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 | |
|---|---|---|---|---|---|---|
2951
monday.com
MNDY
$3.97B
| $1.11M | ﹤0.01% |
5,928
+1,755
| +42% | +$283K |
|
2952
Xerox
XRX
$424M
| $1.11M | ﹤0.01% |
60,680
-121
| -0.2% | -$1.79K |
|
2953
Innovator International Developed Power Buffer ETF July
IJUL
$253M
| $1.11M | ﹤0.01% |
40,962
+8,811
| +27% | +$228K |
|
2954
The 3D Printing ETF
PRNT
$63.5M
| $1.11M | ﹤0.01% |
47,805
-8,569
| -15% | -$174K |
|
2955
VanEck Environmental Services ETF
EVX
$102M
| $1.11M | ﹤0.01% |
36,425
+325
| +0.9% | +$9.34K |
|
2956
Ryan Specialty Holdings
RYAN
$5.77B
| $1.11M | ﹤0.01% |
25,785
+3,217
| +14% | +$145K |
|
2957
Commercial Vehicle Group
CVGI
$132M
| $1.11M | ﹤0.01% |
157,984
+9,500
| +6% | +$64.6K |
|
2958
B&G Foods
BGS
$289M
| $1.11M | ﹤0.01% |
105,289
-14,221
| -12% | -$132K |
|
|
GXDW
2959
Global X Funds Global X Dorsey Wright Thematic ETF
GXDW
$6.32M
| $1.11M | ﹤0.01% |
44,940
+19,212
| +75% | +$440K |
|
|
RIV
2960
RiverNorth Opportunities Fund
RIV
$315M
| $1.11M | ﹤0.01% |
100,584
+19,137
| +23% | +$201K |
|
2961
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| $1.1M | ﹤0.01% |
31,655
+1,141
| +4% | +$37.1K |
|
2962
APi Group
APG
$18B
| $1.1M | ﹤0.01% |
47,709
-5,433
| -10% | -$105K |
|
2963
Fidelity Momentum Factor ETF
FDMO
$958M
| $1.1M | ﹤0.01% |
20,785
+5,454
| +36% | +$268K |
|
2964
BlackRock MuniYield Quality Fund III
MYI
$716M
| $1.1M | ﹤0.01% |
94,436
+1,287
| +1% | +$13.3K |
|
2965
Horizon Technology Finance
HRZN
$311M
| $1.1M | ﹤0.01% |
83,201
+30,308
| +57% | +$371K |
|
2966
Global X DAX Germany ETF
DAX
$236M
| $1.09M | ﹤0.01% |
+35,468
| New | +$1.01M |
|
2967
Hancock Whitney
HWC
$6.32B
| $1.09M | ﹤0.01% |
22,517
+2,979
| +15% | +$119K |
|
2968
ProShares Ultra QQQ
QLD
$14.1B
| $1.09M | ﹤0.01% |
28,782
-6,072
| -17% | -$200K |
|
2969
Greenland Technologies Holding
GTEC
$14.3M
| $1.09M | ﹤0.01% |
392,000
| – | – |
|
2970
ProShares S&P 500 ex-Energy ETF
SPXE
$86.5M
| $1.09M | ﹤0.01% |
21,472
+9,948
| +86% | +$473K |
|
2971
Nuveen Select Tax-Free Income Portfolio
NXP
$897M
| $1.09M | ﹤0.01% |
73,939
-22,120
| -23% | -$308K |
|
2972
Cemex
CX
$16.8B
| $1.09M | ﹤0.01% |
140,804
-723
| -0.5% | -$4.91K |
|
2973
CALL
NVIDIA
NVDA
$5.13T
| $1.09M | ﹤0.01% |
22,000
| – | – |
|
2974
Amplify Travel Tech ETF
AWAY
$26.9M
| $1.09M | ﹤0.01% |
55,950
-3,602
| -6% | -$62K |
|
2975
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$640M
| $1.09M | ﹤0.01% |
95,454
-6,081
| -6% | -$64.6K |
|
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.