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 | |
|---|---|---|---|---|---|---|
3701
Patterson-UTI
PTEN
$3.98B
| $382K | ﹤0.01% |
27,636
+12,464
| +82% | +$182K |
|
3702
Winmark
WINA
$1.2B
| $382K | ﹤0.01% |
1,025
+160
| +18% | +$58.1K |
|
|
GLQ
3703
Clough Global Equity Fund
GLQ
$152M
| $382K | ﹤0.01% |
69,746
+8,977
| +15% | +$54.1K |
|
3704
Essent Group
ESNT
$6.08B
| $381K | ﹤0.01% |
+8,061
| New | +$400K |
|
|
CTR
3705
DELISTED
ClearBridge MLP and Midstream Total Return Fund Inc.
CTR
| $380K | ﹤0.01% |
11,856
-177
| -1% | -$5.78K |
|
3706
Franklin US Equity Index ETF
USPX
$2B
| $380K | ﹤0.01% |
+10,166
| New | +$396K |
|
3707
Vericel Corp
VCEL
$2.35B
| $380K | ﹤0.01% |
11,342
+2,994
| +36% | +$104K |
|
|
CGC
3708
Canopy Growth
CGC
$387M
| $380K | ﹤0.01% |
48,499
+11,622
| +32% | +$71.1K |
|
3709
LSB Industries
LXU
$783M
| $380K | ﹤0.01% |
37,105
+8,570
| +30% | +$88.8K |
|
3710
Affiliated Managers Group
AMG
$9.69B
| $379K | ﹤0.01% |
2,909
-347
| -11% | -$48.5K |
|
3711
Silicon Motion
SIMO
$8.6B
| $379K | ﹤0.01% |
7,395
+197
| +3% | +$11.2K |
|
3712
iShares MSCI Singapore ETF
EWS
$1.04B
| $379K | ﹤0.01% |
20,644
-142,323
| -87% | -$2.66M |
|
3713
Viavi Solutions
VIAV
$9.12B
| $379K | ﹤0.01% |
41,412
+887
| +2% | +$9.24K |
|
3714
Stewart Information Services
STC
$2.06B
| $378K | ﹤0.01% |
8,637
+1,405
| +19% | +$63.5K |
|
3715
PUT
Viatris
VTRS
$20.4B
| $378K | ﹤0.01% |
+38,300
| New | +$399K |
|
3716
Avantis US Small Cap Equity ETF
AVSC
$3.04B
| $377K | ﹤0.01% |
+8,526
| New | +$397K |
|
3717
Danaos Corp
DAC
$2.58B
| $376K | ﹤0.01% |
5,682
+1,675
| +42% | +$113K |
|
3718
FT Vest US Equity Deep Buffer ETF June
DJUN
$348M
| $376K | ﹤0.01% |
+10,648
| New | +$385K |
|
|
MRCC
3719
DELISTED
Monroe Capital Corp
MRCC
| $376K | ﹤0.01% |
50,470
-2,292
| -4% | -$18.1K |
|
3720
Motley Fool Mid-Cap Growth ETF
TMFM
$115M
| $376K | ﹤0.01% |
15,828
+521
| +3% | +$12.6K |
|
3721
Digi International
DGII
$2.63B
| $375K | ﹤0.01% |
13,890
-29
| -0.2% | -$997 |
|
|
AGR
3722
DELISTED
Avangrid, Inc.
AGR
| $375K | ﹤0.01% |
12,415
-2,667
| -18% | -$94.2K |
|
3723
Shoals Technologies Group
SHLS
$1.47B
| $373K | ﹤0.01% |
20,444
+3,132
| +18% | +$69.7K |
|
3724
J&J Snack Foods
JJSF
$1.43B
| $372K | ﹤0.01% |
2,275
+167
| +8% | +$27.4K |
|
3725
ProShares Inflation Expectations ETF
RINF
$18.3M
| $372K | ﹤0.01% |
10,954
-3,432
| -24% | -$114K |
|
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.