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 | |
|---|---|---|---|---|---|---|
|
ARIS
2901
Aris Mining
ARIS
$3.04B
| $1.91M | ﹤0.01% |
544,596
+117,550
| +28% | +$490K |
|
2902
Dorchester Minerals
DMLP
$1.23B
| $1.91M | ﹤0.01% |
57,173
+4,877
| +9% | +$159K |
|
|
GOOD
2903
Gladstone Commercial Corp
GOOD
$608M
| $1.91M | ﹤0.01% |
117,327
+710
| +0.6% | +$11.8K |
|
2904
FT Vest US Equity Moderate Buffer ETF November
GNOV
$297M
| $1.9M | ﹤0.01% |
54,426
+23,256
| +75% | +$812K |
|
2905
Incyte
INCY
$24.4B
| $1.9M | ﹤0.01% |
27,543
+4,916
| +22% | +$350K |
|
2906
Hillman Solutions
HLMN
$1.87B
| $1.9M | ﹤0.01% |
195,187
+51,085
| +35% | +$546K |
|
2907
Brighthouse Financial
BHF
$3.6B
| $1.9M | ﹤0.01% |
39,545
+14,084
| +55% | +$688K |
|
2908
VanEck Natural Resources ETF
HAP
$304M
| $1.9M | ﹤0.01% |
41,650
-2,886
| -6% | -$145K |
|
2909
Pilgrim's Pride
PPC
$6.42B
| $1.9M | ﹤0.01% |
41,826
+1,973
| +5% | +$96.1K |
|
|
PAXS
2910
PIMCO Access Income Fund
PAXS
$671M
| $1.9M | ﹤0.01% |
124,366
+387
| +0.3% | +$6.27K |
|
2911
Wendy's
WEN
$1.46B
| $1.9M | ﹤0.01% |
116,303
-52,608
| -31% | -$960K |
|
2912
Glaukos
GKOS
$10.1B
| $1.89M | ﹤0.01% |
12,612
-805
| -6% | -$111K |
|
|
DIAX
2913
DELISTED
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
| $1.89M | ﹤0.01% |
125,559
-454
| -0.4% | -$6.88K |
|
2914
Dimensional International Small Cap Value ETF
DISV
$5.03B
| $1.89M | ﹤0.01% |
71,145
+2,211
| +3% | +$60.7K |
|
2915
iShares S&P GSCI Commodity-Indexed Trust
GSG
$949M
| $1.89M | ﹤0.01% |
86,816
+51,822
| +148% | +$1.11M |
|
2916
SPX Corp
SPXC
$10.8B
| $1.88M | ﹤0.01% |
12,924
+2,526
| +24% | +$407K |
|
2917
Delek Logistics
DKL
$3.09B
| $1.88M | ﹤0.01% |
44,447
+11,599
| +35% | +$463K |
|
|
OEFA
2918
ALPS O'Shares International Developed Quality Dividend ETF
OEFA
$37.2M
| $1.88M | ﹤0.01% |
68,174
-8,859
| -12% | -$263K |
|
2919
Wyndham Hotels & Resorts
WH
$5.64B
| $1.88M | ﹤0.01% |
18,622
+256
| +1% | +$23.8K |
|
2920
BlackRock Income Trust
BKT
$336M
| $1.87M | ﹤0.01% |
162,696
+12,848
| +9% | +$153K |
|
2921
Artisan Partners
APAM
$3.03B
| $1.87M | ﹤0.01% |
43,459
-4,912
| -10% | -$224K |
|
2922
Prosperity Bancshares
PB
$8.98B
| $1.87M | ﹤0.01% |
24,809
-2,538
| -9% | -$196K |
|
2923
Unifirst Corp
UNF
$5.25B
| $1.87M | ﹤0.01% |
10,923
+4,111
| +60% | +$784K |
|
|
ISD
2924
PGIM High Yield Bond Fund
ISD
$419M
| $1.87M | ﹤0.01% |
136,420
+2,786
| +2% | +$38.8K |
|
|
CFLT
2925
DELISTED
Confluent
CFLT
| $1.87M | ﹤0.01% |
66,726
+20,300
| +44% | +$544K |
|
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.