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 | |
|---|---|---|---|---|---|---|
|
GTY
3526
Getty Realty Corp
GTY
$2.13B
| $595K | ﹤0.01% |
20,347
+10,275
| +102% | +$291K |
|
3527
Mayville Engineering Co
MEC
$661M
| $593K | ﹤0.01% |
41,100
-25,415
| -38% | -$315K |
|
|
JHS
3528
John Hancock Income Securities Trust
JHS
$127M
| $593K | ﹤0.01% |
54,468
-2,282
| -4% | -$23.6K |
|
3529
SSR Mining
SSRM
$5.42B
| $593K | ﹤0.01% |
55,069
+12,600
| +30% | +$153K |
|
3530
Principal Exchange-Traded Funds Principal Value ETF
PY
$236M
| $592K | ﹤0.01% |
13,659
-2,164
| -14% | -$86.9K |
|
3531
Beam Therapeutics
BEAM
$2.66B
| $592K | ﹤0.01% |
21,764
+5,576
| +34% | +$139K |
|
|
PAI
3532
Western Asset Investment Grade Income Fund
PAI
$113M
| $591K | ﹤0.01% |
49,063
+21,435
| +78% | +$244K |
|
3533
Rogers Communications
RCI
$18.4B
| $590K | ﹤0.01% |
12,614
+427
| +4% | +$17.8K |
|
|
IAUX
3534
i-80 Gold Corp
IAUX
$1.11B
| $589K | ﹤0.01% |
334,596
-11,000
| -3% | -$16.9K |
|
3535
908 Devices
MASS
$333M
| $589K | ﹤0.01% |
52,456
+9,348
| +22% | +$63.9K |
|
3536
Safety Insurance
SAFT
$1.52B
| $588K | ﹤0.01% |
7,738
+1,129
| +17% | +$85.2K |
|
3537
Flowserve
FLS
$9.79B
| $588K | ﹤0.01% |
14,260
+2,580
| +22% | +$99.1K |
|
3538
Duolingo
DUOL
$6.4B
| $587K | ﹤0.01% |
+2,589
| New | +$503K |
|
3539
Park Hotels & Resorts
PK
$3.07B
| $587K | ﹤0.01% |
38,365
-1,303
| -3% | -$18K |
|
3540
Westamerica Bancorp
WABC
$1.38B
| $587K | ﹤0.01% |
10,403
+406
| +4% | +$20.1K |
|
3541
Nordic American Tanker
NAT
$1.36B
| $586K | ﹤0.01% |
139,426
+30,210
| +28% | +$128K |
|
3542
GraniteShares Nasdaq Select Disruptors ETF
DRUP
$48.6M
| $586K | ﹤0.01% |
12,758
-131
| -1% | -$5.42K |
|
3543
PJT Partners
PJT
$4.3B
| $585K | ﹤0.01% |
5,745
+373
| +7% | +$32.1K |
|
3544
Arrowhead Research
ARWR
$11.9B
| $585K | ﹤0.01% |
19,119
+240
| +1% | +$6.37K |
|
|
GLBZ
3545
DELISTED
Glen Burnie Bancorp
GLBZ
| $585K | ﹤0.01% |
97,500
+27,450
| +39% | +$156K |
|
3546
Acquirers Small and Micro Deep Value ETF
DEEP
$27.6M
| $584K | ﹤0.01% |
16,089
-1,153
| -7% | -$38.2K |
|
|
SELF
3547
Global Self Storage
SELF
$57.9M
| $584K | ﹤0.01% |
125,984
-7,700
| -6% | -$35.8K |
|
3548
Rocket Lab Corp
RKLB
$42.3B
| $584K | ﹤0.01% |
105,520
+2,946
| +3% | +$13.3K |
|
|
PTN
3549
Palatin Technologies
PTN
$14.1M
| $583K | ﹤0.01% |
+2,928
| New | +$324K |
|
3550
Stewart Information Services
STC
$2.11B
| $582K | ﹤0.01% |
9,914
+1,277
| +15% | +$60.6K |
|
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.