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 | |
|---|---|---|---|---|---|---|
3976
Custom Truck One Source
CTOS
$2.31B
| $281K | ﹤0.01% |
45,285
-2,386
| -5% | -$15.8K |
|
3977
Atomera
ATOM
$200M
| $280K | ﹤0.01% |
44,711
+33,811
| +310% | +$241K |
|
3978
Kaiser Aluminum
KALU
$2.61B
| $280K | ﹤0.01% |
3,716
+481
| +15% | +$36.5K |
|
|
AMWD
3979
DELISTED
American Woodmark
AMWD
| $279K | ﹤0.01% |
3,696
-1,179
| -24% | -$88.6K |
|
3980
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund
FDTS
$12.9M
| $279K | ﹤0.01% |
7,273
-1,107
| -13% | -$43.6K |
|
|
GTY
3981
Getty Realty Corp
GTY
$2.11B
| $279K | ﹤0.01% |
10,072
+2,808
| +39% | +$87.3K |
|
3982
TFS Financial
TFSL
$5.16B
| $279K | ﹤0.01% |
23,604
+1,152
| +5% | +$15.4K |
|
3983
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.11B
| $278K | ﹤0.01% |
10,253
+2,735
| +36% | +$76.7K |
|
3984
Capricor Therapeutics
CAPR
$223M
| $278K | ﹤0.01% |
81,238
+2,802
| +4% | +$15.7K |
|
3985
Peloton Interactive
PTON
$2.77B
| $277K | ﹤0.01% |
54,938
-5,407
| -9% | -$38.5K |
|
3986
Futu Holdings
FUTU
$14.7B
| $277K | ﹤0.01% |
+4,799
| New | +$256K |
|
3987
Seadrill
SDRL
$2.8B
| $277K | ﹤0.01% |
+6,183
| New | +$288K |
|
3988
Sportsman's Warehouse
SPWH
$44.5M
| $277K | ﹤0.01% |
61,665
+13,440
| +28% | +$69.5K |
|
3989
DarioHealth
DRIO
$70.9M
| $277K | ﹤0.01% |
4,220
-395
| -9% | -$26.6K |
|
3990
Clarus
CLAR
$123M
| $277K | ﹤0.01% |
36,579
-58,000
| -61% | -$465K |
|
3991
Nu Holdings
NU
$69.2B
| $276K | ﹤0.01% |
38,081
+17,586
| +86% | +$132K |
|
|
TDSE
3992
DELISTED
Cabana Target Drawdown 16 ETF
TDSE
| $275K | ﹤0.01% |
12,746
| – | – |
|
|
CHS
3993
DELISTED
Chicos FAS, Inc.
CHS
| $275K | ﹤0.01% |
+36,780
| New | +$198K |
|
|
BAND
3994
Bandwidth Inc
BAND
$1.26B
| $274K | ﹤0.01% |
24,351
+8,500
| +54% | +$116K |
|
3995
Madison Square Garden
MSGS
$9.48B
| $274K | ﹤0.01% |
1,553
+49
| +3% | +$9.22K |
|
|
ALEX
3996
DELISTED
Alexander & Baldwin
ALEX
| $274K | ﹤0.01% |
16,356
-24,605
| -60% | -$446K |
|
3997
CALL
Shopify
SHOP
$152B
| $273K | ﹤0.01% |
5,000
| – | – |
|
|
CMU
3998
DELISTED
MFS High Yield Municipal Trust
CMU
| $273K | ﹤0.01% |
87,119
+15,441
| +22% | +$50.4K |
|
3999
CTS Corp
CTS
$1.83B
| $272K | ﹤0.01% |
6,525
+232
| +4% | +$9.99K |
|
4000
CALL
Southwest Gas
SWX
$6.47B
| $272K | ﹤0.01% |
+4,500
| New | +$287K |
|
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.