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 | |
|---|---|---|---|---|---|---|
951
Deckers Outdoor
DECK
$13.2B
| $24M | 0.01% |
150,461
-26,863
| -15% | -$4.1M |
|
952
Cardinal Health
CAH
$53.9B
| $23.9M | 0.01% |
216,653
-18,284
| -8% | -$1.91M |
|
953
Invesco BulletShares 2031 Corporate Bond ETF
BSCV
$1.76B
| $23.9M | 0.01% |
1,433,674
+287,718
| +25% | +$4.73M |
|
954
Sprott Physical Gold
PHYS
$14.6B
| $23.9M | 0.01% |
1,172,617
+21,652
| +2% | +$417K |
|
955
GSK
GSK
$104B
| $23.9M | 0.01% |
584,366
+31,624
| +6% | +$1.29M |
|
|
DFAI
956
Dimensional International Core Equity Market ETF
DFAI
$17.4B
| $23.9M | 0.01% |
751,673
+416,730
| +124% | +$12.8M |
|
957
Hartford Multifactor Developed Markets ex-US ETF
RODM
$1.62B
| $23.9M | 0.01% |
782,741
+21,099
| +3% | +$614K |
|
958
Sprott Physical Gold and Silver Trust
CEF
$7.4B
| $23.8M | 0.01% |
971,504
+49,159
| +5% | +$1.14M |
|
|
PARA
959
DELISTED
Paramount Global Class B
PARA
| $23.7M | 0.01% |
2,229,882
+66,571
| +3% | +$724K |
|
960
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $23.6M | 0.01% |
388,014
+202,498
| +109% | +$11.9M |
|
961
Vanguard FTSE Pacific ETF
VPL
$8.08B
| $23.6M | 0.01% |
301,323
-1,738
| -0.6% | -$132K |
|
962
Vistra
VST
$50B
| $23.6M | 0.01% |
199,238
+20,330
| +11% | +$1.73M |
|
963
First Trust Short Duration Managed Municipal ETF
FSMB
$619M
| $23.6M | 0.01% |
1,179,539
-58,274
| -5% | -$1.16M |
|
964
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $23.6M | 0.01% |
369,920
-179,107
| -33% | -$10.7M |
|
965
Genuine Parts
GPC
$17.1B
| $23.4M | 0.01% |
167,845
+15,279
| +10% | +$2.12M |
|
966
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.05B
| $23.4M | 0.01% |
402,533
+13,542
| +3% | +$760K |
|
967
MSCI
MSCI
$41.6B
| $23.3M | 0.01% |
40,054
+10,223
| +34% | +$5.54M |
|
968
ARK Web x.0 ETF
ARKW
$1.63B
| $23.3M | 0.01% |
273,541
-48,302
| -15% | -$3.82M |
|
969
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.33B
| $23.3M | 0.01% |
257,832
-3,567
| -1% | -$315K |
|
970
Spotify
SPOT
$103B
| $23.2M | 0.01% |
62,938
+15,347
| +32% | +$5.1M |
|
|
BXMX
971
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $23.1M | 0.01% |
1,687,195
+28,984
| +2% | +$387K |
|
972
Simplify Health Care ETF
PINK
$375M
| $23.1M | 0.01% |
704,564
+413,200
| +142% | +$13.3M |
|
973
iShares MSCI Taiwan ETF
EWT
$9.86B
| $23.1M | 0.01% |
428,708
-31,275
| -7% | -$1.66M |
|
974
Amplify CEF High Income ETF
YYY
$717M
| $23.1M | 0.01% |
1,872,801
-118,645
| -6% | -$1.43M |
|
975
Avantis International Small Cap Value ETF
AVDV
$19B
| $23M | 0.01% |
325,654
+37,457
| +13% | +$2.52M |
|
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.