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 | |
|---|---|---|---|---|---|---|
626
Ford
F
$59.3B
| $48.9M | 0.02% |
4,627,227
-172,253
| -4% | -$1.97M |
|
627
AB High Yield ETF
HYFI
$330M
| $48.6M | 0.02% |
1,292,382
+119,132
| +10% | +$4.41M |
|
628
Tractor Supply
TSCO
$15.8B
| $48.6M | 0.02% |
835,095
+82,575
| +11% | +$4.44M |
|
|
IBDQ
629
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $48.5M | 0.02% |
1,933,788
+125,376
| +7% | +$3.13M |
|
630
Dimensional US Small Cap ETF
DFAS
$15.4B
| $48.4M | 0.02% |
746,694
+117,451
| +19% | +$7.35M |
|
631
State Street SPDR S&P Semiconductor ETF
XSD
$2.69B
| $48.3M | 0.02% |
200,952
-9,543
| -5% | -$2.25M |
|
632
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $48.2M | 0.02% |
865,993
+96,674
| +13% | +$5.23M |
|
633
NXP Semiconductors
NXPI
$61.8B
| $48.2M | 0.02% |
200,658
+15,167
| +8% | +$3.8M |
|
634
Shell
SHEL
$250B
| $48.1M | 0.02% |
728,784
-15,107
| -2% | -$1.07M |
|
635
Alibaba
BABA
$279B
| $48.1M | 0.02% |
452,873
+16,191
| +4% | +$1.32M |
|
636
VictoryShares Free Cash Flow ETF
VFLO
$8.88B
| $48M | 0.02% |
1,442,892
+1,026,632
| +247% | +$32.9M |
|
637
Invesco Water Resources ETF
PHO
$2B
| $48M | 0.02% |
680,623
+12,033
| +2% | +$817K |
|
638
Quanta Services
PWR
$98.7B
| $47.8M | 0.02% |
160,383
+6,207
| +4% | +$1.64M |
|
639
Vanguard World Funds Extended Duration ETF
EDV
$3.26B
| $47.6M | 0.02% |
597,160
+260,999
| +78% | +$20.3M |
|
640
Fidelity High Dividend ETF
FDVV
$10.2B
| $47.4M | 0.02% |
935,552
+292,757
| +46% | +$14.3M |
|
641
Global X Russell 2000 Covered Call ETF
RYLD
$1.37B
| $47.3M | 0.02% |
2,926,979
+423,378
| +17% | +$6.78M |
|
642
Autodesk
ADSK
$49.6B
| $47.2M | 0.02% |
171,413
+6,379
| +4% | +$1.61M |
|
643
Global X MLP & Energy Infrastructure ETF
MLPX
$3.6B
| $47.1M | 0.02% |
865,775
+52,978
| +7% | +$2.8M |
|
644
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.63B
| $47M | 0.02% |
876,899
+442,912
| +102% | +$23.1M |
|
645
iShares Dow Jones US ETF
IYY
$2.93B
| $46.9M | 0.02% |
335,729
+7,248
| +2% | +$975K |
|
646
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $46.7M | 0.02% |
996,234
+52,356
| +6% | +$2.43M |
|
647
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.01B
| $46.6M | 0.02% |
1,410,395
+50,251
| +4% | +$1.56M |
|
648
Vanguard S&P Small-Cap 600 ETF
VIOO
$4.15B
| $46.6M | 0.02% |
430,626
+93,679
| +28% | +$9.75M |
|
649
iShares Core MSCI International Developed Markets ETF
IDEV
$31.9B
| $46.5M | 0.02% |
656,677
+59,384
| +10% | +$4.03M |
|
650
Fair Isaac
FICO
$24.6B
| $46.4M | 0.02% |
23,855
-2,452
| -9% | -$4.2M |
|
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.