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 | |
|---|---|---|---|---|---|---|
1901
ITT
ITT
$17.5B
| $6.17M | ﹤0.01% |
43,192
+1,316
| +3% | +$197K |
|
1902
Invesco Solar ETF
TAN
$1.42B
| $6.17M | ﹤0.01% |
186,157
-10,235
| -5% | -$378K |
|
1903
Integer Holdings
ITGR
$4.12B
| $6.16M | ﹤0.01% |
44,508
+9,196
| +26% | +$1.23M |
|
|
ACV
1904
Virtus Diversified Income & Convertible Fund
ACV
$278M
| $6.14M | ﹤0.01% |
279,527
+3,900
| +1% | +$85.4K |
|
1905
VanEck Morningstar International Moat ETF
MOTI
$74.2M
| $6.13M | ﹤0.01% |
202,436
-74,580
| -27% | -$2.45M |
|
1906
Invesco Biotechnology & Genome ETF
PBE
$281M
| $6.13M | ﹤0.01% |
92,105
+1,503
| +2% | +$104K |
|
1907
ProShares Nasdaq-100 High Income ETF
IQQQ
$395M
| $6.12M | ﹤0.01% |
143,433
+94,455
| +193% | +$4.04M |
|
1908
APA Corp
APA
$13.2B
| $6.12M | ﹤0.01% |
265,054
+82,453
| +45% | +$1.93M |
|
1909
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$349M
| $6.12M | ﹤0.01% |
105,226
+8,631
| +9% | +$526K |
|
|
CHI
1910
Calamos Convertible Opportunities and Income Fund
CHI
$1.01B
| $6.12M | ﹤0.01% |
512,173
-8,535
| -2% | -$101K |
|
1911
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.61B
| $6.11M | ﹤0.01% |
163,226
+25,705
| +19% | +$1.02M |
|
|
PARA
1912
DELISTED
Paramount Global Class B
PARA
| $6.1M | ﹤0.01% |
583,562
-1,646,320
| -74% | -$17.7M |
|
1913
BCE
BCE
$20.2B
| $6.09M | ﹤0.01% |
262,780
-924,603
| -78% | -$26.6M |
|
1914
WisdomTree Yield Enhanced US Short-Term Aggregate Bond Fund
SHAG
$47.1M
| $6.09M | ﹤0.01% |
128,991
-189
| -0.1% | -$8.97K |
|
1915
Lincoln Electric
LECO
$14.2B
| $6.08M | ﹤0.01% |
32,449
+2,450
| +8% | +$494K |
|
1916
iShares Europe ETF
IEV
$1.67B
| $6.08M | ﹤0.01% |
116,807
-17,612
| -13% | -$963K |
|
1917
BWX Technologies
BWXT
$15.5B
| $6.08M | ﹤0.01% |
54,552
+22,340
| +69% | +$2.73M |
|
1918
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.42B
| $6.07M | ﹤0.01% |
261,127
+10,111
| +4% | +$241K |
|
1919
iShares New York Muni Bond ETF
NYF
$1.38B
| $6.05M | ﹤0.01% |
113,639
+6,708
| +6% | +$360K |
|
|
EXE
1920
Expand Energy Corp
EXE
$21.8B
| $6.04M | ﹤0.01% |
60,699
+17,479
| +40% | +$1.61M |
|
1921
Bio-Techne
TECH
$11.2B
| $6.04M | ﹤0.01% |
81,801
+7,777
| +11% | +$571K |
|
1922
PureCycle Technologies
PCT
$1.28B
| $6.03M | ﹤0.01% |
588,407
+24,270
| +4% | +$282K |
|
1923
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.7M
| $6.03M | ﹤0.01% |
161,906
+62,053
| +62% | +$2.38M |
|
|
FCT
1924
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $6.03M | ﹤0.01% |
582,567
-301,372
| -34% | -$3.12M |
|
1925
Ingredion
INGR
$6.27B
| $6.03M | ﹤0.01% |
43,804
+21,231
| +94% | +$2.99M |
|
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.