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 | |
|---|---|---|---|---|---|---|
3276
Certara
CERT
$1.21B
| $1.29M | ﹤0.01% |
112,624
+16,586
| +17% | +$180K |
|
3277
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.9B
| $1.29M | ﹤0.01% |
15,777
+10,648
| +208% | +$772K |
|
3278
MarketAxess Holdings
MKTX
$5.71B
| $1.29M | ﹤0.01% |
5,694
+3,746
| +192% | +$986K |
|
3279
MGIC Investment
MTG
$6.35B
| $1.28M | ﹤0.01% |
54,163
-2,581
| -5% | -$64.5K |
|
3280
Belpointe PREP
OZ
$182M
| $1.28M | ﹤0.01% |
16,578
-310
| -2% | -$21.9K |
|
3281
SGI Dynamic Tactical ETF
DYTA
$107M
| $1.28M | ﹤0.01% |
46,114
-6,229
| -12% | -$194K |
|
3282
Concentrix
CNXC
$1.56B
| $1.28M | ﹤0.01% |
+29,539
| New | +$1.31M |
|
3283
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.79B
| $1.28M | ﹤0.01% |
17,688
-5,079
| -22% | -$386K |
|
3284
Voya Financial
VOYA
$9.13B
| $1.27M | ﹤0.01% |
18,513
+8,333
| +82% | +$651K |
|
3285
VanEck Low Carbon Energy ETF
SMOG
$133M
| $1.27M | ﹤0.01% |
12,897
-1,127
| -8% | -$117K |
|
|
CALY
3286
Callaway Golf Company
CALY
$3.52B
| $1.27M | ﹤0.01% |
161,845
-12,760
| -7% | -$116K |
|
3287
JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
$1.27B
| $1.27M | ﹤0.01% |
13,571
-1,338
| -9% | -$132K |
|
|
ETH
3288
Grayscale Ethereum Staking Mini ETF Shares
ETH
$1.71B
| $1.26M | ﹤0.01% |
40,150
+9,218
| +30% | +$267K |
|
3289
SL Green Realty
SLG
$3.97B
| $1.26M | ﹤0.01% |
18,613
+844
| +5% | +$62.4K |
|
3290
Cohen & Steers
CNS
$4.32B
| $1.26M | ﹤0.01% |
13,681
+1,046
| +8% | +$103K |
|
3291
Bank of Hawaii
BOH
$3.19B
| $1.26M | ﹤0.01% |
17,727
+7,554
| +74% | +$545K |
|
3292
CALL
Zscaler
ZS
$26.4B
| $1.26M | ﹤0.01% |
+7,000
| New | +$1.35M |
|
3293
KT
KT
$8.79B
| $1.26M | ﹤0.01% |
81,289
+31,096
| +62% | +$495K |
|
3294
Qorvo
QRVO
$8.38B
| $1.26M | ﹤0.01% |
17,996
-4,229
| -19% | -$339K |
|
3295
Sylvamo
SLVM
$1.56B
| $1.25M | ﹤0.01% |
15,874
+299
| +2% | +$25.8K |
|
3296
PUT
IBM
IBM
$222B
| $1.25M | ﹤0.01% |
5,700
-500
| -8% | -$111K |
|
3297
York Water
YORW
$502M
| $1.25M | ﹤0.01% |
38,232
-921
| -2% | -$32.8K |
|
3298
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$75.9M
| $1.25M | ﹤0.01% |
47,111
+18,480
| +65% | +$508K |
|
3299
FT Vest US Equity Deep Buffer ETF June
DJUN
$352M
| $1.25M | ﹤0.01% |
28,802
+135
| +0.5% | +$5.83K |
|
|
UCB
3300
United Community Banks
UCB
$4.33B
| $1.25M | ﹤0.01% |
38,561
+4,340
| +13% | +$135K |
|
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.