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 | |
|---|---|---|---|---|---|---|
976
ClearBridge Large Cap Growth Select ETF
LRGE
$362M
| $20.1M | 0.01% |
287,491
+130,023
| +83% | +$8.68M |
|
977
Invesco S&P MidCap Value with Momentum ETF
XMVM
$504M
| $20M | 0.01% |
387,128
-22,117
| -5% | -$1.16M |
|
978
DTE Energy
DTE
$29.9B
| $20M | 0.01% |
180,094
+8,542
| +5% | +$955K |
|
979
Vanguard Russell 3000 ETF
VTHR
$4.57B
| $20M | 0.01% |
83,275
+2,054
| +3% | +$476K |
|
980
PGIM AAA CLO ETF
PAAA
$11B
| $19.9M | 0.01% |
390,061
+335,973
| +621% | +$17.1M |
|
981
Invesco MSCI USA ETF
PBUS
$11.1B
| $19.8M | 0.01% |
364,823
+26,913
| +8% | +$1.41M |
|
982
Guggenheim Strategic Opportunities Fund
GOF
$2.2B
| $19.8M | 0.01% |
1,329,544
+62,176
| +5% | +$906K |
|
983
Fastenal
FAST
$54.8B
| $19.8M | 0.01% |
629,126
+140,360
| +29% | +$4.74M |
|
984
Invesco S&P MidCap 400 GARP ETF
GRPM
$492M
| $19.7M | 0.01% |
171,843
+32,766
| +24% | +$3.8M |
|
985
Invesco Zacks Mid-Cap ETF
CZA
$191M
| $19.6M | 0.01% |
200,684
+12,967
| +7% | +$1.28M |
|
986
Global X Cybersecurity ETF
BUG
$1.25B
| $19.5M | 0.01% |
660,577
-26,015
| -4% | -$746K |
|
987
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.45B
| $19.5M | 0.01% |
189,504
+9,900
| +6% | +$1.02M |
|
988
Invesco NASDAQ Internet ETF
PNQI
$527M
| $19.3M | 0.01% |
471,199
-52,640
| -10% | -$2.09M |
|
989
Weyerhaeuser
WY
$17.6B
| $19.3M | 0.01% |
678,242
+62,628
| +10% | +$1.94M |
|
990
First Trust Nasdaq Oil & Gas ETF
FTXN
$163M
| $19.2M | 0.01% |
620,957
+12,660
| +2% | +$399K |
|
991
Global X Copper Miners ETF NEW
COPX
$7.04B
| $19M | 0.01% |
421,295
+52,385
| +14% | +$2.44M |
|
992
Snowflake
SNOW
$98.1B
| $19M | 0.01% |
140,485
-2,363
| -2% | -$349K |
|
|
BNY
993
Bank of New York Mellon
BNY
$103B
| $19M | 0.01% |
316,471
+46,926
| +17% | +$2.72M |
|
994
IQVIA
IQV
$40.7B
| $18.8M | 0.01% |
89,081
+2,693
| +3% | +$612K |
|
995
IQ MacKay Municipal Insured ETF
MMIN
$466M
| $18.8M | 0.01% |
781,845
+49,593
| +7% | +$1.19M |
|
996
Avantis International Small Cap Value ETF
AVDV
$18.6B
| $18.7M | 0.01% |
288,197
+33,726
| +13% | +$2.23M |
|
997
State Street SPDR S&P Insurance ETF
KIE
$664M
| $18.7M | 0.01% |
375,540
+496
| +0.1% | +$24.8K |
|
998
Kraft Heinz
KHC
$32.8B
| $18.7M | 0.01% |
580,376
+21,633
| +4% | +$771K |
|
999
American International
AIG
$42.5B
| $18.7M | 0.01% |
251,533
+31,394
| +14% | +$2.4M |
|
1000
Goldman Sachs ETF Trust Goldman Sachs S&P 500 Premium Income ETF
GPIX
$4.8B
| $18.6M | 0.01% |
+392,582
| New | +$18.2M |
|
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.