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 | |
|---|---|---|---|---|---|---|
1776
Innovator US Equity Buffer ETF April
BAPR
$405M
| $3.64M | ﹤0.01% |
101,687
-954
| -0.9% | -$32.6K |
|
1777
CubeSmart
CUBE
$9.34B
| $3.64M | ﹤0.01% |
81,445
+1,912
| +2% | +$86.8K |
|
1778
Enovix
ENVX
$912M
| $3.64M | ﹤0.01% |
230,362
+87,424
| +61% | +$1.02M |
|
1779
UGI
UGI
$7.76B
| $3.64M | ﹤0.01% |
134,823
+6,052
| +5% | +$184K |
|
1780
Campbell Soup
CPB
$6.58B
| $3.63M | ﹤0.01% |
79,400
-38,935
| -33% | -$2.01M |
|
1781
Sarepta Therapeutics
SRPT
$1.64B
| $3.63M | ﹤0.01% |
31,687
+3,068
| +11% | +$396K |
|
1782
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $3.63M | ﹤0.01% |
47,928
+4,153
| +9% | +$315K |
|
1783
BlackRock Debt Strategies Fund
DSU
$591M
| $3.61M | ﹤0.01% |
368,460
+32,559
| +10% | +$311K |
|
1784
Amplify BlackSwan Growth & Treasure Core ETF
SWAN
$157M
| $3.6M | ﹤0.01% |
140,052
+98,585
| +238% | +$2.52M |
|
1785
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$692M
| $3.6M | ﹤0.01% |
59,941
-14,729
| -20% | -$890K |
|
1786
Invesco S&P SmallCap Information Technology ETF
PSCT
$493M
| $3.6M | ﹤0.01% |
73,236
-5,007
| -6% | -$219K |
|
1787
Manhattan Associates
MANH
$11.1B
| $3.6M | ﹤0.01% |
17,989
+989
| +6% | +$172K |
|
1788
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $3.59M | ﹤0.01% |
60,404
-524
| -0.9% | -$32K |
|
1789
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
| $3.59M | ﹤0.01% |
3,117
+85
| +3% | +$98.1K |
|
1790
Fair Isaac
FICO
$26.4B
| $3.58M | ﹤0.01% |
4,424
-1,081
| -20% | -$811K |
|
1791
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
| $3.58M | ﹤0.01% |
39,411
-2,184
| -5% | -$196K |
|
1792
NiSource
NI
$21.6B
| $3.57M | ﹤0.01% |
130,641
+17,087
| +15% | +$474K |
|
1793
Coca-Cola Femsa
KOF
$22.9B
| $3.57M | ﹤0.01% |
42,834
-3,553
| -8% | -$304K |
|
1794
VanEck CEF Muni Income ETF
XMPT
$220M
| $3.57M | ﹤0.01% |
168,727
-26,011
| -13% | -$550K |
|
1795
Plug Power
PLUG
$2.92B
| $3.56M | ﹤0.01% |
342,486
+36,069
| +12% | +$328K |
|
1796
Healthcare Realty
HR
$7.46B
| $3.54M | ﹤0.01% |
187,878
-5,705
| -3% | -$110K |
|
1797
JB Hunt Transport Services
JBHT
$25.3B
| $3.54M | ﹤0.01% |
19,531
-10,856
| -36% | -$1.89M |
|
|
WCC
1798
WESCO International
WCC
$16.7B
| $3.53M | ﹤0.01% |
19,722
+11,827
| +150% | +$1.72M |
|
1799
iShares Russell Top 200 Value ETF
IWX
$3.96B
| $3.53M | ﹤0.01% |
52,353
+6,655
| +15% | +$438K |
|
1800
Invesco BulletShares 2028 Municipal Bond ETF
BSMS
$310M
| $3.53M | ﹤0.01% |
150,905
+29,132
| +24% | +$684K |
|
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.