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 | |
|---|---|---|---|---|---|---|
2276
Glacier Bancorp
GBCI
$6.42B
| $2.94M | ﹤0.01% |
78,826
+11,169
| +17% | +$415K |
|
2277
First Trust STOXX European Select Dividend Income Fund
FDD
$891M
| $2.94M | ﹤0.01% |
250,896
-41,197
| -14% | -$502K |
|
2278
PureCycle Technologies
PCT
$1.28B
| $2.94M | ﹤0.01% |
496,052
+178,192
| +56% | +$968K |
|
2279
Kinross Gold
KGC
$27.4B
| $2.94M | ﹤0.01% |
352,918
-90,210
| -20% | -$653K |
|
2280
FT Vest US Equity Enhance & Moderate Buffer ETF October
XOCT
$72.6M
| $2.93M | ﹤0.01% |
87,877
+79,370
| +933% | +$2.62M |
|
2281
Assured Guaranty
AGO
$3.66B
| $2.92M | ﹤0.01% |
37,911
-1,629
| -4% | -$127K |
|
2282
iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW
$1.84B
| $2.92M | ﹤0.01% |
113,739
-33,161
| -23% | -$846K |
|
2283
FlexShares US Quality Large Cap Index Fund
QLC
$1B
| $2.92M | ﹤0.01% |
47,420
+90
| +0.2% | +$5.3K |
|
2284
iShares CMBS ETF
CMBS
$474M
| $2.91M | ﹤0.01% |
62,065
+10,788
| +21% | +$502K |
|
2285
SBA Communications
SBAC
$19.2B
| $2.91M | ﹤0.01% |
14,844
-4,091
| -22% | -$809K |
|
2286
PUT
Devon Energy
DVN
$52.1B
| $2.91M | ﹤0.01% |
61,400
+60,542
| +7,056% | +$3.01M |
|
2287
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $2.9M | ﹤0.01% |
68,175
+26,858
| +65% | +$1.13M |
|
2288
Ralph Lauren
RL
$22.6B
| $2.9M | ﹤0.01% |
16,579
+2,438
| +17% | +$421K |
|
2289
Nuveen Taxable Municipal Income Fund
NBB
$447M
| $2.9M | ﹤0.01% |
186,784
+75,099
| +67% | +$1.13M |
|
2290
Sonoco
SON
$5.57B
| $2.89M | ﹤0.01% |
57,046
+13,805
| +32% | +$797K |
|
2291
Allison Transmission
ALSN
$9.5B
| $2.88M | ﹤0.01% |
37,969
+4,172
| +12% | +$320K |
|
2292
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $2.88M | ﹤0.01% |
123,118
+13,438
| +12% | +$313K |
|
2293
Tortoise North American Pipeline ETF
TPYP
$875M
| $2.88M | ﹤0.01% |
99,897
-1,090
| -1% | -$30.6K |
|
2294
Range Resources
RRC
$9.38B
| $2.88M | ﹤0.01% |
85,830
-37,373
| -30% | -$1.34M |
|
|
OXLC
2295
Oxford Lane Capital
OXLC
$894M
| $2.88M | ﹤0.01% |
106,130
+32,703
| +45% | +$861K |
|
2296
Barings BDC
BBDC
$864M
| $2.88M | ﹤0.01% |
295,492
+11,286
| +4% | +$108K |
|
2297
F5
FFIV
$22.9B
| $2.87M | ﹤0.01% |
16,685
+416
| +3% | +$72.7K |
|
2298
Revvity
RVTY
$12.6B
| $2.87M | ﹤0.01% |
27,383
+4,062
| +17% | +$431K |
|
2299
GraniteShares HIPS US High Income ETF
HIPS
$109M
| $2.87M | ﹤0.01% |
223,818
+29,716
| +15% | +$378K |
|
2300
Icahn Enterprises
IEP
$5.24B
| $2.87M | ﹤0.01% |
173,919
+14,047
| +9% | +$238K |
|
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.