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 | |
|---|---|---|---|---|---|---|
676
Amphenol
APH
$197B
| $47.3M | 0.02% |
681,720
+97,545
| +17% | +$6.83M |
|
677
iShares California Muni Bond ETF
CMF
$4.55B
| $47.3M | 0.02% |
825,517
+84,863
| +11% | +$4.88M |
|
678
Fair Isaac
FICO
$24.6B
| $47.1M | 0.02% |
23,663
-192
| -0.8% | -$410K |
|
679
Schwab US Broad Market ETF
SCHB
$43B
| $47M | 0.02% |
2,071,157
+85,160
| +4% | +$1.95M |
|
680
AstraZeneca
AZN
$266B
| $47M | 0.02% |
358,586
+66,199
| +23% | +$9.27M |
|
681
iShares US Consumer Staples ETF
IYK
$1.41B
| $47M | 0.02% |
716,145
-131,288
| -15% | -$9.02M |
|
682
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.74B
| $46.9M | 0.02% |
1,060,942
-85,738
| -7% | -$3.87M |
|
683
TE Connectivity
TEL
$59.9B
| $46.5M | 0.02% |
325,053
+1,117
| +0.3% | +$166K |
|
|
BIDD
684
iShares International Dividend Active ETF
BIDD
$414M
| $46.5M | 0.02% |
+1,883,312
| New | +$47.7M |
|
685
National Grid
NGG
$80.8B
| $46.4M | 0.02% |
815,958
+13,186
| +2% | +$793K |
|
686
Royal Caribbean
RCL
$86.1B
| $46.4M | 0.02% |
200,996
-6,306
| -3% | -$1.4M |
|
687
Vanguard Ultra-Short Bond ETF
VUSB
$8.94B
| $46.3M | 0.02% |
933,444
+16,813
| +2% | +$836K |
|
688
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.83B
| $46.3M | 0.02% |
618,967
+114,709
| +23% | +$8.92M |
|
689
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$2.01B
| $46.2M | 0.02% |
1,514,887
+104,492
| +7% | +$3.35M |
|
690
JPMorgan Equity Focus ETF
JPEF
$1.97B
| $45.9M | 0.02% |
684,680
+46,491
| +7% | +$3.15M |
|
691
Capital One
COF
$129B
| $45.9M | 0.02% |
257,496
+65,495
| +34% | +$11.3M |
|
692
Apollo Global Management
APO
$69.3B
| $45.7M | 0.02% |
276,834
+63,742
| +30% | +$10.1M |
|
693
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$581M
| $45.6M | 0.02% |
569,446
+60,713
| +12% | +$5.03M |
|
694
Invesco Dorsey Wright Technology Momentum ETF
PTF
$586M
| $45.5M | 0.02% |
627,147
+50,452
| +9% | +$3.58M |
|
695
State Street Ultra Short Term Bond ETF
ULST
$527M
| $45.5M | 0.02% |
1,125,289
+48,588
| +5% | +$1.97M |
|
696
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
QDPL
$1.69B
| $45.5M | 0.02% |
1,184,105
+311,952
| +36% | +$12.2M |
|
697
NXP Semiconductors
NXPI
$61.8B
| $45.4M | 0.02% |
218,394
+17,736
| +9% | +$4.03M |
|
698
Shell
SHEL
$250B
| $45.3M | 0.02% |
723,534
-5,250
| -0.7% | -$344K |
|
699
Schwab US Mid-Cap ETF
SCHM
$14.5B
| $45.2M | 0.02% |
1,630,257
+11,286
| +0.7% | +$322K |
|
700
VanEck CLO ETF
CLOI
$1.49B
| $45.2M | 0.02% |
855,783
+141,573
| +20% | +$7.5M |
|
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.