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 | |
|---|---|---|---|---|---|---|
1926
Innovator US Equity Power Buffer ETF January
PJAN
$1.43B
| $6.02M | ﹤0.01% |
142,400
-850
| -0.6% | -$35.5K |
|
1927
First Trust Alternative Absolute Return Strategy ETF
FAAR
$192M
| $6.01M | ﹤0.01% |
214,734
+22,663
| +12% | +$632K |
|
1928
Medpace
MEDP
$16.1B
| $6.01M | ﹤0.01% |
17,960
+909
| +5% | +$308K |
|
|
SMLR
1929
DELISTED
Semler Scientific
SMLR
| $5.97M | ﹤0.01% |
110,633
+22,305
| +25% | +$1.02M |
|
1930
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$289M
| $5.97M | ﹤0.01% |
144,091
-7,073
| -5% | -$299K |
|
1931
Invesco Food & Beverage ETF
PBJ
$108M
| $5.97M | ﹤0.01% |
128,500
+3,585
| +3% | +$171K |
|
|
AOD
1932
abrdn Total Dynamic Dividend Fund
AOD
$1.11B
| $5.94M | ﹤0.01% |
706,447
+25,367
| +4% | +$223K |
|
1933
UBS Group
UBS
$173B
| $5.93M | ﹤0.01% |
195,629
+33,126
| +20% | +$1.05M |
|
|
P
1934
Everpure Inc
P
$25.7B
| $5.93M | ﹤0.01% |
96,556
+18,306
| +23% | +$1.02M |
|
1935
Core Scientific
CORZ
$6.66B
| $5.92M | ﹤0.01% |
421,213
+126,454
| +43% | +$1.87M |
|
1936
Reliance Steel & Aluminium
RS
$20.7B
| $5.91M | ﹤0.01% |
21,956
-4,559
| -17% | -$1.35M |
|
1937
Vanguard Global ex-US Real Estate ETF
VNQI
$3.52B
| $5.91M | ﹤0.01% |
149,390
+11,075
| +8% | +$480K |
|
1938
CRISPR Therapeutics
CRSP
$4.73B
| $5.89M | ﹤0.01% |
149,726
+42,232
| +39% | +$1.99M |
|
1939
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
$72.8M
| $5.89M | ﹤0.01% |
155,968
+2,508
| +2% | +$96.7K |
|
1940
National Fuel Gas
NFG
$7.82B
| $5.89M | ﹤0.01% |
96,988
+20,861
| +27% | +$1.28M |
|
1941
Amplify BlueStar Israel Technology ETF
ITEQ
$112M
| $5.88M | ﹤0.01% |
114,205
+4,954
| +5% | +$249K |
|
|
X
1942
DELISTED
US Steel
X
| $5.88M | ﹤0.01% |
172,957
-65,505
| -27% | -$2.42M |
|
1943
Fidelity Enhanced International ETF
FENI
$10.8B
| $5.87M | ﹤0.01% |
213,304
+76,965
| +56% | +$2.21M |
|
1944
VanEck CEF Muni Income ETF
XMPT
$219M
| $5.87M | ﹤0.01% |
272,966
+148,875
| +120% | +$3.34M |
|
|
HTD
1945
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$913M
| $5.87M | ﹤0.01% |
266,531
+23,368
| +10% | +$536K |
|
|
AVK
1946
Advent Convertible and Income Fund
AVK
$547M
| $5.87M | ﹤0.01% |
498,517
+63,521
| +15% | +$746K |
|
1947
Jabil
JBL
$33B
| $5.86M | ﹤0.01% |
40,748
+7,747
| +23% | +$1.02M |
|
1948
Inspire Corporate Bond ETF
IBD
$481M
| $5.86M | ﹤0.01% |
249,918
+24,618
| +11% | +$584K |
|
|
BBT
1949
Beacon Financial Corp
BBT
$2.66B
| $5.86M | ﹤0.01% |
206,010
-156
| -0.1% | -$4.5K |
|
1950
Fluor
FLR
$7.01B
| $5.85M | ﹤0.01% |
118,652
+19,161
| +19% | +$1.01M |
|
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.