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 | |
|---|---|---|---|---|---|---|
3826
Greenland Technologies Holding
GTEC
$13.9M
| $530K | ﹤0.01% |
378,300
| – | – |
|
3827
Herc Holdings
HRI
$4.88B
| $529K | ﹤0.01% |
3,970
-291
| -7% | -$43K |
|
3828
Asana
ASAN
$1.83B
| $528K | ﹤0.01% |
37,763
+11,939
| +46% | +$170K |
|
3829
Franklin FTSE Canada ETF
FLCA
$811M
| $528K | ﹤0.01% |
15,761
+930
| +6% | +$31.7K |
|
3830
DXC Technology
DXC
$1.82B
| $527K | ﹤0.01% |
27,631
-4,877
| -15% | -$91.6K |
|
|
NBSD
3831
Neuberger Short Duration Income ETF
NBSD
$1.19B
| $527K | ﹤0.01% |
+10,546
| New | +$529K |
|
|
FM
3832
DELISTED
iShares Frontier and Select EM ETF
FM
| $527K | ﹤0.01% |
19,180
+1,854
| +11% | +$51.8K |
|
3833
Leuthold Core ETF
LCR
$67.3M
| $526K | ﹤0.01% |
+15,620
| New | +$520K |
|
3834
Lemonade
LMND
$3.76B
| $525K | ﹤0.01% |
31,834
+3,877
| +14% | +$64.7K |
|
3835
LendingTree
TREE
$443M
| $525K | ﹤0.01% |
12,624
+710
| +6% | +$30K |
|
3836
OppFi
OPFI
$804M
| $524K | ﹤0.01% |
154,450
+45,159
| +41% | +$137K |
|
|
PML
3837
PIMCO Municipal Income Fund II
PML
$485M
| $523K | ﹤0.01% |
61,262
+34,660
| +130% | +$291K |
|
3838
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $522K | ﹤0.01% |
13,842
+7,258
| +110% | +$266K |
|
3839
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$396M
| $521K | ﹤0.01% |
17,072
+4,050
| +31% | +$123K |
|
3840
Kelly Services Class A
KELYA
$521M
| $521K | ﹤0.01% |
24,330
+2,456
| +11% | +$55.8K |
|
3841
Essent Group
ESNT
$6.12B
| $520K | ﹤0.01% |
9,263
-319
| -3% | -$17.8K |
|
|
PMF
3842
DELISTED
PIMCO Municipal Income Fund
PMF
| $520K | ﹤0.01% |
56,729
+18,964
| +50% | +$173K |
|
3843
Intapp
INTA
$2.47B
| $520K | ﹤0.01% |
14,179
-1,291
| -8% | -$43.9K |
|
|
AIOT
3844
PowerFleet Inc
AIOT
$525M
| $520K | ﹤0.01% |
113,685
+270
| +0.2% | +$1.28K |
|
3845
State Street SPDR S&P Kensho Intelligent Structures ETF
SIMS
$8.4M
| $519K | ﹤0.01% |
15,589
-824
| -5% | -$27.9K |
|
3846
ICU Medical
ICUI
$4.21B
| $517K | ﹤0.01% |
4,352
+1,874
| +76% | +$197K |
|
3847
Target Hospitality
TH
$1.44B
| $517K | ﹤0.01% |
59,321
-470
| -0.8% | -$4.91K |
|
3848
Benchmark Electronics
BHE
$2.85B
| $516K | ﹤0.01% |
13,088
+661
| +5% | +$24.3K |
|
|
INEQ
3849
Columbia International Equity Income ETF
INEQ
$99.1M
| $515K | ﹤0.01% |
+16,956
| New | +$520K |
|
3850
FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
$30.2M
| $515K | ﹤0.01% |
12,082
-303
| -2% | -$12.9K |
|
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.