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 | |
|---|---|---|---|---|---|---|
4126
Ingles Markets
IMKTA
$1.72B
| $358K | ﹤0.01% |
5,221
+2,245
| +75% | +$163K |
|
4127
Stantec
STN
$8.17B
| $358K | ﹤0.01% |
4,282
-366
| -8% | -$29.8K |
|
4128
Element Solutions
ESI
$8.48B
| $357K | ﹤0.01% |
13,172
+2,752
| +26% | +$67.8K |
|
4129
Goldman Sachs Innovate Equity ETF
GINN
$201M
| $357K | ﹤0.01% |
6,294
-155
| -2% | -$8.59K |
|
|
CMRC
4130
Commerce.com Inc Series 1
CMRC
$272M
| $357K | ﹤0.01% |
44,294
-123
| -0.3% | -$879 |
|
4131
Nomura Holdings
NMR
$28.3B
| $357K | ﹤0.01% |
+61,759
| New | +$366K |
|
4132
Graham Corp
GHM
$1.03B
| $356K | ﹤0.01% |
12,651
+458
| +4% | +$13.2K |
|
4133
Danaos Corp
DAC
$2.52B
| $355K | ﹤0.01% |
3,845
-1,545
| -29% | -$129K |
|
4134
Sonos
SONO
$2.09B
| $355K | ﹤0.01% |
24,038
-1,827
| -7% | -$30.3K |
|
4135
Escalade
ESCA
$271M
| $355K | ﹤0.01% |
25,720
-1,303
| -5% | -$17.5K |
|
|
ITI
4136
DELISTED
Iteris, Inc.
ITI
| $354K | ﹤0.01% |
81,716
+3,250
| +4% | +$14.7K |
|
|
BTX
4137
BlackRock Technology and Private Equity Term Trust
BTX
$895M
| $354K | ﹤0.01% |
48,936
-14,893
| -23% | -$110K |
|
|
NTRL
4138
First Trust Equity Market Neutral ETF
NTRL
$16.3M
| $354K | ﹤0.01% |
18,052
+1,828
| +11% | +$35.9K |
|
4139
PagSeguro Digital
PAGS
$2.67B
| $353K | ﹤0.01% |
30,237
+12,724
| +73% | +$156K |
|
|
PSTL
4140
Postal Realty Trust
PSTL
$703M
| $352K | ﹤0.01% |
26,434
+325
| +1% | +$4.41K |
|
4141
Rocket Lab Corp
RKLB
$36.6B
| $352K | ﹤0.01% |
73,281
-19,661
| -21% | -$81.9K |
|
4142
FT Vest International Equity Moderate Buffer ETF March
YMAR
$160M
| $352K | ﹤0.01% |
15,165
-105
| -0.7% | -$2.43K |
|
4143
Mercantile Bank Corp
MBWM
$1.04B
| $351K | ﹤0.01% |
8,657
-742
| -8% | -$27.8K |
|
|
SRCL
4144
DELISTED
Stericycle Inc
SRCL
| $351K | ﹤0.01% |
6,034
-13,764
| -70% | -$707K |
|
4145
DoubleLine Opportunistic Bond ETF
DBND
$738M
| $350K | ﹤0.01% |
7,717
+2,978
| +63% | +$134K |
|
4146
Strive Emerging Markets ex-China ETF
STXE
$127M
| $350K | ﹤0.01% |
11,760
+356
| +3% | +$10.2K |
|
4147
AllianzIM U.S. Equity Buffer20 Jun ETF
JUNW
$366M
| $350K | ﹤0.01% |
12,233
+178
| +1% | +$5K |
|
|
PDS
4148
Precision Drilling
PDS
$940M
| $350K | ﹤0.01% |
+4,970
| New | +$350K |
|
4149
Triple Flag Precious Metals
TFPM
$5.93B
| $349K | ﹤0.01% |
22,545
+4,438
| +25% | +$70.9K |
|
4150
Five Star Bancorp
FSBC
$1.01B
| $349K | ﹤0.01% |
14,739
-1,275
| -8% | -$28.6K |
|
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.