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 | |
|---|---|---|---|---|---|---|
1801
Pentair
PNR
$10.4B
| $6.3M | ﹤0.01% |
64,429
+4,084
| +7% | +$349K |
|
1802
RBC Bearings
RBC
$17.4B
| $6.29M | ﹤0.01% |
21,016
+2,864
| +16% | +$824K |
|
1803
iShares Micro-Cap ETF
IWC
$1.44B
| $6.27M | ﹤0.01% |
50,826
+22,749
| +81% | +$2.75M |
|
1804
First Trust SSI Strategic Convertible Securities ETF
FCVT
$113M
| $6.26M | ﹤0.01% |
175,390
-12,137
| -6% | -$418K |
|
1805
ITT
ITT
$17.5B
| $6.26M | ﹤0.01% |
41,876
-76
| -0.2% | -$10.3K |
|
1806
A.O. Smith
AOS
$8.17B
| $6.2M | ﹤0.01% |
69,043
+12,047
| +21% | +$997K |
|
|
AOD
1807
abrdn Total Dynamic Dividend Fund
AOD
$1.11B
| $6.2M | ﹤0.01% |
681,080
-56,698
| -8% | -$493K |
|
1808
WisdomTree Yield Enhanced US Short-Term Aggregate Bond Fund
SHAG
$47.1M
| $6.2M | ﹤0.01% |
129,180
+5,686
| +5% | +$271K |
|
1809
Dollar Tree
DLTR
$24.4B
| $6.19M | ﹤0.01% |
88,002
+3,716
| +4% | +$339K |
|
1810
iShares ESG Screened S&P 500 ETF
XVV
$648M
| $6.19M | ﹤0.01% |
139,888
+17,571
| +14% | +$749K |
|
1811
ZIM Integrated Shipping Services
ZIM
$3.04B
| $6.18M | ﹤0.01% |
240,771
+152,611
| +173% | +$2.97M |
|
1812
Pacer US Cash Cows Growth ETF
BUL
$132M
| $6.17M | ﹤0.01% |
133,891
+9,731
| +8% | +$427K |
|
1813
HDFC Bank
HDB
$123B
| $6.17M | ﹤0.01% |
197,206
+24,588
| +14% | +$756K |
|
1814
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$289M
| $6.17M | ﹤0.01% |
151,164
-2,519
| -2% | -$99.1K |
|
1815
BNY Mellon Core Bond ETF
BKAG
$2.16B
| $6.16M | ﹤0.01% |
142,853
+8,710
| +6% | +$371K |
|
1816
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$349M
| $6.16M | ﹤0.01% |
96,595
+44,916
| +87% | +$2.76M |
|
1817
EXL Service
EXLS
$5.14B
| $6.15M | ﹤0.01% |
161,299
+41,479
| +35% | +$1.45M |
|
1818
BlackRock Resources & Commodities Strategy Trust
BCX
$919M
| $6.14M | ﹤0.01% |
639,640
-3,315
| -0.5% | -$30.5K |
|
|
WCN
1819
Waste Connections
WCN
$42.2B
| $6.14M | ﹤0.01% |
34,324
+293
| +0.9% | +$53K |
|
1820
BlackRock Credit Allocation Income Trust
BTZ
$930M
| $6.13M | ﹤0.01% |
543,641
-266,769
| -33% | -$2.91M |
|
1821
Roblox
RBLX
$25.4B
| $6.12M | ﹤0.01% |
138,345
+3,319
| +2% | +$138K |
|
1822
VeriSign
VRSN
$26.2B
| $6.12M | ﹤0.01% |
32,229
+8,295
| +35% | +$1.5M |
|
1823
Lloyds Banking Group
LYG
$89.5B
| $6.11M | ﹤0.01% |
1,959,532
+345,702
| +21% | +$1.04M |
|
1824
Alcoa
AA
$11.9B
| $6.09M | ﹤0.01% |
157,945
-3,158
| -2% | -$108K |
|
1825
Restaurant Brands International
QSR
$25.7B
| $6.09M | ﹤0.01% |
84,418
-3,762
| -4% | -$264K |
|
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.