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 | |
|---|---|---|---|---|---|---|
1526
Starwood Property Trust
STWD
$5.92B
| $9.13M | ﹤0.01% |
447,841
+30,007
| +7% | +$599K |
|
1527
Manhattan Associates
MANH
$11.2B
| $9.12M | ﹤0.01% |
32,403
+4,842
| +18% | +$1.23M |
|
1528
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.89B
| $9.07M | ﹤0.01% |
117,120
+17,784
| +18% | +$1.31M |
|
|
IBMM
1529
DELISTED
iShares iBonds Dec 2024 Term Muni Bond ETF
IBMM
| $9.07M | ﹤0.01% |
347,490
-93,646
| -21% | -$2.44M |
|
1530
Saia
SAIA
$9.27B
| $9.05M | ﹤0.01% |
20,702
+5,575
| +37% | +$2.36M |
|
1531
RELX
RELX
$61.8B
| $9.05M | ﹤0.01% |
190,707
+10,032
| +6% | +$465K |
|
|
FSCS
1532
First Trust SMID Capital Strength ETF
FSCS
$58M
| $9.05M | ﹤0.01% |
256,458
+28,469
| +12% | +$959K |
|
1533
Celsius Holdings
CELH
$7.47B
| $9.04M | ﹤0.01% |
288,182
+44,754
| +18% | +$1.88M |
|
1534
Dick's Sporting Goods
DKS
$17.5B
| $9M | ﹤0.01% |
43,141
+4,176
| +11% | +$892K |
|
1535
Simplify Short Term Treasury Futures Strategy ETF
TUA
$696M
| $8.97M | ﹤0.01% |
390,118
+209,344
| +116% | +$4.71M |
|
1536
CDW
CDW
$18.9B
| $8.97M | ﹤0.01% |
39,629
-1,322
| -3% | -$293K |
|
1537
Markel Group
MKL
$23.3B
| $8.96M | ﹤0.01% |
5,711
+353
| +7% | +$553K |
|
|
BSMP
1538
DELISTED
Invesco BulletShares 2025 Municipal Bond ETF
BSMP
| $8.96M | ﹤0.01% |
365,731
+51,369
| +16% | +$1.26M |
|
1539
Aptus Defined Risk ETF
DRSK
$1.51B
| $8.93M | ﹤0.01% |
315,433
+152,170
| +93% | +$4.22M |
|
1540
Cullen/Frost Bankers
CFR
$10.3B
| $8.91M | ﹤0.01% |
79,669
+1,260
| +2% | +$138K |
|
|
QIG
1541
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $8.89M | ﹤0.01% |
193,938
+8,091
| +4% | +$365K |
|
1542
NetApp
NTAP
$35B
| $8.89M | ﹤0.01% |
72,003
-141,962
| -66% | -$17.7M |
|
1543
Globant
GLOB
$1.58B
| $8.88M | ﹤0.01% |
44,813
+3,612
| +9% | +$698K |
|
1544
ProShares Short S&P500
SH
$907M
| $8.87M | ﹤0.01% |
204,376
+87,247
| +74% | +$3.95M |
|
1545
Global X SuperDividend REIT ETF
SRET
$233M
| $8.86M | ﹤0.01% |
394,215
+18,336
| +5% | +$394K |
|
1546
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$593M
| $8.83M | ﹤0.01% |
102,390
+18,801
| +22% | +$1.6M |
|
1547
AGF US Market Neutral Anti-Beta Fund
BTAL
$304M
| $8.83M | ﹤0.01% |
450,293
+79,094
| +21% | +$1.57M |
|
1548
Hormel Foods
HRL
$13.8B
| $8.82M | ﹤0.01% |
278,306
+60,640
| +28% | +$1.93M |
|
1549
Roku
ROKU
$21.5B
| $8.82M | ﹤0.01% |
118,139
-7,642
| -6% | -$490K |
|
1550
Houlihan Lokey
HLI
$8.77B
| $8.81M | ﹤0.01% |
55,761
+10,775
| +24% | +$1.61M |
|
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.