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 | |
|---|---|---|---|---|---|---|
2626
Pacer Emerging Markets Cash Cows 100 ETF
ECOW
$222M
| $2.61M | ﹤0.01% |
134,649
+8,992
| +7% | +$188K |
|
2627
Columbia Banking Systems
COLB
$9.08B
| $2.61M | ﹤0.01% |
96,670
+21,713
| +29% | +$623K |
|
|
NNE
2628
Nano Nuclear Energy
NNE
$975M
| $2.6M | ﹤0.01% |
+104,278
| New | +$2.37M |
|
2629
Azenta
AZTA
$1.38B
| $2.59M | ﹤0.01% |
50,342
+12,033
| +31% | +$548K |
|
|
MYD
2630
DELISTED
BlackRock MuniYield Fund
MYD
| $2.59M | ﹤0.01% |
249,227
+88,118
| +55% | +$983K |
|
|
CGO
2631
Calamos Global Total Return Fund
CGO
$128M
| $2.59M | ﹤0.01% |
227,247
+4,205
| +2% | +$50.1K |
|
2632
First Trust Dow Jones International Internet ETF
FDNI
$31.4M
| $2.59M | ﹤0.01% |
94,790
+5,737
| +6% | +$165K |
|
2633
ePlus
PLUS
$2.52B
| $2.58M | ﹤0.01% |
32,684
+5,443
| +20% | +$475K |
|
2634
United Bankshares
UBSI
$6.78B
| $2.58M | ﹤0.01% |
68,757
-36,132
| -34% | -$1.42M |
|
|
GCV
2635
Gabelli Convertible and Income Securities Fund
GCV
$94.3M
| $2.58M | ﹤0.01% |
677,443
-38,795
| -5% | -$149K |
|
|
LGI
2636
Lazard Global Total Return & Income Fund
LGI
$237M
| $2.58M | ﹤0.01% |
161,412
+2,900
| +2% | +$49K |
|
2637
JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
$45.6M
| $2.58M | ﹤0.01% |
57,606
+5,184
| +10% | +$237K |
|
2638
Dorian LPG
LPG
$1.88B
| $2.58M | ﹤0.01% |
105,714
+45,450
| +75% | +$1.27M |
|
|
ALTM
2639
DELISTED
Arcadium Lithium plc
ALTM
| $2.58M | ﹤0.01% |
502,179
+8,328
| +2% | +$42.5K |
|
2640
Commault Systems
CVLT
$5.48B
| $2.58M | ﹤0.01% |
17,067
-740
| -4% | -$119K |
|
2641
Q2 Holdings
QTWO
$3.98B
| $2.57M | ﹤0.01% |
25,569
+6,666
| +35% | +$633K |
|
2642
Banco Santander
SAN
$207B
| $2.57M | ﹤0.01% |
563,545
+30,906
| +6% | +$149K |
|
|
CGCV
2643
Capital Group Conservative Equity ETF
CGCV
$2B
| $2.57M | ﹤0.01% |
+96,809
| New | +$2.64M |
|
|
JPUS
2644
JPMorgan Diversified Return US Equity ETF
JPUS
$464M
| $2.56M | ﹤0.01% |
22,461
-7,268
| -24% | -$868K |
|
2645
Elastic
ESTC
$7.38B
| $2.56M | ﹤0.01% |
25,832
+5,775
| +29% | +$534K |
|
2646
Invesco Investment Grade Defensive ETF
IIGD
$26.8M
| $2.56M | ﹤0.01% |
105,537
-8,598
| -8% | -$210K |
|
2647
Dorman Products
DORM
$4.44B
| $2.55M | ﹤0.01% |
19,715
+13,487
| +217% | +$1.73M |
|
2648
GXO Logistics
GXO
$5.96B
| $2.55M | ﹤0.01% |
58,454
+21,824
| +60% | +$1.2M |
|
2649
ProShares S&P 500 ex-Financials ETF
SPXN
$79M
| $2.55M | ﹤0.01% |
40,489
+270
| +0.7% | +$17.1K |
|
2650
First Industrial Realty Trust
FR
$8.56B
| $2.55M | ﹤0.01% |
50,821
+11,270
| +28% | +$598K |
|
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.