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 | |
|---|---|---|---|---|---|---|
1776
Innovator US Equity Power Buffer ETF August
PAUG
$861M
| $5.48M | ﹤0.01% |
150,100
+24,410
| +19% | +$870K |
|
1777
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$142M
| $5.47M | ﹤0.01% |
115,371
+9,175
| +9% | +$434K |
|
1778
Stellantis
STLA
$16.7B
| $5.46M | ﹤0.01% |
275,266
+16,538
| +6% | +$383K |
|
1779
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $5.46M | ﹤0.01% |
200,216
+2,994
| +2% | +$83K |
|
|
DFP
1780
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$427M
| $5.46M | ﹤0.01% |
284,288
-29,393
| -9% | -$547K |
|
1781
Okta
OKTA
$24.7B
| $5.46M | ﹤0.01% |
58,284
-2,963
| -5% | -$281K |
|
1782
First Trust Alternative Absolute Return Strategy ETF
FAAR
$192M
| $5.44M | ﹤0.01% |
191,406
-85,411
| -31% | -$2.44M |
|
1783
Academy Sports + Outdoors
ASO
$2.94B
| $5.43M | ﹤0.01% |
101,966
+7,912
| +8% | +$450K |
|
1784
ITT
ITT
$17.5B
| $5.42M | ﹤0.01% |
41,952
+3,609
| +9% | +$474K |
|
1785
Schwab International Dividend Equity ETF
SCHY
$2.5B
| $5.42M | ﹤0.01% |
229,741
+7,997
| +4% | +$192K |
|
1786
Graco
GGG
$12.9B
| $5.41M | ﹤0.01% |
68,189
-17,427
| -20% | -$1.46M |
|
1787
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.42B
| $5.39M | ﹤0.01% |
246,687
+17,346
| +8% | +$375K |
|
1788
Vanguard ESG International Stock ETF
VSGX
$6.52B
| $5.39M | ﹤0.01% |
94,099
+20,107
| +27% | +$1.15M |
|
1789
United Airlines
UAL
$39.4B
| $5.37M | ﹤0.01% |
110,386
-47,764
| -30% | -$2.4M |
|
1790
Natixis Gateway Quality Income ETF
GQI
$266M
| $5.37M | ﹤0.01% |
+99,873
| New | +$5.25M |
|
1791
First Trust Japan AlphaDEX Fund
FJP
$249M
| $5.36M | ﹤0.01% |
104,105
-1,851
| -2% | -$97.8K |
|
1792
HSBC
HSBC
$365B
| $5.36M | ﹤0.01% |
123,193
+29,363
| +31% | +$1.26M |
|
1793
ProShares Short S&P500
SH
$907M
| $5.35M | ﹤0.01% |
117,129
-22,274
| -16% | -$1.07M |
|
1794
Lincoln Electric
LECO
$14.3B
| $5.35M | ﹤0.01% |
28,337
+9,140
| +48% | +$1.98M |
|
|
1795
PUT
Microsoft
MSFT
$3.45T
| $5.32M | ﹤0.01% |
11,900
+11,809
| +12,977% | +$4.99M |
|
1796
BlackRock Debt Strategies Fund
DSU
$593M
| $5.3M | ﹤0.01% |
489,375
+8,833
| +2% | +$95.8K |
|
1797
Jefferies Financial Group
JEF
$12.6B
| $5.3M | ﹤0.01% |
106,504
-4,962
| -4% | -$223K |
|
1798
Gaming and Leisure Properties
GLPI
$12.7B
| $5.29M | ﹤0.01% |
116,945
+9,405
| +9% | +$415K |
|
1799
On Holding
ONON
$12.1B
| $5.29M | ﹤0.01% |
136,248
+30,047
| +28% | +$1.1M |
|
1800
STF Tactical Growth ETF
TUG
$32.6M
| $5.28M | ﹤0.01% |
154,073
-4,916
| -3% | -$159K |
|
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.