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 | |
|---|---|---|---|---|---|---|
2226
Fidelity Quality Factor ETF
FQAL
$1.45B
| $2.86M | ﹤0.01% |
48,449
+22,366
| +86% | +$1.26M |
|
2227
American Homes 4 Rent
AMH
$12.4B
| $2.85M | ﹤0.01% |
77,593
+5,073
| +7% | +$181K |
|
2228
Aptus Enhanced Yield ETF
JUCY
$317M
| $2.85M | ﹤0.01% |
122,061
+42,709
| +54% | +$1.01M |
|
2229
Curtiss-Wright
CW
$26.4B
| $2.85M | ﹤0.01% |
11,134
+774
| +7% | +$180K |
|
2230
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$974M
| $2.85M | ﹤0.01% |
146,579
+27,044
| +23% | +$526K |
|
2231
Alpha Architect US Quantitative Momentum ETF
QMOM
$434M
| $2.85M | ﹤0.01% |
48,133
+9,822
| +26% | +$534K |
|
2232
BioMarin Pharmaceuticals
BMRN
$11.9B
| $2.84M | ﹤0.01% |
32,482
+1,258
| +4% | +$113K |
|
2233
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.63B
| $2.83M | ﹤0.01% |
85,059
+942
| +1% | +$29.7K |
|
2234
Tortoise North American Pipeline ETF
TPYP
$861M
| $2.82M | ﹤0.01% |
100,987
-38,558
| -28% | -$1.02M |
|
|
CCD
2235
Calamos Dynamic Convertible & Income Fund
CCD
$728M
| $2.82M | ﹤0.01% |
129,205
+2,149
| +2% | +$45.1K |
|
2236
State Street Blackstone High Income ETF
HYBL
$571M
| $2.82M | ﹤0.01% |
99,213
+28,320
| +40% | +$796K |
|
2237
FT Vest Growth-100 Buffer ETF December
QDEC
$696M
| $2.81M | ﹤0.01% |
113,244
+21,093
| +23% | +$513K |
|
2238
HCI Group
HCI
$2.31B
| $2.81M | ﹤0.01% |
+24,217
| New | +$2.38M |
|
|
SKX
2239
DELISTED
Skechers
SKX
| $2.81M | ﹤0.01% |
45,866
+6,020
| +15% | +$367K |
|
|
NS
2240
DELISTED
NuStar Energy L.P.
NS
| $2.8M | ﹤0.01% |
120,497
-17,125
| -12% | -$378K |
|
2241
Royal Gold
RGLD
$18.5B
| $2.8M | ﹤0.01% |
22,994
+1,148
| +5% | +$130K |
|
2242
HEICO Corp
HEI
$50.8B
| $2.8M | ﹤0.01% |
14,657
-97
| -0.7% | -$18K |
|
2243
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$584M
| $2.8M | ﹤0.01% |
76,019
+12,357
| +19% | +$426K |
|
2244
Scotiabank
BNS
$108B
| $2.79M | ﹤0.01% |
53,966
-6,688
| -11% | -$321K |
|
2245
Insulet
PODD
$9.66B
| $2.79M | ﹤0.01% |
16,296
-2,076
| -11% | -$387K |
|
2246
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$435M
| $2.79M | ﹤0.01% |
26,931
-6,036
| -18% | -$609K |
|
2247
Shift4
FOUR
$3.44B
| $2.79M | ﹤0.01% |
42,226
-12,504
| -23% | -$941K |
|
2248
PUT
APA Corp
APA
$12.9B
| $2.79M | ﹤0.01% |
+811
| New | +$25.7K |
|
2249
FlexShares US Quality Large Cap Index Fund
QLC
$1.04B
| $2.79M | ﹤0.01% |
47,330
+6,721
| +17% | +$374K |
|
2250
Invesco BulletShares 2031 Municipal Bond ETF
BSMV
$187M
| $2.78M | ﹤0.01% |
130,605
+82,000
| +169% | +$1.76M |
|
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.