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 | |
|---|---|---|---|---|---|---|
3051
Trimble
TRMB
$13.7B
| $1.43M | ﹤0.01% |
22,968
-3,476
| -13% | -$194K |
|
3052
Plug Power
PLUG
$2.92B
| $1.42M | ﹤0.01% |
629,005
+78,032
| +14% | +$175K |
|
3053
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$599M
| $1.42M | ﹤0.01% |
126,712
+56,752
| +81% | +$618K |
|
3054
BlackRock MuniYield Quality Fund
MQY
$809M
| $1.42M | ﹤0.01% |
108,268
+20,746
| +24% | +$261K |
|
3055
Ciena
CIEN
$57.9B
| $1.42M | ﹤0.01% |
23,029
+3,366
| +17% | +$177K |
|
3056
NBT Bancorp
NBTB
$2.77B
| $1.42M | ﹤0.01% |
32,062
+2,425
| +8% | +$109K |
|
3057
Napco Security Technologies
NSSC
$1.44B
| $1.42M | ﹤0.01% |
35,048
+1,919
| +6% | +$94.1K |
|
3058
Pitney Bowes
PBI
$2.52B
| $1.42M | ﹤0.01% |
198,880
+152,255
| +327% | +$1.03M |
|
3059
AdvisorShares Ranger Equity Bear ETF
HDGE
$54.3M
| $1.42M | ﹤0.01% |
75,731
-44,154
| -37% | -$861K |
|
3060
Cohen & Steers Select Preferred & Income Fund
PSF
$236M
| $1.42M | ﹤0.01% |
66,046
-2,044
| -3% | -$41.4K |
|
3061
First Trust Alerian US NextGen Infrastructure ETF
RBLD
$57.8M
| $1.41M | ﹤0.01% |
20,874
+920
| +5% | +$58.2K |
|
3062
Sibanye-Stillwater
SBSW
$7.06B
| $1.41M | ﹤0.01% |
343,973
+34,628
| +11% | +$147K |
|
3063
WaFd
WAFD
$2.78B
| $1.41M | ﹤0.01% |
40,492
+3,228
| +9% | +$110K |
|
3064
Goldman Sachs BDC
GSBD
$995M
| $1.41M | ﹤0.01% |
102,420
+15,645
| +18% | +$227K |
|
|
ALTM
3065
DELISTED
Arcadium Lithium plc
ALTM
| $1.41M | ﹤0.01% |
493,851
+203,104
| +70% | +$588K |
|
3066
3D Systems Corp
DDD
$606M
| $1.41M | ﹤0.01% |
495,449
+64,274
| +15% | +$185K |
|
3067
Coty
COTY
$2.54B
| $1.41M | ﹤0.01% |
149,833
+1,507
| +1% | +$14.4K |
|
3068
Viemed Healthcare
VMD
$369M
| $1.41M | ﹤0.01% |
191,690
+3,000
| +2% | +$21.4K |
|
3069
ProShares Ultra QQQ
QLD
$14.1B
| $1.4M | ﹤0.01% |
27,890
-5,194
| -16% | -$249K |
|
|
BWG
3070
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$131M
| $1.4M | ﹤0.01% |
158,613
-38,939
| -20% | -$337K |
|
3071
Cognex
CGNX
$11.8B
| $1.4M | ﹤0.01% |
34,584
+7,533
| +28% | +$321K |
|
3072
Iridium Communications
IRDM
$5.22B
| $1.4M | ﹤0.01% |
45,931
+5,533
| +14% | +$151K |
|
3073
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$173M
| $1.4M | ﹤0.01% |
27,653
+6,633
| +32% | +$322K |
|
3074
ACI Worldwide
ACIW
$5.79B
| $1.4M | ﹤0.01% |
27,434
-1,650
| -6% | -$75.4K |
|
3075
Banco Bradesco
BBD
$38.2B
| $1.39M | ﹤0.01% |
524,294
+199,860
| +62% | +$512K |
|
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.