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 | |
|---|---|---|---|---|---|---|
2126
Alerian Energy Infrastructure ETF
ENFR
$495M
| $3.52M | ﹤0.01% |
132,649
+589
| +0.4% | +$15.1K |
|
2127
State Street Blackstone High Income ETF
HYBL
$571M
| $3.52M | ﹤0.01% |
124,684
+25,471
| +26% | +$717K |
|
2128
Angel Oak UltraShort Income ETF
UYLD
$1.57B
| $3.52M | ﹤0.01% |
69,238
+9,125
| +15% | +$465K |
|
2129
Hasbro
HAS
$13.2B
| $3.52M | ﹤0.01% |
60,231
+7,436
| +14% | +$441K |
|
2130
Texas Roadhouse
TXRH
$13.5B
| $3.52M | ﹤0.01% |
20,516
-609
| -3% | -$99.3K |
|
2131
CBRE Group
CBRE
$42.5B
| $3.52M | ﹤0.01% |
39,492
+197
| +0.5% | +$17.5K |
|
|
PBT
2132
Permian Basin Royalty Trust
PBT
$1.38B
| $3.52M | ﹤0.01% |
312,441
+175,786
| +129% | +$2.13M |
|
2133
Westlake Corp
WLK
$9.03B
| $3.51M | ﹤0.01% |
24,263
+2,313
| +11% | +$355K |
|
2134
Franklin US Core Dividend Tilt Index ETF
UDIV
$138M
| $3.51M | ﹤0.01% |
83,275
+3,095
| +4% | +$125K |
|
2135
Wingstop
WING
$3.53B
| $3.51M | ﹤0.01% |
8,295
+410
| +5% | +$158K |
|
2136
Universal Display
OLED
$3.68B
| $3.5M | ﹤0.01% |
16,637
+1,474
| +10% | +$259K |
|
2137
Arrow Electronics
ARW
$11.1B
| $3.5M | ﹤0.01% |
28,953
+3,421
| +13% | +$437K |
|
2138
BlackRock Science and Technology Term Trust
BSTZ
$1.95B
| $3.49M | ﹤0.01% |
175,304
-31,111
| -15% | -$583K |
|
2139
Principal Exchange-Traded Funds Principal Quality ETF
PSET
$28.2M
| $3.49M | ﹤0.01% |
51,057
+3,635
| +8% | +$241K |
|
2140
Teva Pharmaceuticals
TEVA
$40.8B
| $3.48M | ﹤0.01% |
214,286
-46,746
| -18% | -$720K |
|
2141
Yum China
YUMC
$16.5B
| $3.48M | ﹤0.01% |
112,828
-22,774
| -17% | -$834K |
|
2142
ScottsMiracle-Gro
SMG
$3.82B
| $3.48M | ﹤0.01% |
53,461
+3,323
| +7% | +$227K |
|
2143
Global Ship Lease
GSL
$1.6B
| $3.47M | ﹤0.01% |
120,583
-9,970
| -8% | -$253K |
|
2144
ICF International
ICFI
$1.46B
| $3.46M | ﹤0.01% |
23,339
+197
| +0.9% | +$28.5K |
|
2145
Nutanix
NTNX
$16B
| $3.46M | ﹤0.01% |
60,946
+42,438
| +229% | +$2.61M |
|
2146
JD.com
JD
$44.6B
| $3.46M | ﹤0.01% |
133,822
-40,842
| -23% | -$1.2M |
|
2147
Ally Financial
ALLY
$13.2B
| $3.45M | ﹤0.01% |
86,866
+9,785
| +13% | +$382K |
|
|
PKST
2148
DELISTED
Peakstone Realty Trust
PKST
| $3.45M | ﹤0.01% |
325,017
+33,798
| +12% | +$444K |
|
2149
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$849M
| $3.44M | ﹤0.01% |
142,614
+3,992
| +3% | +$96K |
|
|
ALTR
2150
DELISTED
Altair Engineering Inc
ALTR
| $3.44M | ﹤0.01% |
35,078
-509
| -1% | -$44.8K |
|
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.