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 | |
|---|---|---|---|---|---|---|
3251
WisdomTree International AI Enhanced Value Fund
AIVI
$62.6M
| $805K | ﹤0.01% |
19,879
+85
| +0.4% | +$3.25K |
|
3252
nCino
NCNO
$2.1B
| $804K | ﹤0.01% |
23,919
+234
| +1% | +$6.96K |
|
3253
Algoma Steel
ASTL
$413M
| $804K | ﹤0.01% |
80,190
+4,875
| +6% | +$37.7K |
|
3254
NBT Bancorp
NBTB
$2.75B
| $804K | ﹤0.01% |
19,181
+1,676
| +10% | +$60.6K |
|
3255
Franklin Emerging Market Core Dividend Tilt Index ETF
DIEM
$74.4M
| $802K | ﹤0.01% |
32,347
-4,858
| -13% | -$113K |
|
3256
CALL
iShares Silver Trust
SLV
$28B
| $802K | ﹤0.01% |
+36,800
| New | +$783K |
|
3257
PUT
IBM
IBM
$213B
| $801K | ﹤0.01% |
+4,900
| New | +$740K |
|
3258
Kulicke & Soffa
KLIC
$4.72B
| $800K | ﹤0.01% |
14,625
-247
| -2% | -$12K |
|
3259
Global E Online
GLBE
$6.75B
| $797K | ﹤0.01% |
20,102
+4,305
| +27% | +$155K |
|
3260
iShares MSCI France ETF
EWQ
$338M
| $795K | ﹤0.01% |
20,288
-71,170
| -78% | -$2.6M |
|
3261
PROG Holdings
PRG
$1.82B
| $794K | ﹤0.01% |
25,694
+7,577
| +42% | +$222K |
|
3262
State Street SPDR Bloomberg Emerging Markets USD Bond ETF
EMHC
$284M
| $793K | ﹤0.01% |
32,544
+16,257
| +100% | +$374K |
|
3263
ProShares Short Russell2000
RWM
$132M
| $792K | ﹤0.01% |
37,592
-73,118
| -66% | -$1.76M |
|
3264
Occidental Petroleum Corp Warrants
OXY.WS
$31.5B
| $791K | ﹤0.01% |
20,322
+3,953
| +24% | +$155K |
|
|
UNIT
3265
Uniti Group
UNIT
$2.34B
| $791K | ﹤0.01% |
136,781
-3,519
| -3% | -$17.8K |
|
|
SMAR
3266
DELISTED
Smartsheet Inc.
SMAR
| $790K | ﹤0.01% |
16,512
-2,399
| -13% | -$102K |
|
3267
Autoliv
ALV
$9.07B
| $789K | ﹤0.01% |
7,161
+1,079
| +18% | +$107K |
|
3268
Nuveen Credit Strategies Income Fund
JQC
$707M
| $789K | ﹤0.01% |
151,064
+8,926
| +6% | +$45K |
|
3269
COPT Defense Properties
CDP
$4.26B
| $786K | ﹤0.01% |
30,671
-218
| -0.7% | -$5.28K |
|
3270
Mattel
MAT
$4.32B
| $785K | ﹤0.01% |
41,589
-2,386
| -5% | -$46.4K |
|
3271
Sanmina
SANM
$10.4B
| $785K | ﹤0.01% |
15,273
-751
| -5% | -$38.3K |
|
3272
Nu Holdings
NU
$69.8B
| $784K | ﹤0.01% |
94,176
+56,095
| +147% | +$453K |
|
3273
iShares Global Consumer Discretionary ETF
RXI
$274M
| $784K | ﹤0.01% |
4,931
-559
| -10% | -$83.3K |
|
|
RWT
3274
Redwood Trust
RWT
$580M
| $783K | ﹤0.01% |
105,640
-1,559
| -1% | -$10.9K |
|
3275
Shake Shack
SHAK
$2.61B
| $782K | ﹤0.01% |
10,557
+1,321
| +14% | +$81K |
|
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.