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 | |
|---|---|---|---|---|---|---|
1101
Otis Worldwide
OTIS
$27.4B
| $18.1M | 0.01% |
174,031
+15,943
| +10% | +$1.52M |
|
1102
Fidelity National Information Services
FIS
$23.1B
| $18.1M | 0.01% |
215,822
+5,399
| +3% | +$426K |
|
1103
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.08B
| $18.1M | 0.01% |
352,896
+6,022
| +2% | +$288K |
|
1104
State Street DoubleLine Short Duration Total Return Tactical ETF
STOT
$501M
| $18.1M | 0.01% |
380,686
+68,227
| +22% | +$3.22M |
|
1105
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.15B
| $17.8M | 0.01% |
268,847
+15,849
| +6% | +$1.03M |
|
1106
AvalonBay Communities
AVB
$26.5B
| $17.8M | 0.01% |
79,018
+6,386
| +9% | +$1.38M |
|
1107
iShares Core Conservative Allocation ETF
AOK
$788M
| $17.8M | 0.01% |
459,837
+39,102
| +9% | +$1.48M |
|
1108
Sea Limited
SE
$65.4B
| $17.7M | 0.01% |
187,590
+24,259
| +15% | +$1.83M |
|
1109
eBay
EBAY
$50.6B
| $17.6M | 0.01% |
270,643
+60,519
| +29% | +$3.48M |
|
1110
Expeditors International
EXPD
$22B
| $17.6M | 0.01% |
134,077
+5,119
| +4% | +$627K |
|
1111
Seagate
STX
$194B
| $17.4M | 0.01% |
159,024
+15,897
| +11% | +$1.63M |
|
1112
iShares Morningstar Small-Cap Growth ETF
ISCG
$970M
| $17.4M | 0.01% |
354,750
+31,020
| +10% | +$1.46M |
|
1113
American Century Diversified Corporate Bond ETF
KORP
$869M
| $17.3M | 0.01% |
358,778
+72,678
| +25% | +$3.44M |
|
1114
Ferrari
RACE
$69.3B
| $17.3M | 0.01% |
36,862
+1,844
| +5% | +$827K |
|
1115
Brown & Brown
BRO
$23.6B
| $17.3M | 0.01% |
167,011
+5,865
| +4% | +$583K |
|
1116
Franklin Resources
BEN
$17.6B
| $17.3M | 0.01% |
858,621
+335,844
| +64% | +$7.24M |
|
1117
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$241M
| $17.3M | 0.01% |
420,255
+13,851
| +3% | +$555K |
|
1118
Fortinet
FTNT
$119B
| $17.2M | 0.01% |
222,146
+292
| +0.1% | +$19.9K |
|
1119
Agnico Eagle Mines
AEM
$73.6B
| $17.2M | 0.01% |
213,630
+6,801
| +3% | +$527K |
|
1120
Agilent Technologies
A
$39.1B
| $17.2M | 0.01% |
115,886
+10,495
| +10% | +$1.44M |
|
1121
Cohen & Steers REIT and Preferred and Income Fund
RNP
$982M
| $17.2M | 0.01% |
726,563
+22,096
| +3% | +$494K |
|
1122
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $17.2M | 0.01% |
456,260
+87,492
| +24% | +$3.16M |
|
1123
iShares MSCI Canada ETF
EWC
$6.13B
| $17.1M | 0.01% |
411,632
-19,658
| -5% | -$770K |
|
|
FSCO
1124
FS Credit Opportunities Corp
FSCO
$1B
| $17.1M | 0.01% |
2,688,176
-20,470
| -0.8% | -$129K |
|
1125
iShares Cybersecurity and Tech ETF
IHAK
$1B
| $17M | 0.01% |
349,540
-36,186
| -9% | -$1.7M |
|
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.