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 | |
|---|---|---|---|---|---|---|
3776
Westamerica Bancorp
WABC
$1.39B
| $649K | ﹤0.01% |
13,125
+1,692
| +15% | +$86K |
|
3777
Occidental Petroleum Corp Warrants
OXY.WS
$31.5B
| $648K | ﹤0.01% |
21,799
-313
| -1% | -$11K |
|
3778
Phinia Inc
PHIN
$2.86B
| $648K | ﹤0.01% |
+14,069
| New | +$633K |
|
|
PCF
3779
High Income Securities Fund
PCF
$98.8M
| $648K | ﹤0.01% |
94,812
-13,756
| -13% | -$91.4K |
|
3780
Valley National Bancorp
VLY
$8.02B
| $646K | ﹤0.01% |
71,327
+5,344
| +8% | +$43.4K |
|
3781
Adaptive Biotechnologies
ADPT
$3.68B
| $646K | ﹤0.01% |
126,086
-10,193
| -7% | -$44.4K |
|
3782
J&J Snack Foods
JJSF
$1.48B
| $645K | ﹤0.01% |
3,747
+304
| +9% | +$51K |
|
3783
SLR Investment Corp
SLRC
$709M
| $644K | ﹤0.01% |
42,775
+3,878
| +10% | +$60.3K |
|
|
HEAL
3784
Global X Funds Global X HealthTech ETF
HEAL
$29.4M
| $643K | ﹤0.01% |
21,388
+10,525
| +97% | +$290K |
|
3785
Beam Therapeutics
BEAM
$2.67B
| $643K | ﹤0.01% |
26,236
-196
| -0.7% | -$5.06K |
|
|
CEV
3786
Eaton Vance California Municipal Income Trust
CEV
$70.8M
| $641K | ﹤0.01% |
58,995
+15,704
| +36% | +$172K |
|
3787
Ambarella
AMBA
$3.63B
| $641K | ﹤0.01% |
11,368
+1,130
| +11% | +$60.1K |
|
3788
Gorman-Rupp
GRC
$2.19B
| $641K | ﹤0.01% |
16,462
+3,499
| +27% | +$134K |
|
3789
CAE Inc. Common Shares
CAE
$8.51B
| $641K | ﹤0.01% |
34,175
+8,166
| +31% | +$146K |
|
3790
Cracker Barrel
CBRL
$1.29B
| $640K | ﹤0.01% |
14,117
-11,399
| -45% | -$469K |
|
|
PMF
3791
DELISTED
PIMCO Municipal Income Fund
PMF
| $640K | ﹤0.01% |
61,976
+5,247
| +9% | +$49.8K |
|
3792
Guardant Health
GH
$21.3B
| $639K | ﹤0.01% |
27,850
+11,659
| +72% | +$330K |
|
3793
Bank of Hawaii
BOH
$3.16B
| $639K | ﹤0.01% |
10,173
+3,575
| +54% | +$230K |
|
3794
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$192M
| $638K | ﹤0.01% |
15,052
+10,587
| +237% | +$478K |
|
3795
LifeVantage
LFVN
$83M
| $636K | ﹤0.01% |
+52,634
| New | +$436K |
|
3796
First Trust China AlphaDEX Fund
FCA
$32.6M
| $636K | ﹤0.01% |
+30,261
| New | +$571K |
|
3797
Uranium Energy
UEC
$4.93B
| $635K | ﹤0.01% |
102,275
+2,165
| +2% | +$11.7K |
|
3798
Touchstone Dynamic International ETF
TDI
$405M
| $635K | ﹤0.01% |
20,733
-761
| -4% | -$22.4K |
|
3799
Affiliated Managers Group
AMG
$10.1B
| $635K | ﹤0.01% |
3,569
-88
| -2% | -$14.9K |
|
3800
Civeo
CVEO
$339M
| $633K | ﹤0.01% |
23,112
-1,456
| -6% | -$38.5K |
|
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.