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 | |
|---|---|---|---|---|---|---|
2726
ProShares Inflation Expectations ETF
RINF
$18.3M
| $1.75M | ﹤0.01% |
53,321
-667
| -1% | -$22K |
|
2727
NuScale Power
SMR
$2.91B
| $1.75M | ﹤0.01% |
149,575
+57,009
| +62% | +$406K |
|
|
SBR
2728
Sabine Royalty Trust
SBR
$1.06B
| $1.75M | ﹤0.01% |
27,010
+368
| +1% | +$23.7K |
|
2729
DNOW Inc
DNOW
$2.58B
| $1.74M | ﹤0.01% |
127,084
+53,264
| +72% | +$758K |
|
2730
iShares Government/Credit Bond ETF
GBF
$133M
| $1.74M | ﹤0.01% |
16,923
-4,107
| -20% | -$419K |
|
2731
Honda
HMC
$39.1B
| $1.74M | ﹤0.01% |
53,911
+367
| +0.7% | +$12.4K |
|
2732
Vail Resorts
MTN
$5.32B
| $1.74M | ﹤0.01% |
9,646
+2,219
| +30% | +$441K |
|
2733
Invesco Floating Rate Municipal Income ETF
PVI
$32.3M
| $1.74M | ﹤0.01% |
70,102
+8,130
| +13% | +$202K |
|
2734
Paylocity
PCTY
$7.38B
| $1.74M | ﹤0.01% |
13,159
+332
| +3% | +$51.4K |
|
|
BWIN
2735
Baldwin Insurance Group
BWIN
$2.69B
| $1.73M | ﹤0.01% |
48,826
+37,811
| +343% | +$1.17M |
|
2736
America Movil
AMX
$76.1B
| $1.73M | ﹤0.01% |
101,866
+10,327
| +11% | +$190K |
|
2737
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$646M
| $1.73M | ﹤0.01% |
138,385
+2,300
| +2% | +$27.4K |
|
2738
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.8M
| $1.73M | ﹤0.01% |
32,939
-5,090
| -13% | -$267K |
|
2739
FT Vest US Equity Moderate Buffer ETF January
GJAN
$437M
| $1.73M | ﹤0.01% |
46,892
+2,509
| +6% | +$90.6K |
|
2740
Littelfuse
LFUS
$11.2B
| $1.73M | ﹤0.01% |
6,755
-204
| -3% | -$50.5K |
|
2741
Napco Security Technologies
NSSC
$1.32B
| $1.72M | ﹤0.01% |
33,129
+2,342
| +8% | +$107K |
|
2742
Twist Bioscience
TWST
$5.7B
| $1.72M | ﹤0.01% |
34,864
+5,876
| +20% | +$240K |
|
2743
GXO Logistics
GXO
$5.77B
| $1.72M | ﹤0.01% |
34,010
-5,801
| -15% | -$293K |
|
2744
iShares International Equity Factor ETF
INTF
$3.62B
| $1.72M | ﹤0.01% |
58,689
+8,804
| +18% | +$261K |
|
2745
VanEck Long/Flat Trend ETF
LFEQ
$28.3M
| $1.72M | ﹤0.01% |
37,193
-1,362
| -4% | -$60.2K |
|
|
CRUZ
2746
DELISTED
Defiance Hotel, Airline, and Cruise ETF
CRUZ
| $1.71M | ﹤0.01% |
78,446
-21,362
| -21% | -$466K |
|
|
SEE
2747
DELISTED
Sealed Air
SEE
| $1.71M | ﹤0.01% |
49,252
-3,366
| -6% | -$120K |
|
|
GOOD
2748
Gladstone Commercial Corp
GOOD
$605M
| $1.71M | ﹤0.01% |
120,059
-2,536
| -2% | -$35.3K |
|
2749
Kontoor Brands
KTB
$4.63B
| $1.71M | ﹤0.01% |
25,828
+1,616
| +7% | +$106K |
|
2750
TFI International
TFII
$11.1B
| $1.71M | ﹤0.01% |
11,758
+2,789
| +31% | +$394K |
|
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.