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 | |
|---|---|---|---|---|---|---|
4601
FlexShares Disciplined Duration MBS Index Fund
MBSD
$88.7M
| $276K | ﹤0.01% |
13,655
-141
| -1% | -$2.89K |
|
4602
STF Tactical Growth & Income ETF
TUGN
$78.2M
| $276K | ﹤0.01% |
11,509
+515
| +5% | +$12.3K |
|
4603
CALL
C3.ai
AI
$1.43B
| $275K | ﹤0.01% |
+8,000
| New | +$248K |
|
|
IAF
4604
abrdn Australia Equity Fund
IAF
$122M
| $275K | ﹤0.01% |
21,839
-840
| -4% | -$11.3K |
|
|
WFH
4605
DELISTED
Direxion Work From Home ETF
WFH
| $274K | ﹤0.01% |
4,267
-117
| -3% | -$7.37K |
|
4606
Banc of California
BANC
$3.03B
| $274K | ﹤0.01% |
17,704
-2,094
| -11% | -$33K |
|
|
OLP
4607
One Liberty Properties
OLP
$530M
| $274K | ﹤0.01% |
10,044
-354
| -3% | -$9.91K |
|
4608
PDF Solutions
PDFS
$1.93B
| $274K | ﹤0.01% |
10,101
+1,175
| +13% | +$35.4K |
|
|
BORR
4609
CALL
Borr Drilling
BORR
$1.24B
| $273K | ﹤0.01% |
+70,000
| New | +$299K |
|
4610
MicroCloud Hologram
HOLO
$33.9M
| $273K | ﹤0.01% |
1,383
+1,102
| +392% | +$139K |
|
|
CMRC
4611
Commerce.com Inc Series 1
CMRC
$258M
| $272K | ﹤0.01% |
44,464
+4,892
| +12% | +$30.6K |
|
4612
Franklin FTSE Taiwan ETF
FLTW
$2.67B
| $272K | ﹤0.01% |
5,750
+82
| +1% | +$3.99K |
|
4613
ProShares Ultra Technology
ROM
$1.12B
| $272K | ﹤0.01% |
3,898
| – | – |
|
|
SMAR
4614
DELISTED
Smartsheet Inc.
SMAR
| $271K | ﹤0.01% |
4,844
-27,444
| -85% | -$1.54M |
|
4615
Dimensional Ultrashort Fixed Income ETF
DUSB
$2.2B
| $271K | ﹤0.01% |
+5,362
| New | +$272K |
|
4616
Rapid7
RPD
$645M
| $271K | ﹤0.01% |
6,742
-3,027
| -31% | -$123K |
|
4617
Triple Flag Precious Metals
TFPM
$5.94B
| $270K | ﹤0.01% |
17,982
-1,589
| -8% | -$26.3K |
|
4618
SEI QiM U.S. Large Cap Low Volatility Active ETF
SELV
$257M
| $270K | ﹤0.01% |
9,273
+2,401
| +35% | +$71.7K |
|
4619
Cinemark Holdings
CNK
$4.24B
| $270K | ﹤0.01% |
8,722
+556
| +7% | +$17.2K |
|
4620
Greenfire Resources
GFR
$795M
| $270K | ﹤0.01% |
+38,230
| New | +$275K |
|
4621
Shore Bancshares
SHBI
$819M
| $270K | ﹤0.01% |
+17,022
| New | +$264K |
|
4622
Atkore
ATKR
$2.46B
| $269K | ﹤0.01% |
3,228
-6,254
| -66% | -$551K |
|
4623
Alight
ALIT
$447M
| $269K | ﹤0.01% |
1,946
-56
| -3% | -$8.22K |
|
|
ETWO
4624
DELISTED
E2open Parent Holdings
ETWO
| $268K | ﹤0.01% |
100,914
+411
| +0.4% | +$1.29K |
|
|
VSXY
4625
Victoria's Secret
VSXY
$7.05B
| $268K | ﹤0.01% |
+6,479
| New | +$229K |
|
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.