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 | |
|---|---|---|---|---|---|---|
2276
CVR Energy
CVI
$3.31B
| $2.01M | ﹤0.01% |
58,934
+4,778
| +9% | +$163K |
|
2277
Thor Industries
THO
$4.03B
| $2M | ﹤0.01% |
21,073
+4,224
| +25% | +$441K |
|
|
RA
2278
Brookfield Real Assets Income Fund
RA
$709M
| $2M | ﹤0.01% |
163,585
-18,352
| -10% | -$280K |
|
2279
Universal Display
OLED
$3.67B
| $2M | ﹤0.01% |
12,745
+3,383
| +36% | +$514K |
|
|
GOOD
2280
Gladstone Commercial Corp
GOOD
$604M
| $2M | ﹤0.01% |
164,274
-14,601
| -8% | -$192K |
|
2281
Goldman Sachs Hedge Industry VIP ETF
GVIP
$569M
| $2M | ﹤0.01% |
23,346
+484
| +2% | +$42.2K |
|
2282
IQ Candriam US Large Cap Equity ETF
IQSU
$336M
| $1.99M | ﹤0.01% |
53,357
+2,761
| +5% | +$107K |
|
2283
VanEck Digital Transformation ETF
DAPP
$238M
| $1.99M | ﹤0.01% |
363,580
+60,787
| +20% | +$426K |
|
2284
VanEck CEF Muni Income ETF
XMPT
$218M
| $1.99M | ﹤0.01% |
105,383
-63,344
| -38% | -$1.3M |
|
2285
New Fortress Energy
NFE
$95.9M
| $1.99M | ﹤0.01% |
60,732
+21,409
| +54% | +$629K |
|
2286
SS&C Technologies
SSNC
$18.6B
| $1.99M | ﹤0.01% |
37,841
-253
| -0.7% | -$14.5K |
|
2287
AerCap
AER
$24.2B
| $1.99M | ﹤0.01% |
31,681
+5,575
| +21% | +$351K |
|
2288
Orion
OEC
$385M
| $1.98M | ﹤0.01% |
93,160
+1,618
| +2% | +$35.3K |
|
2289
3D Systems Corp
DDD
$462M
| $1.97M | ﹤0.01% |
402,216
-99,007
| -20% | -$710K |
|
2290
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.27B
| $1.97M | ﹤0.01% |
48,146
+3,477
| +8% | +$148K |
|
|
CRUZ
2291
DELISTED
Defiance Hotel, Airline, and Cruise ETF
CRUZ
| $1.97M | ﹤0.01% |
105,277
+51,251
| +95% | +$1.05M |
|
|
HQL
2292
abrdn Life Sciences Investors
HQL
$586M
| $1.97M | ﹤0.01% |
157,691
-2,862
| -2% | -$37.6K |
|
2293
Sonoco
SON
$5.58B
| $1.97M | ﹤0.01% |
36,173
+11,638
| +47% | +$659K |
|
2294
Nuveen ESG Emerging Markets Equity ETF
NUEM
$372M
| $1.97M | ﹤0.01% |
74,957
+1,537
| +2% | +$41.8K |
|
2295
Commercial Metals
CMC
$7.77B
| $1.96M | ﹤0.01% |
39,763
+3,282
| +9% | +$178K |
|
|
JPI
2296
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $1.96M | ﹤0.01% |
114,037
+34,115
| +43% | +$587K |
|
2297
Five Below
FIVE
$12B
| $1.96M | ﹤0.01% |
12,163
+1,511
| +14% | +$276K |
|
2298
Invesco S&P SmallCap Industrials ETF
PSCI
$194M
| $1.95M | ﹤0.01% |
19,625
+4,773
| +32% | +$492K |
|
2299
WisdomTree Trust WisdomTree Emerging Markets Quality Dividend Growth Fund
DGRE
$143M
| $1.95M | ﹤0.01% |
87,409
+27,747
| +47% | +$637K |
|
2300
Guidewire Software
GWRE
$13.1B
| $1.95M | ﹤0.01% |
21,663
+4,412
| +26% | +$368K |
|
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.