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 | |
|---|---|---|---|---|---|---|
|
JWN
3251
DELISTED
Nordstrom
JWN
| $670K | ﹤0.01% |
44,844
-16,390
| -27% | -$301K |
|
|
DMO
3252
Western Asset Mortgage Opportunity Fund
DMO
$119M
| $669K | ﹤0.01% |
62,494
+9,964
| +19% | +$109K |
|
3253
Fastly Inc
FSLY
$3.6B
| $669K | ﹤0.01% |
34,902
+192
| +0.6% | +$3.75K |
|
|
SPMV
3254
DELISTED
Invesco S&P 500 Minimum Variance ETF
SPMV
| $667K | ﹤0.01% |
18,429
+3,219
| +21% | +$122K |
|
3255
New England Realty Associates
NEN
$196M
| $667K | ﹤0.01% |
10,027
+225
| +2% | +$16.1K |
|
3256
iShares Inflation Hedged Corporate Bond ETF
LQDI
$69.7M
| $666K | ﹤0.01% |
27,054
+18,309
| +209% | +$464K |
|
3257
ProPetro Holding
PUMP
$1.37B
| $666K | ﹤0.01% |
62,659
+9,150
| +17% | +$90.8K |
|
|
PARAP
3258
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
| $665K | ﹤0.01% |
37,484
+351
| +0.9% | +$7.43K |
|
|
ULTR
3259
DELISTED
IQ Ultra Short Duration ETF
ULTR
| $665K | ﹤0.01% |
13,917
-3,398
| -20% | -$162K |
|
3260
monday.com
MNDY
$3.76B
| $664K | ﹤0.01% |
4,173
+387
| +10% | +$65K |
|
3261
Bausch Health
BHC
$2.62B
| $663K | ﹤0.01% |
80,715
+39,423
| +95% | +$340K |
|
3262
Middleby
MIDD
$6.14B
| $663K | ﹤0.01% |
5,183
+467
| +10% | +$66.4K |
|
|
GNTY
3263
DELISTED
Guaranty Bancshares
GNTY
| $663K | ﹤0.01% |
23,102
-100
| -0.4% | -$2.95K |
|
|
SQSP
3264
DELISTED
Squarespace, Inc.
SQSP
| $663K | ﹤0.01% |
+22,878
| New | +$702K |
|
3265
Mitek Systems
MITK
$767M
| $663K | ﹤0.01% |
61,804
+5,675
| +10% | +$63.5K |
|
|
UNIT
3266
Uniti Group
UNIT
$2.34B
| $662K | ﹤0.01% |
140,300
+79,723
| +132% | +$408K |
|
3267
Clean Energy Fuels
CLNE
$410M
| $659K | ﹤0.01% |
172,003
+16,595
| +11% | +$73.9K |
|
3268
Vertex
VERX
$2.17B
| $658K | ﹤0.01% |
28,491
+3,532
| +14% | +$72.7K |
|
|
CMBT
3269
CMB.TECH NV
CMBT
$4.72B
| $657K | ﹤0.01% |
+39,999
| New | +$659K |
|
3270
CALL
JPMorgan Chase
JPM
$937B
| $653K | ﹤0.01% |
4,500
| – | – |
|
3271
PUT
NVIDIA
NVDA
$5.01T
| $652K | ﹤0.01% |
15,000
+7,000
| +88% | +$314K |
|
3272
Virtu Financial
VIRT
$5.2B
| $651K | ﹤0.01% |
37,689
-1,243
| -3% | -$22.6K |
|
|
SELF
3273
Global Self Storage
SELF
$58.9M
| $650K | ﹤0.01% |
133,684
-525
| -0.4% | -$2.63K |
|
3274
DigitalBridge
DBRG
$2.93B
| $648K | ﹤0.01% |
36,881
-219
| -0.6% | -$3.62K |
|
|
BCV
3275
Bancroft Fund
BCV
$136M
| $647K | ﹤0.01% |
41,022
-30,201
| -42% | -$510K |
|
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.