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 | |
|---|---|---|---|---|---|---|
2726
AGCO
AGCO
$7.51B
| $2.04M | ﹤0.01% |
20,796
+744
| +4% | +$69.3K |
|
2727
Innovator Nasdaq-100 Managed Floor ETF
QFLR
$536M
| $2.03M | ﹤0.01% |
73,752
+66,177
| +874% | +$1.79M |
|
2728
Zillow
Z
$8.3B
| $2.03M | ﹤0.01% |
31,812
+5,751
| +22% | +$309K |
|
2729
Invitation Homes
INVH
$18.1B
| $2.03M | ﹤0.01% |
57,476
+10,198
| +22% | +$365K |
|
2730
Biohaven
BHVN
$2.07B
| $2.03M | ﹤0.01% |
40,526
+1,482
| +4% | +$57.7K |
|
|
NVMI
2731
Nova
NVMI
$13.2B
| $2.02M | ﹤0.01% |
9,715
+830
| +9% | +$177K |
|
2732
Roundhill Ball Metaverse ETF
METV
$217M
| $2.02M | ﹤0.01% |
149,684
-14,831
| -9% | -$191K |
|
2733
StoneX
SNEX
$9.1B
| $2.02M | ﹤0.01% |
83,187
-8,886
| -10% | -$210K |
|
2734
iShares Global Industrials ETF
EXI
$1.48B
| $2.02M | ﹤0.01% |
13,561
+993
| +8% | +$139K |
|
2735
SFL Corp
SFL
$1.61B
| $2.01M | ﹤0.01% |
174,043
-11,720
| -6% | -$140K |
|
2736
Simplify US Equity PLUS GBTC ETF
SPBC
$45.4M
| $2.01M | ﹤0.01% |
55,315
+3,868
| +8% | +$135K |
|
2737
MP Materials
MP
$8.45B
| $2.01M | ﹤0.01% |
113,653
-44,459
| -28% | -$604K |
|
2738
Dimensional International Small Cap Value ETF
DISV
$5.03B
| $2M | ﹤0.01% |
68,934
+3,869
| +6% | +$108K |
|
2739
Angel Oak High Yield Opportunities ETF
AOHY
$124M
| $2M | ﹤0.01% |
179,328
-13,361
| -7% | -$148K |
|
2740
HNI Corp
HNI
$3.49B
| $2M | ﹤0.01% |
37,168
-2,282
| -6% | -$116K |
|
2741
Suburban Propane Partners
SPH
$1.21B
| $1.99M | ﹤0.01% |
111,041
+794
| +0.7% | +$14.3K |
|
2742
iShares International Treasury Bond ETF
IGOV
$1.54B
| $1.99M | ﹤0.01% |
47,607
-625
| -1% | -$25.4K |
|
2743
Affirm
AFRM
$26.2B
| $1.99M | ﹤0.01% |
48,631
+10,248
| +27% | +$340K |
|
2744
First American
FAF
$7.76B
| $1.98M | ﹤0.01% |
30,042
+9,424
| +46% | +$575K |
|
2745
BlackRock Energy and Resources Trust
BGR
$411M
| $1.98M | ﹤0.01% |
153,756
+1,106
| +0.7% | +$14.3K |
|
2746
Kinross Gold
KGC
$28B
| $1.98M | ﹤0.01% |
211,492
-141,426
| -40% | -$1.27M |
|
2747
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.3M
| $1.98M | ﹤0.01% |
36,556
+3,617
| +11% | +$193K |
|
2748
Motley Fool Global Opportunities ETF
TMFG
$364M
| $1.97M | ﹤0.01% |
62,198
-76,723
| -55% | -$2.35M |
|
2749
Prosperity Bancshares
PB
$8.98B
| $1.97M | ﹤0.01% |
27,347
+809
| +3% | +$56.5K |
|
2750
FT Vest US Equity Deep Buffer ETF November
DNOV
$400M
| $1.97M | ﹤0.01% |
46,684
-5,741
| -11% | -$240K |
|
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.