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 | |
|---|---|---|---|---|---|---|
2401
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16M
| $2.52M | ﹤0.01% |
66,457
+4,277
| +7% | +$161K |
|
2402
Cirrus Logic
CRUS
$6.53B
| $2.51M | ﹤0.01% |
19,672
+13,686
| +229% | +$1.44M |
|
2403
Brown-Forman Class B
BF.B
$13.2B
| $2.51M | ﹤0.01% |
58,094
+746
| +1% | +$35.1K |
|
2404
Infosys
INFY
$48.7B
| $2.51M | ﹤0.01% |
134,720
-199,971
| -60% | -$3.48M |
|
2405
JPMorgan Core Plus Bond ETF
JCPB
$13.9B
| $2.5M | ﹤0.01% |
54,051
+38,567
| +249% | +$1.77M |
|
2406
FT Vest US Equity Deep Buffer ETF December
DDEC
$429M
| $2.5M | ﹤0.01% |
64,968
+1,401
| +2% | +$52.8K |
|
2407
Oshkosh
OSK
$8.79B
| $2.5M | ﹤0.01% |
23,106
+2,995
| +15% | +$346K |
|
2408
Ingredion
INGR
$6.27B
| $2.5M | ﹤0.01% |
21,772
+2,261
| +12% | +$261K |
|
2409
Robinhood
HOOD
$77.8B
| $2.49M | ﹤0.01% |
109,719
+2,202
| +2% | +$43.1K |
|
|
BTO
2410
John Hancock Financial Opportunities Fund
BTO
$798M
| $2.49M | ﹤0.01% |
88,882
+5,958
| +7% | +$166K |
|
|
CGO
2411
Calamos Global Total Return Fund
CGO
$125M
| $2.49M | ﹤0.01% |
224,690
+8,592
| +4% | +$89.6K |
|
2412
Aptus Enhanced Yield ETF
JUCY
$316M
| $2.49M | ﹤0.01% |
107,505
-14,556
| -12% | -$339K |
|
2413
FT Vest US Equity Deep Buffer ETF January
DJAN
$474M
| $2.49M | ﹤0.01% |
66,948
+756
| +1% | +$27.4K |
|
2414
AXIS Capital
AXS
$7.68B
| $2.49M | ﹤0.01% |
35,181
-5,695
| -14% | -$386K |
|
2415
Corpay
CPAY
$25B
| $2.48M | ﹤0.01% |
9,323
-8,150
| -47% | -$2.31M |
|
2416
Teradata
TDC
$2.92B
| $2.48M | ﹤0.01% |
71,859
-2,455
| -3% | -$85.7K |
|
2417
Tradeweb Markets
TW
$21.4B
| $2.48M | ﹤0.01% |
23,373
+976
| +4% | +$103K |
|
2418
Ternium
TX
$9.67B
| $2.48M | ﹤0.01% |
65,974
+39,309
| +147% | +$1.62M |
|
2419
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$425M
| $2.48M | ﹤0.01% |
22,238
-4,693
| -17% | -$508K |
|
2420
Ashland
ASH
$3.33B
| $2.48M | ﹤0.01% |
26,215
+4,172
| +19% | +$405K |
|
2421
Atlantic Union Bankshares
AUB
$6.02B
| $2.48M | ﹤0.01% |
75,385
+50,128
| +198% | +$1.63M |
|
|
GTOQ
2422
Invesco High Yield Systematic Bond ETF
GTOQ
$180M
| $2.47M | ﹤0.01% |
111,760
+65,626
| +142% | +$1.45M |
|
2423
AdvisorShares Ranger Equity Bear ETF
HDGE
$60M
| $2.47M | ﹤0.01% |
119,885
+22,399
| +23% | +$465K |
|
2424
United States Oil Fund
USO
$2.15B
| $2.47M | ﹤0.01% |
30,976
-7,198
| -19% | -$559K |
|
|
TYG
2425
Tortoise Energy Infrastructure Corp
TYG
$1.09B
| $2.46M | ﹤0.01% |
70,581
+5,555
| +9% | +$181K |
|
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.