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 | |
|---|---|---|---|---|---|---|
|
WCLD
2176
WisdomTree Cloud Computing Fund
WCLD
$279M
| $3.95M | ﹤0.01% |
123,469
-79,378
| -39% | -$2.48M |
|
2177
International Flavors & Fragrances
IFF
$20.4B
| $3.94M | ﹤0.01% |
37,592
-16,697
| -31% | -$1.66M |
|
2178
Commerce Bancshares
CBSH
$8.57B
| $3.94M | ﹤0.01% |
73,087
+2,888
| +4% | +$160K |
|
|
P
2179
Everpure Inc
P
$26.3B
| $3.93M | ﹤0.01% |
78,250
-132,320
| -63% | -$7.48M |
|
2180
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$846M
| $3.93M | ﹤0.01% |
158,242
+15,628
| +11% | +$383K |
|
2181
Pan American Silver
PAAS
$18.2B
| $3.92M | ﹤0.01% |
187,970
-11,054
| -6% | -$233K |
|
2182
WisdomTree International SmallCap Dividend Fund
DLS
$1.05B
| $3.91M | ﹤0.01% |
56,642
-37,591
| -40% | -$2.49M |
|
2183
ESAB
ESAB
$5.63B
| $3.91M | ﹤0.01% |
36,763
+416
| +1% | +$41.2K |
|
2184
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.52B
| $3.9M | ﹤0.01% |
183,769
+34,077
| +23% | +$710K |
|
2185
Verra Mobility
VRRM
$831M
| $3.9M | ﹤0.01% |
140,148
+7,698
| +6% | +$216K |
|
2186
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16M
| $3.89M | ﹤0.01% |
94,264
+27,807
| +42% | +$1.1M |
|
2187
United Bankshares
UBSI
$6.68B
| $3.89M | ﹤0.01% |
104,889
+47,034
| +81% | +$1.72M |
|
2188
State Street Income Allocation ETF
INKM
$74.7M
| $3.89M | ﹤0.01% |
118,626
+12,824
| +12% | +$410K |
|
2189
Forestar Group
FOR
$1.46B
| $3.89M | ﹤0.01% |
120,021
+2,148
| +2% | +$66.9K |
|
2190
Kimbell Royalty Partners
KRP
$1.46B
| $3.87M | ﹤0.01% |
240,774
+18,340
| +8% | +$295K |
|
2191
Pinduoduo
PDD
$128B
| $3.86M | ﹤0.01% |
28,657
+8,483
| +42% | +$1.04M |
|
2192
Global X Adaptive US Risk Management ETF
ONOF
$139M
| $3.86M | ﹤0.01% |
112,508
-1,462
| -1% | -$49.2K |
|
2193
Westlake Corp
WLK
$8.94B
| $3.85M | ﹤0.01% |
25,626
+1,363
| +6% | +$196K |
|
2194
First Trust STOXX European Select Dividend Income Fund
FDD
$893M
| $3.84M | ﹤0.01% |
308,389
+57,493
| +23% | +$701K |
|
|
FLG
2195
Flagstar Bank National Association
FLG
$5.95B
| $3.83M | ﹤0.01% |
341,475
+1,314
| +0.4% | +$14K |
|
2196
Principal Exchange-Traded Funds Principal Quality ETF
PSET
$28.6M
| $3.82M | ﹤0.01% |
53,718
+2,661
| +5% | +$182K |
|
2197
Invesco S&P 500 Downside Hedged ETF
PHDG
$63.5M
| $3.82M | ﹤0.01% |
99,853
+5,599
| +6% | +$211K |
|
2198
QuantumScape Corp
QS
$3.33B
| $3.81M | ﹤0.01% |
662,958
+80,411
| +14% | +$495K |
|
2199
Teva Pharmaceuticals
TEVA
$39.6B
| $3.81M | ﹤0.01% |
211,419
-2,867
| -1% | -$50.2K |
|
2200
MDU Resources
MDU
$4.19B
| $3.79M | ﹤0.01% |
249,312
+20,111
| +9% | +$286K |
|
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.