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 | |
|---|---|---|---|---|---|---|
|
OSG
3901
Octave Specialty Group
OSG
$250M
| $485K | ﹤0.01% |
37,850
-500
| -1% | -$7.63K |
|
3902
Joby Aviation
JOBY
$7.12B
| $485K | ﹤0.01% |
95,096
+5,760
| +6% | +$28.7K |
|
3903
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$18.9M
| $484K | ﹤0.01% |
17,421
-1,414
| -8% | -$40.4K |
|
3904
Televisa
TV
$1.52B
| $484K | ﹤0.01% |
174,623
+17,443
| +11% | +$53.5K |
|
3905
CAE Inc. Common Shares
CAE
$8.31B
| $483K | ﹤0.01% |
26,009
+10,994
| +73% | +$213K |
|
3906
BlueLinx
BXC
$416M
| $483K | ﹤0.01% |
5,186
+87
| +2% | +$9.23K |
|
3907
NMI Holdings
NMIH
$3.3B
| $483K | ﹤0.01% |
14,180
+1,491
| +12% | +$48K |
|
3908
St. Joe Company
JOE
$3.62B
| $483K | ﹤0.01% |
8,822
+440
| +5% | +$24.8K |
|
3909
Distillate Small/Mid Cash Flow ETF
DSMC
$138M
| $482K | ﹤0.01% |
13,886
-3,588
| -21% | -$127K |
|
3910
Knowles
KN
$3.08B
| $480K | ﹤0.01% |
27,787
+9,036
| +48% | +$152K |
|
3911
Sprott Junior Gold Miners ETF
SGDJ
$276M
| $479K | ﹤0.01% |
15,553
-9,990
| -39% | -$330K |
|
|
VTLE
3912
DELISTED
Vital Energy
VTLE
| $478K | ﹤0.01% |
10,662
-2,072
| -16% | -$103K |
|
3913
SIGA Technologies
SIGA
$233M
| $478K | ﹤0.01% |
+62,931
| New | +$512K |
|
3914
Innovator US Equity Ultra Buffer ETF February
UFEB
$238M
| $477K | ﹤0.01% |
15,075
-2,850
| -16% | -$88.2K |
|
3915
iShares iBonds Dec 2029 Term Muni Bond ETF
IBMR
$465M
| $477K | ﹤0.01% |
19,184
+4,244
| +28% | +$106K |
|
|
UTRN
3916
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $477K | ﹤0.01% |
18,141
| – | – |
|
3917
NCR Atleos
NATL
$3.46B
| $477K | ﹤0.01% |
17,645
-9,817
| -36% | -$239K |
|
3918
Nano X Imaging
NNOX
$67.2M
| $477K | ﹤0.01% |
64,944
+3,360
| +5% | +$29.9K |
|
3919
American Outdoor Brands
AOUT
$158M
| $476K | ﹤0.01% |
52,895
+6,706
| +15% | +$55.7K |
|
3920
Aspen Aerogels
ASPN
$374M
| $476K | ﹤0.01% |
+19,953
| New | +$468K |
|
3921
Gorman-Rupp
GRC
$2.13B
| $476K | ﹤0.01% |
+12,963
| New | +$458K |
|
3922
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$142M
| $475K | ﹤0.01% |
23,226
+11,126
| +92% | +$222K |
|
3923
OceanFirst Financial
OCFC
$1.71B
| $475K | ﹤0.01% |
29,890
+808
| +3% | +$12.2K |
|
|
HIX
3924
Western Asset High Income Fund II
HIX
$350M
| $475K | ﹤0.01% |
109,121
-597
| -0.5% | -$2.63K |
|
3925
Liberty Media Series A
FWONA
$23.1B
| $474K | ﹤0.01% |
7,380
+269
| +4% | +$17.1K |
|
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.