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 | |
|---|---|---|---|---|---|---|
4651
LifeMD
LFMD
$169M
| $224K | ﹤0.01% |
42,666
-6,166
| -13% | -$35.5K |
|
4652
Monarch ProCap Index ETF
MPRO
$255M
| $223K | ﹤0.01% |
+7,355
| New | +$216K |
|
|
VLRS
4653
Controladora Vuela Compania de Aviacion
VLRS
$900M
| $223K | ﹤0.01% |
35,274
| – | – |
|
4654
Andersons Inc
ANDE
$2.41B
| $223K | ﹤0.01% |
4,449
+174
| +4% | +$8.62K |
|
4655
nLIGHT
LASR
$3.88B
| $223K | ﹤0.01% |
20,856
-6,100
| -23% | -$69K |
|
|
RVNC
4656
DELISTED
Revance Therapeutics, Inc.
RVNC
| $223K | ﹤0.01% |
42,905
-7,220
| -14% | -$35.9K |
|
|
ERC
4657
Allspring Multi-Sector Income Fund
ERC
$256M
| $222K | ﹤0.01% |
23,216
-896
| -4% | -$8.28K |
|
|
CIO
4658
DELISTED
City Office REIT
CIO
| $222K | ﹤0.01% |
38,026
+2,102
| +6% | +$11.9K |
|
4659
CALL
KraneShares CSI China Internet ETF
KWEB
$5.64B
| $221K | ﹤0.01% |
+6,500
| New | +$175K |
|
4660
PUT
Halliburton
HAL
$26.9B
| $221K | ﹤0.01% |
7,600
-13,800
| -64% | -$435K |
|
4661
Relay Therapeutics
RLAY
$4.1B
| $221K | ﹤0.01% |
31,182
-5,200
| -14% | -$38.8K |
|
4662
Virtus SEIX Senior Loan ETF
SEIX
$249M
| $221K | ﹤0.01% |
+9,273
| New | +$221K |
|
4663
Payoneer
PAYO
$2.42B
| $221K | ﹤0.01% |
29,290
-3,176
| -10% | -$20.6K |
|
|
NOVA
4664
DELISTED
Sunnova Energy
NOVA
| $219K | ﹤0.01% |
22,521
+2,320
| +11% | +$20.5K |
|
4665
City Holding Co
CHCO
$2.05B
| $219K | ﹤0.01% |
1,866
-34
| -2% | -$3.94K |
|
4666
Immersion
IMMR
$251M
| $219K | ﹤0.01% |
+24,550
| New | +$250K |
|
|
MPV
4667
Barings Participation Investors
MPV
$175M
| $218K | ﹤0.01% |
12,892
+1,350
| +12% | +$21.9K |
|
|
LB
4668
LandBridge Co
LB
$2.16B
| $218K | ﹤0.01% |
+5,578
| New | +$188K |
|
4669
Safety Insurance
SAFT
$1.52B
| $218K | ﹤0.01% |
+2,667
| New | +$219K |
|
|
AXNX
4670
DELISTED
Axonics, Inc. Common Stock
AXNX
| $218K | ﹤0.01% |
3,127
-1,274
| -29% | -$87.4K |
|
|
MOFG
4671
DELISTED
MidWestOne Financial Group
MOFG
| $218K | ﹤0.01% |
+7,628
| New | +$207K |
|
4672
CALL
Alphabet (Google) Class C
GOOG
$4.36T
| $217K | ﹤0.01% |
+1,300
| New | +$220K |
|
4673
Nicolet Bankshares
NIC
$3.6B
| $217K | ﹤0.01% |
2,272
-248
| -10% | -$23.2K |
|
|
LNW
4674
DELISTED
Light & Wonder
LNW
| $216K | ﹤0.01% |
2,386
-403
| -14% | -$42.2K |
|
4675
Virtus Investment Partners
VRTS
$1.06B
| $216K | ﹤0.01% |
1,030
-3
| -0.3% | -$642 |
|
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.