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 | |
|---|---|---|---|---|---|---|
2801
PUT
NextEra Energy
NEE
$182B
| $2.13M | ﹤0.01% |
29,700
+16,700
| +128% | +$1.3M |
|
2802
Fortis
FTS
$28.9B
| $2.13M | ﹤0.01% |
51,210
+1,810
| +4% | +$79.1K |
|
2803
Fox Class A
FOXA
$24.8B
| $2.13M | ﹤0.01% |
43,791
+25,060
| +134% | +$1.13M |
|
|
EFT
2804
Eaton Vance Floating-Rate Income Trust
EFT
$285M
| $2.12M | ﹤0.01% |
165,572
+5,631
| +4% | +$74.4K |
|
2805
Portland General Electric
POR
$5.89B
| $2.12M | ﹤0.01% |
48,700
+12,265
| +34% | +$571K |
|
2806
NYLI Hedge Multi-Strategy Tracker ETF
QAI
$1.02B
| $2.12M | ﹤0.01% |
67,508
+10,333
| +18% | +$333K |
|
2807
Littelfuse
LFUS
$11.8B
| $2.12M | ﹤0.01% |
9,066
+1,230
| +16% | +$307K |
|
2808
Nuveen AMT-Free Municipal Value Fund
NUW
$251M
| $2.12M | ﹤0.01% |
156,096
+59,385
| +61% | +$827K |
|
2809
Boot Barn
BOOT
$4.94B
| $2.12M | ﹤0.01% |
13,957
+4,663
| +50% | +$689K |
|
2810
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$221M
| $2.11M | ﹤0.01% |
86,911
-1,629
| -2% | -$39.7K |
|
2811
NetEase
NTES
$83.6B
| $2.11M | ﹤0.01% |
23,688
+6,122
| +35% | +$536K |
|
2812
Nuveen ESG Emerging Markets Equity ETF
NUEM
$381M
| $2.11M | ﹤0.01% |
72,698
-11,085
| -13% | -$338K |
|
|
ABFL
2813
Abacus FCF Leaders ETF
ABFL
$538M
| $2.11M | ﹤0.01% |
31,728
-173
| -0.5% | -$11.7K |
|
2814
Ryan Specialty Holdings
RYAN
$5.77B
| $2.11M | ﹤0.01% |
32,864
+5,297
| +19% | +$369K |
|
2815
EA Bridgeway Omni Small-Cap Value ETF
BSVO
$2.49B
| $2.11M | ﹤0.01% |
97,389
+80,089
| +463% | +$1.8M |
|
2816
Neogen
NEOG
$2.58B
| $2.11M | ﹤0.01% |
179,133
+26,002
| +17% | +$364K |
|
2817
First Bancorp
FBNC
$2.71B
| $2.1M | ﹤0.01% |
47,807
+17,230
| +56% | +$770K |
|
2818
Invesco Dorsey Wright Energy Momentum ETF
PXI
$51.8M
| $2.09M | ﹤0.01% |
47,218
+2,811
| +6% | +$130K |
|
2819
BNY Mellon Global Infrastructure Income ETF
BKGI
$1.28B
| $2.09M | ﹤0.01% |
69,443
+59,988
| +634% | +$1.88M |
|
2820
National Presto Industries
NPK
$975M
| $2.09M | ﹤0.01% |
+21,256
| New | +$1.71M |
|
2821
Gentherm
THRM
$1.32B
| $2.09M | ﹤0.01% |
52,112
+4,993
| +11% | +$209K |
|
2822
Saratoga Investment
SAR
$322M
| $2.09M | ﹤0.01% |
87,304
-5,463
| -6% | -$132K |
|
2823
KB Home
KBH
$3.56B
| $2.09M | ﹤0.01% |
31,754
+3,131
| +11% | +$244K |
|
2824
Farmers National Banc Corp
FMNB
$947M
| $2.08M | ﹤0.01% |
146,615
+120,150
| +454% | +$1.79M |
|
2825
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$45.2M
| $2.07M | ﹤0.01% |
86,211
-34,628
| -29% | -$861K |
|
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.