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 | |
|---|---|---|---|---|---|---|
1901
Invesco AAA CLO Floating Rate Note ETF
ICLO
$513M
| $4.73M | ﹤0.01% |
184,173
+158,135
| +607% | +$4.06M |
|
1902
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
$72.8M
| $4.73M | ﹤0.01% |
140,975
+36,545
| +35% | +$1.22M |
|
1903
FT Energy Income Partners Strategy ETF
EIPX
$561M
| $4.73M | ﹤0.01% |
202,482
+42,697
| +27% | +$998K |
|
1904
Capital Southwest
CSWC
$1.47B
| $4.72M | ﹤0.01% |
181,011
+27,511
| +18% | +$706K |
|
1905
PUT
SLB Ltd
SLB
$73.6B
| $4.72M | ﹤0.01% |
100,000
+99,873
| +78,640% | +$4.82M |
|
|
ZTR
1906
Virtus Total Return Fund
ZTR
$340M
| $4.72M | ﹤0.01% |
864,694
+11,543
| +1% | +$62.5K |
|
1907
ALPS Equal Sector Weight ETF
EQL
$757M
| $4.72M | ﹤0.01% |
120,027
+1,977
| +2% | +$76.8K |
|
1908
WisdomTree Global High Dividend Fund
DEW
$148M
| $4.72M | ﹤0.01% |
94,261
-497
| -0.5% | -$25K |
|
1909
Invesco Quality Municipal Securities
IQI
$522M
| $4.71M | ﹤0.01% |
475,115
-76,345
| -14% | -$733K |
|
1910
Onto Innovation
ONTO
$12.9B
| $4.71M | ﹤0.01% |
21,466
-2,822
| -12% | -$583K |
|
|
LEAD
1911
DELISTED
Siren DIVCON Leaders Dividend ETF
LEAD
| $4.71M | ﹤0.01% |
74,005
+889
| +1% | +$56.4K |
|
1912
Inspire Small/Mid Cap Impact ETF
ISMD
$332M
| $4.7M | ﹤0.01% |
135,742
+55,962
| +70% | +$1.94M |
|
|
BBT
1913
Beacon Financial Corp
BBT
$2.66B
| $4.7M | ﹤0.01% |
206,010
+4
| +0% | +$88 |
|
1914
Zoom
ZM
$28.2B
| $4.69M | ﹤0.01% |
79,228
-14,939
| -16% | -$918K |
|
1915
Golub Capital BDC
GBDC
$3.34B
| $4.69M | ﹤0.01% |
298,447
+5,797
| +2% | +$95.2K |
|
1916
Paycom
PAYC
$7.64B
| $4.67M | ﹤0.01% |
32,653
+1,627
| +5% | +$279K |
|
|
PHK
1917
PIMCO High Income Fund
PHK
$867M
| $4.67M | ﹤0.01% |
968,352
+53,969
| +6% | +$260K |
|
1918
A.O. Smith
AOS
$8.29B
| $4.66M | ﹤0.01% |
56,996
+10,477
| +23% | +$887K |
|
|
GBAB
1919
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$382M
| $4.66M | ﹤0.01% |
293,138
-32,176
| -10% | -$515K |
|
1920
CF Industries
CF
$19.2B
| $4.66M | ﹤0.01% |
62,834
-12,895
| -17% | -$1M |
|
1921
Invesco Oil & Gas Services ETF
PXJ
$65.9M
| $4.65M | ﹤0.01% |
145,482
+31,719
| +28% | +$1.01M |
|
1922
Alphatec Holdings
ATEC
$1.46B
| $4.64M | ﹤0.01% |
444,355
+106,438
| +31% | +$1.24M |
|
1923
AptarGroup
ATR
$8.55B
| $4.63M | ﹤0.01% |
32,892
+2,325
| +8% | +$336K |
|
|
FFC
1924
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$777M
| $4.63M | ﹤0.01% |
313,097
+69,316
| +28% | +$1M |
|
1925
Pentair
PNR
$10.4B
| $4.63M | ﹤0.01% |
60,345
+704
| +1% | +$56.7K |
|
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.