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 | |
|---|---|---|---|---|---|---|
1901
First Trust Japan AlphaDEX Fund
FJP
$249M
| $5.6M | ﹤0.01% |
103,192
-913
| -0.9% | -$47.6K |
|
1902
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.61B
| $5.58M | ﹤0.01% |
137,521
+9,907
| +8% | +$380K |
|
1903
iShares MSCI Pacific ex Japan ETF
EPP
$2.22B
| $5.58M | ﹤0.01% |
114,226
+12,469
| +12% | +$557K |
|
1904
Invesco BulletShares 2032 Municipal Bond ETF
BSMW
$212M
| $5.55M | ﹤0.01% |
216,728
+39,794
| +22% | +$1.01M |
|
|
BBT
1905
Beacon Financial Corp
BBT
$2.66B
| $5.55M | ﹤0.01% |
206,166
+156
| +0.1% | +$4.08K |
|
1906
VF Corp
VFC
$5.63B
| $5.54M | ﹤0.01% |
277,869
-18,375
| -6% | -$308K |
|
1907
RB Global
RBA
$20.4B
| $5.54M | ﹤0.01% |
68,863
+1,550
| +2% | +$126K |
|
1908
Mettler-Toledo International
MTD
$28.6B
| $5.54M | ﹤0.01% |
3,693
+1,709
| +86% | +$2.4M |
|
1909
Timothy Plan US Small Cap Core ETF
TPSC
$360M
| $5.53M | ﹤0.01% |
142,212
+15,161
| +12% | +$568K |
|
1910
Invesco International BuyBack Achievers ETF
IPKW
$551M
| $5.52M | ﹤0.01% |
128,883
+2,391
| +2% | +$98.7K |
|
1911
iShares Global Utilities ETF
JXI
$314M
| $5.52M | ﹤0.01% |
77,974
+42,536
| +120% | +$2.77M |
|
1912
Avantis Short-Term Fixed Income ETF
AVSF
$654M
| $5.51M | ﹤0.01% |
116,879
-6,488
| -5% | -$303K |
|
|
1913
PUT
Microsoft
MSFT
$3.45T
| $5.51M | ﹤0.01% |
12,800
+900
| +8% | +$385K |
|
1914
Dillards
DDS
$9.19B
| $5.51M | ﹤0.01% |
14,350
-238
| -2% | -$90.8K |
|
1915
Waters Corp
WAT
$37B
| $5.5M | ﹤0.01% |
15,286
+1,224
| +9% | +$398K |
|
|
EXAS
1916
DELISTED
Exact Sciences
EXAS
| $5.5M | ﹤0.01% |
80,697
+1,506
| +2% | +$85K |
|
1917
Invesco S&P Global Water Index ETF
CGW
$1.05B
| $5.5M | ﹤0.01% |
89,794
+1,051
| +1% | +$61.5K |
|
1918
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.1M
| $5.49M | ﹤0.01% |
143,976
-28,554
| -17% | -$1.04M |
|
1919
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$651M
| $5.49M | ﹤0.01% |
215,777
+4,834
| +2% | +$122K |
|
|
IGR
1920
CBRE Global Real Estate Income Fund
IGR
$709M
| $5.47M | ﹤0.01% |
833,321
+32,685
| +4% | +$193K |
|
1921
Onto Innovation
ONTO
$12.9B
| $5.47M | ﹤0.01% |
26,362
+4,896
| +23% | +$988K |
|
|
PCN
1922
PIMCO Corporate & Income Strategy Fund
PCN
$870M
| $5.47M | ﹤0.01% |
385,384
+20,895
| +6% | +$283K |
|
1923
Coca-Cola Consolidated
COKE
$12.5B
| $5.46M | ﹤0.01% |
41,480
+4,620
| +13% | +$566K |
|
1924
State Street SPDR S&P Retail ETF
XRT
$449M
| $5.46M | ﹤0.01% |
70,257
-136,526
| -66% | -$10.3M |
|
1925
WisdomTree US Multifactor Fund
USMF
$298M
| $5.46M | ﹤0.01% |
111,673
+16,124
| +17% | +$759K |
|
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.