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 | |
|---|---|---|---|---|---|---|
|
ETJ
1551
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$563M
| $7.48M | ﹤0.01% |
852,161
+10,880
| +1% | +$92.2K |
|
1552
AB US Large Cap Strategic Equities ETF
LRGC
$1.29B
| $7.48M | ﹤0.01% |
117,598
+111,490
| +1,825% | +$6.8M |
|
1553
Centene
CNC
$30.6B
| $7.46M | ﹤0.01% |
112,515
+974
| +0.9% | +$70.8K |
|
1554
VanEck Digital Transformation ETF
DAPP
$233M
| $7.46M | ﹤0.01% |
622,073
+70,282
| +13% | +$731K |
|
1555
Hubbell
HUBB
$25.1B
| $7.43M | ﹤0.01% |
20,341
-2,857
| -12% | -$1.12M |
|
1556
GoDaddy
GDDY
$10.4B
| $7.43M | ﹤0.01% |
53,192
+18,739
| +54% | +$2.47M |
|
1557
Brookfield
BN
$105B
| $7.43M | ﹤0.01% |
268,116
-5,063
| -2% | -$141K |
|
1558
Globus Medical
GMED
$10.7B
| $7.42M | ﹤0.01% |
108,405
+10,501
| +11% | +$627K |
|
1559
Ameren
AEE
$30.4B
| $7.41M | ﹤0.01% |
104,187
+4,986
| +5% | +$363K |
|
|
POWR
1560
iShares U.S. Power Infrastructure ETF
POWR
$442M
| $7.4M | ﹤0.01% |
284,845
+5,644
| +2% | +$151K |
|
1561
Pacer Cash Cows Fund of Funds ETF
HERD
$99.7M
| $7.4M | ﹤0.01% |
199,069
+28,635
| +17% | +$1.1M |
|
1562
Amplify Etho Climate Leadership US ETF
ETHO
$187M
| $7.39M | ﹤0.01% |
130,856
-293
| -0.2% | -$16.4K |
|
1563
DoorDash
DASH
$85.3B
| $7.36M | ﹤0.01% |
67,696
+15,779
| +30% | +$1.9M |
|
1564
Fidelity Enhanced Large Cap Core ETF
FELC
$7.96B
| $7.36M | ﹤0.01% |
240,456
+110,144
| +85% | +$3.24M |
|
1565
Global X Internet of Things ETF
SNSR
$222M
| $7.35M | ﹤0.01% |
204,725
-11,509
| -5% | -$411K |
|
1566
VanEck Rare Earth/Strategic Metals ETF
REMX
$1.95B
| $7.35M | ﹤0.01% |
172,800
+108,126
| +167% | +$5.5M |
|
1567
Globant
GLOB
$1.56B
| $7.34M | ﹤0.01% |
41,201
+27,868
| +209% | +$4.91M |
|
1568
Innovator US Equity Power Buffer ETF July
PJUL
$1.23B
| $7.32M | ﹤0.01% |
188,427
+7,248
| +4% | +$277K |
|
1569
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$679M
| $7.31M | ﹤0.01% |
96,877
+55,420
| +134% | +$4.11M |
|
|
FSCS
1570
First Trust SMID Capital Strength ETF
FSCS
$58.2M
| $7.31M | ﹤0.01% |
227,989
-34,235
| -13% | -$1.1M |
|
1571
Fidelity Dividend ETF for Rising Rates
FDRR
$733M
| $7.3M | ﹤0.01% |
151,256
-1,239
| -0.8% | -$57.8K |
|
1572
AGF US Market Neutral Anti-Beta Fund
BTAL
$305M
| $7.28M | ﹤0.01% |
371,199
-2,021
| -0.5% | -$38.3K |
|
1573
iShares Global Infrastructure ETF
IGF
$10.9B
| $7.28M | ﹤0.01% |
151,918
+27,790
| +22% | +$1.35M |
|
1574
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$210M
| $7.27M | ﹤0.01% |
149,449
+18,827
| +14% | +$874K |
|
1575
Reliance Steel & Aluminium
RS
$20.9B
| $7.27M | ﹤0.01% |
25,451
-2,335
| -8% | -$703K |
|
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.