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 | |
|---|---|---|---|---|---|---|
2301
QuantumScape Corp
QS
$3.21B
| $2.87M | ﹤0.01% |
582,547
-4,317
| -0.7% | -$24.1K |
|
2302
C.H. Robinson
CHRW
$17.4B
| $2.86M | ﹤0.01% |
32,467
-16,493
| -34% | -$1.32M |
|
2303
Home BancShares
HOMB
$6.23B
| $2.86M | ﹤0.01% |
119,286
+26,707
| +29% | +$634K |
|
2304
Webster Financial
WBS
$12.5B
| $2.85M | ﹤0.01% |
65,406
+3,308
| +5% | +$147K |
|
2305
Viper Energy
VNOM
$8.71B
| $2.85M | ﹤0.01% |
75,938
+39,300
| +107% | +$1.49M |
|
|
SMLR
2306
DELISTED
Semler Scientific
SMLR
| $2.85M | ﹤0.01% |
82,779
+75,793
| +1,085% | +$2.18M |
|
2307
First Trust Exchange-Traded Fund II First Trust S-Network Future Vehicles & Technology ETF
CARZ
$46M
| $2.85M | ﹤0.01% |
48,711
+7,277
| +18% | +$422K |
|
2308
Royal Gold
RGLD
$16.8B
| $2.84M | ﹤0.01% |
22,724
-270
| -1% | -$33.7K |
|
2309
Chewy
CHWY
$9.25B
| $2.83M | ﹤0.01% |
103,988
+1,757
| +2% | +$33.5K |
|
2310
Cenovus Energy
CVE
$55.7B
| $2.82M | ﹤0.01% |
143,571
+10,730
| +8% | +$217K |
|
2311
iShares Self-Driving EV and Tech ETF
IDRV
$125M
| $2.81M | ﹤0.01% |
98,658
-13,101
| -12% | -$396K |
|
2312
Avantis Real Estate ETF
AVRE
$872M
| $2.81M | ﹤0.01% |
68,211
+3,372
| +5% | +$138K |
|
2313
Natural Resource Partners
NRP
$1.3B
| $2.81M | ﹤0.01% |
31,335
-4,505
| -13% | -$406K |
|
2314
Nice
NICE
$5.79B
| $2.81M | ﹤0.01% |
16,325
-397
| -2% | -$81.7K |
|
2315
United States Copper Index Fund
CPER
$765M
| $2.81M | ﹤0.01% |
103,170
+15,552
| +18% | +$437K |
|
|
ARI
2316
Apollo Commercial Real Estate
ARI
$867M
| $2.81M | ﹤0.01% |
286,680
-1,986
| -0.7% | -$20.5K |
|
2317
Graphic Packaging
GPK
$3.17B
| $2.81M | ﹤0.01% |
107,054
+14,935
| +16% | +$413K |
|
|
HGLB
2318
Highland Global Allocation Fund
HGLB
$175M
| $2.81M | ﹤0.01% |
372,517
-5,323
| -1% | -$39K |
|
|
QVMM
2319
Invesco QQQ Trust Series 1
QVMM
$429M
| $2.8M | ﹤0.01% |
103,593
+79,390
| +328% | +$2.17M |
|
2320
Encompass Health
EHC
$11B
| $2.8M | ﹤0.01% |
32,630
+398
| +1% | +$33.4K |
|
2321
BioNTech
BNTX
$22.9B
| $2.8M | ﹤0.01% |
34,821
+2,486
| +8% | +$227K |
|
2322
Qorvo
QRVO
$7.99B
| $2.8M | ﹤0.01% |
24,107
-877
| -4% | -$93.4K |
|
2323
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $2.8M | ﹤0.01% |
126,768
+23,474
| +23% | +$515K |
|
2324
Landstar System
LSTR
$5.93B
| $2.79M | ﹤0.01% |
15,150
-285
| -2% | -$51.4K |
|
|
AMED
2325
DELISTED
Amedisys
AMED
| $2.79M | ﹤0.01% |
30,368
+18,817
| +163% | +$1.75M |
|
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.