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 | |
|---|---|---|---|---|---|---|
3001
FT Vest US Equity Deep Buffer ETF July
DJUL
$432M
| $1.3M | ﹤0.01% |
32,776
+779
| +2% | +$30.3K |
|
3002
Goldman Sachs BDC
GSBD
$969M
| $1.3M | ﹤0.01% |
86,775
+14,103
| +19% | +$216K |
|
|
RMM
3003
RiverNorth Managed Duration Municipal Income Fund
RMM
$283M
| $1.3M | ﹤0.01% |
85,465
+3,128
| +4% | +$46.4K |
|
|
EMBJ
3004
Embraer S.A. ADS
EMBJ
$12.2B
| $1.3M | ﹤0.01% |
50,532
-1,534
| -3% | -$41.5K |
|
3005
Invesco S&P SmallCap Materials ETF
PSCM
$20.2M
| $1.29M | ﹤0.01% |
17,310
-5,546
| -24% | -$424K |
|
3006
Chesapeake Utilities
CPK
$3.19B
| $1.29M | ﹤0.01% |
12,176
-2,146
| -15% | -$230K |
|
3007
EPAM Systems
EPAM
$5.51B
| $1.29M | ﹤0.01% |
6,857
-3,670
| -35% | -$783K |
|
|
LAC
3008
Lithium Americas
LAC
$1.01B
| $1.29M | ﹤0.01% |
481,203
+52,583
| +12% | +$232K |
|
3009
iShares US Oil Equipment & Services ETF
IEZ
$361M
| $1.29M | ﹤0.01% |
57,871
-4,649
| -7% | -$105K |
|
3010
Community Bank
CBU
$3.41B
| $1.29M | ﹤0.01% |
27,286
+446
| +2% | +$20.2K |
|
|
XRLV
3011
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $1.29M | ﹤0.01% |
26,198
-23,480
| -47% | -$1.15M |
|
3012
Inspire Medical Systems
INSP
$1.45B
| $1.29M | ﹤0.01% |
9,618
-5
| -0.1% | -$946 |
|
3013
Plug Power
PLUG
$2.87B
| $1.28M | ﹤0.01% |
550,973
+92,323
| +20% | +$264K |
|
|
EFOR
3014
Everforth Inc
EFOR
$1.17B
| $1.28M | ﹤0.01% |
14,557
+282
| +2% | +$26.9K |
|
3015
Vertex
VERX
$2.09B
| $1.28M | ﹤0.01% |
35,595
-1,196
| -3% | -$38.5K |
|
3016
Intellia Therapeutics
NTLA
$1.49B
| $1.28M | ﹤0.01% |
57,326
+5,735
| +11% | +$137K |
|
|
EDF
3017
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$167M
| $1.28M | ﹤0.01% |
243,290
+67,483
| +38% | +$364K |
|
|
AZEK
3018
DELISTED
The AZEK Co
AZEK
| $1.28M | ﹤0.01% |
30,430
+14,846
| +95% | +$687K |
|
3019
TRI-Continental Corp
TY
$1.86B
| $1.28M | ﹤0.01% |
41,368
+9,165
| +28% | +$278K |
|
|
TPH
3020
DELISTED
Tri Pointe Homes
TPH
| $1.28M | ﹤0.01% |
34,367
+9,791
| +40% | +$369K |
|
3021
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$322M
| $1.28M | ﹤0.01% |
37,068
+1,563
| +4% | +$53.3K |
|
3022
Hims & Hers Health
HIMS
$6.43B
| $1.28M | ﹤0.01% |
63,259
+40,482
| +178% | +$674K |
|
|
JWN
3023
DELISTED
Nordstrom
JWN
| $1.28M | ﹤0.01% |
60,113
+16,504
| +38% | +$337K |
|
3024
CALL
Costco
COST
$422B
| $1.27M | ﹤0.01% |
+1,500
| New | +$1.17M |
|
|
BYM
3025
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.27M | ﹤0.01% |
111,214
+3,898
| +4% | +$43.7K |
|
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.