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 | |
|---|---|---|---|---|---|---|
1751
US Foods
USFD
$22.1B
| $3.77M | ﹤0.01% |
85,773
+625
| +0.7% | +$24.8K |
|
1752
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$719M
| $3.77M | ﹤0.01% |
123,884
+84,490
| +214% | +$2.55M |
|
1753
Teradata
TDC
$2.88B
| $3.77M | ﹤0.01% |
70,636
+798
| +1% | +$36K |
|
1754
Fidelity MSCI Materials Index ETF
FMAT
$589M
| $3.77M | ﹤0.01% |
80,714
+8,808
| +12% | +$394K |
|
1755
iShares Core 10+ Year USD Bond ETF
ILTB
$595M
| $3.76M | ﹤0.01% |
71,512
+42,051
| +143% | +$2.21M |
|
1756
BlackRock Municipal 2030 Target Term Trust
BTT
$1.43B
| $3.76M | ﹤0.01% |
180,871
-1,353
| -0.7% | -$28.5K |
|
1757
Peabody Energy
BTU
$2.61B
| $3.74M | ﹤0.01% |
172,888
+75,317
| +77% | +$1.67M |
|
1758
Tapestry
TPR
$30.8B
| $3.74M | ﹤0.01% |
87,421
-73
| -0.1% | -$3.04K |
|
1759
Globus Medical
GMED
$10.9B
| $3.74M | ﹤0.01% |
62,826
+814
| +1% | +$46.4K |
|
1760
Vanguard US Momentum Factor ETF
VFMO
$1.77B
| $3.73M | ﹤0.01% |
30,742
+825
| +3% | +$94K |
|
1761
Pentair
PNR
$10.6B
| $3.72M | ﹤0.01% |
57,523
+3,276
| +6% | +$189K |
|
1762
VeriSign
VRSN
$25.9B
| $3.71M | ﹤0.01% |
16,399
+2,593
| +19% | +$572K |
|
|
AGD
1763
abrdn Global Dynamic Dividend Fund
AGD
$316M
| $3.7M | ﹤0.01% |
387,593
-12,918
| -3% | -$121K |
|
|
FPI
1764
Farmland Partners
FPI
$411M
| $3.69M | ﹤0.01% |
302,360
+225,555
| +294% | +$2.53M |
|
1765
iShares MSCI Brazil ETF
EWZ
$9.25B
| $3.68M | ﹤0.01% |
113,529
-164,502
| -59% | -$4.9M |
|
1766
Invesco International BuyBack Achievers ETF
IPKW
$555M
| $3.68M | ﹤0.01% |
106,372
-361,133
| -77% | -$12.4M |
|
1767
iShares Emerging Markets Equity Factor ETF
EMGF
$1.8B
| $3.67M | ﹤0.01% |
88,399
+5,961
| +7% | +$246K |
|
1768
Alerian Energy Infrastructure ETF
ENFR
$493M
| $3.67M | ﹤0.01% |
168,135
+42,913
| +34% | +$905K |
|
1769
ChargePoint
CHPT
$142M
| $3.67M | ﹤0.01% |
20,864
+4,649
| +29% | +$815K |
|
1770
Capital Group US Multi-Sector Income ETF
CGMS
$5.21B
| $3.66M | ﹤0.01% |
+140,641
| New | +$3.68M |
|
1771
Keurig Dr Pepper
KDP
$43B
| $3.65M | ﹤0.01% |
116,849
+15,619
| +15% | +$513K |
|
|
RFI
1772
Cohen & Steers Total Return Realty Fund
RFI
$311M
| $3.65M | ﹤0.01% |
319,929
+18,558
| +6% | +$214K |
|
1773
Global X FinTech ETF
FINX
$173M
| $3.65M | ﹤0.01% |
165,284
-6,879
| -4% | -$144K |
|
1774
Global X Adaptive US Risk Management ETF
ONOF
$137M
| $3.64M | ﹤0.01% |
123,778
-324
| -0.3% | -$9.04K |
|
1775
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.91B
| $3.64M | ﹤0.01% |
202,945
+34,770
| +21% | +$632K |
|
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.