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 | |
|---|---|---|---|---|---|---|
1351
The Mosaic Company
MOS
$7.03B
| $7.36M | 0.01% |
206,606
+61,096
| +42% | +$2.34M |
|
|
QSIG
1352
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$52.9M
| $7.34M | 0.01% |
157,707
+3,472
| +2% | +$163K |
|
1353
Dimensional US Core Equity Market ETF
DFAU
$12.4B
| $7.33M | 0.01% |
244,760
+14,153
| +6% | +$441K |
|
1354
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $7.3M | 0.01% |
215,343
+53,213
| +33% | +$1.83M |
|
1355
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.37B
| $7.3M | 0.01% |
753,959
-160,948
| -18% | -$1.69M |
|
1356
iShares Core MSCI Europe ETF
IEUR
$8.97B
| $7.29M | 0.01% |
146,878
+5,442
| +4% | +$283K |
|
1357
FMC
FMC
$1.34B
| $7.29M | 0.01% |
108,809
+30,467
| +39% | +$2.64M |
|
1358
Invesco KBW High Dividend Yield Financial ETF
KBWD
$408M
| $7.27M | 0.01% |
478,909
-24,384
| -5% | -$387K |
|
1359
Celsius Holdings
CELH
$7.47B
| $7.27M | 0.01% |
127,152
-16,290
| -11% | -$916K |
|
1360
Fortive
FTV
$17.9B
| $7.25M | 0.01% |
129,789
+34,664
| +36% | +$1.99M |
|
1361
Bunge Global
BG
$20.4B
| $7.25M | 0.01% |
66,994
-9,719
| -13% | -$1.07M |
|
1362
Amplify Etho Climate Leadership US ETF
ETHO
$186M
| $7.24M | 0.01% |
144,759
+3,806
| +3% | +$201K |
|
1363
Regency Centers
REG
$14.7B
| $7.24M | 0.01% |
121,806
+112,555
| +1,217% | +$7.1M |
|
1364
Dell
DELL
$262B
| $7.23M | 0.01% |
104,948
+11,564
| +12% | +$689K |
|
1365
SoFi Technologies
SOFI
$21B
| $7.22M | 0.01% |
904,061
+42,419
| +5% | +$373K |
|
1366
Cloudflare
NET
$99B
| $7.22M | 0.01% |
114,510
+5,806
| +5% | +$372K |
|
1367
Twilio
TWLO
$30B
| $7.19M | 0.01% |
122,846
+2,149
| +2% | +$134K |
|
1368
Stanley Black & Decker
SWK
$14.3B
| $7.19M | 0.01% |
86,004
+8,910
| +12% | +$825K |
|
1369
Yum China
YUMC
$16.5B
| $7.19M | 0.01% |
128,993
+1,718
| +1% | +$96.1K |
|
1370
Columbia EM Core ex-China ETF
XCEM
$1.9B
| $7.16M | 0.01% |
261,136
+81,582
| +45% | +$2.32M |
|
1371
Entegris
ENTG
$18.1B
| $7.15M | 0.01% |
76,156
+13,834
| +22% | +$1.39M |
|
1372
Invesco KBW Property & Casualty Insurance ETF
KBWP
$267M
| $7.15M | 0.01% |
84,976
-65,211
| -43% | -$5.44M |
|
1373
Keurig Dr Pepper
KDP
$42.3B
| $7.14M | 0.01% |
226,210
+109,361
| +94% | +$3.61M |
|
1374
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.34B
| $7.14M | 0.01% |
91,578
-956
| -1% | -$78.5K |
|
1375
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.6B
| $7.13M | 0.01% |
179,967
-7,615
| -4% | -$332K |
|
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.