer ETF August
FAUG
$1.2B
| $3.33M | ﹤0.01% |
77,727
+34,803
| +81% | +$1.45M |
|
2098
Invesco Municipal Opportunity Trust
VMO
$664M
| $3.33M | ﹤0.01% |
342,499
+24,458
| +8% | +$235K |
|
2099
Nu Holdings
NU
$67.4B
| $3.33M | ﹤0.01% |
278,757
+184,581
| +196% | +$1.88M |
|
2100
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.23B
| $3.32M | ﹤0.01% |
64,674
-2,369
| -4% | -$121K |
|
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.