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 | |
|---|---|---|---|---|---|---|
1451
Suncor Energy
SU
$79.4B
| $10.2M | ﹤0.01% |
276,144
+5,802
| +2% | +$224K |
|
1452
Simplify Aggregate Bond ETF
AGGH
$574M
| $10.2M | ﹤0.01% |
469,396
+267,860
| +133% | +$5.75M |
|
1453
BlackRock Taxable Municipal Bond Trust
BBN
$978M
| $10.1M | ﹤0.01% |
568,428
-293,574
| -34% | -$5.08M |
|
1454
First Trust Low Duration Strategic Focus ETF
LDSF
$161M
| $10.1M | ﹤0.01% |
527,672
-40,240
| -7% | -$764K |
|
1455
First Trust Europe AlphaDEX Fund
FEP
$526M
| $10.1M | ﹤0.01% |
259,560
+11,543
| +5% | +$438K |
|
1456
Haleon
HLN
$43.5B
| $10.1M | ﹤0.01% |
954,954
+25,257
| +3% | +$244K |
|
1457
iShares MSCI Brazil ETF
EWZ
$9.28B
| $10.1M | ﹤0.01% |
342,060
-111,203
| -25% | -$3.23M |
|
1458
Western Digital
WDC
$188B
| $10.1M | ﹤0.01% |
195,206
+19,070
| +11% | +$964K |
|
1459
Cameco
CCJ
$37.6B
| $10.1M | ﹤0.01% |
210,779
+10,073
| +5% | +$439K |
|
1460
Cohen & Steers Closed End Opportunity Fund
FOF
$377M
| $10.1M | ﹤0.01% |
773,820
+46,090
| +6% | +$568K |
|
1461
Invesco DB Agriculture Fund
DBA
$1.23B
| $10M | ﹤0.01% |
385,171
-41,190
| -10% | -$1.01M |
|
1462
Enphase Energy
ENPH
$4.96B
| $10M | ﹤0.01% |
88,807
+1,385
| +2% | +$155K |
|
1463
Dutch Bros
BROS
$9.03B
| $10M | ﹤0.01% |
313,321
-33,842
| -10% | -$1.19M |
|
1464
WisdomTree Dynamic International SmallCap Equity Fund
DDLS
$432M
| $10M | ﹤0.01% |
274,007
+8,977
| +3% | +$317K |
|
1465
Ferguson
FERG
$45.4B
| $10M | ﹤0.01% |
50,392
-2,000
| -4% | -$405K |
|
1466
VictoryShares US 500 Volatility Wtd ETF
CFA
$538M
| $10M | ﹤0.01% |
116,129
-4,238
| -4% | -$348K |
|
1467
Pacer Lunt Large Cap Multi-Factor Alternator ETF
PALC
$210M
| $9.98M | ﹤0.01% |
201,504
+52,055
| +35% | +$2.52M |
|
1468
Invesco S&P SmallCap Low Volatility ETF
XSLV
$248M
| $9.97M | ﹤0.01% |
207,088
+1,127
| +0.5% | +$52.5K |
|
|
SILA
1469
DELISTED
Sila Realty Trust
SILA
| $9.96M | ﹤0.01% |
393,652
+95,966
| +32% | +$2.25M |
|
1470
Davis Select Financial ETF
DFNL
$460M
| $9.94M | ﹤0.01% |
268,736
+52,679
| +24% | +$1.86M |
|
1471
Ollie's Bargain Outlet
OLLI
$4.44B
| $9.93M | ﹤0.01% |
102,208
+6,866
| +7% | +$662K |
|
1472
Allegion
ALLE
$13.4B
| $9.91M | ﹤0.01% |
68,005
+4,218
| +7% | +$558K |
|
|
1473
PUT
Apple
AAPL
$4.54T
| $9.88M | ﹤0.01% |
42,400
+800
| +2% | +$179K |
|
1474
Virtus Reaves Utilities ETF
UTES
$1.33B
| $9.88M | ﹤0.01% |
154,413
+67,794
| +78% | +$3.78M |
|
1475
iShares US Basic Materials ETF
IYM
$1.12B
| $9.87M | ﹤0.01% |
65,740
+1,888
| +3% | +$269K |
|
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.