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 | |
|---|---|---|---|---|---|---|
3801
Five Star Bancorp
FSBC
$1.14B
| $417K | ﹤0.01% |
+15,939
| New | +$350K |
|
3802
Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
$132M
| $417K | ﹤0.01% |
13,637
+4,584
| +51% | +$136K |
|
3803
CALL
Baidu
BIDU
$37.7B
| $417K | ﹤0.01% |
+3,500
| New | +$404K |
|
|
MTTR
3804
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $416K | ﹤0.01% |
154,681
-12,873
| -8% | -$31K |
|
3805
Lindsay Corp
LNN
$1.13B
| $416K | ﹤0.01% |
3,222
-765
| -19% | -$93.9K |
|
3806
PIMCO Commodity Strategy Active Exchange-Traded Fund
CMDT
$803M
| $415K | ﹤0.01% |
16,155
+5,481
| +51% | +$145K |
|
3807
AB Disruptors ETF
FWD
$2.93B
| $415K | ﹤0.01% |
+6,653
| New | +$373K |
|
3808
Direxion Daily Financial Bull 3x ETF
FAS
$2.44B
| $414K | ﹤0.01% |
5,015
-45
| -0.9% | -$2.95K |
|
3809
Asana
ASAN
$1.92B
| $414K | ﹤0.01% |
21,778
-384
| -2% | -$7.47K |
|
3810
UFP Technologies
UFPT
$1.97B
| $414K | ﹤0.01% |
2,404
+356
| +17% | +$57.7K |
|
|
WTPI
3811
WisdomTree Equity Premium Income Fund
WTPI
$494M
| $414K | ﹤0.01% |
13,047
+316
| +2% | +$9.83K |
|
|
SBDS
3812
DELISTED
Solo Brands Inc
SBDS
| $413K | ﹤0.01% |
1,678
+32
| +2% | +$6.24K |
|
3813
Vontier
VNT
$4.52B
| $412K | ﹤0.01% |
11,928
+1,746
| +17% | +$56.8K |
|
3814
Stantec
STN
$8.04B
| $411K | ﹤0.01% |
5,131
-10
| -0.2% | -$693 |
|
3815
Kemper
KMPR
$1.67B
| $411K | ﹤0.01% |
+8,451
| New | +$370K |
|
|
TCS
3816
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $411K | ﹤0.01% |
12,026
+3,669
| +44% | +$111K |
|
3817
Archer Aviation
ACHR
$3.54B
| $411K | ﹤0.01% |
66,934
+5,541
| +9% | +$31.5K |
|
|
UCTT
3818
Ultra Clean Holdings
UCTT
$3.73B
| $410K | ﹤0.01% |
12,009
+415
| +4% | +$11.5K |
|
|
AZEK
3819
DELISTED
The AZEK Co
AZEK
| $410K | ﹤0.01% |
10,713
+812
| +8% | +$25.3K |
|
3820
Convergence Long/Short Equity ETF
CLSE
$793M
| $410K | ﹤0.01% |
24,016
-447
| -2% | -$7.5K |
|
3821
Viavi Solutions
VIAV
$9.12B
| $409K | ﹤0.01% |
40,612
-800
| -2% | -$6.72K |
|
|
ACLX
3822
DELISTED
Arcellx
ACLX
| $409K | ﹤0.01% |
7,362
+579
| +9% | +$26.1K |
|
3823
MGP Ingredients
MGPI
$379M
| $408K | ﹤0.01% |
+4,146
| New | +$398K |
|
3824
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$221M
| $408K | ﹤0.01% |
30,732
+7,628
| +33% | +$109K |
|
3825
SoundHound AI
SOUN
$2.67B
| $408K | ﹤0.01% |
192,577
+33,705
| +21% | +$66.8K |
|
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.