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 | |
|---|---|---|---|---|---|---|
|
ETX
3951
Eaton Vance Municipal Income 2028 Term Trust
ETX
$199M
| $589K | ﹤0.01% |
33,440
+14
| +0% | +$258 |
|
3952
8x8 Inc
EGHT
$292M
| $589K | ﹤0.01% |
220,494
+36,067
| +20% | +$92.6K |
|
|
MQT
3953
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $589K | ﹤0.01% |
59,692
-26,119
| -30% | -$273K |
|
3954
Dimensional Emerging Markets Value ETF
DFEV
$1.96B
| $587K | ﹤0.01% |
22,412
+8,212
| +58% | +$225K |
|
|
MPV
3955
Barings Participation Investors
MPV
$175M
| $587K | ﹤0.01% |
34,355
+21,463
| +166% | +$364K |
|
3956
FormFactor
FORM
$8.48B
| $586K | ﹤0.01% |
13,308
-31,945
| -71% | -$1.37M |
|
3957
Global X Gold Explorers ETF NEW
GOEX
$107M
| $585K | ﹤0.01% |
19,891
-1,523
| -7% | -$50.1K |
|
3958
Community Health Systems
CYH
$412M
| $584K | ﹤0.01% |
195,270
+188
| +0.1% | +$789 |
|
3959
Civeo
CVEO
$339M
| $584K | ﹤0.01% |
25,687
+2,575
| +11% | +$64.5K |
|
3960
Alamo Group
ALG
$1.99B
| $583K | ﹤0.01% |
3,134
-172
| -5% | -$32.1K |
|
3961
VanEck Vietnam ETF
VNM
$506M
| $582K | ﹤0.01% |
50,736
+3,928
| +8% | +$46.9K |
|
3962
CALL
Pinduoduo
PDD
$128B
| $582K | ﹤0.01% |
+6,000
| New | +$698K |
|
3963
JetBlue
JBLU
$2.35B
| $582K | ﹤0.01% |
74,016
-54
| -0.1% | -$366 |
|
3964
SharkNinja
SN
$22.7B
| $581K | ﹤0.01% |
5,965
-1,526
| -20% | -$156K |
|
3965
Consolidated Water Co
CWCO
$473M
| $579K | ﹤0.01% |
22,383
+268
| +1% | +$6.83K |
|
3966
Ascendis Pharma A/S
ASND
$16B
| $578K | ﹤0.01% |
4,199
+1,577
| +60% | +$207K |
|
|
HEAL
3967
Global X Funds Global X HealthTech ETF
HEAL
$29.4M
| $577K | ﹤0.01% |
19,555
-1,833
| -9% | -$54.5K |
|
3968
MYR Group
MYRG
$5.26B
| $576K | ﹤0.01% |
3,875
-147
| -4% | -$20.6K |
|
3969
PUT
Stryker
SYK
$131B
| $576K | ﹤0.01% |
1,600
-200
| -11% | -$74.1K |
|
|
NARI
3970
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $576K | ﹤0.01% |
11,279
-2,616
| -19% | -$129K |
|
|
QXO
3971
QXO Inc
QXO
$14.6B
| $576K | ﹤0.01% |
36,199
-20,939
| -37% | -$330K |
|
3972
West Fraser Timber
WFG
$5.2B
| $575K | ﹤0.01% |
6,642
+2,111
| +47% | +$198K |
|
3973
First Trust Latin America AlphaDEX Fund
FLN
$37.8M
| $574K | ﹤0.01% |
37,761
-7,449
| -16% | -$125K |
|
3974
Washington Trust Bancorp
WASH
$755M
| $573K | ﹤0.01% |
18,293
+738
| +4% | +$25.6K |
|
3975
MINISO
MNSO
$3.84B
| $573K | ﹤0.01% |
23,990
-190
| -0.8% | -$3.83K |
|
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.