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 | |
|---|---|---|---|---|---|---|
1626
Liberty Media Series C
FWONK
$24.6B
| $8.11M | ﹤0.01% |
104,775
+13,662
| +15% | +$1.05M |
|
1627
ResMed
RMD
$30.6B
| $8.11M | ﹤0.01% |
33,207
+2,137
| +7% | +$478K |
|
1628
Independence Realty Trust
IRT
$3.92B
| $8.1M | ﹤0.01% |
395,087
+65,297
| +20% | +$1.29M |
|
1629
Global X Autonomous & Electric Vehicles ETF
DRIV
$377M
| $8.07M | ﹤0.01% |
343,594
-97,957
| -22% | -$2.23M |
|
1630
State Street
STT
$50.6B
| $8.07M | ﹤0.01% |
91,166
-2,811
| -3% | -$232K |
|
|
WBA
1631
DELISTED
Walgreens Boots Alliance
WBA
| $8.06M | ﹤0.01% |
899,899
-106,913
| -11% | -$1.1M |
|
1632
Fidelity MSCI Energy Index ETF
FENY
$2.01B
| $8.05M | ﹤0.01% |
334,427
-23,103
| -6% | -$568K |
|
1633
VanEck India Growth Leaders ETF
GLIN
$96.2M
| $8.05M | ﹤0.01% |
147,426
+25,605
| +21% | +$1.35M |
|
1634
Pacer Cash Cows Fund of Funds ETF
HERD
$99.9M
| $8.04M | ﹤0.01% |
200,773
+1,704
| +0.9% | +$65.4K |
|
1635
JPMorgan US Tech Leaders ETF
JTEK
$4.1B
| $8.01M | ﹤0.01% |
116,673
+51,578
| +79% | +$3.42M |
|
1636
AB InBev
BUD
$170B
| $8.01M | ﹤0.01% |
120,778
+3,528
| +3% | +$218K |
|
1637
SPS Commerce
SPSC
$2.64B
| $8M | ﹤0.01% |
41,208
+8,444
| +26% | +$1.66M |
|
1638
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.72B
| $8M | ﹤0.01% |
247,919
+45,656
| +23% | +$1.36M |
|
1639
Fidelity Enhanced Large Cap Value ETF
FELV
$3.27B
| $7.96M | ﹤0.01% |
257,062
+195,735
| +319% | +$5.81M |
|
1640
Plains All American Pipeline
PAA
$17.3B
| $7.95M | ﹤0.01% |
457,469
+31,590
| +7% | +$566K |
|
1641
Tenet Healthcare
THC
$20.5B
| $7.94M | ﹤0.01% |
47,747
+11,387
| +31% | +$1.72M |
|
1642
OGE Energy
OGE
$9.78B
| $7.93M | ﹤0.01% |
193,246
-25,529
| -12% | -$991K |
|
1643
First Trust Dow Jones Select MicroCap Index Fund
FDM
$261M
| $7.91M | ﹤0.01% |
123,421
-1,885
| -2% | -$118K |
|
1644
Schwab International Small-Cap Equity ETF
SCHC
$5.39B
| $7.89M | ﹤0.01% |
204,682
-48,094
| -19% | -$1.77M |
|
1645
WisdomTree US MidCap Fund
EZM
$940M
| $7.88M | ﹤0.01% |
126,328
+6,471
| +5% | +$388K |
|
1646
Gabelli Dividend & Income Trust
GDV
$2.6B
| $7.87M | ﹤0.01% |
321,690
+2,127
| +0.7% | +$49.9K |
|
1647
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$456M
| $7.86M | ﹤0.01% |
296,170
+281,964
| +1,985% | +$7.53M |
|
1648
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$306M
| $7.84M | ﹤0.01% |
113,656
-23,495
| -17% | -$1.55M |
|
1649
Universal Health Services
UHS
$10.2B
| $7.84M | ﹤0.01% |
34,230
+11,531
| +51% | +$2.48M |
|
1650
Vale
VALE
$64.1B
| $7.84M | ﹤0.01% |
670,997
+66,344
| +11% | +$711K |
|
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.