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 | |
|---|---|---|---|---|---|---|
|
NIE
2451
Virtus Equity & Convertible Income Fund
NIE
$719M
| $2.7M | ﹤0.01% |
117,196
+4,678
| +4% | +$106K |
|
2452
WisdomTree True Emerging Markets Fund
XC
$81M
| $2.69M | ﹤0.01% |
81,661
+29,640
| +57% | +$967K |
|
2453
Orion
OEC
$381M
| $2.69M | ﹤0.01% |
151,139
+41,407
| +38% | +$798K |
|
|
HGLB
2454
Highland Global Allocation Fund
HGLB
$175M
| $2.68M | ﹤0.01% |
341,285
-31,232
| -8% | -$241K |
|
2455
ePlus
PLUS
$2.42B
| $2.68M | ﹤0.01% |
27,241
-53
| -0.2% | -$4.66K |
|
2456
Enovix
ENVX
$892M
| $2.68M | ﹤0.01% |
327,760
+7,141
| +2% | +$74.2K |
|
|
ETHA
2457
iShares Ethereum Trust ETF
ETHA
$5.42B
| $2.67M | ﹤0.01% |
+135,951
| New | +$2.74M |
|
2458
TG Therapeutics
TGTX
$7.96B
| $2.67M | ﹤0.01% |
114,322
-18,958
| -14% | -$414K |
|
2459
Erie Indemnity
ERIE
$12.7B
| $2.67M | ﹤0.01% |
4,953
+3,121
| +170% | +$1.42M |
|
2460
East-West Bancorp
EWBC
$17.9B
| $2.67M | ﹤0.01% |
32,282
+3,257
| +11% | +$261K |
|
|
BLE
2461
DELISTED
BlackRock Municipal Income Trust II
BLE
| $2.67M | ﹤0.01% |
237,018
+87,867
| +59% | +$969K |
|
|
CGO
2462
Calamos Global Total Return Fund
CGO
$125M
| $2.67M | ﹤0.01% |
223,042
-1,648
| -0.7% | -$18.9K |
|
2463
FTI Consulting
FCN
$4.4B
| $2.66M | ﹤0.01% |
11,705
+1,576
| +16% | +$350K |
|
2464
The GEO Group
GEO
$4.13B
| $2.66M | ﹤0.01% |
206,881
+120,290
| +139% | +$1.68M |
|
2465
Adams Diversified Equity Fund
ADX
$3.13B
| $2.66M | ﹤0.01% |
123,212
+5,887
| +5% | +$125K |
|
2466
State Street SPDR S&P Telecom ETF
XTL
$583M
| $2.65M | ﹤0.01% |
26,378
+23,276
| +750% | +$2.08M |
|
2467
Advanced Drainage Systems
WMS
$10.6B
| $2.64M | ﹤0.01% |
16,821
-11,435
| -40% | -$1.79M |
|
2468
iShares MSCI Germany ETF
EWG
$1.6B
| $2.64M | ﹤0.01% |
77,933
-172,548
| -69% | -$5.45M |
|
2469
Inspire International ETF
WWJD
$562M
| $2.64M | ﹤0.01% |
81,637
+7,139
| +10% | +$219K |
|
2470
Enpro
NPO
$6.63B
| $2.64M | ﹤0.01% |
16,252
+2,162
| +15% | +$337K |
|
|
GCV
2471
Gabelli Convertible and Income Securities Fund
GCV
$90.9M
| $2.63M | ﹤0.01% |
716,238
-14,300
| -2% | -$54.2K |
|
2472
Churchill Downs
CHDN
$5.88B
| $2.63M | ﹤0.01% |
19,418
+2,804
| +17% | +$388K |
|
2473
WillScot Mobile Mini Holdings
WSC
$4.39B
| $2.62M | ﹤0.01% |
69,746
-1,346
| -2% | -$51.4K |
|
2474
Hartford Multifactor Small Cap ETF
ROSC
$62.3M
| $2.62M | ﹤0.01% |
59,880
-9,397
| -14% | -$398K |
|
2475
Silicon Laboratories
SLAB
$7.17B
| $2.62M | ﹤0.01% |
22,653
+1,707
| +8% | +$191K |
|
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.