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 | |
|---|---|---|---|---|---|---|
2426
Suburban Propane Partners
SPH
$1.18B
| $2.29M | ﹤0.01% |
112,132
+4,323
| +4% | +$84.6K |
|
2427
Diodes
DIOD
$4.54B
| $2.29M | ﹤0.01% |
32,441
-10
| -0% | -$694 |
|
2428
Invesco New York AMT-Free Municipal Bond ETF
PZT
$139M
| $2.28M | ﹤0.01% |
99,128
+13,395
| +16% | +$308K |
|
2429
Ingredion
INGR
$6.49B
| $2.28M | ﹤0.01% |
19,511
-141
| -0.7% | -$15.9K |
|
2430
Hartford Multifactor Small Cap ETF
ROSC
$62.2M
| $2.28M | ﹤0.01% |
54,715
+17,908
| +49% | +$725K |
|
2431
PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
$582M
| $2.28M | ﹤0.01% |
44,517
-7,836
| -15% | -$398K |
|
2432
Home BancShares
HOMB
$6.18B
| $2.27M | ﹤0.01% |
92,579
+32,934
| +55% | +$784K |
|
|
MMT
2433
Aberdeen Multi-Market Income Fund
MMT
$239M
| $2.27M | ﹤0.01% |
490,605
-31,768
| -6% | -$146K |
|
|
CRUZ
2434
DELISTED
Defiance Hotel, Airline, and Cruise ETF
CRUZ
| $2.27M | ﹤0.01% |
99,808
-4,160
| -4% | -$89.6K |
|
2435
HCM Defender 100 Index ETF
QQH
$753M
| $2.26M | ﹤0.01% |
41,121
+370
| +0.9% | +$19.4K |
|
2436
Assurant
AIZ
$14.7B
| $2.26M | ﹤0.01% |
11,988
+4,895
| +69% | +$853K |
|
2437
Angel Oak High Yield Opportunities ETF
AOHY
$124M
| $2.26M | ﹤0.01% |
+205,883
| New | +$2.25M |
|
2438
First Citizens BancShares
FCNCA
$25.5B
| $2.26M | ﹤0.01% |
1,380
+160
| +13% | +$241K |
|
2439
LCI Industries
LCII
$2.57B
| $2.25M | ﹤0.01% |
18,324
+1,776
| +11% | +$209K |
|
2440
FirstCash
FCFS
$8.92B
| $2.25M | ﹤0.01% |
17,680
-8,555
| -33% | -$991K |
|
2441
iShares MSCI Malaysia ETF
EWM
$325M
| $2.25M | ﹤0.01% |
103,447
+46,801
| +83% | +$1M |
|
2442
DT Midstream
DTM
$13.6B
| $2.25M | ﹤0.01% |
36,889
+171
| +0.5% | +$9.52K |
|
2443
FT Vest US Equity Buffer ETF October
FOCT
$1.18B
| $2.25M | ﹤0.01% |
55,505
+10,751
| +24% | +$427K |
|
2444
Goodyear
GT
$1.94B
| $2.25M | ﹤0.01% |
163,690
-22,983
| -12% | -$301K |
|
|
CGO
2445
Calamos Global Total Return Fund
CGO
$128M
| $2.25M | ﹤0.01% |
216,098
+9,407
| +5% | +$91.1K |
|
|
BCPC
2446
Balchem Corp
BCPC
$5.75B
| $2.25M | ﹤0.01% |
14,493
+55
| +0.4% | +$8.16K |
|
2447
iShares Currency Hedged MSCI Japan ETF
HEWJ
$736M
| $2.24M | ﹤0.01% |
53,373
+11,811
| +28% | +$461K |
|
2448
Photronics
PLAB
$1.88B
| $2.24M | ﹤0.01% |
79,241
+52,929
| +201% | +$1.57M |
|
2449
WisdomTree Mortgage Plus Bond Fund
MTGP
$74.2M
| $2.24M | ﹤0.01% |
51,686
-5,507
| -10% | -$239K |
|
2450
Halozyme
HALO
$10.2B
| $2.24M | ﹤0.01% |
55,130
+7,629
| +16% | +$286K |
|
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.