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 MSCI EAFE Value ETF
EFV
|
+$337M |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$308M |
| 3 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$228M |
| 4 |
Microsoft
MSFT
|
+$197M |
| 5 |
Apple
AAPL
|
+$196M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$89.7M |
| 2 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$79.9M |
| 3 |
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
|
+$77.7M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$48.7M |
| 5 |
iShares Russell Mid-Cap ETF
IWR
|
+$43.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.9% |
| 2 | Financials | 3.36% |
| 3 | Healthcare | 2.79% |
| 4 | Consumer Discretionary | 2.72% |
| 5 | Industrials | 2.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
2476
The Gap Inc
GAP
$7.38B
| $2.61M | ﹤0.01% |
118,344
+21,112
| +22% | +$469K |
|
2477
LCI Industries
LCII
$2.52B
| $2.61M | ﹤0.01% |
21,630
+3,418
| +19% | +$386K |
|
2478
Takeda Pharmaceutical
TAK
$53.7B
| $2.6M | ﹤0.01% |
183,088
+11,538
| +7% | +$164K |
|
2479
Nuveen ESG Emerging Markets Equity ETF
NUEM
$372M
| $2.6M | ﹤0.01% |
83,783
+9,615
| +13% | +$279K |
|
2480
ALPS International Sector Dividend Dogs ETF
IDOG
$552M
| $2.59M | ﹤0.01% |
81,413
-1,199
| -1% | -$36.9K |
|
2481
PUT
Transocean
RIG
$5.7B
| $2.59M | ﹤0.01% |
609,100
+582,800
| +2,216% | +$2.87M |
|
2482
Innovator Growth-100 Power Buffer ETF October
NOCT
$227M
| $2.59M | ﹤0.01% |
51,849
+4,873
| +10% | +$240K |
|
2483
CALL
iShares Silver Trust
SLV
$28B
| $2.59M | ﹤0.01% |
91,000
| – | – |
|
|
NFJ
2484
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.42B
| $2.58M | ﹤0.01% |
198,191
+14,923
| +8% | +$188K |
|
2485
Comstock Resources
CRK
$3.94B
| $2.58M | ﹤0.01% |
232,027
+28,625
| +14% | +$294K |
|
2486
Icahn Enterprises
IEP
$5.22B
| $2.58M | ﹤0.01% |
190,977
+17,058
| +10% | +$258K |
|
2487
Amplify International Enhanced Dividend Income ETF
IDVO
$1.36B
| $2.58M | ﹤0.01% |
83,866
+6,702
| +9% | +$205K |
|
2488
iShares MSCI New Zealand ETF
ENZL
$82.5M
| $2.58M | ﹤0.01% |
+52,221
| New | +$2.49M |
|
2489
PUT
Bank of America
BAC
$437B
| $2.58M | ﹤0.01% |
64,900
+23,300
| +56% | +$934K |
|
2490
Neogen
NEOG
$2.59B
| $2.57M | ﹤0.01% |
153,131
+26,536
| +21% | +$437K |
|
2491
Paylocity
PCTY
$7.48B
| $2.57M | ﹤0.01% |
15,592
+2,433
| +18% | +$370K |
|
2492
Corpay
CPAY
$25.2B
| $2.57M | ﹤0.01% |
8,203
-1,120
| -12% | -$329K |
|
2493
Avantis Moderate Allocation ETF
AVMA
$80.4M
| $2.57M | ﹤0.01% |
+42,902
| New | +$2.48M |
|
2494
Natural Resource Partners
NRP
$1.28B
| $2.56M | ﹤0.01% |
26,209
-5,126
| -16% | -$468K |
|
2495
Putnam Focused Large Cap Value ETF
PVAL
$13.6B
| $2.56M | ﹤0.01% |
67,542
+15,314
| +29% | +$564K |
|
2496
Invesco S&P SmallCap Health Care ETF
PSCH
$164M
| $2.56M | ﹤0.01% |
55,507
-52,700
| -49% | -$2.39M |
|
2497
Aptus Enhanced Yield ETF
JUCY
$317M
| $2.56M | ﹤0.01% |
110,213
+2,708
| +3% | +$63.1K |
|
2498
H.B. Fuller
FUL
$3.07B
| $2.56M | ﹤0.01% |
32,213
+4,446
| +16% | +$361K |
|
2499
First Trust Dow Jones International Internet ETF
FDNI
$31M
| $2.55M | ﹤0.01% |
89,053
+2,923
| +3% | +$70.8K |
|
2500
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$513M
| $2.55M | ﹤0.01% |
32,287
-327
| -1% | -$24.3K |
|
Similar funds
LPL Financial's Q3 2024 Portfolio in Review
As of Q3 2024, LPL Financial held 5,335 positions worth $224B, up 12% from $201B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
LPL Financial deployed $12.1B of net new capital in Q3 2024, opening 324 new positions and adding to 3,037 existing holdings. Its largest new stake was AB International Low Volatility Equity ETF: 419,588 shares worth $15.4M.
By sector, the portfolio is most concentrated in Technology at 7.9% of assets, down from 8.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $89.7M trimmed.
- LPL Financial's largest Q3 2024 buy was AB International Low Volatility Equity ETF: 419,588 shares worth $15.4M.
- LPL Financial added most to iShares MSCI EAFE Value ETF in Q3 2024, an estimated $337M increase.
- LPL Financial's biggest Q3 2024 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $89.7M.
- LPL Financial fully exited Encore Wire Corp in Q3 2024, selling an estimated $15.2M.
- LPL Financial's ten largest holdings make up 16% of its $224B portfolio in Q3 2024.
- LPL Financial opened 324 new positions and closed 179 in Q3 2024.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $224B.
Based on LPL Financial's 13F filing for Q3 2024, filed 8 Nov 2024.