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 | |
|---|---|---|---|---|---|---|
1726
Coca-Cola Europacific Partners
CCEP
$49.3B
| $3.93M | ﹤0.01% |
60,986
+4,838
| +9% | +$307K |
|
1727
Amplify Online Retail ETF
IBUY
$111M
| $3.92M | ﹤0.01% |
84,840
-6,808
| -7% | -$290K |
|
|
SGEN
1728
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.91M | ﹤0.01% |
20,316
+5,113
| +34% | +$1.02M |
|
1729
LKQ Corp
LKQ
$5.76B
| $3.91M | ﹤0.01% |
67,069
+7,857
| +13% | +$437K |
|
1730
Evergy
EVRG
$19.2B
| $3.9M | ﹤0.01% |
66,792
+1,973
| +3% | +$119K |
|
1731
Dimensional US High Profitability ETF
DUHP
$12.3B
| $3.9M | ﹤0.01% |
147,019
+37,136
| +34% | +$937K |
|
1732
Lennox International
LII
$14.5B
| $3.9M | ﹤0.01% |
11,956
+1,287
| +12% | +$364K |
|
|
GRMN
1733
Garmin
GRMN
$57.4B
| $3.89M | ﹤0.01% |
37,332
+2,498
| +7% | +$255K |
|
|
FUND
1734
Sprott Focus Trust
FUND
$299M
| $3.89M | ﹤0.01% |
489,545
-34,350
| -7% | -$270K |
|
1735
Olin
OLN
$2.53B
| $3.89M | ﹤0.01% |
75,656
-9,487
| -11% | -$505K |
|
1736
Otter Tail
OTTR
$3.75B
| $3.89M | ﹤0.01% |
49,220
+14,845
| +43% | +$1.11M |
|
1737
Royal Gold
RGLD
$17.2B
| $3.88M | ﹤0.01% |
33,847
-213
| -0.6% | -$27.4K |
|
1738
Live Nation Entertainment
LYV
$42.7B
| $3.88M | ﹤0.01% |
42,625
-28,707
| -40% | -$2.24M |
|
1739
Rithm Capital
RITM
$5.51B
| $3.88M | ﹤0.01% |
415,194
+89,491
| +27% | +$748K |
|
1740
Ferguson
FERG
$43.9B
| $3.86M | ﹤0.01% |
24,540
+3,581
| +17% | +$510K |
|
1741
Donaldson
DCI
$10.7B
| $3.84M | ﹤0.01% |
61,454
+12,127
| +25% | +$759K |
|
1742
Spotify
SPOT
$107B
| $3.84M | ﹤0.01% |
23,918
+9,476
| +66% | +$1.37M |
|
1743
Boston Properties
BXP
$11.4B
| $3.83M | ﹤0.01% |
66,494
+30,678
| +86% | +$1.6M |
|
1744
Motley Fool Global Opportunities ETF
TMFG
$352M
| $3.83M | ﹤0.01% |
143,315
+81,486
| +132% | +$2.1M |
|
1745
ICICI Bank
IBN
$109B
| $3.82M | ﹤0.01% |
165,607
+15,555
| +10% | +$352K |
|
1746
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.19B
| $3.82M | ﹤0.01% |
361,439
-15,350
| -4% | -$163K |
|
|
EOS
1747
Eaton Vance Enhance Equity Income Fund II
EOS
$1.12B
| $3.82M | ﹤0.01% |
213,452
+6,711
| +3% | +$112K |
|
1748
BlackRock Science and Technology Term Trust
BSTZ
$1.92B
| $3.82M | ﹤0.01% |
210,672
-7,297
| -3% | -$126K |
|
1749
Pacer Trendpilot International ETF
PTIN
$184M
| $3.81M | ﹤0.01% |
138,983
-6,312
| -4% | -$170K |
|
1750
Willis Towers Watson
WTW
$31.7B
| $3.8M | ﹤0.01% |
16,141
+875
| +6% | +$202K |
|
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.