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 | |
|---|---|---|---|---|---|---|
1226
JPMorgan Limited Duration Bond ETF
JPLD
$3.96B
| $15.8M | 0.01% |
305,777
+46,013
| +18% | +$2.38M |
|
1227
AB Disruptors ETF
FWD
$2.93B
| $15.7M | 0.01% |
198,768
+23,427
| +13% | +$1.91M |
|
1228
PIMCO Senior Loan Active Exchange-Traded Fund
LONZ
$580M
| $15.7M | 0.01% |
307,479
+46,629
| +18% | +$2.39M |
|
1229
Timothy Plan High Dividend Stock ETF
TPHD
$360M
| $15.7M | 0.01% |
431,528
+14,691
| +4% | +$556K |
|
1230
Agilent Technologies
A
$39.1B
| $15.7M | 0.01% |
116,679
+793
| +0.7% | +$109K |
|
1231
Darden Restaurants
DRI
$23.3B
| $15.7M | 0.01% |
83,951
+13,682
| +19% | +$2.29M |
|
1232
Global X SuperDividend US ETF
DIV
$780M
| $15.6M | 0.01% |
866,310
+57,622
| +7% | +$1.07M |
|
1233
Harbor International Compounders ETF
OSEA
$484M
| $15.5M | 0.01% |
599,950
+205,796
| +52% | +$5.63M |
|
1234
CRH
CRH
$63.2B
| $15.5M | 0.01% |
167,075
+64,873
| +63% | +$6.24M |
|
1235
Bentley Systems
BSY
$10.8B
| $15.5M | 0.01% |
330,954
+14,509
| +5% | +$708K |
|
1236
Fidelity MSCI Financials Index ETF
FNCL
$2.38B
| $15.4M | 0.01% |
224,613
+120,675
| +116% | +$8.29M |
|
1237
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $15.4M | 0.01% |
106,562
+10,567
| +11% | +$1.59M |
|
1238
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$416M
| $15.3M | 0.01% |
99,755
+16,967
| +20% | +$2.78M |
|
1239
Moderna
MRNA
$21.8B
| $15.3M | 0.01% |
367,878
+265,982
| +261% | +$12.7M |
|
1240
iShares China Large-Cap ETF
FXI
$4.37B
| $15.3M | 0.01% |
501,794
+94,257
| +23% | +$2.97M |
|
1241
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$857M
| $15.3M | 0.01% |
681,495
+48,626
| +8% | +$1.1M |
|
1242
iShares Yield Optimized Bond ETF
BYLD
$447M
| $15.2M | 0.01% |
685,700
-45,061
| -6% | -$1.01M |
|
1243
MPLX
MPLX
$59.3B
| $15.2M | 0.01% |
317,548
-18,948
| -6% | -$882K |
|
1244
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$389M
| $15.2M | 0.01% |
292,524
+1,988
| +0.7% | +$108K |
|
1245
Raymond James Financial
RJF
$33.8B
| $15.2M | 0.01% |
97,692
+10,906
| +13% | +$1.65M |
|
1246
Aecom
ACM
$9.3B
| $15.2M | 0.01% |
142,015
+4,400
| +3% | +$480K |
|
1247
Fidelity Low Duration Bond Factor ETF
FLDR
$1.97B
| $15.1M | 0.01% |
303,315
+71,654
| +31% | +$3.59M |
|
1248
Inspire 100 ETF
BIBL
$485M
| $15.1M | 0.01% |
389,245
+6,996
| +2% | +$285K |
|
1249
Generac Holdings
GNRC
$11.6B
| $15.1M | 0.01% |
97,492
+12,548
| +15% | +$2.17M |
|
1250
Invesco Global Listed Private Equity ETF
PSP
$232M
| $15.1M | 0.01% |
226,352
+69,857
| +45% | +$4.81M |
|
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.