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 | |
|---|---|---|---|---|---|---|
4226
Dimensional US Core Equity 1 ETF
DCOR
$3.33B
| $250K | ﹤0.01% |
+4,679
| New | +$232K |
|
|
TE
4227
T1 Energy
TE
$1.16B
| $250K | ﹤0.01% |
133,759
+44,774
| +50% | +$121K |
|
4228
Franklin FTSE Asia ex Japan ETF
FLAX
$55.7M
| $250K | ﹤0.01% |
+11,721
| New | +$241K |
|
4229
iRhythm Holdings
IRTC
$3.85B
| $250K | ﹤0.01% |
+2,336
| New | +$204K |
|
4230
Verrica Pharmaceuticals
VRCA
$89.7M
| $250K | ﹤0.01% |
3,414
-199
| -6% | -$8.18K |
|
|
PMX
4231
DELISTED
PIMCO Municipal Income Fund III
PMX
| $249K | ﹤0.01% |
33,747
-18,274
| -35% | -$127K |
|
4232
Allegiant Air
ALGT
$2.64B
| $249K | ﹤0.01% |
+3,019
| New | +$218K |
|
4233
TripAdvisor
TRIP
$1.65B
| $249K | ﹤0.01% |
11,562
-1,551
| -12% | -$27.2K |
|
|
BTEC
4234
DELISTED
Principal Exchange-Traded Funds Principal Healthcare Innovators ETF
BTEC
| $249K | ﹤0.01% |
6,841
-142
| -2% | -$4.24K |
|
4235
Fiverr
FVRR
$321M
| $249K | ﹤0.01% |
9,131
+841
| +10% | +$20.8K |
|
4236
TCW Transform 500 ETF
VOTE
$1.1B
| $248K | ﹤0.01% |
4,465
-546
| -11% | -$28.4K |
|
4237
Scorpio Tankers
STNG
$3.9B
| $248K | ﹤0.01% |
+4,071
| New | +$229K |
|
4238
Warrior Met Coal
HCC
$4.19B
| $247K | ﹤0.01% |
4,056
-7,543
| -65% | -$398K |
|
4239
Enterprise Financial Services Corp
EFSC
$2.4B
| $247K | ﹤0.01% |
5,526
+33
| +0.6% | +$1.29K |
|
4240
Concentrix
CNXC
$1.5B
| $246K | ﹤0.01% |
+2,506
| New | +$218K |
|
4241
Origin Bancorp
OBK
$1.69B
| $246K | ﹤0.01% |
+6,916
| New | +$219K |
|
4242
Mesa Laboratories
MLAB
$564M
| $246K | ﹤0.01% |
2,344
+332
| +17% | +$32.4K |
|
4243
Invesco California Value Municipal Income Trust
VCV
$518M
| $245K | ﹤0.01% |
25,024
-10,000
| -29% | -$89.3K |
|
|
GAMB
4244
DELISTED
Gambling.com
GAMB
| $245K | ﹤0.01% |
25,084
+9,040
| +56% | +$105K |
|
4245
FT Vest US Equity Enhance & Moderate Buffer ETF September
XSEP
$135M
| $245K | ﹤0.01% |
+6,813
| New | +$237K |
|
4246
NextDecade
NEXT
$1.79B
| $244K | ﹤0.01% |
51,237
+23,232
| +83% | +$108K |
|
|
ZYXI
4247
DELISTED
Zynex
ZYXI
| $244K | ﹤0.01% |
22,395
| – | – |
|
|
MSB
4248
Mesabi Trust
MSB
$289M
| $243K | ﹤0.01% |
11,881
-1,411
| -11% | -$27.9K |
|
4249
Helios Technologies
HLIO
$2.57B
| $242K | ﹤0.01% |
5,341
+1,302
| +32% | +$60.2K |
|
4250
Allogene Therapeutics
ALLO
$649M
| $242K | ﹤0.01% |
75,420
+37,413
| +98% | +$106K |
|
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.