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 | |
|---|---|---|---|---|---|---|
2126
SBA Communications
SBAC
$19.2B
| $4.23M | ﹤0.01% |
17,584
+2,740
| +18% | +$607K |
|
2127
Atlassian
TEAM
$25.6B
| $4.23M | ﹤0.01% |
26,643
-54,214
| -67% | -$8.92M |
|
2128
F5
FFIV
$22.9B
| $4.23M | ﹤0.01% |
19,203
+2,518
| +15% | +$488K |
|
2129
Alaska Air
ALK
$5.29B
| $4.23M | ﹤0.01% |
93,462
-11,543
| -11% | -$438K |
|
2130
TKO Group
TKO
$13.6B
| $4.22M | ﹤0.01% |
34,092
+8,402
| +33% | +$961K |
|
|
RIV
2131
RiverNorth Opportunities Fund
RIV
$311M
| $4.22M | ﹤0.01% |
326,362
+27,560
| +9% | +$340K |
|
2132
InvenTrust Properties
IVT
$2.76B
| $4.22M | ﹤0.01% |
148,599
-21,477
| -13% | -$596K |
|
2133
WisdomTree International Multifactor Fund
DWMF
$33.8M
| $4.21M | ﹤0.01% |
149,244
+108,605
| +267% | +$2.97M |
|
2134
Texas Roadhouse
TXRH
$13.5B
| $4.18M | ﹤0.01% |
23,677
+3,161
| +15% | +$533K |
|
2135
Granite Construction
GVA
$5.29B
| $4.18M | ﹤0.01% |
52,695
+26,338
| +100% | +$1.85M |
|
2136
Invesco Active US Real Estate Fund
PSR
$59.4M
| $4.17M | ﹤0.01% |
42,359
-2,275
| -5% | -$212K |
|
2137
First Trust Emerging Markets Equity Select ETF
RNEM
$17.2M
| $4.15M | ﹤0.01% |
75,336
+1,805
| +2% | +$95.9K |
|
2138
PennantPark Floating Rate Capital
PFLT
$689M
| $4.15M | ﹤0.01% |
358,922
+99,041
| +38% | +$1.12M |
|
2139
GFL Environmental
GFL
$14.9B
| $4.15M | ﹤0.01% |
104,053
+55,680
| +115% | +$2.23M |
|
2140
argenx
ARGX
$53.4B
| $4.14M | ﹤0.01% |
7,646
+4,245
| +125% | +$2.15M |
|
2141
Tecnoglass Holdings Inc.
TGLS
$1.93B
| $4.14M | ﹤0.01% |
60,300
-10,010
| -14% | -$580K |
|
|
JHG
2142
DELISTED
Janus Henderson
JHG
| $4.14M | ﹤0.01% |
108,720
+9,948
| +10% | +$359K |
|
2143
Thor Industries
THO
$3.9B
| $4.14M | ﹤0.01% |
37,659
+4,033
| +12% | +$410K |
|
2144
Amplify Online Retail ETF
IBUY
$111M
| $4.14M | ﹤0.01% |
67,789
+1,912
| +3% | +$106K |
|
2145
FT Vest US Equity Deep Buffer ETF August
DAUG
$370M
| $4.13M | ﹤0.01% |
105,545
-3,306
| -3% | -$126K |
|
|
CCD
2146
Calamos Dynamic Convertible & Income Fund
CCD
$707M
| $4.13M | ﹤0.01% |
162,539
+27,463
| +20% | +$647K |
|
2147
Fidelity Enhanced International ETF
FENI
$10.9B
| $4.13M | ﹤0.01% |
136,339
+90,065
| +195% | +$2.62M |
|
2148
Fortune Brands Innovations
FBIN
$5.88B
| $4.13M | ﹤0.01% |
46,103
-1,788
| -4% | -$137K |
|
2149
Invesco S&P 500 Value with Momentum ETF
SPVM
$129M
| $4.12M | ﹤0.01% |
70,580
+31,879
| +82% | +$1.79M |
|
2150
Amplify Mobile Payments ETF
IPAY
$170M
| $4.12M | ﹤0.01% |
78,829
+9,368
| +13% | +$462K |
|
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.