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 | |
|---|---|---|---|---|---|---|
3851
Harbor Human Capital Factor US Large Cap ETF
HAPI
$497M
| $592K | ﹤0.01% |
17,049
+629
| +4% | +$21K |
|
|
PRO
3852
DELISTED
PROS Holdings
PRO
| $592K | ﹤0.01% |
31,947
-8,453
| -21% | -$179K |
|
3853
iShares MSCI Europe Small-Cap ETF
IEUS
$181M
| $591K | ﹤0.01% |
9,774
-2,040
| -17% | -$119K |
|
3854
Valaris
VAL
$5.32B
| $590K | ﹤0.01% |
10,585
+1,826
| +21% | +$120K |
|
3855
ALPS Smith Core Plus Bond ETF
SMTH
$2.98B
| $590K | ﹤0.01% |
22,309
-1,173
| -5% | -$30.6K |
|
3856
Choiceone Financial
COFS
$511M
| $590K | ﹤0.01% |
19,079
+1,802
| +10% | +$51.8K |
|
|
EVG
3857
Eaton Vance Short Duration Diversified Income Fund
EVG
$142M
| $589K | ﹤0.01% |
52,691
+11,279
| +27% | +$125K |
|
3858
DiaMedica Therapeutics
DMAC
$351M
| $589K | ﹤0.01% |
140,500
+123,000
| +703% | +$454K |
|
3859
Sprott Junior Gold Miners ETF
SGDJ
$278M
| $589K | ﹤0.01% |
15,918
+365
| +2% | +$12.5K |
|
3860
Kemper
KMPR
$1.72B
| $587K | ﹤0.01% |
9,591
+111
| +1% | +$6.83K |
|
3861
Franklin Electric
FELE
$4.73B
| $587K | ﹤0.01% |
5,603
-503
| -8% | -$50.4K |
|
3862
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.15B
| $586K | ﹤0.01% |
14,793
+313
| +2% | +$12K |
|
3863
Procore
PCOR
$8.34B
| $584K | ﹤0.01% |
9,464
-4,891
| -34% | -$300K |
|
3864
Herc Holdings
HRI
$5.48B
| $583K | ﹤0.01% |
3,659
-311
| -8% | -$44.1K |
|
|
RINC
3865
DELISTED
AXS Real Estate Income ETF
RINC
| $583K | ﹤0.01% |
23,907
-99
| -0.4% | -$2.38K |
|
|
NBSD
3866
Neuberger Short Duration Income ETF
NBSD
$1.21B
| $582K | ﹤0.01% |
11,259
+713
| +7% | +$36.2K |
|
3867
Codexis
CDXS
$156M
| $581K | ﹤0.01% |
188,660
+15,380
| +9% | +$47.6K |
|
3868
BlackRock Enhanced International Dividend Trust
BGY
$526M
| $579K | ﹤0.01% |
99,874
+1,771
| +2% | +$9.97K |
|
|
JHI
3869
John Hancock Investors Trust
JHI
$116M
| $579K | ﹤0.01% |
41,148
+4,210
| +11% | +$57.1K |
|
3870
Knowles
KN
$3.2B
| $578K | ﹤0.01% |
32,070
+4,283
| +15% | +$75.9K |
|
3871
1st Source
SRCE
$2.18B
| $578K | ﹤0.01% |
9,649
+1,221
| +14% | +$71.9K |
|
3872
Cass Information Systems
CASS
$722M
| $578K | ﹤0.01% |
13,925
+147
| +1% | +$6.08K |
|
3873
CALL
Walt Disney
DIS
$170B
| $577K | ﹤0.01% |
6,000
+3,600
| +150% | +$331K |
|
3874
NCR Voyix
VYX
$1.19B
| $577K | ﹤0.01% |
42,486
-5,168
| -11% | -$69K |
|
3875
Liberty Media Series A
FWONA
$22.4B
| $576K | ﹤0.01% |
8,059
+679
| +9% | +$47.6K |
|
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.