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 | |
|---|---|---|---|---|---|---|
2526
Cal-Maine
CALM
$4.12B
| $2.18M | ﹤0.01% |
35,596
-9,473
| -21% | -$562K |
|
2527
Frontline
FRO
$8.76B
| $2.17M | ﹤0.01% |
84,359
+17,863
| +27% | +$455K |
|
2528
FT Vest US Equity Deep Buffer ETF November
DNOV
$397M
| $2.17M | ﹤0.01% |
52,425
+500
| +1% | +$20.3K |
|
2529
Elastic
ESTC
$6.84B
| $2.17M | ﹤0.01% |
19,033
+2,349
| +14% | +$247K |
|
2530
DaVita
DVA
$15.4B
| $2.17M | ﹤0.01% |
15,629
-514
| -3% | -$70.8K |
|
|
WCBR
2531
WisdomTree Cybersecurity Fund
WCBR
$107M
| $2.15M | ﹤0.01% |
85,631
+987
| +1% | +$24.1K |
|
2532
Collegium Pharmaceutical
COLL
$1.15B
| $2.15M | ﹤0.01% |
66,709
-43,077
| -39% | -$1.49M |
|
2533
Roundhill Ball Metaverse ETF
METV
$209M
| $2.15M | ﹤0.01% |
164,515
-3,451
| -2% | -$42.9K |
|
|
BRSP
2534
BrightSpire Capital
BRSP
$634M
| $2.15M | ﹤0.01% |
376,472
+13,857
| +4% | +$85.1K |
|
2535
Gladstone Investment Corp
GAIN
$643M
| $2.14M | ﹤0.01% |
153,266
+197
| +0.1% | +$2.77K |
|
2536
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$730M
| $2.14M | ﹤0.01% |
45,042
-1,272
| -3% | -$60.2K |
|
2537
H.B. Fuller
FUL
$2.97B
| $2.14M | ﹤0.01% |
27,767
+133
| +0.5% | +$10.3K |
|
2538
Crown Holdings
CCK
$12.8B
| $2.13M | ﹤0.01% |
28,623
-2,673
| -9% | -$216K |
|
2539
Nuveen ESG Emerging Markets Equity ETF
NUEM
$368M
| $2.13M | ﹤0.01% |
74,168
-7,222
| -9% | -$202K |
|
2540
East-West Bancorp
EWBC
$17.9B
| $2.13M | ﹤0.01% |
29,025
-1,865
| -6% | -$138K |
|
2541
iShares Global Utilities ETF
JXI
$314M
| $2.12M | ﹤0.01% |
35,438
+4,591
| +15% | +$280K |
|
2542
Repligen
RGEN
$7.96B
| $2.12M | ﹤0.01% |
16,828
-560
| -3% | -$87.8K |
|
2543
FT Vest Growth-100 Buffer ETF March
QMAR
$563M
| $2.12M | ﹤0.01% |
75,690
-28,796
| -28% | -$772K |
|
|
HBI
2544
DELISTED
Hanesbrands
HBI
| $2.11M | ﹤0.01% |
428,620
+27,735
| +7% | +$136K |
|
2545
Comstock Resources
CRK
$3.89B
| $2.11M | ﹤0.01% |
203,402
+36,338
| +22% | +$381K |
|
2546
VanEck Vietnam ETF
VNM
$491M
| $2.11M | ﹤0.01% |
173,340
+81,692
| +89% | +$1.04M |
|
2547
Global X Variable Rate Preferred ETF
PFFV
$305M
| $2.11M | ﹤0.01% |
89,195
+11,859
| +15% | +$279K |
|
|
IFN
2548
Aberdeen India Fund
IFN
$499M
| $2.1M | ﹤0.01% |
117,842
+22,745
| +24% | +$413K |
|
2549
FT Vest US Equity Deep Buffer ETF September
DSEP
$351M
| $2.1M | ﹤0.01% |
53,676
-800
| -1% | -$30.7K |
|
2550
Angel Oak High Yield Opportunities ETF
AOHY
$123M
| $2.1M | ﹤0.01% |
192,689
-13,194
| -6% | -$144K |
|
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.