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 | |
|---|---|---|---|---|---|---|
2626
Global X Variable Rate Preferred ETF
PFFV
$304M
| $2.21M | ﹤0.01% |
92,066
+2,871
| +3% | +$68.3K |
|
2627
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$458M
| $2.21M | ﹤0.01% |
93,031
+20,305
| +28% | +$476K |
|
2628
First Industrial Realty Trust
FR
$8.56B
| $2.21M | ﹤0.01% |
39,551
-8,886
| -18% | -$479K |
|
2629
Rexford Industrial Realty
REXR
$8.28B
| $2.21M | ﹤0.01% |
43,861
+10,194
| +30% | +$506K |
|
2630
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $2.2M | ﹤0.01% |
33,940
+186
| +0.6% | +$11.8K |
|
2631
Exelixis
EXEL
$14.2B
| $2.2M | ﹤0.01% |
84,842
+21,724
| +34% | +$540K |
|
2632
Iovance Biotherapeutics
IOVA
$1.97B
| $2.2M | ﹤0.01% |
234,455
-9,384
| -4% | -$88.9K |
|
|
INFA
2633
DELISTED
Informatica
INFA
| $2.2M | ﹤0.01% |
87,034
+29,200
| +50% | +$740K |
|
2634
FT Vest US Equity Deep Buffer ETF September
DSEP
$354M
| $2.2M | ﹤0.01% |
54,916
+1,240
| +2% | +$48.9K |
|
2635
Zeta Global
ZETA
$5.98B
| $2.2M | ﹤0.01% |
73,701
+18,590
| +34% | +$437K |
|
|
LADR
2636
Ladder Capital
LADR
$1.22B
| $2.2M | ﹤0.01% |
189,496
+7,516
| +4% | +$89.1K |
|
2637
Leggett & Platt
LEG
$1.43B
| $2.19M | ﹤0.01% |
161,140
-52,597
| -25% | -$657K |
|
2638
Gentherm
THRM
$1.3B
| $2.19M | ﹤0.01% |
47,119
+5,460
| +13% | +$271K |
|
2639
Agree Realty
ADC
$9.47B
| $2.19M | ﹤0.01% |
29,090
+4,350
| +18% | +$308K |
|
2640
Cardlytics
CDLX
$23.9M
| $2.19M | ﹤0.01% |
68,479
+9,362
| +16% | +$520K |
|
2641
Henry Schein
HSIC
$10.2B
| $2.19M | ﹤0.01% |
30,026
+1,408
| +5% | +$97.6K |
|
2642
Brookfield Asset Management
BAM
$82.7B
| $2.19M | ﹤0.01% |
46,247
+8,435
| +22% | +$353K |
|
2643
Avnet
AVT
$7.67B
| $2.19M | ﹤0.01% |
40,268
-22,904
| -36% | -$1.21M |
|
2644
Leonardo DRS
DRS
$12.1B
| $2.19M | ﹤0.01% |
+77,467
| New | +$2.13M |
|
2645
Franklin Investment Grade Corporate ETF
FLCO
$556M
| $2.19M | ﹤0.01% |
98,941
-75,638
| -43% | -$1.64M |
|
2646
Invesco DB Precious Metals Fund
DBP
$241M
| $2.18M | ﹤0.01% |
34,160
-182
| -0.5% | -$11K |
|
|
SPNS
2647
DELISTED
Sapiens International
SPNS
| $2.17M | ﹤0.01% |
58,338
+8,746
| +18% | +$319K |
|
2648
Teradata
TDC
$3.23B
| $2.17M | ﹤0.01% |
71,619
-240
| -0.3% | -$7.16K |
|
2649
Nuveen California Municipal Value Fund
NCA
$298M
| $2.17M | ﹤0.01% |
238,190
+17,586
| +8% | +$157K |
|
2650
BorgWarner
BWA
$12.9B
| $2.17M | ﹤0.01% |
59,791
+10,803
| +22% | +$356K |
|
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.