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 | |
|---|---|---|---|---|---|---|
3551
Fox Class A
FOXA
$24.5B
| $582K | ﹤0.01% |
19,601
+4,676
| +31% | +$141K |
|
|
HEQ
3552
John Hancock Hedged Equity & Income Fund
HEQ
$137M
| $579K | ﹤0.01% |
57,646
+25,028
| +77% | +$242K |
|
3553
Arteris
AIP
$1.38B
| $578K | ﹤0.01% |
98,053
+22,233
| +29% | +$125K |
|
3554
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF
SIXO
$123M
| $577K | ﹤0.01% |
20,000
-115
| -0.6% | -$3.21K |
|
3555
Royalty Pharma
RPRX
$25.9B
| $577K | ﹤0.01% |
20,524
+5,241
| +34% | +$144K |
|
3556
Nuveen Municipal Income
NMI
$131M
| $576K | ﹤0.01% |
62,657
-6,335
| -9% | -$55.5K |
|
3557
Fulgent Genetics
FLGT
$470M
| $575K | ﹤0.01% |
19,901
-2,725
| -12% | -$72.9K |
|
3558
Banco Bilbao Vizcaya Argentaria
BBVA
$154B
| $575K | ﹤0.01% |
63,079
+38,578
| +157% | +$332K |
|
3559
Fidelity Enhanced International ETF
FENI
$10.9B
| $574K | ﹤0.01% |
+21,671
| New | +$555K |
|
|
3560
PUT
iShares Core S&P 500 ETF
IVV
$872B
| $573K | ﹤0.01% |
1,200
-100
| -8% | -$44.8K |
|
3561
Sprout Social
SPT
$516M
| $573K | ﹤0.01% |
9,325
+2,845
| +44% | +$150K |
|
3562
Hecla Mining
HL
$9.47B
| $571K | ﹤0.01% |
118,705
+12,924
| +12% | +$57.1K |
|
3563
Delek US
DK
$4.16B
| $571K | ﹤0.01% |
22,124
-2,949
| -12% | -$77.9K |
|
3564
El Paso Energy Capital Trust I
EP.PRC
$225M
| $570K | ﹤0.01% |
12,110
-75
| -0.6% | -$3.44K |
|
3565
PUT
Generac Holdings
GNRC
$11.6B
| $569K | ﹤0.01% |
+4,400
| New | +$483K |
|
3566
Epsilon Energy
EPSN
$169M
| $568K | ﹤0.01% |
111,830
-64,650
| -37% | -$345K |
|
3567
Greif
GEF
$4.92B
| $566K | ﹤0.01% |
8,632
+883
| +11% | +$58.2K |
|
3568
State Street SPDR S&P Kensho Smart Mobility ETF
HAIL
$18.9M
| $566K | ﹤0.01% |
17,974
+1,133
| +7% | +$32.6K |
|
|
SPPP
3569
Sprott Physical Platinum and Palladium Trust
SPPP
$585M
| $566K | ﹤0.01% |
56,052
+8,497
| +18% | +$85.4K |
|
3570
Vishay Intertechnology
VSH
$5.25B
| $565K | ﹤0.01% |
23,577
-2,048
| -8% | -$47.5K |
|
3571
CNB Financial Corp
CCNE
$1.04B
| $565K | ﹤0.01% |
24,993
-9,103
| -27% | -$182K |
|
3572
Constellium
CSTM
$3.76B
| $564K | ﹤0.01% |
28,243
+5,800
| +26% | +$102K |
|
3573
ClearShares Ultra-Short Maturity ETF
OPER
$110M
| $563K | ﹤0.01% |
5,630
-46,173
| -89% | -$4.63M |
|
3574
OppFi
OPFI
$800M
| $563K | ﹤0.01% |
+109,975
| New | +$350K |
|
3575
Vanguard Total World Bond ETF
BNDW
$1.88B
| $562K | ﹤0.01% |
8,118
-620
| -7% | -$41.7K |
|
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.