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 | |
|---|---|---|---|---|---|---|
3476
Amphastar Pharmaceuticals
AMPH
$877M
| $915K | ﹤0.01% |
18,856
+12,104
| +179% | +$531K |
|
3477
Rayonier
RYN
$6.6B
| $911K | ﹤0.01% |
31,203
-1,830
| -6% | -$49.9K |
|
3478
BlackRock MuniYield Michigan Quality Fund
MIY
$351M
| $911K | ﹤0.01% |
75,823
+7,617
| +11% | +$89.2K |
|
3479
Brunswick
BC
$5.41B
| $910K | ﹤0.01% |
10,852
-756
| -7% | -$58.7K |
|
3480
Union Bankshares
UNB
$108M
| $908K | ﹤0.01% |
35,009
+1,380
| +4% | +$34K |
|
3481
Achieve Life Sciences
ACHV
$664M
| $907K | ﹤0.01% |
191,333
+3,333
| +2% | +$15.2K |
|
3482
Toews Agility Shares Dynamic Tactical Income ETF
THY
$87.6M
| $907K | ﹤0.01% |
39,336
+7,659
| +24% | +$174K |
|
3483
iShares International Developed Real Estate ETF
IFGL
$83.3M
| $906K | ﹤0.01% |
39,677
+376
| +1% | +$8.08K |
|
|
NCZ
3484
Virtus Convertible & Income Fund II
NCZ
$297M
| $904K | ﹤0.01% |
72,686
+3,092
| +4% | +$36.8K |
|
3485
QuinStreet
QNST
$898M
| $902K | ﹤0.01% |
47,177
-10,026
| -18% | -$183K |
|
3486
FlexShares Global Quality Real Estate Index Fund
GQRE
$424M
| $902K | ﹤0.01% |
14,477
-338
| -2% | -$19.9K |
|
3487
Patterson-UTI
PTEN
$3.83B
| $902K | ﹤0.01% |
117,847
+5,756
| +5% | +$53K |
|
|
QXO
3488
QXO Inc
QXO
$15.9B
| $901K | ﹤0.01% |
+57,138
| New | +$1.67M |
|
3489
Portillo's
PTLO
$328M
| $901K | ﹤0.01% |
66,890
+9,511
| +17% | +$106K |
|
3490
Mesa Laboratories
MLAB
$566M
| $900K | ﹤0.01% |
6,933
-18
| -0.3% | -$2.12K |
|
3491
iShares MSCI Agriculture Producers ETF
VEGI
$148M
| $898K | ﹤0.01% |
23,604
+445
| +2% | +$16.1K |
|
3492
News Corp Class B
NWS
$17.7B
| $898K | ﹤0.01% |
32,119
+3,297
| +11% | +$93K |
|
|
GRW
3493
TCW ETF Trust TCW Durable Growth ETF
GRW
$67.3M
| $897K | ﹤0.01% |
24,218
-5,101
| -17% | -$181K |
|
3494
iShares iBonds Dec 2033 Term Corporate ETF
IBDY
$1.1B
| $896K | ﹤0.01% |
33,930
+5,020
| +17% | +$130K |
|
|
FBRT
3495
Franklin BSP Realty Trust
FBRT
$639M
| $895K | ﹤0.01% |
68,554
+7,887
| +13% | +$104K |
|
3496
PUT
Baidu
BIDU
$38.2B
| $895K | ﹤0.01% |
+8,500
| New | +$751K |
|
3497
Lucid Motors
LCID
$3.04B
| $894K | ﹤0.01% |
25,315
-2,011
| -7% | -$70.1K |
|
3498
Innovator International Developed Power Buffer ETF October
IOCT
$169M
| $894K | ﹤0.01% |
29,027
+14,722
| +103% | +$441K |
|
3499
iShares MSCI Saudi Arabia ETF
KSA
$626M
| $893K | ﹤0.01% |
20,904
+111
| +0.5% | +$4.63K |
|
3500
TriNet
TNET
$3.18B
| $891K | ﹤0.01% |
+9,189
| New | +$915K |
|
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.