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 | |
|---|---|---|---|---|---|---|
3826
Dorman Products
DORM
$3.98B
| $406K | ﹤0.01% |
4,871
-440
| -8% | -$32.9K |
|
3827
Cousins Properties
CUZ
$5.19B
| $406K | ﹤0.01% |
16,659
+1,599
| +11% | +$32.8K |
|
|
JPXN
3828
iShares JPX-Nikkei 400 ETF
JPXN
$134M
| $405K | ﹤0.01% |
5,961
-11,967
| -67% | -$776K |
|
3829
Personalis
PSNL
$1.35B
| $405K | ﹤0.01% |
192,953
-1,186
| -0.6% | -$1.53K |
|
3830
The Greenbrier Companies
GBX
$1.52B
| $405K | ﹤0.01% |
+9,168
| New | +$359K |
|
3831
RLJ Lodging Trust
RLJ
$1.86B
| $405K | ﹤0.01% |
34,561
+358
| +1% | +$3.72K |
|
|
RMMZ
3832
RiverNorth Managed Duration Municipal Income Fund II
RMMZ
$125M
| $405K | ﹤0.01% |
25,880
+12,386
| +92% | +$179K |
|
3833
Franklin Disruptive Commerce ETF
BUYZ
$5.25M
| $405K | ﹤0.01% |
14,055
+2,096
| +18% | +$54.8K |
|
|
EGLE
3834
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $404K | ﹤0.01% |
7,298
+345
| +5% | +$15.6K |
|
|
AIOT
3835
PowerFleet Inc
AIOT
$526M
| $404K | ﹤0.01% |
118,109
+100,155
| +558% | +$224K |
|
3836
Motley Fool Mid-Cap Growth ETF
TMFM
$115M
| $404K | ﹤0.01% |
15,954
+126
| +0.8% | +$3.01K |
|
3837
CareDx
CDNA
$2.26B
| $403K | ﹤0.01% |
33,608
-1,645
| -5% | -$13.5K |
|
3838
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$601M
| $403K | ﹤0.01% |
40,629
+5,695
| +16% | +$55.5K |
|
|
JOYY
3839
JOYY Inc
JOYY
$3.71B
| $402K | ﹤0.01% |
10,137
-413
| -4% | -$16.4K |
|
|
ACH
3840
Accendra Health
ACH
$237M
| $402K | ﹤0.01% |
20,863
+2,905
| +16% | +$52.6K |
|
3841
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$493M
| $401K | ﹤0.01% |
14,307
-5,286
| -27% | -$151K |
|
3842
Ivanhoe Electric
IE
$1.45B
| $400K | ﹤0.01% |
+39,700
| New | +$420K |
|
3843
Exchange Listed Funds Trust ETC Cabana Target Drawdown 10 ETF
TDSC
$101M
| $400K | ﹤0.01% |
17,182
-500
| -3% | -$11.1K |
|
3844
Pilgrim's Pride
PPC
$6.51B
| $400K | ﹤0.01% |
14,453
+1,248
| +9% | +$31.8K |
|
3845
Genworth Financial
GNW
$3.76B
| $399K | ﹤0.01% |
59,785
+1,960
| +3% | +$11.9K |
|
3846
Navient
NAVI
$789M
| $399K | ﹤0.01% |
21,441
+8
| +0% | +$140 |
|
3847
Fluence Energy
FLNC
$1.85B
| $399K | ﹤0.01% |
16,721
-89
| -0.5% | -$1.87K |
|
|
EXK
3848
Endeavour Silver
EXK
$2.23B
| $397K | ﹤0.01% |
201,635
-220,297
| -52% | -$479K |
|
|
FL
3849
DELISTED
Foot Locker
FL
| $397K | ﹤0.01% |
12,750
+1,399
| +12% | +$33.8K |
|
3850
Amneal Pharmaceuticals
AMRX
$5.85B
| $397K | ﹤0.01% |
65,421
+1,201
| +2% | +$5.35K |
|
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.