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 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$378M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$252M |
| 3 |
iShares Gold Trust
IAU
|
+$227M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$226M |
| 5 |
WisdomTree Floating Rate Treasury Fund
USFR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$140M |
| 2 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$140M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$116M |
| 4 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$109M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.66% |
| 2 | Healthcare | 3.17% |
| 3 | Financials | 3.02% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
Bloomin' Brands
BLMN
$741M
| $863K | ﹤0.01% |
51,943
+5,183
| +11% | +$105K |
|
2702
BioNTech
BNTX
$22.9B
| $863K | ﹤0.01% |
5,787
-2,087
| -27% | -$319K |
|
2703
Oshkosh
OSK
$8.79B
| $863K | ﹤0.01% |
10,512
-618
| -6% | -$56.7K |
|
2704
Albertsons Companies
ACI
$5.62B
| $862K | ﹤0.01% |
32,274
+6,774
| +27% | +$207K |
|
2705
SLM Corp
SLM
$4.89B
| $861K | ﹤0.01% |
54,001
+17,833
| +49% | +$309K |
|
|
GORV
2706
DELISTED
Lazydays
GORV
| $860K | ﹤0.01% |
2,433
-5
| -0.2% | -$2.54K |
|
2707
PUT
QuantumScape Corp
QS
$3.21B
| $859K | ﹤0.01% |
100,000
| – | – |
|
|
UCB
2708
United Community Banks
UCB
$4.24B
| $858K | ﹤0.01% |
28,435
+11,548
| +68% | +$355K |
|
2709
Global X Gold Explorers ETF NEW
GOEX
$104M
| $857K | ﹤0.01% |
38,298
-15,462
| -29% | -$449K |
|
2710
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.1B
| $857K | ﹤0.01% |
57,900
+3,323
| +6% | +$51.4K |
|
2711
RPAR Risk Parity ETF
RPAR
$570M
| $856K | ﹤0.01% |
43,841
+323
| +0.7% | +$6.9K |
|
2712
Victory Capital Holdings
VCTR
$6.19B
| $851K | ﹤0.01% |
35,330
+85
| +0.2% | +$2.29K |
|
2713
Emcor
EME
$35.2B
| $849K | ﹤0.01% |
8,246
-878
| -10% | -$93.9K |
|
|
PRFT
2714
DELISTED
Perficient Inc
PRFT
| $849K | ﹤0.01% |
9,236
+2,493
| +37% | +$248K |
|
2715
Helios Technologies
HLIO
$2.57B
| $848K | ﹤0.01% |
13,236
+903
| +7% | +$62.6K |
|
|
PCF
2716
High Income Securities Fund
PCF
$98.8M
| $847K | ﹤0.01% |
116,308
+11,355
| +11% | +$87.2K |
|
2717
Prudential
PUK
$37.6B
| $847K | ﹤0.01% |
33,713
+3,354
| +11% | +$86.2K |
|
2718
Spire
SR
$4.72B
| $847K | ﹤0.01% |
11,384
+582
| +5% | +$43.8K |
|
2719
Sabre
SABR
$731M
| $846K | ﹤0.01% |
145,094
-3,877
| -3% | -$32.4K |
|
2720
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
$2.34B
| $845K | ﹤0.01% |
40,510
+9,232
| +30% | +$212K |
|
|
BSCE
2721
DELISTED
Invesco BulletShares 2023 USD Emerging Markets Debt ETF
BSCE
| $845K | ﹤0.01% |
36,428
-12,392
| -25% | -$290K |
|
|
EIM
2722
Eaton Vance Municipal Bond Fund
EIM
$491M
| $843K | ﹤0.01% |
78,823
+27,777
| +54% | +$301K |
|
|
EVOP
2723
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $843K | ﹤0.01% |
35,472
+3,593
| +11% | +$81.9K |
|
|
JSD
2724
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $842K | ﹤0.01% |
69,957
-5,698
| -8% | -$73.9K |
|
2725
SentinelOne
S
$6.53B
| $841K | ﹤0.01% |
+36,041
| New | +$1.01M |
|
Similar funds
LPL Financial's Q2 2022 Portfolio in Review
As of Q2 2022, LPL Financial held 4,602 positions worth $105B, down 9.5% from $116B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.93B of net new capital in Q2 2022, opening 421 new positions and adding to 2,316 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 6.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Financial Select Sector SPDR ETF, an estimated $140M trimmed.
- LPL Financial's largest Q2 2022 buy was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
- LPL Financial added most to State Street Health Care Select Sector SPDR ETF in Q2 2022, an estimated $252M increase.
- LPL Financial's biggest Q2 2022 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $140M.
- LPL Financial fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $4.43M.
- LPL Financial's ten largest holdings make up 18% of its $105B portfolio in Q2 2022.
- LPL Financial opened 421 new positions and closed 184 in Q2 2022.
- LPL Financial's portfolio value fell 9.5% quarter-over-quarter to $105B.
Based on LPL Financial's 13F filing for Q2 2022, filed 12 Aug 2022.