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 | |
|---|---|---|---|---|---|---|
2426
ALPS International Sector Dividend Dogs ETF
IDOG
$551M
| $2.45M | ﹤0.01% |
82,612
+8,310
| +11% | +$252K |
|
2427
FT Vest US Equity Buffer ETF March
FMAR
$1.13B
| $2.45M | ﹤0.01% |
60,395
+8,345
| +16% | +$329K |
|
2428
Ionis Pharmaceuticals
IONS
$8.6B
| $2.45M | ﹤0.01% |
51,414
-28,308
| -36% | -$1.16M |
|
2429
Leggett & Platt
LEG
$1.34B
| $2.45M | ﹤0.01% |
213,737
-69,598
| -25% | -$983K |
|
2430
Peabody Energy
BTU
$2.6B
| $2.43M | ﹤0.01% |
109,984
+13,318
| +14% | +$307K |
|
2431
Northern Trust
NTRS
$33.3B
| $2.43M | ﹤0.01% |
28,939
-5,798
| -17% | -$487K |
|
|
FOVL
2432
DELISTED
iShares Focused Value Factor ETF
FOVL
| $2.43M | ﹤0.01% |
40,274
+3,297
| +9% | +$199K |
|
2433
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $2.42M | ﹤0.01% |
105,559
+6,431
| +6% | +$147K |
|
2434
Scotiabank
BNS
$107B
| $2.42M | ﹤0.01% |
52,897
-1,069
| -2% | -$50.7K |
|
2435
CALL
iShares Silver Trust
SLV
$28B
| $2.42M | ﹤0.01% |
91,000
+90,400
| +15,067% | +$2.38M |
|
|
OEFA
2436
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$36.5M
| $2.42M | ﹤0.01% |
79,837
+1,668
| +2% | +$50K |
|
2437
HCM Defender 100 Index ETF
QQH
$716M
| $2.42M | ﹤0.01% |
39,269
-1,852
| -5% | -$104K |
|
|
SGI
2438
Somnigroup International
SGI
$13.7B
| $2.41M | ﹤0.01% |
50,927
+7,403
| +17% | +$375K |
|
2439
Orion
OEC
$381M
| $2.41M | ﹤0.01% |
109,732
+15,009
| +16% | +$361K |
|
2440
iShares North American Natural Resources ETF
IGE
$741M
| $2.41M | ﹤0.01% |
54,707
-15,992
| -23% | -$718K |
|
2441
Skywest
SKYW
$4.24B
| $2.4M | ﹤0.01% |
29,272
+17,396
| +146% | +$1.3M |
|
2442
Diodes
DIOD
$3.78B
| $2.4M | ﹤0.01% |
33,389
+948
| +3% | +$68K |
|
2443
Banco Santander
SAN
$201B
| $2.4M | ﹤0.01% |
518,563
+88,942
| +21% | +$438K |
|
|
MYD
2444
DELISTED
BlackRock MuniYield Fund
MYD
| $2.4M | ﹤0.01% |
220,923
+36,188
| +20% | +$388K |
|
2445
Recursion Pharmaceuticals
RXRX
$1.59B
| $2.4M | ﹤0.01% |
319,469
+111,647
| +54% | +$974K |
|
2446
Oaktree Specialty Lending
OCSL
$1.02B
| $2.4M | ﹤0.01% |
127,370
-6,236
| -5% | -$121K |
|
2447
Harbor Ares Systematic High Yield ETF
SIHY
$149M
| $2.38M | ﹤0.01% |
52,779
+4,834
| +10% | +$217K |
|
2448
First Horizon
FHN
$12.2B
| $2.38M | ﹤0.01% |
150,811
+26,855
| +22% | +$407K |
|
2449
Olin
OLN
$2.11B
| $2.38M | ﹤0.01% |
50,435
-3,019
| -6% | -$162K |
|
2450
Compass Diversified
CODI
$758M
| $2.37M | ﹤0.01% |
108,356
-6,646
| -6% | -$150K |
|
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.