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 | |
|---|---|---|---|---|---|---|
|
EVV
1551
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $8.81M | ﹤0.01% |
838,004
-429,268
| -34% | -$4.31M |
|
1552
Pacer Data & Infrastructure Real Estate ETF
SRVR
$372M
| $8.8M | ﹤0.01% |
273,915
-29,401
| -10% | -$875K |
|
1553
Centene
CNC
$30.7B
| $8.8M | ﹤0.01% |
116,889
+4,374
| +4% | +$321K |
|
1554
VanEck Pharmaceutical ETF
PPH
$959M
| $8.79M | ﹤0.01% |
92,527
+5,225
| +6% | +$496K |
|
1555
Global X Adaptive US Factor ETF
AUSF
$900M
| $8.79M | ﹤0.01% |
205,794
+51,793
| +34% | +$2.14M |
|
1556
Principal Financial Group
PFG
$24.3B
| $8.78M | ﹤0.01% |
102,269
+2,491
| +2% | +$201K |
|
1557
Dynatrace
DT
$12.9B
| $8.77M | ﹤0.01% |
164,084
+26,186
| +19% | +$1.25M |
|
1558
First Trust Dorsey Wright International Focus 5 ETF
IFV
$227M
| $8.77M | ﹤0.01% |
416,847
-11,426
| -3% | -$231K |
|
1559
FT Vest US Equity Buffer ETF June
FJUN
$1.36B
| $8.77M | ﹤0.01% |
173,536
+1,423
| +0.8% | +$69.7K |
|
1560
Regency Centers
REG
$14.7B
| $8.77M | ﹤0.01% |
121,354
-560
| -0.5% | -$38.8K |
|
1561
iMGP DBi Managed Futures Strategy ETF
DBMF
$3.98B
| $8.75M | ﹤0.01% |
311,066
-227,752
| -42% | -$6.5M |
|
1562
Pacer US Large Cap Cash Cows Growth Leaders ETF
COWG
$2.23B
| $8.75M | ﹤0.01% |
304,442
+67,474
| +28% | +$1.84M |
|
1563
nVent Electric
NVT
$24.9B
| $8.74M | ﹤0.01% |
124,358
-36,949
| -23% | -$2.55M |
|
1564
FT Vest US Equity Buffer ETF December
FDEC
$1.32B
| $8.74M | ﹤0.01% |
199,570
+102,786
| +106% | +$4.42M |
|
|
IBMN
1565
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $8.73M | ﹤0.01% |
327,531
-40,969
| -11% | -$1.09M |
|
1566
DoorDash
DASH
$85.5B
| $8.73M | ﹤0.01% |
61,155
-6,541
| -10% | -$793K |
|
1567
Las Vegas Sands
LVS
$31.7B
| $8.73M | ﹤0.01% |
173,389
+13,508
| +8% | +$554K |
|
1568
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $8.71M | ﹤0.01% |
90,983
+10,384
| +13% | +$952K |
|
1569
Franklin FTSE India ETF
FLIN
$2.77B
| $8.69M | ﹤0.01% |
207,515
+41,142
| +25% | +$1.68M |
|
1570
Universal Display
OLED
$3.68B
| $8.68M | ﹤0.01% |
41,346
+24,709
| +149% | +$5.01M |
|
1571
Halozyme
HALO
$9.79B
| $8.68M | ﹤0.01% |
151,593
+36,762
| +32% | +$2.11M |
|
|
SCHQ
1572
Schwab Long-Term US Treasury ETF
SCHQ
$792M
| $8.68M | ﹤0.01% |
247,962
+150,320
| +154% | +$5.17M |
|
1573
Illumina
ILMN
$31B
| $8.68M | ﹤0.01% |
66,528
+2,738
| +4% | +$338K |
|
1574
Freshpet
FRPT
$2.93B
| $8.67M | ﹤0.01% |
63,387
+2,298
| +4% | +$301K |
|
1575
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.82B
| $8.66M | ﹤0.01% |
207,178
+5,831
| +3% | +$234K |
|
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.