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 | |
|---|---|---|---|---|---|---|
|
SIX
2776
DELISTED
Six Flags Entertainment Corp.
SIX
| $745K | ﹤0.01% |
42,078
+643
| +2% | +$14.5K |
|
2777
MasTec
MTZ
$21B
| $743K | ﹤0.01% |
11,699
+736
| +7% | +$56.9K |
|
2778
Regency Centers
REG
$14.7B
| $743K | ﹤0.01% |
13,798
-1,718
| -11% | -$105K |
|
2779
Global Ship Lease
GSL
$1.59B
| $742K | ﹤0.01% |
47,001
+9,991
| +27% | +$178K |
|
|
SYSB
2780
iShares Systematic Bond ETF
SYSB
$1.17B
| $741K | ﹤0.01% |
9,045
-380
| -4% | -$32.7K |
|
2781
Invesco PHLX Semiconductor ETF
SOXQ
$2.55B
| $741K | ﹤0.01% |
40,712
+22,497
| +124% | +$484K |
|
2782
Spire
SR
$4.73B
| $740K | ﹤0.01% |
11,878
+494
| +4% | +$35.3K |
|
2783
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$339M
| $740K | ﹤0.01% |
17,432
-289
| -2% | -$13.8K |
|
2784
Winnebago Industries
WGO
$885M
| $740K | ﹤0.01% |
13,913
+3,756
| +37% | +$218K |
|
2785
Westlake Chemical Partners
WLKP
$750M
| $739K | ﹤0.01% |
34,361
-1,259
| -4% | -$30.4K |
|
|
EVN
2786
Eaton Vance Municipal Income Trust
EVN
$414M
| $738K | ﹤0.01% |
75,549
-6,348
| -8% | -$70.8K |
|
|
RVNC
2787
DELISTED
Revance Therapeutics, Inc.
RVNC
| $738K | ﹤0.01% |
27,344
+14,001
| +105% | +$284K |
|
2788
Century Communities
CCS
$1.96B
| $735K | ﹤0.01% |
17,175
-438
| -2% | -$21.2K |
|
|
FDIQ
2789
Invesco Bloomberg Financial Data Providers ETF
FDIQ
$50M
| $732K | ﹤0.01% |
13,266
-242
| -2% | -$14K |
|
|
BBBY
2790
Bed Bath & Beyond
BBBY
$507M
| $731K | ﹤0.01% |
33,037
-6,039
| -15% | -$151K |
|
2791
Investar Holding Corp
ISTR
$415M
| $730K | ﹤0.01% |
36,692
-12,865
| -26% | -$280K |
|
2792
Tradeweb Markets
TW
$21.5B
| $730K | ﹤0.01% |
12,942
-2,070
| -14% | -$141K |
|
2793
Invesco Bond Fund
VBF
$168M
| $730K | ﹤0.01% |
50,685
-3,682
| -7% | -$58K |
|
2794
LGI Homes
LGIH
$1.3B
| $727K | ﹤0.01% |
8,929
-268
| -3% | -$26.2K |
|
2795
United Natural Foods
UNFI
$2.87B
| $727K | ﹤0.01% |
21,158
-129
| -0.6% | -$5.5K |
|
|
CHNG
2796
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $726K | ﹤0.01% |
26,393
+5,551
| +27% | +$138K |
|
2797
BNY Mellon US Mid Cap Core Equity ETF
BKMC
$656M
| $725K | ﹤0.01% |
30,150
+2,055
| +7% | +$54.5K |
|
2798
CrossAmerica Partners
CAPL
$811M
| $725K | ﹤0.01% |
+38,778
| New | +$800K |
|
2799
PAR Technology
PAR
$715M
| $725K | ﹤0.01% |
24,539
+8,900
| +57% | +$330K |
|
2800
Global X Gold Explorers ETF NEW
GOEX
$107M
| $724K | ﹤0.01% |
34,912
-3,386
| -9% | -$74.3K |
|
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.