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 | |
|---|---|---|---|---|---|---|
|
TPC
3426
Tutor Perini Cor
TPC
$4.51B
| $1.09M | ﹤0.01% |
44,984
+26,186
| +139% | +$711K |
|
|
SDHY
3427
PGIM Short Duration High Yield Opportunities Fund
SDHY
$400M
| $1.09M | ﹤0.01% |
67,499
+21,393
| +46% | +$354K |
|
|
MIN
3428
Aberdeen Intermediate Income Fund
MIN
$275M
| $1.08M | ﹤0.01% |
407,475
+39,954
| +11% | +$108K |
|
3429
iShares iBonds Dec 2033 Term Corporate ETF
IBDY
$1.1B
| $1.08M | ﹤0.01% |
43,013
+9,083
| +27% | +$233K |
|
3430
Zacks Small/Mid Cap ETF
SMIZ
$280M
| $1.08M | ﹤0.01% |
+32,460
| New | +$1.12M |
|
3431
WillScot Mobile Mini Holdings
WSC
$4.83B
| $1.08M | ﹤0.01% |
32,190
-37,556
| -54% | -$1.38M |
|
3432
Cemex
CX
$16.8B
| $1.07M | ﹤0.01% |
190,591
+21,617
| +13% | +$123K |
|
3433
Steven Madden
SHOO
$3.58B
| $1.07M | ﹤0.01% |
25,271
+230
| +0.9% | +$10.4K |
|
|
RA
3434
Brookfield Real Assets Income Fund
RA
$712M
| $1.07M | ﹤0.01% |
80,666
+5,886
| +8% | +$79K |
|
|
PHT
3435
DELISTED
Pioneer High Income Fund
PHT
| $1.07M | ﹤0.01% |
138,465
+5,781
| +4% | +$45.4K |
|
3436
PUT
Salesforce
CRM
$156B
| $1.07M | ﹤0.01% |
3,200
+700
| +28% | +$223K |
|
3437
Pacer Trendpilot European Index ETF
PTEU
$37.8M
| $1.07M | ﹤0.01% |
44,662
-739
| -2% | -$19.2K |
|
3438
Veracyte
VCYT
$3.73B
| $1.07M | ﹤0.01% |
27,001
-548
| -2% | -$20.7K |
|
3439
Codexis
CDXS
$154M
| $1.07M | ﹤0.01% |
223,995
+35,335
| +19% | +$145K |
|
|
EVM
3440
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $1.07M | ﹤0.01% |
116,331
-44,684
| -28% | -$420K |
|
3441
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$720M
| $1.07M | ﹤0.01% |
45,498
-8,680
| -16% | -$204K |
|
3442
Global X Social Media ETF
SOCL
$95.5M
| $1.06M | ﹤0.01% |
25,145
+543
| +2% | +$23.4K |
|
3443
WisdomTree International AI Enhanced Value Fund
AIVI
$63.3M
| $1.06M | ﹤0.01% |
26,932
-12,055
| -31% | -$497K |
|
3444
Coca-Cola Femsa
KOF
$22.8B
| $1.06M | ﹤0.01% |
13,580
+413
| +3% | +$34K |
|
3445
PUT
Walmart Inc
WMT
$888B
| $1.06M | ﹤0.01% |
11,700
+6,600
| +129% | +$573K |
|
|
CIM
3446
Chimera Investment
CIM
$1.06B
| $1.06M | ﹤0.01% |
75,417
-6,488
| -8% | -$97.3K |
|
3447
Innospec
IOSP
$2.14B
| $1.05M | ﹤0.01% |
9,583
+506
| +6% | +$57.9K |
|
3448
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$578M
| $1.05M | ﹤0.01% |
12,678
+2,846
| +29% | +$239K |
|
3449
Hafnia
HAFN
$3.72B
| $1.05M | ﹤0.01% |
+188,392
| New | +$1.12M |
|
3450
Sphere Entertainment
SPHR
$5.69B
| $1.05M | ﹤0.01% |
26,016
+5,135
| +25% | +$215K |
|
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.