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 | |
|---|---|---|---|---|---|---|
1351
Emcor
EME
$35.7B
| $10.4M | 0.01% |
28,492
+9,574
| +51% | +$3.53M |
|
1352
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $10.4M | 0.01% |
462,441
+47,342
| +11% | +$1.09M |
|
1353
VanEck Inflation Allocation ETF
RAAX
$1.13B
| $10.4M | 0.01% |
380,863
-87,947
| -19% | -$2.4M |
|
1354
Global X Autonomous & Electric Vehicles ETF
DRIV
$377M
| $10.4M | 0.01% |
441,551
-56,944
| -11% | -$1.37M |
|
1355
State Street SPDR Portfolio Europe ETF
SPEU
$732M
| $10.4M | 0.01% |
248,273
+25,255
| +11% | +$1.07M |
|
1356
Suncor Energy
SU
$78.8B
| $10.3M | 0.01% |
270,342
+23,622
| +10% | +$913K |
|
1357
Zimmer Biomet
ZBH
$18.4B
| $10.3M | 0.01% |
94,835
-21,236
| -18% | -$2.5M |
|
1358
First Trust NASDAQ 100 ex-Technology Sector Index Fund
QQXT
$155M
| $10.3M | 0.01% |
116,879
-11,103
| -9% | -$979K |
|
1359
Lamb Weston
LW
$7.36B
| $10.3M | 0.01% |
122,373
-10,393
| -8% | -$887K |
|
1360
NEOS Enhanced Income 1-3 Month T-Bill ETF
CSHI
$1.52B
| $10.3M | 0.01% |
206,620
+61,147
| +42% | +$3.05M |
|
1361
FirstEnergy
FE
$28.2B
| $10.3M | 0.01% |
268,480
+10,342
| +4% | +$401K |
|
1362
Ventas
VTR
$44.7B
| $10.2M | 0.01% |
199,681
-445,950
| -69% | -$20.9M |
|
1363
Sony
SONY
$134B
| $10.2M | 0.01% |
601,435
+4,610
| +0.8% | +$76.2K |
|
1364
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $10.2M | 0.01% |
448,190
+27,276
| +6% | +$618K |
|
1365
SoFi Technologies
SOFI
$21.1B
| $10.2M | 0.01% |
1,542,395
+182,313
| +13% | +$1.29M |
|
1366
Bank of America Series L
BAC.PRL
$3.96B
| $10.2M | 0.01% |
8,510
+814
| +11% | +$958K |
|
1367
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$560M
| $10.2M | 0.01% |
82,557
+1,905
| +2% | +$231K |
|
1368
Invesco DB Agriculture Fund
DBA
$1.23B
| $10.1M | 0.01% |
426,361
-21,372
| -5% | -$531K |
|
1369
Ferguson
FERG
$43.9B
| $10.1M | 0.01% |
52,392
+5,702
| +12% | +$1.2M |
|
1370
Fidelity National Financial
FNF
$14B
| $10.1M | 0.01% |
205,107
+22,514
| +12% | +$1.13M |
|
1371
Invesco Russell 1000 Equal Weight ETF
EQAL
$817M
| $10.1M | 0.01% |
226,872
-13,003
| -5% | -$584K |
|
1372
Service Corp International
SCI
$11.8B
| $10.1M | 0.01% |
142,280
+1,411
| +1% | +$100K |
|
1373
Western Digital
WDC
$184B
| $10.1M | 0.01% |
176,136
+39,360
| +29% | +$2.18M |
|
|
AWF
1374
AllianceBernstein Global High Income Fund
AWF
$872M
| $10.1M | 0.01% |
960,403
+50,332
| +6% | +$528K |
|
1375
MongoDB
MDB
$26.2B
| $10M | 0.01% |
40,189
-6,011
| -13% | -$1.9M |
|
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.