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 | |
|---|---|---|---|---|---|---|
|
OXLC
2151
Oxford Lane Capital
OXLC
$889M
| $4.55M | ﹤0.01% |
179,469
+53,726
| +43% | +$1.41M |
|
2152
Planet Fitness
PLNT
$4.48B
| $4.55M | ﹤0.01% |
44,662
+4,829
| +12% | +$441K |
|
2153
Campbell Soup
CPB
$6.62B
| $4.54M | ﹤0.01% |
108,515
+27,281
| +34% | +$1.23M |
|
2154
Alpha Architect US Quantitative Momentum ETF
QMOM
$419M
| $4.54M | ﹤0.01% |
70,853
+24,422
| +53% | +$1.64M |
|
2155
First Trust Horizon Managed Volatility Small/Mid ETF
HSMV
$35.2M
| $4.54M | ﹤0.01% |
126,727
+5,073
| +4% | +$188K |
|
|
HQH
2156
abrdn Healthcare Investors
HQH
$1.26B
| $4.53M | ﹤0.01% |
282,020
+111,383
| +65% | +$1.98M |
|
2157
Lakeland Financial Corp
LKFN
$1.59B
| $4.53M | ﹤0.01% |
65,825
+4,044
| +7% | +$280K |
|
2158
Okta
OKTA
$25.3B
| $4.52M | ﹤0.01% |
57,352
+14,057
| +32% | +$1.09M |
|
|
HES
2159
DELISTED
Hess
HES
| $4.52M | ﹤0.01% |
33,976
+140
| +0.4% | +$19.6K |
|
2160
CF Industries
CF
$18.5B
| $4.51M | ﹤0.01% |
52,824
-192
| -0.4% | -$16.6K |
|
2161
Lantheus
LNTH
$6.64B
| $4.49M | ﹤0.01% |
50,233
-1,753
| -3% | -$171K |
|
|
FGB
2162
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $4.49M | ﹤0.01% |
1,067,248
+191
| +0% | +$799 |
|
2163
iShares Latin America 40 ETF
ILF
$3.82B
| $4.47M | ﹤0.01% |
214,007
-241,595
| -53% | -$5.8M |
|
2164
Cheniere Energy
CQP
$32B
| $4.47M | ﹤0.01% |
84,086
+12,840
| +18% | +$672K |
|
2165
Teva Pharmaceuticals
TEVA
$40B
| $4.46M | ﹤0.01% |
202,251
-9,168
| -4% | -$167K |
|
2166
Innovator US Equity Buffer ETF April
BAPR
$407M
| $4.46M | ﹤0.01% |
100,583
-5,938
| -6% | -$262K |
|
|
NBSD
2167
Neuberger Short Duration Income ETF
NBSD
$1.21B
| $4.46M | ﹤0.01% |
87,851
+76,592
| +680% | +$3.89M |
|
2168
First Hawaiian
FHB
$3.43B
| $4.46M | ﹤0.01% |
171,687
+31,904
| +23% | +$820K |
|
2169
VanEck Energy Income ETF
EINC
$82.5M
| $4.45M | ﹤0.01% |
47,329
+8,153
| +21% | +$755K |
|
2170
VanEck Durable High Dividend ETF
DURA
$38.5M
| $4.45M | ﹤0.01% |
136,548
+340
| +0.2% | +$11.6K |
|
2171
Bright Horizons
BFAM
$4.04B
| $4.44M | ﹤0.01% |
40,068
+4,108
| +11% | +$494K |
|
2172
Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
$1.5B
| $4.44M | ﹤0.01% |
152,625
+27,720
| +22% | +$835K |
|
2173
International Money Express
IMXI
$374M
| $4.44M | ﹤0.01% |
+213,142
| New | +$4.19M |
|
2174
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$105M
| $4.44M | ﹤0.01% |
94,762
+753
| +0.8% | +$36.7K |
|
2175
Thomson Reuters
TRI
$44.4B
| $4.44M | ﹤0.01% |
27,245
-2,008
| -7% | -$338K |
|
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.