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 | |
|---|---|---|---|---|---|---|
801
Franklin FTSE Japan ETF
FLJP
$3.86B
| $29.2M | 0.01% |
1,014,031
+203,609
| +25% | +$6.04M |
|
802
VanEck High Yield Muni ETF
HYD
$4.44B
| $29.2M | 0.01% |
564,440
+6,804
| +1% | +$351K |
|
803
iShares Morningstar Value ETF
ILCV
$1.31B
| $29.1M | 0.01% |
380,644
+40,013
| +12% | +$3.02M |
|
804
ON Semiconductor
ON
$30.7B
| $28.9M | 0.01% |
421,735
-81,293
| -16% | -$5.7M |
|
|
QWLD
805
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$173M
| $28.8M | 0.01% |
239,267
-19,962
| -8% | -$2.37M |
|
806
Arthur J. Gallagher & Co
AJG
$69.1B
| $28.7M | 0.01% |
110,833
+3,250
| +3% | +$806K |
|
807
Deckers Outdoor
DECK
$14.1B
| $28.6M | 0.01% |
177,324
+34,116
| +24% | +$5.25M |
|
808
John Hancock Multifactor Developed International ETF
JHMD
$947M
| $28.5M | 0.01% |
854,857
+100,858
| +13% | +$3.44M |
|
809
iShares US Energy ETF
IYE
$1.72B
| $28.5M | 0.01% |
593,267
+177,773
| +43% | +$8.68M |
|
810
iShares International Dividend Growth ETF
IGRO
$1.29B
| $28.5M | 0.01% |
422,485
+52,719
| +14% | +$3.53M |
|
811
Amplify Cybersecurity ETF
HACK
$2.6B
| $28.4M | 0.01% |
438,076
+72,993
| +20% | +$4.53M |
|
812
First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF
FTRI
$123M
| $28.3M | 0.01% |
2,179,882
+7,934
| +0.4% | +$107K |
|
813
AutoZone
AZO
$51.3B
| $28.3M | 0.01% |
9,535
+392
| +4% | +$1.15M |
|
814
LPL Financial
LPLA
$27B
| $28.1M | 0.01% |
100,458
+11,882
| +13% | +$3.23M |
|
815
Motley Fool 100 Index ETF
TMFC
$1.99B
| $28.1M | 0.01% |
521,300
+17,127
| +3% | +$863K |
|
816
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$589M
| $28M | 0.01% |
641,076
-137,192
| -18% | -$6.02M |
|
817
Factset
FDS
$10B
| $27.8M | 0.01% |
68,170
+1,106
| +2% | +$470K |
|
818
WisdomTree International Quality Dividend Growth Fund
IQDG
$702M
| $27.8M | 0.01% |
748,664
-105,652
| -12% | -$3.95M |
|
819
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.22B
| $27.7M | 0.01% |
1,003,592
-170,237
| -15% | -$4.67M |
|
820
Johnson Controls International
JCI
$85.1B
| $27.6M | 0.01% |
414,689
+21,499
| +5% | +$1.45M |
|
821
NetApp
NTAP
$33.9B
| $27.6M | 0.01% |
213,965
+172,807
| +420% | +$19.4M |
|
822
Hartford Total Return Bond ETF
HTRB
$2.22B
| $27.5M | 0.01% |
822,457
+116,150
| +16% | +$3.87M |
|
823
iShares US Home Construction ETF
ITB
$2.32B
| $27.4M | 0.01% |
271,595
-300,389
| -53% | -$31.8M |
|
824
Corteva
CTVA
$60.5B
| $27.3M | 0.01% |
506,712
+10,666
| +2% | +$587K |
|
825
First Trust Nasdaq Semiconductor ETF
FTXL
$1.93B
| $27.3M | 0.01% |
273,671
+21,227
| +8% | +$1.95M |
|
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.