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 | |
|---|---|---|---|---|---|---|
3726
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$115M
| $589K | ﹤0.01% |
21,110
+10,999
| +109% | +$305K |
|
3727
NCR Voyix
VYX
$1.12B
| $589K | ﹤0.01% |
47,654
-36,333
| -43% | -$457K |
|
3728
Franklin Electric
FELE
$4.57B
| $588K | ﹤0.01% |
6,106
-182
| -3% | -$18.1K |
|
3729
Alarm.com
ALRM
$2.68B
| $587K | ﹤0.01% |
9,239
+784
| +9% | +$51.8K |
|
3730
Kforce
KFRC
$1.01B
| $586K | ﹤0.01% |
9,439
-262
| -3% | -$16.6K |
|
3731
Rapid7
RPD
$634M
| $586K | ﹤0.01% |
13,560
+184
| +1% | +$7.66K |
|
3732
Hyster-Yale Materials Handling
HY
$600M
| $586K | ﹤0.01% |
8,406
-1,959
| -19% | -$134K |
|
|
NUVL
3733
DELISTED
Nuvalent
NUVL
| $586K | ﹤0.01% |
7,723
+575
| +8% | +$40.9K |
|
3734
LSB Industries
LXU
$794M
| $584K | ﹤0.01% |
71,400
-1,090
| -2% | -$9.52K |
|
3735
CALL
Advanced Micro Devices
AMD
$791B
| $584K | ﹤0.01% |
3,600
+3,573
| +13,233% | +$575K |
|
3736
Greif
GEF
$4.96B
| $584K | ﹤0.01% |
10,161
+379
| +4% | +$23.9K |
|
|
PMX
3737
DELISTED
PIMCO Municipal Income Fund III
PMX
| $583K | ﹤0.01% |
74,005
+37,762
| +104% | +$283K |
|
3738
ArcelorMittal
MT
$52.3B
| $583K | ﹤0.01% |
25,419
+224
| +0.9% | +$5.72K |
|
|
CUK
3739
DELISTED
Carnival PLC
CUK
| $582K | ﹤0.01% |
33,807
-666
| -2% | -$9.32K |
|
|
LAND
3740
Gladstone Land Corp
LAND
$357M
| $580K | ﹤0.01% |
42,399
-14,511
| -25% | -$191K |
|
3741
Shenandoah Telecom
SHEN
$631M
| $580K | ﹤0.01% |
35,514
-2,628
| -7% | -$42.3K |
|
3742
Fortrea Holdings
FTRE
$1.8B
| $579K | ﹤0.01% |
24,812
+2,387
| +11% | +$74.1K |
|
|
SPR
3743
DELISTED
Spirit AeroSystems
SPR
| $577K | ﹤0.01% |
17,554
-13,353
| -43% | -$426K |
|
|
GNTY
3744
DELISTED
Guaranty Bancshares
GNTY
| $577K | ﹤0.01% |
18,292
-1,400
| -7% | -$41.1K |
|
3745
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF
SIXJ
$145M
| $577K | ﹤0.01% |
20,308
+2,609
| +15% | +$72.9K |
|
3746
Tidewater
TDW
$3.65B
| $576K | ﹤0.01% |
6,054
-3,912
| -39% | -$386K |
|
|
PRMW
3747
DELISTED
Primo Water Corporation
PRMW
| $575K | ﹤0.01% |
26,321
+5,481
| +26% | +$113K |
|
3748
Sprout Social
SPT
$509M
| $575K | ﹤0.01% |
16,126
+5,442
| +51% | +$219K |
|
3749
Nuveen Municipal Income
NMI
$131M
| $575K | ﹤0.01% |
58,668
-3,566
| -6% | -$33.4K |
|
3750
Franklin FTSE Mexico ETF
FLMX
$86.3M
| $573K | ﹤0.01% |
20,343
-6,661
| -25% | -$211K |
|
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.