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 | |
|---|---|---|---|---|---|---|
2826
VanEck Long/Flat Trend ETF
LFEQ
$29.1M
| $2.07M | ﹤0.01% |
41,924
-978
| -2% | -$48.9K |
|
2827
iShares International Equity Factor ETF
INTF
$3.67B
| $2.07M | ﹤0.01% |
72,055
+1,146
| +2% | +$34.3K |
|
2828
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$471M
| $2.07M | ﹤0.01% |
57,198
-61,632
| -52% | -$2.33M |
|
2829
G-III Apparel Group
GIII
$1.54B
| $2.07M | ﹤0.01% |
66,321
+13,550
| +26% | +$426K |
|
2830
Magnite
MGNI
$2.99B
| $2.06M | ﹤0.01% |
129,603
+43,207
| +50% | +$634K |
|
|
MMT
2831
Aberdeen Multi-Market Income Fund
MMT
$240M
| $2.06M | ﹤0.01% |
439,305
-23,127
| -5% | -$110K |
|
2832
GitLab
GTLB
$6.16B
| $2.06M | ﹤0.01% |
36,549
+14,765
| +68% | +$861K |
|
2833
iShares Bloomberg Roll Select Commodity Strategy ETF
CMDY
$549M
| $2.06M | ﹤0.01% |
43,259
+10,615
| +33% | +$521K |
|
2834
Advanced Drainage Systems
WMS
$11.5B
| $2.06M | ﹤0.01% |
17,801
+980
| +6% | +$136K |
|
2835
Commercial Metals
CMC
$8.03B
| $2.06M | ﹤0.01% |
41,483
+3,661
| +10% | +$206K |
|
|
DFSU
2836
Dimensional US Sustainability Core 1 ETF
DFSU
$2.34B
| $2.06M | ﹤0.01% |
54,273
+11,637
| +27% | +$446K |
|
2837
Dimensional International High Profitability ETF
DIHP
$6.45B
| $2.06M | ﹤0.01% |
81,526
+13,004
| +19% | +$342K |
|
2838
BioMarin Pharmaceuticals
BMRN
$11.7B
| $2.06M | ﹤0.01% |
31,273
-1,701
| -5% | -$114K |
|
2839
Dimensional Inflation-Protected Securities ETF
DFIP
$1.12B
| $2.05M | ﹤0.01% |
50,751
+25,619
| +102% | +$1.06M |
|
2840
DaVita
DVA
$14.6B
| $2.05M | ﹤0.01% |
13,721
-4,836
| -26% | -$758K |
|
2841
Brixmor Property Group
BRX
$9.57B
| $2.05M | ﹤0.01% |
73,673
+33,580
| +84% | +$952K |
|
|
GTY
2842
Getty Realty Corp
GTY
$2.08B
| $2.05M | ﹤0.01% |
68,003
+11,691
| +21% | +$371K |
|
2843
Axsome Therapeutics
AXSM
$10.9B
| $2.05M | ﹤0.01% |
24,209
+7,837
| +48% | +$721K |
|
2844
Global Net Lease
GNL
$1.81B
| $2.05M | ﹤0.01% |
280,271
+4,908
| +2% | +$37.7K |
|
|
WCBR
2845
WisdomTree Cybersecurity Fund
WCBR
$115M
| $2.04M | ﹤0.01% |
72,284
-11,840
| -14% | -$328K |
|
2846
FT Vest US Equity Deep Buffer ETF November
DNOV
$400M
| $2.04M | ﹤0.01% |
47,630
+946
| +2% | +$40.5K |
|
2847
Clearway Energy Class C
CWEN
$4.94B
| $2.04M | ﹤0.01% |
78,438
-1,685
| -2% | -$46.6K |
|
2848
Dolby
DLB
$5.73B
| $2.04M | ﹤0.01% |
26,076
-537
| -2% | -$40.9K |
|
|
NVMI
2849
Nova
NVMI
$13.2B
| $2.03M | ﹤0.01% |
10,323
+608
| +6% | +$117K |
|
2850
Dr. Reddy's Laboratories
RDY
$10.1B
| $2.02M | ﹤0.01% |
128,126
+4,616
| +4% | +$69.3K |
|
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.