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 | |
|---|---|---|---|---|---|---|
2301
Paylocity
PCTY
$7.49B
| $3.78M | ﹤0.01% |
19,107
+3,515
| +23% | +$673K |
|
2302
Camden Property Trust
CPT
$10.9B
| $3.78M | ﹤0.01% |
32,573
+3,974
| +14% | +$476K |
|
2303
Ally Financial
ALLY
$13.4B
| $3.78M | ﹤0.01% |
104,903
+17,582
| +20% | +$639K |
|
2304
Pan American Silver
PAAS
$18.4B
| $3.78M | ﹤0.01% |
186,716
-1,254
| -0.7% | -$28.1K |
|
2305
TPG
TPG
$7.43B
| $3.77M | ﹤0.01% |
60,036
+26,370
| +78% | +$1.73M |
|
|
HQL
2306
abrdn Life Sciences Investors
HQL
$586M
| $3.77M | ﹤0.01% |
287,095
+129,313
| +82% | +$1.87M |
|
2307
Global X Video Games & Esports ETF
HERO
$65.3M
| $3.76M | ﹤0.01% |
160,196
+8,501
| +6% | +$203K |
|
2308
Landstar System
LSTR
$5.95B
| $3.75M | ﹤0.01% |
21,715
+4,728
| +28% | +$864K |
|
2309
Matador Resources
MTDR
$6.05B
| $3.75M | ﹤0.01% |
66,714
-1,363
| -2% | -$75K |
|
2310
HF Sinclair
DINO
$15.6B
| $3.75M | ﹤0.01% |
106,950
+41,743
| +64% | +$1.71M |
|
|
IGR
2311
CBRE Global Real Estate Income Fund
IGR
$709M
| $3.75M | ﹤0.01% |
779,076
-54,245
| -7% | -$309K |
|
2312
ProShares Trust Short MSCI EAFE
EFZ
$10.2M
| $3.72M | ﹤0.01% |
111,432
+20,606
| +23% | +$668K |
|
|
DPG
2313
Duff & Phelps Utility and Infrastructure Fund
DPG
$523M
| $3.71M | ﹤0.01% |
317,753
+8,176
| +3% | +$96.1K |
|
2314
Global X Nasdaq 100 Covered Call & Growth ETF
QYLG
$158M
| $3.71M | ﹤0.01% |
131,972
+8,875
| +7% | +$290K |
|
|
JBTM
2315
JBT Marel
JBTM
$7.41B
| $3.7M | ﹤0.01% |
29,583
+8,038
| +37% | +$927K |
|
2316
LifeVantage
LFVN
$80.6M
| $3.7M | ﹤0.01% |
211,039
+158,405
| +301% | +$2.22M |
|
|
HBI
2317
DELISTED
Hanesbrands
HBI
| $3.7M | ﹤0.01% |
454,132
+49,895
| +12% | +$393K |
|
2318
Capital Southwest
CSWC
$1.49B
| $3.69M | ﹤0.01% |
169,054
-22,942
| -12% | -$540K |
|
2319
iShares MSCI Brazil ETF
EWZ
$9.23B
| $3.69M | ﹤0.01% |
163,859
-178,201
| -52% | -$4.77M |
|
2320
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.52B
| $3.68M | ﹤0.01% |
156,163
+10,832
| +7% | +$258K |
|
2321
First Trust Global Wind Energy ETF
FAN
$278M
| $3.68M | ﹤0.01% |
248,427
+68,678
| +38% | +$1.11M |
|
|
WIW
2322
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$508M
| $3.68M | ﹤0.01% |
444,565
+391,632
| +740% | +$3.38M |
|
2323
Verra Mobility
VRRM
$848M
| $3.67M | ﹤0.01% |
151,920
+11,772
| +8% | +$292K |
|
2324
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$733M
| $3.67M | ﹤0.01% |
101,064
+72,152
| +250% | +$2.7M |
|
2325
Skywest
SKYW
$4.42B
| $3.67M | ﹤0.01% |
36,640
+12,300
| +51% | +$1.26M |
|
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.