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 | |
|---|---|---|---|---|---|---|
2876
New Mountain Finance
NMFC
$707M
| $1.97M | ﹤0.01% |
174,774
-16,844
| -9% | -$194K |
|
|
IFN
2877
Aberdeen India Fund
IFN
$506M
| $1.97M | ﹤0.01% |
124,925
+6,333
| +5% | +$111K |
|
2878
Vertex
VERX
$2B
| $1.97M | ﹤0.01% |
36,877
+7,089
| +24% | +$344K |
|
|
TPZ
2879
Tortoise Electrification Infrastructure ETF
TPZ
$126M
| $1.96M | ﹤0.01% |
97,849
+84,417
| +628% | +$1.65M |
|
|
AL
2880
DELISTED
Air Lease Corp
AL
| $1.96M | ﹤0.01% |
40,643
+13,416
| +49% | +$633K |
|
2881
ProShares S&P 500 ex-Energy ETF
SPXE
$86.5M
| $1.96M | ﹤0.01% |
30,961
+5,476
| +21% | +$348K |
|
2882
Invesco DB Precious Metals Fund
DBP
$240M
| $1.96M | ﹤0.01% |
32,251
-1,909
| -6% | -$123K |
|
2883
Elanco Animal Health
ELAN
$12.8B
| $1.95M | ﹤0.01% |
161,183
+22,163
| +16% | +$290K |
|
2884
Goodyear
GT
$2.07B
| $1.95M | ﹤0.01% |
216,766
+3,123
| +1% | +$28.5K |
|
2885
Federal Signal
FSS
$8.09B
| $1.95M | ﹤0.01% |
21,098
+7,696
| +57% | +$707K |
|
2886
Murphy Oil
MUR
$5.5B
| $1.95M | ﹤0.01% |
64,386
+8,135
| +14% | +$262K |
|
2887
Alliance Resource Partners
ARLP
$3.31B
| $1.95M | ﹤0.01% |
73,987
-1,315
| -2% | -$34.4K |
|
2888
Aptus Behavioral Momentum ETF
ADME
$303M
| $1.94M | ﹤0.01% |
41,634
+287
| +0.7% | +$13.5K |
|
2889
WisdomTree Enhanced Commodity Strategy Fund
GCC
$269M
| $1.94M | ﹤0.01% |
103,299
-4,332
| -4% | -$82.2K |
|
2890
Stevanato
STVN
$5.36B
| $1.94M | ﹤0.01% |
85,721
+16,915
| +25% | +$339K |
|
2891
WisdomTree Emerging Markets Multifactor Fund
EMMF
$176M
| $1.94M | ﹤0.01% |
+72,465
| New | +$2M |
|
2892
Viking Holdings
VIK
$48B
| $1.93M | ﹤0.01% |
43,898
+8,456
| +24% | +$359K |
|
2893
Nuveen Real Asset Income & Growth Fund
JRI
$349M
| $1.93M | ﹤0.01% |
159,126
+9,349
| +6% | +$122K |
|
2894
FT Vest US Equity Deep Buffer ETF September
DSEP
$354M
| $1.92M | ﹤0.01% |
47,277
-7,639
| -14% | -$309K |
|
2895
Travel + Leisure Co
TNL
$4.78B
| $1.92M | ﹤0.01% |
37,983
+468
| +1% | +$23.7K |
|
2896
Nextpower Inc
NXT
$14.9B
| $1.91M | ﹤0.01% |
52,347
-55,341
| -51% | -$2.03M |
|
2897
Cenovus Energy
CVE
$53B
| $1.91M | ﹤0.01% |
126,187
-8,483
| -6% | -$136K |
|
2898
Sweetgreen
SG
$679M
| $1.91M | ﹤0.01% |
59,592
+47,676
| +400% | +$1.78M |
|
2899
BGC Group
BGC
$5.25B
| $1.91M | ﹤0.01% |
210,559
+9,237
| +5% | +$89K |
|
2900
Black Hills Corp
BKH
$5.5B
| $1.91M | ﹤0.01% |
32,591
+3,422
| +12% | +$208K |
|
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.