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 | |
|---|---|---|---|---|---|---|
4726
SP Funds Dow Jones Global Sukuk ETF
SPSK
$650M
| $197K | ﹤0.01% |
+10,712
| New | +$194K |
|
|
ELME
4727
Elme Communities
ELME
$143M
| $197K | ﹤0.01% |
+11,182
| New | +$190K |
|
|
PVBC
4728
DELISTED
Provident Bancorp
PVBC
| $196K | ﹤0.01% |
+18,167
| New | +$194K |
|
|
CLLS
4729
Cellectis
CLLS
$277M
| $196K | ﹤0.01% |
92,372
+585
| +0.6% | +$1.27K |
|
4730
Star Group
SGU
$412M
| $196K | ﹤0.01% |
16,656
-290
| -2% | -$3.29K |
|
4731
Global X ClimateTech ETF
CTEC
$23.6M
| $195K | ﹤0.01% |
4,674
+107
| +2% | +$4.26K |
|
4732
Ginkgo Bioworks
DNA
$528M
| $195K | ﹤0.01% |
23,917
+9,124
| +62% | +$91.4K |
|
4733
Eldorado Gold
EGO
$7.87B
| $195K | ﹤0.01% |
+11,221
| New | +$189K |
|
4734
908 Devices
MASS
$329M
| $194K | ﹤0.01% |
55,992
+2,407
| +4% | +$10.7K |
|
|
PNF
4735
DELISTED
PIMCO New York Municipal Income Fund
PNF
| $194K | ﹤0.01% |
23,370
-2,369
| -9% | -$18.9K |
|
4736
ProShares Trust Short MSCI Emerging Markets
EUM
$9.65M
| $194K | ﹤0.01% |
+7,759
| New | +$207K |
|
|
CHMI
4737
Cherry Hill Mortgage Investment Corp
CHMI
$83M
| $193K | ﹤0.01% |
53,143
+20,884
| +65% | +$76.1K |
|
4738
Biomea Fusion
BMEA
$84.6M
| $193K | ﹤0.01% |
19,094
-5,000
| -21% | -$32.5K |
|
4739
Rocket Pharmaceuticals
RCKT
$340M
| $192K | ﹤0.01% |
10,393
-86
| -0.8% | -$1.76K |
|
|
ERH
4740
Allspring Utilities & High Income Fund
ERH
$105M
| $192K | ﹤0.01% |
17,199
-4,144
| -19% | -$43.2K |
|
|
ORC
4741
Orchid Island Capital
ORC
$1.3B
| $192K | ﹤0.01% |
23,311
-18,247
| -44% | -$150K |
|
4742
Gray Television
GTN
$415M
| $191K | ﹤0.01% |
35,596
-24,305
| -41% | -$125K |
|
|
CMU
4743
DELISTED
MFS High Yield Municipal Trust
CMU
| $191K | ﹤0.01% |
52,030
-13,871
| -21% | -$49.3K |
|
4744
Gold Royalty Corp
GROY
$600M
| $190K | ﹤0.01% |
140,005
-37,980
| -21% | -$51.6K |
|
4745
Unicycive Therapeutics
UNCY
$137M
| $190K | ﹤0.01% |
46,601
+38,101
| +448% | +$153K |
|
|
INN
4746
Summit Hotel Properties
INN
$746M
| $189K | ﹤0.01% |
27,609
+12,645
| +85% | +$80.5K |
|
4747
Brookdale Senior Living
BKD
$3.49B
| $189K | ﹤0.01% |
27,859
-996
| -3% | -$7.11K |
|
4748
DarioHealth
DRIO
$70.9M
| $188K | ﹤0.01% |
8,408
+4,268
| +103% | +$86.5K |
|
|
INSI
4749
DELISTED
Insight Select Income Fund
INSI
| $188K | ﹤0.01% |
10,659
+603
| +6% | +$10.1K |
|
4750
Real Brokerage
REAX
$349M
| $188K | ﹤0.01% |
33,788
+3,573
| +12% | +$20.3K |
|
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.