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 | |
|---|---|---|---|---|---|---|
5026
Broadwind
BWEN
$93.6M
| $82K | ﹤0.01% |
43,628
-8,572
| -16% | -$16.3K |
|
5027
loanDepot
LDI
$532M
| $81.7K | ﹤0.01% |
40,035
+11,286
| +39% | +$25.2K |
|
5028
Puma Biotechnology
PBYI
$404M
| $81K | ﹤0.01% |
26,567
+5,080
| +24% | +$14.8K |
|
5029
Akebia Therapeutics
AKBA
$354M
| $81K | ﹤0.01% |
42,638
-1,497
| -3% | -$2.6K |
|
|
NXDT
5030
NexPoint Diversified Real Estate Trust
NXDT
$234M
| $80.1K | ﹤0.01% |
13,127
-1,124
| -8% | -$6.59K |
|
|
ACCD
5031
DELISTED
Accolade Inc
ACCD
| $79.3K | ﹤0.01% |
23,201
+1,912
| +9% | +$6.79K |
|
|
TSI
5032
TCW Strategic Income Fund
TSI
$214M
| $79.2K | ﹤0.01% |
16,473
+382
| +2% | +$1.92K |
|
5033
PUT
Amneal Pharmaceuticals
AMRX
$5.85B
| $79.2K | ﹤0.01% |
+10,000
| New | +$83.9K |
|
|
RGLS
5034
DELISTED
Regulus Therapeutics
RGLS
| $79K | ﹤0.01% |
49,980
-8,000
| -14% | -$12.3K |
|
5035
Seres Therapeutics
MCRB
$46.8M
| $78.8K | ﹤0.01% |
4,739
-1,372
| -22% | -$22.3K |
|
5036
Dyadic International
DYAI
$38.3M
| $78.6K | ﹤0.01% |
44,887
-3,000
| -6% | -$4.1K |
|
5037
Ring Energy
REI
$315M
| $77.6K | ﹤0.01% |
57,038
| – | – |
|
|
SACH
5038
Sachem Capital Corp
SACH
$39.1M
| $77.5K | ﹤0.01% |
57,394
-7,468
| -12% | -$14K |
|
5039
Blue Ridge Bankshares
BRBS
$315M
| $77.5K | ﹤0.01% |
24,060
+13,339
| +124% | +$42K |
|
5040
Gevo
GEVO
$360M
| $77K | ﹤0.01% |
36,853
+2,182
| +6% | +$4.13K |
|
|
CIF
5041
DELISTED
MFS Intermediate High Income Fund
CIF
| $76.6K | ﹤0.01% |
44,305
-2,375
| -5% | -$4.17K |
|
5042
CALL
Ecovyst
ECVT
$1.32B
| $76.4K | ﹤0.01% |
+10,000
| New | +$73.9K |
|
|
PCK
5043
DELISTED
Pimco California Municipal Income Fund II
PCK
| $76.3K | ﹤0.01% |
13,331
-8,436
| -39% | -$50.3K |
|
5044
SCYNEXIS
SCYX
$48.1M
| $75.5K | ﹤0.01% |
7,798
-1,643
| -17% | -$17.1K |
|
5045
Beyond Meat
BYND
$292M
| $75.4K | ﹤0.01% |
20,065
-1,979
| -9% | -$10.5K |
|
|
IMMP
5046
Immutep
IMMP
$56.3M
| $74.9K | ﹤0.01% |
34,532
+3,200
| +10% | +$6.43K |
|
|
TVRD
5047
Tvardi Therapeutics
TVRD
$19.7M
| $74.8K | ﹤0.01% |
4,073
-67
| -2% | -$729 |
|
|
TRUE
5048
DELISTED
TrueCar
TRUE
| $74.6K | ﹤0.01% |
20,000
-20,000
| -50% | -$78.6K |
|
|
AMRN
5049
Amarin Corp
AMRN
$299M
| $74.2K | ﹤0.01% |
7,651
+1,578
| +26% | +$16.9K |
|
|
FIRY
5050
Firy Inc
FIRY
$148M
| $73.9K | ﹤0.01% |
+14,696
| New | +$78.4K |
|
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.