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 | |
|---|---|---|---|---|---|---|
|
THQ
2176
abrdn Healthcare Opportunities Fund
THQ
$794M
| $3.01M | ﹤0.01% |
149,859
+15,724
| +12% | +$302K |
|
2177
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$250M
| $3.01M | ﹤0.01% |
144,473
+5,570
| +4% | +$111K |
|
2178
Timothy Plan US Small Cap Core ETF
TPSC
$370M
| $3.01M | ﹤0.01% |
81,929
+20,720
| +34% | +$722K |
|
2179
United States Oil Fund
USO
$1.84B
| $3.01M | ﹤0.01% |
38,174
+361
| +1% | +$26K |
|
2180
Silicon Laboratories
SLAB
$7.22B
| $3.01M | ﹤0.01% |
20,909
+5,435
| +35% | +$720K |
|
2181
Wendy's
WEN
$1.4B
| $3M | ﹤0.01% |
159,163
+2,040
| +1% | +$38.3K |
|
2182
InfraCap REIT Preferred ETF
PFFR
$121M
| $3M | ﹤0.01% |
160,263
-2,863
| -2% | -$53.5K |
|
2183
Hasbro
HAS
$13.1B
| $2.98M | ﹤0.01% |
52,795
+7,798
| +17% | +$397K |
|
2184
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.4B
| $2.98M | ﹤0.01% |
75
-3,525
| -98% | -$1.36M |
|
2185
BioNTech
BNTX
$23.2B
| $2.98M | ﹤0.01% |
32,335
+19,648
| +155% | +$1.88M |
|
|
BBBY
2186
Bed Bath & Beyond
BBBY
$442M
| $2.98M | ﹤0.01% |
91,266
+56,750
| +164% | +$1.46M |
|
2187
Global X Social Media ETF
SOCL
$92.2M
| $2.98M | ﹤0.01% |
73,935
+6,393
| +9% | +$255K |
|
2188
Landstar System
LSTR
$6.08B
| $2.98M | ﹤0.01% |
15,435
-3,065
| -17% | -$583K |
|
|
ABFL
2189
Abacus FCF Leaders ETF
ABFL
$539M
| $2.98M | ﹤0.01% |
48,982
-2,067
| -4% | -$121K |
|
2190
HealthEquity
HQY
$8.63B
| $2.97M | ﹤0.01% |
36,363
-1,011
| -3% | -$78.9K |
|
2191
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.53B
| $2.96M | ﹤0.01% |
144,681
+9,319
| +7% | +$190K |
|
2192
Brown-Forman Class B
BF.B
$13B
| $2.96M | ﹤0.01% |
57,348
-1,832
| -3% | -$102K |
|
2193
Strive US Energy ETF
DRLL
$283M
| $2.96M | ﹤0.01% |
94,466
+26,058
| +38% | +$746K |
|
2194
Zions Bancorporation
ZION
$10.2B
| $2.95M | ﹤0.01% |
68,065
+2,859
| +4% | +$118K |
|
2195
First Trust Global Wind Energy ETF
FAN
$281M
| $2.95M | ﹤0.01% |
191,339
-13,772
| -7% | -$212K |
|
2196
BlackRock Health Sciences Trust II
BMEZ
$987M
| $2.94M | ﹤0.01% |
179,464
+10,708
| +6% | +$169K |
|
2197
Verra Mobility
VRRM
$770M
| $2.93M | ﹤0.01% |
117,243
+43,652
| +59% | +$993K |
|
|
MILN
2198
Global X Millennial Consumer ETF
MILN
$102M
| $2.93M | ﹤0.01% |
74,815
+19,145
| +34% | +$706K |
|
2199
iShares Agency Bond ETF
AGZ
$565M
| $2.92M | ﹤0.01% |
27,067
+4,731
| +21% | +$511K |
|
2200
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$67.6M
| $2.92M | ﹤0.01% |
74,424
+23,048
| +45% | +$900K |
|
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.