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 | |
|---|---|---|---|---|---|---|
4476
INmune Bio
INMB
$46.5M
| $68.4K | ﹤0.01% |
+10,097
| New | +$83.7K |
|
4477
Clear Channel Outdoor Holdings
CCO
$1.23B
| $67.2K | ﹤0.01% |
42,500
-12,500
| -23% | -$19K |
|
4478
Rekor Systems
REKR
$85.8M
| $66.3K | ﹤0.01% |
23,500
+1,000
| +4% | +$3.05K |
|
|
DFTX
4479
Definium Therapeutics
DFTX
$5.78B
| $66.2K | ﹤0.01% |
21,151
+316
| +2% | +$1.3K |
|
4480
Vuzix
VUZI
$194M
| $65.6K | ﹤0.01% |
18,074
+774
| +4% | +$3.43K |
|
4481
iQIYI
IQ
$1.23B
| $65.1K | ﹤0.01% |
13,733
+525
| +4% | +$2.74K |
|
|
CMAX
4482
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $63.8K | ﹤0.01% |
1,003
-63
| -6% | -$4.41K |
|
|
SFIX
4483
Stitch Fix
SFIX
$536M
| $63.6K | ﹤0.01% |
18,427
-2,040
| -10% | -$8.16K |
|
4484
Microvast
MVST
$269M
| $63.2K | ﹤0.01% |
33,424
+900
| +3% | +$1.93K |
|
4485
AST SpaceMobile
ASTS
$17.6B
| $62.9K | ﹤0.01% |
16,559
-1,367
| -8% | -$5.52K |
|
4486
Kodak
KODK
$822M
| $62.8K | ﹤0.01% |
+14,925
| New | +$73K |
|
|
AMLI
4487
DELISTED
American Lithium Corp. Common Stock
AMLI
| $62.6K | ﹤0.01% |
43,750
-3,300
| -7% | -$5.37K |
|
|
KEEL
4488
Keel Infrastructure Corp
KEEL
$2.4B
| $62K | ﹤0.01% |
57,969
+1,087
| +2% | +$1.59K |
|
4489
Petco
WOOF
$797M
| $61.8K | ﹤0.01% |
15,098
-17,668
| -54% | -$116K |
|
4490
Full House Resorts
FLL
$80.1M
| $61.6K | ﹤0.01% |
14,428
| – | – |
|
4491
Marqeta
MQ
$1.83B
| $61.6K | ﹤0.01% |
2,574
-57
| -2% | -$1.29K |
|
4492
Microvision
MVIS
$6.21M
| $61.5K | ﹤0.01% |
28,097
+12,900
| +85% | +$39.3K |
|
4493
Energy Vault
NRGV
$517M
| $60.8K | ﹤0.01% |
23,850
+200
| +0.8% | +$598 |
|
4494
Fortuna Silver Mines
FSM
$2.55B
| $60.8K | ﹤0.01% |
22,347
+4,800
| +27% | +$15K |
|
4495
GoPro
GPRO
$130M
| $60.1K | ﹤0.01% |
19,137
+524
| +3% | +$1.99K |
|
4496
loanDepot
LDI
$532M
| $59.7K | ﹤0.01% |
34,712
| – | – |
|
4497
Precigen
PGEN
$2.24B
| $59.2K | ﹤0.01% |
41,674
-1,465
| -3% | -$2.08K |
|
|
VISN
4498
Vistance Networks Inc
VISN
$2.65B
| $58.9K | ﹤0.01% |
+17,533
| New | +$71.8K |
|
4499
FerroAtlántica
GSM
$594M
| $58.8K | ﹤0.01% |
11,313
| – | – |
|
|
NINE
4500
DELISTED
Nine Energy Service
NINE
| $58.5K | ﹤0.01% |
14,210
-11,348
| -44% | -$51.1K |
|
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.