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 | |
|---|---|---|---|---|---|---|
|
KW
3626
DELISTED
Kennedy-Wilson Holdings
KW
| $776K | ﹤0.01% |
70,255
-3,462
| -5% | -$36.7K |
|
3627
OceanFirst Financial
OCFC
$1.73B
| $776K | ﹤0.01% |
41,744
+11,854
| +40% | +$204K |
|
3628
Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund
PTA
$1.05B
| $776K | ﹤0.01% |
36,875
+8,728
| +31% | +$176K |
|
3629
KBR
KBR
$4.75B
| $773K | ﹤0.01% |
11,875
+1,039
| +10% | +$67.6K |
|
|
HI
3630
DELISTED
Hillenbrand
HI
| $773K | ﹤0.01% |
27,815
-7,224
| -21% | -$254K |
|
3631
Amneal Pharmaceuticals
AMRX
$5.85B
| $773K | ﹤0.01% |
92,872
+20,834
| +29% | +$163K |
|
3632
Mercury Insurance
MCY
$5.93B
| $773K | ﹤0.01% |
12,268
+1,501
| +14% | +$89.2K |
|
3633
KT
KT
$8.9B
| $772K | ﹤0.01% |
50,193
+25,975
| +107% | +$374K |
|
3634
Epsilon Energy
EPSN
$168M
| $772K | ﹤0.01% |
131,680
-35,850
| -21% | -$192K |
|
3635
Strategic Education
STRA
$1.89B
| $771K | ﹤0.01% |
8,331
+329
| +4% | +$33.3K |
|
|
SDHY
3636
PGIM Short Duration High Yield Opportunities Fund
SDHY
$400M
| $771K | ﹤0.01% |
46,106
+2,951
| +7% | +$46.8K |
|
3637
Antero Resources
AR
$10.9B
| $770K | ﹤0.01% |
26,878
-2,777
| -9% | -$78.7K |
|
3638
Innovator US Equity Ultra Buffer ETF June
UJUN
$188M
| $767K | ﹤0.01% |
23,087
+1,100
| +5% | +$35.6K |
|
3639
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$148M
| $766K | ﹤0.01% |
36,114
+12,888
| +55% | +$260K |
|
3640
NOV
NOV
$7.1B
| $766K | ﹤0.01% |
47,976
+1,008
| +2% | +$17.9K |
|
3641
Qiagen
QGEN
$8.62B
| $766K | ﹤0.01% |
16,341
-7,992
| -33% | -$364K |
|
3642
Alerus Financial
ALRS
$851M
| $765K | ﹤0.01% |
+33,418
| New | +$714K |
|
|
ACLX
3643
DELISTED
Arcellx
ACLX
| $765K | ﹤0.01% |
9,155
+31
| +0.3% | +$2.06K |
|
3644
Idaho Strategic Resources
IDR
$482M
| $764K | ﹤0.01% |
+47,546
| New | +$569K |
|
3645
Four Corners Property Trust
FCPT
$2.77B
| $764K | ﹤0.01% |
26,062
+1,250
| +5% | +$34.5K |
|
3646
Navitas Semiconductor
NVTS
$3.27B
| $763K | ﹤0.01% |
311,613
+119,513
| +62% | +$388K |
|
|
RFM
3647
RiverNorth Flexible Municipal Income Fund
RFM
$89.3M
| $761K | ﹤0.01% |
46,720
-1,000
| -2% | -$16K |
|
3648
Roivant Sciences
ROIV
$24.8B
| $760K | ﹤0.01% |
65,856
+35,378
| +116% | +$403K |
|
3649
Hawkins
HWKN
$2.8B
| $760K | ﹤0.01% |
+5,960
| New | +$675K |
|
3650
Kaiser Aluminum
KALU
$2.86B
| $760K | ﹤0.01% |
10,474
+308
| +3% | +$23.7K |
|
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.