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 | |
|---|---|---|---|---|---|---|
2976
Global X S&P 500 Quality Dividend ETF
QDIV
$30.6M
| $1.76M | ﹤0.01% |
50,759
-734
| -1% | -$26.4K |
|
2977
SouthState Bank Corp
SSB
$10.5B
| $1.76M | ﹤0.01% |
17,689
-572
| -3% | -$58.9K |
|
2978
Ubiquiti
UI
$33.2B
| $1.76M | ﹤0.01% |
5,297
+210
| +4% | +$63.2K |
|
2979
M/I Homes
MHO
$3.75B
| $1.76M | ﹤0.01% |
13,223
+2,492
| +23% | +$392K |
|
2980
FirstService
FSV
$6.31B
| $1.76M | ﹤0.01% |
9,707
+471
| +5% | +$88.1K |
|
2981
Pacer Data and Digital Revolution ETF
TRFK
$1.03B
| $1.75M | ﹤0.01% |
34,717
+19,613
| +130% | +$982K |
|
2982
Collegium Pharmaceutical
COLL
$1.15B
| $1.75M | ﹤0.01% |
61,204
-4,335
| -7% | -$143K |
|
2983
Procore
PCOR
$8.4B
| $1.75M | ﹤0.01% |
23,399
+13,935
| +147% | +$989K |
|
2984
Merchants Bancorp
MBIN
$2.56B
| $1.75M | ﹤0.01% |
47,903
+527
| +1% | +$21.3K |
|
2985
Goldman Sachs BDC
GSBD
$993M
| $1.75M | ﹤0.01% |
144,335
+41,915
| +41% | +$550K |
|
|
SPNS
2986
DELISTED
Sapiens International
SPNS
| $1.74M | ﹤0.01% |
68,255
+9,917
| +17% | +$317K |
|
2987
Park National Corp
PRK
$3.8B
| $1.74M | ﹤0.01% |
10,154
-214
| -2% | -$38.6K |
|
|
DHY
2988
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.74M | ﹤0.01% |
811,454
+73,600
| +10% | +$161K |
|
|
GTOQ
2989
Invesco High Yield Systematic Bond ETF
GTOQ
$182M
| $1.73M | ﹤0.01% |
76,974
-65,539
| -46% | -$1.48M |
|
2990
Aptus Large Cap Enhanced Yield ETF
DUBS
$411M
| $1.73M | ﹤0.01% |
53,640
+6,140
| +13% | +$200K |
|
2991
Federal Agricultural Mortgage
AGM
$2.58B
| $1.73M | ﹤0.01% |
8,793
+874
| +11% | +$173K |
|
2992
Tandem Diabetes Care
TNDM
$1.38B
| $1.73M | ﹤0.01% |
48,036
+12,099
| +34% | +$409K |
|
|
SNV
2993
DELISTED
Synovus
SNV
| $1.73M | ﹤0.01% |
33,714
-201
| -0.6% | -$10.4K |
|
2994
iShares MSCI Indonesia ETF
EIDO
$494M
| $1.73M | ﹤0.01% |
+93,459
| New | +$1.93M |
|
2995
Ryman Hospitality Properties
RHP
$8.31B
| $1.73M | ﹤0.01% |
16,538
+9,770
| +144% | +$1.09M |
|
2996
Main Thematic Innovation ETF
TMAT
$253M
| $1.73M | ﹤0.01% |
82,813
+19,461
| +31% | +$388K |
|
2997
ProShares Inflation Expectations ETF
RINF
$18.3M
| $1.73M | ﹤0.01% |
52,394
-51
| -0.1% | -$1.68K |
|
2998
CarGurus
CARG
$3.33B
| $1.72M | ﹤0.01% |
47,145
+5,389
| +13% | +$185K |
|
2999
SFL Corp
SFL
$1.65B
| $1.72M | ﹤0.01% |
168,243
-5,800
| -3% | -$61.9K |
|
3000
First Trust Nasdaq Transportation ETF
FTXR
$1.08B
| $1.72M | ﹤0.01% |
49,950
+8,721
| +21% | +$300K |
|
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.