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 | |
|---|---|---|---|---|---|---|
2101
Genmab
GMAB
$17.7B
| $3.67M | ﹤0.01% |
146,030
+14,040
| +11% | +$398K |
|
2102
Cambria Foreign Shareholder Yield ETF
FYLD
$704M
| $3.67M | ﹤0.01% |
138,866
+39,950
| +40% | +$1.09M |
|
2103
Columbia India Consumer ETF
INCO
$234M
| $3.67M | ﹤0.01% |
52,463
+15,111
| +40% | +$1M |
|
|
RIV
2104
RiverNorth Opportunities Fund
RIV
$311M
| $3.66M | ﹤0.01% |
298,802
+172,521
| +137% | +$2.07M |
|
2105
State Street SPDR S&P Health Care Services ETF
XHS
$206M
| $3.66M | ﹤0.01% |
40,692
-555
| -1% | -$50.1K |
|
2106
Invesco BulletShares 2031 High Yield Corporate Bond ETF
BSJV
$101M
| $3.66M | ﹤0.01% |
140,541
+24,225
| +21% | +$629K |
|
|
EXE
2107
Expand Energy Corp
EXE
$21.8B
| $3.64M | ﹤0.01% |
44,277
+9,537
| +27% | +$842K |
|
2108
Kimbell Royalty Partners
KRP
$1.48B
| $3.64M | ﹤0.01% |
222,434
-4,519
| -2% | -$73.5K |
|
2109
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.68B
| $3.63M | ﹤0.01% |
50,436
+29,127
| +137% | +$2.04M |
|
2110
Amplify Online Retail ETF
IBUY
$111M
| $3.63M | ﹤0.01% |
65,877
-34,444
| -34% | -$1.9M |
|
2111
IDEX
IEX
$17B
| $3.61M | ﹤0.01% |
17,928
+106
| +0.6% | +$23.2K |
|
2112
ProShares Short QQQ
PSQ
$824M
| $3.61M | ﹤0.01% |
89,031
+22,712
| +34% | +$991K |
|
2113
Verra Mobility
VRRM
$804M
| $3.6M | ﹤0.01% |
132,450
+15,207
| +13% | +$392K |
|
2114
Opus Small Cap Value ETF
OSCV
$708M
| $3.6M | ﹤0.01% |
104,234
+64,516
| +162% | +$2.23M |
|
2115
State Street SPDR S&P Transportation ETF
XTN
$387M
| $3.6M | ﹤0.01% |
45,985
+516
| +1% | +$40.4K |
|
|
SF
2116
Stifel
SF
$12.6B
| $3.57M | ﹤0.01% |
63,725
-1,827
| -3% | -$96.8K |
|
2117
Commerce Bancshares
CBSH
$8.53B
| $3.55M | ﹤0.01% |
70,199
-6,055
| -8% | -$299K |
|
2118
Integer Holdings
ITGR
$4.12B
| $3.55M | ﹤0.01% |
30,645
+1,579
| +5% | +$184K |
|
2119
Zions Bancorporation
ZION
$10.2B
| $3.55M | ﹤0.01% |
81,798
+13,733
| +20% | +$580K |
|
2120
Advance Auto Parts
AAP
$3.35B
| $3.54M | ﹤0.01% |
55,941
+4,115
| +8% | +$295K |
|
2121
Regal Rexnord
RRX
$13.7B
| $3.53M | ﹤0.01% |
26,119
+2,731
| +12% | +$425K |
|
2122
Performance Food Group
PFGC
$18B
| $3.53M | ﹤0.01% |
53,376
+819
| +2% | +$57.1K |
|
2123
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $3.53M | ﹤0.01% |
70,310
-25,089
| -26% | -$1.31M |
|
2124
National Fuel Gas
NFG
$7.82B
| $3.53M | ﹤0.01% |
65,104
-7,367
| -10% | -$404K |
|
2125
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.7M
| $3.53M | ﹤0.01% |
94,254
+894
| +1% | +$32.5K |
|
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.