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 | |
|---|---|---|---|---|---|---|
4451
Chegg
CHGG
$110M
| $158K | ﹤0.01% |
+13,886
| New | +$132K |
|
|
BLRX
4452
BioLineRX
BLRX
$12.3M
| $158K | ﹤0.01% |
2,508
-335
| -12% | -$20.7K |
|
4453
Invesco High Income Trust II
VLT
$64.9M
| $157K | ﹤0.01% |
15,154
+553
| +4% | +$5.5K |
|
4454
DHT Holdings
DHT
$2.99B
| $157K | ﹤0.01% |
16,044
+1,343
| +9% | +$13.8K |
|
4455
Denison Mines
DNN
$2.54B
| $155K | ﹤0.01% |
87,574
+28,381
| +48% | +$47.5K |
|
4456
Healthcare Services Group
HCSG
$1.6B
| $155K | ﹤0.01% |
14,920
-2,952
| -17% | -$29.5K |
|
4457
ProShares Decline of the Retail Store ETF
EMTY
$2.94M
| $154K | ﹤0.01% |
5,413
| – | – |
|
4458
Curis
CRIS
$9.78M
| $154K | ﹤0.01% |
+604
| New | +$96.4K |
|
|
PIM
4459
Franklin Master Intermediate Income Trust
PIM
$150M
| $154K | ﹤0.01% |
48,179
-2,212
| -4% | -$6.76K |
|
|
DCF
4460
DELISTED
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.
DCF
| $153K | ﹤0.01% |
18,800
-2,815
| -13% | -$22.1K |
|
|
DNMR
4461
DELISTED
Danimer Scientific, Inc.
DNMR
| $153K | ﹤0.01% |
3,740
-269
| -7% | -$14.6K |
|
|
FINV
4462
FinVolution Group
FINV
$1.15B
| $152K | ﹤0.01% |
31,084
-796
| -2% | -$3.78K |
|
|
IAE
4463
Voya Asia Pacific High Dividend Equity Income Fund
IAE
$91.8M
| $152K | ﹤0.01% |
25,292
-1,809
| -7% | -$10.3K |
|
|
PCK
4464
DELISTED
Pimco California Municipal Income Fund II
PCK
| $151K | ﹤0.01% |
26,095
-1,321
| -5% | -$7.1K |
|
4465
Payoneer
PAYO
$2.42B
| $151K | ﹤0.01% |
29,010
+1,000
| +4% | +$5.51K |
|
4466
A10 Networks
ATEN
$2.13B
| $151K | ﹤0.01% |
11,461
+443
| +4% | +$5.37K |
|
|
IHD
4467
Voya Emerging Markets High Income Dividend Equity Fund
IHD
$130M
| $150K | ﹤0.01% |
28,354
-32,935
| -54% | -$161K |
|
|
NGD
4468
DELISTED
New Gold Inc
NGD
| $150K | ﹤0.01% |
102,723
+200
| +0.2% | +$252 |
|
4469
GoodRx Holdings
GDRX
$1.04B
| $149K | ﹤0.01% |
22,266
-659
| -3% | -$3.71K |
|
4470
FIGS
FIGS
$1.79B
| $149K | ﹤0.01% |
21,389
+4,313
| +25% | +$28.5K |
|
4471
Mirion Technologies
MIR
$3.73B
| $148K | ﹤0.01% |
14,478
-11,600
| -44% | -$97.9K |
|
4472
Sprinklr
CXM
$1.49B
| $147K | ﹤0.01% |
12,222
+1,206
| +11% | +$16.6K |
|
4473
Abeona Therapeutics
ABEO
$366M
| $147K | ﹤0.01% |
29,340
+4,890
| +20% | +$21.5K |
|
4474
Tyra Biosciences
TYRA
$1.9B
| $145K | ﹤0.01% |
10,500
-4,000
| -28% | -$51.8K |
|
4475
Designer Brands
DBI
$307M
| $145K | ﹤0.01% |
16,428
-3,798
| -19% | -$40K |
|
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.