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 | |
|---|---|---|---|---|---|---|
1926
FT Vest Growth-100 Buffer ETF June
QJUN
$649M
| $5.46M | ﹤0.01% |
201,993
-8,921
| -4% | -$235K |
|
1927
Synchrony
SYF
$24.7B
| $5.45M | ﹤0.01% |
109,244
+8,040
| +8% | +$389K |
|
1928
Innovator US Equity Power Buffer ETF July
PJUL
$1.23B
| $5.45M | ﹤0.01% |
134,580
-53,847
| -29% | -$2.12M |
|
1929
WEX
WEX
$6.37B
| $5.45M | ﹤0.01% |
25,969
+1,297
| +5% | +$242K |
|
1930
WisdomTree Global High Dividend Fund
DEW
$148M
| $5.44M | ﹤0.01% |
99,236
+4,975
| +5% | +$263K |
|
1931
SEI Investments
SEIC
$12.4B
| $5.44M | ﹤0.01% |
78,557
+3,491
| +5% | +$233K |
|
1932
Inspire Corporate Bond ETF
IBD
$481M
| $5.43M | ﹤0.01% |
225,300
+58,394
| +35% | +$1.39M |
|
|
GARP
1933
iShares MSCI USA Quality GARP ETF
GARP
$2.57B
| $5.42M | ﹤0.01% |
+101,527
| New | +$5.23M |
|
1934
Franklin Short Duration US Government ETF
FTSD
$300M
| $5.4M | ﹤0.01% |
59,198
+2,637
| +5% | +$239K |
|
1935
Inspire Global Hope ETF
BLES
$160M
| $5.38M | ﹤0.01% |
136,095
-2,254
| -2% | -$85.3K |
|
1936
Prospect Capital
PSEC
$1.07B
| $5.38M | ﹤0.01% |
1,004,800
-62,122
| -6% | -$330K |
|
1937
BlackRock Debt Strategies Fund
DSU
$593M
| $5.37M | ﹤0.01% |
486,419
-2,956
| -0.6% | -$32.2K |
|
1938
PureCycle Technologies
PCT
$1.28B
| $5.36M | ﹤0.01% |
564,137
+68,085
| +14% | +$456K |
|
1939
PIMCO Ultra Short Government Active ETF
BILZ
$1B
| $5.36M | ﹤0.01% |
52,934
-13,065
| -20% | -$1.32M |
|
1940
Parsons
PSN
$4.72B
| $5.36M | ﹤0.01% |
51,678
+1,017
| +2% | +$91.2K |
|
1941
iShares Morningstar Small-Cap Value ETF
ISCV
$692M
| $5.36M | ﹤0.01% |
84,363
+1,364
| +2% | +$83.5K |
|
1942
First Trust Alternative Absolute Return Strategy ETF
FAAR
$192M
| $5.35M | ﹤0.01% |
192,071
+665
| +0.3% | +$18.9K |
|
1943
Carpenter Technology
CRS
$25.8B
| $5.34M | ﹤0.01% |
33,450
+3,783
| +13% | +$512K |
|
1944
Performance Food Group
PFGC
$18B
| $5.33M | ﹤0.01% |
67,991
+14,615
| +27% | +$1.02M |
|
1945
Celestica
CLS
$38.1B
| $5.33M | ﹤0.01% |
104,181
+32,772
| +46% | +$1.69M |
|
1946
Global X S&P 500 Risk Managed Income ETF
XRMI
$49.8M
| $5.32M | ﹤0.01% |
280,024
+27,882
| +11% | +$526K |
|
1947
Academy Sports + Outdoors
ASO
$2.94B
| $5.29M | ﹤0.01% |
90,642
-11,324
| -11% | -$618K |
|
1948
First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
$98.4M
| $5.29M | ﹤0.01% |
116,330
+6,921
| +6% | +$311K |
|
1949
Charter Communications
CHTR
$17.3B
| $5.29M | ﹤0.01% |
16,319
-1,138
| -7% | -$383K |
|
1950
BlackRock Floating Rate Income Trust
BGT
$323M
| $5.28M | ﹤0.01% |
407,751
+112,745
| +38% | +$1.45M |
|
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.