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 | |
|---|---|---|---|---|---|---|
2726
Robinhood
HOOD
$81.2B
| $781K | ﹤0.01% |
77,282
-44,799
| -37% | -$431K |
|
|
ONT
2727
Onterris Inc
ONT
$795M
| $780K | ﹤0.01% |
23,191
+2,383
| +11% | +$94.5K |
|
2728
Sinclair Inc
SBGI
$1B
| $780K | ﹤0.01% |
43,136
+3,174
| +8% | +$70.5K |
|
2729
El Paso Energy Capital Trust I
EP.PRC
$222M
| $779K | ﹤0.01% |
16,985
+5,650
| +50% | +$259K |
|
2730
Global X Genomics & Biotechnology ETF
GNOM
$80.4M
| $779K | ﹤0.01% |
15,517
+2,987
| +24% | +$169K |
|
2731
Valley National Bancorp
VLY
$8.02B
| $779K | ﹤0.01% |
72,153
+4,477
| +7% | +$51.6K |
|
2732
TriplePoint Venture Growth BDC
TPVG
$189M
| $778K | ﹤0.01% |
71,667
+22,477
| +46% | +$293K |
|
|
TTM
2733
DELISTED
Tata Motors Limited
TTM
| $778K | ﹤0.01% |
32,072
+1,274
| +4% | +$35.8K |
|
2734
iShares Government/Credit Bond ETF
GBF
$128M
| $775K | ﹤0.01% |
7,604
+27
| +0.4% | +$2.88K |
|
|
TELL
2735
DELISTED
Tellurian Inc.
TELL
| $774K | ﹤0.01% |
323,649
+106,944
| +49% | +$386K |
|
2736
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$868M
| $773K | ﹤0.01% |
37,733
+13,541
| +56% | +$295K |
|
|
JHS
2737
John Hancock Income Securities Trust
JHS
$127M
| $772K | ﹤0.01% |
72,627
-720
| -1% | -$8.39K |
|
2738
Toll Brothers
TOL
$14.1B
| $772K | ﹤0.01% |
18,378
-10,012
| -35% | -$464K |
|
|
ERF
2739
DELISTED
Enerplus Corporation
ERF
| $772K | ﹤0.01% |
54,500
-59,404
| -52% | -$833K |
|
|
QIG
2740
WisdomTree U.S. Corporate Bond Fund
QIG
$17.4M
| $771K | ﹤0.01% |
18,162
+409
| +2% | +$18.5K |
|
|
PACW
2741
DELISTED
PacWest Bancorp
PACW
| $771K | ﹤0.01% |
34,110
+16,647
| +95% | +$448K |
|
2742
Mattel
MAT
$4.32B
| $770K | ﹤0.01% |
40,651
+11,165
| +38% | +$250K |
|
2743
Ranger Energy Services
RNGR
$379M
| $770K | ﹤0.01% |
78,745
+8,545
| +12% | +$80.6K |
|
2744
Virtus Terranova US Quality Momentum ETF
JOET
$243M
| $769K | ﹤0.01% |
31,329
-6,883
| -18% | -$182K |
|
|
JWN
2745
DELISTED
Nordstrom
JWN
| $769K | ﹤0.01% |
45,981
+1,372
| +3% | +$28.7K |
|
2746
BILL Holdings
BILL
$4.7B
| $767K | ﹤0.01% |
5,794
-821
| -12% | -$118K |
|
2747
Stride
LRN
$3.41B
| $767K | ﹤0.01% |
18,242
-334
| -2% | -$13.5K |
|
2748
PUT
Alphabet (Google) Class A
GOOGL
$4.57T
| $765K | ﹤0.01% |
+8,000
| New | +$887K |
|
|
PMM
2749
Franklin Managed Municipal Income Trust
PMM
$266M
| $765K | ﹤0.01% |
135,650
+13,449
| +11% | +$89.7K |
|
|
DX
2750
Dynex Capital
DX
$3.15B
| $761K | ﹤0.01% |
65,287
+4,460
| +7% | +$69.7K |
|
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.