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 | |
|---|---|---|---|---|---|---|
|
VTLE
2551
DELISTED
Vital Energy
VTLE
| $2.79M | ﹤0.01% |
90,298
+78,706
| +679% | +$2.33M |
|
|
AMED
2552
DELISTED
Amedisys
AMED
| $2.79M | ﹤0.01% |
30,731
-1,794
| -6% | -$165K |
|
2553
iShares MSCI Japan Small-Cap ETF
SCJ
$255M
| $2.79M | ﹤0.01% |
38,126
+27,594
| +262% | +$2.06M |
|
2554
Global E Online
GLBE
$6.75B
| $2.79M | ﹤0.01% |
51,123
+24,304
| +91% | +$1.1M |
|
2555
MDU Resources
MDU
$4.2B
| $2.79M | ﹤0.01% |
154,670
-94,642
| -38% | -$1.66M |
|
|
TPHE
2556
DELISTED
Timothy Plan High Dividend Stock Enhanced ETF
TPHE
| $2.79M | ﹤0.01% |
112,290
-1,166
| -1% | -$30.1K |
|
2557
QuantumScape Corp
QS
$3.28B
| $2.78M | ﹤0.01% |
535,597
-127,361
| -19% | -$669K |
|
2558
Agree Realty
ADC
$9.57B
| $2.77M | ﹤0.01% |
39,342
+10,252
| +35% | +$763K |
|
2559
Jazz Pharmaceuticals
JAZZ
$15.8B
| $2.77M | ﹤0.01% |
22,505
+553
| +3% | +$65.2K |
|
2560
LCI Industries
LCII
$2.52B
| $2.77M | ﹤0.01% |
26,178
+4,548
| +21% | +$525K |
|
2561
Avantis Moderate Allocation ETF
AVMA
$80.4M
| $2.77M | ﹤0.01% |
47,589
+4,687
| +11% | +$280K |
|
2562
Helen of Troy
HELE
$676M
| $2.77M | ﹤0.01% |
46,225
-1,605
| -3% | -$107K |
|
|
ETO
2563
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$511M
| $2.76M | ﹤0.01% |
109,387
+3,703
| +4% | +$96.1K |
|
|
OKLO
2564
Oklo
OKLO
$7.17B
| $2.76M | ﹤0.01% |
130,084
+111,176
| +588% | +$2.15M |
|
2565
iShares MSCI Kokusai Fund
TOK
$252M
| $2.76M | ﹤0.01% |
23,797
+11,885
| +100% | +$1.4M |
|
2566
iShares Currency Hedged MSCI Japan ETF
HEWJ
$710M
| $2.76M | ﹤0.01% |
64,773
-6,408
| -9% | -$271K |
|
2567
JPMorgan Short Duration Core Plus ETF
JSCP
$1.71B
| $2.76M | ﹤0.01% |
+59,202
| New | +$2.78M |
|
2568
Leonardo DRS
DRS
$12.2B
| $2.76M | ﹤0.01% |
85,423
+7,956
| +10% | +$258K |
|
2569
Inspire International ETF
WWJD
$562M
| $2.76M | ﹤0.01% |
95,166
+13,529
| +17% | +$412K |
|
2570
Alamos Gold
AGI
$12B
| $2.76M | ﹤0.01% |
149,485
-15,146
| -9% | -$293K |
|
2571
Diodes
DIOD
$3.77B
| $2.75M | ﹤0.01% |
45,094
+7,697
| +21% | +$480K |
|
2572
Natural Resource Partners
NRP
$1.28B
| $2.75M | ﹤0.01% |
24,806
-1,403
| -5% | -$144K |
|
2573
BlackRock Health Sciences Trust II
BMEZ
$974M
| $2.75M | ﹤0.01% |
191,168
-13,244
| -6% | -$205K |
|
2574
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.71B
| $2.75M | ﹤0.01% |
56,401
+18,408
| +48% | +$949K |
|
2575
Prestige Consumer Healthcare
PBH
$2.46B
| $2.75M | ﹤0.01% |
35,198
+6,123
| +21% | +$475K |
|
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.