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 | |
|---|---|---|---|---|---|---|
4026
Byrna Technologies
BYRN
$111M
| $544K | ﹤0.01% |
18,873
-20,192
| -52% | -$396K |
|
4027
Humacyte Inc Warrant
HUMAW
$1.27M
| $543K | ﹤0.01% |
298,480
-2,119
| -0.7% | -$3.76K |
|
4028
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.69B
| $543K | ﹤0.01% |
+9,000
| New | +$558K |
|
4029
Belden
BDC
$4.8B
| $541K | ﹤0.01% |
4,806
+1,032
| +27% | +$123K |
|
4030
Lattice Semiconductor
LSCC
$18B
| $541K | ﹤0.01% |
9,546
-633
| -6% | -$34.7K |
|
4031
Amplify BlackSwan Growth & Treasure Core ETF
SWAN
$159M
| $540K | ﹤0.01% |
18,383
-13,993
| -43% | -$423K |
|
4032
AMN Healthcare
AMN
$1.28B
| $539K | ﹤0.01% |
22,542
+2,075
| +10% | +$65.9K |
|
4033
BlackRock MuniYield New York Quality Fund
MYN
$372M
| $539K | ﹤0.01% |
53,448
+11,071
| +26% | +$116K |
|
4034
Vaxcyte
PCVX
$7.73B
| $537K | ﹤0.01% |
6,563
-6,902
| -51% | -$685K |
|
4035
Kadant
KAI
$3.83B
| $537K | ﹤0.01% |
1,557
+241
| +18% | +$87.4K |
|
4036
Columbia Short Duration Bond ETF
SBND
$205M
| $537K | ﹤0.01% |
29,086
| – | – |
|
4037
Brink's
BCO
$4.76B
| $535K | ﹤0.01% |
5,769
-790
| -12% | -$79K |
|
4038
Mayville Engineering Co
MEC
$677M
| $535K | ﹤0.01% |
34,046
+12,588
| +59% | +$230K |
|
|
SELF
4039
Global Self Storage
SELF
$58.9M
| $535K | ﹤0.01% |
100,292
-18,485
| -16% | -$94.5K |
|
4040
PUT
iShares S&P 500 Value ETF
IVE
$49.3B
| $534K | ﹤0.01% |
2,800
+100
| +4% | +$19.8K |
|
4041
CALL
Intel
INTC
$459B
| $533K | ﹤0.01% |
26,600
+7,500
| +39% | +$169K |
|
4042
LSB Industries
LXU
$707M
| $532K | ﹤0.01% |
70,100
+1,960
| +3% | +$16.8K |
|
4043
Monarch Casino & Resort
MCRI
$2.24B
| $532K | ﹤0.01% |
6,737
+2,155
| +47% | +$174K |
|
|
PINE
4044
Alpine Income Property Trust
PINE
$335M
| $531K | ﹤0.01% |
31,637
-1,786
| -5% | -$31.4K |
|
4045
Limbach Holdings
LMB
$873M
| $530K | ﹤0.01% |
6,197
+644
| +12% | +$56.8K |
|
4046
Worthington Steel
WS
$1.86B
| $529K | ﹤0.01% |
16,632
+1,078
| +7% | +$42K |
|
|
GNTY
4047
DELISTED
Guaranty Bancshares
GNTY
| $529K | ﹤0.01% |
15,294
-498
| -3% | -$17.5K |
|
4048
First Merchants
FRME
$2.71B
| $529K | ﹤0.01% |
13,262
+468
| +4% | +$18.9K |
|
|
MVF
4049
DELISTED
BlackRock MuniVest Fund
MVF
| $528K | ﹤0.01% |
75,065
+13,067
| +21% | +$96K |
|
4050
SEI QiM U.S. Large Cap Value Active ETF
SEIV
$1.48B
| $528K | ﹤0.01% |
15,944
+4,508
| +39% | +$152K |
|
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.