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 | |
|---|---|---|---|---|---|---|
2376
Calumet Specialty Products
CLMT
$3.69B
| $3.5M | ﹤0.01% |
158,774
-36,719
| -19% | -$772K |
|
2377
BlackRock Science and Technology Term Trust
BSTZ
$1.99B
| $3.5M | ﹤0.01% |
168,770
-16,224
| -9% | -$335K |
|
2378
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.77B
| $3.49M | ﹤0.01% |
151,202
-33,830
| -18% | -$812K |
|
2379
Global X S&P 500 Covered Call & Growth ETF
XYLG
$65M
| $3.49M | ﹤0.01% |
124,997
-102,358
| -45% | -$3.33M |
|
2380
Kratos Defense & Security Solutions
KTOS
$9.23B
| $3.49M | ﹤0.01% |
132,117
+30,220
| +30% | +$774K |
|
2381
iShares CMBS ETF
CMBS
$472M
| $3.48M | ﹤0.01% |
73,688
+15,076
| +26% | +$718K |
|
2382
PUT
Broadcom
AVGO
$1.87T
| $3.48M | ﹤0.01% |
+15,000
| New | +$2.77M |
|
2383
Innovator US Equity Buffer ETF January
BJAN
$345M
| $3.48M | ﹤0.01% |
72,513
+67
| +0.1% | +$3.17K |
|
2384
iShares Core 5-10 Year USD Bond ETF
IMTB
$274M
| $3.47M | ﹤0.01% |
81,793
-26,545
| -25% | -$1.15M |
|
2385
Vail Resorts
MTN
$5.32B
| $3.47M | ﹤0.01% |
18,510
+5,430
| +42% | +$972K |
|
2386
John Hancock Mortgage-Backed Securities ETF
JHMB
$205M
| $3.46M | ﹤0.01% |
160,902
+107,700
| +202% | +$2.35M |
|
2387
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.18B
| $3.45M | ﹤0.01% |
136,449
-6,254
| -4% | -$163K |
|
2388
Construction Partners
ROAD
$6.11B
| $3.45M | ﹤0.01% |
39,006
+11,625
| +42% | +$1.01M |
|
2389
Snap
SNAP
$8.48B
| $3.45M | ﹤0.01% |
320,348
-15,551
| -5% | -$175K |
|
2390
Kyndryl
KD
$3.07B
| $3.44M | ﹤0.01% |
99,506
+18,198
| +22% | +$530K |
|
2391
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.2B
| $3.44M | ﹤0.01% |
98,367
+5,310
| +6% | +$211K |
|
2392
Loews
L
$23.9B
| $3.44M | ﹤0.01% |
40,590
-264
| -0.6% | -$21.8K |
|
2393
GameStop
GME
$8.55B
| $3.44M | ﹤0.01% |
109,631
+30,955
| +39% | +$794K |
|
2394
White Mountains Insurance
WTM
$5.2B
| $3.43M | ﹤0.01% |
1,763
+501
| +40% | +$947K |
|
2395
Fortune Brands Innovations
FBIN
$6.22B
| $3.41M | ﹤0.01% |
49,978
+3,875
| +8% | +$310K |
|
|
ETW
2396
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.04B
| $3.41M | ﹤0.01% |
405,191
+30,449
| +8% | +$261K |
|
2397
First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF
FCEF
$81.3M
| $3.41M | ﹤0.01% |
157,699
+11,558
| +8% | +$255K |
|
2398
Cars.com
CARS
$676M
| $3.41M | ﹤0.01% |
+196,631
| New | +$3.44M |
|
2399
PUT
Amazon
AMZN
$3.06T
| $3.4M | ﹤0.01% |
15,500
+1,000
| +7% | +$205K |
|
2400
CryoPort
CYRX
$781M
| $3.4M | ﹤0.01% |
436,766
+406,976
| +1,366% | +$3.03M |
|
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.