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 | |
|---|---|---|---|---|---|---|
2651
Helmerich & Payne
HP
$3.41B
| $874K | ﹤0.01% |
23,629
-2,900
| -11% | -$122K |
|
|
IBTX
2652
DELISTED
Independent Bank Group, Inc.
IBTX
| $874K | ﹤0.01% |
+14,233
| New | +$982K |
|
2653
Calix
CALX
$2.35B
| $872K | ﹤0.01% |
14,264
+4,070
| +40% | +$218K |
|
2654
Virtu Financial
VIRT
$5.12B
| $872K | ﹤0.01% |
41,993
+7,889
| +23% | +$181K |
|
2655
Artisan Partners
APAM
$2.99B
| $871K | ﹤0.01% |
32,346
+7,679
| +31% | +$270K |
|
|
CSML
2656
DELISTED
IndexIQ ETF Trust IQ U.S. Small Cap ETF
CSML
| $871K | ﹤0.01% |
30,157
-7,104
| -19% | -$226K |
|
2657
FIVE9
FIVN
$2.22B
| $869K | ﹤0.01% |
11,584
+36
| +0.3% | +$3.5K |
|
2658
Under Armour
UAA
$2.89B
| $865K | ﹤0.01% |
130,037
+11,932
| +10% | +$104K |
|
2659
Logitech
LOGI
$15.1B
| $864K | ﹤0.01% |
18,778
-311
| -2% | -$16.4K |
|
2660
Shake Shack
SHAK
$2.61B
| $863K | ﹤0.01% |
19,183
-196
| -1% | -$9.41K |
|
2661
iShares US Oil Equipment & Services ETF
IEZ
$356M
| $861K | ﹤0.01% |
59,786
-19,864
| -25% | -$311K |
|
2662
Burlington
BURL
$23.2B
| $860K | ﹤0.01% |
7,687
+4,517
| +142% | +$658K |
|
2663
Haemonetics
HAE
$3.94B
| $858K | ﹤0.01% |
11,593
-245
| -2% | -$17.6K |
|
2664
Blink Charging
BLNK
$78M
| $857K | ﹤0.01% |
48,371
-8,583
| -15% | -$176K |
|
2665
HCM Defender 100 Index ETF
QQH
$727M
| $856K | ﹤0.01% |
24,404
+5,577
| +30% | +$206K |
|
|
CIL
2666
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $854K | ﹤0.01% |
26,592
-8,284
| -24% | -$300K |
|
2667
Invesco S&P SmallCap Energy ETF
PSCE
$97.7M
| $852K | ﹤0.01% |
19,993
-6,216
| -24% | -$287K |
|
|
NOVA
2668
DELISTED
Sunnova Energy
NOVA
| $851K | ﹤0.01% |
38,530
+10,679
| +38% | +$259K |
|
2669
Sturm, Ruger & Co
RGR
$616M
| $850K | ﹤0.01% |
16,727
-3,172
| -16% | -$183K |
|
2670
AtriCure
ATRC
$1.97B
| $847K | ﹤0.01% |
21,655
-188
| -0.9% | -$8.6K |
|
2671
Jefferies Financial Group
JEF
$12.8B
| $847K | ﹤0.01% |
30,043
+1,842
| +7% | +$55.8K |
|
2672
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$717M
| $847K | ﹤0.01% |
26,204
+2,404
| +10% | +$81K |
|
2673
Ezcorp Inc
EZPW
$1.86B
| $845K | ﹤0.01% |
109,580
-26
| -0% | -$215 |
|
2674
BlackRock MuniYield Quality Fund III
MYI
$714M
| $845K | ﹤0.01% |
81,027
-1,552
| -2% | -$18.1K |
|
|
PSMG
2675
DELISTED
Invesco Growth Multi-Asset Allocation ETF
PSMG
| $845K | ﹤0.01% |
55,897
+20,903
| +60% | +$346K |
|
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.