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 | |
|---|---|---|---|---|---|---|
776
Delta Air Lines
DAL
$56.7B
| $20.7M | 0.01% |
435,898
+45,626
| +12% | +$1.68M |
|
777
Capital Group Core Plus Income ETF
CGCP
$8.38B
| $20.7M | 0.01% |
929,926
+249,225
| +37% | +$5.63M |
|
778
Global X MLP ETF
MLPA
$2.26B
| $20.7M | 0.01% |
481,169
+29,130
| +6% | +$1.22M |
|
779
DNP Select Income Fund
DNP
$4.14B
| $20.5M | 0.01% |
1,960,190
+151,939
| +8% | +$1.59M |
|
780
ROBO Global Robotics & Automation Index ETF
ROBO
$1.87B
| $20.5M | 0.01% |
350,114
+1,952
| +0.6% | +$107K |
|
781
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$627M
| $20.5M | 0.01% |
1,007,736
-138,252
| -12% | -$2.78M |
|
782
Steris
STE
$22.9B
| $20.5M | 0.01% |
91,062
+4,093
| +5% | +$819K |
|
783
Invesco MSCI USA ETF
PBUS
$11.1B
| $20.5M | 0.01% |
462,767
-1,796
| -0.4% | -$75.1K |
|
784
Invesco 0-5 Yr US TIPS ETF
PBTP
$106M
| $20.5M | 0.01% |
835,077
-111,563
| -12% | -$2.77M |
|
785
WisdomTree US SmallCap Earnings Fund
EES
$720M
| $20.4M | 0.01% |
456,092
+12,222
| +3% | +$521K |
|
786
State Street SPDR ICE Preferred Securities ETF
PSK
$689M
| $20.4M | 0.01% |
609,420
-6,353
| -1% | -$213K |
|
787
LeaderShares AlphaFactor Tactical Focused ETF
LSAT
$66.3M
| $20.4M | 0.01% |
610,677
+77,004
| +14% | +$2.46M |
|
788
VanEck IG Floating Rate ETF
FLTR
$2.94B
| $20.4M | 0.01% |
806,216
+51,137
| +7% | +$1.28M |
|
789
Trane Technologies
TT
$98.8B
| $20.3M | 0.01% |
106,124
+15,696
| +17% | +$2.79M |
|
790
Estee Lauder
EL
$30.4B
| $20.2M | 0.01% |
102,760
+11,960
| +13% | +$2.54M |
|
791
Airbnb
ABNB
$90.8B
| $20.2M | 0.01% |
157,387
+15,902
| +11% | +$1.86M |
|
|
BXMX
792
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $20M | 0.01% |
1,494,841
+119,685
| +9% | +$1.58M |
|
793
First Trust Indxx NextG ETF
NXTG
$523M
| $20M | 0.01% |
278,344
+3,380
| +1% | +$234K |
|
794
Invesco BulletShares 2027 Corporate Bond ETF
BSCR
$4.58B
| $19.9M | 0.01% |
1,045,582
+3,623
| +0.3% | +$69.7K |
|
795
SLB Ltd
SLB
$72.7B
| $19.9M | 0.01% |
404,718
+17,001
| +4% | +$811K |
|
796
Vanguard FTSE Pacific ETF
VPL
$7.77B
| $19.8M | 0.01% |
284,580
-15,490
| -5% | -$1.07M |
|
797
DexCom
DXCM
$29B
| $19.8M | 0.01% |
154,359
+13,501
| +10% | +$1.63M |
|
798
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $19.7M | 0.01% |
356,566
+3,778
| +1% | +$213K |
|
799
ARK Blockchain & Fintech Innovation ETF
ARKF
$731M
| $19.7M | 0.01% |
942,508
+38,605
| +4% | +$733K |
|
800
AB High Yield ETF
HYFI
$329M
| $19.7M | 0.01% |
+557,237
| New | +$19.5M |
|
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.