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 | |
|---|---|---|---|---|---|---|
|
MFM
3251
Aberdeen Municipal Income Fund
MFM
$221M
| $1.16M | ﹤0.01% |
203,449
-4,339
| -2% | -$24K |
|
3252
Intellia Therapeutics
NTLA
$1.58B
| $1.16M | ﹤0.01% |
56,595
-731
| -1% | -$16.9K |
|
3253
Dimensional Global Sustainability Fixed Income ETF
DFSB
$731M
| $1.16M | ﹤0.01% |
21,862
+108
| +0.5% | +$5.65K |
|
3254
Terreno Realty
TRNO
$7.58B
| $1.16M | ﹤0.01% |
17,390
+3,362
| +24% | +$226K |
|
3255
Trinity Industries
TRN
$2.5B
| $1.16M | ﹤0.01% |
33,287
-1,849
| -5% | -$59.4K |
|
3256
Patrick Industries
PATK
$2.88B
| $1.16M | ﹤0.01% |
12,204
+1,045
| +9% | +$87.7K |
|
3257
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$23.1M
| $1.15M | ﹤0.01% |
11,088
-160
| -1% | -$15.5K |
|
3258
Levi Strauss
LEVI
$9.48B
| $1.15M | ﹤0.01% |
52,868
-10,278
| -16% | -$194K |
|
3259
Vertex
VERX
$2.17B
| $1.15M | ﹤0.01% |
29,788
-5,807
| -16% | -$214K |
|
3260
Brighthouse Financial
BHF
$3.55B
| $1.15M | ﹤0.01% |
25,461
-11,687
| -31% | -$525K |
|
|
AGR
3261
DELISTED
Avangrid, Inc.
AGR
| $1.14M | ﹤0.01% |
31,869
-508
| -2% | -$18.1K |
|
3262
Motley Fool Small-Cap Growth ETF
TMFS
$60.5M
| $1.14M | ﹤0.01% |
34,352
-730
| -2% | -$23.6K |
|
3263
Interparfums
IPAR
$4B
| $1.14M | ﹤0.01% |
8,806
-1,457
| -14% | -$182K |
|
3264
Invesco Municipal Trust
VKQ
$537M
| $1.14M | ﹤0.01% |
110,819
-219,232
| -66% | -$2.21M |
|
3265
iShares MSCI Israel ETF
EIS
$902M
| $1.14M | ﹤0.01% |
16,814
+5,007
| +42% | +$320K |
|
3266
Invesco Municipal Income Opportunities Trust
OIA
$287M
| $1.13M | ﹤0.01% |
164,909
+17,300
| +12% | +$113K |
|
3267
World Kinect Corp
WKC
$2B
| $1.13M | ﹤0.01% |
36,587
-3,877
| -10% | -$107K |
|
|
TEM
3268
Tempus AI
TEM
$8.49B
| $1.13M | ﹤0.01% |
+19,974
| New | +$934K |
|
3269
Invesco Dorsey Wright Financial Momentum ETF
PFI
$61M
| $1.13M | ﹤0.01% |
20,406
+3,922
| +24% | +$206K |
|
3270
Acadia Pharmaceuticals
ACAD
$4.39B
| $1.13M | ﹤0.01% |
73,413
+1,006
| +1% | +$16.8K |
|
3271
Ubiquiti
UI
$33.2B
| $1.13M | ﹤0.01% |
5,087
+7
| +0.1% | +$1.28K |
|
3272
Lithia Motors
LAD
$8.31B
| $1.13M | ﹤0.01% |
3,546
-4,331
| -55% | -$1.21M |
|
3273
Main Thematic Innovation ETF
TMAT
$253M
| $1.13M | ﹤0.01% |
63,352
+2,300
| +4% | +$39.1K |
|
3274
Franklin Responsibly Sourced Gold ETF
FGDL
$420M
| $1.13M | ﹤0.01% |
31,994
+14,809
| +86% | +$490K |
|
3275
Sumitomo Mitsui Financial
SMFG
$158B
| $1.12M | ﹤0.01% |
89,058
+11,514
| +15% | +$152K |
|
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.