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 | |
|---|---|---|---|---|---|---|
|
SKE
4001
Skeena Resources
SKE
$3.39B
| $423K | ﹤0.01% |
78,700
+20,000
| +34% | +$94.3K |
|
4002
Ultrapar
UGP
$6.9B
| $423K | ﹤0.01% |
108,078
+25,387
| +31% | +$122K |
|
|
SOR
4003
Source Capital
SOR
$378M
| $422K | ﹤0.01% |
9,545
+1,377
| +17% | +$58.5K |
|
4004
Strive 1000 Growth ETF
STXG
$146M
| $422K | ﹤0.01% |
10,588
+1,465
| +16% | +$55.4K |
|
4005
ABM Industries
ABM
$2.79B
| $422K | ﹤0.01% |
8,343
+1,533
| +23% | +$71.5K |
|
4006
Sensient Technologies
SXT
$5.28B
| $422K | ﹤0.01% |
5,685
+2,011
| +55% | +$147K |
|
|
EQC
4007
DELISTED
Equity Commonwealth
EQC
| $422K | ﹤0.01% |
21,741
-7,204
| -25% | -$137K |
|
4008
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.28B
| $421K | ﹤0.01% |
4,805
-59,315
| -93% | -$5.05M |
|
4009
Scorpio Tankers
STNG
$3.76B
| $420K | ﹤0.01% |
5,164
-388
| -7% | -$29.7K |
|
4010
Innovator International Developed Power Buffer ETF October
IOCT
$168M
| $419K | ﹤0.01% |
14,305
+4,630
| +48% | +$135K |
|
4011
Invesco Pennsylvania Value Municipal Income Trust
VPV
$196M
| $419K | ﹤0.01% |
38,536
-63,938
| -62% | -$658K |
|
|
FSFG
4012
DELISTED
First Savings Financial Group
FSFG
| $418K | ﹤0.01% |
23,510
+199
| +0.9% | +$3.23K |
|
4013
Liquidia Corp
LQDA
$7.72B
| $418K | ﹤0.01% |
+34,850
| New | +$463K |
|
4014
Humacyte Inc Warrant
HUMAW
$1.4M
| $418K | ﹤0.01% |
300,599
+20,000
| +7% | +$24.8K |
|
4015
Janus International
JBI
$694M
| $418K | ﹤0.01% |
33,072
+6,180
| +23% | +$86.3K |
|
4016
Wabash National
WNC
$504M
| $418K | ﹤0.01% |
19,122
-33,544
| -64% | -$790K |
|
4017
Sportradar
SRAD
$4.35B
| $417K | ﹤0.01% |
37,313
+1,565
| +4% | +$16.3K |
|
|
RCM
4018
DELISTED
R1 RCM Inc. Common Stock
RCM
| $417K | ﹤0.01% |
33,188
+644
| +2% | +$8.01K |
|
4019
Algoma Steel
ASTL
$404M
| $417K | ﹤0.01% |
59,881
-4,159
| -6% | -$32.1K |
|
4020
Quadratic Deflation ETF
BNDD
$24.6M
| $417K | ﹤0.01% |
3,549
-218
| -6% | -$25.8K |
|
4021
Mach Natural Resources
MNR
$2.25B
| $415K | ﹤0.01% |
21,825
-3,919
| -15% | -$77.7K |
|
4022
Lindsay Corp
LNN
$1.12B
| $413K | ﹤0.01% |
3,365
+84
| +3% | +$9.78K |
|
4023
Globalstar
GSAT
$10.3B
| $413K | ﹤0.01% |
24,604
-7,071
| -22% | -$127K |
|
4024
Rogers Communications
RCI
$18.4B
| $413K | ﹤0.01% |
11,172
-671
| -6% | -$26K |
|
4025
PUT
Universal Insurance Holdings
UVE
$1.23B
| $413K | ﹤0.01% |
22,000
+21,820
| +12,122% | +$424K |
|
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.