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 | |
|---|---|---|---|---|---|---|
2251
Innovative Industrial Properties
IIPR
$1.69B
| $2.78M | ﹤0.01% |
26,879
+7,008
| +35% | +$668K |
|
2252
BrandywineGLOBAL Dynamic US Large Cap Value ETF
DVAL
$72.1M
| $2.78M | ﹤0.01% |
202,892
-3,199
| -2% | -$40.7K |
|
2253
New Mountain Finance
NMFC
$723M
| $2.78M | ﹤0.01% |
219,044
+81,998
| +60% | +$1.04M |
|
2254
FT Vest Growth-100 Buffer ETF March
QMAR
$575M
| $2.77M | ﹤0.01% |
104,486
-23,895
| -19% | -$621K |
|
2255
Compass Diversified
CODI
$810M
| $2.77M | ﹤0.01% |
115,002
-11,822
| -9% | -$269K |
|
2256
Pacer Emerging Markets Cash Cows 100 ETF
ECOW
$222M
| $2.76M | ﹤0.01% |
137,427
+37,578
| +38% | +$740K |
|
2257
US Commodity Index
USCI
$364M
| $2.76M | ﹤0.01% |
45,279
-2,666
| -6% | -$155K |
|
2258
Innovator US Equity Buffer ETF January
BJAN
$347M
| $2.76M | ﹤0.01% |
63,356
+29,546
| +87% | +$1.25M |
|
2259
PGIM AAA CLO ETF
PAAA
$11.2B
| $2.76M | ﹤0.01% |
+54,088
| New | +$2.75M |
|
2260
MDU Resources
MDU
$4.34B
| $2.76M | ﹤0.01% |
197,371
-8,921
| -4% | -$103K |
|
2261
Imperial Oil
IMO
$61.1B
| $2.75M | ﹤0.01% |
39,756
+116
| +0.3% | +$7.08K |
|
2262
Allison Transmission
ALSN
$9.6B
| $2.74M | ﹤0.01% |
33,797
-7,667
| -18% | -$517K |
|
2263
Avantis Real Estate ETF
AVRE
$871M
| $2.74M | ﹤0.01% |
64,839
+4,015
| +7% | +$168K |
|
2264
AerCap
AER
$24.4B
| $2.74M | ﹤0.01% |
31,512
-1,025
| -3% | -$80.5K |
|
2265
BlackRock Health Sciences Trust
BME
$562M
| $2.73M | ﹤0.01% |
65,893
-410
| -0.6% | -$17.2K |
|
2266
Glacier Bancorp
GBCI
$6.32B
| $2.73M | ﹤0.01% |
67,657
+17,597
| +35% | +$682K |
|
2267
WBI BullBear Quality 3000 ETF
WBIL
$29.3M
| $2.72M | ﹤0.01% |
78,599
-5,053
| -6% | -$164K |
|
|
RMT
2268
Royce Micro-Cap Trust
RMT
$751M
| $2.72M | ﹤0.01% |
288,109
+16,049
| +6% | +$147K |
|
2269
Icahn Enterprises
IEP
$5.42B
| $2.72M | ﹤0.01% |
159,872
+18,863
| +13% | +$347K |
|
2270
Kinross Gold
KGC
$30.4B
| $2.72M | ﹤0.01% |
443,128
-106,754
| -19% | -$581K |
|
|
FLG
2271
Flagstar Bank National Association
FLG
$5.9B
| $2.71M | ﹤0.01% |
280,937
+177,602
| +172% | +$3.28M |
|
2272
iShares iBonds Dec 2031 Term Treasury ETF
IBTL
$649M
| $2.71M | ﹤0.01% |
134,524
+5,804
| +5% | +$117K |
|
|
HPI
2273
John Hancock Preferred Income Fund
HPI
$431M
| $2.71M | ﹤0.01% |
162,998
+6,048
| +4% | +$97.5K |
|
2274
Globant
GLOB
$1.61B
| $2.69M | ﹤0.01% |
13,333
+2,767
| +26% | +$621K |
|
|
CSW
2275
CSW Industrials
CSW
$5.67B
| $2.69M | ﹤0.01% |
11,467
-62
| -0.5% | -$13.8K |
|
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.