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
|
+$410M |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$316M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$271M |
| 4 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$225M |
| 5 |
FT Vest Fund of Buffer ETFs
BUFR
|
+$183M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$279M |
| 2 |
iShares US Technology ETF
IYW
|
+$142M |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$139M |
| 4 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$116M |
| 5 |
iShares MSCI EAFE Growth ETF
EFG
|
+$91.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.5% |
| 2 | Financials | 3.09% |
| 3 | Healthcare | 2.96% |
| 4 | Consumer Discretionary | 2.59% |
| 5 | Industrials | 2.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
UiPath
PATH
$6.74B
| $2.41M | ﹤0.01% |
140,630
-42,699
| -23% | -$711K |
|
2152
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$336M
| $2.4M | ﹤0.01% |
162,137
+464
| +0.3% | +$7.13K |
|
|
HPI
2153
John Hancock Preferred Income Fund
HPI
$430M
| $2.4M | ﹤0.01% |
164,883
+2,807
| +2% | +$42.6K |
|
2154
iShares Global Comm Services ETF
IXP
$576M
| $2.4M | ﹤0.01% |
35,140
+1,012
| +3% | +$70.5K |
|
2155
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$72.2M
| $2.4M | ﹤0.01% |
160,725
-4,098
| -2% | -$65.2K |
|
|
CTLT
2156
DELISTED
CATALENT, INC.
CTLT
| $2.4M | ﹤0.01% |
52,619
+40,661
| +340% | +$1.9M |
|
|
NS
2157
DELISTED
NuStar Energy L.P.
NS
| $2.4M | ﹤0.01% |
137,337
-705
| -0.5% | -$12K |
|
|
GENZ
2158
VanEck Digital Native Economy ETF
GENZ
$16.7M
| $2.38M | ﹤0.01% |
60,030
-2,425
| -4% | -$106K |
|
2159
Gladstone Investment Corp
GAIN
$658M
| $2.38M | ﹤0.01% |
186,563
-4,660
| -2% | -$60.9K |
|
2160
BlackRock TCP Capital
TCPC
$280M
| $2.37M | ﹤0.01% |
202,283
+27,041
| +15% | +$325K |
|
2161
Chemours
CC
$2.54B
| $2.37M | ﹤0.01% |
84,654
+7,514
| +10% | +$258K |
|
2162
First Trust India Nifty 50 Equal Weight ETF
NFTY
$118M
| $2.37M | ﹤0.01% |
48,669
+19,313
| +66% | +$928K |
|
2163
WisdomTree US Multifactor Fund
USMF
$298M
| $2.37M | ﹤0.01% |
61,518
-16,665
| -21% | -$652K |
|
2164
Imperial Oil
IMO
$61.4B
| $2.37M | ﹤0.01% |
38,400
+11,535
| +43% | +$632K |
|
2165
Honda
HMC
$38.5B
| $2.36M | ﹤0.01% |
70,040
+16,169
| +30% | +$520K |
|
2166
ESAB
ESAB
$5.63B
| $2.36M | ﹤0.01% |
33,538
+7,468
| +29% | +$520K |
|
|
SF
2167
Stifel
SF
$12.5B
| $2.35M | ﹤0.01% |
57,827
+7,172
| +14% | +$302K |
|
2168
Invesco DB Energy Fund
DBE
$86.6M
| $2.35M | ﹤0.01% |
100,482
+14,080
| +16% | +$315K |
|
2169
STF Tactical Growth ETF
TUG
$32.6M
| $2.35M | ﹤0.01% |
88,280
+3,473
| +4% | +$96.2K |
|
|
CIVI
2170
DELISTED
Civitas Resources
CIVI
| $2.35M | ﹤0.01% |
29,075
+5,531
| +23% | +$428K |
|
|
WNS
2171
DELISTED
WNS Holdings
WNS
| $2.35M | ﹤0.01% |
34,287
+15,614
| +84% | +$1.06M |
|
2172
Teleflex
TFX
$6.26B
| $2.35M | ﹤0.01% |
11,942
+1,259
| +12% | +$286K |
|
2173
Saia
SAIA
$9.32B
| $2.34M | ﹤0.01% |
5,879
-504
| -8% | -$203K |
|
2174
iShares Agency Bond ETF
AGZ
$563M
| $2.34M | ﹤0.01% |
22,141
-41
| -0.2% | -$4.37K |
|
|
ETO
2175
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$512M
| $2.34M | ﹤0.01% |
109,686
-4,650
| -4% | -$106K |
|
Similar funds
LPL Financial's Q3 2023 Portfolio in Review
As of Q3 2023, LPL Financial held 4,862 positions worth $143B, up 2.1% from $140B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $8.26B of net new capital in Q3 2023, opening 280 new positions and adding to 2,842 existing holdings. Its largest new stake was Toews Agility Shares Managed Risk ETF: 749,841 shares worth $20.9M.
By sector, the portfolio is most concentrated in Technology at 6.5% of assets, down from 6.6% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $279M trimmed.
- LPL Financial's largest Q3 2023 buy was Toews Agility Shares Managed Risk ETF: 749,841 shares worth $20.9M.
- LPL Financial added most to iShares Core S&P 500 ETF in Q3 2023, an estimated $410M increase.
- LPL Financial's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $279M.
- LPL Financial fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $23.3M.
- LPL Financial's ten largest holdings make up 18% of its $143B portfolio in Q3 2023.
- LPL Financial opened 280 new positions and closed 178 in Q3 2023.
- LPL Financial's portfolio value rose 2.1% quarter-over-quarter to $143B.
Based on LPL Financial's 13F filing for Q3 2023, filed 13 Nov 2023.