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 | |
|---|---|---|---|---|---|---|
1501
VanEck Retail ETF
RTH
$258M
| $9.48M | ﹤0.01% |
43,469
-289
| -0.7% | -$60K |
|
1502
CRH
CRH
$63.2B
| $9.48M | ﹤0.01% |
102,202
+18,219
| +22% | +$1.53M |
|
1503
Whirlpool
WHR
$2.43B
| $9.46M | ﹤0.01% |
88,365
-178,266
| -67% | -$17.9M |
|
1504
PUT
Citigroup
C
$222B
| $9.45M | ﹤0.01% |
150,900
+16,800
| +13% | +$1.04M |
|
1505
Owens Corning
OC
$11.2B
| $9.41M | ﹤0.01% |
53,320
-21,217
| -28% | -$3.57M |
|
1506
JPMorgan USD Emerging Markets Sovereign Bond ETF
JPMB
$67.2M
| $9.4M | ﹤0.01% |
231,448
+162,899
| +238% | +$6.46M |
|
1507
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $9.39M | ﹤0.01% |
124,128
+8,407
| +7% | +$634K |
|
|
QVMT
1508
Invesco S&P 500 Concentrated QVM ETF
QVMT
$130M
| $9.37M | ﹤0.01% |
188,275
-18,690
| -9% | -$913K |
|
1509
iShares iBonds Dec 2027 Term Treasury ETF
IBTH
$2.25B
| $9.33M | ﹤0.01% |
412,073
+121,357
| +42% | +$2.72M |
|
1510
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.79B
| $9.32M | ﹤0.01% |
161,653
-4,207
| -3% | -$234K |
|
1511
Dimensional US High Profitability ETF
DUHP
$12.2B
| $9.32M | ﹤0.01% |
273,427
+23,693
| +9% | +$776K |
|
1512
Brookfield
BN
$104B
| $9.31M | ﹤0.01% |
262,836
-5,280
| -2% | -$167K |
|
1513
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $9.3M | ﹤0.01% |
924,840
+12,259
| +1% | +$121K |
|
1514
Crocs
CROX
$6.14B
| $9.27M | ﹤0.01% |
64,040
-3,231
| -5% | -$441K |
|
1515
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.37B
| $9.26M | ﹤0.01% |
773,696
-25,681
| -3% | -$298K |
|
1516
Old Republic International
ORI
$10.5B
| $9.25M | ﹤0.01% |
261,197
+7,889
| +3% | +$267K |
|
1517
Align Technology
ALGN
$12.1B
| $9.24M | ﹤0.01% |
36,347
+11,829
| +48% | +$2.79M |
|
1518
Fidelity MSCI Real Estate Index ETF
FREL
$1.5B
| $9.23M | ﹤0.01% |
312,951
-10,969
| -3% | -$305K |
|
1519
BlackRock Science and Technology Trust
BST
$1.61B
| $9.22M | ﹤0.01% |
260,188
+22,310
| +9% | +$788K |
|
1520
iShares US Regional Banks ETF
IAT
$674M
| $9.22M | ﹤0.01% |
193,950
+6,365
| +3% | +$293K |
|
1521
Williams-Sonoma
WSM
$26.9B
| $9.21M | ﹤0.01% |
59,451
-2,221
| -4% | -$319K |
|
1522
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.29B
| $9.19M | ﹤0.01% |
627,559
-282,066
| -31% | -$3.96M |
|
1523
Arbor Realty Trust
ABR
$964M
| $9.18M | ﹤0.01% |
590,134
-35,224
| -6% | -$489K |
|
|
FCT
1524
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $9.16M | ﹤0.01% |
883,939
-291,272
| -25% | -$2.99M |
|
1525
Everest Group
EG
$14.5B
| $9.13M | ﹤0.01% |
23,313
+2,294
| +11% | +$874K |
|
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.