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 | |
|---|---|---|---|---|---|---|
|
JHI
3776
John Hancock Investors Trust
JHI
$116M
| $435K | ﹤0.01% |
33,631
-239
| -0.7% | -$2.96K |
|
3777
AllianzIM U.S. Equity Buffer20 Nov ETF
NVBW
$95.9M
| $435K | ﹤0.01% |
+15,317
| New | +$425K |
|
3778
Procore
PCOR
$8.26B
| $435K | ﹤0.01% |
6,284
+977
| +18% | +$60.3K |
|
3779
ARK Israel Innovative Technology ETF
IZRL
$138M
| $434K | ﹤0.01% |
22,258
-6,203
| -22% | -$109K |
|
3780
Silicon Motion
SIMO
$8.6B
| $434K | ﹤0.01% |
7,087
-308
| -4% | -$17.6K |
|
|
PEO
3781
Adams Natural Resources Fund
PEO
$739M
| $429K | ﹤0.01% |
21,601
+892
| +4% | +$18.3K |
|
|
PDCO
3782
DELISTED
Patterson Companies, Inc.
PDCO
| $428K | ﹤0.01% |
15,060
-1,570
| -9% | -$46.2K |
|
3783
1st Source
SRCE
$2.16B
| $427K | ﹤0.01% |
+7,774
| New | +$373K |
|
3784
Lemonade
LMND
$3.74B
| $427K | ﹤0.01% |
26,459
-1,573
| -6% | -$23.7K |
|
|
ESHY
3785
DELISTED
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
ESHY
| $427K | ﹤0.01% |
22,907
+4,131
| +22% | +$74.1K |
|
3786
Tidewater
TDW
$3.73B
| $426K | ﹤0.01% |
5,908
-2,194
| -27% | -$142K |
|
3787
Winmark
WINA
$1.2B
| $425K | ﹤0.01% |
1,019
-6
| -0.6% | -$2.52K |
|
3788
Gold Fields
GFI
$29B
| $425K | ﹤0.01% |
29,416
-44
| -0.1% | -$609 |
|
3789
ProShares UltraPro QQQ
TQQQ
$32.1B
| $425K | ﹤0.01% |
16,770
+934
| +6% | +$19.4K |
|
3790
Immunovant
IMVT
$7.93B
| $425K | ﹤0.01% |
10,090
+96
| +1% | +$3.53K |
|
3791
Navitas Semiconductor
NVTS
$2.84B
| $424K | ﹤0.01% |
52,550
+510
| +1% | +$3.42K |
|
3792
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$71.8M
| $424K | ﹤0.01% |
25,736
-134,989
| -84% | -$2.03M |
|
3793
Arcturus Therapeutics
ARCT
$164M
| $424K | ﹤0.01% |
13,441
-570
| -4% | -$13.5K |
|
3794
CNO Financial Group
CNO
$5.14B
| $423K | ﹤0.01% |
15,163
+930
| +7% | +$23.4K |
|
3795
Ramaco Resources Class A
METC
$599M
| $423K | ﹤0.01% |
25,429
+2,154
| +9% | +$29.9K |
|
3796
Liberty Media Series A
FWONA
$22.5B
| $422K | ﹤0.01% |
7,278
+103
| +1% | +$6.05K |
|
3797
Nuveen New York Municipal Value Fund
NNY
$156M
| $421K | ﹤0.01% |
50,799
-1,801
| -3% | -$14.4K |
|
3798
NewtekOne
NEWT
$428M
| $420K | ﹤0.01% |
30,449
-3,647
| -11% | -$51K |
|
3799
SLR Investment Corp
SLRC
$686M
| $420K | ﹤0.01% |
27,932
-977
| -3% | -$14.6K |
|
3800
Dimensional Global Sustainability Fixed Income ETF
DFSB
$716M
| $419K | ﹤0.01% |
+8,068
| New | +$405K |
|
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.