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 | |
|---|---|---|---|---|---|---|
826
WisdomTree Global ex-U.S. Quality Growth Fund
DNL
$471M
| $27.3M | 0.01% |
698,160
+105,308
| +18% | +$4.09M |
|
827
Whirlpool
WHR
$2.49B
| $27.2M | 0.01% |
266,631
+26,091
| +11% | +$2.54M |
|
828
PIMCO Corporate & Income Opportunity Fund
PTY
$2.46B
| $27.2M | 0.01% |
1,899,691
+70,659
| +4% | +$1.01M |
|
829
Blue Owl Capital
OBDC
$5.35B
| $27.2M | 0.01% |
1,768,982
+7,592
| +0.4% | +$121K |
|
830
Workday
WDAY
$41.5B
| $27.1M | 0.01% |
121,187
+15,557
| +15% | +$3.75M |
|
|
DFSV
831
Dimensional US Small Cap Value ETF
DFSV
$8.19B
| $27M | 0.01% |
937,602
+77,811
| +9% | +$2.26M |
|
832
PIMCO Multi Sector Bond Active ETF
PYLD
$15B
| $26.9M | 0.01% |
1,050,973
+605,700
| +136% | +$15.4M |
|
833
First Trust Emerging Markets AlphaDEX Fund
FEM
$717M
| $26.9M | 0.01% |
1,123,263
+41,237
| +4% | +$991K |
|
834
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$483M
| $26.9M | 0.01% |
567,952
-69,505
| -11% | -$3.29M |
|
835
Pacer Aristotle Pacific Floating Rate High Income ETF
FLRT
$656M
| $26.9M | 0.01% |
564,762
+396,594
| +236% | +$18.9M |
|
836
JPMorgan International Growth ETF
JIG
$455M
| $26.8M | 0.01% |
418,048
+56,585
| +16% | +$3.54M |
|
837
Yum! Brands
YUM
$41.9B
| $26.8M | 0.01% |
202,082
+1,483
| +0.7% | +$204K |
|
838
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.66B
| $26.6M | 0.01% |
517,279
+14,704
| +3% | +$757K |
|
839
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $26.6M | 0.01% |
560,761
-22,832
| -4% | -$1.08M |
|
840
Invesco Bloomberg Pricing Power ETF
POWA
$180M
| $26.5M | 0.01% |
340,827
+80,072
| +31% | +$6.16M |
|
841
iShares Core Dividend ETF
DIVB
$1.71B
| $26.4M | 0.01% |
596,256
+57,276
| +11% | +$2.5M |
|
842
iShares ESG Advanced MSCI USA ETF
USXF
$1.37B
| $26.2M | 0.01% |
563,079
+106,550
| +23% | +$4.76M |
|
843
Delta Air Lines
DAL
$56.7B
| $26.2M | 0.01% |
552,519
+60,547
| +12% | +$3.01M |
|
844
International Paper
IP
$22.6B
| $26.1M | 0.01% |
605,898
-102,182
| -14% | -$4.15M |
|
845
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$293M
| $26M | 0.01% |
536,388
+13,429
| +3% | +$649K |
|
846
Dimensional US Large Cap Value ETF
DFLV
$6.79B
| $25.9M | 0.01% |
896,030
+48,545
| +6% | +$1.41M |
|
847
Principal Spectrum Preferred Securities Active ETF
PREF
$1.77B
| $25.9M | 0.01% |
1,421,710
+440,751
| +45% | +$7.98M |
|
848
ARK Genomic Revolution ETF
ARKG
$1.53B
| $25.9M | 0.01% |
1,101,713
-19,160
| -2% | -$484K |
|
849
Equinix
EQIX
$99.4B
| $25.6M | 0.01% |
33,841
+3,492
| +12% | +$2.65M |
|
850
Ulta Beauty
ULTA
$21.8B
| $25.6M | 0.01% |
66,269
+17,782
| +37% | +$7.23M |
|
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.