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 Core S&P 500 ETF
IVV
|
+$697M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$532M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$389M |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$292M |
| 5 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$280M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BSCO
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
|
+$87.2M |
| 2 |
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
|
+$63.4M |
| 3 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$57M |
| 4 |
iShares MSCI India ETF
INDA
|
+$57M |
| 5 |
IBTE
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
|
+$45.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.26% |
| 2 | Financials | 3.6% |
| 3 | Consumer Discretionary | 2.98% |
| 4 | Healthcare | 2.45% |
| 5 | Industrials | 2.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
iShares US Tech Independence Focused ETF
IETC
$684M
| $3.1M | ﹤0.01% |
36,377
+17,925
| +97% | +$1.48M |
|
2477
Advanced Energy
AEIS
$11.9B
| $3.1M | ﹤0.01% |
26,838
+3,762
| +16% | +$423K |
|
2478
Kimco Realty
KIM
$17.1B
| $3.1M | ﹤0.01% |
132,205
+25,254
| +24% | +$612K |
|
2479
International Flavors & Fragrances
IFF
$20.6B
| $3.09M | ﹤0.01% |
36,582
-1,010
| -3% | -$94.9K |
|
2480
Archrock
AROC
$6.16B
| $3.09M | ﹤0.01% |
124,105
+8,807
| +8% | +$204K |
|
2481
Cal-Maine
CALM
$4.08B
| $3.08M | ﹤0.01% |
29,926
-1,436
| -5% | -$136K |
|
2482
Pacer Industrial Real Estate ETF
INDS
$118M
| $3.08M | ﹤0.01% |
87,128
-18,653
| -18% | -$726K |
|
|
STEW
2483
SRH Total Return Fund
STEW
$1.8B
| $3.07M | ﹤0.01% |
191,361
+6,091
| +3% | +$97.9K |
|
2484
Avantis US Mid Cap Equity ETF
AVMC
$474M
| $3.06M | ﹤0.01% |
47,110
+9,865
| +26% | +$656K |
|
2485
NatWest
NWG
$77.3B
| $3.06M | ﹤0.01% |
300,944
-7,331
| -2% | -$72.6K |
|
2486
Corcept Therapeutics
CORT
$12.2B
| $3.06M | ﹤0.01% |
60,682
+19,650
| +48% | +$1.03M |
|
2487
Northwest Bancshares
NWBI
$2.32B
| $3.06M | ﹤0.01% |
231,662
-7,405
| -3% | -$103K |
|
2488
Revvity
RVTY
$12.9B
| $3.04M | ﹤0.01% |
27,280
-1,320
| -5% | -$155K |
|
2489
HCM Defender 500 Index ETF
LGH
$586M
| $3.04M | ﹤0.01% |
58,429
+10,417
| +22% | +$547K |
|
2490
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$29.3M
| $3.04M | ﹤0.01% |
25,648
+259
| +1% | +$31.6K |
|
2491
Element Solutions
ESI
$9.18B
| $3.03M | ﹤0.01% |
119,105
+102,022
| +597% | +$2.76M |
|
2492
Pembina Pipeline
PBA
$28B
| $3.02M | ﹤0.01% |
81,754
-3,003
| -4% | -$122K |
|
|
MPT
2493
Medical Properties Trust
MPT
$2.75B
| $3.02M | ﹤0.01% |
763,469
-245,137
| -24% | -$1.1M |
|
2494
Eaton Vance Floating-Rate ETF
EVLN
$1.4B
| $3.01M | ﹤0.01% |
59,860
+30,496
| +104% | +$1.54M |
|
2495
American Homes 4 Rent
AMH
$12.4B
| $3.01M | ﹤0.01% |
80,493
-17,751
| -18% | -$664K |
|
2496
Royal Gold
RGLD
$17.1B
| $3.01M | ﹤0.01% |
22,807
-973
| -4% | -$140K |
|
2497
STMicroelectronics
STM
$46.5B
| $2.99M | ﹤0.01% |
119,930
+8,763
| +8% | +$233K |
|
2498
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$430M
| $2.99M | ﹤0.01% |
25,892
-6,721
| -21% | -$810K |
|
|
FLG
2499
Flagstar Bank National Association
FLG
$5.93B
| $2.99M | ﹤0.01% |
320,473
-21,002
| -6% | -$229K |
|
|
WEA
2500
Western Asset Premier Bond Fund
WEA
$124M
| $2.99M | ﹤0.01% |
277,542
-43,521
| -14% | -$481K |
|
Similar funds
LPL Financial's Q4 2024 Portfolio in Review
As of Q4 2024, LPL Financial held 5,518 positions worth $246B, up 9.7% from $224B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $22.2B of net new capital in Q4 2024, opening 337 new positions and adding to 3,329 existing holdings. Its largest new stake was CP High Yield Trend ETF: 2,792,973 shares worth $60.7M.
By sector, the portfolio is most concentrated in Technology at 8.3% of assets, up from 7.9% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was Invesco Russell 1000 Dynamic Multifactor ETF, an estimated $63.4M trimmed.
- LPL Financial's largest Q4 2024 buy was CP High Yield Trend ETF: 2,792,973 shares worth $60.7M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q4 2024, an estimated $697M increase.
- LPL Financial's biggest Q4 2024 reduction was Invesco Russell 1000 Dynamic Multifactor ETF, cutting an estimated $63.4M.
- LPL Financial fully exited Invesco BulletShares 2024 Corporate Bond ETF in Q4 2024, selling an estimated $87.2M.
- LPL Financial's ten largest holdings make up 17% of its $246B portfolio in Q4 2024.
- LPL Financial opened 337 new positions and closed 245 in Q4 2024.
- LPL Financial's portfolio value rose 9.7% quarter-over-quarter to $246B.
Based on LPL Financial's 13F filing for Q4 2024, filed 11 Feb 2025.