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 | |
|---|---|---|---|---|---|---|
|
DHY
2901
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.67M | ﹤0.01% |
737,854
-15,517
| -2% | -$32.7K |
|
2902
Oshkosh
OSK
$9.68B
| $1.67M | ﹤0.01% |
16,618
-6,488
| -28% | -$676K |
|
2903
Invesco MSCI Sustainable Future ETF
ERTH
$137M
| $1.66M | ﹤0.01% |
36,893
-2,937
| -7% | -$123K |
|
2904
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$39.4M
| $1.66M | ﹤0.01% |
44,084
+916
| +2% | +$33.7K |
|
2905
Aramark
ARMK
$14.8B
| $1.66M | ﹤0.01% |
42,877
+16,520
| +63% | +$583K |
|
2906
FT Vest US Equity Deep Buffer ETF April
DAPR
$312M
| $1.66M | ﹤0.01% |
45,516
-297
| -0.6% | -$10.6K |
|
2907
PUT
Meta Platforms (Facebook)
META
$1.5T
| $1.66M | ﹤0.01% |
2,900
| – | – |
|
2908
SPX Corp
SPXC
$10.8B
| $1.66M | ﹤0.01% |
10,398
+1,216
| +13% | +$183K |
|
2909
Hecla Mining
HL
$10.3B
| $1.65M | ﹤0.01% |
247,974
+10,814
| +5% | +$63.2K |
|
|
BERY
2910
DELISTED
Berry Global Group, Inc.
BERY
| $1.65M | ﹤0.01% |
26,493
+2,282
| +9% | +$136K |
|
|
MSD
2911
Morgan Stanley Emerging Markets Debt Fund
MSD
$147M
| $1.64M | ﹤0.01% |
207,217
-10,788
| -5% | -$82.9K |
|
2912
Fidelity Limited Term Bond ETF
FLTB
$415M
| $1.64M | ﹤0.01% |
32,626
+516
| +2% | +$25.8K |
|
2913
NetEase
NTES
$83.6B
| $1.64M | ﹤0.01% |
17,566
+660
| +4% | +$57.6K |
|
2914
Kilroy Realty
KRC
$4.58B
| $1.64M | ﹤0.01% |
42,418
+5,027
| +13% | +$178K |
|
2915
Descartes Systems
DSGX
$6.63B
| $1.64M | ﹤0.01% |
15,940
+1,325
| +9% | +$132K |
|
|
DEA
2916
Easterly Government Properties
DEA
$1.18B
| $1.64M | ﹤0.01% |
48,336
-5,244
| -10% | -$176K |
|
2917
USCF Midstream Energy Income Fund
UMI
$502M
| $1.64M | ﹤0.01% |
36,553
+9,236
| +34% | +$403K |
|
|
IGA
2918
Voya Global Advantage and Premium Opportunity Fund
IGA
$157M
| $1.64M | ﹤0.01% |
172,572
-12,711
| -7% | -$117K |
|
|
NEE.PRR
2919
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $1.64M | ﹤0.01% |
35,268
-2,746
| -7% | -$123K |
|
2920
Primerica
PRI
$9.92B
| $1.64M | ﹤0.01% |
6,181
+620
| +11% | +$157K |
|
2921
Trustmark
TRMK
$2.82B
| $1.64M | ﹤0.01% |
51,497
+1,038
| +2% | +$33.4K |
|
2922
BondBloxx USD High Yield Bond Sector Rotation ETF
HYSA
$65.4M
| $1.64M | ﹤0.01% |
106,803
-48,645
| -31% | -$733K |
|
2923
PUT
Lockheed Martin
LMT
$136B
| $1.64M | ﹤0.01% |
2,800
-400
| -13% | -$215K |
|
2924
TD Synnex
SNX
$21.1B
| $1.64M | ﹤0.01% |
13,630
-15,839
| -54% | -$1.83M |
|
2925
Fabrinet
FN
$19B
| $1.63M | ﹤0.01% |
6,907
+77
| +1% | +$17.8K |
|
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.