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 | |
|---|---|---|---|---|---|---|
4501
Hope Bancorp
HOPE
$1.79B
| $277K | ﹤0.01% |
+22,055
| New | +$270K |
|
4502
AdvisorShares Dorsey Wright FSM All Cap World ETF
DWAW
$91.1M
| $276K | ﹤0.01% |
+7,047
| New | +$269K |
|
4503
Ennis
EBF
$552M
| $276K | ﹤0.01% |
11,349
+88
| +0.8% | +$2.03K |
|
4504
Fortrea Holdings
FTRE
$1.82B
| $275K | ﹤0.01% |
13,758
-11,054
| -45% | -$260K |
|
4505
Cannae Holdings
CNNE
$639M
| $275K | ﹤0.01% |
14,432
+4,142
| +40% | +$79.6K |
|
4506
Vident International Equity Strategy
VIDI
$433M
| $274K | ﹤0.01% |
10,172
-221
| -2% | -$5.61K |
|
4507
Palomar
PLMR
$3.55B
| $273K | ﹤0.01% |
+2,888
| New | +$266K |
|
4508
Franklin FTSE Taiwan ETF
FLTW
$2.67B
| $273K | ﹤0.01% |
5,668
-180
| -3% | -$8.56K |
|
4509
Arlo Technologies
ARLO
$1.6B
| $273K | ﹤0.01% |
22,569
+6,025
| +36% | +$79.8K |
|
|
DFTX
4510
Definium Therapeutics
DFTX
$5.78B
| $273K | ﹤0.01% |
47,895
+1,630
| +4% | +$11.3K |
|
4511
Asana
ASAN
$1.92B
| $272K | ﹤0.01% |
23,497
-14,266
| -38% | -$188K |
|
4512
Huron Consulting
HURN
$2.41B
| $272K | ﹤0.01% |
+2,505
| New | +$266K |
|
4513
FT Vest SMID Rising Dividend Achievers Target Income ETF
SDVD
$918M
| $272K | ﹤0.01% |
12,335
-27,186
| -69% | -$583K |
|
4514
Franklin US Equity Index ETF
USPX
$2B
| $272K | ﹤0.01% |
5,407
-3,812
| -41% | -$185K |
|
4515
iShares iBonds 2030 Term High Yield and Income ETF
IBHJ
$151M
| $271K | ﹤0.01% |
10,103
+1,880
| +23% | +$49.6K |
|
4516
MiMedx Group
MDXG
$602M
| $271K | ﹤0.01% |
45,841
-2,180
| -5% | -$14.4K |
|
4517
Innovator Emerging Markets Power Buffer ETF July
EJUL
$178M
| $271K | ﹤0.01% |
10,606
-894
| -8% | -$22.1K |
|
4518
Norwood Financial Corp
NWFL
$370M
| $270K | ﹤0.01% |
9,784
| – | – |
|
4519
Colliers International
CIGI
$5.04B
| $270K | ﹤0.01% |
+1,776
| New | +$242K |
|
4520
Bitwise Crypto Industry Innovators ETF
BITQ
$382M
| $269K | ﹤0.01% |
20,200
+1,453
| +8% | +$19K |
|
4521
Dole
DOLE
$1.35B
| $269K | ﹤0.01% |
+16,500
| New | +$247K |
|
4522
Kearny Financial
KRNY
$604M
| $268K | ﹤0.01% |
+39,020
| New | +$257K |
|
4523
VOC Energy
VOC
$50.7M
| $268K | ﹤0.01% |
54,369
+2,240
| +4% | +$11.1K |
|
|
CSR
4524
Centerspace
CSR
$921M
| $268K | ﹤0.01% |
3,800
+610
| +19% | +$43.9K |
|
4525
BNY Mellon US Mid Cap Core Equity ETF
BKMC
$653M
| $268K | ﹤0.01% |
7,872
-1,167
| -13% | -$37.8K |
|
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.