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 | |
|---|---|---|---|---|---|---|
|
NGD
4376
DELISTED
New Gold Inc
NGD
| $357K | ﹤0.01% |
143,964
+12,292
| +9% | +$33.9K |
|
4377
Fidelity Fundamental Large Cap Growth ETF
FFLG
$581M
| $357K | ﹤0.01% |
14,239
+4,703
| +49% | +$118K |
|
4378
Central Pacific Financial
CPF
$1.02B
| $357K | ﹤0.01% |
12,282
+100
| +0.8% | +$2.98K |
|
4379
PUT
American Express
AXP
$227B
| $356K | ﹤0.01% |
1,200
+300
| +33% | +$86.2K |
|
4380
Surgery Partners
SGRY
$2.01B
| $355K | ﹤0.01% |
16,749
+3,062
| +22% | +$80.3K |
|
|
ARDC
4381
Are Dynamic Credit Allocation Fund
ARDC
$297M
| $354K | ﹤0.01% |
23,441
+3,758
| +19% | +$57.1K |
|
4382
WisdomTree Europe Quality Dividend Growth Fund
EUDG
$69.3M
| $354K | ﹤0.01% |
11,873
-2,710
| -19% | -$85.7K |
|
|
SFIX
4383
Stitch Fix
SFIX
$536M
| $354K | ﹤0.01% |
82,055
+62,258
| +314% | +$229K |
|
4384
Neuberger Commodity Strategy ETF
NBCM
$457M
| $353K | ﹤0.01% |
16,883
-6,702
| -28% | -$146K |
|
4385
Alpha and Omega Semiconductor
AOSL
$950M
| $352K | ﹤0.01% |
+9,511
| New | +$354K |
|
4386
FT Vest US Equity Max Buffer ETF March
MARM
$108M
| $352K | ﹤0.01% |
11,404
-61,780
| -84% | -$1.9M |
|
4387
Shutterstock
SSTK
$198M
| $351K | ﹤0.01% |
11,562
+1,772
| +18% | +$55.7K |
|
4388
The RealReal
REAL
$1.46B
| $350K | ﹤0.01% |
32,066
-2,846
| -8% | -$15.1K |
|
4389
AtriCure
ATRC
$1.92B
| $350K | ﹤0.01% |
11,465
+584
| +5% | +$18.8K |
|
4390
Loar Holdings
LOAR
$6.41B
| $349K | ﹤0.01% |
+4,717
| New | +$387K |
|
4391
Invesco Mortgage Capital
IVR
$759M
| $348K | ﹤0.01% |
43,225
-425
| -1% | -$3.57K |
|
4392
Remitly
RELY
$4.79B
| $347K | ﹤0.01% |
+15,375
| New | +$283K |
|
|
SVM
4393
Silvercorp Metals
SVM
$2.07B
| $346K | ﹤0.01% |
115,251
+22,079
| +24% | +$87.1K |
|
4394
Rogers Communications
RCI
$18.3B
| $345K | ﹤0.01% |
11,239
-4,301
| -28% | -$154K |
|
4395
Maximus
MMS
$3.17B
| $345K | ﹤0.01% |
4,626
-132,534
| -97% | -$10.8M |
|
4396
Nuveen Churchill Direct Lending
NCDL
$599M
| $345K | ﹤0.01% |
+20,576
| New | +$353K |
|
4397
AllianzIM U.S. Equity Buffer20 Dec ETF
DECW
$227M
| $345K | ﹤0.01% |
11,336
-12,117
| -52% | -$370K |
|
|
DOCT
4398
FT Vest US Equity Deep Buffer ETF October
DOCT
$385M
| $345K | ﹤0.01% |
8,752
-205
| -2% | -$8.07K |
|
4399
Teekay Tankers
TNK
$2.75B
| $343K | ﹤0.01% |
8,625
-21,869
| -72% | -$1.01M |
|
4400
US Physical Therapy
USPH
$1.2B
| $343K | ﹤0.01% |
3,865
-258
| -6% | -$23K |
|
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.