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 | |
|---|---|---|---|---|---|---|
1576
ProShares S&P Technology Dividend Aristocrats ETF
TDV
$269M
| $4.92M | ﹤0.01% |
74,280
+20,576
| +38% | +$1.26M |
|
1577
CF Industries
CF
$19.3B
| $4.91M | ﹤0.01% |
70,773
-2,348
| -3% | -$164K |
|
1578
Dick's Sporting Goods
DKS
$17.9B
| $4.89M | ﹤0.01% |
37,010
+3,953
| +12% | +$541K |
|
1579
Molson Coors Class B
TAP
$7.79B
| $4.89M | ﹤0.01% |
74,261
+8,758
| +13% | +$541K |
|
1580
QuantumScape Corp
QS
$3.22B
| $4.87M | ﹤0.01% |
608,970
-3,510
| -0.6% | -$24.4K |
|
1581
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$403M
| $4.85M | ﹤0.01% |
85,757
-7,067
| -8% | -$399K |
|
1582
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$98.6M
| $4.84M | ﹤0.01% |
77,547
+18,480
| +31% | +$1.15M |
|
1583
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
$1.18B
| $4.83M | ﹤0.01% |
186,027
-30,159
| -14% | -$794K |
|
1584
Landstar System
LSTR
$5.75B
| $4.82M | ﹤0.01% |
25,045
+1,176
| +5% | +$212K |
|
|
ANSS
1585
DELISTED
Ansys
ANSS
| $4.81M | ﹤0.01% |
14,570
+2,817
| +24% | +$892K |
|
1586
Cooper Companies
COO
$14.2B
| $4.8M | ﹤0.01% |
50,052
+10,544
| +27% | +$989K |
|
1587
Fidelity Low Volatility Factor ETF
FDLO
$1.43B
| $4.78M | ﹤0.01% |
95,299
+17,744
| +23% | +$862K |
|
1588
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$591M
| $4.77M | ﹤0.01% |
56,988
-5,276
| -8% | -$433K |
|
1589
iShares Morningstar Small-Cap Value ETF
ISCV
$695M
| $4.77M | ﹤0.01% |
88,271
-5,470
| -6% | -$281K |
|
1590
SolarEdge
SEDG
$2.54B
| $4.76M | ﹤0.01% |
17,686
+956
| +6% | +$274K |
|
1591
Nuveen ESG US Aggregate Bond ETF
NUBD
$464M
| $4.75M | ﹤0.01% |
215,922
+6,951
| +3% | +$154K |
|
1592
UDR
UDR
$12.3B
| $4.74M | ﹤0.01% |
110,340
+6,191
| +6% | +$255K |
|
1593
Corpay
CPAY
$25.5B
| $4.74M | ﹤0.01% |
18,873
+325
| +2% | +$74.1K |
|
1594
iShares MSCI Agriculture Producers ETF
VEGI
$152M
| $4.73M | ﹤0.01% |
119,792
-26,330
| -18% | -$1.05M |
|
1595
FlexShares STOXX US ESG Select Index Fund
ESG
$132M
| $4.72M | ﹤0.01% |
43,685
+1,458
| +3% | +$149K |
|
1596
Invesco AI and Next Gen Software ETF
IGPT
$1.15B
| $4.71M | ﹤0.01% |
131,214
+15,597
| +13% | +$528K |
|
1597
iShares China Large-Cap ETF
FXI
$4.37B
| $4.69M | ﹤0.01% |
172,389
+7,587
| +5% | +$213K |
|
1598
Celanese
CE
$4.91B
| $4.68M | ﹤0.01% |
40,382
-153
| -0.4% | -$16.6K |
|
1599
iShares International Small Cap Equity Factor ETF
ISCF
$662M
| $4.66M | ﹤0.01% |
151,167
+2,198
| +1% | +$68.4K |
|
1600
Jabil
JBL
$32.3B
| $4.66M | ﹤0.01% |
43,159
-8,161
| -16% | -$719K |
|
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.