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 | |
|---|---|---|---|---|---|---|
1251
Cooper Companies
COO
$14.1B
| $13.9M | 0.01% |
125,858
+15,693
| +14% | +$1.53M |
|
1252
Goldman Sachs Access High Yield Corporate Bond ETF
GHYB
$134M
| $13.9M | 0.01% |
304,048
+7,289
| +2% | +$326K |
|
|
OWNS
1253
CCM Affordable Housing MBS ETF
OWNS
$104M
| $13.8M | 0.01% |
787,425
+28,398
| +4% | +$494K |
|
1254
Invesco KBW Bank ETF
KBWB
$6.84B
| $13.8M | 0.01% |
235,119
+16,093
| +7% | +$916K |
|
1255
Ventas
VTR
$48B
| $13.8M | 0.01% |
214,614
+14,933
| +7% | +$872K |
|
1256
ALPS Sector Dividend Dogs ETF
SDOG
$1.4B
| $13.8M | 0.01% |
233,275
-70,843
| -23% | -$3.99M |
|
1257
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
| $13.7M | 0.01% |
498,390
-53,710
| -10% | -$1.46M |
|
1258
AB Disruptors ETF
FWD
$2.93B
| $13.7M | 0.01% |
175,341
+14,488
| +9% | +$1.1M |
|
1259
Rollins
ROL
$18.3B
| $13.7M | 0.01% |
271,124
+41,729
| +18% | +$2.06M |
|
1260
Nuveen ESG Mid-Cap Value ETF
NUMV
$444M
| $13.7M | 0.01% |
372,200
+9,204
| +3% | +$321K |
|
1261
Pinterest
PINS
$13.4B
| $13.7M | 0.01% |
423,263
+49,453
| +13% | +$1.68M |
|
1262
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.57B
| $13.7M | 0.01% |
270,287
+157,606
| +140% | +$7.95M |
|
1263
CarMax
KMX
$8.13B
| $13.7M | 0.01% |
176,820
+25,049
| +17% | +$1.98M |
|
1264
Emcor
EME
$35.2B
| $13.7M | 0.01% |
31,739
+3,247
| +11% | +$1.23M |
|
1265
Toronto Dominion Bank
TD
$198B
| $13.6M | 0.01% |
215,360
+4,165
| +2% | +$246K |
|
1266
Canadian National Railway
CNI
$76.9B
| $13.6M | 0.01% |
116,046
+10,106
| +10% | +$1.18M |
|
1267
Cohen & Steers Infrastructure Fund
UTF
$3.11B
| $13.5M | 0.01% |
520,476
+58,035
| +13% | +$1.42M |
|
1268
JPMorgan Limited Duration Bond ETF
JPLD
$3.96B
| $13.5M | 0.01% |
259,764
+84,825
| +48% | +$4.39M |
|
1269
iShares Core US REIT ETF
USRT
$4.62B
| $13.5M | 0.01% |
219,203
+24,983
| +13% | +$1.46M |
|
1270
Generac Holdings
GNRC
$11.6B
| $13.5M | 0.01% |
84,944
-4,578
| -5% | -$679K |
|
1271
First Trust Natural Gas ETF
FCG
$647M
| $13.5M | 0.01% |
566,788
+9,402
| +2% | +$236K |
|
1272
PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
$580M
| $13.3M | 0.01% |
260,850
+226,561
| +661% | +$11.6M |
|
1273
Clean Harbors
CLH
$16.5B
| $13.3M | 0.01% |
55,156
+40,187
| +268% | +$9.45M |
|
1274
Avery Dennison
AVY
$13B
| $13.3M | 0.01% |
60,342
-511
| -0.8% | -$110K |
|
1275
Invesco AI and Next Gen Software ETF
IGPT
$1.15B
| $13.2M | 0.01% |
289,686
-14,866
| -5% | -$664K |
|
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.