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 | |
|---|---|---|---|---|---|---|
3776
Global X Emerging Markets Bond ETF
EMBD
$249M
| $713K | ﹤0.01% |
31,600
-1,902
| -6% | -$43.9K |
|
|
MASI
3777
DELISTED
Masimo
MASI
| $712K | ﹤0.01% |
4,310
+803
| +23% | +$127K |
|
3778
Skyward Specialty Insurance
SKWD
$2.45B
| $712K | ﹤0.01% |
14,093
+2,378
| +20% | +$115K |
|
|
ACLX
3779
DELISTED
Arcellx
ACLX
| $711K | ﹤0.01% |
9,274
+119
| +1% | +$10.3K |
|
3780
AAR Corp
AIR
$5.84B
| $711K | ﹤0.01% |
11,601
+1,362
| +13% | +$87.3K |
|
3781
FlexShares STOXX Global ESG Select Index Fund
ESGG
$113M
| $711K | ﹤0.01% |
4,230
+20
| +0.5% | +$3.43K |
|
3782
Cousins Properties
CUZ
$5.11B
| $709K | ﹤0.01% |
23,149
+8,035
| +53% | +$246K |
|
|
USAP
3783
DELISTED
Universal Stainless & Alloy
USAP
| $708K | ﹤0.01% |
16,090
-5,592
| -26% | -$242K |
|
3784
iShares MSCI South Africa ETF
EZA
$560M
| $707K | ﹤0.01% |
16,868
-25,934
| -61% | -$1.24M |
|
3785
GraniteShares Nasdaq Select Disruptors ETF
DRUP
$49.8M
| $707K | ﹤0.01% |
12,509
+175
| +1% | +$9.81K |
|
3786
Barrett Business Services
BBSI
$966M
| $707K | ﹤0.01% |
16,267
-3,603
| -18% | -$146K |
|
3787
FT Vest US Equity Moderate Buffer ETF August
GAUG
$292M
| $707K | ﹤0.01% |
20,027
+13,021
| +186% | +$458K |
|
3788
Gorman-Rupp
GRC
$2.2B
| $706K | ﹤0.01% |
18,608
+2,146
| +13% | +$85.8K |
|
3789
Adaptive Biotechnologies
ADPT
$3.74B
| $705K | ﹤0.01% |
117,616
-8,470
| -7% | -$46.7K |
|
3790
Vesta Real Estate
VTMX
$3.21B
| $705K | ﹤0.01% |
+27,529
| New | +$704K |
|
3791
iShares Asia/Pacific Dividend ETF
DVYA
$71.1M
| $705K | ﹤0.01% |
19,680
+13,265
| +207% | +$496K |
|
3792
Strategic Education
STRA
$1.88B
| $705K | ﹤0.01% |
7,543
-788
| -9% | -$73.6K |
|
3793
Ardelyx
ARDX
$1.23B
| $704K | ﹤0.01% |
138,804
-58,562
| -30% | -$324K |
|
3794
Freshworks
FRSH
$3.27B
| $703K | ﹤0.01% |
+43,477
| New | +$618K |
|
|
BGH
3795
Barings Global Short Duration High Yield Fund
BGH
$284M
| $703K | ﹤0.01% |
+45,529
| New | +$707K |
|
|
OLO
3796
DELISTED
Olo Inc
OLO
| $700K | ﹤0.01% |
91,130
+40,218
| +79% | +$251K |
|
3797
US Global GO Gold and Precious Metal Miners ETF
GOAU
$171M
| $699K | ﹤0.01% |
36,897
+3,930
| +12% | +$83.4K |
|
3798
Harrow
HROW
$1.47B
| $699K | ﹤0.01% |
20,824
-8,049
| -28% | -$356K |
|
3799
Liberty Media Series A
FWONA
$22.4B
| $698K | ﹤0.01% |
8,311
+252
| +3% | +$19.6K |
|
3800
Helmerich & Payne
HP
$3.37B
| $697K | ﹤0.01% |
21,763
+408
| +2% | +$13.8K |
|
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.