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 | |
|---|---|---|---|---|---|---|
1826
Hartford Multifactor Emerging Markets ETF
ROAM
$105M
| $6.76M | ﹤0.01% |
296,323
+67,138
| +29% | +$1.63M |
|
1827
VanEck Video Gaming and eSports ETF
ESPO
$245M
| $6.75M | ﹤0.01% |
80,999
+4,994
| +7% | +$399K |
|
1828
Coherent
COHR
$51.4B
| $6.73M | ﹤0.01% |
71,048
+12
| +0% | +$1.2K |
|
1829
FT Vest Growth-100 Buffer ETF June
QJUN
$649M
| $6.72M | ﹤0.01% |
239,868
+37,875
| +19% | +$1.05M |
|
1830
Globant
GLOB
$1.58B
| $6.71M | ﹤0.01% |
31,322
-13,491
| -30% | -$2.94M |
|
1831
AptarGroup
ATR
$8.55B
| $6.71M | ﹤0.01% |
42,783
+6,742
| +19% | +$1.13M |
|
1832
AES
AES
$10.5B
| $6.69M | ﹤0.01% |
519,975
+38,964
| +8% | +$582K |
|
1833
ING
ING
$99.8B
| $6.69M | ﹤0.01% |
426,899
-20,534
| -5% | -$334K |
|
1834
Live Nation Entertainment
LYV
$40.6B
| $6.67M | ﹤0.01% |
51,516
+18,135
| +54% | +$2.28M |
|
|
BTO
1835
John Hancock Financial Opportunities Fund
BTO
$798M
| $6.63M | ﹤0.01% |
185,773
+74,403
| +67% | +$2.67M |
|
1836
NiSource
NI
$21.3B
| $6.63M | ﹤0.01% |
180,262
+36,736
| +26% | +$1.32M |
|
1837
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $6.6M | ﹤0.01% |
281,133
-177,888
| -39% | -$4.22M |
|
1838
Woodward
WWD
$21.3B
| $6.6M | ﹤0.01% |
36,692
+2,809
| +8% | +$480K |
|
1839
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$183M
| $6.6M | ﹤0.01% |
100,640
+7,843
| +8% | +$513K |
|
1840
BNY Mellon Core Bond ETF
BKAG
$2.16B
| $6.6M | ﹤0.01% |
159,996
+17,143
| +12% | +$720K |
|
1841
American Century US Quality Value ETF
VALQ
$329M
| $6.58M | ﹤0.01% |
107,811
-3,710
| -3% | -$232K |
|
1842
Louisiana-Pacific
LPX
$5.06B
| $6.56M | ﹤0.01% |
63,329
+37,856
| +149% | +$4.12M |
|
1843
Textron
TXT
$14.7B
| $6.54M | ﹤0.01% |
85,528
-2,333
| -3% | -$195K |
|
1844
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.19B
| $6.54M | ﹤0.01% |
30,292
-169
| -0.6% | -$37K |
|
1845
Canadian Natural Resources
CNQ
$99.4B
| $6.54M | ﹤0.01% |
211,894
-1,649
| -0.8% | -$55.6K |
|
|
ZTR
1846
Virtus Total Return Fund
ZTR
$340M
| $6.52M | ﹤0.01% |
1,113,398
+206,237
| +23% | +$1.24M |
|
1847
Vale
VALE
$64.1B
| $6.52M | ﹤0.01% |
735,445
+64,448
| +10% | +$656K |
|
1848
SS&C Technologies
SSNC
$18.1B
| $6.52M | ﹤0.01% |
86,055
+9,946
| +13% | +$744K |
|
1849
iShares ESG Screened S&P 500 ETF
XVV
$648M
| $6.51M | ﹤0.01% |
143,666
+3,778
| +3% | +$172K |
|
1850
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $6.5M | ﹤0.01% |
104,658
+3,296
| +3% | +$214K |
|
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.