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 | |
|---|---|---|---|---|---|---|
2226
Revvity
RVTY
$12.8B
| $3.65M | ﹤0.01% |
28,600
+1,217
| +4% | +$143K |
|
2227
FT Vest US Equity Buffer ETF August
FAUG
$1.2B
| $3.65M | ﹤0.01% |
79,756
+3,095
| +4% | +$138K |
|
|
DPG
2228
Duff & Phelps Utility and Infrastructure Fund
DPG
$523M
| $3.63M | ﹤0.01% |
309,577
+36,839
| +14% | +$397K |
|
2229
PUT
iShares Core S&P 500 ETF
IVV
$884B
| $3.63M | ﹤0.01% |
6,300
+5,400
| +600% | +$3M |
|
2230
PUT
Devon Energy
DVN
$51.1B
| $3.63M | ﹤0.01% |
92,800
+31,400
| +51% | +$1.38M |
|
|
WEA
2231
Western Asset Premier Bond Fund
WEA
$124M
| $3.62M | ﹤0.01% |
321,063
-1,177
| -0.4% | -$12.9K |
|
|
XIFR
2232
XPLR Infrastructure LP
XIFR
$1.11B
| $3.62M | ﹤0.01% |
131,046
-32,199
| -20% | -$835K |
|
2233
Post Holdings
POST
$4.11B
| $3.62M | ﹤0.01% |
31,258
+1,865
| +6% | +$209K |
|
2234
Franco-Nevada
FNV
$41.3B
| $3.61M | ﹤0.01% |
29,025
+21
| +0.1% | +$2.6K |
|
2235
Graphic Packaging
GPK
$3.33B
| $3.61M | ﹤0.01% |
121,870
+14,816
| +14% | +$421K |
|
2236
Invesco Global Water ETF
PIO
$276M
| $3.6M | ﹤0.01% |
83,588
+3,955
| +5% | +$163K |
|
2237
Star Bulk Carriers
SBLK
$3.22B
| $3.6M | ﹤0.01% |
151,822
-7,021
| -4% | -$156K |
|
2238
Snap
SNAP
$8.34B
| $3.59M | ﹤0.01% |
335,899
+39,286
| +13% | +$448K |
|
2239
Nuveen California Quality Municipal Income Fund
NAC
$1.82B
| $3.59M | ﹤0.01% |
301,743
+23,734
| +9% | +$278K |
|
|
JPUS
2240
JPMorgan Diversified Return US Equity ETF
JPUS
$459M
| $3.56M | ﹤0.01% |
29,729
+10,616
| +56% | +$1.21M |
|
|
RFI
2241
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $3.56M | ﹤0.01% |
271,601
-19,624
| -7% | -$245K |
|
|
EXE
2242
Expand Energy Corp
EXE
$21.8B
| $3.55M | ﹤0.01% |
43,220
-1,057
| -2% | -$80.7K |
|
2243
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.6B
| $3.55M | ﹤0.01% |
8,400
+1,500
| +22% | +$609K |
|
2244
BlackRock Science and Technology Term Trust
BSTZ
$2B
| $3.55M | ﹤0.01% |
184,994
+9,690
| +6% | +$185K |
|
2245
Toast
TOST
$19.1B
| $3.53M | ﹤0.01% |
124,846
-27,262
| -18% | -$691K |
|
2246
Camden Property Trust
CPT
$10.9B
| $3.53M | ﹤0.01% |
28,599
+5,030
| +21% | +$595K |
|
|
WTPI
2247
WisdomTree Equity Premium Income Fund
WTPI
$500M
| $3.52M | ﹤0.01% |
106,463
+59,773
| +128% | +$1.98M |
|
2248
Chewy
CHWY
$9.46B
| $3.51M | ﹤0.01% |
119,898
+15,910
| +15% | +$424K |
|
2249
FT Vest US Equity Buffer ETF February
FFEB
$1.39B
| $3.51M | ﹤0.01% |
72,298
+3,853
| +6% | +$183K |
|
2250
Harbor Ares Systematic High Yield ETF
SIHY
$149M
| $3.51M | ﹤0.01% |
75,177
+22,398
| +42% | +$1.03M |
|
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.