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 | |
|---|---|---|---|---|---|---|
2776
Fulton Financial
FULT
$4.76B
| $838K | ﹤0.01% |
49,802
+35,263
| +243% | +$618K |
|
|
DBL
2777
DoubleLine Opportunistic Credit Fund
DBL
$279M
| $837K | ﹤0.01% |
56,389
+125
| +0.2% | +$1.82K |
|
2778
Invesco Bond Fund
VBF
$169M
| $837K | ﹤0.01% |
53,394
+2,709
| +5% | +$40.9K |
|
|
LEO
2779
BNY Mellon Strategic Municipals
LEO
$386M
| $836K | ﹤0.01% |
136,889
+32,437
| +31% | +$198K |
|
2780
Marten Transport
MRTN
$1.22B
| $833K | ﹤0.01% |
42,135
-948
| -2% | -$18.9K |
|
2781
Regency Centers
REG
$14.5B
| $831K | ﹤0.01% |
13,295
-503
| -4% | -$30.9K |
|
2782
TriplePoint Venture Growth BDC
TPVG
$193M
| $830K | ﹤0.01% |
79,561
+7,894
| +11% | +$95.5K |
|
2783
Gray Television
GTN
$441M
| $829K | ﹤0.01% |
74,104
-2,491
| -3% | -$30.9K |
|
|
JNPR
2784
DELISTED
Juniper Networks
JNPR
| $829K | ﹤0.01% |
25,941
+16,668
| +180% | +$505K |
|
|
VGR
2785
DELISTED
Vector Group Ltd.
VGR
| $827K | ﹤0.01% |
69,713
+2,927
| +4% | +$30.9K |
|
2786
Rocket Companies
RKT
$39.9B
| $825K | ﹤0.01% |
117,895
+47,709
| +68% | +$348K |
|
|
EVRI
2787
DELISTED
Everi Holdings
EVRI
| $825K | ﹤0.01% |
57,485
+8,929
| +18% | +$148K |
|
2788
Primerica
PRI
$9.92B
| $825K | ﹤0.01% |
5,816
+326
| +6% | +$45.4K |
|
2789
CALL
Wynn Resorts
WYNN
$10.1B
| $825K | ﹤0.01% |
10,000
| – | – |
|
2790
CNB Financial Corp
CCNE
$1.06B
| $824K | ﹤0.01% |
34,624
-127
| -0.4% | -$3.14K |
|
2791
Verra Mobility
VRRM
$848M
| $824K | ﹤0.01% |
59,551
-11,535
| -16% | -$175K |
|
2792
JPMorgan US Momentum Factor ETF
JMOM
$2.61B
| $823K | ﹤0.01% |
21,837
-11,646
| -35% | -$442K |
|
2793
BWX Technologies
BWXT
$15.8B
| $823K | ﹤0.01% |
14,164
+4,034
| +40% | +$232K |
|
2794
EnerSys
ENS
$7.06B
| $822K | ﹤0.01% |
11,137
-136
| -1% | -$9.5K |
|
2795
First Bancorp
FBNC
$2.71B
| $822K | ﹤0.01% |
19,183
+1,034
| +6% | +$45.3K |
|
2796
Veracyte
VCYT
$3.73B
| $822K | ﹤0.01% |
34,619
-4,270
| -11% | -$99.2K |
|
2797
NVR
NVR
$16.8B
| $821K | ﹤0.01% |
178
| – | – |
|
2798
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$146M
| $821K | ﹤0.01% |
32,201
-6,391
| -17% | -$186K |
|
|
LSXMA
2799
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $820K | ﹤0.01% |
28,386
-1,571
| -5% | -$47.9K |
|
2800
Vanguard US Minimum Volatility ETF
VFMV
$438M
| $817K | ﹤0.01% |
8,309
+5,108
| +160% | +$497K |
|
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.