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 | |
|---|---|---|---|---|---|---|
2226
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$973M
| $4.17M | ﹤0.01% |
217,225
+63,792
| +42% | +$1.24M |
|
2227
Xtrackers Short Duration High Yield Bond ETF
SHYL
$268M
| $4.16M | ﹤0.01% |
93,019
+45,967
| +98% | +$2.07M |
|
2228
Lumentum
LITE
$60.3B
| $4.16M | ﹤0.01% |
49,566
-468
| -0.9% | -$36.5K |
|
2229
iShares MSCI Australia ETF
EWA
$1.4B
| $4.16M | ﹤0.01% |
174,141
+1,104
| +0.6% | +$28.4K |
|
2230
American Century Multisector Income ETF
MUSI
$244M
| $4.14M | ﹤0.01% |
95,827
+11,681
| +14% | +$511K |
|
2231
IDEX
IEX
$17.1B
| $4.12M | ﹤0.01% |
19,702
+2,363
| +14% | +$517K |
|
2232
WisdomTree US AI Enhanced Value Fund
AIVL
$430M
| $4.12M | ﹤0.01% |
38,703
-3,718
| -9% | -$412K |
|
2233
Hasbro
HAS
$13.1B
| $4.11M | ﹤0.01% |
73,579
+8,962
| +14% | +$585K |
|
2234
FT Vest US Equity Buffer ETF February
FFEB
$1.39B
| $4.1M | ﹤0.01% |
82,411
+10,113
| +14% | +$499K |
|
2235
monday.com
MNDY
$3.75B
| $4.1M | ﹤0.01% |
17,405
+1,605
| +10% | +$445K |
|
2236
Range Resources
RRC
$9.4B
| $4.09M | ﹤0.01% |
113,800
+21,440
| +23% | +$709K |
|
2237
Blackstone Mortgage Trust
BXMT
$2.46B
| $4.08M | ﹤0.01% |
234,566
-24,127
| -9% | -$446K |
|
2238
Angel Oak Income ETF
CARY
$1.38B
| $4.08M | ﹤0.01% |
198,277
+138,611
| +232% | +$2.89M |
|
2239
Genmab
GMAB
$17.5B
| $4.08M | ﹤0.01% |
195,436
+6,288
| +3% | +$138K |
|
2240
iShares iBonds 2028 Term High Yield and Income ETF
IBHH
$457M
| $4.07M | ﹤0.01% |
174,212
+81,181
| +87% | +$1.91M |
|
2241
iShares International Treasury Bond ETF
IGOV
$1.53B
| $4.06M | ﹤0.01% |
105,612
+58,005
| +122% | +$2.31M |
|
2242
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$846M
| $4.05M | ﹤0.01% |
166,222
+7,980
| +5% | +$196K |
|
2243
Doximity
DOCS
$3.92B
| $4.04M | ﹤0.01% |
75,757
+3,967
| +6% | +$194K |
|
2244
Chewy
CHWY
$9.47B
| $4.04M | ﹤0.01% |
120,669
+771
| +0.6% | +$24K |
|
2245
Invesco Pharmaceuticals ETF
PJP
$465M
| $4.04M | ﹤0.01% |
48,895
-3,202
| -6% | -$276K |
|
2246
Nuveen Enhanced Yield US Aggregate Bond ETF
NUAG
$94.8M
| $4.04M | ﹤0.01% |
195,735
-105,491
| -35% | -$2.22M |
|
|
GTLS
2247
DELISTED
Chart Industries
GTLS
| $4.03M | ﹤0.01% |
21,143
+6,785
| +47% | +$1.09M |
|
2248
iShares 25+ Year Treasury STRIPS Bond ETF
GOVZ
$259M
| $4.03M | ﹤0.01% |
101,983
-289,988
| -74% | -$12.5M |
|
2249
iShares Mortgage Real Estate ETF
REM
$538M
| $4.03M | ﹤0.01% |
188,607
-3,290
| -2% | -$74.6K |
|
2250
Franklin US Equity Index ETF
USPX
$2.03B
| $4.02M | ﹤0.01% |
78,375
+72,968
| +1,350% | +$3.77M |
|
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.