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
|
+$410M |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$316M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$271M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$225M |
| 5 |
FT Vest Fund of Buffer ETFs
BUFR
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$279M |
| 2 |
iShares US Technology ETF
IYW
|
+$142M |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$139M |
| 4 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$116M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$91.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.5% |
| 2 | Financials | 3.09% |
| 3 | Healthcare | 2.96% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FEI
2476
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $1.63M | ﹤0.01% |
206,182
-71,436
| -26% | -$572K |
|
2477
ChargePoint
CHPT
$143M
| $1.63M | ﹤0.01% |
16,393
-4,471
| -21% | -$649K |
|
|
STR
2478
DELISTED
Sitio Royalties
STR
| $1.63M | ﹤0.01% |
67,246
+13,170
| +24% | +$339K |
|
2479
Arm
ARM
$255B
| $1.63M | ﹤0.01% |
+30,371
| New | +$1.68M |
|
|
FEN
2480
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $1.63M | ﹤0.01% |
123,586
+816
| +0.7% | +$11.3K |
|
2481
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF
LQDW
$308M
| $1.62M | ﹤0.01% |
+51,532
| New | +$1.67M |
|
2482
Simplify Short Term Treasury Futures Strategy ETF
TUA
$663M
| $1.62M | ﹤0.01% |
+74,319
| New | +$1.66M |
|
2483
Cambria Foreign Shareholder Yield ETF
FYLD
$709M
| $1.62M | ﹤0.01% |
67,401
+42,348
| +169% | +$1.03M |
|
2484
Franklin US Core Dividend Tilt Index ETF
UDIV
$143M
| $1.61M | ﹤0.01% |
48,827
+4,934
| +11% | +$170K |
|
|
FLC
2485
Flaherty & Crumrine Total Return Fund
FLC
$176M
| $1.61M | ﹤0.01% |
117,867
+998
| +0.9% | +$14.1K |
|
2486
Star Bulk Carriers
SBLK
$3.2B
| $1.61M | ﹤0.01% |
83,526
-6,757
| -7% | -$120K |
|
2487
DigitalOcean
DOCN
$14.9B
| $1.61M | ﹤0.01% |
66,879
+7,570
| +13% | +$268K |
|
|
ALTR
2488
DELISTED
Altair Engineering Inc
ALTR
| $1.61M | ﹤0.01% |
25,605
+2,543
| +11% | +$171K |
|
2489
Carpenter Technology
CRS
$27B
| $1.61M | ﹤0.01% |
23,891
+2,764
| +13% | +$168K |
|
|
JNPR
2490
DELISTED
Juniper Networks
JNPR
| $1.61M | ﹤0.01% |
57,762
+24,881
| +76% | +$717K |
|
|
BECN
2491
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.6M | ﹤0.01% |
20,792
+16,362
| +369% | +$1.32M |
|
2492
Upstart Holdings
UPST
$2.82B
| $1.6M | ﹤0.01% |
56,148
+5,192
| +10% | +$209K |
|
2493
Ingredion
INGR
$6.33B
| $1.6M | ﹤0.01% |
16,274
+954
| +6% | +$99K |
|
|
LADR
2494
Ladder Capital
LADR
$1.23B
| $1.6M | ﹤0.01% |
156,051
+7,339
| +5% | +$79.4K |
|
2495
Alamos Gold
AGI
$12B
| $1.6M | ﹤0.01% |
141,660
+6,496
| +5% | +$78.2K |
|
|
PLL
2496
DELISTED
Piedmont Lithium
PLL
| $1.6M | ﹤0.01% |
40,244
-14,277
| -26% | -$694K |
|
2497
Installed Building Products
IBP
$6.15B
| $1.6M | ﹤0.01% |
12,977
+903
| +7% | +$128K |
|
2498
WillScot Mobile Mini Holdings
WSC
$4.66B
| $1.59M | ﹤0.01% |
38,342
+19,694
| +106% | +$867K |
|
2499
Columbia Research Enhanced Value ETF
REVS
$335M
| $1.59M | ﹤0.01% |
+78,095
| New | +$1.65M |
|
2500
Lattice Semiconductor
LSCC
$18B
| $1.59M | ﹤0.01% |
18,535
+4,057
| +28% | +$366K |
|
Similar funds
LPL Financial's Q3 2023 Portfolio in Review
As of Q3 2023, LPL Financial held 4,862 positions worth $143B, up 2.1% from $140B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $8.26B of net new capital in Q3 2023, opening 280 new positions and adding to 2,842 existing holdings. Its largest new stake was Toews Agility Shares Managed Risk ETF: 749,841 shares worth $20.9M.
By sector, the portfolio is most concentrated in Technology at 6.5% of assets, down from 6.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $279M trimmed.
- LPL Financial's largest Q3 2023 buy was Toews Agility Shares Managed Risk ETF: 749,841 shares worth $20.9M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q3 2023, an estimated $410M increase.
- LPL Financial's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $279M.
- LPL Financial fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $23.3M.
- LPL Financial's ten largest holdings make up 18% of its $143B portfolio in Q3 2023.
- LPL Financial opened 280 new positions and closed 178 in Q3 2023.
- LPL Financial's portfolio value rose 2.1% quarter-over-quarter to $143B.
Based on LPL Financial's 13F filing for Q3 2023, filed 13 Nov 2023.