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 | |
|---|---|---|---|---|---|---|
2101
First Citizens BancShares
FCNCA
$24.9B
| $4.37M | ﹤0.01% |
2,375
+487
| +26% | +$929K |
|
2102
Global X Cloud Computing ETF
CLOU
$240M
| $4.37M | ﹤0.01% |
212,694
-355,279
| -63% | -$7.01M |
|
2103
Terex
TEX
$7.18B
| $4.36M | ﹤0.01% |
82,495
-9,450
| -10% | -$522K |
|
2104
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$155M
| $4.36M | ﹤0.01% |
89,736
+16,140
| +22% | +$760K |
|
2105
Merit Medical Systems
MMSI
$5.08B
| $4.36M | ﹤0.01% |
44,066
+8,720
| +25% | +$798K |
|
|
ASGI
2106
abrdn Global Infrastructure Income Fund
ASGI
$756M
| $4.35M | ﹤0.01% |
215,409
+116,765
| +118% | +$2.24M |
|
2107
T. Rowe Price Growth ETF
TGRT
$1.48B
| $4.35M | ﹤0.01% |
121,328
+65,743
| +118% | +$2.28M |
|
2108
Burlington
BURL
$23.2B
| $4.35M | ﹤0.01% |
16,496
+3,711
| +29% | +$960K |
|
2109
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.49B
| $4.35M | ﹤0.01% |
118,983
+20,883
| +21% | +$732K |
|
|
FGB
2110
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $4.34M | ﹤0.01% |
1,067,057
-45,393
| -4% | -$180K |
|
2111
ACM Research
ACMR
$5.42B
| $4.33M | ﹤0.01% |
213,309
+43,265
| +25% | +$829K |
|
2112
ICF International
ICFI
$1.46B
| $4.33M | ﹤0.01% |
25,937
+2,598
| +11% | +$399K |
|
|
SF
2113
Stifel
SF
$12.6B
| $4.32M | ﹤0.01% |
68,973
+5,248
| +8% | +$299K |
|
2114
Innovator US Equity Power Buffer ETF February
PFEB
$916M
| $4.31M | ﹤0.01% |
119,688
-10,322
| -8% | -$366K |
|
2115
BNY Mellon High Yield Beta ETF
BKHY
$158M
| $4.31M | ﹤0.01% |
88,248
+66,779
| +311% | +$3.2M |
|
2116
Infosys
INFY
$48.7B
| $4.31M | ﹤0.01% |
193,451
+58,731
| +44% | +$1.28M |
|
2117
FT Vest US Equity Buffer ETF September
FSEP
$1.22B
| $4.29M | ﹤0.01% |
95,486
-795
| -0.8% | -$35.1K |
|
2118
Equity Residential
EQR
$24.9B
| $4.28M | ﹤0.01% |
57,507
+978
| +2% | +$70.6K |
|
2119
Gentex
GNTX
$4.97B
| $4.27M | ﹤0.01% |
143,779
+56,163
| +64% | +$1.74M |
|
2120
FT Vest US Equity Buffer ETF July
FJUL
$1.21B
| $4.27M | ﹤0.01% |
88,695
-7,130
| -7% | -$332K |
|
2121
Virtus Terranova US Quality Momentum ETF
JOET
$241M
| $4.25M | ﹤0.01% |
115,656
-336
| -0.3% | -$11.8K |
|
2122
Arrow Electronics
ARW
$11.1B
| $4.25M | ﹤0.01% |
31,997
+3,044
| +11% | +$386K |
|
2123
United States Natural Gas Fund
UNG
$470M
| $4.25M | ﹤0.01% |
260,209
+12,037
| +5% | +$175K |
|
2124
HCM Defender 100 Index ETF
QQH
$716M
| $4.25M | ﹤0.01% |
67,343
+28,074
| +71% | +$1.71M |
|
|
IGD
2125
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $4.23M | ﹤0.01% |
750,561
-15,468
| -2% | -$84.8K |
|
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.