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 | |
|---|---|---|---|---|---|---|
3201
Itron
ITRI
$4.36B
| $1.05M | ﹤0.01% |
10,644
-441
| -4% | -$44.4K |
|
3202
American Superconductor
AMSC
$1.42B
| $1.05M | ﹤0.01% |
44,994
+32,175
| +251% | +$531K |
|
|
PMO
3203
Franklin Municipal Opportunities Trust
PMO
$280M
| $1.05M | ﹤0.01% |
102,536
+46,473
| +83% | +$464K |
|
3204
Trinity Industries
TRN
$2.48B
| $1.05M | ﹤0.01% |
35,136
+2,789
| +9% | +$81.3K |
|
3205
Invesco Next Gen Media and Gaming ETF
GGME
$44.1M
| $1.05M | ﹤0.01% |
22,108
+1,368
| +7% | +$60.6K |
|
3206
Main Thematic Innovation ETF
TMAT
$230M
| $1.05M | ﹤0.01% |
+61,052
| New | +$1.03M |
|
3207
Bread Financial
BFH
$4.37B
| $1.05M | ﹤0.01% |
23,551
+505
| +2% | +$19.8K |
|
3208
Avis
CAR
$4.86B
| $1.05M | ﹤0.01% |
10,036
+1,302
| +15% | +$146K |
|
3209
Magnolia Oil & Gas
MGY
$6.09B
| $1.05M | ﹤0.01% |
41,380
+6,660
| +19% | +$170K |
|
3210
Saic
SAIC
$4.95B
| $1.05M | ﹤0.01% |
8,920
-103
| -1% | -$13K |
|
3211
FT Vest US Small Cap Moderate Buffer ETF May
SMAY
$110M
| $1.05M | ﹤0.01% |
44,908
+5,840
| +15% | +$134K |
|
|
AIO
3212
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$869M
| $1.05M | ﹤0.01% |
48,175
-1,754
| -4% | -$35.1K |
|
3213
World Kinect Corp
WKC
$2.04B
| $1.04M | ﹤0.01% |
40,464
+15,748
| +64% | +$398K |
|
|
SVC
3214
Service Properties Trust
SVC
$1.04B
| $1.04M | ﹤0.01% |
40,594
-902
| -2% | -$25.9K |
|
|
VSTO
3215
DELISTED
Vista Outdoor Inc.
VSTO
| $1.04M | ﹤0.01% |
27,702
-8,655
| -24% | -$299K |
|
3216
Under Armour
UAA
$2.84B
| $1.04M | ﹤0.01% |
156,361
+1,923
| +1% | +$13.1K |
|
3217
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$76.9M
| $1.04M | ﹤0.01% |
53,753
-6,744
| -11% | -$144K |
|
3218
Innospec
IOSP
$2.12B
| $1.04M | ﹤0.01% |
8,424
+175
| +2% | +$21.9K |
|
3219
Wintrust Financial
WTFC
$10.8B
| $1.04M | ﹤0.01% |
10,563
+686
| +7% | +$67.2K |
|
3220
PUT
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $1.04M | ﹤0.01% |
9,200
+9,180
| +45,900% | +$967K |
|
|
SEM
3221
DELISTED
Select Medical
SEM
| $1.04M | ﹤0.01% |
55,090
-6,860
| -11% | -$117K |
|
3222
Schrodinger
SDGR
$1.13B
| $1.04M | ﹤0.01% |
53,778
+5,967
| +12% | +$138K |
|
3223
Sumitomo Mitsui Financial
SMFG
$164B
| $1.04M | ﹤0.01% |
77,544
+1,400
| +2% | +$17K |
|
3224
iShares MSCI Indonesia ETF
EIDO
$480M
| $1.04M | ﹤0.01% |
+53,904
| New | +$1.1M |
|
3225
Tenaris
TS
$28.9B
| $1.04M | ﹤0.01% |
34,009
-10,570
| -24% | -$366K |
|
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.