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 | |
|---|---|---|---|---|---|---|
2701
Vident US Equity Strategy ETF
VUSE
$683M
| $814K | ﹤0.01% |
21,764
-1,074
| -5% | -$43.9K |
|
|
DBL
2702
DoubleLine Opportunistic Credit Fund
DBL
$278M
| $813K | ﹤0.01% |
56,264
+3,117
| +6% | +$48.4K |
|
2703
TechTarget
TTGT
$325M
| $811K | ﹤0.01% |
13,707
+2,948
| +27% | +$190K |
|
2704
Dimensional Core Fixed Income ETF
DFCF
$10.8B
| $809K | ﹤0.01% |
19,752
+11,272
| +133% | +$489K |
|
|
BBSA
2705
DELISTED
JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF
BBSA
| $808K | ﹤0.01% |
17,288
+7,133
| +70% | +$341K |
|
2706
SLM Corp
SLM
$4.89B
| $807K | ﹤0.01% |
57,704
+3,703
| +7% | +$57.4K |
|
|
CSR
2707
Centerspace
CSR
$921M
| $805K | ﹤0.01% |
11,957
-9
| -0.1% | -$715 |
|
2708
FirstService
FSV
$6.48B
| $805K | ﹤0.01% |
6,766
+11
| +0.2% | +$1.41K |
|
2709
Victory Capital Holdings
VCTR
$6.19B
| $804K | ﹤0.01% |
34,509
-821
| -2% | -$21.8K |
|
2710
Wyndham Hotels & Resorts
WH
$5.56B
| $804K | ﹤0.01% |
13,100
+318
| +2% | +$21.3K |
|
2711
BRC Inc
BRCC
$121M
| $803K | ﹤0.01% |
103,944
+19,704
| +23% | +$178K |
|
2712
Sun Life Financial
SLF
$45.9B
| $803K | ﹤0.01% |
20,189
+1,223
| +6% | +$54.8K |
|
|
NEWR
2713
DELISTED
New Relic, Inc.
NEWR
| $799K | ﹤0.01% |
13,922
+4,733
| +52% | +$284K |
|
2714
Orion
OEC
$381M
| $797K | ﹤0.01% |
59,693
+3,234
| +6% | +$52.6K |
|
|
HEAL
2715
Global X Funds Global X HealthTech ETF
HEAL
$29.4M
| $795K | ﹤0.01% |
23,458
+327
| +1% | +$12.2K |
|
|
AXNX
2716
DELISTED
Axonics, Inc. Common Stock
AXNX
| $792K | ﹤0.01% |
11,242
+7,515
| +202% | +$518K |
|
2717
ArcelorMittal
MT
$52.9B
| $790K | ﹤0.01% |
39,657
-65,923
| -62% | -$1.51M |
|
|
PRFT
2718
DELISTED
Perficient Inc
PRFT
| $790K | ﹤0.01% |
12,152
+2,916
| +32% | +$243K |
|
|
HPS
2719
John Hancock Preferred Income Fund III
HPS
$457M
| $789K | ﹤0.01% |
52,645
+3,985
| +8% | +$64K |
|
|
AJRD
2720
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $789K | ﹤0.01% |
19,737
+4,776
| +32% | +$202K |
|
2721
Alamos Gold
AGI
$11.6B
| $788K | ﹤0.01% |
106,365
+46,383
| +77% | +$343K |
|
|
EVRI
2722
DELISTED
Everi Holdings
EVRI
| $788K | ﹤0.01% |
48,556
+829
| +2% | +$15.3K |
|
2723
Franklin FTSE Japan ETF
FLJP
$3.92B
| $785K | ﹤0.01% |
36,225
+8,513
| +31% | +$202K |
|
|
ETWO
2724
DELISTED
E2open Parent Holdings
ETWO
| $781K | ﹤0.01% |
+128,736
| New | +$901K |
|
2725
VanEck Green Bond ETF
GRNB
$184M
| $781K | ﹤0.01% |
34,731
+8,544
| +33% | +$201K |
|
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.