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
|
+$374M |
| 2 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$242M |
| 3 |
FT Vest Fund of Buffer ETFs
BUFR
|
+$242M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$240M |
| 5 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$205M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$147M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$116M |
| 3 |
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
|
+$71M |
| 4 |
Vanguard Russell 1000 Value ETF
VONV
|
+$64.6M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$64.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.89% |
| 2 | Financials | 3.17% |
| 3 | Healthcare | 2.77% |
| 4 | Consumer Discretionary | 2.65% |
| 5 | Industrials | 2.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2626
FT Vest US Equity Buffer ETF December
FDEC
$1.35B
| $1.6M | ﹤0.01% |
41,047
+6,664
| +19% | +$244K |
|
2627
NCR Voyix
VYX
$1.22B
| $1.6M | ﹤0.01% |
94,556
-17,425
| -16% | -$278K |
|
2628
SiriusXM
SIRI
$10.4B
| $1.6M | ﹤0.01% |
29,216
+850
| +3% | +$40.8K |
|
2629
Columbia Banking Systems
COLB
$8.99B
| $1.6M | ﹤0.01% |
59,876
+16,898
| +39% | +$376K |
|
2630
Travel + Leisure Co
TNL
$4.78B
| $1.6M | ﹤0.01% |
40,804
-11,157
| -21% | -$405K |
|
2631
Sibanye-Stillwater
SBSW
$6.77B
| $1.59M | ﹤0.01% |
293,371
+172,965
| +144% | +$895K |
|
|
EOI
2632
Eaton Vance Enhanced Equity Income Fund
EOI
$822M
| $1.59M | ﹤0.01% |
95,848
+6,031
| +7% | +$94.4K |
|
2633
Invesco Global Clean Energy ETF
PBD
$193M
| $1.59M | ﹤0.01% |
99,426
-145,699
| -59% | -$2.13M |
|
2634
Modine Manufacturing
MOD
$10.7B
| $1.59M | ﹤0.01% |
26,572
+6,747
| +34% | +$330K |
|
|
DHY
2635
Credit Suisse High Yield Credit Fund
DHY
$242M
| $1.58M | ﹤0.01% |
800,004
-25,017
| -3% | -$47.3K |
|
2636
Kyndryl
KD
$3.24B
| $1.58M | ﹤0.01% |
76,147
+4,396
| +6% | +$75.1K |
|
2637
Amplify Video Game Tech ETF
GAMR
$39.6M
| $1.58M | ﹤0.01% |
26,720
-1,060
| -4% | -$58.3K |
|
2638
TG Therapeutics
TGTX
$7.46B
| $1.58M | ﹤0.01% |
92,568
+1,180
| +1% | +$13.7K |
|
2639
ALPS Disruptive Technologies ETF
DTEC
$75.4M
| $1.58M | ﹤0.01% |
38,152
-3,085
| -7% | -$114K |
|
2640
MGE Energy Inc
MGEE
$3.02B
| $1.58M | ﹤0.01% |
21,848
-516
| -2% | -$37.3K |
|
2641
Doximity
DOCS
$3.99B
| $1.58M | ﹤0.01% |
56,271
-3,230
| -5% | -$76.3K |
|
2642
ALPS O'Shares Global Internet Giants ETF
OGIG
$111M
| $1.58M | ﹤0.01% |
43,186
-1,403
| -3% | -$46.2K |
|
2643
Rentokil
RTO
$12.6B
| $1.58M | ﹤0.01% |
55,101
+13,264
| +32% | +$390K |
|
2644
Roundhill Ball Metaverse ETF
METV
$217M
| $1.57M | ﹤0.01% |
136,834
-11,788
| -8% | -$122K |
|
2645
Iridium Communications
IRDM
$5.26B
| $1.57M | ﹤0.01% |
38,203
+2,110
| +6% | +$83.5K |
|
2646
Invesco Oil & Gas Services ETF
PXJ
$62.6M
| $1.56M | ﹤0.01% |
54,548
+41,796
| +328% | +$1.22M |
|
2647
Innovator US Equity Power Buffer ETF June
PJUN
$975M
| $1.56M | ﹤0.01% |
46,875
+34,105
| +267% | +$1.1M |
|
2648
Ormat Technologies
ORA
$6.15B
| $1.56M | ﹤0.01% |
20,637
+7,914
| +62% | +$537K |
|
2649
Henry Schein
HSIC
$10.2B
| $1.56M | ﹤0.01% |
20,615
-8,075
| -28% | -$565K |
|
2650
CVR Energy
CVI
$3.35B
| $1.56M | ﹤0.01% |
51,501
-7,433
| -13% | -$235K |
|
Similar funds
LPL Financial's Q4 2023 Portfolio in Review
As of Q4 2023, LPL Financial held 4,981 positions worth $165B, up 16% from $143B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $8.14B of net new capital in Q4 2023, opening 301 new positions and adding to 2,632 existing holdings. Its largest new stake was Veralto: 345,362 shares worth $28.4M.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $147M trimmed.
- LPL Financial's largest Q4 2023 buy was Veralto: 345,362 shares worth $28.4M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $374M increase.
- LPL Financial's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $147M.
- LPL Financial fully exited Invesco BulletShares 2023 Corporate Bond ETF in Q4 2023, selling an estimated $71M.
- LPL Financial's ten largest holdings make up 18% of its $165B portfolio in Q4 2023.
- LPL Financial opened 301 new positions and closed 188 in Q4 2023.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $165B.
Based on LPL Financial's 13F filing for Q4 2023, filed 14 Feb 2024.