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 | |
|---|---|---|---|---|---|---|
3126
Middlesex Water
MSEX
$1.08B
| $1.14M | ﹤0.01% |
21,867
+17,594
| +412% | +$913K |
|
3127
Viking Holdings
VIK
$46.6B
| $1.14M | ﹤0.01% |
+33,664
| New | +$1.02M |
|
3128
Sylvamo
SLVM
$1.49B
| $1.14M | ﹤0.01% |
16,636
-256
| -2% | -$16.9K |
|
3129
iShares JPMorgan EM Corporate Bond ETF
CEMB
$398M
| $1.14M | ﹤0.01% |
25,717
+2,632
| +11% | +$116K |
|
3130
Primoris Services
PRIM
$4.58B
| $1.14M | ﹤0.01% |
22,827
-2,347
| -9% | -$116K |
|
3131
iShares MSCI Kokusai Fund
TOK
$249M
| $1.14M | ﹤0.01% |
10,357
+6,026
| +139% | +$646K |
|
|
ECC
3132
Eagle Point Credit Company
ECC
$512M
| $1.14M | ﹤0.01% |
113,121
-67,648
| -37% | -$686K |
|
3133
First Trust RiverFront Dynamic Emerging Markets ETF
RFEM
$78.3M
| $1.14M | ﹤0.01% |
17,364
+11,428
| +193% | +$727K |
|
|
MFM
3134
Aberdeen Municipal Income Fund
MFM
$221M
| $1.13M | ﹤0.01% |
207,788
-4,768
| -2% | -$24.9K |
|
|
EHI
3135
Western Asset Global High Income Fund
EHI
$175M
| $1.13M | ﹤0.01% |
160,875
-26,200
| -14% | -$183K |
|
3136
InMode
INMD
$870M
| $1.13M | ﹤0.01% |
62,171
+3,660
| +6% | +$67.2K |
|
3137
Certara
CERT
$1.26B
| $1.13M | ﹤0.01% |
81,476
-10,963
| -12% | -$180K |
|
|
GGT
3138
Gabelli Multimedia Trust
GGT
$171M
| $1.13M | ﹤0.01% |
210,156
-8,417
| -4% | -$46.2K |
|
|
SQSP
3139
DELISTED
Squarespace, Inc.
SQSP
| $1.13M | ﹤0.01% |
25,814
-1,677
| -6% | -$67.1K |
|
3140
Timken Company
TKR
$9.56B
| $1.13M | ﹤0.01% |
14,052
-1,884
| -12% | -$163K |
|
3141
PBF Energy
PBF
$8.57B
| $1.13M | ﹤0.01% |
24,454
-18,109
| -43% | -$927K |
|
|
ARR
3142
Armour Residential REIT
ARR
$2.33B
| $1.13M | ﹤0.01% |
58,069
+2,829
| +5% | +$53.8K |
|
3143
Progyny
PGNY
$2.44B
| $1.12M | ﹤0.01% |
39,301
-690
| -2% | -$20.8K |
|
|
SLCA
3144
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1.12M | ﹤0.01% |
72,705
+19,487
| +37% | +$287K |
|
3145
Enovis
ENOV
$1.68B
| $1.12M | ﹤0.01% |
24,823
+387
| +2% | +$20.1K |
|
3146
PJT Partners
PJT
$4.3B
| $1.12M | ﹤0.01% |
10,375
+91
| +0.9% | +$9.14K |
|
3147
PUT
Pfizer
PFE
$143B
| $1.12M | ﹤0.01% |
40,000
+38,276
| +2,220% | +$1.05M |
|
3148
Lazard
LAZ
$4.13B
| $1.12M | ﹤0.01% |
29,265
+1,198
| +4% | +$46.8K |
|
3149
Q2 Holdings
QTWO
$3.8B
| $1.12M | ﹤0.01% |
18,500
+7,707
| +71% | +$443K |
|
|
FDIQ
3150
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$52.2M
| $1.11M | ﹤0.01% |
22,684
-1,920
| -8% | -$93.6K |
|
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.