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 | |
|---|---|---|---|---|---|---|
4501
GDS Holdings
GDS
$6.56B
| $310K | ﹤0.01% |
+13,058
| New | +$276K |
|
|
BRSL
4502
Brightstar Lottery PLC
BRSL
$1.84B
| $309K | ﹤0.01% |
17,524
-5,309
| -23% | -$104K |
|
4503
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$105M
| $309K | ﹤0.01% |
+7,470
| New | +$430K |
|
4504
NewtekOne
NEWT
$428M
| $309K | ﹤0.01% |
24,199
-635
| -3% | -$8.61K |
|
4505
PUT
Eli Lilly
LLY
$1.02T
| $309K | ﹤0.01% |
400
-1,300
| -76% | -$1.08M |
|
|
PSTL
4506
Postal Realty Trust
PSTL
$694M
| $308K | ﹤0.01% |
23,634
-2,867
| -11% | -$40.2K |
|
4507
PUT
iShares Silver Trust
SLV
$28B
| $308K | ﹤0.01% |
+11,700
| New | +$334K |
|
4508
PUT
Blackrock
BLK
$169B
| $308K | ﹤0.01% |
300
| – | – |
|
4509
VSE Corp
VSEC
$5.45B
| $307K | ﹤0.01% |
3,223
+391
| +14% | +$41.2K |
|
4510
AllianzIM U.S. Equity Buffer20 May ETF
MAYW
$448M
| $306K | ﹤0.01% |
+10,070
| New | +$306K |
|
4511
NexGen Energy
NXE
$6.06B
| $306K | ﹤0.01% |
46,331
+830
| +2% | +$6.26K |
|
4512
Algoma Steel
ASTL
$406M
| $305K | ﹤0.01% |
31,221
-2,400
| -7% | -$24.8K |
|
|
FINV
4513
FinVolution Group
FINV
$1.15B
| $305K | ﹤0.01% |
44,870
+2,257
| +5% | +$14.5K |
|
4514
VanEck International High Yield Bond ETF
IHY
$43.3M
| $304K | ﹤0.01% |
14,833
+795
| +6% | +$16.7K |
|
4515
Apogee Enterprises
APOG
$826M
| $304K | ﹤0.01% |
4,253
+541
| +15% | +$42.5K |
|
|
JCTC
4516
Jewett-Cameron Trading
JCTC
$9.33M
| $304K | ﹤0.01% |
65,500
| – | – |
|
|
MUI
4517
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $303K | ﹤0.01% |
25,031
-19,298
| -44% | -$241K |
|
|
FFIC
4518
DELISTED
Flushing Financial
FFIC
| $302K | ﹤0.01% |
21,150
-477
| -2% | -$7.6K |
|
4519
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$130M
| $302K | ﹤0.01% |
26,245
+337
| +1% | +$3.93K |
|
4520
Hope Bancorp
HOPE
$1.79B
| $301K | ﹤0.01% |
24,498
+2,443
| +11% | +$31.7K |
|
|
DUKQ
4521
Ocean Park Domestic ETF
DUKQ
$13M
| $300K | ﹤0.01% |
+11,310
| New | +$305K |
|
4522
Fiverr
FVRR
$321M
| $300K | ﹤0.01% |
9,449
+559
| +6% | +$16.2K |
|
4523
Immersion
IMMR
$251M
| $300K | ﹤0.01% |
34,314
+9,764
| +40% | +$85.3K |
|
4524
BRC Inc
BRCC
$121M
| $299K | ﹤0.01% |
94,405
-38,331
| -29% | -$120K |
|
4525
AllianzIM U.S. Equity Buffer10 Nov ETF
NVBT
$29.9M
| $299K | ﹤0.01% |
9,159
| – | – |
|
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.