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 | |
|---|---|---|---|---|---|---|
3076
AngloGold Ashanti
AU
$44.8B
| $1.59M | ﹤0.01% |
69,051
-8,106
| -11% | -$212K |
|
3077
Unity
U
$15.7B
| $1.59M | ﹤0.01% |
70,885
-22,226
| -24% | -$494K |
|
|
CIVI
3078
DELISTED
Civitas Resources
CIVI
| $1.59M | ﹤0.01% |
34,709
-3,172
| -8% | -$158K |
|
3079
iShares JPMorgan EM Corporate Bond ETF
CEMB
$405M
| $1.59M | ﹤0.01% |
35,869
-1,943
| -5% | -$87.6K |
|
3080
Workiva
WK
$3.47B
| $1.59M | ﹤0.01% |
14,534
+527
| +4% | +$48.6K |
|
3081
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.93B
| $1.59M | ﹤0.01% |
80,572
+12,603
| +19% | +$254K |
|
3082
SK Telecom
SKM
$13.5B
| $1.59M | ﹤0.01% |
75,595
+34,367
| +83% | +$777K |
|
3083
Horizon Technology Finance
HRZN
$292M
| $1.59M | ﹤0.01% |
176,871
+15,670
| +10% | +$151K |
|
3084
Tower Semiconductor
TSEM
$24.7B
| $1.59M | ﹤0.01% |
30,819
-4,187
| -12% | -$196K |
|
3085
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$39.7M
| $1.59M | ﹤0.01% |
41,716
-2,368
| -5% | -$91K |
|
3086
FT Vest US Equity Moderate Buffer ETF December
GDEC
$443M
| $1.59M | ﹤0.01% |
47,034
+20,882
| +80% | +$701K |
|
3087
FT Vest Nasdaq-100 Buffer ETF September
QSPT
$637M
| $1.59M | ﹤0.01% |
57,358
+3,430
| +6% | +$93.9K |
|
3088
BondBloxx USD High Yield Bond Sector Rotation ETF
HYSA
$65.3M
| $1.59M | ﹤0.01% |
106,069
-734
| -0.7% | -$11.1K |
|
3089
National Health Investors
NHI
$3.63B
| $1.58M | ﹤0.01% |
22,842
+449
| +2% | +$34.1K |
|
3090
CALL
Visa
V
$686B
| $1.58M | ﹤0.01% |
+5,000
| New | +$1.5M |
|
3091
Meritage Homes
MTH
$4.88B
| $1.58M | ﹤0.01% |
20,530
+7,374
| +56% | +$673K |
|
3092
Biohaven
BHVN
$2.06B
| $1.58M | ﹤0.01% |
42,190
+1,664
| +4% | +$77.6K |
|
3093
Innovator US Equity Ultra Buffer ETF October
UOCT
$181M
| $1.57M | ﹤0.01% |
44,511
+309
| +0.7% | +$10.9K |
|
3094
America Movil
AMX
$72B
| $1.57M | ﹤0.01% |
109,695
-6,192
| -5% | -$95.8K |
|
3095
TFI International
TFII
$11.6B
| $1.57M | ﹤0.01% |
11,601
-872
| -7% | -$124K |
|
3096
Alpha Architect 1-3 Month Box ETF
BOXX
$13.2B
| $1.57M | ﹤0.01% |
14,205
+3,290
| +30% | +$361K |
|
|
IGA
3097
Voya Global Advantage and Premium Opportunity Fund
IGA
$156M
| $1.57M | ﹤0.01% |
170,144
-2,428
| -1% | -$23K |
|
3098
ALPS Disruptive Technologies ETF
DTEC
$75.5M
| $1.56M | ﹤0.01% |
34,462
-1,583
| -4% | -$71.6K |
|
3099
Viemed Healthcare
VMD
$366M
| $1.56M | ﹤0.01% |
194,690
+3,000
| +2% | +$26K |
|
3100
WIX.com
WIX
$2.8B
| $1.56M | ﹤0.01% |
7,277
+1,429
| +24% | +$273K |
|
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.