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 | |
|---|---|---|---|---|---|---|
1801
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$651M
| $5.28M | ﹤0.01% |
210,943
+17,480
| +9% | +$437K |
|
1802
Invesco BulletShares 2030 Municipal Bond ETF
BSMU
$274M
| $5.27M | ﹤0.01% |
242,242
+17,725
| +8% | +$387K |
|
1803
Pacer US Cash Cows Growth ETF
BUL
$132M
| $5.27M | ﹤0.01% |
124,160
+88,733
| +250% | +$3.72M |
|
1804
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.22B
| $5.25M | ﹤0.01% |
128,481
-12,517
| -9% | -$537K |
|
|
AZPN
1805
DELISTED
Aspen Technology Inc
AZPN
| $5.24M | ﹤0.01% |
26,368
+1,501
| +6% | +$308K |
|
1806
Hess Midstream
HESM
$5.24B
| $5.24M | ﹤0.01% |
143,663
+71
| +0% | +$2.51K |
|
1807
JPMorgan BetaBuilders Europe ETF
BBEU
$9.35B
| $5.23M | ﹤0.01% |
88,793
+11,637
| +15% | +$696K |
|
1808
Woodward
WWD
$21.5B
| $5.22M | ﹤0.01% |
29,933
-948
| -3% | -$161K |
|
1809
Charter Communications
CHTR
$17.3B
| $5.22M | ﹤0.01% |
17,457
+4,012
| +30% | +$1.09M |
|
1810
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$658M
| $5.22M | ﹤0.01% |
208,577
+8,036
| +4% | +$201K |
|
1811
GigaCloud Technology
GCT
$1.63B
| $5.2M | ﹤0.01% |
171,057
+42,861
| +33% | +$1.43M |
|
1812
ClearBridge Dividend Strategy ESG ETF
YLDE
$169M
| $5.2M | ﹤0.01% |
110,716
+5,985
| +6% | +$277K |
|
1813
US Foods
USFD
$22.2B
| $5.19M | ﹤0.01% |
97,981
+3,120
| +3% | +$164K |
|
1814
Antero Midstream
AM
$10.4B
| $5.18M | ﹤0.01% |
351,620
+62,899
| +22% | +$903K |
|
1815
Donaldson
DCI
$10.9B
| $5.18M | ﹤0.01% |
72,392
-6,694
| -8% | -$491K |
|
1816
Invesco Food & Beverage ETF
PBJ
$108M
| $5.18M | ﹤0.01% |
113,428
-14,462
| -11% | -$681K |
|
1817
International Flavors & Fragrances
IFF
$20.2B
| $5.17M | ﹤0.01% |
54,289
-9,787
| -15% | -$897K |
|
1818
Coherent
COHR
$51.4B
| $5.16M | ﹤0.01% |
71,212
-171
| -0.2% | -$10.3K |
|
1819
Invesco S&P SmallCap Information Technology ETF
PSCT
$498M
| $5.16M | ﹤0.01% |
110,476
-5,809
| -5% | -$266K |
|
1820
Rambus
RMBS
$9.87B
| $5.15M | ﹤0.01% |
87,674
-7,193
| -8% | -$411K |
|
1821
Axcelis
ACLS
$4.01B
| $5.15M | ﹤0.01% |
36,228
+10,181
| +39% | +$1.17M |
|
1822
iShares ESG Screened S&P 500 ETF
XVV
$648M
| $5.14M | ﹤0.01% |
122,317
+79,050
| +183% | +$3.18M |
|
1823
Shift4
FOUR
$4.2B
| $5.14M | ﹤0.01% |
70,113
+27,887
| +66% | +$1.85M |
|
1824
RB Global
RBA
$20.4B
| $5.14M | ﹤0.01% |
67,313
+1,668
| +3% | +$125K |
|
1825
Invesco BulletShares 2029 High Yield Corporate Bond ETF
BSJT
$561M
| $5.14M | ﹤0.01% |
245,132
+67,063
| +38% | +$1.41M |
|
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.