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 | |
|---|---|---|---|---|---|---|
3176
Oshkosh
OSK
$9.57B
| $1.44M | ﹤0.01% |
15,156
-1,462
| -9% | -$153K |
|
3177
Smith & Nephew
SNN
$12.5B
| $1.44M | ﹤0.01% |
58,526
-10,735
| -15% | -$285K |
|
3178
Invesco Galaxy Bitcoin ETF
BTCO
$434M
| $1.44M | ﹤0.01% |
15,415
+7,971
| +107% | +$661K |
|
3179
WesBanco
WSBC
$4.04B
| $1.44M | ﹤0.01% |
44,187
+17,907
| +68% | +$593K |
|
3180
WisdomTree International Efficient Core Fund
NTSI
$502M
| $1.44M | ﹤0.01% |
40,920
+6,096
| +18% | +$224K |
|
|
COOP
3181
DELISTED
Mr. Cooper
COOP
| $1.44M | ﹤0.01% |
14,957
+472
| +3% | +$44.9K |
|
|
ALE
3182
DELISTED
Allete
ALE
| $1.44M | ﹤0.01% |
22,159
+6,367
| +40% | +$411K |
|
3183
Victory Capital Holdings
VCTR
$6.4B
| $1.43M | ﹤0.01% |
21,896
+2,731
| +14% | +$173K |
|
3184
Frontline
FRO
$8.54B
| $1.43M | ﹤0.01% |
100,871
-24,322
| -19% | -$456K |
|
3185
FT Vest US Equity Deep Buffer ETF July
DJUL
$451M
| $1.42M | ﹤0.01% |
33,939
+3,400
| +11% | +$143K |
|
3186
Lyft
LYFT
$6.19B
| $1.42M | ﹤0.01% |
110,356
-43,223
| -28% | -$641K |
|
3187
RUM Group Inc
RUM
$1.72B
| $1.42M | ﹤0.01% |
109,403
+17,391
| +19% | +$124K |
|
|
AIO
3188
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$906M
| $1.42M | ﹤0.01% |
57,571
+920
| +2% | +$21.5K |
|
3189
Middlesex Water
MSEX
$1.08B
| $1.42M | ﹤0.01% |
26,921
+4,415
| +20% | +$277K |
|
3190
American Century Focused Dynamic Growth ETF
FDG
$421M
| $1.42M | ﹤0.01% |
13,642
-2,780
| -17% | -$279K |
|
3191
VanEck Environmental Services ETF
EVX
$102M
| $1.42M | ﹤0.01% |
41,280
-1,035
| -2% | -$37.9K |
|
3192
Harley-Davidson
HOG
$2.77B
| $1.41M | ﹤0.01% |
46,887
-2,824
| -6% | -$93.5K |
|
3193
Ionis Pharmaceuticals
IONS
$9.04B
| $1.41M | ﹤0.01% |
40,376
-2,244
| -5% | -$83.9K |
|
3194
Touchstone Ultra Short Income ETF
TUSI
$597M
| $1.41M | ﹤0.01% |
55,693
+16,370
| +42% | +$416K |
|
3195
3D Systems Corp
DDD
$626M
| $1.41M | ﹤0.01% |
429,392
-66,057
| -13% | -$211K |
|
|
SFBS
3196
ServisFirst Bancshares
SFBS
$4.94B
| $1.41M | ﹤0.01% |
16,587
+3,610
| +28% | +$321K |
|
3197
PUT
Berkshire Hathaway Class B
BRK.B
$1.11T
| $1.41M | ﹤0.01% |
3,100
-300
| -9% | -$139K |
|
3198
Amplify Lithium & Battery Technology ETF
BATT
$123M
| $1.4M | ﹤0.01% |
159,404
+60,010
| +60% | +$562K |
|
3199
Invesco MSCI Sustainable Future ETF
ERTH
$136M
| $1.4M | ﹤0.01% |
34,645
-2,248
| -6% | -$95.1K |
|
3200
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$174M
| $1.4M | ﹤0.01% |
28,491
+838
| +3% | +$42.3K |
|
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.