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 | |
|---|---|---|---|---|---|---|
3351
Nuveen Short-Term REIT ETF
NURE
$35.8M
| $904K | ﹤0.01% |
29,065
-2,097
| -7% | -$63.3K |
|
|
EMTL
3352
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
| $902K | ﹤0.01% |
21,347
-4,532
| -18% | -$190K |
|
3353
ProShares Equities for Rising Rates ETF
EQRR
$33M
| $901K | ﹤0.01% |
15,458
-6,027
| -28% | -$358K |
|
3354
Ambev
ABEV
$48.1B
| $899K | ﹤0.01% |
438,570
+91,841
| +26% | +$209K |
|
3355
Innovator US Equity Ultra Buffer ETF May
UMAY
$139M
| $898K | ﹤0.01% |
28,141
+1,894
| +7% | +$58.8K |
|
3356
Spire
SR
$4.72B
| $898K | ﹤0.01% |
14,780
+3,790
| +34% | +$229K |
|
3357
Aramark
ARMK
$15B
| $897K | ﹤0.01% |
+26,357
| New | +$855K |
|
3358
GitLab
GTLB
$5.83B
| $896K | ﹤0.01% |
18,026
+6,211
| +53% | +$323K |
|
3359
Kaiser Aluminum
KALU
$2.61B
| $894K | ﹤0.01% |
10,166
+1,623
| +19% | +$151K |
|
3360
NOV
NOV
$6.93B
| $893K | ﹤0.01% |
46,968
+5,099
| +12% | +$95.6K |
|
|
IDE
3361
Voya Infrastructure, Industrials and Materials Fund
IDE
$199M
| $890K | ﹤0.01% |
87,031
+2,802
| +3% | +$28.8K |
|
3362
Woodside Energy
WDS
$44.6B
| $889K | ﹤0.01% |
47,252
-3,056
| -6% | -$56.9K |
|
3363
PIMCO RAFI Multi-Factor International Equity ETF
MFDX
$458M
| $888K | ﹤0.01% |
29,334
+3,999
| +16% | +$121K |
|
|
NVEE
3364
DELISTED
NV5 Global
NVEE
| $886K | ﹤0.01% |
38,100
-372
| -1% | -$8.68K |
|
3365
Strategic Education
STRA
$1.85B
| $885K | ﹤0.01% |
8,002
+463
| +6% | +$51.2K |
|
3366
Achieve Life Sciences
ACHV
$659M
| $884K | ﹤0.01% |
188,000
+5,500
| +3% | +$26.5K |
|
|
TERN
3367
DELISTED
Terns Pharmaceuticals
TERN
| $883K | ﹤0.01% |
129,625
+115,281
| +804% | +$698K |
|
3368
Sanmina
SANM
$9.95B
| $882K | ﹤0.01% |
13,316
-1,965
| -13% | -$126K |
|
3369
California Water Service
CWT
$3B
| $882K | ﹤0.01% |
18,193
+1,178
| +7% | +$57.2K |
|
3370
ProShares Online Retail ETF
ONLN
$66.6M
| $881K | ﹤0.01% |
21,676
+3,533
| +19% | +$141K |
|
3371
PUT
Alphabet (Google) Class C
GOOG
$4.36T
| $880K | ﹤0.01% |
4,800
+4,786
| +34,186% | +$814K |
|
|
ABLD
3372
Abacus FCF Real Assets Leaders ETF
ABLD
$93M
| $880K | ﹤0.01% |
29,189
+2,413
| +9% | +$73.6K |
|
3373
FNB Corp
FNB
$6.73B
| $879K | ﹤0.01% |
64,255
-15,027
| -19% | -$203K |
|
|
LSST
3374
DELISTED
Natixis Loomis Sayles Short Duration Income ETF
LSST
| $878K | ﹤0.01% |
36,785
+930
| +3% | +$22.2K |
|
|
CIM
3375
Chimera Investment
CIM
$1.04B
| $878K | ﹤0.01% |
68,575
+629
| +0.9% | +$7.97K |
|
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.