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 | |
|---|---|---|---|---|---|---|
4426
OmniAb
OABI
$287M
| $96.5K | ﹤0.01% |
18,602
-5,024
| -21% | -$26.8K |
|
|
CHMI
4427
Cherry Hill Mortgage Investment Corp
CHMI
$83M
| $95.5K | ﹤0.01% |
25,681
-22,536
| -47% | -$92.3K |
|
4428
CALL
NIO
NIO
$12.2B
| $94.9K | ﹤0.01% |
+10,500
| New | +$117K |
|
4429
American Battery Technology Co
ABAT
$285M
| $94.8K | ﹤0.01% |
+11,003
| New | +$105K |
|
4430
NextNav
NN
$1.79B
| $94.5K | ﹤0.01% |
+18,381
| New | +$74.1K |
|
4431
Zevra Therapeutics
ZVRA
$562M
| $94.4K | ﹤0.01% |
19,593
+4,062
| +26% | +$20.3K |
|
4432
TETRA Technologies
TTI
$1.14B
| $94.4K | ﹤0.01% |
14,790
+1,482
| +11% | +$7.63K |
|
|
AUTL
4433
Autolus Therapeutics
AUTL
$397M
| $94K | ﹤0.01% |
40,325
-8,350
| -17% | -$23.8K |
|
|
CMPS
4434
Compass Pathways
CMPS
$1.53B
| $93.8K | ﹤0.01% |
12,680
-1,450
| -10% | -$12.8K |
|
|
GLO
4435
Clough Global Opportunities Fund
GLO
$250M
| $93.4K | ﹤0.01% |
21,073
| – | – |
|
|
NGD
4436
DELISTED
New Gold Inc
NGD
| $93.3K | ﹤0.01% |
102,523
+56,447
| +123% | +$60.1K |
|
|
FRGI
4437
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $92.4K | ﹤0.01% |
10,920
-15,120
| -58% | -$124K |
|
4438
Anixa Biosciences
ANIX
$116M
| $92K | ﹤0.01% |
28,138
+5,250
| +23% | +$18.4K |
|
4439
Stagwell
STGW
$2.07B
| $91K | ﹤0.01% |
+19,397
| New | +$115K |
|
4440
ARKO Corp
ARKO
$896M
| $88.5K | ﹤0.01% |
12,374
+1,044
| +9% | +$8.17K |
|
|
BLDP
4441
Ballard Power Systems
BLDP
$805M
| $87.4K | ﹤0.01% |
23,812
+1,418
| +6% | +$6.08K |
|
4442
Oxford Square Capital
OXSQ
$163M
| $86.5K | ﹤0.01% |
28,732
+243
| +0.9% | +$734 |
|
4443
American Superconductor
AMSC
$1.42B
| $85.9K | ﹤0.01% |
11,376
+937
| +9% | +$7.78K |
|
|
HIMX
4444
Himax Technologies
HIMX
$2.19B
| $84.2K | ﹤0.01% |
14,411
+463
| +3% | +$2.97K |
|
4445
Hims & Hers Health
HIMS
$6.43B
| $83.9K | ﹤0.01% |
+13,336
| New | +$99.2K |
|
4446
Vivid Seats
SEAT
$84.6M
| $83.5K | ﹤0.01% |
650
-150
| -19% | -$22.1K |
|
|
TRUE
4447
DELISTED
TrueCar
TRUE
| $82.8K | ﹤0.01% |
40,000
| – | – |
|
4448
CALL
Under Armour
UAA
$2.84B
| $82.2K | ﹤0.01% |
12,000
| – | – |
|
|
NOTE
4449
DELISTED
FiscalNote
NOTE
| $81.8K | ﹤0.01% |
3,279
-8,750
| -73% | -$299K |
|
4450
SES AI
SES
$203M
| $81.6K | ﹤0.01% |
35,965
-300
| -0.8% | -$728 |
|
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.