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 | |
|---|---|---|---|---|---|---|
3451
Innovator US Equity Buffer ETF March
BMAR
$254M
| $950K | ﹤0.01% |
21,096
+12
| +0.1% | +$525 |
|
3452
Innovator US Small Cap Power Buffer ETF July
KJUL
$218M
| $949K | ﹤0.01% |
32,586
+2,593
| +9% | +$73.7K |
|
3453
NextNav
NN
$1.9B
| $948K | ﹤0.01% |
126,539
+28,939
| +30% | +$223K |
|
3454
FT Vest US Equity Moderate Buffer ETF March
GMAR
$396M
| $947K | ﹤0.01% |
25,800
+18,921
| +275% | +$679K |
|
|
NVEE
3455
DELISTED
NV5 Global
NVEE
| $947K | ﹤0.01% |
40,508
+2,408
| +6% | +$57.2K |
|
|
CFLT
3456
DELISTED
Confluent
CFLT
| $946K | ﹤0.01% |
46,426
-29,766
| -39% | -$666K |
|
3457
EA Bridgeway Blue Chip ETF
BBLU
$458M
| $945K | ﹤0.01% |
74,361
-5,414
| -7% | -$66.3K |
|
3458
B&G Foods
BGS
$289M
| $944K | ﹤0.01% |
106,285
+15,993
| +18% | +$135K |
|
3459
Kohl's
KSS
$2.28B
| $943K | ﹤0.01% |
44,698
-8,730
| -16% | -$178K |
|
3460
Applied Digital
APLD
$9B
| $942K | ﹤0.01% |
114,219
+52,924
| +86% | +$280K |
|
3461
Reynolds Consumer Products
REYN
$5.55B
| $941K | ﹤0.01% |
30,259
+5,580
| +23% | +$165K |
|
|
SNCR
3462
DELISTED
Synchronoss Technologies
SNCR
| $938K | ﹤0.01% |
+63,013
| New | +$738K |
|
3463
Veracyte
VCYT
$3.73B
| $938K | ﹤0.01% |
27,549
-1,983
| -7% | -$55.8K |
|
3464
PROG Holdings
PRG
$1.83B
| $934K | ﹤0.01% |
19,261
-11,990
| -38% | -$508K |
|
3465
Sutro Biopharma
STRO
$425M
| $934K | ﹤0.01% |
26,990
+3,975
| +17% | +$156K |
|
3466
AllianzIM U.S. Equity Buffer20 Jan ETF
JANW
$350M
| $933K | ﹤0.01% |
28,321
-2,869
| -9% | -$93.2K |
|
3467
Barron's 400 ETF
BFOR
$240M
| $931K | ﹤0.01% |
51,928
+7,736
| +18% | +$133K |
|
3468
Atlas Energy Solutions
AESI
$1.37B
| $930K | ﹤0.01% |
42,658
+926
| +2% | +$19.1K |
|
|
CCEC
3469
Capital Clean Energy Carriers
CCEC
$1.35B
| $929K | ﹤0.01% |
49,398
+6,783
| +16% | +$115K |
|
3470
Innovator US Equity Ultra Buffer ETF May
UMAY
$141M
| $929K | ﹤0.01% |
28,141
| – | – |
|
3471
Blackbaud
BLKB
$2.07B
| $929K | ﹤0.01% |
10,965
+227
| +2% | +$18.1K |
|
|
MQT
3472
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $928K | ﹤0.01% |
85,811
+48,002
| +127% | +$507K |
|
3473
Sphere Entertainment
SPHR
$5.69B
| $923K | ﹤0.01% |
20,881
+2,134
| +11% | +$91.8K |
|
3474
Mission Produce
AVO
$1.13B
| $920K | ﹤0.01% |
+71,794
| New | +$796K |
|
3475
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$143M
| $916K | ﹤0.01% |
73,281
+12,804
| +21% | +$159K |
|
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.