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 | |
|---|---|---|---|---|---|---|
3526
SentinelOne
S
$6.89B
| $477K | ﹤0.01% |
28,277
+5,216
| +23% | +$82.4K |
|
3527
Tandem Diabetes Care
TNDM
$1.38B
| $476K | ﹤0.01% |
22,908
-2,079
| -8% | -$57.1K |
|
|
AYX
3528
DELISTED
Alteryx Inc
AYX
| $476K | ﹤0.01% |
12,626
+3,396
| +37% | +$122K |
|
3529
Genpact
G
$6.01B
| $476K | ﹤0.01% |
13,140
+2,206
| +20% | +$81.9K |
|
3530
Nuveen ESG Large-Cap ETF
NULC
$70.5M
| $476K | ﹤0.01% |
13,504
| – | – |
|
3531
Cactus
WHD
$5.09B
| $475K | ﹤0.01% |
+9,469
| New | +$476K |
|
3532
FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
$30.1M
| $475K | ﹤0.01% |
11,897
-1,100
| -8% | -$46.2K |
|
|
LSXMK
3533
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $474K | ﹤0.01% |
18,619
-16,806
| -47% | -$408K |
|
3534
Patrick Industries
PATK
$2.77B
| $474K | ﹤0.01% |
9,468
+441
| +5% | +$23.8K |
|
3535
Southside Bancshares
SBSI
$974M
| $473K | ﹤0.01% |
16,480
+752
| +5% | +$22.4K |
|
3536
Oxford Industries
OXM
$568M
| $473K | ﹤0.01% |
+4,919
| New | +$499K |
|
|
PINE
3537
Alpine Income Property Trust
PINE
$333M
| $472K | ﹤0.01% |
28,879
+3,734
| +15% | +$62.8K |
|
|
HIBB
3538
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $472K | ﹤0.01% |
9,940
+258
| +3% | +$11K |
|
3539
Iovance Biotherapeutics
IOVA
$1.92B
| $471K | ﹤0.01% |
103,544
+29,108
| +39% | +$190K |
|
3540
Global X Emerging Markets Bond ETF
EMBD
$248M
| $470K | ﹤0.01% |
22,609
+714
| +3% | +$15.4K |
|
3541
Lindsay Corp
LNN
$1.15B
| $469K | ﹤0.01% |
3,987
+1,362
| +52% | +$168K |
|
3542
AdvisorShares Dorsey Wright ADR ETF
AADR
$38M
| $468K | ﹤0.01% |
9,556
-197
| -2% | -$10K |
|
3543
Rogers Communications
RCI
$18.4B
| $468K | ﹤0.01% |
+12,187
| New | +$511K |
|
3544
The GEO Group
GEO
$4.2B
| $467K | ﹤0.01% |
57,124
+22,690
| +66% | +$166K |
|
|
SILV
3545
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $466K | ﹤0.01% |
105,751
-59,063
| -36% | -$300K |
|
3546
Utz Brands
UTZ
$1.25B
| $466K | ﹤0.01% |
34,713
+4,772
| +16% | +$73.6K |
|
3547
Fox Class A
FOXA
$24.7B
| $466K | ﹤0.01% |
14,925
+7,025
| +89% | +$231K |
|
3548
Mitsubishi UFJ Financial
MUFG
$254B
| $466K | ﹤0.01% |
54,833
-3,718
| -6% | -$29.7K |
|
3549
CorVel
CRVL
$3.1B
| $465K | ﹤0.01% |
7,098
+363
| +5% | +$25K |
|
3550
Franklin FTSE Japan Hedged ETF
FLJH
$176M
| $465K | ﹤0.01% |
+14,713
| New | +$457K |
|
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.