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 | |
|---|---|---|---|---|---|---|
2051
iShares Currency Hedged MSCI EAFE Small-Cap ETF
HSCZ
$239M
| $4.68M | ﹤0.01% |
143,210
+15,479
| +12% | +$491K |
|
2052
Hasbro
HAS
$13.2B
| $4.67M | ﹤0.01% |
64,617
+4,386
| +7% | +$285K |
|
2053
Nuveen ESG International Developed Markets Equity ETF
NUDM
$707M
| $4.66M | ﹤0.01% |
138,571
+31,792
| +30% | +$1.03M |
|
2054
H&R Block
HRB
$5.58B
| $4.66M | ﹤0.01% |
73,377
-2,875
| -4% | -$171K |
|
2055
Global X FinTech ETF
FINX
$170M
| $4.66M | ﹤0.01% |
166,417
-26,931
| -14% | -$711K |
|
2056
VanEck Biotech ETF
BBH
$400M
| $4.66M | ﹤0.01% |
26,274
+878
| +3% | +$156K |
|
2057
Nutrien
NTR
$33.2B
| $4.66M | ﹤0.01% |
96,952
-28,300
| -23% | -$1.36M |
|
2058
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$401M
| $4.65M | ﹤0.01% |
68,608
+282
| +0.4% | +$18.2K |
|
2059
Regal Rexnord
RRX
$13.7B
| $4.65M | ﹤0.01% |
28,025
+1,906
| +7% | +$294K |
|
2060
iShares Bitcoin Trust
IBIT
$46.3B
| $4.64M | ﹤0.01% |
128,547
+98,960
| +334% | +$3.44M |
|
2061
PUT
Vanguard S&P 500 ETF
VOO
$979B
| $4.64M | ﹤0.01% |
8,800
+7,900
| +878% | +$4.02M |
|
2062
Urban Outfitters
URBN
$6.35B
| $4.63M | ﹤0.01% |
120,780
-1,875
| -2% | -$76.2K |
|
2063
Evercore
EVR
$12.4B
| $4.63M | ﹤0.01% |
18,256
+9,724
| +114% | +$2.31M |
|
2064
WBI Power Factor High Dividend ETF
WBIY
$62.5M
| $4.62M | ﹤0.01% |
147,405
+6,780
| +5% | +$205K |
|
2065
Innovator US Equity Buffer ETF April
BAPR
$407M
| $4.62M | ﹤0.01% |
106,521
-2,814
| -3% | -$118K |
|
2066
National Fuel Gas
NFG
$7.82B
| $4.61M | ﹤0.01% |
76,127
+11,023
| +17% | +$645K |
|
|
CIK
2067
Credit Suisse Asset Management Income Fund
CIK
$134M
| $4.61M | ﹤0.01% |
1,493,106
-47,781
| -3% | -$146K |
|
2068
Genmab
GMAB
$17.7B
| $4.61M | ﹤0.01% |
189,148
+43,118
| +30% | +$1.15M |
|
2069
UDR
UDR
$12.3B
| $4.61M | ﹤0.01% |
101,690
+2,166
| +2% | +$92.8K |
|
|
HES
2070
DELISTED
Hess
HES
| $4.59M | ﹤0.01% |
33,836
+416
| +1% | +$57.9K |
|
2071
Integer Holdings
ITGR
$4.12B
| $4.59M | ﹤0.01% |
35,312
+4,667
| +15% | +$571K |
|
2072
LKQ Corp
LKQ
$5.68B
| $4.58M | ﹤0.01% |
114,754
+38,334
| +50% | +$1.58M |
|
2073
Pacer Industrial Real Estate ETF
INDS
$118M
| $4.58M | ﹤0.01% |
105,781
-42,793
| -29% | -$1.77M |
|
2074
Inspire 500 ETF
PTL
$870M
| $4.57M | ﹤0.01% |
+21,411
| New | +$4.37M |
|
2075
Telus
TU
$14.9B
| $4.57M | ﹤0.01% |
272,080
+16,984
| +7% | +$274K |
|
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.