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 | |
|---|---|---|---|---|---|---|
3751
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$356M
| $573K | ﹤0.01% |
17,719
-340
| -2% | -$11.1K |
|
3752
Mercury Insurance
MCY
$5.91B
| $572K | ﹤0.01% |
10,767
+6,307
| +141% | +$342K |
|
3753
FormFactor
FORM
$8.21B
| $572K | ﹤0.01% |
9,449
+1,034
| +12% | +$53.9K |
|
3754
Global X Gold Explorers ETF NEW
GOEX
$108M
| $572K | ﹤0.01% |
20,861
-1,366
| -6% | -$38.4K |
|
3755
Affiliated Managers Group
AMG
$9.65B
| $571K | ﹤0.01% |
3,657
-239
| -6% | -$38.1K |
|
3756
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$222M
| $571K | ﹤0.01% |
19,076
+4,214
| +28% | +$122K |
|
|
AGNT
3757
AGNT Inc
AGNT
$641M
| $571K | ﹤0.01% |
50,570
-3,821
| -7% | -$41.8K |
|
|
UDEC
3758
Innovator US Equity Ultra Buffer ETF December
UDEC
$248M
| $570K | ﹤0.01% |
16,626
+271
| +2% | +$9.11K |
|
3759
Visteon
VC
$2.8B
| $570K | ﹤0.01% |
5,343
+694
| +15% | +$76.7K |
|
3760
Innovator US Equity Buffer ETF June
BJUN
$313M
| $570K | ﹤0.01% |
14,581
+315
| +2% | +$12K |
|
3761
Trip.com Group
TCOM
$29.3B
| $570K | ﹤0.01% |
12,122
+2,152
| +22% | +$110K |
|
3762
JFrog
FROG
$9.5B
| $569K | ﹤0.01% |
15,151
+3,954
| +35% | +$145K |
|
3763
The Greenbrier Companies
GBX
$1.52B
| $569K | ﹤0.01% |
11,475
+1,486
| +15% | +$77.1K |
|
3764
indie Semiconductor
INDI
$668M
| $568K | ﹤0.01% |
92,025
-17,620
| -16% | -$112K |
|
3765
Clarus
CLAR
$123M
| $567K | ﹤0.01% |
84,266
-10,204
| -11% | -$67.3K |
|
3766
PUT
Jackson Financial
JXN
$8.5B
| $564K | ﹤0.01% |
7,600
+7,513
| +8,636% | +$537K |
|
3767
Dimensional Inflation-Protected Securities ETF
DFIP
$1.11B
| $564K | ﹤0.01% |
13,817
+8,891
| +180% | +$363K |
|
3768
John Hancock Mortgage-Backed Securities ETF
JHMB
$204M
| $564K | ﹤0.01% |
+26,224
| New | +$560K |
|
3769
Marten Transport
MRTN
$1.21B
| $564K | ﹤0.01% |
30,556
+1,154
| +4% | +$20.2K |
|
3770
Cactus
WHD
$4.3B
| $563K | ﹤0.01% |
10,682
-1,586
| -13% | -$80.8K |
|
|
DMA
3771
Destra Multi-Alternative Fund
DMA
$67.6M
| $563K | ﹤0.01% |
69,776
+402
| +0.6% | +$2.97K |
|
3772
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$556M
| $563K | ﹤0.01% |
7,203
+1,857
| +35% | +$139K |
|
3773
Spectrum Brands
SPB
$2.04B
| $563K | ﹤0.01% |
6,548
-244
| -4% | -$21.2K |
|
3774
El Paso Energy Capital Trust I
EP.PRC
$222M
| $563K | ﹤0.01% |
11,885
-225
| -2% | -$10.5K |
|
3775
Kemper
KMPR
$1.71B
| $562K | ﹤0.01% |
9,480
+1,039
| +12% | +$61K |
|
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.