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 | |
|---|---|---|---|---|---|---|
1476
Liberty Media Series C
FWONK
$24.6B
| $10.9M | ﹤0.01% |
117,581
+12,806
| +12% | +$1.09M |
|
1477
VanEck Retail ETF
RTH
$258M
| $10.9M | ﹤0.01% |
48,590
+5,121
| +12% | +$1.15M |
|
1478
Paycom
PAYC
$7.64B
| $10.9M | ﹤0.01% |
53,126
+2,953
| +6% | +$601K |
|
1479
Service Corp International
SCI
$11.7B
| $10.9M | ﹤0.01% |
136,337
+2,674
| +2% | +$219K |
|
1480
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $10.9M | ﹤0.01% |
741,390
-29,040
| -4% | -$438K |
|
1481
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.2B
| $10.8M | ﹤0.01% |
298,320
-6,349
| -2% | -$250K |
|
1482
Dimensional US High Profitability ETF
DUHP
$12.2B
| $10.8M | ﹤0.01% |
320,962
+47,535
| +17% | +$1.64M |
|
1483
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$104M
| $10.8M | ﹤0.01% |
296,664
-13,883
| -4% | -$513K |
|
1484
Skyworks Solutions
SWKS
$9.37B
| $10.8M | ﹤0.01% |
121,483
+1,853
| +2% | +$168K |
|
1485
Reddit
RDDT
$27.1B
| $10.8M | ﹤0.01% |
65,784
+45,844
| +230% | +$5.66M |
|
1486
Macerich
MAC
$7.33B
| $10.7M | ﹤0.01% |
539,522
-30,260
| -5% | -$591K |
|
1487
APi Group
APG
$17.1B
| $10.7M | ﹤0.01% |
447,923
+379,559
| +555% | +$9.03M |
|
1488
Schwab Fundamental US Small Company Index ETF
FNDA
$9.12B
| $10.7M | ﹤0.01% |
361,381
+34,643
| +11% | +$1.06M |
|
1489
NetApp
NTAP
$35B
| $10.7M | ﹤0.01% |
92,451
+20,448
| +28% | +$2.5M |
|
1490
Manhattan Associates
MANH
$11.2B
| $10.7M | ﹤0.01% |
39,565
+7,162
| +22% | +$2.04M |
|
1491
Global X MSCI Argentina ETF
ARGT
$857M
| $10.7M | ﹤0.01% |
129,549
+81,068
| +167% | +$6.29M |
|
1492
US Global Jets ETF
JETS
$776M
| $10.7M | ﹤0.01% |
422,179
-40,433
| -9% | -$956K |
|
1493
FlexShares Quality Dividend Defensive Index Fund
QDEF
$547M
| $10.7M | ﹤0.01% |
152,403
+1,579
| +1% | +$114K |
|
1494
Invesco Russell 1000 Equal Weight ETF
EQAL
$815M
| $10.6M | ﹤0.01% |
220,467
+5,571
| +3% | +$277K |
|
1495
JPMorgan US Tech Leaders ETF
JTEK
$4.1B
| $10.6M | ﹤0.01% |
140,686
+24,013
| +21% | +$1.78M |
|
1496
First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF
FTRI
$123M
| $10.6M | ﹤0.01% |
885,045
-819,397
| -48% | -$10.7M |
|
1497
Markel Group
MKL
$23.3B
| $10.6M | ﹤0.01% |
6,164
+453
| +8% | +$752K |
|
1498
Columbia India Consumer ETF
INCO
$234M
| $10.6M | ﹤0.01% |
164,533
+21,053
| +15% | +$1.46M |
|
1499
Marathon Digital Holdings
MARA
$4.32B
| $10.6M | ﹤0.01% |
631,872
-47,545
| -7% | -$962K |
|
1500
Fortive
FTV
$17.9B
| $10.6M | ﹤0.01% |
187,086
-5,127
| -3% | -$294K |
|
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.