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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$201M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$193M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$148M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$137M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$138M |
| 2 |
SLY
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
|
+$137M |
| 3 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$120M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$70.9M |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$67.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.6% |
| 2 | Financials | 2.98% |
| 3 | Healthcare | 2.91% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4251
Garrett Motion
GTX
$5.78B
| $145K | ﹤0.01% |
19,100
+2,992
| +19% | +$24K |
|
4252
GoodRx Holdings
GDRX
$1.07B
| $144K | ﹤0.01% |
26,173
-1,275
| -5% | -$6.86K |
|
|
DM
4253
DELISTED
Desktop Metal, Inc.
DM
| $144K | ﹤0.01% |
8,132
-687
| -8% | -$13.8K |
|
|
CGC
4254
Canopy Growth
CGC
$388M
| $143K | ﹤0.01% |
36,877
-4,337
| -11% | -$45.5K |
|
|
MPV
4255
Barings Participation Investors
MPV
$174M
| $143K | ﹤0.01% |
+11,049
| New | +$139K |
|
|
WW
4256
DELISTED
WW International
WW
| $142K | ﹤0.01% |
+21,187
| New | +$150K |
|
4257
Newmark Group
NMRK
$2.68B
| $142K | ﹤0.01% |
22,795
-147
| -0.6% | -$906 |
|
|
DNB
4258
DELISTED
Dun & Bradstreet
DNB
| $140K | ﹤0.01% |
12,135
+391
| +3% | +$4.25K |
|
4259
HighPeak Energy
HPK
$838M
| $140K | ﹤0.01% |
12,887
+1,615
| +14% | +$27.2K |
|
|
SOL
4260
DELISTED
Emeren Group
SOL
| $140K | ﹤0.01% |
36,819
-800
| -2% | -$3.1K |
|
|
BIG
4261
DELISTED
Big Lots, Inc.
BIG
| $139K | ﹤0.01% |
15,729
-1,898
| -11% | -$16.1K |
|
|
BGFV
4262
DELISTED
Big 5 Sporting Goods
BGFV
| $139K | ﹤0.01% |
15,130
-6,252
| -29% | -$49.9K |
|
|
PCM
4263
PCM Fund
PCM
$68.9M
| $138K | ﹤0.01% |
14,345
-297
| -2% | -$2.77K |
|
4264
Century Aluminum
CENX
$4.44B
| $138K | ﹤0.01% |
15,833
+1,500
| +10% | +$13K |
|
|
PCK
4265
DELISTED
Pimco California Municipal Income Fund II
PCK
| $138K | ﹤0.01% |
23,125
+12,052
| +109% | +$72.7K |
|
4266
Graham Corp
GHM
$1.1B
| $135K | ﹤0.01% |
10,200
-1,650
| -14% | -$20.8K |
|
|
INN
4267
Summit Hotel Properties
INN
$748M
| $135K | ﹤0.01% |
20,795
+3,002
| +17% | +$19.9K |
|
4268
Ambev
ABEV
$48.2B
| $134K | ﹤0.01% |
42,202
+3,464
| +9% | +$10.2K |
|
|
CEV
4269
Eaton Vance California Municipal Income Trust
CEV
$70.8M
| $131K | ﹤0.01% |
13,100
+2,267
| +21% | +$22.7K |
|
4270
Opendoor
OPEN
$3.69B
| $131K | ﹤0.01% |
33,612
+5,661
| +20% | +$12.3K |
|
4271
Payoneer
PAYO
$2.42B
| $130K | ﹤0.01% |
27,010
+1,670
| +7% | +$8.35K |
|
|
JEQ
4272
DELISTED
abrdn Japan Equity Fund
JEQ
| $130K | ﹤0.01% |
+21,400
| New | +$122K |
|
4273
Sensus Healthcare
SRTS
$47.6M
| $129K | ﹤0.01% |
41,074
-3,684
| -8% | -$13.3K |
|
4274
MannKind Corp
MNKD
$1.27B
| $127K | ﹤0.01% |
31,184
-1,790
| -5% | -$7.46K |
|
|
NKLA
4275
DELISTED
Nikola Corporation Common Stock
NKLA
| $127K | ﹤0.01% |
3,063
+389
| +15% | +$10.7K |
|
Similar funds
LPL Financial's Q2 2023 Portfolio in Review
As of Q2 2023, LPL Financial held 4,765 positions worth $140B, up 8.9% from $128B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.43B of net new capital in Q2 2023, opening 284 new positions and adding to 2,591 existing holdings. Its largest new stake was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, up from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $138M trimmed.
- LPL Financial's largest Q2 2023 buy was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $201M increase.
- LPL Financial's biggest Q2 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $138M.
- LPL Financial fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $137M.
- LPL Financial's ten largest holdings make up 18% of its $140B portfolio in Q2 2023.
- LPL Financial opened 284 new positions and closed 181 in Q2 2023.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $140B.
Based on LPL Financial's 13F filing for Q2 2023, filed 31 Jul 2023.