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 | |
|---|---|---|---|---|---|---|
1201
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$258M
| $13M | 0.01% |
594,157
+127,100
| +27% | +$2.79M |
|
1202
Owens Corning
OC
$11B
| $12.9M | 0.01% |
74,537
+62,901
| +541% | +$10.9M |
|
1203
MPLX
MPLX
$58.6B
| $12.9M | 0.01% |
303,402
+21,570
| +8% | +$888K |
|
1204
Plains GP Holdings
PAGP
$5.28B
| $12.9M | 0.01% |
684,871
+20,840
| +3% | +$382K |
|
1205
VictoryShares Free Cash Flow ETF
VFLO
$8.99B
| $12.9M | 0.01% |
416,260
+402,116
| +2,843% | +$12.6M |
|
1206
Inspire 100 ETF
BIBL
$474M
| $12.9M | 0.01% |
338,716
+87,738
| +35% | +$3.31M |
|
1207
HP
HPQ
$26B
| $12.9M | 0.01% |
367,096
+96,959
| +36% | +$3.08M |
|
1208
Sunoco
SUN
$14.4B
| $12.8M | 0.01% |
226,995
+68,487
| +43% | +$3.73M |
|
1209
FT Vest Buffered Allocation Growth ETF
BUFG
$322M
| $12.8M | 0.01% |
553,156
+136,309
| +33% | +$3.08M |
|
1210
Booz Allen Hamilton
BAH
$8.44B
| $12.8M | 0.01% |
83,251
+10,693
| +15% | +$1.6M |
|
1211
Global X SuperDividend US ETF
DIV
$792M
| $12.8M | 0.01% |
741,550
+234,789
| +46% | +$4.04M |
|
1212
Eversource Energy
ES
$28.1B
| $12.8M | 0.01% |
225,528
+16,400
| +8% | +$972K |
|
1213
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.24B
| $12.8M | 0.01% |
909,625
+41,978
| +5% | +$566K |
|
|
OWNS
1214
CCM Affordable Housing MBS ETF
OWNS
$104M
| $12.8M | 0.01% |
759,027
+23,217
| +3% | +$389K |
|
1215
Toyota
TM
$228B
| $12.8M | 0.01% |
62,230
+5,518
| +10% | +$1.22M |
|
1216
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $12.7M | 0.01% |
547,198
-138,424
| -20% | -$3.24M |
|
1217
Avantis Core Fixed Income ETF
AVIG
$1.94B
| $12.7M | 0.01% |
310,460
+24,056
| +8% | +$977K |
|
1218
Southern Copper
SCCO
$138B
| $12.6M | 0.01% |
125,291
+1,128
| +0.9% | +$120K |
|
1219
Capital Group Dividend Growers ETF
CGDG
$5.4B
| $12.6M | 0.01% |
444,038
+292,056
| +192% | +$8.31M |
|
1220
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$281M
| $12.6M | 0.01% |
528,340
+7,888
| +2% | +$188K |
|
1221
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.15B
| $12.6M | 0.01% |
179,074
+4,111
| +2% | +$291K |
|
1222
Royal Bank of Canada
RY
$287B
| $12.6M | 0.01% |
118,053
+6,143
| +5% | +$632K |
|
1223
Annaly Capital Management
NLY
$17.3B
| $12.6M | 0.01% |
658,676
-13,602
| -2% | -$264K |
|
1224
VictoryShares Dividend Accelerator ETF
VSDA
$249M
| $12.5M | 0.01% |
259,711
-2,396
| -0.9% | -$117K |
|
1225
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $12.5M | 0.01% |
626,482
+119,325
| +24% | +$2.41M |
|
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.