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 | |
|---|---|---|---|---|---|---|
3226
T. Rowe Price Ultra Short-Term Bond ETF
TBUX
$1.3B
| $1.19M | ﹤0.01% |
+23,861
| New | +$1.19M |
|
3227
iShares Currency Hedged MSCI Emerging Markets
HEEM
$284M
| $1.19M | ﹤0.01% |
41,748
+1,044
| +3% | +$28.3K |
|
3228
Americold
COLD
$4.03B
| $1.19M | ﹤0.01% |
41,961
+328
| +0.8% | +$9.37K |
|
3229
ActivePassive Intermediate Municipal Bond ETF
APMU
$244M
| $1.18M | ﹤0.01% |
47,162
-24,507
| -34% | -$610K |
|
3230
Community Health Systems
CYH
$412M
| $1.18M | ﹤0.01% |
195,082
+2,820
| +1% | +$13.8K |
|
3231
FT Vest US Equity Moderate Buffer ETF July
GJUL
$400M
| $1.18M | ﹤0.01% |
32,820
+810
| +3% | +$28.4K |
|
3232
Itron
ITRI
$4.65B
| $1.18M | ﹤0.01% |
11,070
+426
| +4% | +$43.1K |
|
3233
Liberty Global Class C
LBTYK
$3.63B
| $1.18M | ﹤0.01% |
54,612
-529
| -1% | -$10.4K |
|
3234
Boston Beer
SAM
$1.94B
| $1.18M | ﹤0.01% |
4,081
-75
| -2% | -$20.9K |
|
3235
Phibro Animal Health
PAHC
$1.51B
| $1.18M | ﹤0.01% |
+52,393
| New | +$1.01M |
|
3236
Macy's
M
$6.83B
| $1.18M | ﹤0.01% |
75,171
-9,907
| -12% | -$161K |
|
3237
PUT
Alibaba
BABA
$309B
| $1.18M | ﹤0.01% |
+11,100
| New | +$908K |
|
|
CNR
3238
Core Natural Resources Inc
CNR
$4.09B
| $1.18M | ﹤0.01% |
11,251
+1,659
| +17% | +$162K |
|
|
QQQN
3239
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $1.18M | ﹤0.01% |
37,630
-5,227
| -12% | -$154K |
|
3240
Arcutis Biotherapeutics
ARQT
$3.24B
| $1.17M | ﹤0.01% |
126,280
-23,260
| -16% | -$230K |
|
3241
PIMCO RAFI ESG US ETF
RAFE
$168M
| $1.17M | ﹤0.01% |
31,542
-11,364
| -26% | -$406K |
|
3242
CALL
Amazon
AMZN
$2.99T
| $1.17M | ﹤0.01% |
6,300
-500
| -7% | -$91.2K |
|
3243
CareDx
CDNA
$2.48B
| $1.17M | ﹤0.01% |
37,584
+1,918
| +5% | +$47.7K |
|
3244
Hagerty
HGTY
$1.19B
| $1.17M | ﹤0.01% |
115,298
-233
| -0.2% | -$2.58K |
|
|
SWN
3245
DELISTED
Southwestern Energy Company
SWN
| $1.17M | ﹤0.01% |
164,440
+12,241
| +8% | +$79K |
|
3246
Fidelity International High Dividend ETF
FIDI
$361M
| $1.17M | ﹤0.01% |
53,726
+1,135
| +2% | +$23.8K |
|
3247
Strategic Trust Running Oak Efficient Growth ETF
RUNN
$409M
| $1.17M | ﹤0.01% |
34,963
+17,891
| +105% | +$570K |
|
3248
Coca-Cola Femsa
KOF
$22.5B
| $1.17M | ﹤0.01% |
13,167
-2,268
| -15% | -$198K |
|
3249
Enovis
ENOV
$1.81B
| $1.17M | ﹤0.01% |
27,116
+2,293
| +9% | +$102K |
|
3250
Belpointe PREP
OZ
$177M
| $1.17M | ﹤0.01% |
16,888
-15
| -0.1% | -$979 |
|
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.