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 | |
|---|---|---|---|---|---|---|
|
PHD
4351
DELISTED
Pioneer Floating Rate Fund
PHD
| $137K | ﹤0.01% |
15,260
+2,500
| +20% | +$22.4K |
|
4352
Daktronics
DAKT
$955M
| $137K | ﹤0.01% |
+15,396
| New | +$122K |
|
|
RDFN
4353
DELISTED
Redfin
RDFN
| $136K | ﹤0.01% |
19,328
+3,054
| +19% | +$33.5K |
|
|
MOON
4354
DELISTED
Direxion Moonshot Innovators ETF
MOON
| $136K | ﹤0.01% |
12,882
-199
| -2% | -$2.48K |
|
4355
CytomX Therapeutics
CTMX
$675M
| $136K | ﹤0.01% |
105,392
+7,127
| +7% | +$11.2K |
|
4356
Adeia
ADEA
$2.94B
| $136K | ﹤0.01% |
+12,712
| New | +$135K |
|
|
SKE
4357
Skeena Resources
SKE
$3.3B
| $136K | ﹤0.01% |
29,500
+7,300
| +33% | +$35.4K |
|
4358
BioCryst Pharmaceuticals
BCRX
$2.28B
| $132K | ﹤0.01% |
18,677
-10,033
| -35% | -$72.1K |
|
4359
RPC Inc
RES
$1.24B
| $131K | ﹤0.01% |
14,609
+2,743
| +23% | +$22.9K |
|
|
ACCD
4360
DELISTED
Accolade Inc
ACCD
| $130K | ﹤0.01% |
12,289
+53
| +0.4% | +$695 |
|
|
EFC
4361
Ellington Financial
EFC
$1.67B
| $129K | ﹤0.01% |
10,379
-555
| -5% | -$7.39K |
|
|
NKLA
4362
DELISTED
Nikola Corporation Common Stock
NKLA
| $129K | ﹤0.01% |
2,743
-320
| -10% | -$16.7K |
|
4363
GoodRx Holdings
GDRX
$1.04B
| $129K | ﹤0.01% |
22,925
-3,248
| -12% | -$21.7K |
|
4364
Evolv Technologies
EVLV
$995M
| $129K | ﹤0.01% |
26,476
+2,000
| +8% | +$12.3K |
|
4365
Motorcar Parts of America
MPAA
$254M
| $128K | ﹤0.01% |
15,850
-515
| -3% | -$4.26K |
|
4366
Butterfly Network
BFLY
$1.89B
| $128K | ﹤0.01% |
108,604
+18,760
| +21% | +$36.3K |
|
|
CNCR
4367
DELISTED
ETF Series Solutions Trust Range Cancer Therapeutics ETF
CNCR
| $128K | ﹤0.01% |
11,664
-4,000
| -26% | -$48.8K |
|
4368
Roivant Sciences
ROIV
$24.5B
| $127K | ﹤0.01% |
+10,910
| New | +$123K |
|
4369
Alto Ingredients
ALTO
$369M
| $126K | ﹤0.01% |
28,502
+1,320
| +5% | +$5.1K |
|
4370
Hudbay
HBM
$10.1B
| $123K | ﹤0.01% |
25,283
-564
| -2% | -$2.86K |
|
4371
Baytex Energy
BTE
$3.25B
| $122K | ﹤0.01% |
27,677
+16,871
| +156% | +$66.2K |
|
|
AMRN
4372
Amarin Corp
AMRN
$299M
| $122K | ﹤0.01% |
6,616
+77
| +1% | +$1.67K |
|
|
IHTA
4373
DELISTED
Invesco High Income 2024 Target Term Fund
IHTA
| $121K | ﹤0.01% |
17,483
+167
| +1% | +$1.18K |
|
|
ECF
4374
Ellsworth Growth & Income Fund
ECF
$166M
| $121K | ﹤0.01% |
15,055
+4,906
| +48% | +$42K |
|
|
VRN
4375
DELISTED
Veren
VRN
| $121K | ﹤0.01% |
14,599
-701
| -5% | -$5.59K |
|
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.