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 | |
|---|---|---|---|---|---|---|
4201
Greystone Housing Impact Investors LP
GHI
$136M
| $399K | ﹤0.01% |
28,472
-273
| -0.9% | -$3.85K |
|
4202
Liberty Broadband Class C
LBRDK
$4.88B
| $399K | ﹤0.01% |
5,156
-295
| -5% | -$18.2K |
|
|
MHI
4203
DELISTED
Pioneer Municipal High Income Fund
MHI
| $398K | ﹤0.01% |
41,508
+14,521
| +54% | +$136K |
|
4204
IPG Photonics
IPGP
$3.61B
| $398K | ﹤0.01% |
5,359
-1,749
| -25% | -$131K |
|
4205
ProShares Short Russell2000
RWM
$134M
| $398K | ﹤0.01% |
21,040
-1,144
| -5% | -$22.6K |
|
|
KSM
4206
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $397K | ﹤0.01% |
39,008
-1,450
| -4% | -$14.6K |
|
4207
Quaker Houghton
KWR
$2.76B
| $396K | ﹤0.01% |
2,353
+508
| +28% | +$85.9K |
|
4208
Digi International
DGII
$2.63B
| $396K | ﹤0.01% |
14,369
-554
| -4% | -$14.6K |
|
4209
FlexShares Core Select Bond Fund
BNDC
$167M
| $395K | ﹤0.01% |
17,320
-617
| -3% | -$13.9K |
|
4210
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.21B
| $395K | ﹤0.01% |
5,500
-1,500
| -21% | -$103K |
|
|
EIC
4211
Eagle Point Income Co
EIC
$230M
| $394K | ﹤0.01% |
24,472
+5,790
| +31% | +$91K |
|
4212
Target Hospitality
TH
$1.51B
| $394K | ﹤0.01% |
50,674
-8,647
| -15% | -$80.8K |
|
|
AVNS
4213
DELISTED
Avanos Medical
AVNS
| $394K | ﹤0.01% |
16,376
+301
| +2% | +$6.88K |
|
4214
Ascendis Pharma A/S
ASND
$16B
| $391K | ﹤0.01% |
2,622
-252
| -9% | -$34K |
|
4215
Materion
MTRN
$4.39B
| $391K | ﹤0.01% |
3,499
+397
| +13% | +$44.2K |
|
4216
Anavex Life Sciences
AVXL
$255M
| $391K | ﹤0.01% |
68,855
+15,550
| +29% | +$89.7K |
|
4217
ARK Israel Innovative Technology ETF
IZRL
$138M
| $391K | ﹤0.01% |
19,727
-556
| -3% | -$10.9K |
|
4218
Rapid7
RPD
$645M
| $390K | ﹤0.01% |
9,769
-3,791
| -28% | -$142K |
|
|
PRMW
4219
DELISTED
Primo Water Corporation
PRMW
| $389K | ﹤0.01% |
15,404
-10,917
| -41% | -$244K |
|
|
SPTN
4220
DELISTED
SpartanNash
SPTN
| $388K | ﹤0.01% |
+17,332
| New | +$358K |
|
4221
First Bancorp
FBP
$4.42B
| $388K | ﹤0.01% |
18,330
-196
| -1% | -$3.99K |
|
|
PSTL
4222
Postal Realty Trust
PSTL
$694M
| $388K | ﹤0.01% |
26,501
+67
| +0.3% | +$961 |
|
|
AIOT
4223
PowerFleet Inc
AIOT
$526M
| $388K | ﹤0.01% |
77,552
-36,133
| -32% | -$172K |
|
4224
CALL
Biogen
BIIB
$30B
| $388K | ﹤0.01% |
2,000
| – | – |
|
4225
Tennant Co
TNC
$1.43B
| $387K | ﹤0.01% |
4,028
-13
| -0.3% | -$1.27K |
|
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.