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 | |
|---|---|---|---|---|---|---|
2201
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.02B
| $2.92M | ﹤0.01% |
112,701
-4,503
| -4% | -$113K |
|
|
PDT
2202
John Hancock Premium Dividend Fund
PDT
$621M
| $2.92M | ﹤0.01% |
250,754
-30,496
| -11% | -$341K |
|
2203
Novanta
NOVT
$6.01B
| $2.91M | ﹤0.01% |
16,678
-148
| -0.9% | -$24.3K |
|
2204
EPAM Systems
EPAM
$4.91B
| $2.91M | ﹤0.01% |
10,527
-472
| -4% | -$139K |
|
2205
ProShares Short QQQ
PSQ
$723M
| $2.9M | ﹤0.01% |
66,319
-24,477
| -27% | -$1.12M |
|
2206
Axcelis
ACLS
$4.28B
| $2.9M | ﹤0.01% |
26,047
+3,496
| +16% | +$417K |
|
|
TPHE
2207
DELISTED
Timothy Plan High Dividend Stock Enhanced ETF
TPHE
| $2.9M | ﹤0.01% |
117,533
-215,430
| -65% | -$4.95M |
|
2208
PUT
NextEra Energy
NEE
$175B
| $2.9M | ﹤0.01% |
453
-7,047
| -94% | -$413K |
|
|
HGLB
2209
Highland Global Allocation Fund
HGLB
$179M
| $2.89M | ﹤0.01% |
377,840
+18,494
| +5% | +$146K |
|
2210
Hull Tactical US ETF
HTUS
$163M
| $2.89M | ﹤0.01% |
72,381
-3,133
| -4% | -$118K |
|
2211
Lithia Motors
LAD
$8.24B
| $2.89M | ﹤0.01% |
9,603
-546
| -5% | -$161K |
|
2212
Wingstop
WING
$3.17B
| $2.89M | ﹤0.01% |
7,885
+466
| +6% | +$145K |
|
2213
WillScot Mobile Mini Holdings
WSC
$4.77B
| $2.89M | ﹤0.01% |
62,105
+17,446
| +39% | +$811K |
|
2214
Amkor Technology
AMKR
$13.9B
| $2.88M | ﹤0.01% |
89,465
+7,611
| +9% | +$241K |
|
2215
PubMatic
PUBM
$806M
| $2.88M | ﹤0.01% |
121,474
+52,570
| +76% | +$942K |
|
2216
PTC
PTC
$16.1B
| $2.88M | ﹤0.01% |
15,249
+2,571
| +20% | +$463K |
|
|
LAC
2217
Lithium Americas
LAC
$1.11B
| $2.88M | ﹤0.01% |
428,620
+66,711
| +18% | +$346K |
|
|
MMD
2218
MainStay MacKay DefinedTerm Municipal Opportunities Fund
MMD
$282M
| $2.88M | ﹤0.01% |
176,130
+58,119
| +49% | +$955K |
|
2219
Inspire Global Hope ETF
BLES
$163M
| $2.88M | ﹤0.01% |
76,595
+31,232
| +69% | +$1.12M |
|
2220
Burlington
BURL
$23.3B
| $2.88M | ﹤0.01% |
12,385
+1,343
| +12% | +$274K |
|
2221
Teradata
TDC
$2.52B
| $2.87M | ﹤0.01% |
74,314
-2,321
| -3% | -$97.9K |
|
2222
Inspire Small/Mid Cap Impact ETF
ISMD
$349M
| $2.87M | ﹤0.01% |
79,780
+28,800
| +56% | +$986K |
|
2223
Robert Half
RHI
$4.25B
| $2.87M | ﹤0.01% |
36,219
+62
| +0.2% | +$5K |
|
2224
Qorvo
QRVO
$8.47B
| $2.87M | ﹤0.01% |
24,984
+3,264
| +15% | +$360K |
|
2225
Invesco Global Water ETF
PIO
$283M
| $2.86M | ﹤0.01% |
66,256
+2,960
| +5% | +$118K |
|
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.