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 | |
|---|---|---|---|---|---|---|
3501
AST SpaceMobile
ASTS
$17.6B
| $762K | ﹤0.01% |
65,604
+42,636
| +186% | +$223K |
|
3502
ImmunityBio
IBRX
$7.65B
| $761K | ﹤0.01% |
120,402
+59,727
| +98% | +$394K |
|
3503
Banco Macro
BMA
$5.95B
| $760K | ﹤0.01% |
+13,252
| New | +$760K |
|
|
PCF
3504
High Income Securities Fund
PCF
$100M
| $759K | ﹤0.01% |
108,568
-10,129
| -9% | -$66.9K |
|
3505
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$148M
| $759K | ﹤0.01% |
34,856
-15,445
| -31% | -$340K |
|
3506
UWM Holdings
UWMC
$611M
| $758K | ﹤0.01% |
109,415
-6,305
| -5% | -$43.3K |
|
|
PMM
3507
Franklin Managed Municipal Income Trust
PMM
$269M
| $758K | ﹤0.01% |
122,270
-17,938
| -13% | -$108K |
|
3508
Darling Ingredients
DAR
$9.69B
| $757K | ﹤0.01% |
20,589
-1,574
| -7% | -$65.3K |
|
3509
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$603M
| $756K | ﹤0.01% |
69,960
+38,213
| +120% | +$413K |
|
3510
WSFS Financial
WSFS
$4.11B
| $755K | ﹤0.01% |
16,068
+912
| +6% | +$40.4K |
|
3511
Innovator US Equity Buffer ETF February
BFEB
$253M
| $755K | ﹤0.01% |
18,579
-190
| -1% | -$7.51K |
|
3512
Navitas Semiconductor
NVTS
$2.91B
| $755K | ﹤0.01% |
192,100
+138,837
| +261% | +$584K |
|
3513
InterDigital
IDCC
$7.81B
| $752K | ﹤0.01% |
6,453
-11,330
| -64% | -$1.21M |
|
3514
Under Armour Class C
UA
$2.79B
| $751K | ﹤0.01% |
114,973
+15,881
| +16% | +$105K |
|
3515
HighPeak Energy
HPK
$897M
| $748K | ﹤0.01% |
53,225
-7,934
| -13% | -$117K |
|
3516
Flowers Foods
FLO
$1.48B
| $748K | ﹤0.01% |
33,705
+479
| +1% | +$11.3K |
|
3517
Vita Coco
COCO
$3.86B
| $748K | ﹤0.01% |
26,866
-110
| -0.4% | -$2.92K |
|
3518
Capri Holdings
CPRI
$1.83B
| $748K | ﹤0.01% |
22,618
-13,322
| -37% | -$482K |
|
3519
Vontier
VNT
$4.55B
| $748K | ﹤0.01% |
19,569
-2,059
| -10% | -$83K |
|
3520
Prudential
PUK
$37.8B
| $742K | ﹤0.01% |
40,489
-11,867
| -23% | -$224K |
|
|
GOOS
3521
Canada Goose Holdings
GOOS
$876M
| $741K | ﹤0.01% |
57,288
+18,079
| +46% | +$225K |
|
|
GOGL
3522
DELISTED
Golden Ocean Group
GOGL
| $740K | ﹤0.01% |
53,623
-4,310
| -7% | -$59.6K |
|
3523
Ubiquiti
UI
$33.4B
| $740K | ﹤0.01% |
5,080
-465
| -8% | -$59.7K |
|
3524
Franklin FTSE Europe ETF
FLEE
$118M
| $739K | ﹤0.01% |
25,488
+750
| +3% | +$22.4K |
|
|
SA
3525
Seabridge Gold
SA
$2.8B
| $736K | ﹤0.01% |
53,791
+317
| +0.6% | +$4.8K |
|
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.