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 | |
|---|---|---|---|---|---|---|
4076
TCW Transform 500 ETF
VOTE
$1.1B
| $250K | ﹤0.01% |
5,011
+383
| +8% | +$19.8K |
|
|
ARDC
4077
Are Dynamic Credit Allocation Fund
ARDC
$297M
| $250K | ﹤0.01% |
19,373
-440
| -2% | -$5.57K |
|
4078
Uranium Energy
UEC
$4.75B
| $250K | ﹤0.01% |
48,518
+2,359
| +5% | +$9.61K |
|
4079
Carter's
CRI
$1.42B
| $249K | ﹤0.01% |
3,604
+730
| +25% | +$52.2K |
|
|
TMHC
4080
DELISTED
Taylor Morrison
TMHC
| $249K | ﹤0.01% |
5,840
-1,114
| -16% | -$52.4K |
|
4081
Evertec
EVTC
$1.88B
| $249K | ﹤0.01% |
+6,689
| New | +$261K |
|
|
HDSN
4082
Hudson Technologies
HDSN
$254M
| $248K | ﹤0.01% |
18,633
+2,557
| +16% | +$27.6K |
|
4083
Ramaco Resources Class A
METC
$599M
| $247K | ﹤0.01% |
23,275
+1,131
| +5% | +$9.48K |
|
|
FIVA
4084
Fidelity International Value Factor ETF
FIVA
$587M
| $247K | ﹤0.01% |
10,838
+1,488
| +16% | +$34.8K |
|
4085
Tronox
TROX
$932M
| $247K | ﹤0.01% |
18,393
+4,805
| +35% | +$64.2K |
|
4086
CareDx
CDNA
$2.26B
| $247K | ﹤0.01% |
35,253
+180
| +0.5% | +$1.66K |
|
|
SMCP
4087
DELISTED
AlphaMark Actively Managed Small Cap ETF
SMCP
| $246K | ﹤0.01% |
9,809
+1,009
| +11% | +$26.3K |
|
4088
Innovator US Equity Power Buffer ETF March
PMAR
$760M
| $246K | ﹤0.01% |
+7,348
| New | +$249K |
|
4089
IPG Photonics
IPGP
$3.61B
| $246K | ﹤0.01% |
2,418
+542
| +29% | +$61.2K |
|
4090
AdvisorShares Vice ETF
VICE
$7.32M
| $245K | ﹤0.01% |
9,542
-30,043
| -76% | -$837K |
|
4091
MasterBrand
MBC
$1.06B
| $244K | ﹤0.01% |
20,104
+2,488
| +14% | +$30.5K |
|
4092
FormFactor
FORM
$8.28B
| $244K | ﹤0.01% |
6,990
+853
| +14% | +$28.7K |
|
4093
BNY Mellon US Small Cap Core Equity ETF
BKSE
$85.9M
| $244K | ﹤0.01% |
8,997
-5,799
| -39% | -$166K |
|
|
ACLX
4094
DELISTED
Arcellx
ACLX
| $243K | ﹤0.01% |
+6,783
| New | +$234K |
|
|
IMOS
4095
ChipMOS TECHNOLOGIES
IMOS
$1.65B
| $243K | ﹤0.01% |
+10,551
| New | +$245K |
|
4096
Nicolet Bankshares
NIC
$3.6B
| $243K | ﹤0.01% |
+3,485
| New | +$262K |
|
4097
Invesco CurrencyShares Swiss Franc Trust
FXF
$414M
| $243K | ﹤0.01% |
2,500
-6,509
| -72% | -$656K |
|
4098
SP Funds S&P 500 Sharia ETF
SPUS
$2.85B
| $242K | ﹤0.01% |
7,841
+801
| +11% | +$25.7K |
|
4099
Innovator International Developed Power Buffer ETF October
IOCT
$168M
| $242K | ﹤0.01% |
9,210
-300
| -3% | -$7.88K |
|
4100
iShares MSCI Denmark ETF
EDEN
$204M
| $242K | ﹤0.01% |
+2,403
| New | +$253K |
|
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.