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 | |
|---|---|---|---|---|---|---|
|
ESEB
4176
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $215K | ﹤0.01% |
13,583
-5,019
| -27% | -$82.3K |
|
4177
Ameris Bancorp
ABCB
$5.85B
| $215K | ﹤0.01% |
+5,592
| New | +$222K |
|
4178
Cinemark Holdings
CNK
$4.24B
| $214K | ﹤0.01% |
11,672
-365
| -3% | -$6.11K |
|
4179
ProShares UltraPro Dow 30
UDOW
$841M
| $214K | ﹤0.01% |
+7,960
| New | +$241K |
|
|
CIO
4180
DELISTED
City Office REIT
CIO
| $214K | ﹤0.01% |
50,340
-21,418
| -30% | -$110K |
|
4181
Anterix
ATEX
$1.81B
| $214K | ﹤0.01% |
6,804
-313
| -4% | -$9.85K |
|
4182
Phinia Inc
PHIN
$2.7B
| $213K | ﹤0.01% |
+7,963
| New | +$221K |
|
|
BDN
4183
Brandywine Realty Trust
BDN
$524M
| $213K | ﹤0.01% |
46,910
+3,199
| +7% | +$15.2K |
|
4184
SkyWater Technology
SKYT
| $213K | ﹤0.01% |
35,320
+944
| +3% | +$7.16K |
|
4185
PUT
Lincoln National
LNC
$8.73B
| $212K | ﹤0.01% |
8,600
-83,800
| -91% | -$2.19M |
|
4186
Mesa Laboratories
MLAB
$564M
| $211K | ﹤0.01% |
2,012
+235
| +13% | +$30.1K |
|
4187
WSFS Financial
WSFS
$4.12B
| $211K | ﹤0.01% |
+5,778
| New | +$230K |
|
4188
Protolabs
PRLB
$1.79B
| $211K | ﹤0.01% |
7,981
-178
| -2% | -$5.37K |
|
|
BTEC
4189
DELISTED
Principal Exchange-Traded Funds Principal Healthcare Innovators ETF
BTEC
| $210K | ﹤0.01% |
6,983
-895
| -11% | -$30.1K |
|
4190
Bain Capital Specialty
BCSF
$806M
| $210K | ﹤0.01% |
13,733
-269
| -2% | -$4.07K |
|
|
INSI
4191
DELISTED
Insight Select Income Fund
INSI
| $210K | ﹤0.01% |
13,978
+13
| +0.1% | +$200 |
|
|
GAMB
4192
DELISTED
Gambling.com
GAMB
| $210K | ﹤0.01% |
16,044
+653
| +4% | +$8.27K |
|
4193
Sensient Technologies
SXT
$5.26B
| $210K | ﹤0.01% |
3,583
+194
| +6% | +$12.2K |
|
|
ORC
4194
Orchid Island Capital
ORC
$1.3B
| $210K | ﹤0.01% |
24,621
+336
| +1% | +$3.3K |
|
4195
Enova International
ENVA
$6.33B
| $209K | ﹤0.01% |
4,115
-413
| -9% | -$21.5K |
|
4196
Costamare
CMRE
$1.88B
| $209K | ﹤0.01% |
21,744
+3,201
| +17% | +$32.6K |
|
|
NXG
4197
NXG NextGen Infrastructure Income Fund
NXG
$327M
| $209K | ﹤0.01% |
5,566
| – | – |
|
4198
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $209K | ﹤0.01% |
+5,342
| New | +$226K |
|
4199
Manitowoc
MTW
$497M
| $209K | ﹤0.01% |
13,866
+1,189
| +9% | +$19.9K |
|
4200
Champion Homes
SKY
$4.37B
| $209K | ﹤0.01% |
+3,273
| New | +$220K |
|
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.