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 | |
|---|---|---|---|---|---|---|
|
KTF
3901
DWS Municipal Income Trust
KTF
$346M
| $620K | ﹤0.01% |
65,631
+403
| +0.6% | +$3.98K |
|
3902
NCR Voyix
VYX
$1.19B
| $620K | ﹤0.01% |
44,772
+2,286
| +5% | +$31.7K |
|
3903
ClearPoint Neuro
CLPT
$461M
| $619K | ﹤0.01% |
40,250
+1,750
| +5% | +$22.7K |
|
3904
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$62.9M
| $619K | ﹤0.01% |
16,720
-237
| -1% | -$9.27K |
|
3905
Sportradar
SRAD
$3.65B
| $618K | ﹤0.01% |
35,663
+1,287
| +4% | +$19.4K |
|
3906
Digi International
DGII
$2.65B
| $618K | ﹤0.01% |
20,438
+6,069
| +42% | +$189K |
|
|
ACH
3907
Accendra Health
ACH
$261M
| $617K | ﹤0.01% |
+47,195
| New | +$629K |
|
3908
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
MFEM
$144M
| $617K | ﹤0.01% |
32,439
-3,675
| -10% | -$73.5K |
|
3909
Spectrum Brands
SPB
$2.04B
| $615K | ﹤0.01% |
7,284
+669
| +10% | +$60.6K |
|
|
NXG
3910
NXG NextGen Infrastructure Income Fund
NXG
$331M
| $615K | ﹤0.01% |
13,429
+9
| +0.1% | +$412 |
|
3911
Invesco Bond Fund
VBF
$168M
| $615K | ﹤0.01% |
39,835
-4,511
| -10% | -$72.7K |
|
|
PML
3912
PIMCO Municipal Income Fund II
PML
$484M
| $615K | ﹤0.01% |
75,969
+8,731
| +13% | +$76.7K |
|
3913
Castle Biosciences
CSTL
$928M
| $614K | ﹤0.01% |
23,043
-3,421
| -13% | -$104K |
|
3914
CALL
KraneShares CSI China Internet ETF
KWEB
$5.69B
| $614K | ﹤0.01% |
21,000
+14,500
| +223% | +$465K |
|
3915
Greenland Technologies Holding
GTEC
$14.2M
| $613K | ﹤0.01% |
315,900
-43,800
| -12% | -$98.2K |
|
3916
Ingles Markets
IMKTA
$1.74B
| $612K | ﹤0.01% |
9,502
+3,108
| +49% | +$209K |
|
3917
Royalty Pharma
RPRX
$25.3B
| $610K | ﹤0.01% |
23,905
-2,859
| -11% | -$75.8K |
|
3918
Cass Information Systems
CASS
$722M
| $610K | ﹤0.01% |
14,901
+976
| +7% | +$41.9K |
|
3919
CapForce IBD 50 ETF
FFTY
$79.8M
| $609K | ﹤0.01% |
21,318
-3,710
| -15% | -$108K |
|
3920
Simplify US Equity PLUS Downside Convexity ETF
SPD
$107M
| $609K | ﹤0.01% |
18,249
+5,556
| +44% | +$190K |
|
3921
FT Vest SMID Rising Dividend Achievers Target Income ETF
SDVD
$923M
| $609K | ﹤0.01% |
28,286
+15,951
| +129% | +$360K |
|
3922
John Wiley & Sons Class A
WLY
$2.7B
| $608K | ﹤0.01% |
13,920
-235
| -2% | -$11.5K |
|
3923
OR Royalties Inc
OR
$5.71B
| $608K | ﹤0.01% |
33,598
-5,436
| -14% | -$106K |
|
3924
BARK
BARK
$88.8M
| $606K | ﹤0.01% |
+16,481
| New | +$578K |
|
3925
Hennessy Sustainable ETF
STNC
$93M
| $604K | ﹤0.01% |
19,909
| – | – |
|
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.