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 | |
|---|---|---|---|---|---|---|
2651
Alliance Resource Partners
ARLP
$3.34B
| $995K | ﹤0.01% |
48,968
+7,273
| +17% | +$165K |
|
|
AGNT
2652
AGNT Inc
AGNT
$700M
| $994K | ﹤0.01% |
89,674
+6,144
| +7% | +$74.5K |
|
2653
ICL Group
ICL
$6.67B
| $992K | ﹤0.01% |
135,767
+61,097
| +82% | +$506K |
|
2654
SFL Corp
SFL
$1.62B
| $989K | ﹤0.01% |
107,259
-6,235
| -5% | -$60.6K |
|
|
GNTY
2655
DELISTED
Guaranty Bancshares
GNTY
| $989K | ﹤0.01% |
28,542
-1,000
| -3% | -$35.4K |
|
2656
TransUnion
TRU
$15.6B
| $988K | ﹤0.01% |
17,413
+661
| +4% | +$38.7K |
|
|
GORV
2657
DELISTED
Lazydays
GORV
| $984K | ﹤0.01% |
2,748
+100
| +4% | +$39.3K |
|
2658
Itaú Unibanco
ITUB
$90.3B
| $984K | ﹤0.01% |
236,712
+4,084
| +2% | +$18.6K |
|
|
PMM
2659
Franklin Managed Municipal Income Trust
PMM
$268M
| $984K | ﹤0.01% |
156,616
+20,966
| +15% | +$127K |
|
|
PCF
2660
High Income Securities Fund
PCF
$99.4M
| $982K | ﹤0.01% |
151,063
+23,330
| +18% | +$156K |
|
2661
Haemonetics
HAE
$3.89B
| $982K | ﹤0.01% |
12,988
+1,395
| +12% | +$112K |
|
2662
Global X Social Media ETF
SOCL
$95.6M
| $981K | ﹤0.01% |
31,633
-1,842
| -6% | -$52.4K |
|
2663
East-West Bancorp
EWBC
$18.2B
| $980K | ﹤0.01% |
14,867
+1
| +0% | +$68 |
|
2664
YPF
YPF
$19.5B
| $979K | ﹤0.01% |
106,582
+3,363
| +3% | +$25.9K |
|
|
CPRX
2665
DELISTED
Catalyst Pharmaceutical
CPRX
| $978K | ﹤0.01% |
52,566
+28,159
| +115% | +$434K |
|
2666
Sensata Technologies
ST
$7.08B
| $975K | ﹤0.01% |
24,137
-119
| -0.5% | -$4.96K |
|
2667
Group 1 Automotive
GPI
$3.4B
| $969K | ﹤0.01% |
5,370
+502
| +10% | +$88.3K |
|
2668
iShares MSCI Turkey ETF
TUR
$214M
| $968K | ﹤0.01% |
+26,154
| New | +$800K |
|
|
UTRN
2669
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $967K | ﹤0.01% |
39,849
-9,316
| -19% | -$224K |
|
2670
Acco Brands
ACCO
$403M
| $966K | ﹤0.01% |
172,841
+146,547
| +557% | +$761K |
|
2671
iShares Core 10+ Year USD Bond ETF
ILTB
$596M
| $966K | ﹤0.01% |
18,969
-6,048
| -24% | -$307K |
|
2672
Teleflex
TFX
$6.22B
| $964K | ﹤0.01% |
3,862
+763
| +25% | +$168K |
|
2673
Watts Water Technologies
WTS
$12B
| $964K | ﹤0.01% |
6,592
+4,197
| +175% | +$605K |
|
2674
BancFirst
BANF
$3.85B
| $964K | ﹤0.01% |
10,928
-135
| -1% | -$12.8K |
|
2675
Agree Realty
ADC
$9.5B
| $963K | ﹤0.01% |
13,583
-698
| -5% | -$47.9K |
|
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.