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 | |
|---|---|---|---|---|---|---|
1601
JPMorgan Diversified Return International Equity ETF
JPIN
$368M
| $8.43M | ﹤0.01% |
140,252
+1,050
| +0.8% | +$60.6K |
|
|
X
1602
DELISTED
US Steel
X
| $8.42M | ﹤0.01% |
238,462
+36,908
| +18% | +$1.41M |
|
1603
Hartford Core Bond ETF
HCRB
$399M
| $8.41M | ﹤0.01% |
233,333
+46,614
| +25% | +$1.66M |
|
1604
Globus Medical
GMED
$10.7B
| $8.41M | ﹤0.01% |
117,561
+9,156
| +8% | +$646K |
|
1605
Sterling Infrastructure
STRL
$18.3B
| $8.4M | ﹤0.01% |
57,947
+8,541
| +17% | +$1.01M |
|
1606
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $8.37M | ﹤0.01% |
352,529
+50,005
| +17% | +$1.18M |
|
1607
Paycom
PAYC
$7.64B
| $8.36M | ﹤0.01% |
50,173
+17,520
| +54% | +$2.8M |
|
1608
Baidu
BIDU
$37.7B
| $8.31M | ﹤0.01% |
78,919
+12,739
| +19% | +$1.13M |
|
1609
VanEck Uranium + Nuclear Energy ETF
NLR
$3.82B
| $8.31M | ﹤0.01% |
99,425
+11,178
| +13% | +$863K |
|
1610
Vanguard S&P Small-Cap 600 Value ETF
VIOV
$1.85B
| $8.29M | ﹤0.01% |
89,678
+5,986
| +7% | +$535K |
|
1611
EQT Corp
EQT
$33.3B
| $8.29M | ﹤0.01% |
226,277
+63,317
| +39% | +$2.15M |
|
1612
Defiance Quantum ETF
QTUM
$5.23B
| $8.28M | ﹤0.01% |
132,642
-11,762
| -8% | -$720K |
|
|
RCS
1613
PIMCO Strategic Income Fund
RCS
$244M
| $8.26M | ﹤0.01% |
1,073,828
+288,525
| +37% | +$1.99M |
|
1614
Global X Dow 30 Covered Call ETF
DJIA
$185M
| $8.25M | ﹤0.01% |
358,147
+48,948
| +16% | +$1.1M |
|
1615
Quest Diagnostics
DGX
$25.7B
| $8.23M | ﹤0.01% |
53,029
+2,638
| +5% | +$394K |
|
1616
Hartford Municipal Opportunities ETF
HMOP
$777M
| $8.22M | ﹤0.01% |
208,664
-19,116
| -8% | -$747K |
|
1617
State Street Global Allocation ETF
GAL
$304M
| $8.22M | ﹤0.01% |
180,487
+25,644
| +17% | +$1.13M |
|
1618
PUT
Pfizer
PFE
$143B
| $8.21M | ﹤0.01% |
283,800
+243,800
| +610% | +$7.11M |
|
1619
BlackRock Enhanced Captial and Income Fund
CII
$988M
| $8.19M | ﹤0.01% |
415,948
-11,674
| -3% | -$226K |
|
1620
AdvisorShares Focused Equity ETF
CWS
$134M
| $8.17M | ﹤0.01% |
118,833
+4,532
| +4% | +$298K |
|
1621
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$275M
| $8.16M | ﹤0.01% |
208,113
-23,972
| -10% | -$817K |
|
|
ETJ
1622
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$567M
| $8.15M | ﹤0.01% |
885,141
+32,980
| +4% | +$295K |
|
1623
Federal Realty Investment Trust
FRT
$10.7B
| $8.15M | ﹤0.01% |
70,902
-616
| -0.9% | -$68.7K |
|
1624
ING
ING
$99.8B
| $8.13M | ﹤0.01% |
447,433
-4,086
| -0.9% | -$73K |
|
1625
Entegris
ENTG
$18.1B
| $8.12M | ﹤0.01% |
72,143
-19,880
| -22% | -$2.35M |
|
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.