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 | |
|---|---|---|---|---|---|---|
4426
Day Hagan/Ned Davis Research Smart Sector International ETF
SSXU
$42.2M
| $240K | ﹤0.01% |
8,468
+168
| +2% | +$4.79K |
|
|
MHF
4427
Western Asset Municipal High Income Fund
MHF
$151M
| $240K | ﹤0.01% |
35,397
-5,000
| -12% | -$33.8K |
|
4428
Global X Hydrogen ETF
HYDR
$75.5M
| $239K | ﹤0.01% |
9,160
+1,787
| +24% | +$51.3K |
|
4429
State Street SPDR S&P Telecom ETF
XTL
$543M
| $239K | ﹤0.01% |
3,102
+318
| +11% | +$23.2K |
|
4430
AllianzIM U.S. Equity Buffer20 Feb ETF
FEBW
$196M
| $239K | ﹤0.01% |
8,073
+73
| +0.9% | +$2.12K |
|
4431
FT Vest US Equity Enhance & Moderate Buffer ETF July
XJUL
$41.6M
| $239K | ﹤0.01% |
+7,050
| New | +$236K |
|
4432
Biglari Holdings Class B
BH
$1.2B
| $239K | ﹤0.01% |
1,234
+28
| +2% | +$5.5K |
|
4433
CALL
Walt Disney
DIS
$171B
| $238K | ﹤0.01% |
+2,400
| New | +$258K |
|
4434
Innovator US Equity 10 Buffer ETF Quarterly
ZALT
$746M
| $238K | ﹤0.01% |
+8,400
| New | +$231K |
|
4435
FuelCell Energy
FCEL
$1.45B
| $238K | ﹤0.01% |
12,419
+6,156
| +98% | +$165K |
|
4436
Evertec
EVTC
$1.97B
| $238K | ﹤0.01% |
7,148
-386
| -5% | -$13.9K |
|
4437
Relay Therapeutics
RLAY
$4B
| $237K | ﹤0.01% |
+36,382
| New | +$249K |
|
4438
Revolution Medicines
RVMD
$38.5B
| $237K | ﹤0.01% |
+6,112
| New | +$228K |
|
4439
PUT
Truist Financial
TFC
$63.9B
| $237K | ﹤0.01% |
6,100
+5,981
| +5,026% | +$226K |
|
4440
Pitney Bowes
PBI
$2.39B
| $237K | ﹤0.01% |
46,625
+5,171
| +12% | +$24.7K |
|
4441
Evolus
EOLS
$397M
| $236K | ﹤0.01% |
21,770
-3,461
| -14% | -$42.6K |
|
4442
PUT
Blackrock
BLK
$167B
| $236K | ﹤0.01% |
+300
| New | +$234K |
|
4443
FT Vest US Equity Moderate Buffer ETF August
GAUG
$290M
| $236K | ﹤0.01% |
7,006
+850
| +14% | +$28.2K |
|
4444
Canadian Solar
CSIQ
$932M
| $236K | ﹤0.01% |
15,972
+1,644
| +11% | +$27.8K |
|
4445
AdvisorShares Vice ETF
VICE
$7.46M
| $235K | ﹤0.01% |
8,187
+216
| +3% | +$6.14K |
|
|
NGD
4446
DELISTED
New Gold Inc
NGD
| $235K | ﹤0.01% |
120,423
+18,900
| +19% | +$35.9K |
|
4447
Great Southern Bancorp
GSBC
$878M
| $235K | ﹤0.01% |
4,221
-36
| -0.8% | -$1.89K |
|
4448
Absci
ABSI
$1.17B
| $234K | ﹤0.01% |
76,035
+1,103
| +1% | +$5.11K |
|
4449
Argan
AGX
$6.9B
| $234K | ﹤0.01% |
+3,199
| New | +$210K |
|
4450
WisdomTree New Economy Real Estate Fund
WTRE
$15.2M
| $234K | ﹤0.01% |
13,439
-1,315
| -9% | -$22.8K |
|
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.