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 | |
|---|---|---|---|---|---|---|
3201
FT Vest US Equity Deep Buffer ETF June
DJUN
$352M
| $1.22M | ﹤0.01% |
28,667
+4,651
| +19% | +$193K |
|
3202
FT Vest US Equity Moderate Buffer ETF April
GAPR
$291M
| $1.21M | ﹤0.01% |
33,061
+240
| +0.7% | +$8.65K |
|
3203
Vanguard Short-Term Tax-Exempt Bond ETF
VTES
$2.08B
| $1.21M | ﹤0.01% |
11,957
+6,567
| +122% | +$662K |
|
3204
Cohen & Steers
CNS
$4.35B
| $1.21M | ﹤0.01% |
12,635
-3,399
| -21% | -$289K |
|
3205
First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
$74.2M
| $1.21M | ﹤0.01% |
36,551
-8,380
| -19% | -$266K |
|
3206
iShares MSCI South Korea ETF
EWY
$24.8B
| $1.21M | ﹤0.01% |
18,943
-20,651
| -52% | -$1.34M |
|
3207
DNOW Inc
DNOW
$2.6B
| $1.21M | ﹤0.01% |
93,695
-33,389
| -26% | -$441K |
|
|
ETB
3208
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$458M
| $1.21M | ﹤0.01% |
83,792
-2,285
| -3% | -$32.2K |
|
3209
AllianzIM U.S. Equity Buffer10 Apr ETF
APRT
$46.6M
| $1.21M | ﹤0.01% |
+31,949
| New | +$1.17M |
|
3210
PUT
VanEck Gold Miners ETF
GDX
$23.8B
| $1.21M | ﹤0.01% |
+30,300
| New | +$1.15M |
|
|
JWN
3211
DELISTED
Nordstrom
JWN
| $1.21M | ﹤0.01% |
53,580
-6,533
| -11% | -$145K |
|
3212
ADMA Biologics
ADMA
$2.07B
| $1.2M | ﹤0.01% |
60,209
+10,663
| +22% | +$166K |
|
3213
PUT
US Bancorp
USB
$99.6B
| $1.2M | ﹤0.01% |
26,300
-70,100
| -73% | -$3.07M |
|
3214
Barclays
BCS
$94.5B
| $1.2M | ﹤0.01% |
98,918
+12,993
| +15% | +$152K |
|
3215
MillerKnoll
MLKN
$1.64B
| $1.2M | ﹤0.01% |
48,534
+1,321
| +3% | +$36.7K |
|
3216
XPeng
XPEV
$11.5B
| $1.2M | ﹤0.01% |
98,417
-10,574
| -10% | -$87.7K |
|
3217
Magnite
MGNI
$2.8B
| $1.2M | ﹤0.01% |
86,396
+61,261
| +244% | +$835K |
|
3218
Ethan Allen Interiors
ETD
$598M
| $1.2M | ﹤0.01% |
37,512
-6,942
| -16% | -$210K |
|
3219
First Interstate BancSystem
FIBK
$3.75B
| $1.2M | ﹤0.01% |
38,972
+18,823
| +93% | +$562K |
|
|
KIO
3220
KKR Income Opportunities Fund
KIO
$451M
| $1.2M | ﹤0.01% |
80,992
-22,039
| -21% | -$314K |
|
3221
Hanover Insurance
THG
$8.09B
| $1.19M | ﹤0.01% |
8,068
+2,558
| +46% | +$351K |
|
3222
Innovator US Equity Buffer ETF July
BJUL
$353M
| $1.19M | ﹤0.01% |
27,337
-539
| -2% | -$22.8K |
|
3223
RxSight
RXST
$260M
| $1.19M | ﹤0.01% |
24,146
+1,967
| +9% | +$101K |
|
3224
John Hancock Mortgage-Backed Securities ETF
JHMB
$206M
| $1.19M | ﹤0.01% |
53,202
+26,978
| +103% | +$597K |
|
3225
Alpha Architect 1-3 Month Box ETF
BOXX
$13.2B
| $1.19M | ﹤0.01% |
10,915
-78
| -0.7% | -$8.45K |
|
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.