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 | |
|---|---|---|---|---|---|---|
2276
iShares Global Materials ETF
MXI
$340M
| $3.37M | ﹤0.01% |
36,158
-1,893
| -5% | -$164K |
|
2277
Qualys
QLYS
$5.45B
| $3.37M | ﹤0.01% |
26,201
+5,331
| +26% | +$704K |
|
2278
Matador Resources
MTDR
$6.05B
| $3.36M | ﹤0.01% |
68,077
+5,785
| +9% | +$326K |
|
|
AMTM
2279
Amentum Holdings
AMTM
$5.66B
| $3.36M | ﹤0.01% |
+104,145
| New | +$2.97M |
|
2280
Acadia Healthcare
ACHC
$2.85B
| $3.36M | ﹤0.01% |
52,961
+15,002
| +40% | +$1.08M |
|
2281
Organon & Co
OGN
$3.56B
| $3.36M | ﹤0.01% |
175,537
-14,433
| -8% | -$299K |
|
2282
ATI
ATI
$26.2B
| $3.35M | ﹤0.01% |
50,135
+2,472
| +5% | +$153K |
|
2283
Royal Gold
RGLD
$17.1B
| $3.34M | ﹤0.01% |
23,780
+1,056
| +5% | +$144K |
|
2284
BlackRock MuniAssets Fund
MUA
$508M
| $3.33M | ﹤0.01% |
268,168
+927
| +0.3% | +$11K |
|
2285
Glacier Bancorp
GBCI
$6.57B
| $3.32M | ﹤0.01% |
72,751
-6,075
| -8% | -$262K |
|
2286
Transmedics
TMDX
$2.83B
| $3.32M | ﹤0.01% |
21,163
+5,547
| +36% | +$855K |
|
2287
VanEck Energy Income ETF
EINC
$81.9M
| $3.32M | ﹤0.01% |
39,176
-11,282
| -22% | -$927K |
|
2288
John Hancock Multifactor Emerging Markets ETF
JHEM
$997M
| $3.32M | ﹤0.01% |
116,134
+2,304
| +2% | +$62.3K |
|
2289
Group 1 Automotive
GPI
$3.48B
| $3.31M | ﹤0.01% |
8,654
-197
| -2% | -$67.7K |
|
2290
PUT
SPDR Gold Trust
GLD
$131B
| $3.31M | ﹤0.01% |
13,600
+4,700
| +53% | +$1.08M |
|
2291
STMicroelectronics
STM
$46.6B
| $3.31M | ﹤0.01% |
111,167
-970
| -0.9% | -$32.1K |
|
|
OXLC
2292
Oxford Lane Capital
OXLC
$904M
| $3.29M | ﹤0.01% |
125,743
+19,613
| +18% | +$529K |
|
2293
State Street SPDR S&P Health Care Services ETF
XHS
$207M
| $3.29M | ﹤0.01% |
33,973
-6,719
| -17% | -$642K |
|
2294
Viper Energy
VNOM
$8.52B
| $3.29M | ﹤0.01% |
72,915
-3,023
| -4% | -$133K |
|
2295
GraniteShares HIPS US High Income ETF
HIPS
$112M
| $3.29M | ﹤0.01% |
253,273
+29,455
| +13% | +$380K |
|
2296
Alamos Gold
AGI
$12B
| $3.28M | ﹤0.01% |
164,631
-8,184
| -5% | -$150K |
|
2297
InfraCap MLP ETF
AMZA
$466M
| $3.28M | ﹤0.01% |
80,749
-17,309
| -18% | -$706K |
|
2298
GMO US Quality ETF
QLTY
$4.92B
| $3.27M | ﹤0.01% |
100,416
+47,352
| +89% | +$1.49M |
|
2299
Choice Hotels
CHH
$4.94B
| $3.27M | ﹤0.01% |
25,067
+9,210
| +58% | +$1.15M |
|
2300
New Jersey Resources
NJR
$5.87B
| $3.26M | ﹤0.01% |
69,149
-2,228
| -3% | -$102K |
|
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.