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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$201M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$193M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$148M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$137M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$138M |
| 2 |
SLY
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
|
+$137M |
| 3 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$120M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$70.9M |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$67.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.6% |
| 2 | Financials | 2.98% |
| 3 | Healthcare | 2.91% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3751
Stantec
STN
$8.04B
| $336K | ﹤0.01% |
5,158
-214
| -4% | -$12.9K |
|
|
AVDL
3752
DELISTED
Avadel Pharmaceuticals
AVDL
| $336K | ﹤0.01% |
20,408
+4,958
| +32% | +$64.5K |
|
|
PFO
3753
Flaherty & Crumrine Preferred and Income Opportunity Fund
PFO
$120M
| $335K | ﹤0.01% |
41,809
+9,821
| +31% | +$77.3K |
|
3754
Cellebrite
CLBT
$3.68B
| $335K | ﹤0.01% |
46,485
+3,700
| +9% | +$21.6K |
|
3755
Antero Resources
AR
$11.1B
| $335K | ﹤0.01% |
14,531
+13
| +0.1% | +$289 |
|
|
IAUX
3756
i-80 Gold Corp
IAUX
$1.11B
| $334K | ﹤0.01% |
148,656
+130,000
| +697% | +$306K |
|
3757
J&J Snack Foods
JJSF
$1.43B
| $334K | ﹤0.01% |
2,108
+578
| +38% | +$89.7K |
|
3758
Rogers Corp
ROG
$2.21B
| $333K | ﹤0.01% |
2,056
| – | – |
|
3759
First Commonwealth Financial
FCF
$2.18B
| $333K | ﹤0.01% |
26,302
+1,600
| +6% | +$20.2K |
|
|
3760
CALL
Invesco QQQ Trust
QQQ
$453B
| $332K | ﹤0.01% |
+900
| New | +$303K |
|
|
MZTI
3761
The Marzetti Company
MZTI
$2.93B
| $332K | ﹤0.01% |
1,651
+410
| +33% | +$83.1K |
|
3762
Tyra Biosciences
TYRA
$1.9B
| $332K | ﹤0.01% |
19,500
| – | – |
|
3763
iShares iBonds Dec 2028 Term Treasury ETF
IBTI
$1.88B
| $331K | ﹤0.01% |
+15,065
| New | +$337K |
|
|
FSFG
3764
DELISTED
First Savings Financial Group
FSFG
| $331K | ﹤0.01% |
25,009
-1,736
| -6% | -$23.5K |
|
3765
TriCo Bancshares
TCBK
$1.84B
| $331K | ﹤0.01% |
9,959
+123
| +1% | +$4.38K |
|
3766
Bausch Health
BHC
$2.57B
| $330K | ﹤0.01% |
41,292
+3,398
| +9% | +$25.1K |
|
3767
Franklin FTSE China ETF
FLCH
$288M
| $330K | ﹤0.01% |
18,762
-7,858
| -30% | -$145K |
|
3768
Park National Corp
PRK
$3.76B
| $330K | ﹤0.01% |
3,222
-858
| -21% | -$91.1K |
|
3769
Arcutis Biotherapeutics
ARQT
$3.36B
| $330K | ﹤0.01% |
+34,582
| New | +$384K |
|
|
XWEB
3770
DELISTED
SPDR S&P Internet ETF
XWEB
| $329K | ﹤0.01% |
4,228
+1,170
| +38% | +$83.1K |
|
|
WSR
3771
DELISTED
Whitestone REIT
WSR
| $329K | ﹤0.01% |
33,891
+4,399
| +15% | +$39.6K |
|
|
HUT
3772
Hut 8
HUT
$12.1B
| $329K | ﹤0.01% |
19,920
-345
| -2% | -$3.54K |
|
3773
ProShares MSCI Emerging Markets Dividend Growers ETF
EMDV
$7.31M
| $328K | ﹤0.01% |
7,052
-1,934
| -22% | -$90.5K |
|
3774
iShares JPMorgan EM Corporate Bond ETF
CEMB
$398M
| $328K | ﹤0.01% |
7,563
+1,900
| +34% | +$82.4K |
|
3775
Werner Enterprises
WERN
$2.24B
| $328K | ﹤0.01% |
7,420
-10,459
| -58% | -$470K |
|
Similar funds
LPL Financial's Q2 2023 Portfolio in Review
As of Q2 2023, LPL Financial held 4,765 positions worth $140B, up 8.9% from $128B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.43B of net new capital in Q2 2023, opening 284 new positions and adding to 2,591 existing holdings. Its largest new stake was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, up from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $138M trimmed.
- LPL Financial's largest Q2 2023 buy was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $201M increase.
- LPL Financial's biggest Q2 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $138M.
- LPL Financial fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $137M.
- LPL Financial's ten largest holdings make up 18% of its $140B portfolio in Q2 2023.
- LPL Financial opened 284 new positions and closed 181 in Q2 2023.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $140B.
Based on LPL Financial's 13F filing for Q2 2023, filed 31 Jul 2023.