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 |
iShares Core MSCI EAFE ETF
IEFA
|
$347M |
| 2 |
iShares Russell 2000 ETF
IWM
|
$325M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
$250M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
$243M |
| 5 |
Vanguard Total Bond Market
BND
|
$228M |
Top Sells
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
$299M |
| 2 |
iShares TIPS Bond ETF
TIP
|
$195M |
| 3 |
iShares Core S&P US Value ETF
IUSV
|
$190M |
| 4 |
Vanguard Total Stock Market ETF
VTI
|
$97.7M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
$69.9M |
Sector Composition
| 1 | Technology | 6.48% |
| 2 | Consumer Discretionary | 3.2% |
| 3 | Financials | 2.84% |
| 4 | Healthcare | 2.77% |
| 5 | Communication Services | 2.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Invesco QQQ Trust
QQQ
$369B
| $2B | 2.59% | 6,385,439 +132,064 | +2% | +$41.4M |
|
|
2
Vanguard Total Bond Market
BND
$134B
| $1.96B | 2.54% | 22,256,279 +2,581,070 | +13% | +$228M |
|
3
iShares Core S&P 500 ETF
IVV
$661B
| $1.78B | 2.3% | 4,736,138 +316,646 | +7% | +$119M |
|
|
4
Vanguard Total Stock Market ETF
VTI
$526B
| $1.7B | 2.2% | 8,711,633 -501,888 | -5% | -$97.7M |
|
5
Apple
AAPL
$3.45T
| $1.69B | 2.18% | 12,715,121 +1,160,911 | +10% | +$154M |
|
6
SPDR S&P 500 ETF Trust
SPY
$659B
| $1.65B | 2.14% | 4,423,764 +293,065 | +7% | +$110M |
|
7
iShares Core S&P Mid-Cap ETF
IJH
$100B
| $1.2B | 1.56% | 5,225,642 +278,440 | +6% | +$64M |
|
8
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$54.4B
| $1.13B | 1.46% | 11,581,583 -689,146 | -6% | -$66.9M |
|
|
9
iShares Core MSCI Emerging Markets ETF
IEMG
$102B
| $1.12B | 1.45% | 18,080,894 +3,915,711 | +28% | +$243M |
|
|
10
iShares Russell 2000 ETF
IWM
$66B
| $1.11B | 1.44% | 5,663,765 +1,657,169 | +41% | +$325M |
|
11
iShares Core S&P US Growth ETF
IUSG
$24.4B
| $1.08B | 1.4% | 12,211,743 -522,388 | -4% | -$46.3M |
|
|
12
iShares Core MSCI EAFE ETF
IEFA
$149B
| $1.03B | 1.33% | 14,913,291 +5,021,068 | +51% | +$347M |
|
13
iShares MSCI USA Quality Factor ETF
QUAL
$54.2B
| $1.03B | 1.33% | 8,846,188 -79,659 | -0.9% | -$9.26M |
|
14
Amazon
AMZN
$2.44T
| $865M | 1.12% | 265,581 +28,285 | +12% | +$92.1M |
|
15
Vanguard Growth ETF
VUG
$185B
| $837M | 1.08% | 3,304,745 +166,658 | +5% | +$42.2M |
|
16
Microsoft
MSFT
$3.77T
| $808M | 1.05% | 3,631,198 +488,424 | +16% | +$109M |
|
17
iShares Core US Aggregate Bond ETF
AGG
$130B
| $726M | 0.94% | 6,145,363 +260,815 | +4% | +$30.8M |
|
|
18
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $718M | 0.93% | 10,572,705 -4,400,725 | -29% | -$299M |
|
19
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$14.2B
| $668M | 0.86% | 8,821,629 +336,239 | +4% | +$25.4M |
|
20
Vanguard S&P 500 ETF
VOO
$726B
| $632M | 0.82% | 1,840,036 +5,628 | +0.3% | +$1.93M |
|
21
iShares ESG Aware MSCI USA ETF
ESGU
$14.3B
| $578M | 0.75% | 6,722,730 +2,344,443 | +54% | +$202M |
|
|
22
iShares Core S&P US Value ETF
IUSV
$22B
| $571M | 0.74% | 9,175,208 -3,059,653 | -25% | -$190M |
|
23
Vanguard Value ETF
VTV
$144B
| $568M | 0.74% | 4,775,349 -342,621 | -7% | -$40.8M |
|
24
iShares Russell 1000 Growth ETF
IWF
$116B
| $566M | 0.73% | 2,348,601 +13,046 | +0.6% | +$3.15M |
|
25
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$28.4B
| $564M | 0.73% | 4,083,834 +251,443 | +7% | +$34.7M |
|