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 | |
|---|---|---|---|---|---|---|
2276
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.65B
| $2.69M | ﹤0.01% |
73,344
-85,496
| -54% | -$3.05M |
|
2277
Graphic Packaging
GPK
$3.51B
| $2.69M | ﹤0.01% |
92,119
+14,144
| +18% | +$370K |
|
|
PMT
2278
PennyMac Mortgage Investment
PMT
$814M
| $2.69M | ﹤0.01% |
183,047
-1,214
| -0.7% | -$17.4K |
|
2279
Merit Medical Systems
MMSI
$5.24B
| $2.68M | ﹤0.01% |
35,370
+85
| +0.2% | +$6.56K |
|
2280
PUT
US Bancorp
USB
$99.4B
| $2.68M | ﹤0.01% |
599
-30,301
| -98% | -$1.28M |
|
2281
Black Stone Minerals
BSM
$3.02B
| $2.67M | ﹤0.01% |
167,366
-37,417
| -18% | -$593K |
|
2282
Cambria Foreign Shareholder Yield ETF
FYLD
$713M
| $2.67M | ﹤0.01% |
98,916
+16,376
| +20% | +$430K |
|
2283
ePlus
PLUS
$2.36B
| $2.66M | ﹤0.01% |
33,920
+1,386
| +4% | +$108K |
|
2284
Encompass Health
EHC
$12.4B
| $2.66M | ﹤0.01% |
32,232
+1,547
| +5% | +$113K |
|
2285
AXIS Capital
AXS
$7.62B
| $2.66M | ﹤0.01% |
40,876
+1,420
| +4% | +$85K |
|
2286
Invesco Investment Grade Defensive ETF
IIGD
$26.8M
| $2.66M | ﹤0.01% |
110,452
-874
| -0.8% | -$21.1K |
|
2287
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$29.6M
| $2.66M | ﹤0.01% |
23,022
+3,939
| +21% | +$425K |
|
2288
Cenovus Energy
CVE
$52.1B
| $2.66M | ﹤0.01% |
132,841
+13,907
| +12% | +$237K |
|
|
CADE
2289
DELISTED
Cadence Bank
CADE
| $2.66M | ﹤0.01% |
91,561
-8,879
| -9% | -$247K |
|
2290
Ralph Lauren
RL
$23.6B
| $2.66M | ﹤0.01% |
14,141
+1,800
| +15% | +$298K |
|
2291
Northern Oil and Gas
NOG
$2.21B
| $2.65M | ﹤0.01% |
66,864
-16,330
| -20% | -$579K |
|
2292
Cal-Maine
CALM
$3.98B
| $2.65M | ﹤0.01% |
45,069
+4,097
| +10% | +$233K |
|
2293
Global Ship Lease
GSL
$1.54B
| $2.65M | ﹤0.01% |
130,553
+7,391
| +6% | +$151K |
|
2294
Alamos Gold
AGI
$13B
| $2.65M | ﹤0.01% |
179,545
+19,340
| +12% | +$244K |
|
2295
Barings BDC
BBDC
$963M
| $2.64M | ﹤0.01% |
284,206
+29,840
| +12% | +$272K |
|
2296
VanEck Morningstar International Moat ETF
MOTI
$75.8M
| $2.64M | ﹤0.01% |
84,799
-193,343
| -70% | -$5.87M |
|
2297
BlackRock TCP Capital
TCPC
$327M
| $2.64M | ﹤0.01% |
252,890
+41,999
| +20% | +$464K |
|
2298
MP Materials
MP
$8.45B
| $2.64M | ﹤0.01% |
184,399
+9,087
| +5% | +$144K |
|
2299
Oaktree Specialty Lending
OCSL
$1.12B
| $2.63M | ﹤0.01% |
133,606
+21,241
| +19% | +$429K |
|
2300
Chord Energy
CHRD
$7.46B
| $2.62M | ﹤0.01% |
14,679
-4,241
| -22% | -$682K |
|
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.