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 | |
|---|---|---|---|---|---|---|
3476
Marriott Vacations Worldwide
VAC
$3.38B
| $792K | ﹤0.01% |
9,075
+975
| +12% | +$92.5K |
|
3477
Amtech Systems
ASYS
$269M
| $792K | ﹤0.01% |
+135,080
| New | +$729K |
|
3478
NextNav
NN
$1.79B
| $792K | ﹤0.01% |
97,600
-17,050
| -15% | -$135K |
|
3479
Cabot Corp
CBT
$4.51B
| $791K | ﹤0.01% |
8,611
+215
| +3% | +$20.8K |
|
3480
Harrow
HROW
$1.43B
| $785K | ﹤0.01% |
37,572
-6,718
| -15% | -$100K |
|
3481
Towne Bank
TOWN
$3.48B
| $783K | ﹤0.01% |
28,723
-92
| -0.3% | -$2.48K |
|
3482
Flutter Entertainment
FLUT
$18B
| $783K | ﹤0.01% |
4,292
+18
| +0.4% | +$3.46K |
|
3483
Innovator US Equity Ultra Buffer ETF September
USEP
$148M
| $782K | ﹤0.01% |
23,159
-2,523
| -10% | -$83.6K |
|
3484
iShares Global Consumer Discretionary ETF
RXI
$259M
| $781K | ﹤0.01% |
4,858
+101
| +2% | +$16.3K |
|
3485
AZZ Inc
AZZ
$4.39B
| $781K | ﹤0.01% |
10,106
+1,249
| +14% | +$97.6K |
|
3486
BlackRock MuniYield Michigan Quality Fund
MIY
$351M
| $780K | ﹤0.01% |
68,206
-1,113
| -2% | -$12.6K |
|
|
ARIS
3487
DELISTED
Aris Water Solutions
ARIS
| $780K | ﹤0.01% |
49,781
+1,640
| +3% | +$24.5K |
|
3488
Cambria Trinity ETF
TRTY
$144M
| $779K | ﹤0.01% |
30,417
+20,520
| +207% | +$530K |
|
3489
iShares International Developed Real Estate ETF
IFGL
$82.7M
| $778K | ﹤0.01% |
39,301
-3,030
| -7% | -$62.4K |
|
3490
Option Care Health
OPCH
$3.41B
| $777K | ﹤0.01% |
28,047
+3,511
| +14% | +$105K |
|
3491
BRC Inc
BRCC
$123M
| $776K | ﹤0.01% |
126,591
+10,115
| +9% | +$52.6K |
|
|
RFM
3492
RiverNorth Flexible Municipal Income Fund
RFM
$90M
| $773K | ﹤0.01% |
47,720
| – | – |
|
|
JMIA
3493
Jumia Technologies
JMIA
$737M
| $771K | ﹤0.01% |
109,879
-22,825
| -17% | -$141K |
|
3494
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$141M
| $771K | ﹤0.01% |
60,477
+1,614
| +3% | +$19.6K |
|
3495
CNA Financial
CNA
$14.4B
| $771K | ﹤0.01% |
16,729
+6,221
| +59% | +$276K |
|
|
EOT
3496
Eaton Vance National Municipal Opportunities Trust
EOT
$270M
| $769K | ﹤0.01% |
45,658
-4,369
| -9% | -$72.1K |
|
|
FLNA
3497
Filana Therapeutics
FLNA
$48.3M
| $767K | ﹤0.01% |
62,108
+4,397
| +8% | +$92.7K |
|
3498
Acco Brands
ACCO
$393M
| $765K | ﹤0.01% |
162,858
-1,403
| -0.9% | -$6.99K |
|
|
FBRT
3499
Franklin BSP Realty Trust
FBRT
$619M
| $764K | ﹤0.01% |
60,667
+178
| +0.3% | +$2.27K |
|
3500
Commercial Vehicle Group
CVGI
$150M
| $762K | ﹤0.01% |
155,549
-9,690
| -6% | -$54.9K |
|
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.