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 Morningstar 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 | |
|---|---|---|---|---|---|---|
1326
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $7.37M | 0.01% |
269,571
+11,246
| +4% | +$313K |
|
|
OWNS
1327
CCM Affordable Housing MBS ETF
OWNS
$104M
| $7.37M | 0.01% |
430,739
-41,659
| -9% | -$721K |
|
1328
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.75B
| $7.35M | 0.01% |
136,292
-92,772
| -41% | -$5.12M |
|
1329
Plains GP Holdings
PAGP
$5.28B
| $7.33M | 0.01% |
494,514
+68,946
| +16% | +$952K |
|
1330
FlexShares Ultra-Short Income Fund
RAVI
$1.48B
| $7.33M | 0.01% |
97,780
+1,026
| +1% | +$76.7K |
|
1331
Agnico Eagle Mines
AEM
$72.2B
| $7.33M | 0.01% |
146,638
+22,073
| +18% | +$1.19M |
|
1332
Old Republic International
ORI
$10.9B
| $7.32M | 0.01% |
290,624
-15,663
| -5% | -$392K |
|
1333
Casey's General Stores
CASY
$32.1B
| $7.31M | 0.01% |
29,976
+1,685
| +6% | +$382K |
|
1334
iShares MSCI Emerging Markets ex China ETF
EMXC
$22.1B
| $7.31M | 0.01% |
140,573
+33,858
| +32% | +$1.72M |
|
1335
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $7.3M | 0.01% |
310,619
+31,344
| +11% | +$739K |
|
1336
Pacer Industrial Real Estate ETF
INDS
$119M
| $7.3M | 0.01% |
186,526
+6,300
| +3% | +$251K |
|
1337
iShares MSCI Sweden ETF
EWD
$534M
| $7.28M | 0.01% |
205,423
+65,303
| +47% | +$2.33M |
|
1338
Citizens Financial Group
CFG
$30.1B
| $7.25M | 0.01% |
277,865
+31,788
| +13% | +$876K |
|
|
EXAS
1339
DELISTED
Exact Sciences
EXAS
| $7.24M | 0.01% |
77,136
-5,473
| -7% | -$427K |
|
1340
Bunge Global
BG
$20.9B
| $7.24M | 0.01% |
76,713
-9,890
| -11% | -$918K |
|
1341
eBay
EBAY
$51.2B
| $7.24M | 0.01% |
161,920
-632
| -0.4% | -$28.1K |
|
1342
Hartford Financial Services
HIG
$39.9B
| $7.23M | 0.01% |
100,457
+9,672
| +11% | +$679K |
|
|
QSIG
1343
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$52.9M
| $7.23M | 0.01% |
154,235
-25,968
| -14% | -$1.22M |
|
1344
Stanley Black & Decker
SWK
$14.5B
| $7.22M | 0.01% |
77,094
+2,777
| +4% | +$230K |
|
1345
Coinbase
COIN
$42.2B
| $7.22M | 0.01% |
100,906
-9,089
| -8% | -$542K |
|
1346
iShares JPMorgan EM High Yield Bond ETF
EMHY
$617M
| $7.22M | 0.01% |
205,395
+28,081
| +16% | +$970K |
|
1347
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.15B
| $7.2M | 0.01% |
113,069
-4,342
| -4% | -$266K |
|
1348
Suncor Energy
SU
$77.7B
| $7.2M | 0.01% |
245,534
+534
| +0.2% | +$16K |
|
1349
Roku
ROKU
$21.6B
| $7.19M | 0.01% |
112,478
+6,540
| +6% | +$397K |
|
1350
Yum China
YUMC
$15.7B
| $7.19M | 0.01% |
127,275
-706
| -0.6% | -$42.6K |
|
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.