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 Small-Cap ETF
IJR
|
+$570M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$501M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$240M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$239M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$392M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$284M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$266M |
| 4 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$130M |
| 5 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.54% |
| 2 | Healthcare | 3.12% |
| 3 | Financials | 3.03% |
| 4 | Consumer Discretionary | 2.7% |
| 5 | Industrials | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
FlexShares Global Quality Real Estate Index Fund
GQRE
$425M
| $1.08M | ﹤0.01% |
21,651
+539
| +3% | +$31.3K |
|
2477
Lloyds Banking Group
LYG
$90.7B
| $1.08M | ﹤0.01% |
605,823
+101,705
| +20% | +$211K |
|
|
ISD
2478
PGIM High Yield Bond Fund
ISD
$415M
| $1.08M | ﹤0.01% |
93,855
-52,419
| -36% | -$663K |
|
2479
Barclays
BCS
$93.7B
| $1.08M | ﹤0.01% |
169,117
+128,048
| +312% | +$987K |
|
2480
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.27B
| $1.08M | ﹤0.01% |
29,351
+10,151
| +53% | +$408K |
|
2481
iShares International Equity Factor ETF
INTF
$3.64B
| $1.08M | ﹤0.01% |
51,587
+14,777
| +40% | +$346K |
|
2482
RUM Group Inc
RUM
$1.73B
| $1.08M | ﹤0.01% |
87,898
+31,507
| +56% | +$345K |
|
2483
Global X E-commerce ETF
EBIZ
$29M
| $1.08M | ﹤0.01% |
70,952
-26,587
| -27% | -$467K |
|
|
IDE
2484
Voya Infrastructure, Industrials and Materials Fund
IDE
$198M
| $1.07M | ﹤0.01% |
121,565
-2,852
| -2% | -$28K |
|
2485
FlexShares International Quality Dividend Index Fund
IQDF
$1.15B
| $1.07M | ﹤0.01% |
60,289
-8,896
| -13% | -$178K |
|
2486
Inspire Small/Mid Cap Impact ETF
ISMD
$341M
| $1.07M | ﹤0.01% |
39,177
+3,375
| +9% | +$103K |
|
|
GORV
2487
DELISTED
Lazydays
GORV
| $1.07M | ﹤0.01% |
2,648
+215
| +9% | +$95K |
|
2488
Kosmos Energy
KOS
$1.52B
| $1.07M | ﹤0.01% |
207,315
+116,079
| +127% | +$703K |
|
|
CGC
2489
Canopy Growth
CGC
$405M
| $1.07M | ﹤0.01% |
39,216
+703
| +2% | +$21.7K |
|
|
IGD
2490
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$516M
| $1.07M | ﹤0.01% |
213,962
+25,501
| +14% | +$139K |
|
2491
RB Global
RBA
$20.9B
| $1.06M | ﹤0.01% |
17,036
-2,215
| -12% | -$151K |
|
2492
Flowers Foods
FLO
$1.52B
| $1.06M | ﹤0.01% |
43,074
-395
| -0.9% | -$10.7K |
|
|
ZEN
2493
DELISTED
ZENDESK INC
ZEN
| $1.06M | ﹤0.01% |
13,967
-1,965
| -12% | -$149K |
|
2494
Itaú Unibanco
ITUB
$93.4B
| $1.06M | ﹤0.01% |
232,628
-8,578
| -4% | -$36.6K |
|
2495
Saic
SAIC
$5.09B
| $1.05M | ﹤0.01% |
11,924
-411
| -3% | -$38.3K |
|
2496
BlackRock MuniYield Quality Fund
MQY
$805M
| $1.05M | ﹤0.01% |
95,301
-11,957
| -11% | -$150K |
|
|
EVOP
2497
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $1.05M | ﹤0.01% |
31,619
-3,853
| -11% | -$119K |
|
2498
STAAR Surgical
STAA
$1.19B
| $1.05M | ﹤0.01% |
14,918
-428
| -3% | -$36.6K |
|
2499
Community Bank
CBU
$3.51B
| $1.05M | ﹤0.01% |
17,480
+1
| +0% | +$66 |
|
2500
Nuveen California Municipal Value Fund
NCA
$296M
| $1.05M | ﹤0.01% |
127,183
+15,528
| +14% | +$138K |
|
Similar funds
LPL Financial's Q3 2022 Portfolio in Review
As of Q3 2022, LPL Financial held 4,600 positions worth $104B, down 1.5% from $105B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $4.57B of net new capital in Q3 2022, opening 186 new positions and adding to 2,380 existing holdings. Its largest new stake was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, down from 5.7% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Blackstone Senior Loan ETF, an estimated $392M trimmed.
- LPL Financial's largest Q3 2022 buy was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q3 2022, an estimated $570M increase.
- LPL Financial's biggest Q3 2022 reduction was State Street Blackstone Senior Loan ETF, cutting an estimated $392M.
- LPL Financial fully exited Global X MSCI China Consumer Staples ETF in Q3 2022, selling an estimated $8.9M.
- LPL Financial's ten largest holdings make up 18% of its $104B portfolio in Q3 2022.
- LPL Financial opened 186 new positions and closed 183 in Q3 2022.
- LPL Financial's portfolio value fell 1.5% quarter-over-quarter to $104B.
Based on LPL Financial's 13F filing for Q3 2022, filed 14 Nov 2022.