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 | |
|---|---|---|---|---|---|---|
3126
Avantis International Large Cap Value ETF
AVIV
$2.03B
| $1.32M | ﹤0.01% |
23,577
-375
| -2% | -$20.2K |
|
3127
First Trust Nasdaq Transportation ETF
FTXR
$1.08B
| $1.32M | ﹤0.01% |
41,229
+1,561
| +4% | +$48.3K |
|
3128
Independent Bank
INDB
$4.09B
| $1.32M | ﹤0.01% |
22,323
+784
| +4% | +$46.1K |
|
3129
MakeMyTrip
MMYT
$5.74B
| $1.32M | ﹤0.01% |
14,189
-4,447
| -24% | -$419K |
|
3130
Invesco WilderHill Clean Energy ETF
PBW
$416M
| $1.32M | ﹤0.01% |
65,747
-31,618
| -32% | -$630K |
|
3131
Nuveen Growth Opportunities ETF
NUGO
$2.55B
| $1.32M | ﹤0.01% |
40,567
+6,548
| +19% | +$206K |
|
3132
Sinclair Inc
SBGI
$997M
| $1.32M | ﹤0.01% |
85,965
-8,628
| -9% | -$121K |
|
3133
FLEX LNG
FLNG
$1.63B
| $1.31M | ﹤0.01% |
51,672
+6,320
| +14% | +$167K |
|
3134
Reddit
RDDT
$30.3B
| $1.31M | ﹤0.01% |
19,940
+2,645
| +15% | +$164K |
|
3135
Acushnet Holdings
GOLF
$6.03B
| $1.31M | ﹤0.01% |
20,601
+1,068
| +5% | +$70.5K |
|
|
XRLV
3136
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $1.3M | ﹤0.01% |
24,040
-2,158
| -8% | -$112K |
|
|
BYM
3137
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.3M | ﹤0.01% |
108,306
-2,908
| -3% | -$34.4K |
|
3138
Saic
SAIC
$5.09B
| $1.3M | ﹤0.01% |
9,356
+436
| +5% | +$55.1K |
|
3139
CALL
Pfizer
PFE
$146B
| $1.3M | ﹤0.01% |
45,000
-2,200
| -5% | -$64.2K |
|
3140
Manchester United
MANU
$3.9B
| $1.3M | ﹤0.01% |
80,331
+19,330
| +32% | +$324K |
|
3141
Hamilton Lane
HLNE
$5.6B
| $1.3M | ﹤0.01% |
7,715
+95
| +1% | +$13.8K |
|
3142
Invesco California Value Municipal Income Trust
VCV
$519M
| $1.3M | ﹤0.01% |
119,278
-1,593
| -1% | -$17.2K |
|
3143
Harrow
HROW
$1.49B
| $1.3M | ﹤0.01% |
28,873
-8,699
| -23% | -$294K |
|
|
CIM
3144
Chimera Investment
CIM
$968M
| $1.3M | ﹤0.01% |
81,905
+13,330
| +19% | +$200K |
|
3145
First Trust Dorsey Wright Momentum & Value ETF
DVLU
$48.9M
| $1.3M | ﹤0.01% |
42,029
+359
| +0.9% | +$10.6K |
|
3146
Cambria Tail Risk ETF
TAIL
$146M
| $1.3M | ﹤0.01% |
107,491
-12,692
| -11% | -$152K |
|
3147
Bio-Rad Laboratories Class A
BIO
$9.13B
| $1.29M | ﹤0.01% |
3,869
+527
| +16% | +$167K |
|
3148
Nuveen Select Tax-Free Income Portfolio
NXP
$895M
| $1.29M | ﹤0.01% |
85,553
+10,359
| +14% | +$153K |
|
3149
Geron
GERN
$1.03B
| $1.29M | ﹤0.01% |
284,058
+33,731
| +13% | +$153K |
|
3150
LGI Homes
LGIH
$1.4B
| $1.29M | ﹤0.01% |
10,853
+84
| +0.8% | +$8.86K |
|
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.