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 | |
|---|---|---|---|---|---|---|
4301
Asure Software
ASUR
$232M
| $164K | ﹤0.01% |
17,308
-10
| -0.1% | -$121 |
|
4302
Codexis
CDXS
$151M
| $163K | ﹤0.01% |
86,110
+7,205
| +9% | +$16.8K |
|
4303
PUT
Energy Transfer Partners
ET
$70.1B
| $163K | ﹤0.01% |
+11,600
| New | +$154K |
|
4304
Stellus Capital Investment Corp
SCM
$217M
| $161K | ﹤0.01% |
11,838
+1,218
| +11% | +$17.5K |
|
4305
Dole
DOLE
$1.35B
| $161K | ﹤0.01% |
13,872
+382
| +3% | +$4.77K |
|
|
JHAA
4306
DELISTED
Nuveen Corporate Income 2023 Target Term Fund
JHAA
| $160K | ﹤0.01% |
16,810
+99
| +0.6% | +$934 |
|
4307
CALL
Palantir
PLTR
$295B
| $160K | ﹤0.01% |
10,000
| – | – |
|
4308
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$130M
| $159K | ﹤0.01% |
16,812
-109
| -0.6% | -$1.11K |
|
4309
Empire State Realty Trust
ESRT
$872M
| $159K | ﹤0.01% |
19,787
-753
| -4% | -$6.29K |
|
|
FINV
4310
FinVolution Group
FINV
$1.15B
| $159K | ﹤0.01% |
31,880
| – | – |
|
4311
Sunstone Hotel Investors
SHO
$2.19B
| $158K | ﹤0.01% |
16,899
+1,220
| +8% | +$11.5K |
|
4312
ClearPoint Neuro
CLPT
$448M
| $158K | ﹤0.01% |
31,450
+2,000
| +7% | +$11.9K |
|
4313
NuScale Power
SMR
$2.91B
| $157K | ﹤0.01% |
32,100
+5,369
| +20% | +$35.4K |
|
|
IAE
4314
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$91.8M
| $157K | ﹤0.01% |
27,101
-5,165
| -16% | -$31.1K |
|
|
OPI
4315
DELISTED
Office Properties Income Trust
OPI
| $156K | ﹤0.01% |
37,952
-1,192
| -3% | -$8.27K |
|
4316
Tencent Music
TME
$15.5B
| $155K | ﹤0.01% |
24,369
-844
| -3% | -$5.63K |
|
4317
Humacyte Inc Warrant
HUMAW
$1.55M
| $155K | ﹤0.01% |
262,457
+12,000
| +5% | +$9.37K |
|
4318
Arhaus
ARHS
$1.05B
| $154K | ﹤0.01% |
+16,582
| New | +$174K |
|
4319
NexGen Energy
NXE
$6.06B
| $154K | ﹤0.01% |
25,812
+15,351
| +147% | +$79.4K |
|
4320
Energy Fuels
UUUU
$2.86B
| $154K | ﹤0.01% |
18,743
+2,695
| +17% | +$18.5K |
|
4321
Gates Industrial Corporation Ltd.
GTES
$7.08B
| $153K | ﹤0.01% |
+13,177
| New | +$164K |
|
4322
Sprinklr
CXM
$1.49B
| $152K | ﹤0.01% |
+11,016
| New | +$158K |
|
|
PIM
4323
Franklin Master Intermediate Income Trust
PIM
$150M
| $152K | ﹤0.01% |
50,391
-949
| -2% | -$2.98K |
|
4324
Farmers National Banc Corp
FMNB
$939M
| $152K | ﹤0.01% |
13,162
-558
| -4% | -$7.12K |
|
4325
NeoGenomics
NEO
$1.96B
| $152K | ﹤0.01% |
12,320
+364
| +3% | +$5.41K |
|
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.