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 | |
|---|---|---|---|---|---|---|
4326
Ponce Financial Group
PDLB
$486M
| $96K | ﹤0.01% |
11,050
+515
| +5% | +$4.02K |
|
4327
Atomera
ATOM
$197M
| $95.6K | ﹤0.01% |
+10,900
| New | +$86K |
|
4328
Hope Bancorp
HOPE
$1.79B
| $95K | ﹤0.01% |
11,281
-90
| -0.8% | -$786 |
|
4329
Retractable Technologies
RVP
$20.1M
| $94.6K | ﹤0.01% |
82,301
-437
| -0.5% | -$626 |
|
|
AMLI
4330
DELISTED
American Lithium Corp. Common Stock
AMLI
| $94.6K | ﹤0.01% |
47,050
-16,270
| -26% | -$34.1K |
|
|
ME
4331
DELISTED
23andMe Holding Co
ME
| $94.6K | ﹤0.01% |
2,702
-305
| -10% | -$12.1K |
|
|
HIMX
4332
Himax Technologies
HIMX
$2.19B
| $94.1K | ﹤0.01% |
13,948
+286
| +2% | +$2.01K |
|
|
SCU
4333
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $93K | ﹤0.01% |
10,531
-587
| -5% | -$5.1K |
|
4334
Brookdale Senior Living
BKD
$3.49B
| $92K | ﹤0.01% |
21,796
-1,772
| -8% | -$6.85K |
|
|
TRUE
4335
DELISTED
TrueCar
TRUE
| $90.4K | ﹤0.01% |
40,000
| – | – |
|
4336
Curis
CRIS
$9.67M
| $90.1K | ﹤0.01% |
271
+86
| +46% | +$28K |
|
4337
ARKO Corp
ARKO
$903M
| $90.1K | ﹤0.01% |
+11,330
| New | +$90.1K |
|
4338
Amprius Technologies
AMPX
$1.34B
| $89.4K | ﹤0.01% |
12,445
-1,555
| -11% | -$13.4K |
|
|
TSI
4339
TCW Strategic Income Fund
TSI
$212M
| $88.6K | ﹤0.01% |
19,134
-4,451
| -19% | -$20.9K |
|
4340
SES AI
SES
$200M
| $88.5K | ﹤0.01% |
36,265
-6,550
| -15% | -$12.7K |
|
4341
Vuzix
VUZI
$194M
| $88.2K | ﹤0.01% |
17,300
-2,637
| -13% | -$11.7K |
|
|
AMRS
4342
DELISTED
Amyris Inc.
AMRS
| $88.1K | ﹤0.01% |
85,505
+11,935
| +16% | +$11.1K |
|
|
ECF
4343
Ellsworth Growth & Income Fund
ECF
$167M
| $87.3K | ﹤0.01% |
10,149
-393
| -4% | -$3.19K |
|
4344
Village Farms International
VFF
$242M
| $86.9K | ﹤0.01% |
145,184
-800
| -0.5% | -$569 |
|
4345
CALL
Under Armour
UAA
$2.91B
| $86.6K | ﹤0.01% |
+12,000
| New | +$96.5K |
|
|
BCLI
4346
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $85.6K | ﹤0.01% |
+2,769
| New | +$115K |
|
|
TWOU
4347
DELISTED
2U Inc
TWOU
| $85.2K | ﹤0.01% |
705
+42
| +6% | +$5.58K |
|
4348
RPC Inc
RES
$1.2B
| $84.8K | ﹤0.01% |
11,866
+221
| +2% | +$1.62K |
|
4349
AST SpaceMobile
ASTS
$17.5B
| $84.3K | ﹤0.01% |
17,926
-4,155
| -19% | -$21.5K |
|
|
BIOR
4350
DELISTED
Biora Therapeutics, Inc. Common Stock
BIOR
| $83.9K | ﹤0.01% |
2,178
+106
| +5% | +$3.74K |
|
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.