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 | |
|---|---|---|---|---|---|---|
1701
VanEck India Growth Leaders ETF
GLIN
$96.2M
| $6.19M | ﹤0.01% |
121,821
+10,869
| +10% | +$525K |
|
1702
Independence Realty Trust
IRT
$3.92B
| $6.18M | ﹤0.01% |
329,790
+4,330
| +1% | +$72.4K |
|
1703
Teck Resources
TECK
$29.6B
| $6.17M | ﹤0.01% |
128,886
+42,124
| +49% | +$2.07M |
|
1704
Dynatrace
DT
$12.9B
| $6.17M | ﹤0.01% |
137,898
-44,858
| -25% | -$2.07M |
|
1705
SPS Commerce
SPSC
$2.69B
| $6.16M | ﹤0.01% |
32,764
+4,570
| +16% | +$836K |
|
|
SHCO
1706
DELISTED
Soho House & Co
SHCO
| $6.15M | ﹤0.01% |
1,158,284
-503,196
| -30% | -$2.69M |
|
1707
Innovator US Equity Power Buffer ETF January
PJAN
$1.43B
| $6.15M | ﹤0.01% |
152,859
+19,289
| +14% | +$759K |
|
1708
Bank of Montreal
BMO
$126B
| $6.15M | ﹤0.01% |
73,327
+11,628
| +19% | +$1.06M |
|
1709
Nuveen ESG US Aggregate Bond ETF
NUBD
$463M
| $6.14M | ﹤0.01% |
281,285
+32,397
| +13% | +$701K |
|
|
GUT
1710
Gabelli Utility Trust
GUT
$569M
| $6.12M | ﹤0.01% |
1,061,375
+52,585
| +5% | +$299K |
|
1711
Global X Adaptive US Factor ETF
AUSF
$900M
| $6.11M | ﹤0.01% |
154,001
+103,541
| +205% | +$4.1M |
|
1712
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.19B
| $6.11M | ﹤0.01% |
30,573
-1,759
| -5% | -$344K |
|
1713
Reinsurance Group of America
RGA
$15.5B
| $6.09M | ﹤0.01% |
29,646
-131
| -0.4% | -$26.2K |
|
|
THQ
1714
abrdn Healthcare Opportunities Fund
THQ
$777M
| $6.08M | ﹤0.01% |
298,259
+148,400
| +99% | +$2.95M |
|
1715
Houlihan Lokey
HLI
$8.77B
| $6.07M | ﹤0.01% |
44,986
+2,332
| +5% | +$305K |
|
1716
Tyler Technologies
TYL
$12.7B
| $6.06M | ﹤0.01% |
12,062
+1,243
| +11% | +$573K |
|
1717
Amplify AI Powered Equity ETF
AIEQ
$120M
| $6.03M | ﹤0.01% |
166,059
+26,481
| +19% | +$931K |
|
1718
EQT Corp
EQT
$33.3B
| $6.03M | ﹤0.01% |
162,960
-92,854
| -36% | -$3.64M |
|
1719
Halozyme
HALO
$9.79B
| $6.01M | ﹤0.01% |
114,831
+59,701
| +108% | +$2.62M |
|
1720
Roundhill Generative AI & Technology ETF
CHAT
$1.74B
| $6M | ﹤0.01% |
160,925
+71,907
| +81% | +$2.53M |
|
1721
iShares MSCI USA Equal Weighted ETF
EUSA
$1.81B
| $5.99M | ﹤0.01% |
67,872
+913
| +1% | +$80.5K |
|
1722
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
| $5.98M | ﹤0.01% |
202,263
+29,822
| +17% | +$866K |
|
1723
First Trust Nasdaq Bank ETF
FTXO
$305M
| $5.98M | ﹤0.01% |
225,318
-49,298
| -18% | -$1.3M |
|
1724
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $5.98M | ﹤0.01% |
94,233
+9,780
| +12% | +$634K |
|
|
EQIN
1725
Columbia U.S. Equity Income ETF
EQIN
$307M
| $5.98M | ﹤0.01% |
135,938
+18,135
| +15% | +$793K |
|
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.