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 | |
|---|---|---|---|---|---|---|
1451
Masco
MAS
$14.2B
| $8.88M | ﹤0.01% |
133,181
-6,209
| -4% | -$438K |
|
1452
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$316M
| $8.87M | ﹤0.01% |
497,489
+24,898
| +5% | +$436K |
|
1453
Cleveland-Cliffs
CLF
$6.64B
| $8.87M | ﹤0.01% |
576,208
+49,832
| +9% | +$893K |
|
|
BSMO
1454
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $8.86M | ﹤0.01% |
357,169
-25,057
| -7% | -$622K |
|
1455
Bunge Global
BG
$20.2B
| $8.85M | ﹤0.01% |
82,908
+5,412
| +7% | +$568K |
|
1456
Keurig Dr Pepper
KDP
$43B
| $8.85M | ﹤0.01% |
264,977
+55,836
| +27% | +$1.85M |
|
1457
ProShares Investment Grade-Interest Rate Hedged
IGHG
$330M
| $8.85M | ﹤0.01% |
115,928
+47,246
| +69% | +$3.62M |
|
1458
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $8.84M | ﹤0.01% |
912,581
+86,011
| +10% | +$834K |
|
1459
Charles River Laboratories
CRL
$11.3B
| $8.82M | ﹤0.01% |
42,713
+1,418
| +3% | +$321K |
|
1460
Hartford Municipal Opportunities ETF
HMOP
$777M
| $8.82M | ﹤0.01% |
227,780
+24,833
| +12% | +$958K |
|
1461
iShares MSCI Switzerland ETF
EWL
$2.21B
| $8.76M | ﹤0.01% |
181,783
-3,541
| -2% | -$169K |
|
|
1462
PUT
Apple
AAPL
$4.9T
| $8.76M | ﹤0.01% |
41,600
+41,554
| +90,335% | +$7.75M |
|
1463
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $8.73M | ﹤0.01% |
115,721
-3,049
| -3% | -$230K |
|
1464
Main BuyWrite ETF
BUYW
$1.28B
| $8.73M | ﹤0.01% |
635,936
+200,491
| +46% | +$2.74M |
|
1465
Enphase Energy
ENPH
$4.94B
| $8.72M | ﹤0.01% |
87,422
+2,259
| +3% | +$263K |
|
1466
Simplify Hedged Equity ETF
HEQT
$298M
| $8.71M | ﹤0.01% |
314,878
+199,136
| +172% | +$5.34M |
|
1467
ProShares Large Cap Core Plus
CSM
$514M
| $8.71M | ﹤0.01% |
140,429
-4,334
| -3% | -$259K |
|
1468
Williams-Sonoma
WSM
$27.5B
| $8.71M | ﹤0.01% |
61,672
+184
| +0.3% | +$27.4K |
|
1469
iShares JPMorgan EM High Yield Bond ETF
EMHY
$619M
| $8.7M | ﹤0.01% |
234,919
-10,748
| -4% | -$400K |
|
1470
Cohen & Steers Closed End Opportunity Fund
FOF
$376M
| $8.7M | ﹤0.01% |
727,730
+26,098
| +4% | +$303K |
|
1471
Franklin International Aggregate Bond ETF
FLIA
$767M
| $8.69M | ﹤0.01% |
430,957
-6,503
| -1% | -$131K |
|
1472
Fidelity Enhanced Large Cap Growth ETF
FELG
$5.42B
| $8.68M | ﹤0.01% |
269,217
+135,587
| +101% | +$4.08M |
|
1473
BlackRock Credit Allocation Income Trust
BTZ
$935M
| $8.68M | ﹤0.01% |
810,410
+4,941
| +0.6% | +$51.6K |
|
1474
Macerich
MAC
$7.22B
| $8.67M | ﹤0.01% |
561,551
-7,045
| -1% | -$108K |
|
1475
State Street SPDR S&P Health Care Equipment ETF
XHE
$163M
| $8.65M | ﹤0.01% |
102,470
-9,955
| -9% | -$845K |
|
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.