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 | |
|---|---|---|---|---|---|---|
2651
ARK Space & Defense Innovation ETF
ARKX
$856M
| $2.16M | ﹤0.01% |
133,405
+31,353
| +31% | +$474K |
|
|
WCC
2652
WESCO International
WCC
$18.1B
| $2.16M | ﹤0.01% |
12,865
-8,440
| -40% | -$1.37M |
|
2653
Insmed
INSM
$21.5B
| $2.16M | ﹤0.01% |
29,585
+1,656
| +6% | +$122K |
|
2654
iShares MSCI South Africa ETF
EZA
$562M
| $2.16M | ﹤0.01% |
+42,802
| New | +$1.96M |
|
2655
Smith & Nephew
SNN
$12.8B
| $2.16M | ﹤0.01% |
69,261
-10,002
| -13% | -$297K |
|
2656
Invesco DB Energy Fund
DBE
$83.3M
| $2.15M | ﹤0.01% |
115,877
+6,896
| +6% | +$135K |
|
2657
Saratoga Investment
SAR
$321M
| $2.15M | ﹤0.01% |
92,767
+3,663
| +4% | +$84.5K |
|
2658
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$221M
| $2.15M | ﹤0.01% |
88,540
+2,329
| +3% | +$56K |
|
2659
Idacorp
IDA
$8.4B
| $2.15M | ﹤0.01% |
20,836
+1,179
| +6% | +$118K |
|
2660
Xtrackers Short Duration High Yield Bond ETF
SHYL
$269M
| $2.15M | ﹤0.01% |
47,052
+9,016
| +24% | +$403K |
|
2661
EastGroup Properties
EGP
$11.1B
| $2.15M | ﹤0.01% |
11,484
+230
| +2% | +$42.4K |
|
2662
Sabra Healthcare REIT
SBRA
$5.1B
| $2.14M | ﹤0.01% |
115,163
-12,168
| -10% | -$205K |
|
2663
Inspire Medical Systems
INSP
$1.82B
| $2.14M | ﹤0.01% |
10,149
+531
| +6% | +$92.2K |
|
2664
White Mountains Insurance
WTM
$5.21B
| $2.14M | ﹤0.01% |
1,262
+172
| +16% | +$300K |
|
|
WCBR
2665
WisdomTree Cybersecurity Fund
WCBR
$115M
| $2.14M | ﹤0.01% |
84,124
-1,507
| -2% | -$37.6K |
|
2666
MGE Energy Inc
MGEE
$3.02B
| $2.14M | ﹤0.01% |
23,394
+3,600
| +18% | +$308K |
|
2667
Rentokil
RTO
$12.6B
| $2.14M | ﹤0.01% |
85,724
-3,242
| -4% | -$96K |
|
2668
First Trust DorseyWright DALI 1 ETF
DALI
$97.7M
| $2.14M | ﹤0.01% |
84,717
+10,774
| +15% | +$260K |
|
2669
Jones Lang LaSalle
JLL
$16.8B
| $2.14M | ﹤0.01% |
7,914
+3,781
| +91% | +$917K |
|
2670
American States Water
AWR
$3.33B
| $2.13M | ﹤0.01% |
25,582
-160
| -0.6% | -$12.9K |
|
|
BKN
2671
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $2.13M | ﹤0.01% |
164,889
+1,606
| +1% | +$19.8K |
|
2672
Merchants Bancorp
MBIN
$2.55B
| $2.13M | ﹤0.01% |
47,376
+9
| +0% | +$399 |
|
2673
Northern Oil and Gas
NOG
$2.22B
| $2.13M | ﹤0.01% |
60,138
+4,877
| +9% | +$186K |
|
2674
Strive US Energy ETF
DRLL
$289M
| $2.13M | ﹤0.01% |
75,753
-33,929
| -31% | -$982K |
|
2675
ONE Gas
OGS
$4.88B
| $2.13M | ﹤0.01% |
28,580
+589
| +2% | +$40.5K |
|
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.