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 | |
|---|---|---|---|---|---|---|
4601
Butterfly Network
BFLY
$1.89B
| $242K | ﹤0.01% |
136,805
-6,008
| -4% | -$7.52K |
|
4602
CryoPort
CYRX
$761M
| $242K | ﹤0.01% |
29,790
+5,977
| +25% | +$48.9K |
|
4603
Global X MSCI Norway ETF
NORW
$88M
| $239K | ﹤0.01% |
9,255
+913
| +11% | +$23.3K |
|
4604
AllianzIM U.S. Equity Buffer20 Jun ETF
JUNW
$370M
| $238K | ﹤0.01% |
8,055
-4,178
| -34% | -$121K |
|
4605
RPC Inc
RES
$1.24B
| $238K | ﹤0.01% |
37,461
+8,082
| +28% | +$50.9K |
|
|
ENV
4606
DELISTED
ENVESTNET, INC.
ENV
| $236K | ﹤0.01% |
3,774
-25,650
| -87% | -$1.6M |
|
4607
Bar Harbor Bankshares
BHB
$665M
| $236K | ﹤0.01% |
+7,653
| New | +$230K |
|
4608
FT Vest International Equity Moderate Buffer ETF December
YDEC
$160M
| $236K | ﹤0.01% |
+9,512
| New | +$229K |
|
|
DRD
4609
DRDGold
DRD
$1.77B
| $236K | ﹤0.01% |
24,454
+8,602
| +54% | +$79.5K |
|
4610
Exchange Listed Funds Trust ETC Cabana Target Leading Sector Moderate ETF
CLSM
$94.7M
| $235K | ﹤0.01% |
+11,039
| New | +$231K |
|
4611
M-tron Industries
MPTI
$356M
| $235K | ﹤0.01% |
5,642
-2,882
| -34% | -$99.9K |
|
4612
VSE Corp
VSEC
$5.45B
| $234K | ﹤0.01% |
+2,832
| New | +$247K |
|
|
EARN
4613
Ellington Residential Mortgage REIT
EARN
$162M
| $234K | ﹤0.01% |
+33,571
| New | +$233K |
|
4614
Sprout Social
SPT
$516M
| $234K | ﹤0.01% |
8,054
-8,072
| -50% | -$263K |
|
4615
NETGEAR
NTGR
$648M
| $234K | ﹤0.01% |
+11,670
| New | +$193K |
|
4616
Acadia Realty Trust
AKR
$3.09B
| $233K | ﹤0.01% |
9,920
-1,141
| -10% | -$24.3K |
|
4617
Quest Resource Holding
QRHC
$26.8M
| $232K | ﹤0.01% |
+29,134
| New | +$249K |
|
|
MHN
4618
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
| $232K | ﹤0.01% |
20,814
+7,048
| +51% | +$76.3K |
|
4619
Capital City Bank Group
CCBG
$888M
| $232K | ﹤0.01% |
+6,570
| New | +$216K |
|
4620
ACNB Corp
ACNB
$656M
| $232K | ﹤0.01% |
+5,306
| New | +$211K |
|
|
CMRC
4621
Commerce.com Inc Series 1
CMRC
$258M
| $231K | ﹤0.01% |
39,572
-4,722
| -11% | -$31.2K |
|
4622
Yelp
YELP
$1.45B
| $231K | ﹤0.01% |
+6,593
| New | +$230K |
|
4623
Community Trust Bancorp
CTBI
$1.42B
| $231K | ﹤0.01% |
4,657
-198
| -4% | -$9.47K |
|
4624
PC Connection
CNXN
$2.11B
| $231K | ﹤0.01% |
+3,065
| New | +$213K |
|
4625
Tootsie Roll Industries
TR
$2.93B
| $231K | ﹤0.01% |
7,909
+647
| +9% | +$18.4K |
|
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.