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 | |
|---|---|---|---|---|---|---|
2601
VanEck India Growth Leaders ETF
GLIN
$93.6M
| $932K | ﹤0.01% |
28,956
-34,990
| -55% | -$1.18M |
|
2602
Magnolia Oil & Gas
MGY
$5.96B
| $931K | ﹤0.01% |
47,015
+3,590
| +8% | +$79.5K |
|
|
TRPA
2603
Hartford AAA CLO ETF
TRPA
$111M
| $931K | ﹤0.01% |
24,857
-26,372
| -51% | -$1.01M |
|
2604
Innovator US Equity Power Buffer ETF January
PJAN
$1.44B
| $929K | ﹤0.01% |
31,561
-27
| -0.1% | -$837 |
|
2605
Global X Social Media ETF
SOCL
$92.9M
| $929K | ﹤0.01% |
33,475
-2,956
| -8% | -$95.6K |
|
2606
Axos Financial
AX
$5.9B
| $928K | ﹤0.01% |
27,124
+1,213
| +5% | +$49.1K |
|
2607
BioNTech
BNTX
$23.3B
| $927K | ﹤0.01% |
6,875
+1,088
| +19% | +$166K |
|
2608
CBIZ
CBZ
$2.99B
| $925K | ﹤0.01% |
21,623
-1,064
| -5% | -$46.5K |
|
|
CNH
2609
CNH Industrial
CNH
$13.4B
| $924K | ﹤0.01% |
82,751
-9,156
| -10% | -$110K |
|
2610
A.O. Smith
AOS
$8.25B
| $923K | ﹤0.01% |
18,989
-6,559
| -26% | -$377K |
|
2611
First Trust RiverFront Dynamic Developed International ETF
RFDI
$166M
| $922K | ﹤0.01% |
19,967
-1,258
| -6% | -$67.1K |
|
2612
AMC Entertainment Holdings
AMC
$2.54B
| $921K | ﹤0.01% |
13,217
+782
| +6% | +$107K |
|
2613
Liberty Media Series C
FWONK
$24.5B
| $921K | ﹤0.01% |
16,286
+1,608
| +11% | +$99.5K |
|
2614
Unifirst Corp
UNF
$5.27B
| $921K | ﹤0.01% |
5,477
+644
| +13% | +$118K |
|
|
NXJ
2615
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $920K | ﹤0.01% |
83,516
+7,740
| +10% | +$96.3K |
|
2616
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.9M
| $920K | ﹤0.01% |
15,451
-1,992
| -11% | -$129K |
|
|
UNIT
2617
Uniti Group
UNIT
$2.34B
| $918K | ﹤0.01% |
132,135
-33,524
| -20% | -$311K |
|
|
AIO
2618
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$878M
| $917K | ﹤0.01% |
58,884
-22,038
| -27% | -$380K |
|
2619
Ashland
ASH
$3.29B
| $917K | ﹤0.01% |
9,656
+361
| +4% | +$36.7K |
|
2620
Array Technologies
ARRY
$872M
| $913K | ﹤0.01% |
55,071
-25,003
| -31% | -$432K |
|
|
FBRT
2621
Franklin BSP Realty Trust
FBRT
$643M
| $910K | ﹤0.01% |
70,542
+19,559
| +38% | +$269K |
|
2622
Energy Recovery
ERII
$459M
| $908K | ﹤0.01% |
41,769
+1,091
| +3% | +$24.6K |
|
|
FPI
2623
Farmland Partners
FPI
$418M
| $908K | ﹤0.01% |
71,654
+451
| +0.6% | +$6.42K |
|
2624
Wintrust Financial
WTFC
$10.9B
| $907K | ﹤0.01% |
11,125
-69
| -0.6% | -$5.86K |
|
2625
CALL
Bank of America
BAC
$438B
| $906K | ﹤0.01% |
30,000
| – | – |
|
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.