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 | |
|---|---|---|---|---|---|---|
|
MASI
4051
DELISTED
Masimo
MASI
| $468K | ﹤0.01% |
3,507
+18
| +0.5% | +$2.09K |
|
4052
Goldman Sachs MarketBeta Russell 1000 Value Equity ETF
GVUS
$420M
| $467K | ﹤0.01% |
+9,574
| New | +$448K |
|
4053
Bloomin' Brands
BLMN
$781M
| $467K | ﹤0.01% |
28,257
-8,714
| -24% | -$155K |
|
4054
BlueLinx
BXC
$458M
| $467K | ﹤0.01% |
4,426
-760
| -15% | -$77.6K |
|
4055
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$251M
| $466K | ﹤0.01% |
19,135
+1,748
| +10% | +$42.4K |
|
4056
Dimensional World Equity ETF
DFAW
$1.6B
| $465K | ﹤0.01% |
+7,334
| New | +$448K |
|
4057
Ultragenyx Pharmaceutical
RARE
$2.47B
| $465K | ﹤0.01% |
8,370
+2,299
| +38% | +$117K |
|
|
HIX
4058
Western Asset High Income Fund II
HIX
$351M
| $465K | ﹤0.01% |
103,086
-6,035
| -6% | -$26.7K |
|
4059
Genco Shipping & Trading
GNK
$1.15B
| $465K | ﹤0.01% |
23,830
-4,802
| -17% | -$89.6K |
|
4060
Element Solutions
ESI
$9.14B
| $464K | ﹤0.01% |
17,083
+3,911
| +30% | +$102K |
|
4061
Nuveen New York Municipal Value Fund
NNY
$156M
| $464K | ﹤0.01% |
53,888
+288
| +0.5% | +$2.44K |
|
|
NUVL
4062
DELISTED
Nuvalent
NUVL
| $464K | ﹤0.01% |
4,533
-3,190
| -41% | -$265K |
|
4063
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$132M
| $462K | ﹤0.01% |
13,837
+200
| +1% | +$6.53K |
|
4064
Provident Financial Services
PFS
$3.28B
| $461K | ﹤0.01% |
+24,819
| New | +$439K |
|
4065
Ecovyst
ECVT
$1.32B
| $460K | ﹤0.01% |
67,225
-44,643
| -40% | -$340K |
|
4066
Franklin Genomic Advancements ETF
HELX
$28.9M
| $460K | ﹤0.01% |
14,197
+3,374
| +31% | +$110K |
|
4067
CorMedix
CRMD
$588M
| $459K | ﹤0.01% |
56,765
+8,687
| +18% | +$47K |
|
4068
Mattel
MAT
$4.36B
| $458K | ﹤0.01% |
24,051
+6,070
| +34% | +$112K |
|
4069
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF
SIXO
$123M
| $458K | ﹤0.01% |
14,408
+2,375
| +20% | +$73.3K |
|
4070
Werner Enterprises
WERN
$2.21B
| $457K | ﹤0.01% |
11,847
+1,485
| +14% | +$55K |
|
4071
Scorpio Tankers
STNG
$3.91B
| $457K | ﹤0.01% |
6,407
+1,243
| +24% | +$90.8K |
|
4072
BlackRock MuniYield New York Quality Fund
MYN
$372M
| $457K | ﹤0.01% |
42,377
+4,187
| +11% | +$44.2K |
|
4073
Unitil
UTL
$967M
| $457K | ﹤0.01% |
7,538
+1,833
| +32% | +$107K |
|
4074
DoubleVerify
DV
$1.77B
| $455K | ﹤0.01% |
27,000
-5,421
| -17% | -$103K |
|
4075
Sensient Technologies
SXT
$5.37B
| $455K | ﹤0.01% |
5,666
-19
| -0.3% | -$1.44K |
|
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.