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 | |
|---|---|---|---|---|---|---|
|
NREF
4076
NexPoint Real Estate Finance
NREF
$327M
| $454K | ﹤0.01% |
29,048
+1,197
| +4% | +$18K |
|
4077
BRC Inc
BRCC
$130M
| $454K | ﹤0.01% |
132,736
+6,145
| +5% | +$28.2K |
|
4078
PUT
Zillow
Z
$7.94B
| $453K | ﹤0.01% |
7,100
| – | – |
|
4079
Live Oak Bancshares
LOB
$2.02B
| $453K | ﹤0.01% |
9,569
+1,527
| +19% | +$63.9K |
|
4080
Ecopetrol
EC
$34.1B
| $453K | ﹤0.01% |
50,747
-2,692
| -5% | -$27.2K |
|
|
SPPP
4081
Sprott Physical Platinum and Palladium Trust
SPPP
$572M
| $453K | ﹤0.01% |
46,081
+8,871
| +24% | +$85K |
|
4082
Mayville Engineering Co
MEC
$664M
| $452K | ﹤0.01% |
21,458
-822
| -4% | -$15.4K |
|
4083
Encore Capital Group
ECPG
$2.1B
| $452K | ﹤0.01% |
9,557
+178
| +2% | +$8.45K |
|
4084
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$231M
| $452K | ﹤0.01% |
14,834
-4,242
| -22% | -$123K |
|
4085
Costamare
CMRE
$1.86B
| $451K | ﹤0.01% |
28,694
+13,522
| +89% | +$195K |
|
4086
Xometry
XMTR
$4.91B
| $451K | ﹤0.01% |
24,537
+5,909
| +32% | +$97K |
|
4087
Tenable Holdings
TENB
$3.83B
| $449K | ﹤0.01% |
11,074
-2,937
| -21% | -$123K |
|
4088
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $449K | ﹤0.01% |
+9,900
| New | +$432K |
|
4089
Seadrill
SDRL
$2.67B
| $449K | ﹤0.01% |
11,288
+4,582
| +68% | +$211K |
|
4090
CALL
Ginkgo Bioworks
DNA
$584M
| $448K | ﹤0.01% |
55,000
+53,625
| +3,900% | +$537K |
|
4091
CALL
Intel
INTC
$461B
| $448K | ﹤0.01% |
19,100
+1,600
| +9% | +$40K |
|
4092
Eagle Bancorp
EGBN
$847M
| $447K | ﹤0.01% |
+19,779
| New | +$415K |
|
4093
Marcus & Millichap
MMI
$1.16B
| $446K | ﹤0.01% |
11,257
+517
| +5% | +$19.5K |
|
4094
Zacks Earnings Consistent Portfolio ETF
ZECP
$364M
| $446K | ﹤0.01% |
14,462
+6,674
| +86% | +$199K |
|
4095
PUT
Home Depot
HD
$336B
| $446K | ﹤0.01% |
1,100
+200
| +22% | +$72.9K |
|
4096
Cousins Properties
CUZ
$5.22B
| $446K | ﹤0.01% |
15,114
-1,196
| -7% | -$32.2K |
|
4097
Resources Connection
RGP
$154M
| $445K | ﹤0.01% |
45,925
+9,320
| +25% | +$96.3K |
|
4098
AllianzIM U.S. Equity Buffer10 Dec ETF
DECT
$126M
| $445K | ﹤0.01% |
+13,974
| New | +$438K |
|
4099
Rhythm Pharmaceuticals
RYTM
$6.9B
| $445K | ﹤0.01% |
8,498
+1,620
| +24% | +$77.6K |
|
4100
Kadant
KAI
$3.8B
| $445K | ﹤0.01% |
1,316
-22
| -2% | -$7.03K |
|
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.