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 | |
|---|---|---|---|---|---|---|
|
KLG
3976
DELISTED
WK Kellogg Co
KLG
| $437K | ﹤0.01% |
26,556
-39,890
| -60% | -$810K |
|
3977
iShares iBonds Dec 2033 Term Treasury ETF
IBTO
$476M
| $436K | ﹤0.01% |
+18,167
| New | +$433K |
|
|
UHT
3978
Universal Health Realty Income Trust
UHT
$608M
| $436K | ﹤0.01% |
11,136
+3,048
| +38% | +$111K |
|
|
MTA
3979
Metalla Royalty & Streaming
MTA
$712M
| $435K | ﹤0.01% |
156,453
-450
| -0.3% | -$1.38K |
|
3980
HUB Group
HUBG
$2.78B
| $434K | ﹤0.01% |
+10,087
| New | +$426K |
|
3981
Ceco Environmental
CECO
$3.83B
| $434K | ﹤0.01% |
+15,027
| New | +$364K |
|
3982
Calix
CALX
$2.22B
| $433K | ﹤0.01% |
12,220
+374
| +3% | +$12K |
|
3983
AdvisorShares Pure Cannabis ETF
YOLO
$30M
| $431K | ﹤0.01% |
127,704
-1,345
| -1% | -$5.16K |
|
3984
ADT
ADT
$5.51B
| $431K | ﹤0.01% |
56,679
+3,285
| +6% | +$22.8K |
|
3985
Diamondrock Hospitality Co
DRH
$2.64B
| $430K | ﹤0.01% |
50,928
+12,668
| +33% | +$110K |
|
3986
Silicon Motion
SIMO
$8.65B
| $430K | ﹤0.01% |
5,312
-1,451
| -21% | -$113K |
|
3987
Limbach Holdings
LMB
$833M
| $430K | ﹤0.01% |
7,556
+178
| +2% | +$8.79K |
|
3988
Semtech
SMTC
$10.7B
| $429K | ﹤0.01% |
14,353
-2,271
| -14% | -$79.4K |
|
3989
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$248M
| $428K | ﹤0.01% |
17,387
| – | – |
|
3990
First Commonwealth Financial
FCF
$2.18B
| $428K | ﹤0.01% |
30,988
+967
| +3% | +$12.9K |
|
3991
Federated Hermes
FHI
$4.51B
| $428K | ﹤0.01% |
13,013
-4,188
| -24% | -$141K |
|
|
FL
3992
DELISTED
Foot Locker
FL
| $428K | ﹤0.01% |
17,164
+1,937
| +13% | +$46.1K |
|
3993
First Merchants
FRME
$2.69B
| $427K | ﹤0.01% |
12,822
+3,819
| +42% | +$128K |
|
|
SCD
3994
LMP Capital and Income Fund
SCD
$354M
| $426K | ﹤0.01% |
27,548
+1,069
| +4% | +$16.2K |
|
3995
Trinity Capital Inc.
TRIN
$1.56B
| $426K | ﹤0.01% |
30,112
+1,287
| +4% | +$19K |
|
3996
Greystone Housing Impact Investors LP
GHI
$129M
| $426K | ﹤0.01% |
28,745
-11,908
| -29% | -$181K |
|
3997
Endava
DAVA
$153M
| $425K | ﹤0.01% |
14,523
-3,030
| -17% | -$89.9K |
|
3998
Invesco S&P SmallCap Utilities & Communication Services ETF
PSCU
$17.4M
| $424K | ﹤0.01% |
8,475
-1,211
| -13% | -$61.3K |
|
3999
Stepan Co
SCL
$1.48B
| $424K | ﹤0.01% |
5,045
+785
| +18% | +$67.1K |
|
4000
Vista Energy
VIST
$7.63B
| $423K | ﹤0.01% |
9,296
-9,805
| -51% | -$434K |
|
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.