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 | |
|---|---|---|---|---|---|---|
|
LNKB
4301
DELISTED
LINKBANCORP
LNKB
| $395K | ﹤0.01% |
52,844
+4,072
| +8% | +$29K |
|
4302
CNB Financial Corp
CCNE
$1.05B
| $395K | ﹤0.01% |
15,873
-5,740
| -27% | -$150K |
|
|
JHS
4303
John Hancock Income Securities Trust
JHS
$127M
| $393K | ﹤0.01% |
35,139
+1,867
| +6% | +$21.5K |
|
4304
PUT
iShares MSCI EAFE ETF
EFA
$78.3B
| $393K | ﹤0.01% |
5,200
+1,100
| +27% | +$87.1K |
|
4305
Enterprise Financial Services Corp
EFSC
$2.42B
| $393K | ﹤0.01% |
6,963
+915
| +15% | +$51.2K |
|
|
SA
4306
Seabridge Gold
SA
$2.79B
| $392K | ﹤0.01% |
34,389
-15,000
| -30% | -$231K |
|
4307
Viavi Solutions
VIAV
$9.28B
| $392K | ﹤0.01% |
38,823
+5,891
| +18% | +$58.1K |
|
4308
CALL
Uber
UBER
$146B
| $392K | ﹤0.01% |
+6,500
| New | +$464K |
|
4309
DigitalBridge
DBRG
$2.93B
| $391K | ﹤0.01% |
34,647
-1,195
| -3% | -$16.1K |
|
|
BRFS
4310
DELISTED
BRF SA
BRFS
| $391K | ﹤0.01% |
96,019
+13,201
| +16% | +$57.3K |
|
4311
Innovator Emerging Markets Power Buffer ETF April
EAPR
$97.4M
| $390K | ﹤0.01% |
15,090
-1,297
| -8% | -$34.5K |
|
4312
TFS Financial
TFSL
$5.26B
| $390K | ﹤0.01% |
31,069
-366
| -1% | -$4.87K |
|
|
NXJ
4313
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $390K | ﹤0.01% |
32,051
-4,190
| -12% | -$52.4K |
|
4314
PUT
Home Depot
HD
$333B
| $389K | ﹤0.01% |
1,000
-100
| -9% | -$40.9K |
|
4315
STAAR Surgical
STAA
$1.21B
| $388K | ﹤0.01% |
15,994
+4,989
| +45% | +$142K |
|
4316
Dimensional Global Core Plus Fixed Income ETF
DFGP
$3.39B
| $388K | ﹤0.01% |
7,336
+649
| +10% | +$35.1K |
|
4317
Target Hospitality
TH
$1.55B
| $387K | ﹤0.01% |
40,069
-10,605
| -21% | -$88.7K |
|
4318
IPG Photonics
IPGP
$3.68B
| $387K | ﹤0.01% |
5,319
-40
| -0.7% | -$3.07K |
|
4319
Simply Good Foods
SMPL
$977M
| $386K | ﹤0.01% |
9,890
+315
| +3% | +$11.5K |
|
4320
AllianzIM U.S. Equity Buffer10 Jul ETF
JULT
$60.3M
| $384K | ﹤0.01% |
9,727
-1,715
| -15% | -$67.5K |
|
|
STEL
4321
DELISTED
Stellar Bancorp
STEL
| $384K | ﹤0.01% |
+13,529
| New | +$385K |
|
4322
Full House Resorts
FLL
$83M
| $383K | ﹤0.01% |
93,771
+80,700
| +617% | +$381K |
|
4323
FT Vest US Equity Enhance & Moderate Buffer ETF August
XAUG
$23.6M
| $382K | ﹤0.01% |
+11,162
| New | +$380K |
|
4324
Futu Holdings
FUTU
$14.9B
| $381K | ﹤0.01% |
+4,766
| New | +$446K |
|
|
LOUP
4325
DELISTED
Innovator Deepwater Frontier Tech ETF
LOUP
| $380K | ﹤0.01% |
7,129
+50
| +0.7% | +$2.64K |
|
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.