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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$201M |
| 2 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$193M |
| 3 |
Invesco NASDAQ 100 ETF
QQQM
|
+$148M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$137M |
| 5 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$131M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$138M |
| 2 |
SLY
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
|
+$137M |
| 3 |
Vanguard Small-Cap ETF
VB
|
+$120M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$70.9M |
| 5 |
Invesco S&P 500 Low Volatility ETF
SPLV
|
+$67.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.6% |
| 2 | Financials | 2.98% |
| 3 | Healthcare | 2.91% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
Palantir
PLTR
$295B
| $22.2M | 0.02% |
1,451,309
+291,531
| +25% | +$3.31M |
|
752
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$751M
| $22.2M | 0.02% |
504,370
+226
| +0% | +$9.62K |
|
753
West Pharmaceutical
WST
$23.7B
| $22.2M | 0.02% |
57,994
+2,272
| +4% | +$812K |
|
754
Invesco Solar ETF
TAN
$1.37B
| $22M | 0.02% |
308,475
-83,154
| -21% | -$6M |
|
755
Marvell Technology
MRVL
$147B
| $22M | 0.02% |
367,303
+99,645
| +37% | +$4.84M |
|
756
Icon
ICLR
$13.7B
| $21.9M | 0.02% |
87,504
-7,518
| -8% | -$1.6M |
|
757
AutoZone
AZO
$51.3B
| $21.9M | 0.02% |
8,780
+1,447
| +20% | +$3.69M |
|
758
VICI Properties
VICI
$29.9B
| $21.9M | 0.02% |
695,630
+75,763
| +12% | +$2.43M |
|
759
PIMCO Corporate & Income Opportunity Fund
PTY
$2.46B
| $21.8M | 0.02% |
1,558,314
+462,507
| +42% | +$6M |
|
760
Factset
FDS
$10B
| $21.8M | 0.02% |
54,380
+7,205
| +15% | +$2.91M |
|
761
iShares Core Conservative Allocation ETF
AOK
$783M
| $21.6M | 0.02% |
611,631
-46,625
| -7% | -$1.63M |
|
762
Motorola Solutions
MSI
$72.1B
| $21.4M | 0.02% |
72,976
+13
| +0% | +$3.72K |
|
763
Southwest Airlines
LUV
$21.7B
| $21.3M | 0.02% |
587,541
+28,155
| +5% | +$883K |
|
764
Synopsys
SNPS
$71.6B
| $21.2M | 0.02% |
48,782
+19,344
| +66% | +$7.79M |
|
765
Invesco Bloomberg Pricing Power ETF
POWA
$180M
| $21.2M | 0.02% |
305,856
+64,756
| +27% | +$4.35M |
|
766
Xtrackers S&P 500 ESG ETF
SNPE
$2.54B
| $21.1M | 0.02% |
520,125
+794
| +0.2% | +$30.5K |
|
767
First Trust Utilities AlphaDEX Fund
FXU
$826M
| $21.1M | 0.02% |
664,187
-137,393
| -17% | -$4.45M |
|
768
Caesars Entertainment
CZR
$6.06B
| $21.1M | 0.02% |
413,424
+62,042
| +18% | +$2.82M |
|
769
Chipotle Mexican Grill
CMG
$43.9B
| $21.1M | 0.02% |
492,150
-11,900
| -2% | -$471K |
|
770
Invesco Dorsey Wright Technology Momentum ETF
PTF
$513M
| $21M | 0.02% |
428,838
+41,205
| +11% | +$1.8M |
|
771
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
| $21M | 0.02% |
232,492
-37,356
| -14% | -$3.3M |
|
772
VanEck Inflation Allocation ETF
RAAX
$1.11B
| $21M | 0.02% |
840,130
-62,489
| -7% | -$1.57M |
|
773
Blue Owl Capital
OBDC
$5.35B
| $21M | 0.02% |
1,564,230
+125,831
| +9% | +$1.65M |
|
774
Global X Cybersecurity ETF
BUG
$1.25B
| $20.9M | 0.01% |
860,717
-190,091
| -18% | -$4.39M |
|
775
Genuine Parts
GPC
$17.9B
| $20.8M | 0.01% |
122,961
+1,288
| +1% | +$211K |
|
Similar funds
LPL Financial's Q2 2023 Portfolio in Review
As of Q2 2023, LPL Financial held 4,765 positions worth $140B, up 8.9% from $128B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.43B of net new capital in Q2 2023, opening 284 new positions and adding to 2,591 existing holdings. Its largest new stake was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
By sector, the portfolio is most concentrated in Technology at 6.6% of assets, up from 6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $138M trimmed.
- LPL Financial's largest Q2 2023 buy was FT Vest Rising Dividend Achievers Target Income ETF: 1,897,918 shares worth $41.7M.
- LPL Financial added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $201M increase.
- LPL Financial's biggest Q2 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $138M.
- LPL Financial fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $137M.
- LPL Financial's ten largest holdings make up 18% of its $140B portfolio in Q2 2023.
- LPL Financial opened 284 new positions and closed 181 in Q2 2023.
- LPL Financial's portfolio value rose 8.9% quarter-over-quarter to $140B.
Based on LPL Financial's 13F filing for Q2 2023, filed 31 Jul 2023.