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 | |
|---|---|---|---|---|---|---|
2676
WisdomTree Japan SmallCap Dividend Fund
DFJ
$389M
| $2.13M | ﹤0.01% |
26,360
-428
| -2% | -$33K |
|
2677
Robert Half
RHI
$4.13B
| $2.13M | ﹤0.01% |
31,533
-18,315
| -37% | -$1.16M |
|
2678
Alpha Architect US Quantitative Value ETF
QVAL
$600M
| $2.13M | ﹤0.01% |
46,062
-28,627
| -38% | -$1.26M |
|
|
JBTM
2679
JBT Marel
JBTM
$6.89B
| $2.12M | ﹤0.01% |
21,545
+2,542
| +13% | +$235K |
|
2680
Ericsson
ERIC
$33.8B
| $2.12M | ﹤0.01% |
279,765
+111,943
| +67% | +$783K |
|
|
NXC
2681
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $2.12M | ﹤0.01% |
149,941
-3,164
| -2% | -$43.1K |
|
2682
NIO
NIO
$12B
| $2.12M | ﹤0.01% |
317,115
-215
| -0.1% | -$988 |
|
|
DBL
2683
DoubleLine Opportunistic Credit Fund
DBL
$279M
| $2.11M | ﹤0.01% |
133,202
+4,102
| +3% | +$64.5K |
|
2684
Innovator US Equity Buffer ETF December
BDEC
$222M
| $2.11M | ﹤0.01% |
48,908
+5,717
| +13% | +$242K |
|
2685
Unity
U
$15.4B
| $2.11M | ﹤0.01% |
93,111
-17,734
| -16% | -$306K |
|
|
PFL
2686
PIMCO Income Strategy Fund
PFL
$385M
| $2.11M | ﹤0.01% |
245,720
+26,456
| +12% | +$220K |
|
|
SHYM
2687
iShares Short Duration High Yield Muni Active ETF
SHYM
$800M
| $2.1M | ﹤0.01% |
90,706
+43,674
| +93% | +$1M |
|
2688
Prestige Consumer Healthcare
PBH
$2.47B
| $2.1M | ﹤0.01% |
29,075
+2,451
| +9% | +$174K |
|
2689
Artisan Partners
APAM
$3.03B
| $2.1M | ﹤0.01% |
48,371
-17,868
| -27% | -$737K |
|
2690
CrossAmerica Partners
CAPL
$814M
| $2.09M | ﹤0.01% |
101,099
+4,420
| +5% | +$88.5K |
|
2691
UFP Industries
UFPI
$5.25B
| $2.09M | ﹤0.01% |
15,926
+1,942
| +14% | +$235K |
|
2692
VanEck Long/Flat Trend ETF
LFEQ
$29.1M
| $2.09M | ﹤0.01% |
42,902
+5,709
| +15% | +$267K |
|
2693
Sensata Technologies
ST
$7.08B
| $2.08M | ﹤0.01% |
58,130
+4,563
| +9% | +$170K |
|
2694
Olin
OLN
$2.16B
| $2.08M | ﹤0.01% |
43,423
-7,012
| -14% | -$312K |
|
2695
FormFactor
FORM
$9.36B
| $2.08M | ﹤0.01% |
45,253
+35,804
| +379% | +$1.79M |
|
2696
Kontoor Brands
KTB
$4.65B
| $2.08M | ﹤0.01% |
25,453
-375
| -1% | -$26.8K |
|
|
SMLR
2697
DELISTED
Semler Scientific
SMLR
| $2.08M | ﹤0.01% |
88,328
+5,549
| +7% | +$159K |
|
|
ABFL
2698
Abacus FCF Leaders ETF
ABFL
$537M
| $2.08M | ﹤0.01% |
31,901
-5,444
| -15% | -$339K |
|
2699
Commercial Metals
CMC
$8.05B
| $2.08M | ﹤0.01% |
37,822
+4,911
| +15% | +$266K |
|
2700
Littelfuse
LFUS
$11.8B
| $2.08M | ﹤0.01% |
7,836
+1,081
| +16% | +$278K |
|
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.