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 | |
|---|---|---|---|---|---|---|
3376
Southside Bancshares
SBSI
$966M
| $878K | ﹤0.01% |
31,785
+7,732
| +32% | +$210K |
|
3377
Open Text
OTEX
$6.15B
| $877K | ﹤0.01% |
29,199
+23,974
| +459% | +$769K |
|
3378
IonQ
IONQ
$13.6B
| $876K | ﹤0.01% |
124,679
+43,390
| +53% | +$355K |
|
3379
Teladoc Health
TDOC
$1.22B
| $875K | ﹤0.01% |
89,496
-7,217
| -7% | -$88K |
|
3380
StoneCo
STNE
$2.77B
| $875K | ﹤0.01% |
72,981
-9,113
| -11% | -$134K |
|
3381
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$71.8M
| $875K | ﹤0.01% |
61,233
-5,300
| -8% | -$77.7K |
|
|
DCH
3382
Dauch Corp
DCH
$1.34B
| $874K | ﹤0.01% |
+125,016
| New | +$922K |
|
3383
FT Vest Technology Dividend Target Income ETF
TDVI
$495M
| $872K | ﹤0.01% |
+36,128
| New | +$827K |
|
3384
iShares US Small Cap Value Factor ETF
SVAL
$201M
| $872K | ﹤0.01% |
29,878
-14,921
| -33% | -$437K |
|
3385
Rayonier
RYN
$6.56B
| $872K | ﹤0.01% |
33,033
+2,273
| +7% | +$62.4K |
|
3386
Innovator US Small Cap Power Buffer ETF April
KAPR
$214M
| $872K | ﹤0.01% |
28,299
+11,223
| +66% | +$343K |
|
3387
Cimpress
CMPR
$2.39B
| $871K | ﹤0.01% |
9,945
+4,627
| +87% | +$403K |
|
3388
Innovator US Equity Ultra Buffer ETF April
UAPR
$157M
| $871K | ﹤0.01% |
30,000
-756
| -2% | -$21.3K |
|
3389
Brookfield Renewable
BEPC
$6.1B
| $869K | ﹤0.01% |
30,621
+3,655
| +14% | +$102K |
|
3390
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| $869K | ﹤0.01% |
86,616
+36,116
| +72% | +$388K |
|
3391
Photronics
PLAB
$1.79B
| $867K | ﹤0.01% |
35,150
-44,091
| -56% | -$1.2M |
|
3392
Victory Capital Holdings
VCTR
$6.19B
| $866K | ﹤0.01% |
18,136
-2,467
| -12% | -$121K |
|
|
TBLU
3393
Tortoise Global Water ETF
TBLU
$57.1M
| $865K | ﹤0.01% |
19,099
-3,717
| -16% | -$173K |
|
3394
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$723M
| $865K | ﹤0.01% |
24,216
-2,938
| -11% | -$102K |
|
3395
SiriusXM
SIRI
$9.98B
| $863K | ﹤0.01% |
30,499
-2,564
| -8% | -$76.6K |
|
|
NBXG
3396
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.16B
| $862K | ﹤0.01% |
66,797
-1,329
| -2% | -$16K |
|
3397
BlackRock Capital Allocation Term Trust
BCAT
$1.65B
| $860K | ﹤0.01% |
52,432
+6,297
| +14% | +$101K |
|
3398
iShares S&P GSCI Commodity-Indexed Trust
GSG
$998M
| $859K | ﹤0.01% |
38,781
+1,779
| +5% | +$39.6K |
|
3399
American Eagle Outfitters
AEO
$2.87B
| $859K | ﹤0.01% |
43,024
+10,206
| +31% | +$233K |
|
|
BHR
3400
Braemar Hotels & Resorts
BHR
$155M
| $858K | ﹤0.01% |
336,619
-15,043
| -4% | -$39.6K |
|
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.