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 | |
|---|---|---|---|---|---|---|
476
Trade Desk
TTD
$8.97B
| $66.1M | 0.03% |
677,016
+35,695
| +6% | +$3.22M |
|
477
Nuveen ESG Large-Cap Growth ETF
NULG
$2.6B
| $65.9M | 0.03% |
812,109
+50,565
| +7% | +$3.87M |
|
478
Dominion Energy
D
$62.1B
| $65.8M | 0.03% |
1,343,667
+23,437
| +2% | +$1.19M |
|
|
SYFI
479
AB Short Duration High Yield ETF
SYFI
$921M
| $65.8M | 0.03% |
+1,874,937
| New | +$65.8M |
|
480
Vanguard Financials ETF
VFH
$13.4B
| $65.2M | 0.03% |
652,973
+54,206
| +9% | +$5.41M |
|
481
Nike
NKE
$64.1B
| $65M | 0.03% |
862,004
-26,701
| -3% | -$2.48M |
|
482
Colgate-Palmolive
CL
$74.8B
| $64.7M | 0.03% |
666,793
+29,494
| +5% | +$2.72M |
|
483
Invesco Senior Loan ETF
BKLN
$6.96B
| $64.6M | 0.03% |
3,069,783
+605,163
| +25% | +$12.8M |
|
484
John Hancock Multifactor Large Cap ETF
JHML
$1.15B
| $64.5M | 0.03% |
992,776
-22,748
| -2% | -$1.45M |
|
485
Becton Dickinson
BDX
$46.4B
| $64.4M | 0.03% |
275,476
+5,616
| +2% | +$1.32M |
|
486
First Trust Financials AlphaDEX Fund
FXO
$1.14B
| $64.1M | 0.03% |
1,384,081
+31,882
| +2% | +$1.47M |
|
487
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$966M
| $64M | 0.03% |
1,413,325
+29,649
| +2% | +$1.34M |
|
488
Palantir
PLTR
$295B
| $64M | 0.03% |
2,524,730
+360,008
| +17% | +$8.11M |
|
489
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.32B
| $63.6M | 0.03% |
578,976
+35,104
| +6% | +$3.9M |
|
490
Dow Inc
DOW
$22B
| $63M | 0.03% |
1,188,498
+54,483
| +5% | +$3.11M |
|
491
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $63M | 0.03% |
1,229,740
+193,587
| +19% | +$9.86M |
|
492
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.18B
| $62.8M | 0.03% |
2,785,024
+446,546
| +19% | +$10.1M |
|
493
First Trust Technology AlphaDEX Fund
FXL
$2.4B
| $62.2M | 0.03% |
456,164
+29,669
| +7% | +$3.91M |
|
494
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.88B
| $62.1M | 0.03% |
916,923
-557,362
| -38% | -$37.9M |
|
495
State Street SPDR Russell 1000 Yield Focus ETF
ONEY
$688M
| $61.8M | 0.03% |
595,507
-2,635
| -0.4% | -$277K |
|
496
State Street Fixed Income Sector Rotation ETF
FISR
$489M
| $61.5M | 0.03% |
2,417,130
+121,179
| +5% | +$3.06M |
|
497
State Street SPDR MSCI EAFE StrategicFactors ETF
QEFA
$1.05B
| $61.1M | 0.03% |
817,124
+16,501
| +2% | +$1.25M |
|
498
Shopify
SHOP
$168B
| $60.7M | 0.03% |
918,861
-121,651
| -12% | -$8.07M |
|
499
iShares S&P Small-Cap 600 Value ETF
IJS
$8.12B
| $60.4M | 0.03% |
620,584
-70,306
| -10% | -$6.91M |
|
500
Ford
F
$60.9B
| $60.2M | 0.03% |
4,799,480
+115,561
| +2% | +$1.43M |
|
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.