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 | |
|---|---|---|---|---|---|---|
2251
Invesco BulletShares 2029 Municipal Bond ETF
BSMT
$282M
| $4.01M | ﹤0.01% |
174,762
+43,706
| +33% | +$1.01M |
|
|
EVSD
2252
Eaton Vance Short Duration Income ETF
EVSD
$1.35B
| $4.01M | ﹤0.01% |
79,385
+52,059
| +191% | +$2.63M |
|
2253
Polaris
PII
$4.05B
| $4M | ﹤0.01% |
69,444
-2,769
| -4% | -$193K |
|
2254
Biogen
BIIB
$29.6B
| $4M | ﹤0.01% |
26,138
-18,253
| -41% | -$3.08M |
|
2255
Silicon Laboratories
SLAB
$7.2B
| $3.99M | ﹤0.01% |
30,942
+8,289
| +37% | +$951K |
|
2256
Simplify US Equity PLUS GBTC ETF
SPBC
$44.6M
| $3.99M | ﹤0.01% |
103,341
+48,026
| +87% | +$1.84M |
|
2257
First Trust Multi Cap Value AlphaDEX Fund
FAB
$170M
| $3.99M | ﹤0.01% |
48,376
+1,581
| +3% | +$135K |
|
2258
FT Vest US Equity Deep Buffer ETF August
DAUG
$373M
| $3.99M | ﹤0.01% |
100,458
-5,087
| -5% | -$201K |
|
2259
PUT
Pfizer
PFE
$142B
| $3.98M | ﹤0.01% |
150,200
-133,600
| -47% | -$3.62M |
|
2260
Principal Exchange-Traded Funds Principal Quality ETF
PSET
$28.6M
| $3.97M | ﹤0.01% |
55,404
+1,686
| +3% | +$122K |
|
2261
Bloom Energy
BE
$64.3B
| $3.95M | ﹤0.01% |
178,069
-41,104
| -19% | -$720K |
|
2262
Avantis US Mid Cap Value ETF
AVMV
$738M
| $3.94M | ﹤0.01% |
+60,407
| New | +$4.04M |
|
|
ASGI
2263
abrdn Global Infrastructure Income Fund
ASGI
$756M
| $3.93M | ﹤0.01% |
224,040
+8,631
| +4% | +$167K |
|
2264
Granite Construction
GVA
$5.44B
| $3.92M | ﹤0.01% |
44,739
-7,956
| -15% | -$717K |
|
2265
Choice Hotels
CHH
$4.98B
| $3.92M | ﹤0.01% |
27,638
+2,571
| +10% | +$364K |
|
2266
AutoNation
AN
$7.16B
| $3.92M | ﹤0.01% |
23,092
-1,541
| -6% | -$260K |
|
2267
NVR
NVR
$16.5B
| $3.91M | ﹤0.01% |
479
-16
| -3% | -$146K |
|
2268
Global X Adaptive US Risk Management ETF
ONOF
$139M
| $3.91M | ﹤0.01% |
111,532
-976
| -0.9% | -$34.5K |
|
2269
Mitsubishi UFJ Financial
MUFG
$254B
| $3.91M | ﹤0.01% |
333,403
+115,315
| +53% | +$1.3M |
|
2270
State Street SPDR S&P China ETF
GXC
$476M
| $3.9M | ﹤0.01% |
51,433
+36,379
| +242% | +$2.91M |
|
2271
JPMorgan International Value ETF
JIVE
$3.47B
| $3.89M | ﹤0.01% |
70,555
+8,245
| +13% | +$476K |
|
2272
Viking Therapeutics
VKTX
$3.77B
| $3.89M | ﹤0.01% |
96,702
+14,873
| +18% | +$848K |
|
2273
Nuveen Global High Income Fund
JGH
$352M
| $3.89M | ﹤0.01% |
303,000
+7,166
| +2% | +$93.7K |
|
|
QQQH
2274
NEOS Nasdaq-100 Hedged Equity Income ETF
QQQH
$378M
| $3.89M | ﹤0.01% |
74,641
-5,375
| -7% | -$279K |
|
2275
VanEck Biotech ETF
BBH
$397M
| $3.88M | ﹤0.01% |
24,747
-1,527
| -6% | -$257K |
|
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.