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 | |
|---|---|---|---|---|---|---|
4451
Novavax
NVAX
$1.2B
| $327K | ﹤0.01% |
40,652
-4,599
| -10% | -$44.3K |
|
4452
CALL
LPL Financial
LPLA
$28.3B
| $327K | ﹤0.01% |
+1,000
| New | +$296K |
|
4453
Vipshop
VIPS
$7.37B
| $325K | ﹤0.01% |
24,164
+12,919
| +115% | +$185K |
|
4454
Palomar
PLMR
$3.55B
| $325K | ﹤0.01% |
3,082
+194
| +7% | +$19.7K |
|
4455
NeoGenomics
NEO
$1.96B
| $325K | ﹤0.01% |
19,731
-1,611
| -8% | -$25K |
|
4456
Origin Bancorp
OBK
$1.69B
| $325K | ﹤0.01% |
9,755
+726
| +8% | +$24.3K |
|
4457
Champion Homes
SKY
$4.37B
| $325K | ﹤0.01% |
3,685
+384
| +12% | +$37.1K |
|
|
HONE
4458
DELISTED
HarborOne Bancorp
HONE
| $325K | ﹤0.01% |
27,435
+10
| +0% | +$127 |
|
4459
Franklin FTSE Asia ex Japan ETF
FLAX
$55.7M
| $325K | ﹤0.01% |
14,282
+325
| +2% | +$7.78K |
|
4460
Stantec
STN
$8.04B
| $324K | ﹤0.01% |
4,129
+8
| +0.2% | +$663 |
|
4461
Weyco Group
WEYS
$372M
| $324K | ﹤0.01% |
+8,618
| New | +$305K |
|
|
SOR
4462
Source Capital
SOR
$383M
| $323K | ﹤0.01% |
7,431
-1,863
| -20% | -$83K |
|
4463
PUT
Dell
DELL
$262B
| $323K | ﹤0.01% |
2,800
-700
| -20% | -$87.8K |
|
4464
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $322K | ﹤0.01% |
4,600
-900
| -16% | -$64.9K |
|
4465
Colony Bankcorp
CBAN
$465M
| $322K | ﹤0.01% |
+19,927
| New | +$326K |
|
4466
Array Technologies
ARRY
$803M
| $321K | ﹤0.01% |
53,208
+16,446
| +45% | +$105K |
|
|
MEGI
4467
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$796M
| $321K | ﹤0.01% |
26,406
-10,041
| -28% | -$137K |
|
4468
Opendoor
OPEN
$3.64B
| $321K | ﹤0.01% |
207,360
-8,597
| -4% | -$15.6K |
|
4469
LiveRamp
RAMP
$2.3B
| $321K | ﹤0.01% |
+10,571
| New | +$296K |
|
4470
FT Vest International Equity Moderate Buffer ETF March
YMAR
$161M
| $321K | ﹤0.01% |
14,080
-638
| -4% | -$14.9K |
|
4471
Shinhan Financial Group
SHG
$32.8B
| $321K | ﹤0.01% |
9,750
+1,923
| +25% | +$74.4K |
|
4472
Allogene Therapeutics
ALLO
$649M
| $320K | ﹤0.01% |
150,413
-1,487
| -1% | -$3.67K |
|
|
ASA
4473
ASA Gold and Precious Metals
ASA
$919M
| $320K | ﹤0.01% |
15,827
-537
| -3% | -$11.2K |
|
4474
Danaos Corp
DAC
$2.58B
| $320K | ﹤0.01% |
3,995
+637
| +19% | +$52.5K |
|
|
IRBT
4475
DELISTED
iRobot
IRBT
| $320K | ﹤0.01% |
41,254
+1,346
| +3% | +$10.8K |
|
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.