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 | |
|---|---|---|---|---|---|---|
3101
Genpact
G
$5.99B
| $1.56M | ﹤0.01% |
36,268
+10,776
| +42% | +$455K |
|
3102
Allegiant Air
ALGT
$2.86B
| $1.56M | ﹤0.01% |
16,548
+6,281
| +61% | +$458K |
|
|
EFR
3103
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $1.56M | ﹤0.01% |
121,668
-4,166
| -3% | -$53.5K |
|
3104
ALPS O'Shares Global Internet Giants ETF
OGIG
$112M
| $1.56M | ﹤0.01% |
33,822
-2,612
| -7% | -$119K |
|
3105
PUT
Chord Energy
CHRD
$7.45B
| $1.56M | ﹤0.01% |
+13,300
| New | +$1.67M |
|
3106
PUT
Lockheed Martin
LMT
$135B
| $1.56M | ﹤0.01% |
3,200
+400
| +14% | +$218K |
|
3107
Natixis Loomis Sayles Focused Growth ETF
LSGR
$898M
| $1.55M | ﹤0.01% |
+40,031
| New | +$1.52M |
|
3108
Innovator Growth-100 Power Buffer ETF April
NAPR
$212M
| $1.55M | ﹤0.01% |
30,838
-4,336
| -12% | -$216K |
|
3109
Goldman Sachs Small Cap Equity ETF
GSC
$302M
| $1.55M | ﹤0.01% |
+30,288
| New | +$1.62M |
|
3110
Ameresco
AMRC
$1.41B
| $1.55M | ﹤0.01% |
67,261
+6,872
| +11% | +$198K |
|
3111
iShares GNMA Bond ETF
GNMA
$422M
| $1.55M | ﹤0.01% |
36,118
-4,685
| -11% | -$204K |
|
|
DEA
3112
Easterly Government Properties
DEA
$1.16B
| $1.55M | ﹤0.01% |
54,590
+6,254
| +13% | +$199K |
|
3113
InterDigital
IDCC
$8.4B
| $1.55M | ﹤0.01% |
7,996
+2,810
| +54% | +$491K |
|
3114
Independent Bank
INDB
$4.09B
| $1.55M | ﹤0.01% |
24,123
+1,800
| +8% | +$120K |
|
|
SEE
3115
DELISTED
Sealed Air
SEE
| $1.55M | ﹤0.01% |
45,752
-15,351
| -25% | -$548K |
|
|
WBND
3116
DELISTED
Western Asset Total Return ETF
WBND
| $1.55M | ﹤0.01% |
79,344
+2,148
| +3% | +$43K |
|
3117
Nuveen Real Estate Income Fund
JRS
$247M
| $1.55M | ﹤0.01% |
179,094
-4,027
| -2% | -$36.4K |
|
3118
Innovator US Equity Buffer ETF September
BSEP
$216M
| $1.54M | ﹤0.01% |
35,937
-2,444
| -6% | -$105K |
|
|
MSD
3119
Morgan Stanley Emerging Markets Debt Fund
MSD
$148M
| $1.54M | ﹤0.01% |
200,009
-7,208
| -3% | -$55.5K |
|
3120
Invesco Zacks Multi-Asset Income ETF
CVY
$126M
| $1.54M | ﹤0.01% |
61,167
+4,415
| +8% | +$115K |
|
3121
Sinclair Inc
SBGI
$997M
| $1.54M | ﹤0.01% |
95,260
+9,295
| +11% | +$157K |
|
3122
PUT
Invesco NASDAQ 100 ETF
QQQM
$102B
| $1.54M | ﹤0.01% |
7,300
+400
| +6% | +$83.3K |
|
|
EVN
3123
Eaton Vance Municipal Income Trust
EVN
$417M
| $1.54M | ﹤0.01% |
151,880
+3,477
| +2% | +$36.7K |
|
3124
IQ Candriam International Equity ETF
IQSI
$273M
| $1.53M | ﹤0.01% |
53,799
-398
| -0.7% | -$11.8K |
|
3125
Enovis
ENOV
$1.77B
| $1.53M | ﹤0.01% |
34,936
+7,820
| +29% | +$343K |
|
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.