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 | |
|---|---|---|---|---|---|---|
3651
AllianzIM U.S. Equity Buffer10 Feb ETF
FEBT
$160M
| $759K | ﹤0.01% |
23,014
| – | – |
|
3652
Brink's
BCO
$4.76B
| $758K | ﹤0.01% |
6,559
+595
| +10% | +$63K |
|
3653
Royalty Pharma
RPRX
$25.3B
| $757K | ﹤0.01% |
26,764
-18,294
| -41% | -$507K |
|
3654
HCI Group
HCI
$2.29B
| $757K | ﹤0.01% |
7,071
-18,450
| -72% | -$1.75M |
|
|
AWP
3655
abrdn Global Premier Properties Fund
AWP
$369M
| $757K | ﹤0.01% |
54,588
-4,522
| -8% | -$57.2K |
|
3656
Stratasys
SSYS
$706M
| $756K | ﹤0.01% |
90,974
-4,270
| -4% | -$33.6K |
|
3657
Castle Biosciences
CSTL
$928M
| $755K | ﹤0.01% |
+26,464
| New | +$674K |
|
|
DCH
3658
Dauch Corp
DCH
$1.38B
| $755K | ﹤0.01% |
122,128
-2,888
| -2% | -$18.8K |
|
|
ETH
3659
Grayscale Ethereum Staking Mini ETF Shares
ETH
$1.71B
| $755K | ﹤0.01% |
+30,932
| New | +$773K |
|
3660
Franklin FTSE Japan Hedged ETF
FLJH
$176M
| $755K | ﹤0.01% |
24,719
-836
| -3% | -$25.4K |
|
3661
Invesco Bond Fund
VBF
$168M
| $754K | ﹤0.01% |
44,346
-12,107
| -21% | -$200K |
|
3662
Delek US
DK
$4.05B
| $753K | ﹤0.01% |
40,148
+17,492
| +77% | +$370K |
|
|
SKE
3663
Skeena Resources
SKE
$3.36B
| $750K | ﹤0.01% |
88,655
+9,955
| +13% | +$72.1K |
|
|
TWFG
3664
TWFG Inc
TWFG
$356M
| $748K | ﹤0.01% |
+27,586
| New | +$716K |
|
3665
ENI
E
$79B
| $748K | ﹤0.01% |
24,665
+3,224
| +15% | +$101K |
|
3666
Barrett Business Services
BBSI
$979M
| $745K | ﹤0.01% |
19,870
-4,358
| -18% | -$154K |
|
3667
Kulicke & Soffa
KLIC
$4.72B
| $743K | ﹤0.01% |
16,459
-443
| -3% | -$19.6K |
|
3668
Amtech Systems
ASYS
$275M
| $742K | ﹤0.01% |
127,880
-7,200
| -5% | -$43.8K |
|
|
PMM
3669
Franklin Managed Municipal Income Trust
PMM
$266M
| $742K | ﹤0.01% |
113,916
-8,354
| -7% | -$53K |
|
3670
Nuveen ESG Large-Cap ETF
NULC
$71.3M
| $741K | ﹤0.01% |
16,000
-2,210
| -12% | -$98.3K |
|
|
LEO
3671
BNY Mellon Strategic Municipals
LEO
$384M
| $740K | ﹤0.01% |
113,606
+9,954
| +10% | +$63.1K |
|
3672
Grand Canyon Education
LOPE
$3.93B
| $739K | ﹤0.01% |
5,212
+660
| +14% | +$95.3K |
|
|
CIZ
3673
DELISTED
VictoryShares Developed Enhanced Volatility Wtd ETF
CIZ
| $739K | ﹤0.01% |
22,322
-43,679
| -66% | -$1.39M |
|
3674
Semtech
SMTC
$11.1B
| $739K | ﹤0.01% |
16,189
+1,836
| +13% | +$67.5K |
|
3675
LegalZoom.com
LZ
$1.42B
| $738K | ﹤0.01% |
116,210
+82,765
| +247% | +$542K |
|
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.