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 | |
|---|---|---|---|---|---|---|
1376
Teledyne Technologies
TDY
$30.4B
| $11.4M | 0.01% |
26,142
+2,315
| +10% | +$960K |
|
1377
Fortive
FTV
$17.9B
| $11.4M | 0.01% |
192,213
+19,935
| +12% | +$1.1M |
|
1378
Harbor International Compounders ETF
OSEA
$484M
| $11.4M | 0.01% |
+394,154
| New | +$11M |
|
1379
J.M. Smucker
SJM
$12.7B
| $11.4M | 0.01% |
94,081
-11,076
| -11% | -$1.3M |
|
1380
Best Buy
BBY
$18.2B
| $11.4M | 0.01% |
110,290
-28,825
| -21% | -$2.6M |
|
1381
JPMorgan BetaBuilders Canada ETF
BBCA
$10.9B
| $11.4M | 0.01% |
157,045
+70,082
| +81% | +$4.81M |
|
1382
First Solar
FSLR
$22.7B
| $11.4M | 0.01% |
45,508
+11,245
| +33% | +$2.53M |
|
|
ARTY
1383
iShares Future AI & Tech ETF
ARTY
$3.49B
| $11.3M | 0.01% |
330,942
-19,297
| -6% | -$641K |
|
1384
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $11.3M | 0.01% |
507,949
-39,249
| -7% | -$876K |
|
|
IBHD
1385
DELISTED
iShares iBonds 2024 Term High Yield and Income ETF
IBHD
| $11.3M | 0.01% |
485,443
-190,153
| -28% | -$4.41M |
|
1386
Lamar Advertising Co
LAMR
$16.2B
| $11.3M | 0.01% |
84,564
+10,117
| +14% | +$1.24M |
|
1387
Adaptive Alpha Opportunities ETF
AGOX
$377M
| $11.3M | 0.01% |
390,717
-13,570
| -3% | -$383K |
|
1388
Steel Dynamics
STLD
$36B
| $11.3M | 0.01% |
89,331
+1,073
| +1% | +$130K |
|
1389
VanEck Short Muni ETF
SMB
$312M
| $11.3M | 0.01% |
651,001
+81,458
| +14% | +$1.4M |
|
1390
Jack Henry & Associates
JKHY
$10.9B
| $11.2M | 0.01% |
63,179
+6,736
| +12% | +$1.14M |
|
1391
Watsco Inc
WSO
$12.7B
| $11.1M | 0.01% |
22,659
+2,997
| +15% | +$1.44M |
|
1392
Nuveen Municipal Value Fund
NUV
$1.92B
| $11.1M | 0.01% |
1,233,395
+122,220
| +11% | +$1.08M |
|
1393
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$104M
| $11.1M | 0.01% |
310,547
-8,053
| -3% | -$278K |
|
1394
Saba Closed-End Funds ETF
CEFS
$425M
| $11.1M | ﹤0.01% |
498,774
+29,979
| +6% | +$647K |
|
1395
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $11.1M | ﹤0.01% |
459,021
+240,986
| +111% | +$5.75M |
|
1396
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$560M
| $11.1M | ﹤0.01% |
82,922
+365
| +0.4% | +$46.2K |
|
|
LRGG
1397
Nomura Focused Large Growth ETF
LRGG
$315M
| $11M | ﹤0.01% |
+407,612
| New | +$10.8M |
|
1398
Columbia India Consumer ETF
INCO
$234M
| $11M | ﹤0.01% |
143,480
+91,017
| +173% | +$6.69M |
|
1399
Marathon Digital Holdings
MARA
$4.32B
| $11M | ﹤0.01% |
679,417
-1,169
| -0.2% | -$21.2K |
|
1400
Dollar General
DG
$28B
| $11M | ﹤0.01% |
130,182
-311
| -0.2% | -$34.1K |
|
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.