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 | |
|---|---|---|---|---|---|---|
2776
RenaissanceRe
RNR
$13.4B
| $1.91M | ﹤0.01% |
7,027
+2,935
| +72% | +$708K |
|
2777
Construction Partners
ROAD
$6.03B
| $1.91M | ﹤0.01% |
27,381
+964
| +4% | +$59.4K |
|
2778
Aptus Behavioral Momentum ETF
ADME
$303M
| $1.91M | ﹤0.01% |
41,347
+1,036
| +3% | +$46.3K |
|
|
BECN
2779
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.91M | ﹤0.01% |
22,071
+1,551
| +8% | +$138K |
|
2780
GXO Logistics
GXO
$6.03B
| $1.91M | ﹤0.01% |
36,630
+2,620
| +8% | +$133K |
|
2781
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $1.9M | ﹤0.01% |
19,439
-623
| -3% | -$57.3K |
|
2782
Corcept Therapeutics
CORT
$11.9B
| $1.9M | ﹤0.01% |
41,032
-23,307
| -36% | -$828K |
|
2783
Banco Macro
BMA
$5.84B
| $1.9M | ﹤0.01% |
29,901
+16,649
| +126% | +$960K |
|
2784
Dimensional International High Profitability ETF
DIHP
$6.45B
| $1.9M | ﹤0.01% |
68,522
+1,536
| +2% | +$41.3K |
|
2785
Murphy Oil
MUR
$5.5B
| $1.9M | ﹤0.01% |
56,251
-1,103
| -2% | -$41.7K |
|
|
SDFI
2786
AB Short Duration Income ETF
SDFI
$184M
| $1.9M | ﹤0.01% |
52,814
+8,428
| +19% | +$300K |
|
2787
America Movil
AMX
$74.7B
| $1.9M | ﹤0.01% |
115,887
+14,021
| +14% | +$237K |
|
2788
RH
RH
$3.56B
| $1.9M | ﹤0.01% |
5,668
-23
| -0.4% | -$6.33K |
|
2789
Assurant
AIZ
$13.9B
| $1.9M | ﹤0.01% |
9,531
+1,079
| +13% | +$197K |
|
2790
Ryder
R
$10.3B
| $1.89M | ﹤0.01% |
12,995
-670
| -5% | -$90.8K |
|
|
GOOD
2791
Gladstone Commercial Corp
GOOD
$608M
| $1.89M | ﹤0.01% |
116,617
-3,442
| -3% | -$51.6K |
|
|
GGN
2792
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$773M
| $1.89M | ﹤0.01% |
442,332
+8,478
| +2% | +$35.1K |
|
2793
Goodyear
GT
$2.07B
| $1.89M | ﹤0.01% |
213,643
+51,258
| +32% | +$484K |
|
2794
Trump Media & Technology Group
DJT
$2.86B
| $1.89M | ﹤0.01% |
117,638
+20,853
| +22% | +$505K |
|
2795
Amplify Alternative Harvest ETF
MJ
$104M
| $1.89M | ﹤0.01% |
47,546
-2,941
| -6% | -$120K |
|
2796
BNY Mellon Concentrated International ETF
BKCI
$134M
| $1.89M | ﹤0.01% |
35,170
+10,929
| +45% | +$570K |
|
2797
Alliance Resource Partners
ARLP
$3.31B
| $1.88M | ﹤0.01% |
75,302
+5,723
| +8% | +$138K |
|
2798
National Health Investors
NHI
$3.61B
| $1.88M | ﹤0.01% |
22,393
-326
| -1% | -$25.1K |
|
2799
Vericel Corp
VCEL
$2.37B
| $1.88M | ﹤0.01% |
44,406
+7,453
| +20% | +$355K |
|
2800
Global X S&P 500 Quality Dividend ETF
QDIV
$30.6M
| $1.87M | ﹤0.01% |
51,493
-5,917
| -10% | -$205K |
|
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.