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 | |
|---|---|---|---|---|---|---|
|
IGR
2026
CBRE Global Real Estate Income Fund
IGR
$718M
| $4.04M | ﹤0.01% |
800,636
+332,358
| +71% | +$1.67M |
|
2027
InfraCap MLP ETF
AMZA
$470M
| $4.03M | ﹤0.01% |
98,058
+2,283
| +2% | +$91K |
|
2028
Invesco BulletShares 2030 High Yield Corporate Bond ETF
BSJU
$303M
| $4.03M | ﹤0.01% |
158,585
+38,891
| +32% | +$990K |
|
2029
Willis Towers Watson
WTW
$31.2B
| $4.02M | ﹤0.01% |
15,351
+689
| +5% | +$178K |
|
2030
VanEck Energy Income ETF
EINC
$78.2M
| $4.01M | ﹤0.01% |
50,458
+24,247
| +93% | +$1.86M |
|
2031
monday.com
MNDY
$3.68B
| $4.01M | ﹤0.01% |
16,656
+236
| +1% | +$49.8K |
|
2032
Dolby
DLB
$5.51B
| $4.01M | ﹤0.01% |
50,604
-2,832
| -5% | -$228K |
|
2033
CubeSmart
CUBE
$9.39B
| $4M | ﹤0.01% |
88,618
+3,072
| +4% | +$132K |
|
2034
Coca-Cola Consolidated
COKE
$12.5B
| $4M | ﹤0.01% |
36,860
-2,850
| -7% | -$264K |
|
2035
VF Corp
VFC
$5.63B
| $4M | ﹤0.01% |
296,244
-75,163
| -20% | -$986K |
|
2036
Xtrackers Russell US Multifactor ETF
DEUS
$300M
| $3.99M | ﹤0.01% |
79,263
+19,960
| +34% | +$1.01M |
|
2037
Brookfield Infrastructure Partners
BIP
$19.2B
| $3.99M | ﹤0.01% |
145,451
-19,521
| -12% | -$556K |
|
2038
iShares MSCI Europe Financials ETF
EUFN
$4.14B
| $3.98M | ﹤0.01% |
178,153
-107,521
| -38% | -$2.47M |
|
2039
Virtus Terranova US Quality Momentum ETF
JOET
$241M
| $3.98M | ﹤0.01% |
115,992
+7,745
| +7% | +$260K |
|
2040
Toro Company
TTC
$8.75B
| $3.98M | ﹤0.01% |
42,561
-14,732
| -26% | -$1.3M |
|
2041
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $3.98M | ﹤0.01% |
90,305
-873
| -1% | -$38.3K |
|
2042
Murphy USA
MUSA
$11.2B
| $3.97M | ﹤0.01% |
8,454
+564
| +7% | +$246K |
|
|
PENG
2043
Penguin Solutions Inc
PENG
$2.7B
| $3.97M | ﹤0.01% |
173,510
+139,808
| +415% | +$2.91M |
|
2044
Jabil
JBL
$33B
| $3.96M | ﹤0.01% |
36,426
-10,548
| -22% | -$1.28M |
|
2045
Pan American Silver
PAAS
$18.2B
| $3.96M | ﹤0.01% |
199,024
-35,320
| -15% | -$696K |
|
2046
PUT
Bristol-Myers Squibb
BMY
$133B
| $3.95M | ﹤0.01% |
95,200
+94,963
| +40,069% | +$4.25M |
|
2047
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.6B
| $3.94M | ﹤0.01% |
85,595
-100,037
| -54% | -$4.63M |
|
|
IGD
2048
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $3.94M | ﹤0.01% |
766,029
-18,591
| -2% | -$95.6K |
|
2049
Organon & Co
OGN
$3.56B
| $3.93M | ﹤0.01% |
189,970
-120,197
| -39% | -$2.39M |
|
2050
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.34B
| $3.93M | ﹤0.01% |
161,247
-37,038
| -19% | -$924K |
|
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.