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 | |
|---|---|---|---|---|---|---|
2126
PUT
ExxonMobil
XOM
$642B
| $2.81M | ﹤0.01% |
28,100
+18,400
| +190% | +$1.93M |
|
2127
Nuveen ESG International Developed Markets Equity ETF
NUDM
$710M
| $2.81M | ﹤0.01% |
95,446
+15,861
| +20% | +$441K |
|
2128
BlackRock Floating Rate Income Trust
BGT
$323M
| $2.81M | ﹤0.01% |
226,697
+35,727
| +19% | +$427K |
|
2129
Westlake Corp
WLK
$8.84B
| $2.81M | ﹤0.01% |
20,049
-133
| -0.7% | -$16.9K |
|
2130
Transocean
RIG
$5.72B
| $2.81M | ﹤0.01% |
441,810
+120,543
| +38% | +$807K |
|
|
EMD
2131
Western Asset Emerging Markets Debt Fund
EMD
$613M
| $2.8M | ﹤0.01% |
304,266
-47,007
| -13% | -$403K |
|
2132
Crane Co
CR
$12.7B
| $2.79M | ﹤0.01% |
23,656
-3,649
| -13% | -$368K |
|
2133
Arrow Electronics
ARW
$11.1B
| $2.77M | ﹤0.01% |
22,646
+8,566
| +61% | +$1.02M |
|
2134
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$846M
| $2.75M | ﹤0.01% |
113,880
+100,360
| +742% | +$2.38M |
|
|
PMT
2135
PennyMac Mortgage Investment
PMT
$822M
| $2.75M | ﹤0.01% |
184,261
+743
| +0.4% | +$9.96K |
|
2136
WisdomTree International Efficient Core Fund
NTSI
$496M
| $2.75M | ﹤0.01% |
77,033
+45,681
| +146% | +$1.5M |
|
2137
SiteOne Landscape Supply
SITE
$4.33B
| $2.75M | ﹤0.01% |
16,899
-17
| -0.1% | -$2.48K |
|
2138
ITT
ITT
$17.7B
| $2.74M | ﹤0.01% |
22,999
+3,092
| +16% | +$325K |
|
2139
AdvisorShares Focused Equity ETF
CWS
$132M
| $2.74M | ﹤0.01% |
46,230
+1,660
| +4% | +$89.4K |
|
2140
Lincoln Electric
LECO
$14.6B
| $2.74M | ﹤0.01% |
12,605
+41
| +0.3% | +$7.91K |
|
2141
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$234M
| $2.73M | ﹤0.01% |
138,903
+29,759
| +27% | +$555K |
|
2142
Pinduoduo
PDD
$128B
| $2.73M | ﹤0.01% |
18,684
+6,802
| +57% | +$825K |
|
2143
Tenet Healthcare
THC
$20.1B
| $2.73M | ﹤0.01% |
36,127
-2,460
| -6% | -$156K |
|
2144
Guidewire Software
GWRE
$13.1B
| $2.73M | ﹤0.01% |
25,033
+3,370
| +16% | +$322K |
|
2145
Global X Social Media ETF
SOCL
$93M
| $2.73M | ﹤0.01% |
67,542
-443
| -0.7% | -$16.6K |
|
2146
Amkor Technology
AMKR
$12.6B
| $2.72M | ﹤0.01% |
81,854
+17,056
| +26% | +$448K |
|
|
HQH
2147
abrdn Healthcare Investors
HQH
$1.27B
| $2.71M | ﹤0.01% |
163,844
-39,861
| -20% | -$613K |
|
2148
Lloyds Banking Group
LYG
$90.8B
| $2.71M | ﹤0.01% |
1,135,670
+146,304
| +15% | +$313K |
|
2149
New Fortress Energy
NFE
$95.9M
| $2.71M | ﹤0.01% |
71,936
+11,204
| +18% | +$386K |
|
2150
Sarepta Therapeutics
SRPT
$1.66B
| $2.71M | ﹤0.01% |
28,138
+126
| +0.4% | +$12.1K |
|
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.