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 | |
|---|---|---|---|---|---|---|
|
BRW
3301
Saba Capital Income & Opportunities Fund
BRW
$337M
| $1.24M | ﹤0.01% |
163,130
+20,924
| +15% | +$159K |
|
3302
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$23.1M
| $1.24M | ﹤0.01% |
12,573
+1,485
| +13% | +$157K |
|
3303
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$637M
| $1.24M | ﹤0.01% |
112,147
+1,097
| +1% | +$12.8K |
|
3304
Manchester United
MANU
$3.9B
| $1.24M | ﹤0.01% |
71,469
-8,862
| -11% | -$149K |
|
|
BYM
3305
DELISTED
BlackRock Municipal Income Quality Trust
BYM
| $1.24M | ﹤0.01% |
114,205
+5,899
| +5% | +$67.9K |
|
3306
Dimensional Global Sustainability Fixed Income ETF
DFSB
$731M
| $1.24M | ﹤0.01% |
24,320
+2,458
| +11% | +$128K |
|
|
PEO
3307
Adams Natural Resources Fund
PEO
$739M
| $1.24M | ﹤0.01% |
56,942
+9,062
| +19% | +$207K |
|
3308
Dimensional World Equity ETF
DFAW
$1.63B
| $1.23M | ﹤0.01% |
19,767
+12,433
| +170% | +$795K |
|
3309
Equinor
EQNR
$94.8B
| $1.23M | ﹤0.01% |
52,019
+23,492
| +82% | +$565K |
|
3310
Xometry
XMTR
$5.06B
| $1.23M | ﹤0.01% |
28,880
+4,343
| +18% | +$123K |
|
3311
Innovator US Equity Buffer ETF July
BJUL
$353M
| $1.23M | ﹤0.01% |
27,636
+299
| +1% | +$13.3K |
|
3312
EnerSys
ENS
$6.88B
| $1.23M | ﹤0.01% |
13,322
+3,601
| +37% | +$351K |
|
3313
Highwoods Properties
HIW
$3.64B
| $1.23M | ﹤0.01% |
40,266
+2,931
| +8% | +$95.5K |
|
3314
Toews Agility Shares Dynamic Tactical Income ETF
THY
$87.6M
| $1.23M | ﹤0.01% |
54,465
+15,129
| +38% | +$345K |
|
3315
Fomento Económico Mexicano
FMX
$42.8B
| $1.23M | ﹤0.01% |
14,391
+6,960
| +94% | +$646K |
|
|
SBR
3316
Sabine Royalty Trust
SBR
$1.06B
| $1.23M | ﹤0.01% |
18,973
-8,145
| -30% | -$511K |
|
3317
TORM
TRMD
$3.01B
| $1.23M | ﹤0.01% |
63,094
-2,983
| -5% | -$72.8K |
|
3318
Valmont Industries
VMI
$9.43B
| $1.23M | ﹤0.01% |
3,999
+1,098
| +38% | +$354K |
|
3319
Americold
COLD
$4.03B
| $1.23M | ﹤0.01% |
57,300
+15,339
| +37% | +$371K |
|
3320
Valvoline
VVV
$5.01B
| $1.23M | ﹤0.01% |
33,872
+7,097
| +27% | +$284K |
|
3321
Quantum Computing Inc
QUBT
$2.08B
| $1.23M | ﹤0.01% |
+74,046
| New | +$407K |
|
3322
Geron
GERN
$860M
| $1.22M | ﹤0.01% |
345,836
+61,778
| +22% | +$247K |
|
|
OPP
3323
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$189M
| $1.22M | ﹤0.01% |
146,723
-15,213
| -9% | -$131K |
|
3324
Delek US
DK
$4.06B
| $1.22M | ﹤0.01% |
66,085
+25,937
| +65% | +$465K |
|
|
XRLV
3325
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $1.22M | ﹤0.01% |
23,024
-1,016
| -4% | -$55.5K |
|
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.