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 | |
|---|---|---|---|---|---|---|
1476
Cohen & Steers Quality Income Realty Fund
RQI
$1.7B
| $8.65M | ﹤0.01% |
740,427
+7,484
| +1% | +$85K |
|
1477
Davis Select US Equity ETF
DUSA
$1.26B
| $8.6M | ﹤0.01% |
211,667
+2,916
| +1% | +$116K |
|
1478
RPM International
RPM
$13.8B
| $8.58M | ﹤0.01% |
79,668
+5,787
| +8% | +$641K |
|
1479
BlackRock Enhanced Captial and Income Fund
CII
$980M
| $8.55M | ﹤0.01% |
427,622
+30,432
| +8% | +$585K |
|
1480
PUT
Citigroup
C
$222B
| $8.51M | ﹤0.01% |
134,100
+132,561
| +8,613% | +$8.17M |
|
1481
Rivian
RIVN
$24.4B
| $8.51M | ﹤0.01% |
634,035
+125,339
| +25% | +$1.31M |
|
1482
VanEck Agribusiness ETF
MOO
$994M
| $8.48M | ﹤0.01% |
121,002
-11,936
| -9% | -$865K |
|
1483
Invesco Senior Income Trust
VVR
$459M
| $8.47M | ﹤0.01% |
1,965,920
+15,819
| +0.8% | +$67.9K |
|
1484
Ares Management
ARES
$28B
| $8.46M | ﹤0.01% |
63,492
+8,808
| +16% | +$1.2M |
|
1485
Markel Group
MKL
$23.4B
| $8.44M | ﹤0.01% |
5,358
+534
| +11% | +$829K |
|
1486
First Trust Dorsey Wright International Focus 5 ETF
IFV
$227M
| $8.42M | ﹤0.01% |
428,273
-17,627
| -4% | -$348K |
|
1487
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$307M
| $8.41M | ﹤0.01% |
137,151
-2,194
| -2% | -$135K |
|
1488
CoStar Group
CSGP
$11.9B
| $8.38M | ﹤0.01% |
113,093
+12,621
| +13% | +$1.07M |
|
1489
Dick's Sporting Goods
DKS
$17.9B
| $8.37M | ﹤0.01% |
38,965
+2,557
| +7% | +$533K |
|
1490
Fidelity Enhanced Mid Cap Core ETF
FMDE
$7.71B
| $8.37M | ﹤0.01% |
284,051
+52,781
| +23% | +$1.56M |
|
1491
FT Vest US Equity Buffer ETF June
FJUN
$1.35B
| $8.33M | ﹤0.01% |
172,113
-37,210
| -18% | -$1.76M |
|
1492
Innovator US Equity Power Buffer ETF October
POCT
$960M
| $8.32M | ﹤0.01% |
217,212
-2,058
| -0.9% | -$77.7K |
|
|
HOLX
1493
DELISTED
Hologic
HOLX
| $8.3M | ﹤0.01% |
111,846
+12,266
| +12% | +$919K |
|
1494
Pacer Data & Infrastructure Real Estate ETF
SRVR
$376M
| $8.29M | ﹤0.01% |
303,316
-29,458
| -9% | -$802K |
|
1495
RELX
RELX
$63.9B
| $8.29M | ﹤0.01% |
180,675
+41,898
| +30% | +$1.82M |
|
1496
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.8M
| $8.23M | ﹤0.01% |
236,275
+160,760
| +213% | +$5.58M |
|
1497
Fidelity MSCI Real Estate Index ETF
FREL
$1.51B
| $8.21M | ﹤0.01% |
323,920
+27,449
| +9% | +$683K |
|
|
QIG
1498
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $8.15M | ﹤0.01% |
185,847
+22,486
| +14% | +$985K |
|
1499
Sprouts Farmers Market
SFM
$8.1B
| $8.14M | ﹤0.01% |
97,264
-1,624
| -2% | -$118K |
|
1500
Chord Energy
CHRD
$7.78B
| $8.13M | ﹤0.01% |
48,498
+33,819
| +230% | +$6M |
|
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.