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 | |
|---|---|---|---|---|---|---|
2801
Abercrombie & Fitch
ANF
$4.9B
| $1.87M | ﹤0.01% |
13,379
+2,989
| +29% | +$455K |
|
|
DIAX
2802
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.87M | ﹤0.01% |
126,013
-11,397
| -8% | -$163K |
|
2803
Kyndryl
KD
$3.24B
| $1.87M | ﹤0.01% |
81,308
-1,824
| -2% | -$44.5K |
|
|
ISD
2804
PGIM High Yield Bond Fund
ISD
$419M
| $1.86M | ﹤0.01% |
133,634
+6,023
| +5% | +$81.7K |
|
2805
BlackRock Income Trust
BKT
$336M
| $1.86M | ﹤0.01% |
149,848
+1,135
| +0.8% | +$13.9K |
|
2806
PUT
Best Buy
BBY
$18.2B
| $1.86M | ﹤0.01% |
+18,000
| New | +$1.62M |
|
2807
Acuity Brands
AYI
$10.4B
| $1.86M | ﹤0.01% |
6,745
+100
| +2% | +$24.9K |
|
2808
Azenta
AZTA
$1.39B
| $1.86M | ﹤0.01% |
38,309
-46,300
| -55% | -$2.41M |
|
2809
Nuveen Taxable Municipal Income Fund
NBB
$450M
| $1.85M | ﹤0.01% |
111,475
-75,309
| -40% | -$1.23M |
|
2810
BGC Group
BGC
$5.25B
| $1.85M | ﹤0.01% |
201,322
-24,769
| -11% | -$231K |
|
2811
Invesco DB Oil Fund
DBO
$359M
| $1.85M | ﹤0.01% |
132,214
+3,175
| +2% | +$47.3K |
|
|
MYD
2812
DELISTED
BlackRock MuniYield Fund
MYD
| $1.84M | ﹤0.01% |
161,109
-59,814
| -27% | -$667K |
|
2813
M/I Homes
MHO
$3.8B
| $1.84M | ﹤0.01% |
10,731
-1,093
| -9% | -$166K |
|
2814
SentinelOne
S
$7.19B
| $1.84M | ﹤0.01% |
76,749
+18,481
| +32% | +$417K |
|
2815
Pilgrim's Pride
PPC
$6.42B
| $1.84M | ﹤0.01% |
39,853
+8,104
| +26% | +$343K |
|
2816
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.02B
| $1.83M | ﹤0.01% |
57,175
+12,838
| +29% | +$403K |
|
2817
iShares Global Timber & Forestry ETF
WOOD
$273M
| $1.83M | ﹤0.01% |
21,240
+2,036
| +11% | +$164K |
|
2818
Ryan Specialty Holdings
RYAN
$5.77B
| $1.83M | ﹤0.01% |
27,567
-1,669
| -6% | -$104K |
|
2819
iShares GNMA Bond ETF
GNMA
$423M
| $1.83M | ﹤0.01% |
40,803
-536
| -1% | -$23.7K |
|
2820
iShares MSCI Global Sustainable Development Goals ETF
SDG
$173M
| $1.83M | ﹤0.01% |
21,530
+583
| +3% | +$45.9K |
|
2821
Cedar Fair
FUN
$1.85B
| $1.82M | ﹤0.01% |
45,244
-13,018
| -22% | -$596K |
|
2822
UWM Holdings
UWMC
$661M
| $1.82M | ﹤0.01% |
213,129
+103,714
| +95% | +$874K |
|
2823
AppFolio
APPF
$7.07B
| $1.82M | ﹤0.01% |
7,712
+944
| +14% | +$221K |
|
2824
Mohawk Industries
MHK
$9.25B
| $1.82M | ﹤0.01% |
11,296
-6,743
| -37% | -$970K |
|
2825
Black Stone Minerals
BSM
$3.14B
| $1.81M | ﹤0.01% |
119,902
-44,792
| -27% | -$671K |
|
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.