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 | |
|---|---|---|---|---|---|---|
1251
ARK Autonomous Technology & Robotics ETF
ARKQ
$1.9B
| $15M | 0.01% |
194,702
+3,053
| +2% | +$212K |
|
1252
Natixis Gateway Quality Income ETF
GQI
$266M
| $15M | 0.01% |
276,294
+59,177
| +27% | +$3.24M |
|
1253
Eversource Energy
ES
$26.9B
| $15M | 0.01% |
261,194
+21,818
| +9% | +$1.36M |
|
1254
Hexcel
HXL
$7.79B
| $15M | 0.01% |
239,060
+7,329
| +3% | +$453K |
|
1255
Wabtec
WAB
$49.1B
| $15M | 0.01% |
78,920
+6,640
| +9% | +$1.29M |
|
1256
Rollins
ROL
$18.3B
| $14.9M | 0.01% |
322,428
+51,304
| +19% | +$2.51M |
|
1257
Texas Pacific Land
TPL
$27.8B
| $14.9M | 0.01% |
40,503
+4,293
| +12% | +$1.75M |
|
1258
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$339M
| $14.9M | 0.01% |
308,005
+6,774
| +2% | +$340K |
|
1259
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $14.9M | 0.01% |
751,226
+96,729
| +15% | +$2M |
|
1260
Gartner
IT
$10.1B
| $14.9M | 0.01% |
30,726
+191
| +0.6% | +$98.5K |
|
1261
Toyota
TM
$224B
| $14.9M | 0.01% |
76,449
+11,392
| +18% | +$2M |
|
1262
Harbor Dividend Growth Leaders ETF
GDIV
$236M
| $14.8M | 0.01% |
973,634
+43,785
| +5% | +$677K |
|
1263
iShares U.S. Large Cap Premium Income Active ETF
BALI
$1.31B
| $14.7M | 0.01% |
+487,257
| New | +$15M |
|
1264
Seagate
STX
$194B
| $14.7M | 0.01% |
169,918
+10,894
| +7% | +$1.1M |
|
1265
iShares Residential and Multisector Real Estate ETF
REZ
$879M
| $14.6M | 0.01% |
180,811
+98,993
| +121% | +$8.48M |
|
1266
DexCom
DXCM
$31.5B
| $14.6M | 0.01% |
188,306
+72,217
| +62% | +$5.35M |
|
1267
Fidelity Small-Mid Multifactor ETF
FSMD
$2.51B
| $14.6M | 0.01% |
355,489
+232,426
| +189% | +$9.87M |
|
1268
MGM Resorts International
MGM
$11.4B
| $14.6M | 0.01% |
421,900
-45,964
| -10% | -$1.74M |
|
1269
Houlihan Lokey
HLI
$8.77B
| $14.6M | 0.01% |
84,159
+28,398
| +51% | +$5M |
|
|
CHY
1270
Calamos Convertible and High Income Fund
CHY
$1.01B
| $14.6M | 0.01% |
1,202,832
+26,839
| +2% | +$326K |
|
1271
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $14.6M | 0.01% |
+34,300
| New | +$14.8M |
|
1272
DraftKings
DKNG
$11.6B
| $14.6M | 0.01% |
392,012
-36,190
| -8% | -$1.44M |
|
1273
Global X SuperDividend ETF
SDIV
$1.22B
| $14.6M | 0.01% |
707,093
+63,989
| +10% | +$1.4M |
|
1274
First Trust Nasdaq Oil & Gas ETF
FTXN
$167M
| $14.6M | 0.01% |
506,608
+59,471
| +13% | +$1.79M |
|
1275
Ball Corp
BALL
$17.3B
| $14.5M | 0.01% |
263,545
-8,987
| -3% | -$551K |
|
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.