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 | |
|---|---|---|---|---|---|---|
3926
Aegon
AEG
$14B
| $474K | ﹤0.01% |
77,253
-3,058
| -4% | -$19.3K |
|
|
LAZR
3927
DELISTED
Luminar Technologies
LAZR
| $473K | ﹤0.01% |
21,160
+265
| +1% | +$6.28K |
|
3928
RXO
RXO
$3.39B
| $471K | ﹤0.01% |
18,029
-1,502
| -8% | -$31.2K |
|
|
RORO
3929
DELISTED
ATAC US Rotation ETF
RORO
| $471K | ﹤0.01% |
27,315
-6,602
| -19% | -$116K |
|
|
CEV
3930
Eaton Vance California Municipal Income Trust
CEV
$70.8M
| $471K | ﹤0.01% |
43,291
+18,121
| +72% | +$192K |
|
3931
MasterBrand
MBC
$1.04B
| $468K | ﹤0.01% |
31,872
+6,277
| +25% | +$104K |
|
3932
Guardant Health
GH
$20.2B
| $468K | ﹤0.01% |
16,191
-2,056
| -11% | -$47.9K |
|
|
JHS
3933
John Hancock Income Securities Trust
JHS
$127M
| $467K | ﹤0.01% |
42,864
-545
| -1% | -$6.03K |
|
3934
Vishay Intertechnology
VSH
$5.18B
| $466K | ﹤0.01% |
20,900
-1,217
| -6% | -$27.5K |
|
3935
Veeco
VECO
$2.95B
| $465K | ﹤0.01% |
9,945
+2,248
| +29% | +$88.8K |
|
3936
Bain Capital Specialty
BCSF
$810M
| $464K | ﹤0.01% |
28,445
+2,669
| +10% | +$43.5K |
|
3937
CALL
Biogen
BIIB
$30.7B
| $464K | ﹤0.01% |
+2,000
| New | +$435K |
|
3938
Burke & Herbert Financial Services Corp
BHRB
$1.47B
| $463K | ﹤0.01% |
+9,081
| New | +$463K |
|
3939
Vital Farms
VITL
$536M
| $462K | ﹤0.01% |
+9,888
| New | +$341K |
|
3940
ProShares Short Russell2000
RWM
$132M
| $462K | ﹤0.01% |
22,184
-4,466
| -17% | -$93.9K |
|
3941
Valley National Bancorp
VLY
$7.92B
| $461K | ﹤0.01% |
65,983
+4,355
| +7% | +$31.8K |
|
3942
Teucrium Wheat Fund
WEAT
$294M
| $460K | ﹤0.01% |
+17,333
| New | +$500K |
|
3943
Universal Insurance Holdings
UVE
$1.23B
| $459K | ﹤0.01% |
24,470
+1,770
| +8% | +$34.4K |
|
3944
MACOM Technology Solutions
MTSI
$19B
| $459K | ﹤0.01% |
4,116
+1,166
| +40% | +$119K |
|
3945
Amneal Pharmaceuticals
AMRX
$5.91B
| $457K | ﹤0.01% |
72,038
-3,853
| -5% | -$24.5K |
|
3946
First Trust Eurozone AlphaDEX
FEUZ
$136M
| $457K | ﹤0.01% |
11,007
+2,873
| +35% | +$123K |
|
|
GXDW
3947
Global X Funds Global X Dorsey Wright Thematic ETF
GXDW
$6.07M
| $456K | ﹤0.01% |
20,275
-220
| -1% | -$5.16K |
|
3948
Byrna Technologies
BYRN
$103M
| $455K | ﹤0.01% |
45,558
+2,972
| +7% | +$36.6K |
|
3949
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.13B
| $455K | ﹤0.01% |
7,000
+6,945
| +12,627% | +$450K |
|
|
ETWO
3950
DELISTED
E2open Parent Holdings
ETWO
| $453K | ﹤0.01% |
100,934
-29,037
| -22% | -$131K |
|
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.