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 | |
|---|---|---|---|---|---|---|
|
DFSE
4701
Dimensional Emerging Markets Sustainability Core 1 ETF
DFSE
$599M
| $237K | ﹤0.01% |
7,143
-192
| -3% | -$6.61K |
|
4702
Acadia Realty Trust
AKR
$3.09B
| $236K | ﹤0.01% |
9,770
-150
| -2% | -$3.68K |
|
|
NTST
4703
NETSTREIT Corp
NTST
$2.09B
| $236K | ﹤0.01% |
+16,678
| New | +$259K |
|
4704
Costamare
CMRE
$1.88B
| $236K | ﹤0.01% |
18,365
-10,329
| -36% | -$142K |
|
4705
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $236K | ﹤0.01% |
+5,781
| New | +$243K |
|
|
4706
PUT
iShares Core S&P 500 ETF
IVV
$878B
| $235K | ﹤0.01% |
400
-5,900
| -94% | -$3.49M |
|
4707
Oil-Dri
ODC
$1.44B
| $235K | ﹤0.01% |
+5,370
| New | +$197K |
|
4708
Dream Finders Homes
DFH
$1.16B
| $235K | ﹤0.01% |
10,111
-1,159
| -10% | -$35.4K |
|
4709
Braskem
BAK
$928M
| $235K | ﹤0.01% |
60,946
-22,850
| -27% | -$126K |
|
4710
Metallus
MTUS
$838M
| $235K | ﹤0.01% |
16,648
-255
| -2% | -$3.85K |
|
|
JAMF
4711
DELISTED
Jamf
JAMF
| $235K | ﹤0.01% |
+16,721
| New | +$264K |
|
4712
OneAscent Core Plus Bond ETF
OACP
$264M
| $235K | ﹤0.01% |
+10,441
| New | +$239K |
|
4713
CALL
Amgen
AMGN
$208B
| $235K | ﹤0.01% |
+900
| New | +$267K |
|
4714
German American Bancorp
GABC
$1.91B
| $235K | ﹤0.01% |
+5,832
| New | +$247K |
|
4715
Vita Coco
COCO
$3.82B
| $235K | ﹤0.01% |
6,355
-15,134
| -70% | -$504K |
|
|
IROQ
4716
DELISTED
IF Bancorp
IROQ
| $234K | ﹤0.01% |
+10,323
| New | +$224K |
|
4717
Rhythm Pharmaceuticals
RYTM
$6.81B
| $234K | ﹤0.01% |
4,175
-4,323
| -51% | -$239K |
|
4718
Evolus
EOLS
$385M
| $233K | ﹤0.01% |
21,071
| – | – |
|
4719
ZTO Express
ZTO
$18.3B
| $232K | ﹤0.01% |
+11,865
| New | +$260K |
|
4720
CALL
Capital One
COF
$128B
| $232K | ﹤0.01% |
+1,300
| New | +$225K |
|
4721
Genworth Financial
GNW
$3.76B
| $232K | ﹤0.01% |
33,163
+10,135
| +44% | +$72.8K |
|
4722
Overlay Shares Large Cap Equity ETF
OVL
$338M
| $231K | ﹤0.01% |
+4,960
| New | +$235K |
|
4723
Sprout Social
SPT
$516M
| $231K | ﹤0.01% |
7,532
-522
| -6% | -$15.7K |
|
|
LNW
4724
DELISTED
Light & Wonder
LNW
| $231K | ﹤0.01% |
2,677
+291
| +12% | +$27.3K |
|
4725
Liberty Global Class A
LBTYA
$3.62B
| $231K | ﹤0.01% |
18,091
+446
| +3% | +$7.44K |
|
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.