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 | |
|---|---|---|---|---|---|---|
4201
Jack in the Box
JACK
$323M
| $443K | ﹤0.01% |
10,642
+1,418
| +15% | +$65.4K |
|
4202
Mattel
MAT
$4.36B
| $443K | ﹤0.01% |
24,986
+935
| +4% | +$17.7K |
|
|
ABXB
4203
Abacus Flexible Bond Leaders ETF
ABXB
$1.91M
| $443K | ﹤0.01% |
23,243
| – | – |
|
4204
CALL
Constellation Brands
STZ
$22.4B
| $442K | ﹤0.01% |
+2,000
| New | +$475K |
|
4205
Innovator US Equity Ultra Buffer ETF February
UFEB
$239M
| $442K | ﹤0.01% |
13,284
+41
| +0.3% | +$1.35K |
|
4206
Franklin Municipal Green Bond ETF
FLMB
$74.8M
| $441K | ﹤0.01% |
18,537
+1,647
| +10% | +$39.7K |
|
4207
RadNet
RDNT
$5.31B
| $441K | ﹤0.01% |
6,318
-1,685
| -21% | -$124K |
|
4208
MoonLake Immunotherapeutics
MLTX
$1.5B
| $441K | ﹤0.01% |
8,146
+1,332
| +20% | +$68K |
|
4209
Janux Therapeutics
JANX
$934M
| $439K | ﹤0.01% |
+8,202
| New | +$434K |
|
4210
Hain Celestial
HAIN
$45.2M
| $438K | ﹤0.01% |
71,253
-10,418
| -13% | -$83.3K |
|
4211
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$231M
| $436K | ﹤0.01% |
13,500
-1,334
| -9% | -$43.3K |
|
4212
Hanover Bancorp
HNVR
$189M
| $435K | ﹤0.01% |
18,874
-70
| -0.4% | -$1.53K |
|
|
EIC
4213
Eagle Point Income Co
EIC
$231M
| $435K | ﹤0.01% |
27,976
+3,504
| +14% | +$55.5K |
|
|
DMC
4214
Del Monte Corp
DMC
$1.42B
| $434K | ﹤0.01% |
+13,075
| New | +$420K |
|
4215
CorMedix
CRMD
$588M
| $434K | ﹤0.01% |
53,567
-3,198
| -6% | -$31.9K |
|
|
DFTX
4216
Definium Therapeutics
DFTX
$5.58B
| $434K | ﹤0.01% |
62,334
+14,439
| +30% | +$99.3K |
|
4217
Vitesse Energy
VTS
$645M
| $434K | ﹤0.01% |
17,344
+4,132
| +31% | +$108K |
|
4218
PGIM Active Aggregate Bond ETF
PAB
$70.6M
| $433K | ﹤0.01% |
+10,432
| New | +$440K |
|
4219
Bioventus
BVS
$927M
| $433K | ﹤0.01% |
41,213
-1,341
| -3% | -$15.9K |
|
|
PFD
4220
Flaherty & Crumrine Preferred and Income Fund
PFD
$147M
| $433K | ﹤0.01% |
38,483
-1,952
| -5% | -$22.5K |
|
4221
VictoryShares US Value Momentum ETF
ULVM
$266M
| $432K | ﹤0.01% |
5,369
+1,196
| +29% | +$99.3K |
|
4222
PUT
JPMorgan Chase
JPM
$936B
| $431K | ﹤0.01% |
1,800
+400
| +29% | +$93.2K |
|
4223
LendingTree
TREE
$459M
| $431K | ﹤0.01% |
11,132
-2,578
| -19% | -$124K |
|
4224
Global X E-commerce ETF
EBIZ
$29M
| $431K | ﹤0.01% |
15,537
+3,239
| +26% | +$90.3K |
|
4225
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$13.8B
| $431K | ﹤0.01% |
+4,300
| New | +$426K |
|
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.