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 | |
|---|---|---|---|---|---|---|
4576
Ardmore Shipping
ASC
$710M
| $250K | ﹤0.01% |
13,837
+2,306
| +20% | +$44.5K |
|
4577
CALL
Cisco
CSCO
$457B
| $250K | ﹤0.01% |
+4,700
| New | +$229K |
|
4578
SLM Corp
SLM
$4.89B
| $250K | ﹤0.01% |
10,935
-652
| -6% | -$14.1K |
|
4579
FIGS
FIGS
$1.79B
| $250K | ﹤0.01% |
36,541
+6,020
| +20% | +$35.1K |
|
|
IAS
4580
DELISTED
Integral Ad Science
IAS
| $250K | ﹤0.01% |
+23,116
| New | +$248K |
|
4581
iShares Asia/Pacific Dividend ETF
DVYA
$71.6M
| $248K | ﹤0.01% |
6,415
-118
| -2% | -$4.31K |
|
|
BDN
4582
Brandywine Realty Trust
BDN
$524M
| $248K | ﹤0.01% |
45,652
-12,788
| -22% | -$63.6K |
|
4583
WisdomTree New Economy Real Estate Fund
WTRE
$15.6M
| $248K | ﹤0.01% |
12,473
-966
| -7% | -$18.2K |
|
4584
Lifestance Health
LFST
$4B
| $248K | ﹤0.01% |
35,457
-1,020
| -3% | -$6.13K |
|
4585
Applied Optoelectronics
AAOI
$7.57B
| $248K | ﹤0.01% |
17,343
-1,293
| -7% | -$13.4K |
|
4586
Aemetis
AMTX
$106M
| $248K | ﹤0.01% |
107,737
+5,100
| +5% | +$14.3K |
|
4587
PUT
Moderna
MRNA
$21.8B
| $247K | ﹤0.01% |
+3,700
| New | +$340K |
|
4588
Daktronics
DAKT
$955M
| $247K | ﹤0.01% |
19,133
-794
| -4% | -$11K |
|
4589
iShares MSCI Denmark ETF
EDEN
$204M
| $247K | ﹤0.01% |
1,944
+198
| +11% | +$25.2K |
|
4590
Scholastic
SCHL
$767M
| $247K | ﹤0.01% |
7,707
+753
| +11% | +$24K |
|
4591
Red River Bancshares
RRBI
$662M
| $245K | ﹤0.01% |
4,706
+3
| +0.1% | +$154 |
|
4592
Sunstone Hotel Investors
SHO
$2.19B
| $245K | ﹤0.01% |
23,705
-3,124
| -12% | -$31.9K |
|
4593
PUT
American Express
AXP
$227B
| $244K | ﹤0.01% |
+900
| New | +$224K |
|
4594
FT Vest US Equity Moderate Buffer ETF August
GAUG
$292M
| $244K | ﹤0.01% |
7,006
| – | – |
|
|
TPZ
4595
Tortoise Electrification Infrastructure ETF
TPZ
$127M
| $243K | ﹤0.01% |
13,432
+438
| +3% | +$7.57K |
|
4596
Great Southern Bancorp
GSBC
$874M
| $243K | ﹤0.01% |
4,244
+23
| +0.5% | +$1.34K |
|
|
KNO
4597
AXS Knowledge Leaders ETF
KNO
$43.8M
| $243K | ﹤0.01% |
+5,019
| New | +$231K |
|
4598
Array Technologies
ARRY
$803M
| $243K | ﹤0.01% |
36,762
-31,792
| -46% | -$261K |
|
4599
Beam Global
BEEM
$23.3M
| $243K | ﹤0.01% |
49,395
-9,564
| -16% | -$52.3K |
|
|
TEN
4600
Tsakos Energy Navigation Ltd
TEN
$1.21B
| $242K | ﹤0.01% |
9,655
-171
| -2% | -$4.34K |
|
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.