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 | |
|---|---|---|---|---|---|---|
2326
Moelis & Co
MC
$4.97B
| $2.78M | ﹤0.01% |
48,896
+4,934
| +11% | +$267K |
|
2327
TKO Group
TKO
$13.6B
| $2.77M | ﹤0.01% |
25,690
+3,446
| +15% | +$350K |
|
2328
Invesco Investment Grade Defensive ETF
IIGD
$26.7M
| $2.77M | ﹤0.01% |
115,655
+5,203
| +5% | +$124K |
|
2329
Mettler-Toledo International
MTD
$28.6B
| $2.77M | ﹤0.01% |
1,984
-1,002
| -34% | -$1.37M |
|
2330
iShares ESG Screened S&P Mid-Cap ETF
XJH
$419M
| $2.77M | ﹤0.01% |
70,077
+43,627
| +165% | +$1.73M |
|
2331
KB Home
KBH
$3.37B
| $2.77M | ﹤0.01% |
39,465
+7,998
| +25% | +$545K |
|
2332
Nuveen Multi-Asset Income Fund
NMAI
$468M
| $2.77M | ﹤0.01% |
223,992
-22,920
| -9% | -$278K |
|
2333
Advanced Energy
AEIS
$11.6B
| $2.76M | ﹤0.01% |
25,361
-4
| -0% | -$410 |
|
2334
Hartford Multifactor Small Cap ETF
ROSC
$61.5M
| $2.76M | ﹤0.01% |
69,277
+14,562
| +27% | +$585K |
|
2335
PTC
PTC
$15.8B
| $2.75M | ﹤0.01% |
15,133
-116
| -0.8% | -$20.8K |
|
|
RMT
2336
Royce Micro-Cap Trust
RMT
$728M
| $2.74M | ﹤0.01% |
298,224
+10,115
| +4% | +$93.7K |
|
2337
Wendy's
WEN
$1.4B
| $2.73M | ﹤0.01% |
161,239
+2,076
| +1% | +$37.7K |
|
2338
Artisan Partners
APAM
$2.79B
| $2.73M | ﹤0.01% |
66,239
+12,433
| +23% | +$537K |
|
|
PMT
2339
PennyMac Mortgage Investment
PMT
$822M
| $2.73M | ﹤0.01% |
198,466
+15,419
| +8% | +$216K |
|
|
HPI
2340
John Hancock Preferred Income Fund
HPI
$430M
| $2.71M | ﹤0.01% |
162,209
-789
| -0.5% | -$13K |
|
2341
Alamos Gold
AGI
$11.6B
| $2.71M | ﹤0.01% |
172,815
-6,730
| -4% | -$105K |
|
|
SUM
2342
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $2.71M | ﹤0.01% |
74,007
+15,309
| +26% | +$601K |
|
2343
Novanta
NOVT
$5.08B
| $2.7M | ﹤0.01% |
16,581
-97
| -0.6% | -$15.7K |
|
2344
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $2.7M | ﹤0.01% |
6,900
+6,825
| +9,100% | +$2.65M |
|
2345
Core Scientific
CORZ
$6.66B
| $2.69M | ﹤0.01% |
+289,415
| New | +$1.48M |
|
2346
PUT
Amazon
AMZN
$2.92T
| $2.69M | ﹤0.01% |
13,900
+13,877
| +60,335% | +$2.55M |
|
2347
Invesco S&P SmallCap Industrials ETF
PSCI
$184M
| $2.68M | ﹤0.01% |
22,347
-9,979
| -31% | -$1.22M |
|
|
ETO
2348
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$507M
| $2.68M | ﹤0.01% |
105,191
+2,528
| +2% | +$62.9K |
|
2349
Pinduoduo
PDD
$126B
| $2.68M | ﹤0.01% |
20,174
+6,204
| +44% | +$840K |
|
|
DPG
2350
Duff & Phelps Utility and Infrastructure Fund
DPG
$521M
| $2.68M | ﹤0.01% |
272,738
+25,054
| +10% | +$241K |
|
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.