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 | |
|---|---|---|---|---|---|---|
4026
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.54B
| $324K | ﹤0.01% |
13,531
-4,084
| -23% | -$101K |
|
4027
Digital Turbine
APPS
$975M
| $323K | ﹤0.01% |
47,095
-12,768
| -21% | -$71.3K |
|
4028
PUT
Tesla
TSLA
$1.23T
| $323K | ﹤0.01% |
+1,300
| New | +$309K |
|
|
MRCC
4029
DELISTED
Monroe Capital Corp
MRCC
| $323K | ﹤0.01% |
45,711
-4,759
| -9% | -$33.7K |
|
4030
Global X ClimateTech ETF
CTEC
$23.6M
| $322K | ﹤0.01% |
5,957
-431
| -7% | -$21.3K |
|
4031
Norwood Financial Corp
NWFL
$370M
| $322K | ﹤0.01% |
9,784
+509
| +5% | +$14.3K |
|
4032
Douglas Emmett
DEI
$1.98B
| $322K | ﹤0.01% |
22,184
-6,123
| -22% | -$77.7K |
|
4033
IMAX
IMAX
$2.62B
| $321K | ﹤0.01% |
+21,403
| New | +$366K |
|
4034
EA Bridgeway Omni Small-Cap Value ETF
BSVO
$2.42B
| $321K | ﹤0.01% |
15,283
+907
| +6% | +$17.1K |
|
4035
Xencor
XNCR
$1.5B
| $321K | ﹤0.01% |
15,125
+655
| +5% | +$12.5K |
|
4036
LSI Industries
LYTS
$859M
| $321K | ﹤0.01% |
22,799
-7,796
| -25% | -$110K |
|
|
HONE
4037
DELISTED
HarborOne Bancorp
HONE
| $321K | ﹤0.01% |
26,792
+173
| +0.6% | +$1.85K |
|
4038
FormFactor
FORM
$8.28B
| $321K | ﹤0.01% |
7,690
+700
| +10% | +$25.6K |
|
4039
Reynolds Consumer Products
REYN
$5.26B
| $320K | ﹤0.01% |
11,941
-4,357
| -27% | -$114K |
|
|
DQ
4040
Daqo New Energy
DQ
$823M
| $320K | ﹤0.01% |
12,041
+691
| +6% | +$17.6K |
|
4041
Global X FTSE Southeast Asia ETF
ASEA
$98.8M
| $320K | ﹤0.01% |
21,225
-13,830
| -39% | -$201K |
|
4042
Atomera
ATOM
$200M
| $319K | ﹤0.01% |
45,557
+846
| +2% | +$5.61K |
|
4043
VOC Energy
VOC
$50.7M
| $319K | ﹤0.01% |
+44,301
| New | +$371K |
|
4044
BioLife Solutions
BLFS
$1.53B
| $318K | ﹤0.01% |
19,567
-18,010
| -48% | -$230K |
|
4045
Vaalco Energy
EGY
$570M
| $318K | ﹤0.01% |
70,756
-6,404
| -8% | -$28.2K |
|
|
VISN
4046
Vistance Networks Inc
VISN
$2.65B
| $317K | ﹤0.01% |
112,502
+94,969
| +542% | +$205K |
|
|
IMGN
4047
DELISTED
Immunogen Inc
IMGN
| $316K | ﹤0.01% |
10,666
-5,381
| -34% | -$107K |
|
|
PSTL
4048
Postal Realty Trust
PSTL
$694M
| $316K | ﹤0.01% |
21,705
+10,905
| +101% | +$152K |
|
|
STER
4049
DELISTED
Sterling Check Corp. Common Stock
STER
| $316K | ﹤0.01% |
22,701
+196
| +0.9% | +$2.46K |
|
4050
Rhythm Pharmaceuticals
RYTM
$6.81B
| $315K | ﹤0.01% |
+6,857
| New | +$216K |
|
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.