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 | |
|---|---|---|---|---|---|---|
2726
US Commodity Index
USCI
$359M
| $2.32M | ﹤0.01% |
35,174
-11,036
| -24% | -$707K |
|
2727
Twist Bioscience
TWST
$6.19B
| $2.32M | ﹤0.01% |
49,882
-6,462
| -11% | -$292K |
|
2728
Star Bulk Carriers
SBLK
$3.15B
| $2.32M | ﹤0.01% |
155,024
+3,202
| +2% | +$59.5K |
|
2729
AllianzIM U.S. Equity Buffer20 Jul ETF
JULW
$252M
| $2.32M | ﹤0.01% |
66,080
+14,070
| +27% | +$492K |
|
2730
iShares MSCI Global Sustainable Development Goals ETF
SDG
$173M
| $2.32M | ﹤0.01% |
32,366
+10,836
| +50% | +$845K |
|
|
XFLT
2731
XAI Floating Rate & Alternative Income Trust
XFLT
$286M
| $2.31M | ﹤0.01% |
69,680
-1,367
| -2% | -$46.8K |
|
2732
Matsons
MATX
$6.46B
| $2.31M | ﹤0.01% |
17,133
+1,084
| +7% | +$158K |
|
2733
USCF Midstream Energy Income Fund
UMI
$502M
| $2.31M | ﹤0.01% |
46,523
+9,970
| +27% | +$490K |
|
2734
iShares US & Intl High Yield Corp Bond ETF
GHYG
$199M
| $2.31M | ﹤0.01% |
52,419
+24,505
| +88% | +$1.1M |
|
2735
GigaCloud Technology
GCT
$1.73B
| $2.31M | ﹤0.01% |
124,488
-8,364
| -6% | -$194K |
|
2736
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| $2.3M | ﹤0.01% |
67,460
+22,777
| +51% | +$818K |
|
2737
Innovator Growth-100 Power Buffer ETF July
NJUL
$256M
| $2.3M | ﹤0.01% |
36,650
-845
| -2% | -$52.4K |
|
2738
UMB Financial
UMBF
$11.3B
| $2.29M | ﹤0.01% |
20,329
+12,845
| +172% | +$1.49M |
|
|
TEI
2739
Templeton Emerging Markets Income Fund
TEI
$316M
| $2.29M | ﹤0.01% |
446,730
+40,004
| +10% | +$218K |
|
2740
Neurocrine Biosciences
NBIX
$16.9B
| $2.29M | ﹤0.01% |
16,754
+3,643
| +28% | +$451K |
|
2741
ARK 21Shares Bitcoin ETF
ARKB
$2.45B
| $2.29M | ﹤0.01% |
73,551
-3,423
| -4% | -$94.6K |
|
2742
Ryder
R
$10.3B
| $2.28M | ﹤0.01% |
14,552
+1,557
| +12% | +$243K |
|
2743
WD-40
WDFC
$3.17B
| $2.28M | ﹤0.01% |
9,403
+1,966
| +26% | +$524K |
|
2744
iShares iBonds Dec 2029 Term Muni Bond ETF
IBMR
$468M
| $2.28M | ﹤0.01% |
91,235
+47,648
| +109% | +$1.2M |
|
2745
Trustmark
TRMK
$2.82B
| $2.28M | ﹤0.01% |
64,387
+12,890
| +25% | +$465K |
|
2746
Acadia Healthcare
ACHC
$2.95B
| $2.28M | ﹤0.01% |
55,830
+2,869
| +5% | +$129K |
|
2747
Ashland
ASH
$3.31B
| $2.27M | ﹤0.01% |
31,799
+3,541
| +13% | +$283K |
|
2748
Insmed
INSM
$21.4B
| $2.26M | ﹤0.01% |
32,757
+3,172
| +11% | +$228K |
|
2749
Mercury Systems
MRCY
$6.77B
| $2.26M | ﹤0.01% |
52,746
+5,388
| +11% | +$205K |
|
|
WINC
2750
DELISTED
Western Asset Short Duration Income ETF
WINC
| $2.25M | ﹤0.01% |
94,181
+1,506
| +2% | +$36.2K |
|
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.