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 | |
|---|---|---|---|---|---|---|
4176
Appian
APPN
$2.11B
| $339K | ﹤0.01% |
11,001
-3,805
| -26% | -$125K |
|
4177
First Bancorp
FBP
$4.41B
| $339K | ﹤0.01% |
+18,526
| New | +$324K |
|
4178
Marcus & Millichap
MMI
$1.2B
| $339K | ﹤0.01% |
10,740
+457
| +4% | +$14.8K |
|
4179
FlexShares Disciplined Duration MBS Index Fund
MBSD
$89M
| $337K | ﹤0.01% |
16,599
-3,363
| -17% | -$67.9K |
|
4180
Materion
MTRN
$3.94B
| $335K | ﹤0.01% |
3,102
+94
| +3% | +$10.8K |
|
4181
B2Gold
BTG
$4.98B
| $335K | ﹤0.01% |
124,085
+11,200
| +10% | +$30.2K |
|
4182
LifeMD
LFMD
$176M
| $335K | ﹤0.01% |
+48,832
| New | +$447K |
|
4183
Magnite
MGNI
$2.83B
| $334K | ﹤0.01% |
+25,135
| New | +$275K |
|
4184
WisdomTree International MidCap Dividend Fund
DIM
$164M
| $334K | ﹤0.01% |
5,507
-5,898
| -52% | -$367K |
|
|
DFTX
4185
Definium Therapeutics
DFTX
$5.6B
| $334K | ﹤0.01% |
46,265
+2,538
| +6% | +$22.2K |
|
4186
Compass Minerals
CMP
$1.23B
| $333K | ﹤0.01% |
32,249
+9,374
| +41% | +$121K |
|
4187
Mueller Water Products
MWA
$3.94B
| $333K | ﹤0.01% |
+18,586
| New | +$320K |
|
|
PFO
4188
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$118M
| $333K | ﹤0.01% |
39,313
-932
| -2% | -$7.72K |
|
4189
MiMedx Group
MDXG
$630M
| $333K | ﹤0.01% |
48,021
-15,614
| -25% | -$110K |
|
4190
Nuveen Arizona Quality Municipal Income Fund
NAZ
$156M
| $332K | ﹤0.01% |
29,786
+12,766
| +75% | +$139K |
|
|
NXJ
4191
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $332K | ﹤0.01% |
27,224
-3,996
| -13% | -$47.7K |
|
4192
Energizer
ENR
$1.47B
| $332K | ﹤0.01% |
11,245
-8,096
| -42% | -$234K |
|
4193
BOK Financial
BOKF
$8.58B
| $332K | ﹤0.01% |
3,620
-245
| -6% | -$22.1K |
|
4194
KT
KT
$8.74B
| $331K | ﹤0.01% |
+24,218
| New | +$319K |
|
|
TGI
4195
DELISTED
Triumph Group
TGI
| $330K | ﹤0.01% |
21,443
-2,746
| -11% | -$39.1K |
|
4196
T. Rowe Price Floating Rate ETF
TFLR
$670M
| $330K | ﹤0.01% |
+6,407
| New | +$332K |
|
4197
Direxion Daily Technology Bull 3x ETF
TECL
$4.39B
| $330K | ﹤0.01% |
3,384
-182
| -5% | -$14.7K |
|
4198
PUT
Zillow
Z
$7.78B
| $329K | ﹤0.01% |
7,100
+7,029
| +9,900% | +$309K |
|
|
UMH
4199
UMH Properties
UMH
$1.34B
| $329K | ﹤0.01% |
20,558
+1,821
| +10% | +$28.3K |
|
4200
Radian Group
RDN
$5.28B
| $327K | ﹤0.01% |
10,527
+1,860
| +21% | +$57.4K |
|
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.