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 | |
|---|---|---|---|---|---|---|
2776
Commercial Vehicle Group
CVGI
$132M
| $1.15M | ﹤0.01% |
148,484
-1,800
| -1% | -$17K |
|
2777
ProShares Pet Care ETF
PAWZ
$33.5M
| $1.15M | ﹤0.01% |
25,804
-2,061
| -7% | -$102K |
|
2778
UFP Industries
UFPI
$5.24B
| $1.15M | ﹤0.01% |
11,238
-12,496
| -53% | -$1.26M |
|
2779
TKO Group
TKO
$13.8B
| $1.15M | ﹤0.01% |
+13,690
| New | +$1.27M |
|
2780
First Trust Dorsey Wright Momentum & Low Volatility ETF
DVOL
$74.2M
| $1.15M | ﹤0.01% |
46,066
+10,438
| +29% | +$271K |
|
2781
Euronet Worldwide
EEFT
$2.93B
| $1.15M | ﹤0.01% |
14,466
+604
| +4% | +$56.1K |
|
|
PETQ
2782
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.15M | ﹤0.01% |
58,283
-1,968
| -3% | -$35.2K |
|
|
JPXN
2783
iShares JPX-Nikkei 400 ETF
JPXN
$137M
| $1.15M | ﹤0.01% |
17,928
-5,256
| -23% | -$346K |
|
2784
The 3D Printing ETF
PRNT
$63.5M
| $1.14M | ﹤0.01% |
56,374
-3,656
| -6% | -$81.4K |
|
2785
ASE Group
ASX
$85.1B
| $1.14M | ﹤0.01% |
151,696
-3,854
| -2% | -$29.9K |
|
2786
PUT
ExxonMobil
XOM
$638B
| $1.14M | ﹤0.01% |
9,700
-11,800
| -55% | -$1.29M |
|
2787
Elastic
ESTC
$7.39B
| $1.14M | ﹤0.01% |
14,026
+924
| +7% | +$63K |
|
2788
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$176M
| $1.14M | ﹤0.01% |
27,470
+3,132
| +13% | +$138K |
|
|
CNH
2789
CNH Industrial
CNH
$13.9B
| $1.14M | ﹤0.01% |
93,928
+5,921
| +7% | +$82K |
|
2790
Ameresco
AMRC
$1.48B
| $1.13M | ﹤0.01% |
31,683
+2,395
| +8% | +$116K |
|
2791
Helmerich & Payne
HP
$3.45B
| $1.13M | ﹤0.01% |
26,875
+4,460
| +20% | +$186K |
|
2792
HighPeak Energy
HPK
$864M
| $1.13M | ﹤0.01% |
67,032
+54,145
| +420% | +$786K |
|
2793
PUT
NextEra Energy
NEE
$182B
| $1.13M | ﹤0.01% |
19,700
+17,000
| +630% | +$1.18M |
|
2794
Innovator US Equity Ultra Buffer ETF October
UOCT
$181M
| $1.13M | ﹤0.01% |
36,889
+17,794
| +93% | +$537K |
|
2795
Flywire
FLYW
$2.13B
| $1.12M | ﹤0.01% |
35,220
+3,320
| +10% | +$106K |
|
2796
GFL Environmental
GFL
$15.2B
| $1.12M | ﹤0.01% |
35,276
+14,151
| +67% | +$486K |
|
|
MFM
2797
Aberdeen Municipal Income Fund
MFM
$222M
| $1.12M | ﹤0.01% |
246,071
-468
| -0.2% | -$2.35K |
|
2798
Oshkosh
OSK
$9.68B
| $1.12M | ﹤0.01% |
11,717
+2,156
| +23% | +$209K |
|
|
CALY
2799
Callaway Golf Company
CALY
$3.52B
| $1.12M | ﹤0.01% |
80,662
+4,024
| +5% | +$70.6K |
|
2800
Banco Bradesco
BBD
$37.9B
| $1.11M | ﹤0.01% |
391,016
+43,272
| +12% | +$137K |
|
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.