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 | |
|---|---|---|---|---|---|---|
|
TMHC
3526
DELISTED
Taylor Morrison
TMHC
| $736K | ﹤0.01% |
13,269
+1,849
| +16% | +$106K |
|
|
KREF
3527
KKR Real Estate Finance Trust
KREF
$446M
| $735K | ﹤0.01% |
81,225
-10,531
| -11% | -$101K |
|
3528
AllianzIM U.S. Equity Buffer10 Feb ETF
FEBT
$158M
| $735K | ﹤0.01% |
23,014
-1,319
| -5% | -$40.9K |
|
3529
Lear
LEA
$6.9B
| $734K | ﹤0.01% |
6,427
-8,629
| -57% | -$1.1M |
|
3530
Elbit Systems
ESLT
$37.7B
| $734K | ﹤0.01% |
4,156
-123
| -3% | -$24K |
|
3531
USA Compression Partners
USAC
$3.77B
| $734K | ﹤0.01% |
30,928
+2,751
| +10% | +$67.9K |
|
3532
Century Communities
CCS
$1.91B
| $733K | ﹤0.01% |
8,972
+176
| +2% | +$14.7K |
|
3533
Barron's 400 ETF
BFOR
$229M
| $732K | ﹤0.01% |
44,192
+4,124
| +10% | +$68.1K |
|
3534
FT Vest US Equity Deep Buffer ETF March
DMAR
$454M
| $730K | ﹤0.01% |
20,268
+1,390
| +7% | +$48.7K |
|
3535
B&G Foods
BGS
$291M
| $730K | ﹤0.01% |
90,292
-8,131
| -8% | -$80.2K |
|
3536
NatWest
NWG
$75.3B
| $730K | ﹤0.01% |
90,854
+47,459
| +109% | +$368K |
|
3537
First Trust Active Global Quality Income ETF
AGQI
$55.8M
| $729K | ﹤0.01% |
51,134
-7,126
| -12% | -$100K |
|
3538
iShares iBonds Dec 2033 Term Corporate ETF
IBDY
$1.09B
| $729K | ﹤0.01% |
28,910
+7,995
| +38% | +$200K |
|
3539
CVB Financial
CVBF
$3.96B
| $728K | ﹤0.01% |
42,240
-34,155
| -45% | -$569K |
|
|
NARI
3540
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $728K | ﹤0.01% |
15,115
+669
| +5% | +$29.7K |
|
|
NLOP
3541
Net Lease Office Properties
NLOP
$171M
| $727K | ﹤0.01% |
29,539
-1,758
| -6% | -$41.6K |
|
3542
Banco Bradesco
BBD
$38.1B
| $727K | ﹤0.01% |
324,434
-892
| -0.3% | -$2.31K |
|
|
CCEC
3543
Capital Clean Energy Carriers
CCEC
$1.32B
| $726K | ﹤0.01% |
42,615
-21,543
| -34% | -$365K |
|
3544
Rush Enterprises Class A
RUSHA
$6.18B
| $725K | ﹤0.01% |
17,321
-16,379
| -49% | -$752K |
|
|
BFK
3545
DELISTED
BlackRock Municipal Income Trust
BFK
| $725K | ﹤0.01% |
71,031
+27,750
| +64% | +$279K |
|
3546
CALL
Eli Lilly
LLY
$1T
| $724K | ﹤0.01% |
+800
| New | +$640K |
|
|
ITCI
3547
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $723K | ﹤0.01% |
10,560
+1,366
| +15% | +$94.7K |
|
3548
PUT
Halliburton
HAL
$26.3B
| $723K | ﹤0.01% |
+21,400
| New | +$790K |
|
|
SILV
3549
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $723K | ﹤0.01% |
88,681
+13,860
| +19% | +$113K |
|
3550
Union Bankshares
UNB
$108M
| $722K | ﹤0.01% |
33,629
+747
| +2% | +$18.8K |
|
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.