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 | |
|---|---|---|---|---|---|---|
2826
DigitalBridge
DBRG
$2.93B
| $761K | ﹤0.01% |
+38,961
| New | +$951K |
|
2827
Invesco Oil & Gas Services ETF
PXJ
$65.9M
| $761K | ﹤0.01% |
40,046
-78,053
| -66% | -$1.74M |
|
|
DISH
2828
DELISTED
DISH Network Corp.
DISH
| $760K | ﹤0.01% |
42,410
+1,828
| +5% | +$44.3K |
|
2829
Stride
LRN
$3.41B
| $758K | ﹤0.01% |
18,576
-3,287
| -15% | -$122K |
|
2830
New England Realty Associates
NEN
$195M
| $755K | ﹤0.01% |
9,802
| – | – |
|
|
USLB
2831
DELISTED
Invesco Russell 1000 Low Beta Equal Weight ETF
USLB
| $755K | ﹤0.01% |
21,032
-1,885
| -8% | -$72K |
|
2832
Capri Holdings
CPRI
$1.83B
| $752K | ﹤0.01% |
18,333
-22,861
| -55% | -$1.06M |
|
2833
BlackRock Floating Rate Income Strategies Fund
FRA
$383M
| $752K | ﹤0.01% |
66,038
+333
| +0.5% | +$3.99K |
|
2834
Simpson Manufacturing
SSD
$7.72B
| $752K | ﹤0.01% |
7,477
-277
| -4% | -$28.8K |
|
2835
AXIS Capital
AXS
$7.68B
| $751K | ﹤0.01% |
13,149
-7,959
| -38% | -$454K |
|
2836
Invesco CurrencyShares Japanese Yen Trust
FXY
$438M
| $750K | ﹤0.01% |
+10,874
| New | +$785K |
|
2837
Invesco Mortgage Capital
IVR
$759M
| $748K | ﹤0.01% |
50,923
+39,044
| +329% | +$659K |
|
|
SWCH
2838
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $748K | ﹤0.01% |
22,322
-29,276
| -57% | -$946K |
|
2839
Levi Strauss
LEVI
$9.44B
| $747K | ﹤0.01% |
45,771
+8,382
| +22% | +$151K |
|
|
CIO
2840
DELISTED
City Office REIT
CIO
| $746K | ﹤0.01% |
57,630
-7,796
| -12% | -$110K |
|
|
MQT
2841
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $746K | ﹤0.01% |
65,057
+8,782
| +16% | +$100K |
|
2842
O-I Glass
OI
$1.1B
| $746K | ﹤0.01% |
53,305
+14,871
| +39% | +$214K |
|
2843
Jefferies Financial Group
JEF
$12.6B
| $745K | ﹤0.01% |
28,201
-2,280
| -7% | -$67.4K |
|
2844
Cohu
COHU
$2.26B
| $743K | ﹤0.01% |
26,776
-18,079
| -40% | -$499K |
|
2845
Banco Santander
SAN
$201B
| $740K | ﹤0.01% |
264,293
+20,732
| +9% | +$63.3K |
|
2846
KraneShares MSCI China Clean Technology Index ETF
KGRN
$54.8M
| $739K | ﹤0.01% |
17,726
+100
| +0.6% | +$3.54K |
|
2847
HCM Defender 500 Index ETF
LGH
$575M
| $738K | ﹤0.01% |
21,257
-110,197
| -84% | -$4.1M |
|
2848
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$62.6M
| $736K | ﹤0.01% |
21,278
+650
| +3% | +$24K |
|
2849
Nelnet
NNI
$4.88B
| $736K | ﹤0.01% |
8,629
+1,929
| +29% | +$160K |
|
|
WLL
2850
DELISTED
Whiting Petroleum Corporation
WLL
| $736K | ﹤0.01% |
+10,820
| New | +$874K |
|
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.