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 | |
|---|---|---|---|---|---|---|
3351
iShares Genomics Immunology and Healthcare ETF
IDNA
$194M
| $1.05M | ﹤0.01% |
42,802
-4,637
| -10% | -$113K |
|
3352
California Water Service
CWT
$3.11B
| $1.05M | ﹤0.01% |
19,424
+1,231
| +7% | +$65.3K |
|
3353
Nuveen Credit Strategies Income Fund
JQC
$707M
| $1.05M | ﹤0.01% |
181,759
+8,418
| +5% | +$48K |
|
|
GNT
3354
GAMCO Natural Resources, Gold & Income Trust
GNT
$137M
| $1.05M | ﹤0.01% |
178,937
+28,043
| +19% | +$160K |
|
3355
Garrett Motion
GTX
$5.86B
| $1.05M | ﹤0.01% |
128,143
-10,528
| -8% | -$88.5K |
|
|
IDE
3356
Voya Infrastructure, Industrials and Materials Fund
IDE
$199M
| $1.05M | ﹤0.01% |
92,255
+5,224
| +6% | +$55.2K |
|
3357
SM Energy
SM
$7.44B
| $1.05M | ﹤0.01% |
26,193
-519
| -2% | -$22.5K |
|
3358
Towne Bank
TOWN
$3.53B
| $1.05M | ﹤0.01% |
31,625
+2,902
| +10% | +$93.3K |
|
3359
Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
$143M
| $1.05M | ﹤0.01% |
40,010
+6,879
| +21% | +$178K |
|
3360
Power Integrations
POWI
$3.6B
| $1.05M | ﹤0.01% |
16,300
-4,728
| -22% | -$312K |
|
3361
PUT
Alphabet (Google) Class A
GOOGL
$4.62T
| $1.04M | ﹤0.01% |
6,300
-100
| -2% | -$16.8K |
|
|
VGR
3362
DELISTED
Vector Group Ltd.
VGR
| $1.04M | ﹤0.01% |
69,988
+18,297
| +35% | +$247K |
|
|
SFBS
3363
ServisFirst Bancshares
SFBS
$4.97B
| $1.04M | ﹤0.01% |
12,977
-3,029
| -19% | -$230K |
|
3364
Innovator US Equity Ultra Buffer ETF January
UJAN
$272M
| $1.04M | ﹤0.01% |
27,371
-2,064
| -7% | -$77.3K |
|
|
BHR
3365
Braemar Hotels & Resorts
BHR
$144M
| $1.04M | ﹤0.01% |
336,512
-107
| -0% | -$336 |
|
3366
USA Compression Partners
USAC
$3.82B
| $1.04M | ﹤0.01% |
45,364
+14,436
| +47% | +$328K |
|
3367
CALL
iShares Russell 2000 ETF
IWM
$83B
| $1.04M | ﹤0.01% |
+4,700
| New | +$1.01M |
|
|
MRC
3368
DELISTED
MRC Global
MRC
| $1.04M | ﹤0.01% |
81,435
+7,786
| +11% | +$101K |
|
3369
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$78.9M
| $1.04M | ﹤0.01% |
45,344
-8,409
| -16% | -$163K |
|
3370
Mobileye
MBLY
$2.18B
| $1.03M | ﹤0.01% |
75,424
+25,043
| +50% | +$439K |
|
|
DX
3371
Dynex Capital
DX
$3.17B
| $1.03M | ﹤0.01% |
80,970
+815
| +1% | +$10.1K |
|
3372
AdvisorShares Insider Advantage ETF
SURE
$58.3M
| $1.03M | ﹤0.01% |
8,663
+30
| +0.3% | +$3.43K |
|
3373
National Bankshares
NKSH
$262M
| $1.03M | ﹤0.01% |
34,484
+4,469
| +15% | +$132K |
|
3374
Global E Online
GLBE
$6.98B
| $1.03M | ﹤0.01% |
26,819
+4,841
| +22% | +$170K |
|
3375
Cemex
CX
$16.8B
| $1.03M | ﹤0.01% |
168,974
-1,942
| -1% | -$12.2K |
|
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.