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 | |
|---|---|---|---|---|---|---|
1776
The Mosaic Company
MOS
$7.03B
| $7.33M | ﹤0.01% |
298,207
+23,855
| +9% | +$624K |
|
1777
US Foods
USFD
$22.2B
| $7.33M | ﹤0.01% |
108,598
+11,735
| +12% | +$770K |
|
1778
Global X SuperDividend REIT ETF
SRET
$233M
| $7.28M | ﹤0.01% |
364,064
-30,151
| -8% | -$639K |
|
1779
SEI Investments
SEIC
$12.4B
| $7.27M | ﹤0.01% |
88,164
+9,607
| +12% | +$754K |
|
1780
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $7.26M | ﹤0.01% |
95,893
-12,995
| -12% | -$1M |
|
1781
iShares MSCI United Kingdom ETF
EWU
$4.14B
| $7.26M | ﹤0.01% |
214,095
+84,536
| +65% | +$3.01M |
|
1782
Pacer US Cash Cows Growth ETF
BUL
$132M
| $7.23M | ﹤0.01% |
155,920
+22,029
| +16% | +$1.05M |
|
|
CSA
1783
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $7.21M | ﹤0.01% |
97,407
+59,057
| +154% | +$4.48M |
|
1784
Hess Midstream
HESM
$5.24B
| $7.21M | ﹤0.01% |
194,610
+8,942
| +5% | +$322K |
|
1785
Astera Labs
ALAB
$53.3B
| $7.21M | ﹤0.01% |
54,402
+26,364
| +94% | +$2.47M |
|
1786
Roundhill Generative AI & Technology ETF
CHAT
$1.74B
| $7.2M | ﹤0.01% |
177,915
-1,964
| -1% | -$78.2K |
|
|
POWR
1787
iShares U.S. Power Infrastructure ETF
POWR
$441M
| $7.17M | ﹤0.01% |
314,157
+9,200
| +3% | +$227K |
|
1788
Inspire 500 ETF
PTL
$870M
| $7.16M | ﹤0.01% |
33,583
+12,172
| +57% | +$2.65M |
|
1789
Roblox
RBLX
$25.4B
| $7.13M | ﹤0.01% |
123,306
-15,039
| -11% | -$757K |
|
1790
Franklin FTSE India ETF
FLIN
$2.77B
| $7.13M | ﹤0.01% |
188,000
-19,515
| -9% | -$771K |
|
1791
HBT Financial
HBT
$1.3B
| $7.11M | ﹤0.01% |
+324,709
| New | +$7.4M |
|
1792
HEICO Corp
HEI
$49.8B
| $7.11M | ﹤0.01% |
29,890
+1,772
| +6% | +$459K |
|
|
JHG
1793
DELISTED
Janus Henderson
JHG
| $7.09M | ﹤0.01% |
166,748
+58,028
| +53% | +$2.46M |
|
|
ETHA
1794
iShares Ethereum Trust ETF
ETHA
$5.43B
| $7.08M | ﹤0.01% |
280,131
+144,180
| +106% | +$3.36M |
|
1795
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $7.08M | ﹤0.01% |
581,965
+119,491
| +26% | +$1.52M |
|
1796
FlexShares US Quality Low Volatility Index Fund
QLV
$164M
| $7.08M | ﹤0.01% |
108,503
+13,148
| +14% | +$879K |
|
1797
Dollar Tree
DLTR
$24.4B
| $7.06M | ﹤0.01% |
94,176
+6,174
| +7% | +$424K |
|
1798
BNY Mellon International Equity ETF
BKIE
$1.3B
| $7.05M | ﹤0.01% |
292,086
+67,671
| +30% | +$1.7M |
|
1799
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.99B
| $7.05M | ﹤0.01% |
862,464
+56,964
| +7% | +$481K |
|
1800
Invesco BulletShares 2027 Municipal Bond ETF
BSMR
$344M
| $7.04M | ﹤0.01% |
298,378
+18,040
| +6% | +$428K |
|
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.