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 | |
|---|---|---|---|---|---|---|
3101
Ardelyx
ARDX
$1.22B
| $1.36M | ﹤0.01% |
197,366
+4,312
| +2% | +$25.4K |
|
3102
Timken Company
TKR
$9.18B
| $1.36M | ﹤0.01% |
16,122
+2,070
| +15% | +$170K |
|
3103
Community Bank
CBU
$3.48B
| $1.36M | ﹤0.01% |
23,380
-3,906
| -14% | -$224K |
|
3104
Unifirst Corp
UNF
$5.24B
| $1.35M | ﹤0.01% |
6,812
+1,195
| +21% | +$220K |
|
3105
CBIZ
CBZ
$2.98B
| $1.35M | ﹤0.01% |
20,106
-107
| -0.5% | -$7.78K |
|
|
EDF
3106
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$168M
| $1.35M | ﹤0.01% |
258,168
+14,878
| +6% | +$77.9K |
|
3107
Camping World
CWH
$692M
| $1.35M | ﹤0.01% |
55,820
-4,109
| -7% | -$88.5K |
|
3108
Meritage Homes
MTH
$4.86B
| $1.35M | ﹤0.01% |
13,156
+7,048
| +115% | +$665K |
|
3109
Innovator US Small Cap Power Buffer ETF April
KAPR
$218M
| $1.35M | ﹤0.01% |
41,522
+13,223
| +47% | +$419K |
|
3110
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$639M
| $1.35M | ﹤0.01% |
111,050
+10,607
| +11% | +$125K |
|
3111
IES Holdings
IESC
$15.4B
| $1.35M | ﹤0.01% |
6,748
+2,206
| +49% | +$358K |
|
3112
Aptus International Enhanced Yield ETF
IDUB
$510M
| $1.35M | ﹤0.01% |
61,773
+12,834
| +26% | +$269K |
|
3113
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$723M
| $1.35M | ﹤0.01% |
54,178
+326
| +0.6% | +$7.53K |
|
|
PRFT
3114
DELISTED
Perficient Inc
PRFT
| $1.34M | ﹤0.01% |
17,790
-3,461
| -16% | -$260K |
|
3115
Wintrust Financial
WTFC
$11B
| $1.34M | ﹤0.01% |
12,358
+1,795
| +17% | +$187K |
|
3116
Direxion Auspice Broad Commodity Strategy ETF
COM
$204M
| $1.34M | ﹤0.01% |
46,546
+3,376
| +8% | +$97.2K |
|
3117
Sylvamo
SLVM
$1.55B
| $1.34M | ﹤0.01% |
15,575
-1,061
| -6% | -$79.2K |
|
3118
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$76.9M
| $1.34M | ﹤0.01% |
13,951
-2,075
| -13% | -$186K |
|
3119
Colterpoint Net Lease Real Estate ETF
NETL
$54.1M
| $1.34M | ﹤0.01% |
49,157
+5,298
| +12% | +$137K |
|
|
COOP
3120
DELISTED
Mr. Cooper
COOP
| $1.34M | ﹤0.01% |
14,485
+4,699
| +48% | +$416K |
|
3121
Knight Transportation
KNX
$11.5B
| $1.34M | ﹤0.01% |
24,745
-1,700
| -6% | -$88K |
|
|
DAY
3122
DELISTED
Dayforce
DAY
| $1.33M | ﹤0.01% |
21,787
+525
| +2% | +$28.9K |
|
|
EIM
3123
Eaton Vance Municipal Bond Fund
EIM
$493M
| $1.33M | ﹤0.01% |
123,854
+208
| +0.2% | +$2.19K |
|
3124
NorthWestern Energy
NWE
$4.22B
| $1.33M | ﹤0.01% |
23,281
+2,202
| +10% | +$118K |
|
|
PMO
3125
Franklin Municipal Opportunities Trust
PMO
$280M
| $1.33M | ﹤0.01% |
122,153
+19,617
| +19% | +$206K |
|
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.