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 | |
|---|---|---|---|---|---|---|
1476
Convergence Long/Short Equity ETF
CLSE
$793M
| $9.85M | ﹤0.01% |
442,077
+143,742
| +48% | +$3.07M |
|
1477
Vanguard US Momentum Factor ETF
VFMO
$1.77B
| $9.81M | ﹤0.01% |
60,979
-4,118
| -6% | -$634K |
|
1478
Bunge Global
BG
$20.4B
| $9.8M | ﹤0.01% |
101,356
+18,448
| +22% | +$1.89M |
|
1479
TechnipFMC
FTI
$28.1B
| $9.78M | ﹤0.01% |
372,969
-37,089
| -9% | -$983K |
|
1480
iShares Inflation Hedged Corporate Bond ETF
LQDI
$69.7M
| $9.77M | ﹤0.01% |
364,357
+20,485
| +6% | +$538K |
|
1481
Fidelity Low Volatility Factor ETF
FDLO
$1.44B
| $9.75M | ﹤0.01% |
158,844
+20,519
| +15% | +$1.21M |
|
1482
Twilio
TWLO
$30B
| $9.74M | ﹤0.01% |
149,374
+52,709
| +55% | +$3.15M |
|
1483
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
| $9.73M | ﹤0.01% |
326,738
-8,834
| -3% | -$254K |
|
|
CTRA
1484
DELISTED
Coterra Energy
CTRA
| $9.73M | ﹤0.01% |
406,287
-25,371
| -6% | -$626K |
|
1485
Invesco AAA CLO Floating Rate Note ETF
ICLO
$513M
| $9.71M | ﹤0.01% |
378,892
+194,719
| +106% | +$5M |
|
1486
VanEck Morningstar International Moat ETF
MOTI
$74.2M
| $9.71M | ﹤0.01% |
277,016
+191,675
| +225% | +$6.21M |
|
1487
First Trust Indxx Aerospace & Defense ETF
MISL
$742M
| $9.7M | ﹤0.01% |
305,800
+18,574
| +6% | +$557K |
|
1488
Zimmer Biomet
ZBH
$18.2B
| $9.67M | ﹤0.01% |
89,599
-5,236
| -6% | -$571K |
|
1489
iShares Russell 2500 ETF
SMMD
$3.55B
| $9.65M | ﹤0.01% |
142,500
-68,483
| -32% | -$4.47M |
|
1490
AES
AES
$10.5B
| $9.65M | ﹤0.01% |
481,011
-66,879
| -12% | -$1.18M |
|
1491
FT Vest US Equity Buffer ETF November
FNOV
$1.21B
| $9.63M | ﹤0.01% |
204,093
-3,654
| -2% | -$170K |
|
1492
Global Payments
GPN
$23B
| $9.62M | ﹤0.01% |
93,932
+18,771
| +25% | +$1.95M |
|
1493
Hubbell
HUBB
$25B
| $9.6M | ﹤0.01% |
22,416
+2,075
| +10% | +$798K |
|
1494
US Global Jets ETF
JETS
$776M
| $9.59M | ﹤0.01% |
462,612
-69,537
| -13% | -$1.31M |
|
1495
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR
$106M
| $9.56M | ﹤0.01% |
251,572
+21,843
| +10% | +$781K |
|
1496
Cloudflare
NET
$99B
| $9.56M | ﹤0.01% |
118,182
-937
| -0.8% | -$75.3K |
|
1497
Franklin US Small Cap Multifactor Index ETF
FLQS
$51.8M
| $9.52M | ﹤0.01% |
224,373
+23,120
| +11% | +$941K |
|
1498
VanEck Mortgage REIT Income ETF
MORT
$360M
| $9.49M | ﹤0.01% |
786,416
+86,030
| +12% | +$1M |
|
1499
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$274M
| $9.49M | ﹤0.01% |
492,960
+307,727
| +166% | +$5.9M |
|
1500
Charles River Laboratories
CRL
$11.2B
| $9.49M | ﹤0.01% |
48,171
+5,458
| +13% | +$1.13M |
|
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.