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 | |
|---|---|---|---|---|---|---|
|
ETB
3076
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$454M
| $1.22M | ﹤0.01% |
86,077
+9,494
| +12% | +$129K |
|
|
XHR
3077
Xenia Hotels & Resorts
XHR
$1.9B
| $1.21M | ﹤0.01% |
84,747
-896
| -1% | -$13K |
|
3078
First Financial Bancorp
FFBC
$3.55B
| $1.21M | ﹤0.01% |
54,573
+6,479
| +13% | +$143K |
|
3079
CALL
Canadian Natural Resources
CNQ
$99.4B
| $1.21M | ﹤0.01% |
+34,000
| New | +$1.28M |
|
3080
United Microelectronic
UMC
$47.7B
| $1.21M | ﹤0.01% |
138,036
-5,258
| -4% | -$43.4K |
|
3081
Zillow
Z
$7.79B
| $1.21M | ﹤0.01% |
26,061
+6,934
| +36% | +$305K |
|
3082
COPT Defense Properties
CDP
$4.3B
| $1.21M | ﹤0.01% |
48,214
+2,728
| +6% | +$65.6K |
|
|
VWID
3083
DELISTED
Virtus WMC International Dividend ETF
VWID
| $1.21M | ﹤0.01% |
45,623
+85
| +0.2% | +$2.3K |
|
3084
Hagerty
HGTY
$1.17B
| $1.2M | ﹤0.01% |
115,531
-1,600
| -1% | -$14.8K |
|
3085
First Trust Alerian US NextGen Infrastructure ETF
RBLD
$56.5M
| $1.2M | ﹤0.01% |
19,954
+5,711
| +40% | +$350K |
|
3086
Axsome Therapeutics
AXSM
$11.2B
| $1.2M | ﹤0.01% |
14,881
-1,154
| -7% | -$85.4K |
|
3087
TechTarget
TTGT
$325M
| $1.19M | ﹤0.01% |
38,292
-1,387
| -3% | -$41.2K |
|
3088
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$725M
| $1.19M | ﹤0.01% |
53,852
+28,359
| +111% | +$620K |
|
3089
Morningstar
MORN
$7.22B
| $1.19M | ﹤0.01% |
4,030
+429
| +12% | +$127K |
|
3090
Garrett Motion
GTX
$5.81B
| $1.19M | ﹤0.01% |
138,671
-5,810
| -4% | -$53.7K |
|
3091
Interparfums
IPAR
$3.99B
| $1.19M | ﹤0.01% |
10,263
+1,002
| +11% | +$122K |
|
3092
MGIC Investment
MTG
$6.16B
| $1.19M | ﹤0.01% |
55,224
-10,458
| -16% | -$217K |
|
3093
Royalty Pharma
RPRX
$25.9B
| $1.19M | ﹤0.01% |
45,058
+16,207
| +56% | +$449K |
|
3094
Floor & Decor
FND
$6.13B
| $1.19M | ﹤0.01% |
11,950
+1,575
| +15% | +$181K |
|
3095
Blue Owl Capital
OWL
$6.96B
| $1.19M | ﹤0.01% |
66,886
+21,760
| +48% | +$399K |
|
3096
Alpha Architect 1-3 Month Box ETF
BOXX
$13.1B
| $1.19M | ﹤0.01% |
10,993
+890
| +9% | +$95.3K |
|
|
ABOT
3097
Abacus FCF Innovation Leaders ETF
ABOT
$4.05M
| $1.18M | ﹤0.01% |
37,516
+1,831
| +5% | +$55K |
|
3098
Karat Packaging
KRT
$803M
| $1.18M | ﹤0.01% |
39,949
+4,790
| +14% | +$135K |
|
|
SNV
3099
DELISTED
Synovus
SNV
| $1.18M | ﹤0.01% |
29,278
+5,902
| +25% | +$224K |
|
3100
Acadia Pharmaceuticals
ACAD
$4.43B
| $1.18M | ﹤0.01% |
72,407
+12,515
| +21% | +$202K |
|
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.