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 | |
|---|---|---|---|---|---|---|
2026
Invesco BulletShares 2031 High Yield Corporate Bond ETF
BSJV
$101M
| $4.84M | ﹤0.01% |
179,888
+39,347
| +28% | +$1.05M |
|
2027
Samsara
IOT
$21.7B
| $4.84M | ﹤0.01% |
100,500
-499
| -0.5% | -$20.2K |
|
2028
STAG Industrial
STAG
$7.38B
| $4.83M | ﹤0.01% |
123,526
+902
| +0.7% | +$35.4K |
|
2029
iShares Core 5-10 Year USD Bond ETF
IMTB
$275M
| $4.82M | ﹤0.01% |
108,338
+40,163
| +59% | +$1.76M |
|
2030
Invesco International Corporate Bond ETF
PICB
$355M
| $4.81M | ﹤0.01% |
205,445
+8,315
| +4% | +$190K |
|
2031
CALL
NVIDIA
NVDA
$4.86T
| $4.8M | ﹤0.01% |
39,500
+1,100
| +3% | +$130K |
|
|
CSF
2032
DELISTED
VictoryShares US Discovery Enhanced Volatility Wtd ETF
CSF
| $4.79M | ﹤0.01% |
87,713
-1,314
| -1% | -$69.2K |
|
2033
Transocean
RIG
$5.89B
| $4.79M | ﹤0.01% |
1,126,885
+199,893
| +22% | +$986K |
|
2034
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$473M
| $4.79M | ﹤0.01% |
118,830
+37,173
| +46% | +$1.46M |
|
2035
STF Tactical Growth ETF
TUG
$32.6M
| $4.78M | ﹤0.01% |
143,075
-10,998
| -7% | -$365K |
|
2036
FT Energy Income Partners Strategy ETF
EIPX
$561M
| $4.77M | ﹤0.01% |
197,466
-5,016
| -2% | -$120K |
|
|
STXF
2037
Strive 500 ETF
STXF
$1.12B
| $4.77M | ﹤0.01% |
129,432
+36,535
| +39% | +$1.3M |
|
|
PPLT
2038
abrdn Physical Platinum Shares ETF
PPLT
$1.88B
| $4.77M | ﹤0.01% |
530,740
-93,830
| -15% | -$828K |
|
2039
Fluor
FLR
$7.01B
| $4.75M | ﹤0.01% |
99,491
+5,177
| +5% | +$244K |
|
2040
VanEck Durable High Dividend ETF
DURA
$38.6M
| $4.73M | ﹤0.01% |
136,208
+4,539
| +3% | +$151K |
|
2041
Opus Small Cap Value ETF
OSCV
$708M
| $4.73M | ﹤0.01% |
126,300
+22,066
| +21% | +$804K |
|
2042
Antero Midstream
AM
$10.4B
| $4.73M | ﹤0.01% |
314,067
-37,553
| -11% | -$547K |
|
2043
WisdomTree US AI Enhanced Value Fund
AIVL
$428M
| $4.72M | ﹤0.01% |
42,421
+623
| +1% | +$65.9K |
|
|
ASG
2044
Liberty All-Star Growth Fund
ASG
$328M
| $4.71M | ﹤0.01% |
839,185
+5,765
| +0.7% | +$31.1K |
|
2045
Lumen
LUMN
$6.57B
| $4.7M | ﹤0.01% |
662,076
+376,261
| +132% | +$1.61M |
|
2046
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $4.7M | ﹤0.01% |
185,032
-6,764
| -4% | -$166K |
|
2047
Vanguard US Minimum Volatility ETF
VFMV
$432M
| $4.7M | ﹤0.01% |
38,626
+22,402
| +138% | +$2.64M |
|
2048
iShares MSCI Australia ETF
EWA
$1.39B
| $4.69M | ﹤0.01% |
173,037
+111,075
| +179% | +$2.81M |
|
2049
ProShares Short QQQ
PSQ
$824M
| $4.69M | ﹤0.01% |
118,814
+29,783
| +33% | +$1.23M |
|
2050
Axcelis
ACLS
$4.01B
| $4.68M | ﹤0.01% |
44,682
+8,454
| +23% | +$989K |
|
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.