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 | |
|---|---|---|---|---|---|---|
3976
Shenandoah Telecom
SHEN
$689M
| $512K | ﹤0.01% |
36,318
+804
| +2% | +$13.3K |
|
|
CTLT
3977
DELISTED
CATALENT, INC.
CTLT
| $512K | ﹤0.01% |
8,455
-10,756
| -56% | -$636K |
|
3978
iShares MSCI Sweden ETF
EWD
$584M
| $511K | ﹤0.01% |
11,772
-688
| -6% | -$28K |
|
3979
Core Alternative Capital
CCOR
$28M
| $511K | ﹤0.01% |
18,665
+4,284
| +30% | +$114K |
|
|
TPC
3980
Tutor Perini Cor
TPC
$4.51B
| $511K | ﹤0.01% |
+18,798
| New | +$430K |
|
3981
Red Rock Resorts
RRR
$3.84B
| $510K | ﹤0.01% |
9,370
+1,244
| +15% | +$69.3K |
|
|
KLG
3982
DELISTED
WK Kellogg Co
KLG
| $510K | ﹤0.01% |
29,788
+3,232
| +12% | +$55.4K |
|
3983
First Commonwealth Financial
FCF
$2.2B
| $510K | ﹤0.01% |
29,709
-1,279
| -4% | -$21K |
|
3984
Telefônica Brasil
VIV
$20.3B
| $509K | ﹤0.01% |
49,610
+10,536
| +27% | +$97.5K |
|
3985
Bioventus
BVS
$913M
| $509K | ﹤0.01% |
42,554
+2,212
| +5% | +$19.1K |
|
|
UHT
3986
Universal Health Realty Income Trust
UHT
$592M
| $507K | ﹤0.01% |
11,072
-64
| -0.6% | -$2.75K |
|
3987
DigitalBridge
DBRG
$2.93B
| $506K | ﹤0.01% |
35,842
-14,106
| -28% | -$187K |
|
3988
Teucrium Wheat Fund
WEAT
$300M
| $505K | ﹤0.01% |
19,292
+1,959
| +11% | +$49.8K |
|
3989
NCR Atleos
NATL
$3.44B
| $505K | ﹤0.01% |
17,696
+51
| +0.3% | +$1.48K |
|
3990
BlackLine
BL
$1.92B
| $504K | ﹤0.01% |
9,148
-7,443
| -45% | -$366K |
|
3991
United Microelectronic
UMC
$46.9B
| $504K | ﹤0.01% |
59,889
-78,147
| -57% | -$654K |
|
3992
Teucrium Corn Fund
CORN
$171M
| $503K | ﹤0.01% |
+27,226
| New | +$487K |
|
3993
Magnolia Oil & Gas
MGY
$5.96B
| $503K | ﹤0.01% |
20,609
-20,771
| -50% | -$523K |
|
3994
Eastern Bankshares
EBC
$5.29B
| $503K | ﹤0.01% |
30,691
+11,927
| +64% | +$189K |
|
3995
St. Joe Company
JOE
$3.64B
| $502K | ﹤0.01% |
8,612
-210
| -2% | -$12.3K |
|
|
ABXB
3996
Abacus Flexible Bond Leaders ETF
ABXB
$1.91M
| $502K | ﹤0.01% |
23,243
-3,614
| -13% | -$77.3K |
|
3997
Strive 1000 Growth ETF
STXG
$150M
| $500K | ﹤0.01% |
12,022
+1,434
| +14% | +$57.5K |
|
|
UTRN
3998
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $500K | ﹤0.01% |
16,308
-1,833
| -10% | -$52.2K |
|
3999
MarketAxess Holdings
MKTX
$5.71B
| $499K | ﹤0.01% |
1,948
-1,441
| -43% | -$338K |
|
4000
Diamondrock Hospitality Co
DRH
$2.74B
| $499K | ﹤0.01% |
57,134
+6,206
| +12% | +$52.2K |
|
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.