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 | |
|---|---|---|---|---|---|---|
2951
Rayonier
RYN
$6.6B
| $942K | ﹤0.01% |
36,477
-801
| -2% | -$22.4K |
|
2952
Aptus Enhanced Yield ETF
JUCY
$317M
| $939K | ﹤0.01% |
38,768
+22,621
| +140% | +$552K |
|
2953
AdvisorShares Insider Advantage ETF
SURE
$58.3M
| $936K | ﹤0.01% |
9,874
-107
| -1% | -$10.4K |
|
2954
Wabash National
WNC
$507M
| $932K | ﹤0.01% |
44,122
+8,365
| +23% | +$192K |
|
2955
Epsilon Energy
EPSN
$170M
| $932K | ﹤0.01% |
176,480
+53,180
| +43% | +$296K |
|
2956
ProShares S&P 500 ex-Financials ETF
SPXN
$79.3M
| $927K | ﹤0.01% |
20,048
+13,734
| +218% | +$660K |
|
|
GPP
2957
DELISTED
Green Plains Partners LP
GPP
| $926K | ﹤0.01% |
62,221
-119,991
| -66% | -$1.66M |
|
|
DVAX
2958
DELISTED
Dynavax Technologies
DVAX
| $926K | ﹤0.01% |
62,663
+43,957
| +235% | +$618K |
|
|
HDUS
2959
Hartford Disciplined US Equity ETF
HDUS
$210M
| $925K | ﹤0.01% |
21,867
+1,536
| +8% | +$67.5K |
|
2960
CALL
Wynn Resorts
WYNN
$10.1B
| $924K | ﹤0.01% |
10,000
| – | – |
|
2961
QuidelOrtho
QDEL
$1.2B
| $922K | ﹤0.01% |
12,624
-1,259
| -9% | -$101K |
|
2962
Avantor
AVTR
$9.25B
| $922K | ﹤0.01% |
43,740
-4,873
| -10% | -$104K |
|
2963
ALPS International Sector Dividend Dogs ETF
IDOG
$555M
| $921K | ﹤0.01% |
33,802
-5,650
| -14% | -$159K |
|
2964
JetBlue
JBLU
$2.42B
| $920K | ﹤0.01% |
200,020
+101,505
| +103% | +$668K |
|
2965
Cemex
CX
$16.8B
| $920K | ﹤0.01% |
141,527
-639
| -0.4% | -$4.74K |
|
2966
APi Group
APG
$18B
| $919K | ﹤0.01% |
53,142
+2,089
| +4% | +$38.3K |
|
2967
Innovator US Equity Power Buffer ETF May
PMAY
$816M
| $917K | ﹤0.01% |
+31,070
| New | +$929K |
|
|
PENG
2968
Penguin Solutions Inc
PENG
$2.96B
| $917K | ﹤0.01% |
37,648
-3,411
| -8% | -$86.1K |
|
|
SWN
2969
DELISTED
Southwestern Energy Company
SWN
| $916K | ﹤0.01% |
141,963
+3,710
| +3% | +$23.7K |
|
|
FBMS
2970
DELISTED
The First Bancshares, Inc.
FBMS
| $915K | ﹤0.01% |
33,937
+409
| +1% | +$11.7K |
|
2971
AMES National
ATLO
$276M
| $913K | ﹤0.01% |
55,029
+14,138
| +35% | +$260K |
|
2972
Garrett Motion
GTX
$5.86B
| $911K | ﹤0.01% |
115,659
+96,559
| +506% | +$743K |
|
2973
Columbia Short Duration Bond ETF
SBND
$206M
| $911K | ﹤0.01% |
+51,084
| New | +$917K |
|
2974
Colterpoint Net Lease Real Estate ETF
NETL
$54.6M
| $909K | ﹤0.01% |
42,156
-6,558
| -13% | -$156K |
|
2975
FT Vest US Equity Deep Buffer ETF April
DAPR
$312M
| $909K | ﹤0.01% |
29,980
-8,665
| -22% | -$267K |
|
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.