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
| 1 |
SPDR S&P 500 ETF Trust
SPY
|
$97.5M |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
$67.1M |
| 3 |
Health Care Select Sector SPDR Fund
XLV
|
$66.3M |
| 4 |
iShares Russell 2000 ETF
IWM
|
$56.3M |
| 5 |
Invesco QQQ Trust
QQQ
|
$52.4M |
Top Sells
| 1 |
Invesco BuyBack Achievers ETF
PKW
|
$117M |
| 2 |
SPDR Gold Trust
GLD
|
$51.3M |
| 3 |
SPDR S&P MidCap 400 ETF Trust
MDY
|
$40.8M |
| 4 |
SPDR S&P Homebuilders ETF
XHB
|
$35.4M |
| 5 |
iShares MSCI Canada ETF
EWC
|
$33.1M |
Sector Composition
| 1 | Financials | 3.29% |
| 2 | Technology | 3.19% |
| 3 | Healthcare | 3.03% |
| 4 | Industrials | 2.66% |
| 5 | Energy | 2.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
SPDR S&P 500 ETF Trust
SPY
$659B
| $822M | 4.5% | 3,999,584 +474,185 | +13% | +$97.5M |
|
|
2
Vanguard Total Stock Market ETF
VTI
$526B
| $811M | 4.44% | 7,647,024 +632,593 | +9% | +$67.1M |
|
|
3
Invesco QQQ Trust
QQQ
$369B
| $524M | 2.87% | 5,077,506 +507,470 | +11% | +$52.4M |
|
|
4
SPDR S&P MidCap 400 ETF Trust
MDY
$23.7B
| $409M | 2.24% | 1,548,650 -154,556 | -9% | -$40.8M |
|
5
iShares Russell 1000 Growth ETF
IWF
$116B
| $233M | 1.27% | 2,433,221 +256,346 | +12% | +$24.5M |
|
6
Apple
AAPL
$3.45T
| $225M | 1.23% | 2,040,591 +122,477 | +6% | +$13.5M |
|
7
Vanguard Total Bond Market
BND
$134B
| $217M | 1.19% | 2,640,410 +324,761 | +14% | +$26.8M |
|
8
SPDR Bloomberg High Yield Bond ETF
JNK
$8.14B
| $215M | 1.18% | 5,569,491 +833,677 | +18% | +$32.2M |
|
9
iShares Core S&P 500 ETF
IVV
$661B
| $207M | 1.14% | 1,002,725 +104,258 | +12% | +$21.6M |
|
|
10
iShares Russell 2000 ETF
IWM
$66B
| $189M | 1.04% | 1,583,551 +470,864 | +42% | +$56.3M |
|
11
Invesco S&P 500 Equal Weight ETF
RSP
$74B
| $180M | 0.99% | 2,253,701 +317,094 | +16% | +$25.4M |
|
12
iShares Core S&P Mid-Cap ETF
IJH
$100B
| $179M | 0.98% | 1,233,053 +91,826 | +8% | +$13.3M |
|
13
iShares Core US Aggregate Bond ETF
AGG
$130B
| $176M | 0.96% | 1,595,412 +324,400 | +26% | +$35.7M |
|
14
iShares S&P 500 Value ETF
IVE
$41.1B
| $164M | 0.9% | 1,747,679 -150,647 | -8% | -$14.1M |
|
15
iShares MSCI EAFE ETF
EFA
$66B
| $164M | 0.9% | 2,690,792 +129,445 | +5% | +$7.88M |
|
16
iShares Russell 1000 ETF
IWB
$42.6B
| $161M | 0.88% | 1,408,149 -28,836 | -2% | -$3.31M |
|
17
iShares Russell 1000 Value ETF
IWD
$63.5B
| $143M | 0.78% | 1,364,982 +131,981 | +11% | +$13.8M |
|
|
18
Health Care Select Sector SPDR Fund
XLV
$33.5B
| $142M | 0.78% | 2,070,771 +969,207 | +88% | +$66.3M |
|
19
Vanguard Dividend Appreciation ETF
VIG
$95.4B
| $139M | 0.76% | 1,710,241 +82,977 | +5% | +$6.73M |
|
20
iShares Core S&P Small-Cap ETF
IJR
$85.1B
| $133M | 0.73% | 1,169,214 +122,018 | +12% | +$13.9M |
|
21
Vanguard FTSE Emerging Markets ETF
VWO
$96.4B
| $130M | 0.71% | 3,246,662 +128,315 | +4% | +$5.14M |
|
22
iShares MBS ETF
MBB
$41B
| $129M | 0.71% | 1,180,233 +442,184 | +60% | +$48.3M |
|
23
iShares Preferred and Income Securities ETF
PFF
$14.4B
| $127M | 0.7% | 3,224,009 +331,550 | +11% | +$13.1M |
|
24
iShares S&P 500 Growth ETF
IVW
$63B
| $126M | 0.69% | 1,126,249 +164,801 | +17% | +$18.4M |
|
|
25
Invesco BuyBack Achievers ETF
PKW
$1.45B
| $116M | 0.63% | 2,409,129 -2,442,941 | -50% | -$117M |
|