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 | |
|---|---|---|---|---|---|---|
|
ORAN
2076
DELISTED
Orange
ORAN
| $3.8M | ﹤0.01% |
380,013
+17,361
| +5% | +$193K |
|
2077
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.19B
| $3.79M | ﹤0.01% |
351,610
+2,653
| +0.8% | +$27.9K |
|
2078
Federated Hermes US Strategic Dividend ETF
FDV
$848M
| $3.78M | ﹤0.01% |
152,292
-23,430
| -13% | -$579K |
|
|
ETG
2079
Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
$1.8B
| $3.78M | ﹤0.01% |
202,988
-729
| -0.4% | -$13.2K |
|
2080
Crane NXT
CXT
$2.99B
| $3.77M | ﹤0.01% |
61,421
+5,078
| +9% | +$311K |
|
2081
Forestar Group
FOR
$1.44B
| $3.77M | ﹤0.01% |
117,873
+5,904
| +5% | +$200K |
|
2082
BlackRock Floating Rate Income Trust
BGT
$323M
| $3.76M | ﹤0.01% |
295,006
+41,408
| +16% | +$539K |
|
2083
EXL Service
EXLS
$5.14B
| $3.76M | ﹤0.01% |
119,820
+3,543
| +3% | +$106K |
|
|
CIVI
2084
DELISTED
Civitas Resources
CIVI
| $3.75M | ﹤0.01% |
54,321
+8,918
| +20% | +$645K |
|
2085
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$35.2M
| $3.74M | ﹤0.01% |
112,146
+2,123
| +2% | +$70.6K |
|
2086
FT Vest US Equity Buffer ETF April
FAPR
$1.27B
| $3.74M | ﹤0.01% |
95,819
-5,642
| -6% | -$213K |
|
2087
Nextpower Inc
NXT
$13.6B
| $3.74M | ﹤0.01% |
79,747
+3,413
| +4% | +$170K |
|
2088
Davis Select Worldwide ETF
DWLD
$608M
| $3.73M | ﹤0.01% |
111,945
+7,028
| +7% | +$235K |
|
2089
Nuveen Global High Income Fund
JGH
$352M
| $3.71M | ﹤0.01% |
290,349
-2,609
| -0.9% | -$33.1K |
|
2090
Matador Resources
MTDR
$6.2B
| $3.71M | ﹤0.01% |
62,292
-1,166
| -2% | -$73.2K |
|
|
WRK
2091
DELISTED
WestRock Company
WRK
| $3.71M | ﹤0.01% |
73,832
+7,780
| +12% | +$393K |
|
2092
BNY Mellon International Equity ETF
BKIE
$1.3B
| $3.71M | ﹤0.01% |
149,439
-20,043
| -12% | -$497K |
|
2093
Crane Co
CR
$12.3B
| $3.71M | ﹤0.01% |
25,562
+1,235
| +5% | +$175K |
|
2094
AdvisorShares Pure US Cannabis ETF
MSOS
$858M
| $3.7M | ﹤0.01% |
504,557
+45,480
| +10% | +$397K |
|
2095
Global X Nasdaq 100 Covered Call & Growth ETF
QYLG
$156M
| $3.69M | ﹤0.01% |
116,946
+40,547
| +53% | +$1.24M |
|
2096
Franklin Investment Grade Corporate ETF
FLCO
$577M
| $3.69M | ﹤0.01% |
174,579
+837
| +0.5% | +$17.6K |
|
2097
Insulet
PODD
$11.5B
| $3.69M | ﹤0.01% |
18,261
+1,965
| +12% | +$354K |
|
2098
Lakeland Financial Corp
LKFN
$1.56B
| $3.68M | ﹤0.01% |
59,885
+2,698
| +5% | +$164K |
|
2099
Nexstar Media Group
NXST
$5.82B
| $3.68M | ﹤0.01% |
22,182
-3,424
| -13% | -$557K |
|
2100
AutoNation
AN
$7.11B
| $3.68M | ﹤0.01% |
23,097
-3,598
| -13% | -$587K |
|
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.