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 | |
|---|---|---|---|---|---|---|
|
COOP
2551
DELISTED
Mr. Cooper
COOP
| $1.13M | ﹤0.01% |
28,174
+18,138
| +181% | +$766K |
|
|
LHCG
2552
DELISTED
LHC Group LLC
LHCG
| $1.13M | ﹤0.01% |
6,991
-44
| -0.6% | -$7.27K |
|
2553
Sabra Healthcare REIT
SBRA
$5.2B
| $1.13M | ﹤0.01% |
90,928
-147,987
| -62% | -$1.89M |
|
2554
EastGroup Properties
EGP
$11.2B
| $1.13M | ﹤0.01% |
7,631
-323
| -4% | -$48.7K |
|
|
OSG
2555
Octave Specialty Group
OSG
$255M
| $1.13M | ﹤0.01% |
64,641
-15,392
| -19% | -$229K |
|
2556
Resources Connection
RGP
$153M
| $1.13M | ﹤0.01% |
61,324
+44,675
| +268% | +$821K |
|
2557
Global X E-commerce ETF
EBIZ
$29.1M
| $1.13M | ﹤0.01% |
69,619
-1,333
| -2% | -$21.3K |
|
2558
Halozyme
HALO
$9.76B
| $1.13M | ﹤0.01% |
19,786
+4,904
| +33% | +$251K |
|
2559
AutoNation
AN
$7.12B
| $1.12M | ﹤0.01% |
10,459
-60,244
| -85% | -$6.66M |
|
|
VSTO
2560
DELISTED
Vista Outdoor Inc.
VSTO
| $1.12M | ﹤0.01% |
45,894
-91,075
| -66% | -$2.39M |
|
|
EQIN
2561
Columbia U.S. Equity Income ETF
EQIN
$309M
| $1.12M | ﹤0.01% |
29,848
+10,157
| +52% | +$371K |
|
2562
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$459M
| $1.12M | ﹤0.01% |
40,249
+1,383
| +4% | +$36.7K |
|
2563
Innovator US Equity Buffer ETF November
BNOV
$212M
| $1.11M | ﹤0.01% |
+37,442
| New | +$1.11M |
|
2564
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$176M
| $1.11M | ﹤0.01% |
25,039
+1,443
| +6% | +$63.1K |
|
2565
Logitech
LOGI
$15.1B
| $1.11M | ﹤0.01% |
17,872
-906
| -5% | -$49.6K |
|
2566
Bath & Body Works
BBWI
$4.23B
| $1.11M | ﹤0.01% |
26,304
-26,479
| -50% | -$987K |
|
2567
Western Alliance Bancorporation
WAL
$9.04B
| $1.11M | ﹤0.01% |
18,605
+7,950
| +75% | +$515K |
|
2568
Global X Artificial Intelligence & Technology ETF
AIQ
$10.5B
| $1.11M | ﹤0.01% |
55,122
-4,139
| -7% | -$83.4K |
|
2569
Affiliated Managers Group
AMG
$10.1B
| $1.11M | ﹤0.01% |
6,992
+281
| +4% | +$39.8K |
|
2570
Thor Industries
THO
$4.03B
| $1.11M | ﹤0.01% |
14,666
-202
| -1% | -$16.2K |
|
2571
Helmerich & Payne
HP
$3.41B
| $1.1M | ﹤0.01% |
22,235
-1,394
| -6% | -$66.4K |
|
|
NVEE
2572
DELISTED
NV5 Global
NVEE
| $1.1M | ﹤0.01% |
33,164
-1,944
| -6% | -$67.6K |
|
2573
Rayonier
RYN
$6.48B
| $1.1M | ﹤0.01% |
36,674
+10,416
| +40% | +$320K |
|
|
FSD
2574
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.09M | ﹤0.01% |
95,585
+5,109
| +6% | +$56.9K |
|
2575
NCR Voyix
VYX
$1.19B
| $1.09M | ﹤0.01% |
76,183
-3,935
| -5% | -$52.3K |
|
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.