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 | |
|---|---|---|---|---|---|---|
4376
Walker & Dunlop
WD
$1.73B
| $259K | ﹤0.01% |
2,638
-259
| -9% | -$24.6K |
|
4377
Cohen & Steers Real Estate Opportunities and Income Fund
RLTY
$270M
| $258K | ﹤0.01% |
18,143
-948
| -5% | -$13.1K |
|
4378
Copa Holdings
CPA
$5.56B
| $258K | ﹤0.01% |
2,712
-1,433
| -35% | -$143K |
|
4379
NexGen Energy
NXE
$5.91B
| $258K | ﹤0.01% |
36,973
-1,146
| -3% | -$8.78K |
|
4380
Wahed FTSE USA Shariah ETF
HLAL
$888M
| $258K | ﹤0.01% |
+5,086
| New | +$247K |
|
|
AHRT
4381
AH Realty Trust
AHRT
$536M
| $257K | ﹤0.01% |
23,150
+9,984
| +76% | +$109K |
|
4382
Shinhan Financial Group
SHG
$32.1B
| $256K | ﹤0.01% |
7,359
+965
| +15% | +$32.4K |
|
4383
National Beverage
FIZZ
$3.06B
| $256K | ﹤0.01% |
4,996
+585
| +13% | +$27.4K |
|
4384
Citizens Financial Services
CZFS
$371M
| $255K | ﹤0.01% |
5,729
+11
| +0.2% | +$472 |
|
4385
CALL
UnitedHealth
UNH
$382B
| $255K | ﹤0.01% |
500
+492
| +6,150% | +$241K |
|
|
IMOS
4386
ChipMOS TECHNOLOGIES
IMOS
$1.59B
| $254K | ﹤0.01% |
9,743
+1,076
| +12% | +$30.1K |
|
|
PNNT
4387
Pennant Park Investment Corp
PNNT
$220M
| $254K | ﹤0.01% |
33,644
-18,681
| -36% | -$136K |
|
4388
Vivid Seats
SEAT
$81.6M
| $253K | ﹤0.01% |
2,203
-6
| -0.3% | -$652 |
|
4389
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$901M
| $253K | ﹤0.01% |
22,842
+1,892
| +9% | +$20.5K |
|
4390
Douglas Emmett
DEI
$2.05B
| $253K | ﹤0.01% |
18,997
-2,530
| -12% | -$34.3K |
|
4391
Bitwise Crypto Industry Innovators ETF
BITQ
$355M
| $253K | ﹤0.01% |
18,747
-884
| -5% | -$10.6K |
|
4392
SiTime
SITM
$13.8B
| $252K | ﹤0.01% |
2,029
-303
| -13% | -$32.3K |
|
4393
NovoCure
NVCR
$1.77B
| $251K | ﹤0.01% |
14,651
-3,117
| -18% | -$54.8K |
|
4394
Gold Royalty Corp
GROY
$602M
| $251K | ﹤0.01% |
177,985
+25,727
| +17% | +$45.8K |
|
4395
CALL
Ford
F
$60.9B
| $251K | ﹤0.01% |
+20,000
| New | +$247K |
|
4396
VOC Energy
VOC
$56.4M
| $251K | ﹤0.01% |
52,129
-527
| -1% | -$2.96K |
|
|
IAF
4397
abrdn Australia Equity Fund
IAF
$121M
| $250K | ﹤0.01% |
19,249
+125
| +0.7% | +$1.61K |
|
|
DVAX
4398
DELISTED
Dynavax Technologies
DVAX
| $250K | ﹤0.01% |
22,241
+1,206
| +6% | +$14K |
|
|
CET
4399
Central Securities Corp
CET
$1.56B
| $250K | ﹤0.01% |
5,670
-40
| -0.7% | -$1.69K |
|
4400
Ultragenyx Pharmaceutical
RARE
$2.46B
| $250K | ﹤0.01% |
6,071
-1,131
| -16% | -$48.3K |
|
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.