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 | |
|---|---|---|---|---|---|---|
1151
Canadian Pacific Kansas City
CP
$78.1B
| $16.4M | 0.01% |
191,950
-4,767
| -2% | -$392K |
|
1152
Targa Resources
TRGP
$58B
| $16.4M | 0.01% |
110,582
+6,923
| +7% | +$974K |
|
|
BLD
1153
DELISTED
TopBuild
BLD
| $16.3M | 0.01% |
40,146
+2,210
| +6% | +$891K |
|
1154
iShares US Healthcare Providers ETF
IHF
$1.21B
| $16.3M | 0.01% |
285,782
-12,536
| -4% | -$700K |
|
1155
Eversource Energy
ES
$26.9B
| $16.3M | 0.01% |
239,376
+13,848
| +6% | +$895K |
|
|
EIPI
1156
FT Energy Income Partners Enhanced Income ETF
EIPI
$1.07B
| $16.3M | 0.01% |
840,886
+18,288
| +2% | +$348K |
|
1157
FT Vest Buffered Allocation Growth ETF
BUFG
$327M
| $16.3M | 0.01% |
674,617
+121,461
| +22% | +$2.85M |
|
1158
BlackRock Short Maturity Municipal Bond ETF
MEAR
$1.36B
| $16.2M | 0.01% |
322,859
+22,537
| +8% | +$1.13M |
|
1159
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$429M
| $16.2M | 0.01% |
972,352
+198,924
| +26% | +$3.24M |
|
1160
Bruker
BRKR
$9.57B
| $16.1M | 0.01% |
232,980
+3,705
| +2% | +$239K |
|
1161
State Street SPDR S&P Capital Markets ETF
KCE
$456M
| $16.1M | 0.01% |
128,812
-21,077
| -14% | -$2.49M |
|
1162
Bentley Systems
BSY
$10.8B
| $16.1M | 0.01% |
316,445
+19,969
| +7% | +$983K |
|
1163
Jackson Financial
JXN
$8.53B
| $16M | 0.01% |
175,871
+9,803
| +6% | +$818K |
|
1164
Invesco 0-5 Yr US TIPS ETF
PBTP
$106M
| $16M | 0.01% |
627,131
-76,530
| -11% | -$1.94M |
|
1165
iShares iBonds Dec 2026 Term Treasury ETF
IBTG
$2.24B
| $15.9M | 0.01% |
690,017
+115,417
| +20% | +$2.64M |
|
1166
Lennox International
LII
$14.4B
| $15.9M | 0.01% |
26,261
+3,123
| +13% | +$1.78M |
|
1167
Edwards Lifesciences
EW
$49.6B
| $15.9M | 0.01% |
240,461
-81,890
| -25% | -$5.95M |
|
1168
HubSpot
HUBS
$12.2B
| $15.9M | 0.01% |
29,829
-949
| -3% | -$477K |
|
1169
Fidelity High Yield Factor ETF
FDHY
$566M
| $15.9M | 0.01% |
321,471
+83,874
| +35% | +$4.08M |
|
1170
Manulife Financial
MFC
$73.9B
| $15.8M | 0.01% |
534,998
-12,493
| -2% | -$336K |
|
1171
Cincinnati Financial
CINF
$27.3B
| $15.8M | 0.01% |
115,926
-2,225
| -2% | -$288K |
|
1172
Citizens Financial Group
CFG
$30.3B
| $15.8M | 0.01% |
384,096
+51,672
| +16% | +$2.09M |
|
1173
West Pharmaceutical
WST
$24B
| $15.7M | 0.01% |
52,456
-20,053
| -28% | -$6.14M |
|
1174
Invesco KBW Property & Casualty Insurance ETF
KBWP
$267M
| $15.7M | 0.01% |
136,227
-19,205
| -12% | -$2.11M |
|
1175
iShares ESG Advanced MSCI EAFE ETF
DMXF
$992M
| $15.7M | 0.01% |
218,326
+33,638
| +18% | +$2.33M |
|
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.