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 S&P 500 Growth ETF
IVW
|
+$346M |
| 2 |
Apple
AAPL
|
+$225M |
| 3 |
iShares MSCI EAFE Growth ETF
EFG
|
+$223M |
| 4 |
Microsoft
MSFT
|
+$217M |
| 5 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$181M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$124M |
| 2 |
Vanguard Total Bond Market
BND
|
+$66.2M |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$64.2M |
| 4 |
iShares Global Energy ETF
IXC
|
+$62.3M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$60.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Financials | 3.16% |
| 3 | Healthcare | 2.8% |
| 4 | Consumer Discretionary | 2.64% |
| 5 | Industrials | 2.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Vanguard Total International Stock ETF
VXUS
$153B
| $158M | 0.08% |
2,625,580
+194,671
| +8% | +$11.8M |
|
227
Invesco Preferred ETF
PGX
$3.81B
| $157M | 0.08% |
13,579,206
+1,197,584
| +10% | +$13.8M |
|
228
Pacer Trendpilot US Large Cap ETF
PTLC
$3.24B
| $151M | 0.08% |
3,033,007
+33,440
| +1% | +$1.6M |
|
229
iShares TIPS Bond ETF
TIP
$14.5B
| $150M | 0.07% |
1,402,387
-57,986
| -4% | -$6.17M |
|
230
Eaton
ETN
$151B
| $150M | 0.07% |
477,275
+71,740
| +18% | +$23.2M |
|
231
JPMorgan Active Value ETF
JAVA
$6.81B
| $150M | 0.07% |
2,522,801
+30,609
| +1% | +$1.81M |
|
232
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.06B
| $149M | 0.07% |
1,065,669
+28,069
| +3% | +$3.92M |
|
233
Accenture
ACN
$100B
| $149M | 0.07% |
489,781
+24,630
| +5% | +$7.54M |
|
234
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $148M | 0.07% |
4,988,884
+170,723
| +4% | +$5.06M |
|
235
Deere & Co
DE
$172B
| $146M | 0.07% |
391,390
+20,940
| +6% | +$8.17M |
|
236
Starbucks
SBUX
$117B
| $145M | 0.07% |
1,863,431
+323,114
| +21% | +$26.3M |
|
237
Abbott
ABT
$187B
| $145M | 0.07% |
1,394,423
+103,248
| +8% | +$10.9M |
|
238
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.78B
| $144M | 0.07% |
3,587,977
+633,701
| +21% | +$25.4M |
|
239
State Street SPDR Portfolio MSCI Global Stock Market ETF
SPGM
$1.7B
| $144M | 0.07% |
2,366,776
+86,753
| +4% | +$5.16M |
|
240
JPMorgan International Research Enhanced Equity ETF
JIRE
$11B
| $143M | 0.07% |
2,284,726
+380,609
| +20% | +$23.8M |
|
241
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.82B
| $142M | 0.07% |
1,685,162
+150,580
| +10% | +$12.7M |
|
242
Vanguard Mid-Cap Growth ETF
VOT
$19.1B
| $142M | 0.07% |
616,627
+11,860
| +2% | +$2.72M |
|
243
Capital Group Global Growth Equity ETF
CGGO
$11.2B
| $141M | 0.07% |
4,804,805
+478,559
| +11% | +$13.8M |
|
244
First Trust Dow Jones Internet Index Fund ETF
FDN
$5B
| $141M | 0.07% |
689,058
-74,622
| -10% | -$15M |
|
245
Schwab US Large- Cap ETF
SCHX
$71.4B
| $141M | 0.07% |
6,587,166
-85,644
| -1% | -$1.77M |
|
246
Invesco Aerospace & Defense ETF
PPA
$8.38B
| $141M | 0.07% |
1,372,803
+184,961
| +16% | +$19M |
|
247
iShares Russell 3000 ETF
IWV
$19.5B
| $141M | 0.07% |
455,343
+15,501
| +4% | +$4.63M |
|
248
American Express
AXP
$226B
| $140M | 0.07% |
602,832
+42,238
| +8% | +$9.78M |
|
249
CrowdStrike
CRWD
$187B
| $139M | 0.07% |
1,453,036
+188,640
| +15% | +$15.7M |
|
250
Honeywell
HON
$78.6B
| $139M | 0.07% |
691,343
+69,558
| +11% | +$13.2M |
|
Similar funds
LPL Financial's Q2 2024 Portfolio in Review
As of Q2 2024, LPL Financial held 5,204 positions worth $201B, up 7.8% from $186B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $11.6B of net new capital in Q2 2024, opening 296 new positions and adding to 3,022 existing holdings. Its largest new stake was AB Short Duration High Yield ETF: 1,874,937 shares worth $65.8M.
By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 7.2% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $124M trimmed.
- LPL Financial's largest Q2 2024 buy was AB Short Duration High Yield ETF: 1,874,937 shares worth $65.8M.
- LPL Financial added most to iShares S&P 500 Growth ETF in Q2 2024, an estimated $346M increase.
- LPL Financial's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $124M.
- LPL Financial fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $30.9M.
- LPL Financial's ten largest holdings make up 17% of its $201B portfolio in Q2 2024.
- LPL Financial opened 296 new positions and closed 196 in Q2 2024.
- LPL Financial's portfolio value rose 7.8% quarter-over-quarter to $201B.
Based on LPL Financial's 13F filing for Q2 2024, filed 7 Aug 2024.