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 | |
|---|---|---|---|---|---|---|
2176
Nuveen ESG International Developed Markets Equity ETF
NUDM
$707M
| $3.32M | ﹤0.01% |
106,779
+9,166
| +9% | +$283K |
|
2177
IQ Candriam US Large Cap Equity ETF
IQSU
$325M
| $3.32M | ﹤0.01% |
73,085
-9,825
| -12% | -$434K |
|
2178
Global X Blockchain ETF
BKCH
$212M
| $3.31M | ﹤0.01% |
64,995
+18,574
| +40% | +$843K |
|
2179
Curtiss-Wright
CW
$26.7B
| $3.3M | ﹤0.01% |
12,189
+1,055
| +9% | +$282K |
|
2180
DT Midstream
DTM
$14.1B
| $3.29M | ﹤0.01% |
46,301
+9,412
| +26% | +$618K |
|
2181
Invesco Municipal Trust
VKQ
$541M
| $3.29M | ﹤0.01% |
330,051
+4,407
| +1% | +$42.4K |
|
|
FLG
2182
Flagstar Bank National Association
FLG
$5.93B
| $3.29M | ﹤0.01% |
340,161
+59,224
| +21% | +$573K |
|
2183
Strive US Energy ETF
DRLL
$298M
| $3.28M | ﹤0.01% |
109,682
+15,216
| +16% | +$469K |
|
2184
iShares MSCI United Kingdom ETF
EWU
$4.14B
| $3.28M | ﹤0.01% |
94,133
-114,675
| -55% | -$4.03M |
|
2185
Invesco Trust Investment Grade Municipals
VGM
$548M
| $3.28M | ﹤0.01% |
319,181
+6,965
| +2% | +$68.5K |
|
2186
Atkore
ATKR
$2.46B
| $3.26M | ﹤0.01% |
24,174
+12,829
| +113% | +$2.04M |
|
2187
Avnet
AVT
$7.29B
| $3.25M | ﹤0.01% |
63,172
+24,769
| +64% | +$1.27M |
|
2188
Carpenter Technology
CRS
$25.8B
| $3.25M | ﹤0.01% |
29,667
+1,239
| +4% | +$119K |
|
2189
Amplify Mobile Payments ETF
IPAY
$170M
| $3.25M | ﹤0.01% |
69,461
-7,315
| -10% | -$356K |
|
|
STXF
2190
Strive 500 ETF
STXF
$1.12B
| $3.25M | ﹤0.01% |
92,897
+20,442
| +28% | +$688K |
|
2191
State Street Income Allocation ETF
INKM
$72M
| $3.24M | ﹤0.01% |
105,802
+97
| +0.1% | +$2.99K |
|
|
ACVU
2192
Hartford Alpha Capture Value ETF
ACVU
$187M
| $3.24M | ﹤0.01% |
132,512
-10,613
| -7% | -$258K |
|
2193
iShares Global Materials ETF
MXI
$338M
| $3.23M | ﹤0.01% |
38,051
+929
| +3% | +$81.9K |
|
2194
Campbell Soup
CPB
$6.55B
| $3.23M | ﹤0.01% |
71,394
-7,060
| -9% | -$315K |
|
2195
Invesco Global Water ETF
PIO
$274M
| $3.22M | ﹤0.01% |
79,633
+13,377
| +20% | +$556K |
|
2196
Royce Quant Small-Cap Quality Value ETF
SQLV
$29.2M
| $3.21M | ﹤0.01% |
82,551
-4,228
| -5% | -$167K |
|
2197
UiPath
PATH
$6.61B
| $3.21M | ﹤0.01% |
252,994
+9,897
| +4% | +$171K |
|
2198
Nuveen California Quality Municipal Income Fund
NAC
$1.83B
| $3.21M | ﹤0.01% |
278,009
-33,860
| -11% | -$374K |
|
|
SCHQ
2199
Schwab Long-Term US Treasury ETF
SCHQ
$792M
| $3.2M | ﹤0.01% |
+97,642
| New | +$3.18M |
|
2200
FT Vest US Equity Buffer ETF February
FFEB
$1.38B
| $3.2M | ﹤0.01% |
68,445
-10,293
| -13% | -$468K |
|
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.