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 | |
|---|---|---|---|---|---|---|
2651
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$332M
| $1.89M | ﹤0.01% |
115,504
-14,679
| -11% | -$230K |
|
2652
GFL Environmental
GFL
$14.9B
| $1.88M | ﹤0.01% |
48,373
+5,394
| +13% | +$185K |
|
2653
LCI Industries
LCII
$2.49B
| $1.88M | ﹤0.01% |
18,212
-112
| -0.6% | -$12.1K |
|
2654
First Financial Bankshares
FFIN
$5.04B
| $1.88M | ﹤0.01% |
63,713
+2,936
| +5% | +$87.9K |
|
2655
United Bankshares
UBSI
$6.63B
| $1.88M | ﹤0.01% |
57,855
+11,798
| +26% | +$390K |
|
2656
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.5M
| $1.88M | ﹤0.01% |
41,800
+25,498
| +156% | +$1.14M |
|
2657
BGC Group
BGC
$5.45B
| $1.88M | ﹤0.01% |
226,091
-6,195
| -3% | -$51K |
|
2658
Mueller Industries
MLI
$14.7B
| $1.88M | ﹤0.01% |
65,894
+27,212
| +70% | +$762K |
|
2659
Brookfield Infrastructure
BIPC
$5.2B
| $1.87M | ﹤0.01% |
55,658
-1,142
| -2% | -$38K |
|
2660
PGIM Active High Yield Bond ETF
PHYL
$1.32B
| $1.87M | ﹤0.01% |
54,265
-6,640
| -11% | -$228K |
|
2661
Insmed
INSM
$21.4B
| $1.87M | ﹤0.01% |
27,929
+15,603
| +127% | +$605K |
|
2662
American States Water
AWR
$3.36B
| $1.87M | ﹤0.01% |
25,742
+1,484
| +6% | +$107K |
|
2663
Invesco S&P 500 BuyWrite ETF
PBP
$354M
| $1.86M | ﹤0.01% |
84,138
+2,584
| +3% | +$57.3K |
|
2664
iShares International Treasury Bond ETF
IGOV
$1.53B
| $1.86M | ﹤0.01% |
48,232
+10,838
| +29% | +$422K |
|
2665
The Ensign Group
ENSG
$10.4B
| $1.86M | ﹤0.01% |
15,044
+1,064
| +8% | +$127K |
|
|
BECN
2666
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.86M | ﹤0.01% |
20,520
-1
| -0% | -$96 |
|
2667
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.69B
| $1.86M | ﹤0.01% |
38,350
+6,384
| +20% | +$309K |
|
|
MCN
2668
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $1.85M | ﹤0.01% |
243,496
+5,492
| +2% | +$39.5K |
|
2669
Horizon Technology Finance
HRZN
$295M
| $1.85M | ﹤0.01% |
153,697
+14,031
| +10% | +$163K |
|
2670
Innovator Growth-100 Power Buffer ETF January
NJAN
$351M
| $1.85M | ﹤0.01% |
40,798
+9,811
| +32% | +$431K |
|
2671
Abercrombie & Fitch
ANF
$4.42B
| $1.85M | ﹤0.01% |
10,390
+1,147
| +12% | +$166K |
|
|
SRV
2672
NXG Cushing Midstream Energy Fund
SRV
$219M
| $1.85M | ﹤0.01% |
44,517
+9,356
| +27% | +$393K |
|
2673
Vanguard US Minimum Volatility ETF
VFMV
$432M
| $1.84M | ﹤0.01% |
16,224
+3,700
| +30% | +$411K |
|
2674
Goodyear
GT
$2B
| $1.84M | ﹤0.01% |
162,385
-1,305
| -0.8% | -$16K |
|
|
ENV
2675
DELISTED
ENVESTNET, INC.
ENV
| $1.84M | ﹤0.01% |
29,424
-1,627
| -5% | -$102K |
|
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.