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 | |
|---|---|---|---|---|---|---|
4551
Coherus Oncology
CHRS
$217M
| $205K | ﹤0.01% |
118,486
+5,750
| +5% | +$11.6K |
|
4552
McCormick & Company Voting
MKC.V
$13.9B
| $205K | ﹤0.01% |
2,970
-652
| -18% | -$47.4K |
|
4553
Stock Yards Bancorp
SYBT
$2.6B
| $205K | ﹤0.01% |
4,123
+1
| +0% | +$47 |
|
4554
FT Vest International Equity Buffer ETF June
YJUN
$137M
| $205K | ﹤0.01% |
9,365
-3,703
| -28% | -$81.4K |
|
4555
Simmons First National
SFNC
$3.39B
| $204K | ﹤0.01% |
11,630
-538
| -4% | -$9.5K |
|
4556
SunCoke Energy
SXC
$794M
| $204K | ﹤0.01% |
20,843
+3,166
| +18% | +$32.7K |
|
|
MESO
4557
Mesoblast
MESO
$1.83B
| $204K | ﹤0.01% |
29,987
+9,200
| +44% | +$62.9K |
|
4558
Overlay Shares Large Cap Equity ETF
OVL
$329M
| $204K | ﹤0.01% |
4,629
-459
| -9% | -$19.3K |
|
4559
Synaptics
SYNA
$4.05B
| $204K | ﹤0.01% |
+2,311
| New | +$209K |
|
4560
United States 12 Month Oil Fund,
USL
$45.7M
| $204K | ﹤0.01% |
5,030
-215
| -4% | -$8.54K |
|
4561
CALL
Scorpio Tankers
STNG
$3.91B
| $203K | ﹤0.01% |
+2,500
| New | +$191K |
|
4562
Howard Hughes
HHH
$3.94B
| $203K | ﹤0.01% |
3,288
-1,005
| -23% | -$63K |
|
|
CRT
4563
Cross Timbers Royalty Trust
CRT
$61.1M
| $203K | ﹤0.01% |
18,771
+406
| +2% | +$5.39K |
|
4564
Virtus Private Credit Strategy ETF
VPC
$30.2M
| $202K | ﹤0.01% |
+8,926
| New | +$203K |
|
4565
PUT
JPMorgan Chase
JPM
$916B
| $202K | ﹤0.01% |
+1,000
| New | +$196K |
|
4566
PUT
New Fortress Energy
NFE
$92.9M
| $202K | ﹤0.01% |
+9,200
| New | +$238K |
|
4567
City Holding Co
CHCO
$2.05B
| $202K | ﹤0.01% |
+1,900
| New | +$195K |
|
|
PNF
4568
DELISTED
PIMCO New York Municipal Income Fund
PNF
| $201K | ﹤0.01% |
25,739
+243
| +1% | +$1.87K |
|
|
MRCC
4569
DELISTED
Monroe Capital Corp
MRCC
| $201K | ﹤0.01% |
26,428
-4,458
| -14% | -$32.9K |
|
4570
Arcus Biosciences
RCUS
$3.33B
| $201K | ﹤0.01% |
13,198
+3,135
| +31% | +$50.6K |
|
4571
Acadia Realty Trust
AKR
$3.02B
| $198K | ﹤0.01% |
11,061
-1,300
| -11% | -$22.2K |
|
4572
Ginkgo Bioworks
DNA
$498M
| $198K | ﹤0.01% |
14,793
+590
| +4% | +$17.6K |
|
|
ZYXI
4573
DELISTED
Zynex
ZYXI
| $198K | ﹤0.01% |
21,200
-1,195
| -5% | -$12.7K |
|
4574
Galectin Therapeutics
GALT
$230M
| $197K | ﹤0.01% |
87,258
+32,196
| +58% | +$97.8K |
|
4575
Brookdale Senior Living
BKD
$3.55B
| $197K | ﹤0.01% |
28,855
+8,026
| +39% | +$54.3K |
|
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.