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 | |
|---|---|---|---|---|---|---|
3251
Crescent Energy
CRGY
$3.73B
| $1.32M | ﹤0.01% |
90,218
+70,568
| +359% | +$957K |
|
3252
ProShares Pet Care ETF
PAWZ
$33.5M
| $1.32M | ﹤0.01% |
24,195
+13
| +0.1% | +$741 |
|
3253
BlackRock MuniYield Michigan Quality Fund
MIY
$351M
| $1.32M | ﹤0.01% |
117,812
+41,989
| +55% | +$492K |
|
3254
CALL
iShares Silver Trust
SLV
$28.8B
| $1.32M | ﹤0.01% |
50,000
-41,000
| -45% | -$1.17M |
|
3255
Brookfield Renewable
BEP
$10B
| $1.31M | ﹤0.01% |
57,514
+14,194
| +33% | +$362K |
|
3256
CVB Financial
CVBF
$4.07B
| $1.31M | ﹤0.01% |
61,217
-23,675
| -28% | -$501K |
|
3257
Perella Weinberg Partners
PWP
$1.24B
| $1.31M | ﹤0.01% |
54,917
+10,173
| +23% | +$236K |
|
|
ETB
3258
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$460M
| $1.31M | ﹤0.01% |
87,208
+3,416
| +4% | +$50.3K |
|
3259
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.52B
| $1.31M | ﹤0.01% |
79,738
+8,920
| +13% | +$155K |
|
3260
Interparfums
IPAR
$4.12B
| $1.31M | ﹤0.01% |
9,939
+1,133
| +13% | +$146K |
|
3261
CALL
GameStop
GME
$8.62B
| $1.31M | ﹤0.01% |
41,700
-7,300
| -15% | -$187K |
|
3262
Innovator International Developed Power Buffer ETF April
IAPR
$201M
| $1.3M | ﹤0.01% |
48,763
-1,686
| -3% | -$46K |
|
|
PDM
3263
Piedmont Realty Trust
PDM
$1.21B
| $1.3M | ﹤0.01% |
142,158
-10,012
| -7% | -$97.3K |
|
3264
Dole
DOLE
$1.33B
| $1.3M | ﹤0.01% |
95,987
+79,487
| +482% | +$1.22M |
|
3265
Sanmina
SANM
$11.1B
| $1.3M | ﹤0.01% |
17,157
+2,607
| +18% | +$194K |
|
3266
Iridium Communications
IRDM
$5.26B
| $1.3M | ﹤0.01% |
44,735
-1,196
| -3% | -$35.6K |
|
3267
Invesco Dorsey Wright Financial Momentum ETF
PFI
$61M
| $1.29M | ﹤0.01% |
22,698
+2,292
| +11% | +$135K |
|
3268
ProShares Ultra QQQ
QLD
$14.1B
| $1.29M | ﹤0.01% |
23,904
-3,986
| -14% | -$213K |
|
|
REVG
3269
DELISTED
REV Group
REVG
| $1.29M | ﹤0.01% |
40,581
-4,259
| -9% | -$127K |
|
3270
Avista
AVA
$3.28B
| $1.29M | ﹤0.01% |
35,291
+7,753
| +28% | +$291K |
|
3271
Renaissance IPO ETF
IPO
$162M
| $1.29M | ﹤0.01% |
29,654
-193
| -0.6% | -$8.66K |
|
|
EIM
3272
Eaton Vance Municipal Bond Fund
EIM
$494M
| $1.29M | ﹤0.01% |
124,603
+749
| +0.6% | +$7.9K |
|
3273
FT Vest US Equity Moderate Buffer ETF February
GFEB
$382M
| $1.29M | ﹤0.01% |
34,534
+6,579
| +24% | +$243K |
|
3274
Sensata Technologies
ST
$7.08B
| $1.29M | ﹤0.01% |
47,056
-11,074
| -19% | -$360K |
|
|
CPSA
3275
Calamos S&P 500 Structured Alt Protection ETF - August
CPSA
$42M
| $1.29M | ﹤0.01% |
+51,407
| New | +$1.28M |
|
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.