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 | |
|---|---|---|---|---|---|---|
|
PLYM
2851
DELISTED
Plymouth Industrial REIT
PLYM
| $1.52M | ﹤0.01% |
71,243
+5,227
| +8% | +$110K |
|
2852
Upstart Holdings
UPST
$2.63B
| $1.52M | ﹤0.01% |
64,553
-457
| -0.7% | -$11K |
|
2853
ARK Space & Defense Innovation ETF
ARKX
$793M
| $1.52M | ﹤0.01% |
102,052
+2,752
| +3% | +$41.1K |
|
|
DHY
2854
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.52M | ﹤0.01% |
753,371
-37,367
| -5% | -$76.1K |
|
2855
FT Vest US Equity Moderate Buffer ETF June
GJUN
$515M
| $1.52M | ﹤0.01% |
44,577
-3,462
| -7% | -$116K |
|
2856
Korn Ferry
KFY
$4.18B
| $1.52M | ﹤0.01% |
22,644
+344
| +2% | +$22.1K |
|
2857
Coupang
CPNG
$29.3B
| $1.52M | ﹤0.01% |
72,411
+46,688
| +182% | +$1.01M |
|
2858
Trustmark
TRMK
$2.76B
| $1.52M | ﹤0.01% |
50,459
+224
| +0.4% | +$6.43K |
|
2859
SGI US Large Cap Core ETF
SGLC
$204M
| $1.51M | ﹤0.01% |
43,403
-30,656
| -41% | -$1.03M |
|
2860
Amplify Video Game Tech ETF
GAMR
$38.3M
| $1.51M | ﹤0.01% |
24,561
+577
| +2% | +$34K |
|
2861
Innovator US Equity Ultra Buffer ETF October
UOCT
$180M
| $1.51M | ﹤0.01% |
44,195
-390
| -0.9% | -$13.2K |
|
2862
iShares MSCI Australia ETF
EWA
$1.39B
| $1.51M | ﹤0.01% |
61,962
-9,468
| -13% | -$230K |
|
2863
PIMCO RAFI ESG US ETF
RAFE
$163M
| $1.51M | ﹤0.01% |
+42,906
| New | +$1.48M |
|
2864
MSC Industrial Direct
MSM
$6.89B
| $1.51M | ﹤0.01% |
19,051
+2,443
| +15% | +$217K |
|
|
FSD
2865
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.51M | ﹤0.01% |
122,179
+592
| +0.5% | +$7K |
|
2866
Insight Enterprises
NSIT
$3.89B
| $1.51M | ﹤0.01% |
7,590
-327
| -4% | -$63.6K |
|
2867
Dimensional International Small Cap ETF
DFIS
$5.81B
| $1.51M | ﹤0.01% |
61,118
+13,514
| +28% | +$338K |
|
2868
iShares Global Timber & Forestry ETF
WOOD
$268M
| $1.5M | ﹤0.01% |
19,204
+621
| +3% | +$50.6K |
|
2869
ProShares S&P 500 ex-Energy ETF
SPXE
$83.6M
| $1.5M | ﹤0.01% |
25,670
+398
| +2% | +$22.3K |
|
2870
Rexford Industrial Realty
REXR
$8.42B
| $1.5M | ﹤0.01% |
33,667
+7,399
| +28% | +$333K |
|
2871
CBIZ
CBZ
$2.99B
| $1.5M | ﹤0.01% |
20,213
-33
| -0.2% | -$2.49K |
|
2872
T. Rowe Price Dividend Growth ETF
TDVG
$1.42B
| $1.5M | ﹤0.01% |
38,848
+2,031
| +6% | +$76.7K |
|
2873
PUT
Lockheed Martin
LMT
$134B
| $1.49M | ﹤0.01% |
3,200
+3,169
| +10,223% | +$1.46M |
|
2874
Axos Financial
AX
$5.77B
| $1.49M | ﹤0.01% |
26,141
-1,129
| -4% | -$61.4K |
|
2875
Dorchester Minerals
DMLP
$1.33B
| $1.49M | ﹤0.01% |
48,334
-1,940
| -4% | -$63.2K |
|
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.