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 | |
|---|---|---|---|---|---|---|
2576
Lantheus
LNTH
$6.58B
| $1.09M | ﹤0.01% |
21,393
-27,546
| -56% | -$1.7M |
|
2577
Pacer Trendpilot Fund of Funds ETF
TRND
$63.1M
| $1.09M | ﹤0.01% |
41,643
-12,257
| -23% | -$328K |
|
2578
First Trust RiverFront Dynamic Developed International ETF
RFDI
$166M
| $1.08M | ﹤0.01% |
20,266
+299
| +1% | +$15.3K |
|
|
PSMG
2579
DELISTED
Invesco Growth Multi-Asset Allocation ETF
PSMG
| $1.07M | ﹤0.01% |
65,893
+9,996
| +18% | +$161K |
|
2580
Comstock Resources
CRK
$3.84B
| $1.07M | ﹤0.01% |
78,347
+195
| +0.2% | +$3.33K |
|
2581
Timothy Plan US Large/Mid Cap Core ETF
TPLC
$311M
| $1.07M | ﹤0.01% |
32,006
+16,555
| +107% | +$547K |
|
2582
Equitable Holdings
EQH
$13.2B
| $1.07M | ﹤0.01% |
37,223
-1,081
| -3% | -$32K |
|
|
PML
2583
PIMCO Municipal Income Fund II
PML
$486M
| $1.07M | ﹤0.01% |
118,007
+95,554
| +426% | +$889K |
|
2584
Webster Financial
WBS
$12.7B
| $1.07M | ﹤0.01% |
22,520
+10,755
| +91% | +$539K |
|
2585
Sonoco
SON
$5.69B
| $1.07M | ﹤0.01% |
17,551
-121
| -0.7% | -$7.27K |
|
2586
Nelnet
NNI
$4.97B
| $1.06M | ﹤0.01% |
11,733
+1,417
| +14% | +$129K |
|
2587
Portillo's
PTLO
$324M
| $1.06M | ﹤0.01% |
65,213
-850
| -1% | -$17K |
|
2588
Franklin International Aggregate Bond ETF
FLIA
$767M
| $1.06M | ﹤0.01% |
55,414
+17,883
| +48% | +$391K |
|
2589
Community Bank
CBU
$3.53B
| $1.06M | ﹤0.01% |
16,897
-583
| -3% | -$36.5K |
|
2590
PUT
iShares Russell 2000 ETF
IWM
$82.7B
| $1.06M | ﹤0.01% |
6,100
+1,000
| +20% | +$178K |
|
2591
Axcelis
ACLS
$4.24B
| $1.06M | ﹤0.01% |
13,400
-3,861
| -22% | -$272K |
|
|
WBND
2592
DELISTED
Western Asset Total Return ETF
WBND
| $1.06M | ﹤0.01% |
52,872
+10,126
| +24% | +$200K |
|
2593
Takeda Pharmaceutical
TAK
$53B
| $1.06M | ﹤0.01% |
68,153
+54,384
| +395% | +$760K |
|
|
NIE
2594
Virtus Equity & Convertible Income Fund
NIE
$728M
| $1.06M | ﹤0.01% |
58,243
-8,352
| -13% | -$173K |
|
|
GGN
2595
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$773M
| $1.06M | ﹤0.01% |
292,295
-148,550
| -34% | -$517K |
|
2596
Global Ship Lease
GSL
$1.56B
| $1.06M | ﹤0.01% |
63,724
+16,723
| +36% | +$288K |
|
2597
Suburban Propane Partners
SPH
$1.2B
| $1.06M | ﹤0.01% |
69,890
-2,440
| -3% | -$39.1K |
|
|
SNLN
2598
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $1.06M | ﹤0.01% |
72,653
+1,870
| +3% | +$27.5K |
|
2599
Chord Energy
CHRD
$7.72B
| $1.06M | ﹤0.01% |
7,720
-1,817
| -19% | -$266K |
|
2600
Invesco Trust Investment Grade Municipals
VGM
$554M
| $1.06M | ﹤0.01% |
105,065
-3,754
| -3% | -$35.9K |
|
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.