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 | |
|---|---|---|---|---|---|---|
3376
Agilysys
AGYS
$3.14B
| $1.03M | ﹤0.01% |
9,453
-1,052
| -10% | -$113K |
|
3377
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QARP
$77.9M
| $1.03M | ﹤0.01% |
19,653
+2,797
| +17% | +$141K |
|
3378
Innospec
IOSP
$2.14B
| $1.03M | ﹤0.01% |
9,077
+653
| +8% | +$76K |
|
3379
Pediatrix Medical
MD
$2.03B
| $1.03M | ﹤0.01% |
+88,533
| New | +$835K |
|
|
RA
3380
Brookfield Real Assets Income Fund
RA
$712M
| $1.02M | ﹤0.01% |
74,780
-23,904
| -24% | -$314K |
|
3381
FT Vest US Equity Moderate Buffer ETF February
GFEB
$382M
| $1.02M | ﹤0.01% |
27,955
+1,162
| +4% | +$41.6K |
|
|
AY
3382
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.02M | ﹤0.01% |
46,426
-50
| -0.1% | -$1.1K |
|
|
TEF
3383
DELISTED
Telefonica
TEF
| $1.02M | ﹤0.01% |
209,723
+175,474
| +512% | +$798K |
|
3384
Spire
SR
$4.7B
| $1.02M | ﹤0.01% |
15,142
+362
| +2% | +$23.5K |
|
3385
Western Union
WU
$2.28B
| $1.02M | ﹤0.01% |
85,407
+35,984
| +73% | +$434K |
|
3386
Simplify Volatility Premium ETF
SVOL
$521M
| $1.02M | ﹤0.01% |
+46,341
| New | +$1.03M |
|
|
TBLU
3387
Tortoise Global Water ETF
TBLU
$58.6M
| $1.02M | ﹤0.01% |
20,295
+1,196
| +6% | +$56.9K |
|
3388
Cabot Corp
CBT
$4.23B
| $1.02M | ﹤0.01% |
9,097
+486
| +6% | +$48.4K |
|
3389
The 3D Printing ETF
PRNT
$63.5M
| $1.01M | ﹤0.01% |
48,562
-11,225
| -19% | -$223K |
|
|
ALE
3390
DELISTED
Allete
ALE
| $1.01M | ﹤0.01% |
15,792
-481
| -3% | -$30.6K |
|
3391
Center Bancorp
CNOB
$1.69B
| $1.01M | ﹤0.01% |
+40,453
| New | +$930K |
|
3392
Enviri
NVRI
$671M
| $1.01M | ﹤0.01% |
97,673
+18,595
| +24% | +$196K |
|
3393
iShares MSCI Netherlands ETF
EWN
$635M
| $1.01M | ﹤0.01% |
19,855
-107,301
| -84% | -$5.33M |
|
3394
FT Vest US Equity Deep Buffer ETF February
DFEB
$465M
| $1.01M | ﹤0.01% |
24,174
-3,060
| -11% | -$125K |
|
3395
Nuveen Short-Term REIT ETF
NURE
$35.9M
| $1.01M | ﹤0.01% |
29,699
+634
| +2% | +$20.8K |
|
3396
BioLife Solutions
BLFS
$1.59B
| $1.01M | ﹤0.01% |
40,180
+2,298
| +6% | +$54.3K |
|
3397
Madrigal Pharmaceuticals
MDGL
$11.7B
| $1.01M | ﹤0.01% |
4,740
-438
| -8% | -$112K |
|
3398
American Eagle Outfitters
AEO
$3.03B
| $1.01M | ﹤0.01% |
44,927
+1,903
| +4% | +$39.3K |
|
|
RWT
3399
Redwood Trust
RWT
$589M
| $1.01M | ﹤0.01% |
130,022
+4,459
| +4% | +$32.5K |
|
3400
Invesco Golden Dragon China ETF
PGJ
$98.8M
| $1M | ﹤0.01% |
35,645
+15,310
| +75% | +$344K |
|
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.