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 | |
|---|---|---|---|---|---|---|
1626
Invesco S&P 500 Equal Weight Communication Services ETF
RSPC
$55.6M
| $6.86M | ﹤0.01% |
231,139
+12,959
| +6% | +$378K |
|
1627
BlackRock Multi-Sector Income Trust
BIT
$697M
| $6.86M | ﹤0.01% |
470,203
-5,239
| -1% | -$79.1K |
|
1628
Evergy
EVRG
$19.2B
| $6.85M | ﹤0.01% |
129,348
+13,475
| +12% | +$717K |
|
1629
ICICI Bank
IBN
$108B
| $6.85M | ﹤0.01% |
237,764
-23,514
| -9% | -$630K |
|
1630
UGI
UGI
$7.76B
| $6.85M | ﹤0.01% |
299,010
+85,071
| +40% | +$2.06M |
|
1631
Global X Dow 30 Covered Call ETF
DJIA
$184M
| $6.83M | ﹤0.01% |
309,199
+51,902
| +20% | +$1.15M |
|
1632
AB InBev
BUD
$167B
| $6.82M | ﹤0.01% |
117,250
+3,160
| +3% | +$194K |
|
|
QSIG
1633
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$52.9M
| $6.8M | ﹤0.01% |
142,917
+12,428
| +10% | +$591K |
|
1634
Manhattan Associates
MANH
$11.1B
| $6.8M | ﹤0.01% |
27,561
-11,076
| -29% | -$2.51M |
|
1635
First Trust Dividend Strength ETF
FTDS
$38.6M
| $6.79M | ﹤0.01% |
139,241
+2,857
| +2% | +$140K |
|
|
CHI
1636
Calamos Convertible Opportunities and Income Fund
CHI
$1B
| $6.79M | ﹤0.01% |
582,993
+12,513
| +2% | +$141K |
|
1637
Rithm Capital
RITM
$5.46B
| $6.78M | ﹤0.01% |
621,895
+215,267
| +53% | +$2.38M |
|
1638
FMC
FMC
$1.39B
| $6.78M | ﹤0.01% |
117,807
-1,461
| -1% | -$87.3K |
|
1639
Fidelity Low Duration Bond Factor ETF
FLDR
$1.97B
| $6.76M | ﹤0.01% |
135,461
+42,236
| +45% | +$2.11M |
|
1640
Vale
VALE
$63.7B
| $6.75M | ﹤0.01% |
604,653
+56,521
| +10% | +$680K |
|
1641
Medpace
MEDP
$15.9B
| $6.73M | ﹤0.01% |
16,337
+619
| +4% | +$245K |
|
1642
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $6.72M | ﹤0.01% |
519,192
-121,825
| -19% | -$1.59M |
|
1643
State Street Global Allocation ETF
GAL
$303M
| $6.69M | ﹤0.01% |
154,843
+6,613
| +4% | +$285K |
|
1644
Knife River
KNF
$4.19B
| $6.68M | ﹤0.01% |
95,240
+10,562
| +12% | +$789K |
|
1645
PIMCO Ultra Short Government Active ETF
BILZ
$1B
| $6.67M | ﹤0.01% |
65,999
-10,011
| -13% | -$1.01M |
|
1646
VanEck Short High Yield Muni ETF
SHYD
$451M
| $6.66M | ﹤0.01% |
297,900
+7,848
| +3% | +$175K |
|
1647
Illumina
ILMN
$30.1B
| $6.66M | ﹤0.01% |
63,790
-35,777
| -36% | -$4.01M |
|
1648
Fidelity Value Factor ETF
FVAL
$1.3B
| $6.65M | ﹤0.01% |
115,504
+898
| +0.8% | +$50.6K |
|
1649
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.1B
| $6.64M | ﹤0.01% |
285,211
-927
| -0.3% | -$21.5K |
|
1650
Hormel Foods
HRL
$13.9B
| $6.64M | ﹤0.01% |
217,666
+43,994
| +25% | +$1.48M |
|
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.