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 | |
|---|---|---|---|---|---|---|
4676
Option Care Health
OPCH
$3.45B
| $247K | ﹤0.01% |
10,638
-15,544
| -59% | -$393K |
|
4677
EA Series Trust Strive Small-Cap ETF
STXK
$84.9M
| $247K | ﹤0.01% |
7,888
+1,495
| +23% | +$48.2K |
|
4678
SEI QiM U.S. Large Cap Quality Active ETF
SEIQ
$678M
| $245K | ﹤0.01% |
+7,026
| New | +$250K |
|
4679
V2X
VVX
$2.83B
| $245K | ﹤0.01% |
5,112
+508
| +11% | +$30.1K |
|
4680
Healthcare Services Group
HCSG
$1.6B
| $244K | ﹤0.01% |
21,048
+6,591
| +46% | +$75.1K |
|
4681
Walker & Dunlop
WD
$1.71B
| $244K | ﹤0.01% |
2,512
-5,157
| -67% | -$558K |
|
|
GRAL
4682
GRAIL Inc
GRAL
$2.94B
| $244K | ﹤0.01% |
13,669
+716
| +6% | +$11.6K |
|
4683
First Trust China AlphaDEX Fund
FCA
$32.9M
| $244K | ﹤0.01% |
12,165
-18,096
| -60% | -$369K |
|
|
FYBR
4684
DELISTED
Frontier Communications
FYBR
| $244K | ﹤0.01% |
7,027
+1,066
| +18% | +$37.4K |
|
|
ECF
4685
Ellsworth Growth & Income Fund
ECF
$166M
| $243K | ﹤0.01% |
25,119
-3,870
| -13% | -$36.9K |
|
|
VRNT
4686
DELISTED
Verint Systems
VRNT
| $243K | ﹤0.01% |
+8,861
| New | +$221K |
|
|
SHCO
4687
DELISTED
Soho House & Co
SHCO
| $243K | ﹤0.01% |
32,590
-1,141,717
| -97% | -$6.22M |
|
4688
iRhythm Holdings
IRTC
$3.85B
| $243K | ﹤0.01% |
+2,691
| New | +$211K |
|
4689
Anterix
ATEX
$1.81B
| $242K | ﹤0.01% |
7,897
+161
| +2% | +$5.35K |
|
4690
CALL
Robinhood
HOOD
$77.8B
| $242K | ﹤0.01% |
+6,500
| New | +$210K |
|
4691
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $242K | ﹤0.01% |
5,000
-4,900
| -49% | -$237K |
|
4692
Dakota Gold
DC
$608M
| $241K | ﹤0.01% |
109,699
+500
| +0.5% | +$1.13K |
|
4693
VanEck Israel ETF
ISRA
$152M
| $240K | ﹤0.01% |
5,517
+281
| +5% | +$11.6K |
|
4694
Stagwell
STGW
$2.07B
| $240K | ﹤0.01% |
+36,498
| New | +$260K |
|
4695
Fortrea Holdings
FTRE
$1.82B
| $240K | ﹤0.01% |
12,851
-907
| -7% | -$17.7K |
|
4696
ProShares VIX Mid-Term Futures ETF
VIXM
$55.9M
| $239K | ﹤0.01% |
16,529
-356
| -2% | -$5.21K |
|
4697
Nicolet Bankshares
NIC
$3.6B
| $239K | ﹤0.01% |
2,276
+4
| +0.2% | +$423 |
|
4698
Greystone Housing Impact Investors LP
GHI
$136M
| $239K | ﹤0.01% |
23,274
-5,198
| -18% | -$62.5K |
|
|
IBDZ
4699
iShares iBonds Dec 2034 Term Corporate ETF
IBDZ
$866M
| $238K | ﹤0.01% |
+9,339
| New | +$242K |
|
|
BTA
4700
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
| $237K | ﹤0.01% |
24,285
+666
| +3% | +$6.93K |
|
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.