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 | |
|---|---|---|---|---|---|---|
701
CME Group
CME
$95.4B
| $35.7M | 0.02% |
181,373
+6,178
| +4% | +$1.28M |
|
702
Flex
FLEX
$37.7B
| $35.5M | 0.02% |
1,204,940
+196,072
| +19% | +$5.87M |
|
703
WisdomTree Dynamic International Equity Fund
DDWM
$1.47B
| $35.5M | 0.02% |
1,042,857
+87,076
| +9% | +$2.99M |
|
704
Invesco Dorsey Wright Technology Momentum ETF
PTF
$513M
| $35.5M | 0.02% |
573,002
-1,480
| -0.3% | -$85.2K |
|
705
Innovator Equity Managed Floor ETF
SFLR
$2.08B
| $35.4M | 0.02% |
1,145,023
+952,801
| +496% | +$28.5M |
|
706
Builders FirstSource
BLDR
$7.29B
| $35.4M | 0.02% |
255,443
-58,459
| -19% | -$9.92M |
|
707
Amphenol
APH
$185B
| $35.3M | 0.02% |
524,203
+60,219
| +13% | +$3.8M |
|
708
Veralto
VLTO
$24.3B
| $35.3M | 0.02% |
369,816
+8,318
| +2% | +$795K |
|
709
Vanguard FTSE Europe ETF
VGK
$30.1B
| $35.3M | 0.02% |
528,484
+9,107
| +2% | +$617K |
|
710
Huntington Bancshares
HBAN
$34B
| $35.2M | 0.02% |
2,667,185
-106,310
| -4% | -$1.43M |
|
711
Celanese
CE
$4.82B
| $35.1M | 0.02% |
260,523
+219,095
| +529% | +$33.5M |
|
712
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.23B
| $35.1M | 0.02% |
1,482,677
-13,193
| -0.9% | -$312K |
|
713
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$309M
| $35.1M | 0.02% |
296,766
-2,071
| -0.7% | -$247K |
|
714
VanEck Preferred Securities ex Financials ETF
PFXF
$2.37B
| $35M | 0.02% |
2,024,278
+77,212
| +4% | +$1.34M |
|
715
Kenvue
KVUE
$38B
| $35M | 0.02% |
1,922,934
-4,810
| -0.2% | -$93.2K |
|
716
JPMorgan US Value Factor ETF
JVAL
$826M
| $34.9M | 0.02% |
854,763
+2,125
| +0.2% | +$86.2K |
|
717
Cheniere Energy
LNG
$54.2B
| $34.8M | 0.02% |
199,187
+10,935
| +6% | +$1.74M |
|
718
PG&E
PCG
$39B
| $34.5M | 0.02% |
1,977,153
+32,989
| +2% | +$581K |
|
719
Marvell Technology
MRVL
$147B
| $34.5M | 0.02% |
493,524
+86,419
| +21% | +$6.06M |
|
720
iShares U.S. Carbon Transition Readiness Aware Active ETF
LCTU
$1.19B
| $34.5M | 0.02% |
579,979
+100,813
| +21% | +$5.76M |
|
721
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$8.48B
| $34.4M | 0.02% |
1,287,874
+303,741
| +31% | +$7.96M |
|
722
Fidelity MSCI Health Care Index ETF
FHLC
$3.35B
| $34.2M | 0.02% |
498,822
+14,523
| +3% | +$981K |
|
723
Janus Henderson B-BBB CLO ETF
JBBB
$1.41B
| $34.2M | 0.02% |
695,482
+111,513
| +19% | +$5.46M |
|
724
Hewlett Packard
HPE
$58.8B
| $34.2M | 0.02% |
1,613,495
-521,365
| -24% | -$9.61M |
|
725
iShares ESG Aware MSCI EM ETF
ESGE
$6.27B
| $34.2M | 0.02% |
1,018,601
+21,193
| +2% | +$698K |
|
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.