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 | |
|---|---|---|---|---|---|---|
|
CRF
1526
Cornerstone Total Return Fund
CRF
$1.14B
| $7.75M | ﹤0.01% |
1,007,641
+20,293
| +2% | +$151K |
|
1527
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.83B
| $7.75M | ﹤0.01% |
201,347
-1,079
| -0.5% | -$41.7K |
|
1528
ING
ING
$99.8B
| $7.74M | ﹤0.01% |
451,519
+133,439
| +42% | +$2.27M |
|
1529
First Solar
FSLR
$22.1B
| $7.72M | ﹤0.01% |
34,263
+3,181
| +10% | +$693K |
|
1530
Simplify Managed Futures Strategy ETF
CTA
$1.56B
| $7.72M | ﹤0.01% |
286,957
-46,270
| -14% | -$1.25M |
|
1531
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$272M
| $7.7M | ﹤0.01% |
232,085
+14,768
| +7% | +$494K |
|
1532
JPMorgan Diversified Return International Equity ETF
JPIN
$372M
| $7.7M | ﹤0.01% |
139,202
+6,073
| +5% | +$340K |
|
1533
The Mosaic Company
MOS
$7.24B
| $7.69M | ﹤0.01% |
266,114
+36,836
| +16% | +$1.11M |
|
1534
Haleon
HLN
$44.5B
| $7.68M | ﹤0.01% |
929,697
-983,549
| -51% | -$8.22M |
|
|
K
1535
DELISTED
Kellanova
K
| $7.67M | ﹤0.01% |
133,036
-37
| -0% | -$2.18K |
|
1536
iShares MSCI Germany ETF
EWG
$1.6B
| $7.67M | ﹤0.01% |
250,481
+191,901
| +328% | +$6M |
|
|
BSMP
1537
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $7.64M | ﹤0.01% |
314,362
+494
| +0.2% | +$12K |
|
|
X
1538
DELISTED
US Steel
X
| $7.62M | ﹤0.01% |
201,554
-20,645
| -9% | -$788K |
|
1539
Plains All American Pipeline
PAA
$17.5B
| $7.61M | ﹤0.01% |
425,879
+61,296
| +17% | +$1.07M |
|
|
PFN
1540
PIMCO Income Strategy Fund II
PFN
$696M
| $7.6M | ﹤0.01% |
1,060,072
+1,356
| +0.1% | +$9.91K |
|
1541
Regency Centers
REG
$14.7B
| $7.58M | ﹤0.01% |
121,914
+867
| +0.7% | +$52K |
|
1542
Stanley Black & Decker
SWK
$14.4B
| $7.58M | ﹤0.01% |
94,892
+7,968
| +9% | +$702K |
|
1543
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$784B
| $7.56M | ﹤0.01% |
13,900
+13,760
| +9,829% | +$7.2M |
|
1544
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$581M
| $7.55M | ﹤0.01% |
298,112
+20,588
| +7% | +$520K |
|
1545
Roku
ROKU
$21.5B
| $7.54M | ﹤0.01% |
125,781
-4,118
| -3% | -$241K |
|
1546
Labcorp
LH
$25.9B
| $7.54M | ﹤0.01% |
37,040
+2,813
| +8% | +$572K |
|
1547
Allegion
ALLE
$13.4B
| $7.54M | ﹤0.01% |
63,787
+6,746
| +12% | +$831K |
|
1548
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR
$106M
| $7.52M | ﹤0.01% |
229,729
+12,529
| +6% | +$400K |
|
1549
First Trust Dow Jones Select MicroCap Index Fund
FDM
$262M
| $7.51M | ﹤0.01% |
125,306
+8,634
| +7% | +$526K |
|
1550
Global X SuperDividend REIT ETF
SRET
$235M
| $7.5M | ﹤0.01% |
375,879
-155,035
| -29% | -$3.07M |
|
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.