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 | |
|---|---|---|---|---|---|---|
1001
Ingersoll Rand
IR
$33.1B
| $18.6M | 0.01% |
205,035
+53,878
| +36% | +$4.95M |
|
1002
e.l.f. Beauty
ELF
$4.77B
| $18.6M | 0.01% |
88,327
+11,115
| +14% | +$1.98M |
|
1003
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$895M
| $18.6M | 0.01% |
450,081
+58,036
| +15% | +$2.39M |
|
1004
Clear Secure
YOU
$5.88B
| $18.5M | 0.01% |
989,225
+12,566
| +1% | +$227K |
|
1005
Domino's
DPZ
$11.9B
| $18.4M | 0.01% |
35,654
+9,836
| +38% | +$5.01M |
|
1006
Old Dominion Freight Line
ODFL
$46.3B
| $18.4M | 0.01% |
104,005
+12,726
| +14% | +$2.4M |
|
1007
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $18.3M | 0.01% |
394,843
+49,548
| +14% | +$2.29M |
|
1008
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
$642M
| $18.3M | 0.01% |
316,465
+4,034
| +1% | +$231K |
|
1009
Global X Silver Miners ETF NEW
SIL
$3.93B
| $18.3M | 0.01% |
586,080
-135,012
| -19% | -$4.34M |
|
1010
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.76B
| $18.3M | 0.01% |
1,145,956
+46,737
| +4% | +$743K |
|
1011
Aon
AON
$80.6B
| $18.2M | 0.01% |
62,109
+14,263
| +30% | +$4.22M |
|
1012
MGM Resorts International
MGM
$11.7B
| $18.2M | 0.01% |
408,752
+1,077
| +0.3% | +$45K |
|
1013
HubSpot
HUBS
$12.9B
| $18.2M | 0.01% |
30,778
-1,089
| -3% | -$668K |
|
1014
Veeva Systems
VEEV
$33.8B
| $18M | 0.01% |
98,516
+9,144
| +10% | +$1.81M |
|
1015
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $18M | 0.01% |
310,564
+7,349
| +2% | +$430K |
|
1016
DraftKings
DKNG
$12.2B
| $18M | 0.01% |
470,698
-22,837
| -5% | -$948K |
|
1017
Hartford Financial Services
HIG
$39.9B
| $18M | 0.01% |
178,657
+43,663
| +32% | +$4.38M |
|
1018
First Trust S&P REIT Index Fund
FRI
$193M
| $18M | 0.01% |
699,329
+14,111
| +2% | +$353K |
|
1019
Pacer Trendpilot US Mid Cap ETF
PTMC
$388M
| $17.9M | 0.01% |
514,464
+4,300
| +0.8% | +$150K |
|
1020
Day Hagan/Ned Davis Research Smart Sector ETF
SSUS
$552M
| $17.8M | 0.01% |
451,705
+15,750
| +4% | +$601K |
|
1021
First Trust Indxx NextG ETF
NXTG
$523M
| $17.8M | 0.01% |
217,555
-21,163
| -9% | -$1.66M |
|
1022
Invesco S&P 500 Pure Value ETF
RPV
$1.66B
| $17.8M | 0.01% |
213,620
+7,021
| +3% | +$595K |
|
1023
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$627M
| $17.8M | 0.01% |
841,916
+37,769
| +5% | +$783K |
|
1024
Hilton Worldwide
HLT
$72.4B
| $17.8M | 0.01% |
81,428
+7,439
| +10% | +$1.53M |
|
1025
iShares Cybersecurity and Tech ETF
IHAK
$988M
| $17.7M | 0.01% |
385,726
+2,997
| +0.8% | +$134K |
|
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.