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 MBS ETF
MBB
|
+$272M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$205M |
| 4 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$193M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$165M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$363M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$162M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$100M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$89.5M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$77.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.07% |
| 2 | Healthcare | 3.26% |
| 3 | Financials | 3.13% |
| 4 | Industrials | 2.22% |
| 5 | Consumer Discretionary | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EFR
2501
Eaton Vance Senior Floating-Rate Fund
EFR
$314M
| $1.2M | ﹤0.01% |
110,005
+1,247
| +1% | +$14K |
|
|
CEQP
2502
DELISTED
Crestwood Equity Partners LP
CEQP
| $1.2M | ﹤0.01% |
45,869
+6,519
| +17% | +$188K |
|
|
GERM
2503
DELISTED
Amplify Treatments, Testing and Advancements ETF
GERM
| $1.2M | ﹤0.01% |
53,591
-7,685
| -13% | -$173K |
|
2504
Fidelity Stocks for Inflation ETF
FCPI
$276M
| $1.2M | ﹤0.01% |
38,647
-2,127
| -5% | -$66.5K |
|
|
QQQN
2505
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $1.2M | ﹤0.01% |
49,746
-3,091
| -6% | -$74.5K |
|
2506
Euronet Worldwide
EEFT
$2.8B
| $1.19M | ﹤0.01% |
12,636
+282
| +2% | +$24.4K |
|
2507
Nuveen Short-Term REIT ETF
NURE
$36M
| $1.19M | ﹤0.01% |
41,956
-16,088
| -28% | -$475K |
|
2508
Roundhill Ball Metaverse ETF
METV
$213M
| $1.19M | ﹤0.01% |
165,669
-7,458
| -4% | -$55.7K |
|
|
AIVC
2509
Amplify Bloomberg AI Equal Weight ETF
AIVC
$117M
| $1.18M | ﹤0.01% |
40,094
-3,718
| -8% | -$107K |
|
2510
Cracker Barrel
CBRL
$1.29B
| $1.18M | ﹤0.01% |
12,499
+731
| +6% | +$76.2K |
|
|
COUP
2511
DELISTED
Coupa Software Incorporated
COUP
| $1.18M | ﹤0.01% |
14,952
+11,460
| +328% | +$686K |
|
|
ENV
2512
DELISTED
ENVESTNET, INC.
ENV
| $1.18M | ﹤0.01% |
18,955
+3,068
| +19% | +$163K |
|
2513
Calix
CALX
$2.35B
| $1.18M | ﹤0.01% |
17,229
+2,965
| +21% | +$199K |
|
2514
Vail Resorts
MTN
$5.32B
| $1.18M | ﹤0.01% |
4,946
+383
| +8% | +$89.9K |
|
2515
VanEck Uranium + Nuclear Energy ETF
NLR
$3.96B
| $1.18M | ﹤0.01% |
21,467
+8,669
| +68% | +$470K |
|
2516
Alamos Gold
AGI
$12B
| $1.17M | ﹤0.01% |
115,931
+9,566
| +9% | +$84.2K |
|
|
TBLU
2517
Tortoise Global Water ETF
TBLU
$57.5M
| $1.17M | ﹤0.01% |
31,819
-31
| -0.1% | -$1.12K |
|
2518
ONE Gas
OGS
$4.92B
| $1.17M | ﹤0.01% |
15,454
-412
| -3% | -$31.8K |
|
2519
StoneX
SNEX
$9.22B
| $1.17M | ﹤0.01% |
62,157
+815
| +1% | +$15.1K |
|
|
AQUA
2520
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.17M | ﹤0.01% |
29,539
-72,496
| -71% | -$2.85M |
|
2521
Dorman Products
DORM
$3.82B
| $1.17M | ﹤0.01% |
14,337
+592
| +4% | +$50.3K |
|
2522
Trex
TREX
$4.66B
| $1.17M | ﹤0.01% |
27,601
-143,036
| -84% | -$6.49M |
|
|
PDM
2523
Piedmont Realty Trust
PDM
$1.24B
| $1.17M | ﹤0.01% |
127,324
-250
| -0.2% | -$2.47K |
|
|
DMB
2524
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$193M
| $1.17M | ﹤0.01% |
111,054
-35,628
| -24% | -$382K |
|
2525
Global X Video Games & Esports ETF
HERO
$65.4M
| $1.17M | ﹤0.01% |
62,165
-10,285
| -14% | -$187K |
|
Similar funds
LPL Financial's Q4 2022 Portfolio in Review
As of Q4 2022, LPL Financial held 4,669 positions worth $117B, up 13% from $104B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $6.24B of net new capital in Q4 2022, opening 252 new positions and adding to 2,329 existing holdings. Its largest new stake was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 5.1% of assets, down from 5.5% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $363M trimmed.
- LPL Financial's largest Q4 2022 buy was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q4 2022, an estimated $272M increase.
- LPL Financial's biggest Q4 2022 reduction was iShares US Treasury Bond ETF, cutting an estimated $363M.
- LPL Financial fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q4 2022, selling an estimated $26.9M.
- LPL Financial's ten largest holdings make up 17% of its $117B portfolio in Q4 2022.
- LPL Financial opened 252 new positions and closed 216 in Q4 2022.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $117B.
Based on LPL Financial's 13F filing for Q4 2022, filed 7 Feb 2023.