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 | |
|---|---|---|---|---|---|---|
3376
WisdomTree Europe Quality Dividend Growth Fund
EUDG
$69.6M
| $571K | ﹤0.01% |
19,976
+104
| +0.5% | +$3.13K |
|
|
ETWO
3377
DELISTED
E2open Parent Holdings
ETWO
| $571K | ﹤0.01% |
125,671
| – | – |
|
3378
Innovator US Equity Ultra Buffer ETF July
UJUL
$294M
| $570K | ﹤0.01% |
+20,197
| New | +$583K |
|
3379
Acquirers Small and Micro Deep Value ETF
DEEP
$28.2M
| $570K | ﹤0.01% |
17,242
+4,565
| +36% | +$155K |
|
|
LOMA
3380
Loma Negra
LOMA
$1.33B
| $570K | ﹤0.01% |
+94,479
| New | +$608K |
|
3381
First Hawaiian
FHB
$3.41B
| $568K | ﹤0.01% |
31,496
+7,972
| +34% | +$154K |
|
|
TEAF
3382
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $566K | ﹤0.01% |
47,246
+97
| +0.2% | +$1.22K |
|
3383
Barron's 400 ETF
BFOR
$236M
| $566K | ﹤0.01% |
40,184
-1,576
| -4% | -$22.9K |
|
3384
Commault Systems
CVLT
$5.18B
| $565K | ﹤0.01% |
8,355
-31
| -0.4% | -$2.2K |
|
3385
SSR Mining
SSRM
$5.6B
| $564K | ﹤0.01% |
42,469
+1,525
| +4% | +$22.1K |
|
|
PMO
3386
Franklin Municipal Opportunities Trust
PMO
$279M
| $564K | ﹤0.01% |
61,326
-1,176
| -2% | -$11.7K |
|
3387
MiMedx Group
MDXG
$622M
| $564K | ﹤0.01% |
77,335
+15,125
| +24% | +$113K |
|
3388
Spire
SR
$4.73B
| $563K | ﹤0.01% |
9,958
+372
| +4% | +$22.6K |
|
3389
Sunrun
RUN
$2.49B
| $561K | ﹤0.01% |
44,670
-21,494
| -32% | -$353K |
|
3390
ProShares Short Financials
SEF
$13.1M
| $560K | ﹤0.01% |
10,794
-2,508
| -19% | -$126K |
|
3391
Lyft
LYFT
$6.22B
| $560K | ﹤0.01% |
53,109
+28,149
| +113% | +$314K |
|
|
3392
PUT
iShares Core S&P 500 ETF
IVV
$884B
| $558K | ﹤0.01% |
1,300
-2,900
| -69% | -$1.3M |
|
3393
Valaris
VAL
$5.32B
| $558K | ﹤0.01% |
7,444
+147
| +2% | +$10.8K |
|
3394
Univest Financial
UVSP
$1.23B
| $557K | ﹤0.01% |
32,047
+429
| +1% | +$7.9K |
|
3395
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEMX
$174M
| $557K | ﹤0.01% |
19,210
-387
| -2% | -$11.7K |
|
|
FOVL
3396
DELISTED
iShares Focused Value Factor ETF
FOVL
| $556K | ﹤0.01% |
11,047
+5,207
| +89% | +$278K |
|
3397
MINISO
MNSO
$3.84B
| $556K | ﹤0.01% |
21,459
+8,244
| +62% | +$184K |
|
3398
NBT Bancorp
NBTB
$2.75B
| $555K | ﹤0.01% |
17,505
+3,345
| +24% | +$115K |
|
3399
El Paso Energy Capital Trust I
EP.PRC
$222M
| $553K | ﹤0.01% |
12,185
-2,000
| -14% | -$91.8K |
|
3400
Beam Global
BEEM
$24.2M
| $553K | ﹤0.01% |
+74,876
| New | +$701K |
|
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.