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
|
+$374M |
| 2 |
SPYM
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$242M |
| 3 |
FT Vest Fund of Buffer ETFs
BUFR
|
+$242M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$240M |
| 5 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$205M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Growth ETF
EFG
|
+$147M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$116M |
| 3 |
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
|
+$71M |
| 4 |
Vanguard Russell 1000 Value ETF
VONV
|
+$64.6M |
| 5 |
iShare MSCI Eurozone ETF
EZU
|
+$64.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.89% |
| 2 | Financials | 3.17% |
| 3 | Healthcare | 2.77% |
| 4 | Consumer Discretionary | 2.65% |
| 5 | Industrials | 2.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
iShares iBonds Dec 2032 Term Corporate ETF
IBDX
$1.7B
| $3.94M | ﹤0.01% |
156,236
+119,405
| +324% | +$2.85M |
|
1852
Royce Quant Small-Cap Quality Value ETF
SQLV
$29.2M
| $3.94M | ﹤0.01% |
95,687
+5,544
| +6% | +$204K |
|
1853
Mettler-Toledo International
MTD
$28.6B
| $3.94M | ﹤0.01% |
3,248
-708
| -18% | -$766K |
|
1854
Okta
OKTA
$24.7B
| $3.93M | ﹤0.01% |
43,412
+2,601
| +6% | +$198K |
|
1855
Motley Fool Global Opportunities ETF
TMFG
$355M
| $3.93M | ﹤0.01% |
141,211
-372
| -0.3% | -$9.95K |
|
1856
Franco-Nevada
FNV
$41.1B
| $3.92M | ﹤0.01% |
35,347
-11,330
| -24% | -$1.38M |
|
1857
Motley Fool Small-Cap Growth ETF
TMFS
$57.6M
| $3.91M | ﹤0.01% |
127,497
+894
| +0.7% | +$24.8K |
|
1858
Janus Henderson B-BBB CLO ETF
JBBB
$1.4B
| $3.91M | ﹤0.01% |
81,511
+74,272
| +1,026% | +$3.51M |
|
1859
Natera
NTRA
$38.3B
| $3.9M | ﹤0.01% |
62,328
+6,399
| +11% | +$320K |
|
1860
Synchrony
SYF
$24.7B
| $3.9M | ﹤0.01% |
102,211
-11,237
| -10% | -$356K |
|
1861
Ryanair
RYAAY
$30.4B
| $3.89M | ﹤0.01% |
73,015
-7,473
| -9% | -$328K |
|
1862
DoorDash
DASH
$85.5B
| $3.89M | ﹤0.01% |
39,310
+11,646
| +42% | +$1.03M |
|
1863
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$416M
| $3.88M | ﹤0.01% |
32,750
+622
| +2% | +$65.7K |
|
1864
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$593M
| $3.88M | ﹤0.01% |
46,141
-6,680
| -13% | -$556K |
|
1865
OneMain Financial
OMF
$7.2B
| $3.87M | ﹤0.01% |
78,601
-2,154
| -3% | -$87.9K |
|
|
PCN
1866
PIMCO Corporate & Income Strategy Fund
PCN
$870M
| $3.86M | ﹤0.01% |
311,070
+5,222
| +2% | +$62.4K |
|
1867
iShares World ex U.S. Carbon Transition Readiness Aware Active ETF
LCTD
$286M
| $3.85M | ﹤0.01% |
88,074
+37,719
| +75% | +$1.55M |
|
1868
Alerian Energy Infrastructure ETF
ENFR
$495M
| $3.85M | ﹤0.01% |
166,652
-8,269
| -5% | -$186K |
|
1869
Carlyle Group
CG
$16.6B
| $3.84M | ﹤0.01% |
94,414
+12,907
| +16% | +$425K |
|
1870
PUT
Organon & Co
OGN
$3.56B
| $3.84M | ﹤0.01% |
266,200
-50,100
| -16% | -$682K |
|
1871
Globus Medical
GMED
$10.7B
| $3.83M | ﹤0.01% |
71,912
+1,160
| +2% | +$56.5K |
|
1872
HSBC
HSBC
$365B
| $3.82M | ﹤0.01% |
94,345
+25,283
| +37% | +$979K |
|
|
FPI
1873
Farmland Partners
FPI
$408M
| $3.81M | ﹤0.01% |
305,414
+484
| +0.2% | +$5.6K |
|
1874
Innovator US Equity Buffer ETF April
BAPR
$407M
| $3.8M | ﹤0.01% |
99,546
-1,113
| -1% | -$40.3K |
|
1875
Invesco Bloomberg MVP Multi-factor ETF
BMVP
$104M
| $3.8M | ﹤0.01% |
93,785
+38,149
| +69% | +$1.44M |
|
Similar funds
LPL Financial's Q4 2023 Portfolio in Review
As of Q4 2023, LPL Financial held 4,981 positions worth $165B, up 16% from $143B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $8.14B of net new capital in Q4 2023, opening 301 new positions and adding to 2,632 existing holdings. Its largest new stake was Veralto: 345,362 shares worth $28.4M.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.5% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Growth ETF, an estimated $147M trimmed.
- LPL Financial's largest Q4 2023 buy was Veralto: 345,362 shares worth $28.4M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $374M increase.
- LPL Financial's biggest Q4 2023 reduction was iShares MSCI EAFE Growth ETF, cutting an estimated $147M.
- LPL Financial fully exited Invesco BulletShares 2023 Corporate Bond ETF in Q4 2023, selling an estimated $71M.
- LPL Financial's ten largest holdings make up 18% of its $165B portfolio in Q4 2023.
- LPL Financial opened 301 new positions and closed 188 in Q4 2023.
- LPL Financial's portfolio value rose 16% quarter-over-quarter to $165B.
Based on LPL Financial's 13F filing for Q4 2023, filed 14 Feb 2024.