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 | |
|---|---|---|---|---|---|---|
|
GLU
4326
Gabelli Utility & Income Trust
GLU
$113M
| $282K | ﹤0.01% |
20,332
-2,060
| -9% | -$29.2K |
|
4327
Warby Parker
WRBY
$3.19B
| $281K | ﹤0.01% |
+17,488
| New | +$259K |
|
4328
Sunstone Hotel Investors
SHO
$2.19B
| $281K | ﹤0.01% |
26,829
+6,264
| +30% | +$64.9K |
|
4329
Innovator US Equity Ultra Buffer ETF March
UMAR
$192M
| $281K | ﹤0.01% |
8,334
+1,691
| +25% | +$55.4K |
|
4330
LegalZoom.com
LZ
$1.45B
| $281K | ﹤0.01% |
33,445
-200
| -0.6% | -$2.06K |
|
4331
POSCO
PKX
$14.7B
| $280K | ﹤0.01% |
4,264
-111
| -3% | -$7.87K |
|
|
IGI
4332
Western Asset Investment Grade Defined Opportunity Trust
IGI
$94.1M
| $280K | ﹤0.01% |
16,407
+159
| +1% | +$2.69K |
|
|
TE
4333
T1 Energy
TE
$1.04B
| $278K | ﹤0.01% |
163,557
+32,200
| +25% | +$61.5K |
|
4334
Daktronics
DAKT
$946M
| $278K | ﹤0.01% |
19,927
+5,331
| +37% | +$56.9K |
|
4335
SolarEdge
SEDG
$2.37B
| $278K | ﹤0.01% |
10,997
+2,024
| +23% | +$105K |
|
4336
Franklin FTSE Asia ex Japan ETF
FLAX
$53.2M
| $277K | ﹤0.01% |
12,182
+515
| +4% | +$11.6K |
|
|
EEA
4337
European Equity Fund
EEA
$73.6M
| $277K | ﹤0.01% |
30,812
+406
| +1% | +$3.63K |
|
4338
Lakeland Industries
LAKE
$108M
| $276K | ﹤0.01% |
12,051
-1,740
| -13% | -$32.7K |
|
4339
Pacific Biosciences
PACB
$435M
| $276K | ﹤0.01% |
201,442
+20,790
| +12% | +$42K |
|
4340
908 Devices
MASS
$312M
| $276K | ﹤0.01% |
53,585
+2,378
| +5% | +$14.4K |
|
4341
Xtrackers Low Beta High Yield Bond ETF
HYDW
$65.1M
| $276K | ﹤0.01% |
+5,988
| New | +$274K |
|
4342
PUT
Dell
DELL
$239B
| $276K | ﹤0.01% |
+2,000
| New | +$268K |
|
|
EDR
4343
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $276K | ﹤0.01% |
10,197
-56,485
| -85% | -$1.5M |
|
|
ROOF
4344
DELISTED
NYLI CBRE NextGen Real Estate ETF
ROOF
| $276K | ﹤0.01% |
14,444
-781
| -5% | -$14.8K |
|
4345
Banc of California
BANC
$2.87B
| $276K | ﹤0.01% |
21,564
+1,673
| +8% | +$23.1K |
|
4346
Invesco S&P SmallCap Financials ETF
PSCF
$27.5M
| $275K | ﹤0.01% |
5,773
-419
| -7% | -$19.7K |
|
4347
Runway Growth Finance
RWAY
$235M
| $275K | ﹤0.01% |
23,386
-5,800
| -20% | -$70.5K |
|
4348
Leslie's
LESL
$8.33M
| $275K | ﹤0.01% |
3,281
+998
| +44% | +$97.1K |
|
4349
Origin Bancorp
OBK
$1.7B
| $274K | ﹤0.01% |
8,650
+1,298
| +18% | +$39.7K |
|
4350
Harmony Gold Mining
HMY
$9.7B
| $274K | ﹤0.01% |
29,908
+2,577
| +9% | +$23.1K |
|
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.