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 | |
|---|---|---|---|---|---|---|
|
EMBJ
2526
Embraer S.A. ADS
EMBJ
$12.6B
| $2.47M | ﹤0.01% |
69,886
+19,354
| +38% | +$614K |
|
2527
Advance Auto Parts
AAP
$3.36B
| $2.47M | ﹤0.01% |
63,361
+7,420
| +13% | +$393K |
|
2528
Sun Life Financial
SLF
$45.7B
| $2.47M | ﹤0.01% |
42,506
+3,030
| +8% | +$158K |
|
2529
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.4M
| $2.46M | ﹤0.01% |
52,422
+10,622
| +25% | +$489K |
|
2530
Cirrus Logic
CRUS
$6.42B
| $2.46M | ﹤0.01% |
19,793
+121
| +0.6% | +$16K |
|
2531
Clearway Energy Class C
CWEN
$4.99B
| $2.46M | ﹤0.01% |
80,123
-331
| -0.4% | -$9.14K |
|
2532
Ashland
ASH
$3.29B
| $2.46M | ﹤0.01% |
28,258
+2,043
| +8% | +$183K |
|
|
OEFA
2533
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$36.7M
| $2.46M | ﹤0.01% |
77,033
-2,804
| -4% | -$86.5K |
|
2534
iShares Global Financials ETF
IXG
$683M
| $2.46M | ﹤0.01% |
25,957
-3,805
| -13% | -$342K |
|
|
WDI
2535
Western Asset Diversified Income Fund
WDI
$677M
| $2.45M | ﹤0.01% |
156,516
+2,698
| +2% | +$41K |
|
2536
KB Home
KBH
$3.45B
| $2.45M | ﹤0.01% |
28,623
-10,842
| -27% | -$872K |
|
2537
FT Vest US Equity Deep Buffer ETF December
DDEC
$433M
| $2.45M | ﹤0.01% |
62,021
-2,947
| -5% | -$115K |
|
2538
Nuveen ESG High Yield Corporate Bond ETF
NUHY
$111M
| $2.45M | ﹤0.01% |
112,800
+2,703
| +2% | +$57.7K |
|
2539
First Horizon
FHN
$12.2B
| $2.45M | ﹤0.01% |
157,570
+6,759
| +4% | +$107K |
|
2540
Jazz Pharmaceuticals
JAZZ
$15.8B
| $2.45M | ﹤0.01% |
21,952
+8,809
| +67% | +$965K |
|
2541
PUT
SLB Ltd
SLB
$73.2B
| $2.44M | ﹤0.01% |
58,200
-41,800
| -42% | -$1.86M |
|
2542
HCM Defender 500 Index ETF
LGH
$586M
| $2.44M | ﹤0.01% |
48,012
+22,830
| +91% | +$1.12M |
|
2543
Innovator US Small Cap Power Buffer ETF January
KJAN
$325M
| $2.43M | ﹤0.01% |
65,632
+14,342
| +28% | +$518K |
|
2544
Advanced Energy
AEIS
$11.9B
| $2.43M | ﹤0.01% |
23,076
-2,285
| -9% | -$240K |
|
2545
Compass Diversified
CODI
$795M
| $2.42M | ﹤0.01% |
109,501
+1,145
| +1% | +$25K |
|
|
XFLT
2546
XAI Floating Rate & Alternative Income Trust
XFLT
$285M
| $2.42M | ﹤0.01% |
71,047
+3,960
| +6% | +$138K |
|
2547
Equinox Gold
EQX
$7.24B
| $2.42M | ﹤0.01% |
397,770
+35,800
| +10% | +$202K |
|
2548
Invesco New York AMT-Free Municipal Bond ETF
PZT
$138M
| $2.42M | ﹤0.01% |
103,731
-1,828
| -2% | -$42.5K |
|
2549
Cambria Value and Momentum ETF
VAMO
$109M
| $2.42M | ﹤0.01% |
81,430
-3,724
| -4% | -$107K |
|
2550
Upstart Holdings
UPST
$2.82B
| $2.42M | ﹤0.01% |
60,395
-4,158
| -6% | -$138K |
|
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.