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 | |
|---|---|---|---|---|---|---|
2826
Casella Waste Systems
CWST
$5.82B
| $1.81M | ﹤0.01% |
18,179
+980
| +6% | +$101K |
|
2827
RingCentral
RNG
$5.09B
| $1.81M | ﹤0.01% |
57,159
+18,133
| +46% | +$573K |
|
2828
GameStop
GME
$8.62B
| $1.8M | ﹤0.01% |
78,676
+19,245
| +32% | +$440K |
|
2829
American Beacon GLG Natural Resources ETF
MGNR
$868M
| $1.8M | ﹤0.01% |
+59,173
| New | +$1.72M |
|
2830
abrdn Physical Palladium Shares ETF
PALL
$652M
| $1.8M | ﹤0.01% |
98,195
-14,190
| -13% | -$252K |
|
2831
Invesco Value Municipal Income Trust
IIM
$593M
| $1.8M | ﹤0.01% |
139,720
+8,850
| +7% | +$112K |
|
2832
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $1.8M | ﹤0.01% |
52,010
+22,795
| +78% | +$769K |
|
2833
Virtu Financial
VIRT
$5.03B
| $1.79M | ﹤0.01% |
58,852
+2,697
| +5% | +$76.9K |
|
|
GTY
2834
Getty Realty Corp
GTY
$2.08B
| $1.79M | ﹤0.01% |
56,312
+5,264
| +10% | +$161K |
|
2835
Honda
HMC
$39.1B
| $1.79M | ﹤0.01% |
56,429
+2,518
| +5% | +$79.9K |
|
|
SMAR
2836
DELISTED
Smartsheet Inc.
SMAR
| $1.79M | ﹤0.01% |
32,288
+1,953
| +6% | +$94.7K |
|
2837
Hims & Hers Health
HIMS
$7.44B
| $1.79M | ﹤0.01% |
96,978
+33,719
| +53% | +$604K |
|
2838
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.79B
| $1.79M | ﹤0.01% |
22,767
-27,669
| -55% | -$2.01M |
|
|
QPFF
2839
DELISTED
American Century Quality Preferred ETF
QPFF
| $1.78M | ﹤0.01% |
46,834
+20,365
| +77% | +$754K |
|
2840
First Majestic Silver
AG
$8.13B
| $1.78M | ﹤0.01% |
297,195
-92,156
| -24% | -$534K |
|
2841
Black Hills Corp
BKH
$5.5B
| $1.78M | ﹤0.01% |
29,169
+682
| +2% | +$39.8K |
|
|
GTLS
2842
DELISTED
Chart Industries
GTLS
| $1.78M | ﹤0.01% |
14,358
+1,613
| +13% | +$212K |
|
|
MCN
2843
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $1.78M | ﹤0.01% |
250,042
+6,546
| +3% | +$47.4K |
|
2844
Korn Ferry
KFY
$4.23B
| $1.78M | ﹤0.01% |
23,630
+986
| +4% | +$69.2K |
|
2845
IQ Candriam US Large Cap Equity ETF
IQSU
$342M
| $1.78M | ﹤0.01% |
37,111
-35,974
| -49% | -$1.66M |
|
2846
Teekay Tankers
TNK
$2.66B
| $1.78M | ﹤0.01% |
30,494
+4,111
| +16% | +$242K |
|
2847
SouthState Bank Corp
SSB
$10.6B
| $1.77M | ﹤0.01% |
18,261
-304
| -2% | -$27.8K |
|
2848
CALL
Netflix
NFLX
$306B
| $1.77M | ﹤0.01% |
25,000
-1,000
| -4% | -$66.9K |
|
2849
ASE Group
ASX
$85.1B
| $1.77M | ﹤0.01% |
181,610
-43,496
| -19% | -$442K |
|
2850
Penumbra
PEN
$12.8B
| $1.77M | ﹤0.01% |
9,118
-3,060
| -25% | -$578K |
|
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.