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
Top Sells
| 1 |
Vanguard Total Bond Market
BND
|
$1.09B |
| 2 |
Vanguard Total Stock Market ETF
VTI
|
$888M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
$842M |
| 4 |
Invesco QQQ Trust
QQQ
|
$811M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$570M |
Sector Composition
| 1 | Financials | 2.32% |
| 2 | Healthcare | 1.58% |
| 3 | Technology | 1.42% |
| 4 | Real Estate | 1.36% |
| 5 | Industrials | 1.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Vanguard Total Stock Market ETF
VTI
$526B
| $930M | 7.85% | 8,674,930 -8,286,441 | -49% | -$888M |
|
|
2
SPDR S&P 500 ETF Trust
SPY
$659B
| $517M | 4.37% | 2,467,930 -2,719,692 | -52% | -$570M |
|
3
iShares Russell 1000 Growth ETF
IWF
$116B
| $265M | 2.24% | 2,634,745 -2,597,021 | -50% | -$261M |
|
4
SPDR S&P MidCap 400 ETF Trust
MDY
$23.7B
| $186M | 1.57% | 685,869 -751,069 | -52% | -$204M |
|
5
Vanguard S&P 500 ETF
VOO
$726B
| $159M | 1.34% | 824,968 -755,679 | -48% | -$145M |
|
6
iShares Russell 1000 ETF
IWB
$42.6B
| $157M | 1.33% | 1,350,041 -1,506,842 | -53% | -$175M |
|
7
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$54.4B
| $156M | 1.32% | 1,737,995 -1,259,568 | -42% | -$113M |
|
8
iShares Preferred and Income Securities ETF
PFF
$14.4B
| $149M | 1.26% | 3,777,237 -2,975,929 | -44% | -$118M |
|
9
Vanguard Dividend Appreciation ETF
VIG
$95.4B
| $142M | 1.2% | 1,710,012 -1,622,709 | -49% | -$135M |
|
10
iShares Core MSCI EAFE ETF
IEFA
$149B
| $129M | 1.09% | 2,540,651 -3,072,695 | -55% | -$156M |
|
11
Vanguard Real Estate ETF
VNQ
$34.6B
| $118M | 0.99% | 1,319,788 -754,578 | -36% | -$67.4M |
|
12
SPDR Bloomberg Barclays International Treasury Bond ETF
BWX
$1.38B
| $110M | 0.93% | 1,915,170 -2,224,849 | -54% | -$128M |
|
13
iShares 20+ Year Treasury Bond ETF
TLT
$47.6B
| $107M | 0.91% | 753,460 -1,055,032 | -58% | -$150M |
|
14
iShares Core S&P Small-Cap ETF
IJR
$85.1B
| $101M | 0.85% | 874,443 -965,820 | -52% | -$112M |
|
15
Vanguard High Dividend Yield ETF
VYM
$64B
| $99.2M | 0.84% | 1,388,566 -1,196,749 | -46% | -$85.5M |
|
16
Invesco S&P 500 Low Volatility ETF
SPLV
$7.94B
| $96.8M | 0.82% | 2,251,562 -1,427,037 | -39% | -$61.3M |
|
17
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.39B
| $93.8M | 0.79% | 1,421,034 -318,634 | -18% | -$21M |
|
18
iShares Select Dividend ETF
DVY
$20.8B
| $90.7M | 0.77% | 1,063,269 -920,089 | -46% | -$78.5M |
|
19
Energy Select Sector SPDR Fund
XLE
$27.5B
| $88.3M | 0.75% | 1,308,519 -1,256,149 | -49% | -$84.8M |
|
20
iShares S&P 500 Value ETF
IVE
$41.1B
| $80.2M | 0.68% | 866,205 -748,054 | -46% | -$69.2M |
|
21
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $79.1M | 0.67% | 1,920,293 -1,428,341 | -43% | -$58.8M |
|
22
iShares Core High Dividend ETF
HDV
$11.6B
| $73.6M | 0.62% | 890,528 -520,748 | -37% | -$43M |
|
23
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.06B
| $73.1M | 0.62% | 575,519 +152,546 | +36% | +$19.4M |
|
24
Utilities Select Sector SPDR Fund
XLU
$21.1B
| $69M | 0.58% | 1,302,735 -1,209,128 | -48% | -$64.1M |
|
25
Vanguard Information Technology ETF
VGT
$99.7B
| $68.1M | 0.58% | 637,351 -1,022,843 | -62% | -$109M |
|