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 | |
|---|---|---|---|---|---|---|
3026
BlackRock MuniHoldings Fund
MHD
$598M
| $1.27M | ﹤0.01% |
105,225
+8,933
| +9% | +$105K |
|
3027
Columbia Sportswear
COLM
$3.04B
| $1.27M | ﹤0.01% |
16,078
-119
| -0.7% | -$9.62K |
|
|
AL
3028
DELISTED
Air Lease Corp
AL
| $1.27M | ﹤0.01% |
26,694
+2,184
| +9% | +$106K |
|
3029
Pacer Trendpilot Fund of Funds ETF
TRND
$61.9M
| $1.27M | ﹤0.01% |
39,770
-79,606
| -67% | -$2.49M |
|
3030
Boston Beer
SAM
$1.91B
| $1.27M | ﹤0.01% |
4,156
-69
| -2% | -$19.8K |
|
3031
BancFirst
BANF
$3.79B
| $1.27M | ﹤0.01% |
14,432
-3,703
| -20% | -$322K |
|
3032
Cognex
CGNX
$10.9B
| $1.26M | ﹤0.01% |
27,051
+10,230
| +61% | +$450K |
|
3033
Sinclair Inc
SBGI
$992M
| $1.26M | ﹤0.01% |
94,593
+2,323
| +3% | +$29.7K |
|
3034
Virtu Financial
VIRT
$5.11B
| $1.26M | ﹤0.01% |
56,155
+179
| +0.3% | +$3.99K |
|
3035
Columbia Banking Systems
COLB
$8.84B
| $1.26M | ﹤0.01% |
63,338
-2,395
| -4% | -$45.5K |
|
3036
Invesco California Value Municipal Income Trust
VCV
$518M
| $1.26M | ﹤0.01% |
120,871
-5,621
| -4% | -$55.6K |
|
|
RA
3037
Brookfield Real Assets Income Fund
RA
$708M
| $1.26M | ﹤0.01% |
98,684
-7,877
| -7% | -$99.8K |
|
3038
Avantis International Large Cap Value ETF
AVIV
$2B
| $1.26M | ﹤0.01% |
23,952
+12,596
| +111% | +$679K |
|
3039
CALL
JD.com
JD
$44.6B
| $1.25M | ﹤0.01% |
48,500
+48,170
| +14,597% | +$1.41M |
|
3040
VanEck Steel ETF
SLX
$169M
| $1.25M | ﹤0.01% |
18,795
-1,839
| -9% | -$129K |
|
3041
MillerKnoll
MLKN
$1.53B
| $1.25M | ﹤0.01% |
47,213
+3,722
| +9% | +$97.9K |
|
3042
Nuveen Real Asset Income & Growth Fund
JRI
$356M
| $1.25M | ﹤0.01% |
102,570
-5,781
| -5% | -$67K |
|
3043
Direxion Auspice Broad Commodity Strategy ETF
COM
$205M
| $1.25M | ﹤0.01% |
43,170
+5,903
| +16% | +$173K |
|
|
CNH
3044
CNH Industrial
CNH
$12.7B
| $1.25M | ﹤0.01% |
123,205
+12,181
| +11% | +$138K |
|
3045
HCM Defender 500 Index ETF
LGH
$575M
| $1.25M | ﹤0.01% |
25,182
+675
| +3% | +$31.5K |
|
3046
Host Hotels & Resorts
HST
$17.2B
| $1.24M | ﹤0.01% |
69,178
-64
| -0.1% | -$1.2K |
|
3047
The GEO Group
GEO
$4.13B
| $1.24M | ﹤0.01% |
86,591
+1,790
| +2% | +$25.3K |
|
3048
Renaissance IPO ETF
IPO
$153M
| $1.24M | ﹤0.01% |
30,845
-21,261
| -41% | -$834K |
|
3049
Global X Emerging Markets Great Consumer ETF
EMC
$55M
| $1.24M | ﹤0.01% |
45,912
-10,535
| -19% | -$278K |
|
3050
Portland General Electric
POR
$5.8B
| $1.24M | ﹤0.01% |
28,716
-5,549
| -16% | -$239K |
|
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.