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 | |
|---|---|---|---|---|---|---|
876
iShares US Small Cap Equity Factor ETF
SMLF
$4.09B
| $27.9M | 0.01% |
419,815
+90,769
| +28% | +$5.77M |
|
877
Welltower
WELL
$169B
| $27.7M | 0.01% |
216,190
+10,516
| +5% | +$1.23M |
|
878
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $27.6M | 0.01% |
3,415,069
+94,049
| +3% | +$730K |
|
879
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $27.5M | 0.01% |
565,927
+5,166
| +0.9% | +$249K |
|
880
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$292M
| $27.5M | 0.01% |
549,268
+12,880
| +2% | +$635K |
|
881
Invesco Dow Jones Industrial Average Dividend ETF
DJD
$482M
| $27.4M | 0.01% |
521,084
-46,868
| -8% | -$2.34M |
|
882
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $27.4M | 0.01% |
509,917
-7,362
| -1% | -$383K |
|
883
Nasdaq
NDAQ
$52.7B
| $27.3M | 0.01% |
374,303
+170,741
| +84% | +$11.7M |
|
884
ARK Genomic Revolution ETF
ARKG
$1.57B
| $27.1M | 0.01% |
1,057,275
-44,438
| -4% | -$1.13M |
|
885
Invesco S&P Ultra Dividend Revenue ETF
RDIV
$1.38B
| $27.1M | 0.01% |
541,988
-13,422
| -2% | -$644K |
|
886
First Trust Nasdaq Semiconductor ETF
FTXL
$2.09B
| $26.9M | 0.01% |
288,759
+15,088
| +6% | +$1.41M |
|
887
Copart
CPRT
$27B
| $26.9M | 0.01% |
512,955
+42,276
| +9% | +$2.2M |
|
|
BNY
888
Bank of New York Mellon
BNY
$106B
| $26.9M | 0.01% |
373,724
+57,253
| +18% | +$3.77M |
|
889
Dover
DOV
$27.6B
| $26.8M | 0.01% |
139,996
+13,079
| +10% | +$2.38M |
|
890
Invesco Dorsey Wright Momentum ETF
PDP
$1.46B
| $26.8M | 0.01% |
259,561
+44,071
| +20% | +$4.35M |
|
891
Airbnb
ABNB
$89.9B
| $26.7M | 0.01% |
210,792
+10,260
| +5% | +$1.33M |
|
892
Nordson
NDSN
$16.6B
| $26.6M | 0.01% |
101,400
+14,112
| +16% | +$3.45M |
|
893
Apollo Global Management
APO
$72.4B
| $26.6M | 0.01% |
213,092
+3,186
| +2% | +$368K |
|
894
Public Storage
PSA
$60.5B
| $26.6M | 0.01% |
73,071
+11,990
| +20% | +$3.89M |
|
895
Franklin Dynamic Municipal Bond ETF
FLMI
$2.29B
| $26.6M | 0.01% |
1,062,773
+157,898
| +17% | +$3.9M |
|
896
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$591M
| $26.6M | 0.01% |
553,045
-88,031
| -14% | -$4.06M |
|
897
FT Vest Laddered Moderate Buffer ETF
BUFZ
$1.01B
| $26.5M | 0.01% |
1,126,549
+997,340
| +772% | +$23M |
|
898
General Motors
GM
$80.4B
| $26.5M | 0.01% |
590,460
+45,572
| +8% | +$2.11M |
|
899
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$899M
| $26.4M | 0.01% |
1,127,134
+123,723
| +12% | +$2.88M |
|
900
Columbia Multi-Sector Municipal Income ETF
MUST
$593M
| $26.3M | 0.01% |
1,264,373
+254,806
| +25% | +$5.25M |
|
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.