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 | |
|---|---|---|---|---|---|---|
3776
First Trust Switzerland AlphaDEX Fund
FSZ
$36.8M
| $350K | ﹤0.01% |
6,074
-8,130
| -57% | -$494K |
|
3777
CALL
Tesla
TSLA
$1.23T
| $350K | ﹤0.01% |
+1,400
| New | +$360K |
|
3778
FTAI Aviation
FTAI
$21.1B
| $350K | ﹤0.01% |
9,846
-1,727
| -15% | -$59.3K |
|
|
BSL
3779
Blackstone Senior Floating Rate 2027 Term Fund
BSL
$169M
| $350K | ﹤0.01% |
26,406
+1,530
| +6% | +$20.1K |
|
3780
Dana Inc
DAN
$2.9B
| $350K | ﹤0.01% |
23,841
-1,799
| -7% | -$30K |
|
3781
Global X ClimateTech ETF
CTEC
$23.6M
| $349K | ﹤0.01% |
6,388
+57
| +0.9% | +$3.73K |
|
3782
ABM Industries
ABM
$2.81B
| $349K | ﹤0.01% |
8,724
+2,373
| +37% | +$103K |
|
|
MQT
3783
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $348K | ﹤0.01% |
38,723
-1,747
| -4% | -$17.1K |
|
3784
Vicor
VICR
$9.56B
| $348K | ﹤0.01% |
5,911
+1,558
| +36% | +$103K |
|
|
FYBR
3785
DELISTED
Frontier Communications
FYBR
| $347K | ﹤0.01% |
22,151
-665
| -3% | -$10.8K |
|
3786
Procore
PCOR
$8.26B
| $347K | ﹤0.01% |
+5,307
| New | +$355K |
|
3787
Goldman Sachs ActiveBeta Japan Equity ETF
GSJY
$84.5M
| $346K | ﹤0.01% |
10,335
-935
| -8% | -$31.9K |
|
3788
Covenant Logistics
CVLG
$894M
| $345K | ﹤0.01% |
15,748
+3,492
| +28% | +$84.6K |
|
|
UCTT
3789
Ultra Clean Holdings
UCTT
$3.73B
| $344K | ﹤0.01% |
11,594
-331
| -3% | -$11.2K |
|
3790
FT Vest US Equity Deep Buffer ETF September
DSEP
$351M
| $344K | ﹤0.01% |
+10,102
| New | +$348K |
|
3791
Janus Henderson B-BBB CLO ETF
JBBB
$1.4B
| $344K | ﹤0.01% |
7,239
+1,246
| +21% | +$58.7K |
|
3792
First Commonwealth Financial
FCF
$2.18B
| $344K | ﹤0.01% |
28,153
+1,851
| +7% | +$24.4K |
|
3793
Opendoor
OPEN
$3.64B
| $344K | ﹤0.01% |
134,479
+100,867
| +300% | +$364K |
|
|
DQ
3794
Daqo New Energy
DQ
$823M
| $344K | ﹤0.01% |
11,350
+3,859
| +52% | +$138K |
|
|
FSFG
3795
DELISTED
First Savings Financial Group
FSFG
| $343K | ﹤0.01% |
23,314
-1,695
| -7% | -$26.8K |
|
3796
PVH
PVH
$4B
| $343K | ﹤0.01% |
4,483
-3,252
| -42% | -$269K |
|
3797
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$221M
| $343K | ﹤0.01% |
23,104
-30,999
| -57% | -$445K |
|
3798
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$601M
| $343K | ﹤0.01% |
34,934
-1,427
| -4% | -$14.9K |
|
3799
Amplify International Enhanced Dividend Income ETF
IDVO
$1.35B
| $342K | ﹤0.01% |
+12,750
| New | +$353K |
|
|
JMIA
3800
Jumia Technologies
JMIA
$737M
| $342K | ﹤0.01% |
129,358
+43,793
| +51% | +$151K |
|
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.