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 | |
|---|---|---|---|---|---|---|
3501
StepStone Group
STEP
$4B
| $988K | ﹤0.01% |
17,077
+20
| +0.1% | +$1.24K |
|
3502
Addus HomeCare
ADUS
$2.12B
| $988K | ﹤0.01% |
7,884
+3,393
| +76% | +$429K |
|
|
PLYM
3503
DELISTED
Plymouth Industrial REIT
PLYM
| $986K | ﹤0.01% |
55,394
-609
| -1% | -$12K |
|
3504
ProShares Online Retail ETF
ONLN
$67.3M
| $983K | ﹤0.01% |
21,999
-2,791
| -11% | -$127K |
|
3505
First Financial Bankshares
FFIN
$5.09B
| $979K | ﹤0.01% |
27,150
+12,582
| +86% | +$488K |
|
3506
Barron's 400 ETF
BFOR
$240M
| $978K | ﹤0.01% |
53,776
+1,848
| +4% | +$34.6K |
|
3507
Invesco Next Gen Connectivity ETF
KNCT
$162M
| $977K | ﹤0.01% |
9,285
-237
| -2% | -$24.8K |
|
3508
California Water Service
CWT
$3.11B
| $976K | ﹤0.01% |
21,540
+2,116
| +11% | +$107K |
|
3509
Union Bankshares
UNB
$108M
| $975K | ﹤0.01% |
33,739
-1,270
| -4% | -$38.4K |
|
|
GOOS
3510
Canada Goose Holdings
GOOS
$860M
| $975K | ﹤0.01% |
97,174
+16,983
| +21% | +$173K |
|
3511
Burford Capital
BUR
$951M
| $974K | ﹤0.01% |
76,358
+2,307
| +3% | +$31K |
|
3512
FT Vest US Equity Enhance & Moderate Buffer ETF December
XDEC
$204M
| $973K | ﹤0.01% |
26,073
+6,431
| +33% | +$238K |
|
3513
Perrigo
PRGO
$1.49B
| $970K | ﹤0.01% |
37,738
+9,663
| +34% | +$254K |
|
3514
Saic
SAIC
$5.09B
| $967K | ﹤0.01% |
8,655
-701
| -7% | -$92.5K |
|
3515
Innovator US Equity Ultra Buffer ETF April
UAPR
$158M
| $966K | ﹤0.01% |
31,335
+1,895
| +6% | +$58.2K |
|
|
GNT
3516
GAMCO Natural Resources, Gold & Income Trust
GNT
$137M
| $964K | ﹤0.01% |
182,274
+3,337
| +2% | +$19.3K |
|
3517
Trip.com Group
TCOM
$29.5B
| $960K | ﹤0.01% |
13,983
-494
| -3% | -$32.7K |
|
|
TWFG
3518
TWFG Inc
TWFG
$356M
| $960K | ﹤0.01% |
31,171
+3,585
| +13% | +$111K |
|
3519
Newell Brands
NWL
$2.61B
| $959K | ﹤0.01% |
96,294
+2,808
| +3% | +$25.5K |
|
3520
PUT
Bank of America
BAC
$440B
| $958K | ﹤0.01% |
21,800
-43,100
| -66% | -$1.9M |
|
3521
Metropolitan Bank Holding Corp
MCB
$1.17B
| $956K | ﹤0.01% |
+16,378
| New | +$983K |
|
3522
Blackbaud
BLKB
$2.07B
| $954K | ﹤0.01% |
12,905
+1,940
| +18% | +$159K |
|
3523
Entrada Therapeutics
TRDA
$281M
| $954K | ﹤0.01% |
55,154
+6,310
| +13% | +$114K |
|
|
EMTL
3524
DELISTED
State Street DoubleLine Emerging Markets Fixed Income ETF
EMTL
| $953K | ﹤0.01% |
22,639
+795
| +4% | +$34K |
|
3525
Atlas Energy Solutions
AESI
$1.37B
| $951K | ﹤0.01% |
42,884
+226
| +0.5% | +$4.87K |
|
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.