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 | |
|---|---|---|---|---|---|---|
2151
Franco-Nevada
FNV
$41.1B
| $3.44M | ﹤0.01% |
29,004
-1,099
| -4% | -$134K |
|
2152
ESAB
ESAB
$5.38B
| $3.43M | ﹤0.01% |
36,347
+496
| +1% | +$51.5K |
|
2153
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$274M
| $3.43M | ﹤0.01% |
185,233
-59,442
| -24% | -$1.1M |
|
|
STK
2154
Columbia Seligman Premium Technology Growth Fund
STK
$867M
| $3.43M | ﹤0.01% |
102,956
+22,283
| +28% | +$709K |
|
2155
Alpha Architect US Quantitative Momentum ETF
QMOM
$422M
| $3.42M | ﹤0.01% |
58,693
+10,560
| +22% | +$613K |
|
2156
Fidelity Small-Mid Multifactor ETF
FSMD
$2.51B
| $3.42M | ﹤0.01% |
90,717
+23,965
| +36% | +$903K |
|
2157
Cheniere Energy
CQP
$31.9B
| $3.41M | ﹤0.01% |
69,354
+2,989
| +5% | +$145K |
|
|
CALY
2158
Callaway Golf Company
CALY
$3.32B
| $3.4M | ﹤0.01% |
222,504
+11,873
| +6% | +$185K |
|
2159
Samsara
IOT
$21.7B
| $3.4M | ﹤0.01% |
100,999
+3,492
| +4% | +$120K |
|
2160
TD Synnex
SNX
$20.4B
| $3.4M | ﹤0.01% |
29,469
+19,547
| +197% | +$2.39M |
|
2161
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.49B
| $3.39M | ﹤0.01% |
98,100
+13,041
| +15% | +$433K |
|
2162
Clean Harbors
CLH
$16.5B
| $3.39M | ﹤0.01% |
14,969
+3,119
| +26% | +$654K |
|
|
WEA
2163
Western Asset Premier Bond Fund
WEA
$124M
| $3.38M | ﹤0.01% |
322,240
+171,860
| +114% | +$1.83M |
|
2164
FT Vest US Equity Buffer ETF August
FAUG
$1.19B
| $3.38M | ﹤0.01% |
76,661
-1,066
| -1% | -$46K |
|
|
WCC
2165
WESCO International
WCC
$16.7B
| $3.38M | ﹤0.01% |
21,305
+1,305
| +7% | +$222K |
|
2166
Gen Digital
GEN
$16.4B
| $3.37M | ﹤0.01% |
135,077
-2,558
| -2% | -$58.5K |
|
2167
Bright Horizons
BFAM
$3.92B
| $3.37M | ﹤0.01% |
30,621
+3,927
| +15% | +$424K |
|
|
RFI
2168
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $3.37M | ﹤0.01% |
291,225
+9,580
| +3% | +$109K |
|
2169
American Century Multisector Income ETF
MUSI
$244M
| $3.36M | ﹤0.01% |
77,970
-13,416
| -15% | -$575K |
|
|
EXAS
2170
DELISTED
Exact Sciences
EXAS
| $3.35M | ﹤0.01% |
79,191
-844
| -1% | -$46.4K |
|
2171
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$155M
| $3.34M | ﹤0.01% |
73,596
+3,314
| +5% | +$147K |
|
2172
HF Sinclair
DINO
$16.3B
| $3.34M | ﹤0.01% |
62,525
+1,662
| +3% | +$93.5K |
|
|
CMA
2173
DELISTED
Comerica
CMA
| $3.33M | ﹤0.01% |
65,300
-44,336
| -40% | -$2.26M |
|
|
JHG
2174
DELISTED
Janus Henderson
JHG
| $3.33M | ﹤0.01% |
98,772
-19,034
| -16% | -$624K |
|
2175
Invesco Municipal Opportunity Trust
VMO
$651M
| $3.32M | ﹤0.01% |
329,816
-12,683
| -4% | -$122K |
|
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.