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 | |
|---|---|---|---|---|---|---|
1651
iShares Europe ETF
IEV
$1.67B
| $7.83M | ﹤0.01% |
134,419
-75,224
| -36% | -$4.23M |
|
1652
Cambria Global Asset Allocation ETF
GAA
$72.1M
| $7.81M | ﹤0.01% |
263,073
+13,874
| +6% | +$403K |
|
1653
Chord Energy
CHRD
$7.9B
| $7.81M | ﹤0.01% |
59,989
+11,491
| +24% | +$1.76M |
|
1654
HEICO Corp Class A
HEI.A
$36B
| $7.8M | ﹤0.01% |
38,267
+3,189
| +9% | +$605K |
|
1655
AeroVironment
AVAV
$7.56B
| $7.8M | ﹤0.01% |
38,886
+6,683
| +21% | +$1.2M |
|
1656
UGI
UGI
$7.74B
| $7.78M | ﹤0.01% |
311,081
+12,071
| +4% | +$291K |
|
1657
Textron
TXT
$14.7B
| $7.78M | ﹤0.01% |
87,861
+4,601
| +6% | +$406K |
|
1658
DexCom
DXCM
$31.5B
| $7.78M | ﹤0.01% |
116,089
+30,914
| +36% | +$2.54M |
|
1659
Bank of Montreal
BMO
$126B
| $7.76M | ﹤0.01% |
86,075
+12,748
| +17% | +$1.09M |
|
1660
Franklin US Core Bond ETF
FLCB
$3.01B
| $7.74M | ﹤0.01% |
351,787
+48,378
| +16% | +$1.05M |
|
1661
Innovator US Equity Power Buffer ETF October
POCT
$963M
| $7.74M | ﹤0.01% |
198,696
-18,516
| -9% | -$715K |
|
1662
Amplify Etho Climate Leadership US ETF
ETHO
$186M
| $7.73M | ﹤0.01% |
128,988
-1,868
| -1% | -$108K |
|
1663
Pacer US Export Leaders ETF
PEXL
$50.8M
| $7.68M | ﹤0.01% |
152,336
+9,241
| +6% | +$453K |
|
1664
BlackRock Multi-Sector Income Trust
BIT
$698M
| $7.68M | ﹤0.01% |
505,397
+35,194
| +7% | +$521K |
|
1665
BJs Wholesale Club
BJ
$12.5B
| $7.68M | ﹤0.01% |
93,067
+21,366
| +30% | +$1.81M |
|
1666
Reliance Steel & Aluminium
RS
$20.7B
| $7.67M | ﹤0.01% |
26,515
+1,064
| +4% | +$305K |
|
1667
Expedia Group
EXPE
$35.4B
| $7.66M | ﹤0.01% |
51,726
-728
| -1% | -$96.4K |
|
1668
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.1B
| $7.65M | ﹤0.01% |
309,924
+24,713
| +9% | +$591K |
|
1669
Natera
NTRA
$38.3B
| $7.63M | ﹤0.01% |
60,072
-4,254
| -7% | -$488K |
|
1670
Principal Active High Yield ETF
YLD
$571M
| $7.62M | ﹤0.01% |
390,241
+76,524
| +24% | +$1.48M |
|
1671
JB Hunt Transport Services
JBHT
$25.5B
| $7.61M | ﹤0.01% |
44,166
+640
| +1% | +$108K |
|
1672
VanEck Digital Transformation ETF
DAPP
$234M
| $7.61M | ﹤0.01% |
646,874
+24,801
| +4% | +$286K |
|
1673
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$581M
| $7.61M | ﹤0.01% |
296,491
-1,621
| -0.5% | -$41.4K |
|
|
DSL
1674
DoubleLine Income Solutions Fund
DSL
$1.22B
| $7.61M | ﹤0.01% |
586,004
+33,210
| +6% | +$424K |
|
1675
Mid-America Apartment Communities
MAA
$15.4B
| $7.61M | ﹤0.01% |
47,865
+3,714
| +8% | +$566K |
|
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.