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 | |
|---|---|---|---|---|---|---|
4026
VictoryShares WestEnd US Sector ETF
MODL
$1.03B
| $412K | ﹤0.01% |
+11,028
| New | +$395K |
|
4027
Gold Fields
GFI
$30B
| $411K | ﹤0.01% |
27,577
-1,705
| -6% | -$27.7K |
|
4028
CALL
Bank of America
BAC
$433B
| $410K | ﹤0.01% |
10,300
+10,055
| +4,104% | +$385K |
|
4029
Petrobras Class A
PBR.A
$109B
| $408K | ﹤0.01% |
29,942
-1,475
| -5% | -$21.9K |
|
4030
Allegiant Air
ALGT
$2.66B
| $408K | ﹤0.01% |
8,127
+4,978
| +158% | +$279K |
|
4031
PUT
CVS Health
CVS
$134B
| $408K | ﹤0.01% |
6,900
+6,357
| +1,171% | +$398K |
|
4032
Green Brick Partners
GRBK
$3.03B
| $407K | ﹤0.01% |
+7,105
| New | +$397K |
|
4033
Associated Banc-Corp
ASB
$5.8B
| $407K | ﹤0.01% |
19,224
-6,021
| -24% | -$127K |
|
4034
Omnicell
OMCL
$1.69B
| $406K | ﹤0.01% |
14,983
-5,641
| -27% | -$163K |
|
4035
Cohu
COHU
$2.19B
| $405K | ﹤0.01% |
12,250
+5,295
| +76% | +$164K |
|
4036
Arrowhead Research
ARWR
$12.3B
| $405K | ﹤0.01% |
15,589
-1,043
| -6% | -$25.6K |
|
|
EBTC
4037
DELISTED
Enterprise Bancorp
EBTC
| $405K | ﹤0.01% |
16,267
+2
| +0% | +$49 |
|
4038
VanEck Social Sentiment ETF
BUZZ
$91M
| $405K | ﹤0.01% |
19,068
+1,988
| +12% | +$41.1K |
|
4039
ARK Israel Innovative Technology ETF
IZRL
$137M
| $404K | ﹤0.01% |
20,283
+486
| +2% | +$9.67K |
|
4040
Resources Connection
RGP
$147M
| $404K | ﹤0.01% |
36,605
+6,393
| +21% | +$71.9K |
|
|
CGC
4041
Canopy Growth
CGC
$388M
| $404K | ﹤0.01% |
62,580
+11,492
| +22% | +$98.9K |
|
4042
Crescent Capital BDC
CCAP
$400M
| $402K | ﹤0.01% |
21,416
-408
| -2% | -$7.29K |
|
4043
Varonis Systems
VRNS
$4.58B
| $402K | ﹤0.01% |
8,380
+346
| +4% | +$15.3K |
|
4044
CALL
iShares MSCI China ETF
MCHI
$6.28B
| $401K | ﹤0.01% |
9,500
+9,405
| +9,900% | +$404K |
|
4045
BlackRock MuniYield New York Quality Fund
MYN
$374M
| $400K | ﹤0.01% |
38,190
+2,613
| +7% | +$26.9K |
|
|
KSM
4046
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $399K | ﹤0.01% |
40,458
-1,500
| -4% | -$14.4K |
|
4047
Sprott Junior Uranium Miners ETF
URNJ
$319M
| $399K | ﹤0.01% |
16,675
+7,575
| +83% | +$203K |
|
4048
US Physical Therapy
USPH
$1.22B
| $399K | ﹤0.01% |
4,315
-527
| -11% | -$53.3K |
|
4049
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
LQDW
$268M
| $399K | ﹤0.01% |
14,149
-19,256
| -58% | -$545K |
|
|
MVF
4050
DELISTED
BlackRock MuniVest Fund
MVF
| $399K | ﹤0.01% |
55,593
-16,440
| -23% | -$115K |
|
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.