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 | |
|---|---|---|---|---|---|---|
3001
Fidus Investment
FDUS
$763M
| $1.51M | ﹤0.01% |
76,912
+891
| +1% | +$17.5K |
|
3002
PUT
Eli Lilly
LLY
$1.05T
| $1.51M | ﹤0.01% |
1,700
+200
| +13% | +$180K |
|
3003
APi Group
APG
$18.1B
| $1.5M | ﹤0.01% |
68,364
+8,964
| +15% | +$210K |
|
3004
Aptus Large Cap Enhanced Yield ETF
DUBS
$413M
| $1.5M | ﹤0.01% |
47,500
+8,881
| +23% | +$273K |
|
3005
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.27B
| $1.5M | ﹤0.01% |
14,909
+10,104
| +210% | +$965K |
|
3006
Howard Hughes
HHH
$3.92B
| $1.5M | ﹤0.01% |
19,409
+16,121
| +490% | +$1.14M |
|
|
VGI
3007
Virtus Global Multi-Sector Income Fund
VGI
$82.8M
| $1.5M | ﹤0.01% |
185,476
+4,670
| +3% | +$36.5K |
|
3008
Horace Mann Educators
HMN
$2.11B
| $1.5M | ﹤0.01% |
42,942
-4,752
| -10% | -$162K |
|
3009
Incyte
INCY
$24.8B
| $1.5M | ﹤0.01% |
22,627
-4,075
| -15% | -$260K |
|
|
ITCI
3010
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $1.49M | ﹤0.01% |
20,380
+9,820
| +93% | +$738K |
|
3011
Banco Bilbao Vizcaya Argentaria
BBVA
$155B
| $1.49M | ﹤0.01% |
137,507
+50,891
| +59% | +$530K |
|
|
CNH
3012
CNH Industrial
CNH
$13.9B
| $1.49M | ﹤0.01% |
134,231
+11,026
| +9% | +$112K |
|
3013
Federal Agricultural Mortgage
AGM
$2.57B
| $1.48M | ﹤0.01% |
7,919
-596
| -7% | -$114K |
|
3014
Invesco Zacks Multi-Asset Income ETF
CVY
$126M
| $1.48M | ﹤0.01% |
56,752
+2,655
| +5% | +$68.3K |
|
|
AZEK
3015
DELISTED
The AZEK Co
AZEK
| $1.48M | ﹤0.01% |
31,658
+1,228
| +4% | +$52.6K |
|
3016
TRI-Continental Corp
TY
$1.9B
| $1.48M | ﹤0.01% |
44,727
+3,359
| +8% | +$106K |
|
3017
Invesco Municipal Opportunity Trust
VMO
$655M
| $1.48M | ﹤0.01% |
143,724
-186,092
| -56% | -$1.88M |
|
3018
First Trust Nasdaq Pharmaceuticals ETF
FTXH
$929M
| $1.47M | ﹤0.01% |
51,100
-2,015
| -4% | -$57.6K |
|
3019
Axsome Therapeutics
AXSM
$11.1B
| $1.47M | ﹤0.01% |
16,372
+1,491
| +10% | +$130K |
|
3020
Eaton Vance Floating-Rate ETF
EVLN
$1.4B
| $1.47M | ﹤0.01% |
+29,364
| New | +$1.48M |
|
3021
Astera Labs
ALAB
$58.9B
| $1.47M | ﹤0.01% |
28,038
+22,955
| +452% | +$1.08M |
|
3022
Middlesex Water
MSEX
$1.08B
| $1.47M | ﹤0.01% |
22,506
+639
| +3% | +$39.6K |
|
3023
York Water
YORW
$498M
| $1.47M | ﹤0.01% |
39,153
+1,196
| +3% | +$46.4K |
|
3024
Ormat Technologies
ORA
$6.1B
| $1.47M | ﹤0.01% |
19,049
-77
| -0.4% | -$5.71K |
|
3025
Coeur Mining
CDE
$17.8B
| $1.46M | ﹤0.01% |
212,362
-32,885
| -13% | -$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.