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 | |
|---|---|---|---|---|---|---|
|
AXNX
4276
DELISTED
Axonics, Inc. Common Stock
AXNX
| $296K | ﹤0.01% |
4,401
-265
| -6% | -$17.9K |
|
4277
Unitil
UTL
$989M
| $295K | ﹤0.01% |
5,705
-571
| -9% | -$29.3K |
|
|
EIC
4278
Eagle Point Income Co
EIC
$231M
| $295K | ﹤0.01% |
18,682
+2,427
| +15% | +$38.6K |
|
4279
nLIGHT
LASR
$3.33B
| $295K | ﹤0.01% |
26,956
+4,278
| +19% | +$52K |
|
4280
Woori Financial
WF
$15.9B
| $295K | ﹤0.01% |
9,194
+2,138
| +30% | +$66.9K |
|
4281
CTS Corp
CTS
$1.76B
| $294K | ﹤0.01% |
5,815
-797
| -12% | -$39.4K |
|
|
RC
4282
Ready Capital
RC
$260M
| $293K | ﹤0.01% |
35,840
+10,666
| +42% | +$90.9K |
|
4283
Allogene Therapeutics
ALLO
$625M
| $293K | ﹤0.01% |
125,575
+42,455
| +51% | +$125K |
|
|
LNW
4284
DELISTED
Light & Wonder
LNW
| $293K | ﹤0.01% |
2,789
+298
| +12% | +$28.5K |
|
4285
Mattel
MAT
$4.47B
| $292K | ﹤0.01% |
17,981
-2,676
| -13% | -$48.5K |
|
4286
Nuveen Select Maturities Municipal Fund
NIM
$115M
| $292K | ﹤0.01% |
32,300
-1,591
| -5% | -$14.2K |
|
4287
PUT
RTX Corp
RTX
$290B
| $291K | ﹤0.01% |
+2,900
| New | +$300K |
|
4288
Global X MSCI SuperDividend EAFE ETF
EFAS
$51.4M
| $291K | ﹤0.01% |
20,394
-1,595
| -7% | -$23.3K |
|
4289
Hertz
HTZ
$527M
| $291K | ﹤0.01% |
82,311
+50,319
| +157% | +$256K |
|
4290
Fortuna Silver Mines
FSM
$2.54B
| $290K | ﹤0.01% |
59,392
+24,069
| +68% | +$121K |
|
4291
TCW Transform 500 ETF
VOTE
$1.07B
| $290K | ﹤0.01% |
4,563
-94
| -2% | -$5.75K |
|
4292
Vident US Equity Strategy ETF
VUSE
$663M
| $290K | ﹤0.01% |
5,349
-198
| -4% | -$10.5K |
|
4293
PUT
Lincoln National
LNC
$7.92B
| $289K | ﹤0.01% |
+9,300
| New | +$281K |
|
4294
U-Haul Holding Co
UHAL
$14B
| $289K | ﹤0.01% |
4,684
-182
| -4% | -$11.8K |
|
4295
JPMorgan Income ETF
JPIE
$10.1B
| $289K | ﹤0.01% |
+6,353
| New | +$287K |
|
4296
Seacoast Banking Corp of Florida
SBCF
$3.3B
| $289K | ﹤0.01% |
12,212
-261
| -2% | -$6.09K |
|
4297
PDF Solutions
PDFS
$1.72B
| $288K | ﹤0.01% |
7,921
+218
| +3% | +$7.29K |
|
|
OPPJ
4298
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$271M
| $288K | ﹤0.01% |
8,249
+1,234
| +18% | +$41.7K |
|
|
TEN
4299
Tsakos Energy Navigation Ltd
TEN
$1.19B
| $288K | ﹤0.01% |
9,826
-331
| -3% | -$9.29K |
|
|
KLDW
4300
DELISTED
Knowledge Leaders Developed World ETF
KLDW
| $288K | ﹤0.01% |
6,519
| – | – |
|
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.