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 | |
|---|---|---|---|---|---|---|
4226
Capitol Federal Financial
CFFN
$1.12B
| $430K | ﹤0.01% |
72,838
+541
| +0.7% | +$3.45K |
|
4227
Liberty Broadband Class C
LBRDK
$4.93B
| $430K | ﹤0.01% |
5,755
+599
| +12% | +$49.9K |
|
4228
POSCO
PKX
$15.9B
| $429K | ﹤0.01% |
9,904
+5,874
| +146% | +$326K |
|
4229
Hawkins
HWKN
$2.75B
| $429K | ﹤0.01% |
3,497
-2,463
| -41% | -$311K |
|
|
ENLC
4230
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $428K | ﹤0.01% |
30,224
+4,560
| +18% | +$68K |
|
4231
Hartford Large Cap Growth ETF
HFGO
$203M
| $427K | ﹤0.01% |
+18,088
| New | +$416K |
|
4232
Columbus McKinnon
CMCO
$570M
| $425K | ﹤0.01% |
+11,420
| New | +$415K |
|
4233
New York Times
NYT
$12.3B
| $425K | ﹤0.01% |
8,164
+858
| +12% | +$46.8K |
|
|
TGI
4234
DELISTED
Triumph Group
TGI
| $425K | ﹤0.01% |
22,751
+294
| +1% | +$4.88K |
|
4235
DXC Technology
DXC
$1.87B
| $424K | ﹤0.01% |
21,241
-4,262
| -17% | -$89.9K |
|
4236
Aegon
AEG
$14B
| $424K | ﹤0.01% |
72,000
+3,039
| +4% | +$19.1K |
|
|
HIX
4237
Western Asset High Income Fund II
HIX
$349M
| $424K | ﹤0.01% |
100,657
-2,429
| -2% | -$10.7K |
|
|
WSR
4238
DELISTED
Whitestone REIT
WSR
| $423K | ﹤0.01% |
29,847
+212
| +0.7% | +$3.02K |
|
4239
Wabash National
WNC
$507M
| $423K | ﹤0.01% |
24,688
+5,191
| +27% | +$96.2K |
|
4240
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.54B
| $423K | ﹤0.01% |
15,972
-3,049
| -16% | -$85K |
|
4241
CALL
Advanced Micro Devices
AMD
$770B
| $423K | ﹤0.01% |
+3,500
| New | +$504K |
|
4242
iShares iBonds Dec 2033 Term Treasury ETF
IBTO
$462M
| $423K | ﹤0.01% |
17,885
+5,168
| +41% | +$125K |
|
4243
Kennametal
KMT
$2.67B
| $422K | ﹤0.01% |
17,566
+3,978
| +29% | +$106K |
|
4244
Altimmune
ALT
$581M
| $419K | ﹤0.01% |
58,173
+7,693
| +15% | +$58.8K |
|
|
SYSB
4245
iShares Systematic Bond ETF
SYSB
$1.16B
| $419K | ﹤0.01% |
4,820
+264
| +6% | +$23.1K |
|
|
RFEU
4246
DELISTED
First Trust RiverFront Dynamic Europe ETF
RFEU
| $419K | ﹤0.01% |
7,080
-246
| -3% | -$15.5K |
|
4247
Applied Optoelectronics
AAOI
$8.09B
| $419K | ﹤0.01% |
11,356
-5,987
| -35% | -$161K |
|
4248
Aurinia Pharmaceuticals
AUPH
$1.9B
| $418K | ﹤0.01% |
46,600
+8,327
| +22% | +$67.9K |
|
4249
CTS Corp
CTS
$1.83B
| $418K | ﹤0.01% |
7,931
+2,175
| +38% | +$114K |
|
|
EOD
4250
Allspring Global Dividend Opportunity Fund
EOD
$281M
| $417K | ﹤0.01% |
83,953
+100
| +0.1% | +$494 |
|
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.