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 | |
|---|---|---|---|---|---|---|
4601
Payoneer
PAYO
$2.41B
| $180K | ﹤0.01% |
32,466
+3,206
| +11% | +$17.3K |
|
|
ECF
4602
Ellsworth Growth & Income Fund
ECF
$164M
| $179K | ﹤0.01% |
21,746
+4,895
| +29% | +$39.1K |
|
4603
Lifestance Health
LFST
$4.15B
| $179K | ﹤0.01% |
36,477
-268
| -0.7% | -$1.62K |
|
|
CIO
4604
DELISTED
City Office REIT
CIO
| $179K | ﹤0.01% |
35,924
-5,449
| -13% | -$26.2K |
|
|
MVT
4605
DELISTED
BlackRock MuniVest Fund II
MVT
| $178K | ﹤0.01% |
16,082
+1,415
| +10% | +$15.1K |
|
4606
Bumble
BMBL
$387M
| $177K | ﹤0.01% |
16,799
+3,567
| +27% | +$38.8K |
|
|
HIMX
4607
Himax Technologies
HIMX
$2.03B
| $175K | ﹤0.01% |
22,068
-1,618
| -7% | -$9.9K |
|
|
VRE
4608
DELISTED
Veris Residential
VRE
| $175K | ﹤0.01% |
+11,639
| New | +$174K |
|
4609
AerSale
ASLE
$291M
| $175K | ﹤0.01% |
25,220
-3,300
| -12% | -$23.6K |
|
4610
Ramaco Resources Class A
METC
$629M
| $174K | ﹤0.01% |
14,475
-872
| -6% | -$12.1K |
|
4611
Healthcare Services Group
HCSG
$1.61B
| $174K | ﹤0.01% |
16,474
-43,838
| -73% | -$486K |
|
4612
Global X MSCI China Consumer Discretionary ETF
CHIQ
$131M
| $173K | ﹤0.01% |
10,394
-26,830
| -72% | -$485K |
|
|
GTM
4613
ZoomInfo Technologies
GTM
$1.03B
| $173K | ﹤0.01% |
13,566
+719
| +6% | +$10.1K |
|
4614
SITE Centers
SITC
$236M
| $173K | ﹤0.01% |
+15,263
| New | +$168K |
|
|
CLLS
4615
Cellectis
CLLS
$288M
| $172K | ﹤0.01% |
91,787
+10,440
| +13% | +$27.4K |
|
|
PCK
4616
DELISTED
Pimco California Municipal Income Fund II
PCK
| $170K | ﹤0.01% |
29,088
-4,410
| -13% | -$25.4K |
|
4617
iShares MSCI Hong Kong ETF
EWH
$1.23B
| $170K | ﹤0.01% |
+11,080
| New | +$180K |
|
4618
Xeris Biopharma Holdings
XERS
$1.45B
| $168K | ﹤0.01% |
74,677
+35,700
| +92% | +$72K |
|
|
PCM
4619
PCM Fund
PCM
$68.7M
| $168K | ﹤0.01% |
22,629
+4,173
| +23% | +$35K |
|
4620
Herbalife
HLF
$1.3B
| $167K | ﹤0.01% |
+16,107
| New | +$161K |
|
|
SAVE
4621
DELISTED
Spirit Airlines, Inc.
SAVE
| $167K | ﹤0.01% |
45,642
+1,294
| +3% | +$5.01K |
|
|
GUG
4622
Guggenheim Active Allocation Fund
GUG
$505M
| $166K | ﹤0.01% |
+11,088
| New | +$163K |
|
4623
Five Point Holdings
FPH
$387M
| $165K | ﹤0.01% |
56,378
+22,222
| +65% | +$68.6K |
|
4624
CryoPort
CYRX
$753M
| $165K | ﹤0.01% |
23,813
+2,213
| +10% | +$29.8K |
|
|
INSI
4625
DELISTED
Insight Select Income Fund
INSI
| $164K | ﹤0.01% |
10,056
-1,647
| -14% | -$26.5K |
|
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.