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 | |
|---|---|---|---|---|---|---|
3026
iShares MSCI Mexico ETF
EWW
$1.98B
| $1.68M | ﹤0.01% |
35,968
-23,130
| -39% | -$1.19M |
|
3027
Arcutis Biotherapeutics
ARQT
$3.26B
| $1.68M | ﹤0.01% |
120,892
-5,388
| -4% | -$59K |
|
3028
Knight Transportation
KNX
$11.7B
| $1.68M | ﹤0.01% |
31,736
+6,991
| +28% | +$380K |
|
3029
BlackRock Enhanced Global Dividend Trust
BOE
$682M
| $1.68M | ﹤0.01% |
156,108
-14,308
| -8% | -$160K |
|
3030
Boise Cascade
BCC
$3.04B
| $1.68M | ﹤0.01% |
14,127
+3,187
| +29% | +$440K |
|
3031
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$589M
| $1.68M | ﹤0.01% |
31,066
-7,513
| -19% | -$411K |
|
3032
Fidus Investment
FDUS
$777M
| $1.67M | ﹤0.01% |
79,515
+2,603
| +3% | +$52.8K |
|
3033
Coeur Mining
CDE
$16.7B
| $1.67M | ﹤0.01% |
291,920
+79,558
| +37% | +$515K |
|
3034
Global Ship Lease
GSL
$1.57B
| $1.67M | ﹤0.01% |
76,355
-31,012
| -29% | -$724K |
|
3035
Match Group
MTCH
$9.62B
| $1.67M | ﹤0.01% |
50,917
-9,408
| -16% | -$322K |
|
3036
Chesapeake Utilities
CPK
$3.19B
| $1.66M | ﹤0.01% |
13,717
+1,382
| +11% | +$171K |
|
3037
Amkor Technology
AMKR
$13.9B
| $1.66M | ﹤0.01% |
64,754
-10,444
| -14% | -$287K |
|
3038
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$323M
| $1.66M | ﹤0.01% |
46,616
+2,781
| +6% | +$98.6K |
|
3039
Caesars Entertainment
CZR
$6.14B
| $1.65M | ﹤0.01% |
49,457
-25,187
| -34% | -$997K |
|
|
CHGX
3040
DELISTED
AXS Change Finance ESG ETF
CHGX
| $1.65M | ﹤0.01% |
43,447
-382
| -0.9% | -$14.9K |
|
3041
Hyatt Hotels
H
$16.4B
| $1.65M | ﹤0.01% |
10,509
+1,076
| +11% | +$167K |
|
3042
CBIZ
CBZ
$2.99B
| $1.65M | ﹤0.01% |
20,154
+48
| +0.2% | +$3.59K |
|
3043
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$324M
| $1.65M | ﹤0.01% |
67,108
+4,506
| +7% | +$115K |
|
|
AGD
3044
abrdn Global Dynamic Dividend Fund
AGD
$317M
| $1.65M | ﹤0.01% |
168,102
+1,481
| +0.9% | +$15.2K |
|
3045
Transmedics
TMDX
$2.79B
| $1.65M | ﹤0.01% |
26,386
+5,223
| +25% | +$486K |
|
3046
Simpson Manufacturing
SSD
$8.08B
| $1.64M | ﹤0.01% |
9,913
+2,697
| +37% | +$494K |
|
3047
AllianzIM U.S. Equity Buffer20 Mar ETF
MARW
$87.7M
| $1.64M | ﹤0.01% |
52,938
-513
| -1% | -$15.8K |
|
3048
PubMatic
PUBM
$633M
| $1.63M | ﹤0.01% |
112,250
+5,432
| +5% | +$84.2K |
|
3049
News Corp Class A
NWSA
$15.5B
| $1.63M | ﹤0.01% |
59,321
+4,493
| +8% | +$125K |
|
3050
iShares Morningstar Multi-Asset Income ETF
IYLD
$126M
| $1.63M | ﹤0.01% |
83,777
+22,489
| +37% | +$454K |
|
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.