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 | |
|---|---|---|---|---|---|---|
4801
Puma Biotechnology
PBYI
$405M
| $67.4K | ﹤0.01% |
20,677
| – | – |
|
|
MOMO
4802
Hello Group
MOMO
$876M
| $66.4K | ﹤0.01% |
10,852
+561
| +5% | +$3.27K |
|
4803
Bridger Aerospace
BAER
$110M
| $65.6K | ﹤0.01% |
17,538
+71
| +0.4% | +$310 |
|
4804
E.W. Scripps
SSP
$268M
| $65.6K | ﹤0.01% |
20,876
-61,783
| -75% | -$196K |
|
4805
FerroAtlántica
GSM
$600M
| $65.5K | ﹤0.01% |
12,214
-2,099
| -15% | -$11.4K |
|
4806
Full House Resorts
FLL
$84.1M
| $65.4K | ﹤0.01% |
13,071
+2,100
| +19% | +$10.7K |
|
4807
BigBear.ai
BBAI
$1.31B
| $64.8K | ﹤0.01% |
42,915
-12,130
| -22% | -$19K |
|
|
VERV
4808
DELISTED
Verve Therapeutics
VERV
| $63.6K | ﹤0.01% |
13,039
-31,324
| -71% | -$197K |
|
4809
Stereotaxis
STXS
$134M
| $63.3K | ﹤0.01% |
34,754
-303
| -0.9% | -$680 |
|
4810
Clear Channel Outdoor Holdings
CCO
$1.22B
| $62.7K | ﹤0.01% |
44,500
+3,000
| +7% | +$4.42K |
|
|
LLAP
4811
DELISTED
Terran Orbital Corporation
LLAP
| $62.7K | ﹤0.01% |
76,516
| – | – |
|
4812
Evolution Petroleum
EPM
$132M
| $62.5K | ﹤0.01% |
11,865
+591
| +5% | +$3.32K |
|
4813
Noodles & Co
NDLS
$97M
| $62.2K | ﹤0.01% |
4,919
| – | – |
|
4814
SELLAS Life Sciences
SLS
$2.1B
| $61.8K | ﹤0.01% |
+51,894
| New | +$70.6K |
|
4815
Nektar Therapeutics
NKTR
$2.4B
| $61.1K | ﹤0.01% |
3,286
+920
| +39% | +$19.4K |
|
4816
American Battery Technology Co
ABAT
$297M
| $60.8K | ﹤0.01% |
48,679
+2,086
| +4% | +$2.88K |
|
4817
Porch Group
PRCH
$1.38B
| $59.9K | ﹤0.01% |
39,675
| – | – |
|
4818
Safe Bulkers
SB
$793M
| $59.7K | ﹤0.01% |
+10,262
| New | +$55.3K |
|
4819
CALL
First Majestic Silver
AG
$7.84B
| $59.2K | ﹤0.01% |
10,000
+9,800
| +4,900% | +$67.9K |
|
4820
Akebia Therapeutics
AKBA
$341M
| $59.2K | ﹤0.01% |
58,032
+40,187
| +225% | +$49.7K |
|
|
IMMP
4821
Immutep
IMMP
$56.3M
| $59K | ﹤0.01% |
+29,332
| New | +$78.7K |
|
4822
The Honest Company
HNST
$417M
| $58.9K | ﹤0.01% |
20,171
-1,502
| -7% | -$4.47K |
|
|
AEF
4823
abrdn Emerging Markets Equity Income Fund
AEF
$338M
| $58.5K | ﹤0.01% |
11,077
+1,062
| +11% | +$5.49K |
|
4824
AbCellera Biologics
ABCL
$1.7B
| $56.4K | ﹤0.01% |
19,063
-46,680
| -71% | -$177K |
|
4825
The ONE Group
STKS
$57.4M
| $56.3K | ﹤0.01% |
13,250
| – | – |
|
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.