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 | |
|---|---|---|---|---|---|---|
3226
Pacer Swan SOS Moderate July ETF
PSMJ
$95.7M
| $1.36M | ﹤0.01% |
47,683
-4,280
| -8% | -$121K |
|
3227
Innovator US Equity Buffer ETF August
BAUG
$199M
| $1.36M | ﹤0.01% |
31,095
+1,371
| +5% | +$59.6K |
|
3228
FT Vest US Small Cap Moderate Buffer ETF May
SMAY
$113M
| $1.36M | ﹤0.01% |
54,667
-48,002
| -47% | -$1.2M |
|
3229
Timothy Plan International ETF
TPIF
$259M
| $1.35M | ﹤0.01% |
50,900
+2,830
| +6% | +$77.7K |
|
3230
First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
$74.6M
| $1.35M | ﹤0.01% |
39,922
+3,371
| +9% | +$117K |
|
|
SII
3231
Sprott
SII
$2.98B
| $1.35M | ﹤0.01% |
32,040
+392
| +1% | +$17.3K |
|
3232
Innovator US Small Cap Power Buffer ETF April
KAPR
$218M
| $1.35M | ﹤0.01% |
41,190
-332
| -0.8% | -$11K |
|
3233
Cohen & Steers Select Preferred & Income Fund
PSF
$235M
| $1.33M | ﹤0.01% |
67,372
+1,326
| +2% | +$27.1K |
|
|
SLNZ
3234
TCW Senior Loan ETF
SLNZ
$222M
| $1.33M | ﹤0.01% |
+28,126
| New | +$1.33M |
|
3235
Plexus
PLXS
$7.35B
| $1.33M | ﹤0.01% |
8,508
+5,363
| +171% | +$820K |
|
3236
Plug Power
PLUG
$2.93B
| $1.33M | ﹤0.01% |
624,415
-4,590
| -0.7% | -$10K |
|
3237
Lemonade
LMND
$4.1B
| $1.33M | ﹤0.01% |
36,195
+2,691
| +8% | +$85.9K |
|
3238
Franklin Responsibly Sourced Gold ETF
FGDL
$437M
| $1.33M | ﹤0.01% |
37,827
+5,833
| +18% | +$208K |
|
3239
Cirrus Logic
CRUS
$6.57B
| $1.33M | ﹤0.01% |
13,328
-6,465
| -33% | -$710K |
|
3240
Intapp
INTA
$2.87B
| $1.33M | ﹤0.01% |
20,706
+2,925
| +16% | +$168K |
|
3241
PIMCO RAFI ESG US ETF
RAFE
$168M
| $1.33M | ﹤0.01% |
36,475
+4,933
| +16% | +$184K |
|
3242
Itron
ITRI
$4.56B
| $1.33M | ﹤0.01% |
12,210
+1,140
| +10% | +$127K |
|
3243
Patrick Industries
PATK
$2.91B
| $1.32M | ﹤0.01% |
15,942
+3,738
| +31% | +$334K |
|
3244
iShares MSCI Israel ETF
EIS
$887M
| $1.32M | ﹤0.01% |
17,186
+372
| +2% | +$26.6K |
|
3245
Joby Aviation
JOBY
$7.73B
| $1.32M | ﹤0.01% |
162,647
+43,644
| +37% | +$289K |
|
3246
Cracker Barrel
CBRL
$1.3B
| $1.32M | ﹤0.01% |
24,984
+10,867
| +77% | +$538K |
|
3247
Invesco California Value Municipal Income Trust
VCV
$519M
| $1.32M | ﹤0.01% |
120,617
+1,339
| +1% | +$14.1K |
|
3248
Truth Social America First ETF
MAGA
$31.7M
| $1.32M | ﹤0.01% |
27,880
+5,872
| +27% | +$293K |
|
3249
iShares BB Rated Corporate Bond ETF
HYBB
$427M
| $1.32M | ﹤0.01% |
28,685
-560
| -2% | -$26.1K |
|
|
DMB
3250
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
| $1.32M | ﹤0.01% |
127,457
-28,954
| -19% | -$312K |
|
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.