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 | |
|---|---|---|---|---|---|---|
2076
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.19B
| $4.56M | ﹤0.01% |
391,225
+39,615
| +11% | +$441K |
|
2077
iShares Mortgage Real Estate ETF
REM
$539M
| $4.55M | ﹤0.01% |
191,897
-6,451
| -3% | -$152K |
|
2078
Global X Alternative Income ETF
ALTY
$45.7M
| $4.55M | ﹤0.01% |
377,724
-24,577
| -6% | -$287K |
|
2079
CF Industries
CF
$19.2B
| $4.55M | ﹤0.01% |
53,016
-9,818
| -16% | -$759K |
|
2080
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $4.54M | ﹤0.01% |
94,009
+3,704
| +4% | +$171K |
|
2081
Otter Tail
OTTR
$3.71B
| $4.54M | ﹤0.01% |
58,028
+2,958
| +5% | +$256K |
|
2082
Invesco Pharmaceuticals ETF
PJP
$442M
| $4.53M | ﹤0.01% |
52,097
-413
| -0.8% | -$35.3K |
|
|
DSM
2083
BNY Mellon Strategic Municipal Bond Fund
DSM
$287M
| $4.53M | ﹤0.01% |
727,062
+68,932
| +10% | +$418K |
|
2084
ProShares UltraPro QQQ
TQQQ
$32.1B
| $4.52M | ﹤0.01% |
124,582
+5,360
| +4% | +$184K |
|
2085
Golub Capital BDC
GBDC
$3.34B
| $4.51M | ﹤0.01% |
298,253
-194
| -0.1% | -$2.93K |
|
2086
Global X Blockchain ETF
BKCH
$206M
| $4.48M | ﹤0.01% |
95,374
+30,379
| +47% | +$1.45M |
|
|
GHY
2087
PGIM Global High Yield Fund
GHY
$478M
| $4.48M | ﹤0.01% |
350,315
-8,567
| -2% | -$107K |
|
2088
APA Corp
APA
$13.2B
| $4.47M | ﹤0.01% |
182,601
-230,008
| -56% | -$6.46M |
|
2089
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$93.2M
| $4.46M | ﹤0.01% |
84,348
+17,028
| +25% | +$880K |
|
2090
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$35.2M
| $4.46M | ﹤0.01% |
121,654
+9,508
| +8% | +$335K |
|
|
CSW
2091
CSW Industrials
CSW
$5.2B
| $4.45M | ﹤0.01% |
12,157
+766
| +7% | +$239K |
|
2092
First Trust Lunt US Factor Rotation ETF
FCTR
$53.6M
| $4.43M | ﹤0.01% |
142,529
-6,070
| -4% | -$183K |
|
2093
Cambria Foreign Shareholder Yield ETF
FYLD
$704M
| $4.42M | ﹤0.01% |
158,628
+19,762
| +14% | +$529K |
|
2094
AutoNation
AN
$7.11B
| $4.41M | ﹤0.01% |
24,633
+1,536
| +7% | +$264K |
|
2095
BioNTech
BNTX
$22.9B
| $4.4M | ﹤0.01% |
37,060
+2,239
| +6% | +$206K |
|
2096
Corebridge Financial
CRBG
$14.1B
| $4.4M | ﹤0.01% |
150,845
+62,066
| +70% | +$1.76M |
|
2097
monday.com
MNDY
$3.68B
| $4.39M | ﹤0.01% |
15,800
-856
| -5% | -$212K |
|
2098
CenterPoint Energy
CNP
$27.7B
| $4.38M | ﹤0.01% |
148,918
-73,639
| -33% | -$2.06M |
|
2099
Murphy USA
MUSA
$11.2B
| $4.38M | ﹤0.01% |
8,878
+424
| +5% | +$213K |
|
|
PKST
2100
DELISTED
Peakstone Realty Trust
PKST
| $4.37M | ﹤0.01% |
320,846
-4,171
| -1% | -$54.6K |
|
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.