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 | |
|---|---|---|---|---|---|---|
4401
Genco Shipping & Trading
GNK
$1.11B
| $342K | ﹤0.01% |
24,566
+736
| +3% | +$12K |
|
4402
Oxbridge Re Holdings Ltd Warrant
OXBRW
| $342K | ﹤0.01% |
+712,852
| New | +$186K |
|
4403
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$336M
| $341K | ﹤0.01% |
6,702
-1,682
| -20% | -$92K |
|
4404
AdvisorShares Dorsey Wright FSM All Cap World ETF
DWAW
$91.1M
| $341K | ﹤0.01% |
8,505
+1,458
| +21% | +$59.2K |
|
4405
Pampa Energía
PAM
$4.75B
| $341K | ﹤0.01% |
3,879
+293
| +8% | +$22.3K |
|
4406
Innovator US Equity 10 Buffer ETF Quarterly
ZALT
$754M
| $340K | ﹤0.01% |
11,433
+645
| +6% | +$19.2K |
|
4407
Arrow Dow Jones Global Yield ETF
GYLD
$36.8M
| $340K | ﹤0.01% |
27,703
+4,453
| +19% | +$58.3K |
|
4408
Ultragenyx Pharmaceutical
RARE
$2.45B
| $340K | ﹤0.01% |
8,083
-287
| -3% | -$14.2K |
|
4409
PUT
Sherwin-Williams
SHW
$82.7B
| $340K | ﹤0.01% |
+1,000
| New | +$373K |
|
4410
Main International ETF
INTL
$231M
| $340K | ﹤0.01% |
15,363
+3,305
| +27% | +$76.1K |
|
4411
Compass
COMP
$8.51B
| $339K | ﹤0.01% |
57,950
+2,880
| +5% | +$18.2K |
|
4412
Pacific Biosciences
PACB
$435M
| $339K | ﹤0.01% |
185,222
-10,291
| -5% | -$20.1K |
|
4413
Sprott Junior Uranium Miners ETF
URNJ
$313M
| $339K | ﹤0.01% |
18,230
-6,103
| -25% | -$138K |
|
4414
Bilibili
BILI
$7.99B
| $338K | ﹤0.01% |
18,638
+5,386
| +41% | +$113K |
|
4415
MillerKnoll
MLKN
$1.53B
| $338K | ﹤0.01% |
14,941
-33,593
| -69% | -$812K |
|
4416
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
FDTS
$12.9M
| $337K | ﹤0.01% |
8,461
-273
| -3% | -$11.3K |
|
|
MHF
4417
Western Asset Municipal High Income Fund
MHF
$151M
| $337K | ﹤0.01% |
49,597
+3,650
| +8% | +$25.9K |
|
4418
Payoneer
PAYO
$2.42B
| $337K | ﹤0.01% |
33,520
+4,230
| +14% | +$40.4K |
|
4419
XP
XP
$8.81B
| $336K | ﹤0.01% |
28,368
+15,675
| +123% | +$247K |
|
4420
Park Aerospace
PKE
$737M
| $336K | ﹤0.01% |
22,936
+12,181
| +113% | +$175K |
|
4421
Frontdoor
FTDR
$5.1B
| $336K | ﹤0.01% |
+6,137
| New | +$333K |
|
4422
Sunstone Hotel Investors
SHO
$2.19B
| $335K | ﹤0.01% |
28,329
+4,624
| +20% | +$50.4K |
|
4423
PUT
Twilio
TWLO
$30B
| $335K | ﹤0.01% |
+3,100
| New | +$283K |
|
|
LAR
4424
Lithium Argentina AG
LAR
$985M
| $335K | ﹤0.01% |
127,855
-17,888
| -12% | -$58.2K |
|
|
TE
4425
T1 Energy
TE
$1.16B
| $335K | ﹤0.01% |
129,720
-30,637
| -19% | -$51.4K |
|
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.