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 | |
|---|---|---|---|---|---|---|
3326
Allegro MicroSystems
ALGM
$7.99B
| $1.07M | ﹤0.01% |
46,129
-6,334
| -12% | -$159K |
|
|
SEM
3327
DELISTED
Select Medical
SEM
| $1.07M | ﹤0.01% |
57,206
+2,116
| +4% | +$40.5K |
|
3328
iShares MSCI Singapore ETF
EWS
$1.06B
| $1.07M | ﹤0.01% |
48,505
+29,597
| +157% | +$602K |
|
|
FUND
3329
Sprott Focus Trust
FUND
$302M
| $1.07M | ﹤0.01% |
139,130
+7,089
| +5% | +$54.9K |
|
|
PEO
3330
Adams Natural Resources Fund
PEO
$732M
| $1.07M | ﹤0.01% |
47,880
-2,901
| -6% | -$64.7K |
|
3331
Schrodinger
SDGR
$1.17B
| $1.07M | ﹤0.01% |
57,611
+3,833
| +7% | +$78.7K |
|
3332
AllianzIM U.S. Equity Buffer20 Aug ETF
AUGW
$136M
| $1.07M | ﹤0.01% |
37,049
+26,442
| +249% | +$745K |
|
3333
Vanguard US Value Factor ETF
VFVA
$916M
| $1.07M | ﹤0.01% |
8,856
-276
| -3% | -$32.4K |
|
3334
PagerDuty
PD
$871M
| $1.07M | ﹤0.01% |
57,543
-4,808
| -8% | -$93.8K |
|
3335
VanEck Steel ETF
SLX
$174M
| $1.07M | ﹤0.01% |
15,156
-3,639
| -19% | -$242K |
|
3336
Avista
AVA
$3.28B
| $1.07M | ﹤0.01% |
27,538
-761
| -3% | -$28.8K |
|
3337
FNB Corp
FNB
$6.9B
| $1.07M | ﹤0.01% |
75,601
+11,346
| +18% | +$162K |
|
3338
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.7M
| $1.07M | ﹤0.01% |
54,236
-1,467
| -3% | -$28K |
|
3339
Global X Social Media ETF
SOCL
$95.5M
| $1.07M | ﹤0.01% |
24,602
-849
| -3% | -$34.2K |
|
3340
Dimensional Inflation-Protected Securities ETF
DFIP
$1.12B
| $1.06M | ﹤0.01% |
25,132
+11,315
| +82% | +$471K |
|
3341
Victory Capital Holdings
VCTR
$6.42B
| $1.06M | ﹤0.01% |
19,165
+1,029
| +6% | +$53.1K |
|
3342
Brookfield Renewable
BEPC
$6.23B
| $1.06M | ﹤0.01% |
32,502
+1,881
| +6% | +$54.5K |
|
|
PHT
3343
DELISTED
Pioneer High Income Fund
PHT
| $1.06M | ﹤0.01% |
132,684
+3,175
| +2% | +$24.6K |
|
3344
Carlyle Secured Lending
CGBD
$729M
| $1.06M | ﹤0.01% |
62,525
+9,189
| +17% | +$159K |
|
3345
WSFS Financial
WSFS
$4.21B
| $1.06M | ﹤0.01% |
20,803
+4,735
| +29% | +$245K |
|
3346
Penske Automotive Group
PAG
$14.4B
| $1.06M | ﹤0.01% |
6,514
+338
| +5% | +$53.9K |
|
|
IBTX
3347
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.06M | ﹤0.01% |
18,321
+4,220
| +30% | +$231K |
|
3348
IonQ
IONQ
$15.6B
| $1.06M | ﹤0.01% |
120,864
-3,815
| -3% | -$29.1K |
|
3349
LeMaitre Vascular
LMAT
$2.42B
| $1.06M | ﹤0.01% |
11,367
+2,867
| +34% | +$248K |
|
3350
FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund
TLTD
$677M
| $1.06M | ﹤0.01% |
14,073
-4,698
| -25% | -$339K |
|
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.