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 | |
|---|---|---|---|---|---|---|
4826
Protara Therapeutics
TARA
$220M
| $190K | ﹤0.01% |
36,000
-10,000
| -22% | -$32.3K |
|
4827
Grocery Outlet
GO
$909M
| $189K | ﹤0.01% |
12,121
-644
| -5% | -$11.2K |
|
4828
Citizens & Northern Corp
CZNC
$456M
| $189K | ﹤0.01% |
10,139
-598
| -6% | -$11.7K |
|
4829
Porch Group
PRCH
$1.64B
| $189K | ﹤0.01% |
38,314
| – | – |
|
4830
PSQ Holdings
PSQH
$13.9M
| $188K | ﹤0.01% |
2,764
-95
| -3% | -$4.48K |
|
4831
RPC Inc
RES
$1.24B
| $188K | ﹤0.01% |
31,593
-5,868
| -16% | -$36.4K |
|
|
CMU
4832
DELISTED
MFS High Yield Municipal Trust
CMU
| $187K | ﹤0.01% |
53,122
+1,092
| +2% | +$3.92K |
|
|
TEN
4833
Tsakos Energy Navigation Ltd
TEN
$1.21B
| $187K | ﹤0.01% |
10,768
+1,113
| +12% | +$23.2K |
|
|
ERH
4834
Allspring Utilities & High Income Fund
ERH
$105M
| $186K | ﹤0.01% |
17,388
+189
| +1% | +$2.07K |
|
4835
Ginkgo Bioworks
DNA
$528M
| $186K | ﹤0.01% |
18,929
-4,988
| -21% | -$42.8K |
|
4836
Vaalco Energy
EGY
$570M
| $186K | ﹤0.01% |
42,524
-81,598
| -66% | -$434K |
|
|
ORC
4837
Orchid Island Capital
ORC
$1.3B
| $185K | ﹤0.01% |
23,814
+503
| +2% | +$3.95K |
|
4838
TripAdvisor
TRIP
$1.65B
| $185K | ﹤0.01% |
12,511
+997
| +9% | +$14.6K |
|
|
PBPB
4839
DELISTED
Potbelly
PBPB
| $185K | ﹤0.01% |
19,610
+6,610
| +51% | +$60K |
|
|
ILPT
4840
Industrial Logistics Properties Trust
ILPT
$575M
| $184K | ﹤0.01% |
50,433
-4,490
| -8% | -$17.3K |
|
4841
Newmark Group
NMRK
$2.66B
| $184K | ﹤0.01% |
+14,337
| New | +$212K |
|
4842
WisdomTree New Economy Real Estate Fund
WTRE
$15.6M
| $184K | ﹤0.01% |
10,641
-1,832
| -15% | -$34.2K |
|
|
INSI
4843
DELISTED
Insight Select Income Fund
INSI
| $182K | ﹤0.01% |
10,529
-130
| -1% | -$2.26K |
|
4844
Vert Global Sustainable Real Estate ETF
VGSR
$541M
| $182K | ﹤0.01% |
18,024
+6,278
| +53% | +$67.1K |
|
|
ABX
4845
Abacus Global Management
ABX
$989M
| $182K | ﹤0.01% |
23,288
+5,507
| +31% | +$47.2K |
|
4846
Aspen Aerogels
ASPN
$384M
| $181K | ﹤0.01% |
15,238
-6,825
| -31% | -$116K |
|
4847
Galectin Therapeutics
GALT
$196M
| $179K | ﹤0.01% |
138,928
+57,020
| +70% | +$137K |
|
4848
Invesco S&P Emerging Markets Momentum ETF
EEMO
$22.8M
| $179K | ﹤0.01% |
11,045
-5,566
| -34% | -$93.3K |
|
4849
Enel Chile
ENIC
$6.14B
| $179K | ﹤0.01% |
62,018
+15,386
| +33% | +$42.8K |
|
|
ONL
4850
Orion Office REIT
ONL
$150M
| $178K | ﹤0.01% |
48,088
-1,546
| -3% | -$6.08K |
|
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.