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 | |
|---|---|---|---|---|---|---|
4326
DHT Holdings
DHT
$2.99B
| $151K | ﹤0.01% |
+14,701
| New | +$138K |
|
|
VFL
4327
DELISTED
abrdn National Municipal Income Fund
VFL
| $150K | ﹤0.01% |
17,420
+716
| +4% | +$6.88K |
|
4328
Blink Charging
BLNK
$74.3M
| $150K | ﹤0.01% |
48,921
-7,857
| -14% | -$39.5K |
|
4329
SunCoke Energy
SXC
$720M
| $149K | ﹤0.01% |
14,686
-702
| -5% | -$6.35K |
|
4330
Deutsche Bank
DB
$69B
| $149K | ﹤0.01% |
13,562
-408
| -3% | -$4.41K |
|
|
MPV
4331
Barings Participation Investors
MPV
$175M
| $149K | ﹤0.01% |
11,096
+47
| +0.4% | +$631 |
|
|
SPWR
4332
DELISTED
SunPower Corporation Common Stock
SPWR
| $146K | ﹤0.01% |
23,645
+3,050
| +15% | +$25.1K |
|
|
PSTL
4333
Postal Realty Trust
PSTL
$694M
| $146K | ﹤0.01% |
+10,800
| New | +$157K |
|
|
INN
4334
Summit Hotel Properties
INN
$746M
| $146K | ﹤0.01% |
25,102
+4,307
| +21% | +$25.7K |
|
4335
Invesco High Income Trust II
VLT
$64.9M
| $145K | ﹤0.01% |
14,601
+41
| +0.3% | +$426 |
|
4336
Conductor Global Equity Value ETF
CGV
$130M
| $144K | ﹤0.01% |
11,243
-1,331
| -11% | -$17.4K |
|
4337
NextDecade
NEXT
$1.79B
| $143K | ﹤0.01% |
28,005
+14,857
| +113% | +$90.4K |
|
|
DNB
4338
DELISTED
Dun & Bradstreet
DNB
| $143K | ﹤0.01% |
14,344
+2,209
| +18% | +$24.4K |
|
|
QVCGA
4339
DELISTED
QVC Group Inc Series A
QVCGA
| $143K | ﹤0.01% |
4,699
+469
| +11% | +$19.8K |
|
4340
Bitwise Crypto Industry Innovators ETF
BITQ
$379M
| $142K | ﹤0.01% |
21,171
-247
| -1% | -$2.06K |
|
|
CXH
4341
DELISTED
MFS Investment Grade Municipal Trust
CXH
| $142K | ﹤0.01% |
20,026
-3,896
| -16% | -$28.9K |
|
4342
Trinity Capital Inc.
TRIN
$1.58B
| $141K | ﹤0.01% |
+10,151
| New | +$147K |
|
4343
PSQ Holdings
PSQH
$13.9M
| $141K | ﹤0.01% |
+1,034
| New | +$184K |
|
|
BKCC
4344
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $141K | ﹤0.01% |
37,894
-37,538
| -50% | -$135K |
|
4345
Century Aluminum
CENX
$4.43B
| $140K | ﹤0.01% |
19,533
+3,700
| +23% | +$29.8K |
|
4346
Verrica Pharmaceuticals
VRCA
$89.7M
| $140K | ﹤0.01% |
3,613
+100
| +3% | +$5.08K |
|
4347
Bioventus
BVS
$892M
| $140K | ﹤0.01% |
42,273
+2,250
| +6% | +$7.89K |
|
4348
Magnite
MGNI
$2.76B
| $139K | ﹤0.01% |
18,446
-113
| -0.6% | -$1.22K |
|
|
UPH
4349
DELISTED
UpHealth, Inc.
UPH
| $138K | ﹤0.01% |
141,147
| – | – |
|
|
PCK
4350
DELISTED
Pimco California Municipal Income Fund II
PCK
| $138K | ﹤0.01% |
27,416
+4,291
| +19% | +$24.5K |
|
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.