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 | |
|---|---|---|---|---|---|---|
3601
Visteon
VC
$2.79B
| $538K | ﹤0.01% |
4,308
+837
| +24% | +$103K |
|
|
SPR
3602
DELISTED
Spirit AeroSystems
SPR
| $537K | ﹤0.01% |
16,899
-546
| -3% | -$13.4K |
|
3603
SITE Centers
SITC
$225M
| $537K | ﹤0.01% |
50,483
+38
| +0.1% | +$379 |
|
3604
Red River Bancshares
RRBI
$662M
| $537K | ﹤0.01% |
9,562
+300
| +3% | +$15.1K |
|
|
TGH
3605
DELISTED
Textainer Group Holdings limited
TGH
| $536K | ﹤0.01% |
10,899
-30,721
| -74% | -$1.41M |
|
3606
Cass Information Systems
CASS
$714M
| $535K | ﹤0.01% |
11,880
+727
| +7% | +$29.4K |
|
3607
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$775M
| $535K | ﹤0.01% |
52,546
+17,433
| +50% | +$163K |
|
3608
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$141M
| $534K | ﹤0.01% |
45,926
-1,040
| -2% | -$11.2K |
|
3609
Federated Hermes
FHI
$4.55B
| $534K | ﹤0.01% |
15,769
+2,510
| +19% | +$81.8K |
|
|
UMH
3610
UMH Properties
UMH
$1.29B
| $533K | ﹤0.01% |
34,781
+324
| +0.9% | +$4.67K |
|
|
MASI
3611
DELISTED
Masimo
MASI
| $532K | ﹤0.01% |
4,543
-1,594
| -26% | -$149K |
|
3612
Popular Inc
BPOP
$11.2B
| $532K | ﹤0.01% |
6,487
-242
| -4% | -$17.1K |
|
3613
Global X Genomics & Biotechnology ETF
GNOM
$79.3M
| $532K | ﹤0.01% |
11,514
+683
| +6% | +$27.8K |
|
3614
RenaissanceRe
RNR
$13.3B
| $532K | ﹤0.01% |
2,715
-1,475
| -35% | -$307K |
|
3615
Roundhill Sports Betting & iGaming ETF
BETZ
$49.7M
| $532K | ﹤0.01% |
30,688
-3,219
| -9% | -$51.3K |
|
3616
Endava
DAVA
$158M
| $532K | ﹤0.01% |
+6,835
| New | +$423K |
|
3617
FlexShares Credit-Scored US Long Corporate Bond Index Fund
LKOR
$30.1M
| $531K | ﹤0.01% |
11,890
-7
| -0.1% | -$287 |
|
|
GES
3618
DELISTED
Guess Inc
GES
| $530K | ﹤0.01% |
+23,004
| New | +$514K |
|
3619
Option Care Health
OPCH
$3.45B
| $530K | ﹤0.01% |
15,737
+3,074
| +24% | +$94.5K |
|
3620
Spectrum Brands
SPB
$2.04B
| $529K | ﹤0.01% |
6,638
+34
| +0.5% | +$2.56K |
|
3621
PUT
Truist Financial
TFC
$63.3B
| $528K | ﹤0.01% |
+14,300
| New | +$449K |
|
3622
Nuveen ESG Large-Cap ETF
NULC
$70.5M
| $528K | ﹤0.01% |
13,549
+45
| +0.3% | +$1.65K |
|
3623
CALL
Oracle
ORCL
$374B
| $527K | ﹤0.01% |
+5,000
| New | +$546K |
|
3624
Invesco BulletShares 2029 High Yield Corporate Bond ETF
BSJT
$561M
| $527K | ﹤0.01% |
24,875
+11,437
| +85% | +$231K |
|
3625
Applovin
APP
$133B
| $527K | ﹤0.01% |
+13,213
| New | +$518K |
|
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.