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 | |
|---|---|---|---|---|---|---|
3476
iShares JPMorgan EM Corporate Bond ETF
CEMB
$404M
| $507K | ﹤0.01% |
11,977
+4,414
| +58% | +$189K |
|
|
HDRO
3477
DELISTED
Defiance Next Gen H2 ETF
HDRO
| $506K | ﹤0.01% |
9,552
+189
| +2% | +$12K |
|
|
OCCI
3478
OFS Credit Co
OCCI
$73.7M
| $506K | ﹤0.01% |
+71,319
| New | +$564K |
|
3479
Cohu
COHU
$2.3B
| $503K | ﹤0.01% |
14,618
-4,492
| -24% | -$169K |
|
3480
NewtekOne
NEWT
$431M
| $503K | ﹤0.01% |
34,096
-2,004
| -6% | -$34.3K |
|
3481
Insperity
NSP
$2.05B
| $502K | ﹤0.01% |
5,147
-654
| -11% | -$68.4K |
|
3482
Evercore
EVR
$12.3B
| $502K | ﹤0.01% |
3,639
+220
| +6% | +$29.9K |
|
3483
Civeo
CVEO
$339M
| $501K | ﹤0.01% |
24,168
| – | – |
|
3484
GraniteShares Nasdaq Select Disruptors ETF
DRUP
$49.8M
| $500K | ﹤0.01% |
12,889
+1,300
| +11% | +$52.2K |
|
3485
Televisa
TV
$1.48B
| $497K | ﹤0.01% |
163,048
+34,840
| +27% | +$153K |
|
3486
Excelerate Energy
EE
$1.24B
| $497K | ﹤0.01% |
29,174
-2,274
| -7% | -$44.4K |
|
3487
Atkore
ATKR
$3.16B
| $496K | ﹤0.01% |
3,328
+239
| +8% | +$36.1K |
|
|
QVMM
3488
Invesco QQQ Trust Series 1
QVMM
$433M
| $496K | ﹤0.01% |
+21,494
| New | +$520K |
|
3489
U-Haul Holding Co
UHAL
$14B
| $495K | ﹤0.01% |
+9,073
| New | +$527K |
|
3490
Franklin FTSE Australia ETF
FLAU
$177M
| $495K | ﹤0.01% |
19,554
-500
| -2% | -$13.1K |
|
|
BBSA
3491
DELISTED
JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF
BBSA
| $495K | ﹤0.01% |
10,592
-2,195
| -17% | -$103K |
|
3492
AMC Entertainment Holdings
AMC
$2.54B
| $494K | ﹤0.01% |
61,885
+31,854
| +106% | +$944K |
|
|
EEMD
3493
DELISTED
AAM S&P Emerging Markets High Dividend Value ETF
EEMD
| $494K | ﹤0.01% |
+27,312
| New | +$502K |
|
3494
Arteris
AIP
$1.39B
| $494K | ﹤0.01% |
75,820
+61,420
| +427% | +$422K |
|
|
ABCM
3495
DELISTED
Abcam PLC
ABCM
| $494K | ﹤0.01% |
21,811
-13,158
| -38% | -$303K |
|
|
ABXB
3496
Abacus Flexible Bond Leaders ETF
ABXB
$1.91M
| $494K | ﹤0.01% |
+24,485
| New | +$504K |
|
3497
iShares Asia 50 ETF
AIA
$4.69B
| $493K | ﹤0.01% |
8,898
+225
| +3% | +$13.2K |
|
|
PDCO
3498
DELISTED
Patterson Companies, Inc.
PDCO
| $493K | ﹤0.01% |
16,630
+1,951
| +13% | +$61.9K |
|
|
EVG
3499
Eaton Vance Short Duration Diversified Income Fund
EVG
$142M
| $493K | ﹤0.01% |
47,500
-1,777
| -4% | -$17.9K |
|
3500
NorthWestern Energy
NWE
$4.24B
| $492K | ﹤0.01% |
10,241
+542
| +6% | +$28.9K |
|
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.