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 | |
|---|---|---|---|---|---|---|
2376
PUT
iShares Russell 1000 Growth ETF
IWF
$124B
| $2.97M | ﹤0.01% |
+31,600
| New | +$2.86M |
|
|
FFA
2377
First Trust Enhanced Equity Income Fund
FFA
$457M
| $2.96M | ﹤0.01% |
145,662
+16,262
| +13% | +$322K |
|
2378
Fidelity Quality Factor ETF
FQAL
$1.43B
| $2.96M | ﹤0.01% |
45,627
-4,131
| -8% | -$258K |
|
2379
iShares Agency Bond ETF
AGZ
$563M
| $2.96M | ﹤0.01% |
26,820
-1,607
| -6% | -$176K |
|
2380
Wendy's
WEN
$1.43B
| $2.96M | ﹤0.01% |
168,911
+7,672
| +5% | +$131K |
|
2381
Helen of Troy
HELE
$676M
| $2.96M | ﹤0.01% |
47,830
+26,663
| +126% | +$1.58M |
|
2382
PIMCO Enhanced Short Maturity Active ESG ETF
EMNT
$211M
| $2.95M | ﹤0.01% |
29,757
+3,454
| +13% | +$341K |
|
2383
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.01B
| $2.94M | ﹤0.01% |
49,543
+13,574
| +38% | +$769K |
|
|
PDO
2384
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $2.94M | ﹤0.01% |
208,481
+36,967
| +22% | +$501K |
|
|
HPI
2385
John Hancock Preferred Income Fund
HPI
$431M
| $2.94M | ﹤0.01% |
155,153
-7,056
| -4% | -$123K |
|
2386
Magna International
MGA
$18.5B
| $2.94M | ﹤0.01% |
71,619
-4,617
| -6% | -$193K |
|
|
STEW
2387
SRH Total Return Fund
STEW
$1.8B
| $2.93M | ﹤0.01% |
185,270
+45,115
| +32% | +$689K |
|
2388
UiPath
PATH
$6.76B
| $2.93M | ﹤0.01% |
228,604
-24,390
| -10% | -$299K |
|
|
BCPC
2389
Balchem Corp
BCPC
$5.58B
| $2.92M | ﹤0.01% |
16,606
+2,030
| +14% | +$346K |
|
2390
iShares Currency Hedged MSCI Japan ETF
HEWJ
$710M
| $2.92M | ﹤0.01% |
71,181
+2,109
| +3% | +$86.9K |
|
2391
Philips
PHG
$25.6B
| $2.92M | ﹤0.01% |
96,366
+28,202
| +41% | +$749K |
|
2392
Atlantic Union Bankshares
AUB
$6.07B
| $2.92M | ﹤0.01% |
77,405
+2,020
| +3% | +$76K |
|
|
TPHE
2393
DELISTED
Timothy Plan High Dividend Stock Enhanced ETF
TPHE
| $2.91M | ﹤0.01% |
113,456
+6,009
| +6% | +$149K |
|
2394
FlexShares High Yield Value-Scored Bond Index Fund
HYGV
$1.1B
| $2.91M | ﹤0.01% |
69,851
+12,232
| +21% | +$501K |
|
2395
Ovintiv
OVV
$17.1B
| $2.91M | ﹤0.01% |
75,938
-6,070
| -7% | -$262K |
|
2396
HF Sinclair
DINO
$15.8B
| $2.91M | ﹤0.01% |
65,207
+2,682
| +4% | +$128K |
|
2397
NatWest
NWG
$77.3B
| $2.89M | ﹤0.01% |
308,275
+217,421
| +239% | +$1.93M |
|
2398
US Commodity Index
USCI
$362M
| $2.88M | ﹤0.01% |
46,210
-2,767
| -6% | -$169K |
|
2399
Algonquin Power & Utilities
AQN
$4.42B
| $2.88M | ﹤0.01% |
528,922
+5,546
| +1% | +$31.5K |
|
2400
Barings BDC
BBDC
$881M
| $2.88M | ﹤0.01% |
293,840
-1,652
| -0.6% | -$16.4K |
|
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.