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 | |
|---|---|---|---|---|---|---|
2451
Littelfuse
LFUS
$11.3B
| $1.67M | ﹤0.01% |
6,771
-1,336
| -16% | -$362K |
|
2452
Sensata Technologies
ST
$6.81B
| $1.67M | ﹤0.01% |
44,028
+16,930
| +62% | +$683K |
|
|
MCR
2453
DELISTED
MFS Charter Income Trust
MCR
| $1.66M | ﹤0.01% |
284,002
-16,848
| -6% | -$103K |
|
2454
Takeda Pharmaceutical
TAK
$53.7B
| $1.66M | ﹤0.01% |
107,286
-870
| -0.8% | -$13.5K |
|
|
ASGI
2455
abrdn Global Infrastructure Income Fund
ASGI
$744M
| $1.66M | ﹤0.01% |
102,938
+34,422
| +50% | +$601K |
|
|
CHX
2456
DELISTED
ChampionX
CHX
| $1.66M | ﹤0.01% |
46,496
+14,397
| +45% | +$512K |
|
2457
Wendy's
WEN
$1.43B
| $1.65M | ﹤0.01% |
80,862
-2,095
| -3% | -$43.8K |
|
2458
Boston Beer
SAM
$1.94B
| $1.65M | ﹤0.01% |
4,236
+272
| +7% | +$95.3K |
|
2459
Home BancShares
HOMB
$6.27B
| $1.65M | ﹤0.01% |
78,787
+33,700
| +75% | +$767K |
|
|
CADE
2460
DELISTED
Cadence Bank
CADE
| $1.65M | ﹤0.01% |
77,735
-18,176
| -19% | -$410K |
|
2461
SGI US Large Cap Core ETF
SGLC
$208M
| $1.65M | ﹤0.01% |
+61,017
| New | +$1.7M |
|
2462
Halozyme
HALO
$9.76B
| $1.65M | ﹤0.01% |
43,120
+4,738
| +12% | +$194K |
|
|
DPG
2463
Duff & Phelps Utility and Infrastructure Fund
DPG
$523M
| $1.64M | ﹤0.01% |
190,638
-89,353
| -32% | -$854K |
|
2464
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.71B
| $1.64M | ﹤0.01% |
36,486
-3,995
| -10% | -$188K |
|
2465
Iridium Communications
IRDM
$5.12B
| $1.64M | ﹤0.01% |
36,093
+1,884
| +6% | +$97.6K |
|
2466
Victory Capital Holdings
VCTR
$6.49B
| $1.64M | ﹤0.01% |
49,216
+3,364
| +7% | +$112K |
|
2467
Xtrackers Russell US Multifactor ETF
DEUS
$302M
| $1.64M | ﹤0.01% |
38,092
+433
| +1% | +$19.4K |
|
2468
Teucrium Sugar Fund
CANE
$56.3M
| $1.64M | ﹤0.01% |
+110,892
| New | +$1.53M |
|
2469
State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
$29.3M
| $1.64M | ﹤0.01% |
17,412
-915
| -5% | -$89.6K |
|
|
INST
2470
DELISTED
Instructure Holdings, Inc.
INST
| $1.64M | ﹤0.01% |
64,465
+2,722
| +4% | +$70.5K |
|
2471
Clearway Energy Class C
CWEN
$4.99B
| $1.64M | ﹤0.01% |
77,379
+8,370
| +12% | +$213K |
|
2472
Haemonetics
HAE
$3.94B
| $1.64M | ﹤0.01% |
18,533
+1,991
| +12% | +$178K |
|
|
NFJ
2473
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.42B
| $1.64M | ﹤0.01% |
144,374
+2,760
| +2% | +$33.8K |
|
2474
Innovator US Equity Power Buffer ETF January
PJAN
$1.44B
| $1.63M | ﹤0.01% |
46,969
+14,552
| +45% | +$514K |
|
2475
Universal Health Services
UHS
$10.2B
| $1.63M | ﹤0.01% |
12,992
+379
| +3% | +$51.7K |
|
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.