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 | |
|---|---|---|---|---|---|---|
|
DMF
4876
DELISTED
BNY Mellon Municipal Income
DMF
| $163K | ﹤0.01% |
22,965
-13,403
| -37% | -$97.2K |
|
4877
LifeMD
LFMD
$169M
| $163K | ﹤0.01% |
32,829
-9,837
| -23% | -$51.6K |
|
4878
Designer Brands
DBI
$307M
| $162K | ﹤0.01% |
30,428
+10,115
| +50% | +$56.6K |
|
|
GLDD
4879
DELISTED
Great Lakes Dredge & Dock
GLDD
| $162K | ﹤0.01% |
+14,328
| New | +$171K |
|
|
MRCC
4880
DELISTED
Monroe Capital Corp
MRCC
| $161K | ﹤0.01% |
18,883
-1,383
| -7% | -$11.4K |
|
4881
Petco
WOOF
$797M
| $160K | ﹤0.01% |
42,006
+6,470
| +18% | +$29.2K |
|
4882
Gold Royalty Corp
GROY
$600M
| $159K | ﹤0.01% |
131,000
-9,005
| -6% | -$12K |
|
4883
Kosmos Energy
KOS
$1.6B
| $158K | ﹤0.01% |
46,164
-35,721
| -44% | -$136K |
|
4884
Cerence
CRNC
$385M
| $158K | ﹤0.01% |
+20,079
| New | +$101K |
|
4885
Shoals Technologies Group
SHLS
$1.47B
| $157K | ﹤0.01% |
28,365
-4,041
| -12% | -$20.5K |
|
4886
Genesis Energy
GEL
$1.87B
| $157K | ﹤0.01% |
15,484
-23,332
| -60% | -$276K |
|
4887
Energy Services of America
ESOA
$268M
| $156K | ﹤0.01% |
12,356
+395
| +3% | +$5.16K |
|
4888
Pebblebrook Hotel Trust
PEB
$2.15B
| $154K | ﹤0.01% |
+11,356
| New | +$150K |
|
|
CLLS
4889
Cellectis
CLLS
$277M
| $153K | ﹤0.01% |
85,272
-7,100
| -8% | -$13.2K |
|
4890
Investcorp Credit Management BDC
ICMB
$11.1M
| $153K | ﹤0.01% |
50,632
-1,603
| -3% | -$5K |
|
|
PCM
4891
PCM Fund
PCM
$69.3M
| $152K | ﹤0.01% |
19,704
+36
| +0.2% | +$288 |
|
4892
Viasat
VSAT
$10.6B
| $151K | ﹤0.01% |
17,740
-26,316
| -60% | -$253K |
|
|
CRT
4893
Cross Timbers Royalty Trust
CRT
$61.3M
| $150K | ﹤0.01% |
15,102
+736
| +5% | +$7.62K |
|
4894
Optex Systems
OPXS
$78.6M
| $149K | ﹤0.01% |
21,775
+4,000
| +23% | +$33.6K |
|
4895
SelectQuote
SLQT
$132M
| $149K | ﹤0.01% |
40,150
| – | – |
|
4896
El Pollo Loco
LOCO
$501M
| $149K | ﹤0.01% |
12,915
+8
| +0.1% | +$101 |
|
4897
NET Power
NPWR
$126M
| $149K | ﹤0.01% |
14,036
+1,832
| +15% | +$18K |
|
4898
Trevi Therapeutics
TRVI
$2.59B
| $148K | ﹤0.01% |
36,000
| – | – |
|
4899
WhiteHorse Finance
WHF
$137M
| $147K | ﹤0.01% |
15,182
+1,495
| +11% | +$16.4K |
|
4900
Rigetti Computing Warrants
RGTIW
$130M
| $146K | ﹤0.01% |
+23,100
| New | +$30.7K |
|
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.