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 | |
|---|---|---|---|---|---|---|
2226
Calumet Specialty Products
CLMT
$3.85B
| $3.1M | ﹤0.01% |
193,115
+23,582
| +14% | +$372K |
|
2227
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$93.2M
| $3.1M | ﹤0.01% |
67,320
-14,388
| -18% | -$646K |
|
|
ANSS
2228
DELISTED
Ansys
ANSS
| $3.1M | ﹤0.01% |
9,629
-3,802
| -28% | -$1.25M |
|
2229
SoundHound AI
SOUN
$2.67B
| $3.09M | ﹤0.01% |
783,435
+258,534
| +49% | +$1.2M |
|
2230
NVR
NVR
$16.5B
| $3.09M | ﹤0.01% |
407
+1
| +0.2% | +$7.65K |
|
2231
CACI
CACI
$11B
| $3.08M | ﹤0.01% |
7,162
+451
| +7% | +$184K |
|
2232
Live Nation Entertainment
LYV
$40.6B
| $3.08M | ﹤0.01% |
32,859
-3,054
| -9% | -$289K |
|
|
ETW
2233
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $3.07M | ﹤0.01% |
371,712
+67,394
| +22% | +$546K |
|
2234
Burlington
BURL
$23.2B
| $3.07M | ﹤0.01% |
12,785
+400
| +3% | +$82.3K |
|
2235
Algonquin Power & Utilities
AQN
$4.49B
| $3.07M | ﹤0.01% |
523,376
+337,361
| +181% | +$2.09M |
|
2236
Post Holdings
POST
$4.14B
| $3.06M | ﹤0.01% |
29,393
+10,291
| +54% | +$1.07M |
|
2237
iShares Agency Bond ETF
AGZ
$558M
| $3.06M | ﹤0.01% |
28,427
+1,360
| +5% | +$146K |
|
2238
Invesco BulletShares 2031 Municipal Bond ETF
BSMV
$186M
| $3.06M | ﹤0.01% |
145,785
+15,180
| +12% | +$319K |
|
|
MILN
2239
Global X Millennial Consumer ETF
MILN
$99.9M
| $3.05M | ﹤0.01% |
79,362
+4,547
| +6% | +$173K |
|
2240
Fidelity Quality Factor ETF
FQAL
$1.41B
| $3.05M | ﹤0.01% |
49,758
+1,309
| +3% | +$76.9K |
|
2241
New Jersey Resources
NJR
$5.84B
| $3.05M | ﹤0.01% |
71,377
-13,201
| -16% | -$569K |
|
2242
Viking Therapeutics
VKTX
$3.7B
| $3.05M | ﹤0.01% |
57,503
+4,516
| +9% | +$296K |
|
2243
US Commodity Index
USCI
$369M
| $3.05M | ﹤0.01% |
48,977
+3,698
| +8% | +$230K |
|
2244
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.9M
| $3.04M | ﹤0.01% |
118,481
+92,778
| +361% | +$2.43M |
|
2245
Innovator US Equity Power Buffer ETF June
PJUN
$958M
| $3.04M | ﹤0.01% |
85,455
+12,650
| +17% | +$441K |
|
2246
John Hancock Multifactor Emerging Markets ETF
JHEM
$987M
| $3.04M | ﹤0.01% |
113,830
+1,129
| +1% | +$29.9K |
|
2247
iShares MSCI Japan Value ETF
EWJV
$709M
| $3.04M | ﹤0.01% |
95,496
-13,819
| -13% | -$444K |
|
2248
Merit Medical Systems
MMSI
$5.08B
| $3.04M | ﹤0.01% |
35,346
-24
| -0.1% | -$1.89K |
|
2249
HealthEquity
HQY
$8.41B
| $3.04M | ﹤0.01% |
35,237
-1,126
| -3% | -$91K |
|
2250
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.49B
| $3.04M | ﹤0.01% |
149,692
+5,011
| +3% | +$101K |
|
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.