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 | |
|---|---|---|---|---|---|---|
2601
Blue Owl Capital
OWL
$7.54B
| $2.67M | ﹤0.01% |
114,824
+26,611
| +30% | +$609K |
|
2602
Innovator US Equity Buffer ETF November
BNOV
$212M
| $2.67M | ﹤0.01% |
68,005
-22,901
| -25% | -$894K |
|
2603
Zeta Global
ZETA
$5.62B
| $2.66M | ﹤0.01% |
148,097
+74,396
| +101% | +$1.88M |
|
2604
Nuveen ESG High Yield Corporate Bond ETF
NUHY
$111M
| $2.66M | ﹤0.01% |
126,085
+13,285
| +12% | +$284K |
|
2605
Noble Corp
NE
$6.45B
| $2.66M | ﹤0.01% |
84,795
+54,503
| +180% | +$1.8M |
|
2606
UiPath
PATH
$6.76B
| $2.66M | ﹤0.01% |
209,454
-19,150
| -8% | -$253K |
|
2607
FT Vest US Equity Deep Buffer ETF January
DJAN
$476M
| $2.66M | ﹤0.01% |
68,109
+7,626
| +13% | +$295K |
|
2608
iShares MSCI USA Size Factor ETF
SIZE
$434M
| $2.66M | ﹤0.01% |
17,922
-2,281
| -11% | -$347K |
|
2609
Innovative Industrial Properties
IIPR
$1.7B
| $2.66M | ﹤0.01% |
39,919
+9,312
| +30% | +$1.05M |
|
2610
Gildan
GIL
$10.2B
| $2.65M | ﹤0.01% |
56,419
+22,313
| +65% | +$1.08M |
|
2611
Casella Waste Systems
CWST
$5.85B
| $2.65M | ﹤0.01% |
25,067
+6,888
| +38% | +$727K |
|
|
TYG
2612
Tortoise Energy Infrastructure Corp
TYG
$1.08B
| $2.65M | ﹤0.01% |
63,148
-9,012
| -12% | -$381K |
|
2613
Invesco Oil & Gas Services ETF
PXJ
$61.9M
| $2.65M | ﹤0.01% |
95,049
-26,221
| -22% | -$757K |
|
2614
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.34B
| $2.64M | ﹤0.01% |
123,902
+16,598
| +15% | +$358K |
|
2615
PUT
SPDR Gold Trust
GLD
$131B
| $2.64M | ﹤0.01% |
10,900
-2,700
| -20% | -$663K |
|
2616
Invesco DB Oil Fund
DBO
$380M
| $2.64M | ﹤0.01% |
184,412
+52,198
| +39% | +$755K |
|
2617
ATI
ATI
$26.4B
| $2.64M | ﹤0.01% |
47,932
-2,203
| -4% | -$130K |
|
2618
FT Vest US Equity Buffer ETF October
FOCT
$1.18B
| $2.64M | ﹤0.01% |
61,875
+8,660
| +16% | +$370K |
|
|
INFA
2619
DELISTED
Informatica
INFA
| $2.64M | ﹤0.01% |
107,444
+20,410
| +23% | +$535K |
|
2620
FTI Consulting
FCN
$4.37B
| $2.63M | ﹤0.01% |
13,764
+2,059
| +18% | +$424K |
|
2621
Advance Auto Parts
AAP
$3.36B
| $2.63M | ﹤0.01% |
55,531
-7,830
| -12% | -$319K |
|
2622
MKS Inc
MKSI
$20.9B
| $2.62M | ﹤0.01% |
25,145
+1,992
| +9% | +$215K |
|
2623
Innovator Growth-100 Power Buffer ETF October
NOCT
$227M
| $2.62M | ﹤0.01% |
51,002
-847
| -2% | -$43.1K |
|
2624
Virtu Financial
VIRT
$5.2B
| $2.62M | ﹤0.01% |
73,342
+14,490
| +25% | +$498K |
|
|
EOI
2625
Eaton Vance Enhanced Equity Income Fund
EOI
$818M
| $2.62M | ﹤0.01% |
125,960
+2,719
| +2% | +$56.5K |
|
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.