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 | |
|---|---|---|---|---|---|---|
2551
Mitsubishi UFJ Financial
MUFG
$253B
| $2.1M | ﹤0.01% |
194,247
+67,272
| +53% | +$682K |
|
2552
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $2.1M | ﹤0.01% |
38,701
-3,501
| -8% | -$191K |
|
2553
Invesco Dorsey Wright Consumer Staples Momentum ETF
PSL
$84.8M
| $2.1M | ﹤0.01% |
21,562
+2,684
| +14% | +$258K |
|
|
MFA
2554
MFA Financial
MFA
$926M
| $2.1M | ﹤0.01% |
197,023
+80,116
| +69% | +$862K |
|
2555
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $2.09M | ﹤0.01% |
33,754
+13,224
| +64% | +$817K |
|
2556
Suburban Propane Partners
SPH
$1.24B
| $2.09M | ﹤0.01% |
110,247
-1,885
| -2% | -$37.1K |
|
2557
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$202M
| $2.09M | ﹤0.01% |
86,211
+20,079
| +30% | +$492K |
|
2558
Corcept Therapeutics
CORT
$12.4B
| $2.09M | ﹤0.01% |
64,339
-2,707
| -4% | -$74.2K |
|
|
JPUS
2559
JPMorgan Diversified Return US Equity ETF
JPUS
$458M
| $2.09M | ﹤0.01% |
19,113
-3,750
| -16% | -$409K |
|
2560
WPP
WPP
$4.36B
| $2.09M | ﹤0.01% |
45,569
+1,286
| +3% | +$63.9K |
|
2561
Global Net Lease
GNL
$1.84B
| $2.08M | ﹤0.01% |
283,646
+31,673
| +13% | +$230K |
|
|
NVMI
2562
Nova
NVMI
$12.4B
| $2.08M | ﹤0.01% |
8,885
+551
| +7% | +$109K |
|
2563
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.31B
| $2.08M | ﹤0.01% |
97,137
+18,113
| +23% | +$384K |
|
2564
Powell Industries
POWL
$7.6B
| $2.07M | ﹤0.01% |
43,221
+14,592
| +51% | +$761K |
|
2565
WBI BullBear Value 3000 ETF
WBIF
$23.5M
| $2.06M | ﹤0.01% |
71,230
-8,944
| -11% | -$265K |
|
2566
Renasant Corp
RNST
$3.98B
| $2.06M | ﹤0.01% |
67,570
+14,978
| +28% | +$445K |
|
2567
MidCap Financial Investment
MFIC
$787M
| $2.06M | ﹤0.01% |
135,985
-1,903
| -1% | -$29.2K |
|
2568
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $2.06M | ﹤0.01% |
130,072
+57,445
| +79% | +$974K |
|
2569
Gentherm
THRM
$1.25B
| $2.05M | ﹤0.01% |
41,659
-1,107
| -3% | -$57.2K |
|
|
LADR
2570
Ladder Capital
LADR
$1.21B
| $2.05M | ﹤0.01% |
181,980
+8,038
| +5% | +$88.1K |
|
2571
StoneX
SNEX
$9.26B
| $2.05M | ﹤0.01% |
92,073
+14,742
| +19% | +$314K |
|
2572
Apple Hospitality REIT
APLE
$3.9B
| $2.05M | ﹤0.01% |
141,278
-13,591
| -9% | -$203K |
|
2573
Northern Oil and Gas
NOG
$2.3B
| $2.05M | ﹤0.01% |
55,261
-11,603
| -17% | -$465K |
|
2574
Enpro
NPO
$6.63B
| $2.05M | ﹤0.01% |
14,090
-361
| -2% | -$54.7K |
|
2575
JPMorgan BetaBuilders US Small Cap Equity ETF
BBSC
$699M
| $2.05M | ﹤0.01% |
33,607
+25,207
| +300% | +$1.53M |
|
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.