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 | |
|---|---|---|---|---|---|---|
3651
Worthington Enterprises
WOR
$2.71B
| $639K | ﹤0.01% |
13,504
-687
| -5% | -$38.8K |
|
3652
Global X Aging Population ETF
AGNG
$87M
| $639K | ﹤0.01% |
21,241
+46
| +0.2% | +$1.36K |
|
3653
FT Vest US Equity Deep Buffer ETF May
DMAY
$375M
| $638K | ﹤0.01% |
16,593
+4,176
| +34% | +$157K |
|
3654
Utz Brands
UTZ
$1.25B
| $638K | ﹤0.01% |
38,359
+277
| +0.7% | +$4.99K |
|
3655
Grand Canyon Education
LOPE
$3.96B
| $637K | ﹤0.01% |
4,552
+570
| +14% | +$78.5K |
|
3656
Piper Sandler
PIPR
$5.06B
| $635K | ﹤0.01% |
11,036
+1,896
| +21% | +$97.2K |
|
|
LEO
3657
BNY Mellon Strategic Municipals
LEO
$384M
| $634K | ﹤0.01% |
103,652
-23,683
| -19% | -$142K |
|
3658
Middleby
MIDD
$5.94B
| $634K | ﹤0.01% |
5,167
-6
| -0.1% | -$814 |
|
3659
Cellebrite
CLBT
$3.64B
| $633K | ﹤0.01% |
52,975
+10,700
| +25% | +$120K |
|
3660
IES Holdings
IESC
$14.4B
| $633K | ﹤0.01% |
+4,542
| New | +$639K |
|
|
OCCI
3661
OFS Credit Co
OCCI
$72M
| $632K | ﹤0.01% |
87,679
+15,133
| +21% | +$111K |
|
3662
DoubleVerify
DV
$1.7B
| $631K | ﹤0.01% |
32,421
-74
| -0.2% | -$1.79K |
|
3663
First Trust SkyBridge Crypto Industry and Digital Economy ETF
CRPT
$81.7M
| $630K | ﹤0.01% |
47,036
-10,060
| -18% | -$126K |
|
|
NQP
3664
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $630K | ﹤0.01% |
51,601
-2,397
| -4% | -$28.2K |
|
3665
Touchstone Dynamic International ETF
TDI
$401M
| $629K | ﹤0.01% |
21,494
+1,616
| +8% | +$46.9K |
|
3666
WhiteHorse Finance
WHF
$137M
| $628K | ﹤0.01% |
51,182
+4,750
| +10% | +$60.5K |
|
3667
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
$769M
| $627K | ﹤0.01% |
15,090
-498
| -3% | -$20.7K |
|
3668
iShares 1-3 Year International Treasury Bond ETF
ISHG
$834M
| $627K | ﹤0.01% |
9,026
| – | – |
|
|
KTF
3669
DWS Municipal Income Trust
KTF
$346M
| $627K | ﹤0.01% |
66,183
-10,949
| -14% | -$103K |
|
3670
Fluence Energy
FLNC
$1.81B
| $626K | ﹤0.01% |
36,104
+12,705
| +54% | +$244K |
|
|
MZTI
3671
The Marzetti Company
MZTI
$2.93B
| $626K | ﹤0.01% |
3,313
+631
| +24% | +$120K |
|
3672
SLR Investment Corp
SLRC
$689M
| $626K | ﹤0.01% |
38,897
+7,699
| +25% | +$122K |
|
3673
La-Z-Boy
LZB
$1.59B
| $626K | ﹤0.01% |
16,785
+1,053
| +7% | +$37.2K |
|
3674
Cable One
CABO
$220M
| $624K | ﹤0.01% |
1,762
+167
| +10% | +$63.9K |
|
3675
Valmont Industries
VMI
$9.35B
| $623K | ﹤0.01% |
2,270
-73
| -3% | -$17.8K |
|
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.