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
|
+$374M |
| 2 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$242M |
| 3 |
FT Vest Fund of Buffer ETFs
BUFR
|
+$242M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$240M |
| 5 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$205M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$147M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$116M |
| 3 |
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
|
+$71M |
| 4 |
Vanguard Russell 1000 Value ETF
VONV
|
+$64.6M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$64.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.89% |
| 2 | Financials | 3.17% |
| 3 | Healthcare | 2.77% |
| 4 | Consumer Discretionary | 2.65% |
| 5 | Industrials | 2.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4401
Copel
ELPC
$8.71B
| $195K | ﹤0.01% |
+24,795
| New | +$195K |
|
4402
Vermilion Energy
VET
$1.82B
| $195K | ﹤0.01% |
16,171
+3,036
| +23% | +$40.2K |
|
|
VFL
4403
DELISTED
abrdn National Municipal Income Fund
VFL
| $194K | ﹤0.01% |
19,008
+1,588
| +9% | +$14.4K |
|
4404
Energy Fuels
UUUU
$2.86B
| $192K | ﹤0.01% |
26,722
+7,979
| +43% | +$61.7K |
|
4405
Old Second Bancorp
OSBC
$1.29B
| $191K | ﹤0.01% |
12,381
-4,722
| -28% | -$68.2K |
|
|
PNF
4406
DELISTED
PIMCO New York Municipal Income Fund
PNF
| $191K | ﹤0.01% |
24,304
-26,490
| -52% | -$193K |
|
4407
FerroAtlántica
GSM
$594M
| $190K | ﹤0.01% |
29,113
+17,800
| +157% | +$94.2K |
|
4408
DarioHealth
DRIO
$70.9M
| $189K | ﹤0.01% |
5,495
+1,275
| +30% | +$45.4K |
|
|
NVTA
4409
DELISTED
Invitae Corporation
NVTA
| $187K | ﹤0.01% |
298,972
-36,671
| -11% | -$21.9K |
|
|
INSI
4410
DELISTED
Insight Select Income Fund
INSI
| $187K | ﹤0.01% |
11,703
-2,275
| -16% | -$34.4K |
|
|
DMF
4411
DELISTED
BNY Mellon Municipal Income
DMF
| $187K | ﹤0.01% |
28,742
-9,416
| -25% | -$56.3K |
|
4412
Pitney Bowes
PBI
$2.4B
| $186K | ﹤0.01% |
42,226
+10,161
| +32% | +$39.4K |
|
|
HDSN
4413
Hudson Technologies
HDSN
$254M
| $185K | ﹤0.01% |
13,719
-4,914
| -26% | -$63.5K |
|
|
QVCGA
4414
DELISTED
QVC Group Inc Series A
QVCGA
| $184K | ﹤0.01% |
4,210
-489
| -10% | -$16.8K |
|
4415
Coherus Oncology
CHRS
$217M
| $183K | ﹤0.01% |
+55,034
| New | +$147K |
|
4416
Arlo Technologies
ARLO
$1.6B
| $183K | ﹤0.01% |
19,203
-923
| -5% | -$8.43K |
|
4417
PUT
Universal Insurance Holdings
UVE
$1.22B
| $181K | ﹤0.01% |
+11,300
| New | +$176K |
|
|
DO
4418
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $180K | ﹤0.01% |
13,852
+2,249
| +19% | +$29.1K |
|
4419
Stellus Capital Investment Corp
SCM
$217M
| $180K | ﹤0.01% |
14,012
+2,174
| +18% | +$28.1K |
|
4420
Manitowoc
MTW
$497M
| $180K | ﹤0.01% |
10,766
-3,100
| -22% | -$45.1K |
|
4421
Deutsche Bank
DB
$69B
| $179K | ﹤0.01% |
13,190
-372
| -3% | -$4.38K |
|
|
ESEB
4422
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $178K | ﹤0.01% |
10,512
-3,071
| -23% | -$49.6K |
|
|
TPZ
4423
Tortoise Electrification Infrastructure ETF
TPZ
$127M
| $178K | ﹤0.01% |
+12,728
| New | +$172K |
|
|
MRSN
4424
DELISTED
Mersana Therapeutics
MRSN
| $178K | ﹤0.01% |
+3,068
| New | +$123K |
|
|
MHN
4425
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
| $177K | ﹤0.01% |
16,875
-3,739
| -18% | -$36.1K |
|
Similar funds
LPL Financial's Q4 2023 Portfolio in Review
As of Q4 2023, LPL Financial held 4,981 positions worth $165B, up 16% from $143B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $8.14B of net new capital in Q4 2023, opening 301 new positions and adding to 2,632 existing holdings. Its largest new stake was Veralto: 345,362 shares worth $28.4M.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $147M trimmed.
- LPL Financial's largest Q4 2023 buy was Veralto: 345,362 shares worth $28.4M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $374M increase.
- LPL Financial's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $147M.
- LPL Financial fully exited Invesco BulletShares 2023 Corporate Bond ETF in Q4 2023, selling an estimated $71M.
- LPL Financial's ten largest holdings make up 18% of its $165B portfolio in Q4 2023.
- LPL Financial opened 301 new positions and closed 188 in Q4 2023.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $165B.
Based on LPL Financial's 13F filing for Q4 2023, filed 14 Feb 2024.