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 | |
|---|---|---|---|---|---|---|
1226
Canadian National Railway
CNI
$78.5B
| $12.5M | 0.01% |
105,940
+3,916
| +4% | +$490K |
|
1227
Carlisle Companies
CSL
$13.5B
| $12.5M | 0.01% |
30,862
-85
| -0.3% | -$34.2K |
|
1228
Schwab Emerging Markets Equity ETF
SCHE
$12.2B
| $12.5M | 0.01% |
470,570
-5,026
| -1% | -$131K |
|
1229
VanEck Green Bond ETF
GRNB
$184M
| $12.5M | 0.01% |
527,202
+40,567
| +8% | +$953K |
|
1230
Entegris
ENTG
$16.3B
| $12.5M | 0.01% |
92,023
+7,732
| +9% | +$1.02M |
|
1231
iShares ESG Advanced MSCI EAFE ETF
DMXF
$967M
| $12.5M | 0.01% |
184,688
+37,240
| +25% | +$2.51M |
|
1232
AB Disruptors ETF
FWD
$2.77B
| $12.4M | 0.01% |
160,853
+128,019
| +390% | +$9.36M |
|
1233
Zscaler
ZS
$24.9B
| $12.4M | 0.01% |
64,700
-23,471
| -27% | -$4.18M |
|
1234
iShares MSCI Brazil ETF
EWZ
$8.98B
| $12.4M | 0.01% |
453,263
-213,641
| -32% | -$6.48M |
|
1235
Lennox International
LII
$15B
| $12.4M | 0.01% |
23,138
+2,430
| +12% | +$1.2M |
|
1236
Global X SuperDividend ETF
SDIV
$1.21B
| $12.4M | 0.01% |
561,506
+42,227
| +8% | +$929K |
|
1237
nVent Electric
NVT
$21.6B
| $12.4M | 0.01% |
161,307
+4,855
| +3% | +$377K |
|
|
EVV
1238
Eaton Vance Limited Duration Income Fund
EVV
$1.05B
| $12.3M | 0.01% |
1,267,272
+53,748
| +4% | +$519K |
|
1239
Jackson Financial
JXN
$8.4B
| $12.3M | 0.01% |
166,068
-10,153
| -6% | -$725K |
|
|
B
1240
Barrick Mining
B
$60.9B
| $12.3M | 0.01% |
738,881
-128,991
| -15% | -$2.19M |
|
1241
iShares Global Healthcare ETF
IXJ
$4.16B
| $12.3M | 0.01% |
132,216
+868
| +0.7% | +$79.2K |
|
1242
Nasdaq
NDAQ
$53.4B
| $12.3M | 0.01% |
203,562
-16,244
| -7% | -$984K |
|
1243
iShares MSCI ACWI ex US ETF
ACWX
$11.2B
| $12.2M | 0.01% |
229,869
+3,091
| +1% | +$165K |
|
1244
Teradyne
TER
$50B
| $12.2M | 0.01% |
82,236
+14,903
| +22% | +$1.89M |
|
1245
iShares Yield Optimized Bond ETF
BYLD
$447M
| $12.2M | 0.01% |
549,343
+237,137
| +76% | +$5.24M |
|
|
WBA
1246
DELISTED
Walgreens Boots Alliance
WBA
| $12.2M | 0.01% |
1,006,812
+28,922
| +3% | +$491K |
|
1247
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.41B
| $12.2M | 0.01% |
484,862
+82,373
| +20% | +$1.96M |
|
1248
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$431M
| $12.2M | 0.01% |
773,428
+21,118
| +3% | +$331K |
|
1249
NRG Energy
NRG
$26.2B
| $12.2M | 0.01% |
156,064
+58,649
| +60% | +$4.54M |
|
1250
APA Corp
APA
$13B
| $12.1M | 0.01% |
412,609
+173,260
| +72% | +$5.36M |
|
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.