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 | |
|---|---|---|---|---|---|---|
2751
Casella Waste Systems
CWST
$5.71B
| $1.71M | ﹤0.01% |
17,199
-768
| -4% | -$74K |
|
2752
Alliance Resource Partners
ARLP
$3.34B
| $1.7M | ﹤0.01% |
69,579
-3,182
| -4% | -$72.1K |
|
2753
Louisiana-Pacific
LPX
$5.06B
| $1.7M | ﹤0.01% |
20,651
-370
| -2% | -$30.9K |
|
2754
iShares Global Industrials ETF
EXI
$1.42B
| $1.7M | ﹤0.01% |
12,568
+2,659
| +27% | +$365K |
|
2755
Neurocrine Biosciences
NBIX
$16.8B
| $1.7M | ﹤0.01% |
12,328
-232
| -2% | -$31.8K |
|
2756
Invitation Homes
INVH
$17.7B
| $1.7M | ﹤0.01% |
47,278
-603
| -1% | -$21K |
|
2757
Vericel Corp
VCEL
$2.35B
| $1.7M | ﹤0.01% |
36,953
+28,080
| +316% | +$1.32M |
|
2758
PUT
Oracle
ORCL
$374B
| $1.69M | ﹤0.01% |
+12,000
| New | +$1.49M |
|
2759
Ryan Specialty Holdings
RYAN
$5.72B
| $1.69M | ﹤0.01% |
29,236
+2,857
| +11% | +$152K |
|
2760
Ryder
R
$9.83B
| $1.69M | ﹤0.01% |
13,665
+2,117
| +18% | +$256K |
|
2761
ALPS O'Shares Global Internet Giants ETF
OGIG
$104M
| $1.69M | ﹤0.01% |
42,856
-2,380
| -5% | -$90.8K |
|
2762
Elanco Animal Health
ELAN
$13.2B
| $1.69M | ﹤0.01% |
116,866
+78,556
| +205% | +$1.26M |
|
2763
CareTrust REIT
CTRE
$9.91B
| $1.69M | ﹤0.01% |
67,157
+11,040
| +20% | +$273K |
|
2764
Euronet Worldwide
EEFT
$2.72B
| $1.68M | ﹤0.01% |
16,270
+2,365
| +17% | +$259K |
|
|
SPNS
2765
DELISTED
Sapiens International
SPNS
| $1.68M | ﹤0.01% |
49,592
-4,185
| -8% | -$137K |
|
2766
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$453M
| $1.68M | ﹤0.01% |
72,726
+35,785
| +97% | +$825K |
|
2767
PUT
NextEra Energy
NEE
$181B
| $1.68M | ﹤0.01% |
23,700
+23,247
| +5,132% | +$1.65M |
|
2768
TETRA Technologies
TTI
$1.14B
| $1.68M | ﹤0.01% |
484,995
+273,088
| +129% | +$1.09M |
|
2769
Xtrackers Short Duration High Yield Bond ETF
SHYL
$267M
| $1.68M | ﹤0.01% |
38,036
+23,733
| +166% | +$1.04M |
|
2770
First Trust Securitized Plus ETF
DEED
$79.8M
| $1.68M | ﹤0.01% |
81,240
-5,234
| -6% | -$107K |
|
2771
Travel + Leisure Co
TNL
$4.66B
| $1.68M | ﹤0.01% |
37,252
-1,055
| -3% | -$47.3K |
|
2772
Fabrinet
FN
$15.6B
| $1.67M | ﹤0.01% |
6,830
+1,071
| +19% | +$227K |
|
2773
WisdomTree True Emerging Markets Fund
XC
$80.5M
| $1.67M | ﹤0.01% |
+52,021
| New | +$1.61M |
|
2774
New Oriental
EDU
$9.37B
| $1.67M | ﹤0.01% |
21,458
+14,342
| +202% | +$1.17M |
|
2775
Centrus Energy
LEU
$3.48B
| $1.67M | ﹤0.01% |
38,992
+14,381
| +58% | +$636K |
|
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.