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 | |
|---|---|---|---|---|---|---|
2501
Twist Bioscience
TWST
$6.29B
| $2.55M | ﹤0.01% |
56,344
+21,480
| +62% | +$1.02M |
|
2502
CareTrust REIT
CTRE
$9.74B
| $2.54M | ﹤0.01% |
82,414
+15,257
| +23% | +$432K |
|
2503
Webster Financial
WBS
$12.6B
| $2.54M | ﹤0.01% |
54,528
-10,878
| -17% | -$499K |
|
|
ARI
2504
Apollo Commercial Real Estate
ARI
$892M
| $2.54M | ﹤0.01% |
276,424
-10,256
| -4% | -$105K |
|
2505
Cohen & Steers Duration Preferred & Income Fund
LDP
$598M
| $2.54M | ﹤0.01% |
116,661
+1,581
| +1% | +$32K |
|
|
MFA
2506
MFA Financial
MFA
$931M
| $2.53M | ﹤0.01% |
199,237
+2,214
| +1% | +$26.1K |
|
2507
Collegium Pharmaceutical
COLL
$1.15B
| $2.53M | ﹤0.01% |
65,539
-1,170
| -2% | -$41.7K |
|
|
PMBS
2508
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund
PMBS
$1.38B
| $2.53M | ﹤0.01% |
+50,604
| New | +$2.53M |
|
2509
Invesco DB US Dollar Index Bullish Fund
UUP
$424M
| $2.52M | ﹤0.01% |
89,589
-56,299
| -39% | -$1.6M |
|
2510
FT Vest US Small Cap Moderate Buffer ETF May
SMAY
$112M
| $2.52M | ﹤0.01% |
102,669
+57,761
| +129% | +$1.39M |
|
2511
Nice
NICE
$5.9B
| $2.52M | ﹤0.01% |
14,520
-1,805
| -11% | -$310K |
|
2512
Ternium
TX
$9.76B
| $2.52M | ﹤0.01% |
68,254
+2,280
| +3% | +$79.6K |
|
2513
MKS Inc
MKSI
$20.9B
| $2.52M | ﹤0.01% |
23,153
-703
| -3% | -$83.5K |
|
2514
Global X DAX Germany ETF
DAX
$233M
| $2.5M | ﹤0.01% |
71,240
+21,797
| +44% | +$718K |
|
2515
Golar LNG
GLNG
$5B
| $2.5M | ﹤0.01% |
68,042
+11,087
| +19% | +$371K |
|
2516
iShares Self-Driving EV and Tech ETF
IDRV
$133M
| $2.5M | ﹤0.01% |
78,730
-19,928
| -20% | -$580K |
|
2517
United States Copper Index Fund
CPER
$767M
| $2.5M | ﹤0.01% |
88,141
-15,029
| -15% | -$399K |
|
2518
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$234M
| $2.5M | ﹤0.01% |
121,009
-17,099
| -12% | -$352K |
|
|
EOI
2519
Eaton Vance Enhanced Equity Income Fund
EOI
$818M
| $2.49M | ﹤0.01% |
123,241
+1,620
| +1% | +$31.3K |
|
2520
ProShares S&P 500 ex-Financials ETF
SPXN
$77.8M
| $2.49M | ﹤0.01% |
40,219
+1,731
| +4% | +$103K |
|
2521
MasTec
MTZ
$21B
| $2.49M | ﹤0.01% |
20,210
-1,056
| -5% | -$115K |
|
2522
Sprott Gold Miners ETF
SGDM
$558M
| $2.48M | ﹤0.01% |
80,184
+6,727
| +9% | +$200K |
|
2523
Kimco Realty
KIM
$17.1B
| $2.48M | ﹤0.01% |
106,951
+12,684
| +13% | +$280K |
|
|
FTHY
2524
First Trust High Yield Opportunities 2027 Term Fund
FTHY
$498M
| $2.48M | ﹤0.01% |
163,950
+1,081
| +0.7% | +$15.9K |
|
2525
VanEck Indonesia Index ETF
IDX
$35.6M
| $2.47M | ﹤0.01% |
+136,438
| New | +$2.35M |
|
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.