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 | |
|---|---|---|---|---|---|---|
3876
Kosmos Energy
KOS
$1.52B
| $498K | ﹤0.01% |
89,911
-9,578
| -10% | -$55.9K |
|
3877
Resideo Technologies
REZI
$5.26B
| $498K | ﹤0.01% |
25,442
-759
| -3% | -$15.7K |
|
3878
Invesco MSCI Global Timber ETF
CUT
$33M
| $497K | ﹤0.01% |
15,220
+461
| +3% | +$15.3K |
|
3879
Worthington Steel
WS
$1.75B
| $497K | ﹤0.01% |
14,901
+1,109
| +8% | +$36.3K |
|
3880
JetBlue
JBLU
$2.29B
| $497K | ﹤0.01% |
81,614
+879
| +1% | +$5.3K |
|
3881
GrowGeneration
GRWG
$87.1M
| $496K | ﹤0.01% |
230,740
+1,202
| +0.5% | +$3.05K |
|
3882
Wayfair
W
$11.9B
| $496K | ﹤0.01% |
9,401
-1,677
| -15% | -$99.6K |
|
3883
Choiceone Financial
COFS
$506M
| $495K | ﹤0.01% |
+17,277
| New | +$440K |
|
3884
Meritage Homes
MTH
$4.72B
| $494K | ﹤0.01% |
6,108
-212
| -3% | -$17.8K |
|
3885
Texas Capital Bancshares
TCBI
$4.29B
| $494K | ﹤0.01% |
8,083
+476
| +6% | +$28.1K |
|
3886
Adaptive Biotechnologies
ADPT
$3.87B
| $493K | ﹤0.01% |
136,279
+28,839
| +27% | +$91.5K |
|
3887
Transcat
TRNS
$778M
| $493K | ﹤0.01% |
4,121
-1,730
| -30% | -$204K |
|
3888
PUT
iShares Core S&P 500 ETF
IVV
$872B
| $493K | ﹤0.01% |
+900
| New | +$473K |
|
3889
Box
BOX
$4.31B
| $492K | ﹤0.01% |
18,595
-186
| -1% | -$4.96K |
|
|
JHI
3890
John Hancock Investors Trust
JHI
$114M
| $491K | ﹤0.01% |
36,938
+1,745
| +5% | +$23.3K |
|
3891
Duolingo
DUOL
$6.22B
| $490K | ﹤0.01% |
2,350
+1,159
| +97% | +$237K |
|
3892
CALL
Five Below
FIVE
$12.1B
| $490K | ﹤0.01% |
+4,500
| New | +$623K |
|
3893
Alamo Group
ALG
$1.92B
| $490K | ﹤0.01% |
2,833
+1,198
| +73% | +$234K |
|
3894
ICL Group
ICL
$6.69B
| $490K | ﹤0.01% |
114,477
-14,165
| -11% | -$66.7K |
|
3895
AdvisorShares Dorsey Wright ADR ETF
AADR
$39.6M
| $490K | ﹤0.01% |
7,909
-601
| -7% | -$37.6K |
|
3896
WisdomTree Europe Quality Dividend Growth Fund
EUDG
$69.7M
| $489K | ﹤0.01% |
15,269
+538
| +4% | +$17.5K |
|
3897
CNO Financial Group
CNO
$4.99B
| $489K | ﹤0.01% |
17,628
+3,458
| +24% | +$94.4K |
|
3898
ProShares S&P 500 ex-Technology ETF
SPXT
$274M
| $488K | ﹤0.01% |
5,787
-95
| -2% | -$7.93K |
|
3899
CNB Financial Corp
CCNE
$1.04B
| $486K | ﹤0.01% |
23,801
+615
| +3% | +$11.9K |
|
|
FITB
3900
PUT
Fifth Third Bancorp
FITB
$51.3B
| $485K | ﹤0.01% |
13,300
+13,223
| +17,173% | +$483K |
|
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.