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 | |
|---|---|---|---|---|---|---|
3576
KBR
KBR
$4.36B
| $695K | ﹤0.01% |
10,836
+501
| +5% | +$32.4K |
|
3577
iShares Global Equity Factor ETF
GLOF
$215M
| $695K | ﹤0.01% |
16,390
-3,518
| -18% | -$146K |
|
3578
Univest Financial
UVSP
$1.22B
| $694K | ﹤0.01% |
30,400
-2,765
| -8% | -$58.4K |
|
3579
Voya Financial
VOYA
$9.09B
| $693K | ﹤0.01% |
9,746
+257
| +3% | +$18.5K |
|
3580
Hanover Insurance
THG
$8.01B
| $691K | ﹤0.01% |
5,510
+61
| +1% | +$7.93K |
|
3581
Reynolds Consumer Products
REYN
$5.32B
| $691K | ﹤0.01% |
24,679
+10,391
| +73% | +$296K |
|
3582
Ryman Hospitality Properties
RHP
$8.41B
| $690K | ﹤0.01% |
6,913
-11
| -0.2% | -$1.16K |
|
|
GRX
3583
Gabelli Healthcare & Wellness Trust
GRX
$145M
| $690K | ﹤0.01% |
72,056
+51,851
| +257% | +$499K |
|
3584
Gibraltar Industries
ROCK
$1.27B
| $690K | ﹤0.01% |
10,066
-10,416
| -51% | -$758K |
|
3585
ROBO Global Healthcare Technology and Innovation ETF
HTEC
$76.4M
| $690K | ﹤0.01% |
25,327
-475
| -2% | -$13K |
|
3586
Oceaneering
OII
$4.74B
| $689K | ﹤0.01% |
+29,105
| New | +$673K |
|
3587
American Healthcare REIT
AHR
$10.7B
| $689K | ﹤0.01% |
47,134
+5,237
| +12% | +$74K |
|
3588
ProPetro Holding
PUMP
$1.33B
| $685K | ﹤0.01% |
79,057
+16,780
| +27% | +$150K |
|
3589
American Financial Group
AFG
$11.8B
| $685K | ﹤0.01% |
5,567
+14
| +0.3% | +$1.8K |
|
3590
Business First Bancshares
BFST
$1.04B
| $684K | ﹤0.01% |
31,453
+13,982
| +80% | +$292K |
|
3591
DigitalBridge
DBRG
$2.93B
| $684K | ﹤0.01% |
49,948
+10,116
| +25% | +$152K |
|
3592
Enviri
NVRI
$624M
| $682K | ﹤0.01% |
+79,078
| New | +$659K |
|
|
EXE
3593
PUT
Expand Energy Corp
EXE
$21.4B
| $682K | ﹤0.01% |
8,300
+8,243
| +14,461% | +$728K |
|
3594
Smith & Wesson
SWBI
$669M
| $682K | ﹤0.01% |
47,541
-452
| -0.9% | -$7.42K |
|
|
ETX
3595
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $681K | ﹤0.01% |
36,412
-702
| -2% | -$12.9K |
|
3596
CALL
Texas Instruments
TXN
$255B
| $681K | ﹤0.01% |
+3,500
| New | +$647K |
|
|
MIN
3597
Aberdeen Intermediate Income Fund
MIN
$273M
| $680K | ﹤0.01% |
255,720
+153,364
| +150% | +$402K |
|
3598
Perrigo
PRGO
$1.43B
| $680K | ﹤0.01% |
26,482
+5,320
| +25% | +$156K |
|
3599
MarketAxess Holdings
MKTX
$5.73B
| $680K | ﹤0.01% |
3,389
+2,097
| +162% | +$432K |
|
|
HIE
3600
DELISTED
Miller/Howard High Income Equity Fund
HIE
| $678K | ﹤0.01% |
60,506
+43,806
| +262% | +$485K |
|
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.