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 | |
|---|---|---|---|---|---|---|
2826
SouthState Bank Corp
SSB
$10.6B
| $703K | ﹤0.01% |
8,884
-533
| -6% | -$42.9K |
|
2827
Tilray
TLRY
$614M
| $703K | ﹤0.01% |
25,574
-154
| -0.6% | -$5.4K |
|
2828
TRI-Continental Corp
TY
$1.88B
| $703K | ﹤0.01% |
27,523
-12,437
| -31% | -$344K |
|
2829
Levi Strauss
LEVI
$9.56B
| $702K | ﹤0.01% |
48,511
+2,740
| +6% | +$48.9K |
|
|
DHF
2830
BNY Mellon High Yield Strategies Fund
DHF
$174M
| $701K | ﹤0.01% |
332,107
-56,953
| -15% | -$131K |
|
|
UCB
2831
United Community Banks
UCB
$4.33B
| $701K | ﹤0.01% |
21,183
-7,252
| -26% | -$241K |
|
2832
COPT Defense Properties
CDP
$4.27B
| $700K | ﹤0.01% |
30,149
+631
| +2% | +$16.5K |
|
2833
Greystone Housing Impact Investors LP
GHI
$139M
| $700K | ﹤0.01% |
41,657
-8,324
| -17% | -$153K |
|
2834
Western Alliance Bancorporation
WAL
$9.28B
| $700K | ﹤0.01% |
10,655
+731
| +7% | +$55.4K |
|
|
CHX
2835
DELISTED
ChampionX
CHX
| $699K | ﹤0.01% |
35,731
-5,126
| -13% | -$106K |
|
2836
iShares US & Intl High Yield Corp Bond ETF
GHYG
$199M
| $699K | ﹤0.01% |
17,963
-4,438
| -20% | -$184K |
|
2837
Group 1 Automotive
GPI
$3.42B
| $696K | ﹤0.01% |
4,868
-635
| -12% | -$109K |
|
2838
HCM Defender 500 Index ETF
LGH
$597M
| $696K | ﹤0.01% |
20,972
-285
| -1% | -$9.87K |
|
2839
Papa John's
PZZA
$1.01B
| $696K | ﹤0.01% |
9,943
-503
| -5% | -$42.7K |
|
2840
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.38B
| $696K | ﹤0.01% |
56,639
-1,261
| -2% | -$18.5K |
|
2841
Franklin FTSE United Kingdom ETF
FLGB
$896M
| $695K | ﹤0.01% |
35,506
-320,561
| -90% | -$7.04M |
|
2842
BlackRock MuniHoldings Fund
MHD
$605M
| $695K | ﹤0.01% |
61,816
-2,698
| -4% | -$34.6K |
|
|
LAZR
2843
DELISTED
Luminar Technologies
LAZR
| $694K | ﹤0.01% |
6,351
-748
| -11% | -$89.3K |
|
|
MQT
2844
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $690K | ﹤0.01% |
68,761
+3,704
| +6% | +$43.6K |
|
2845
CALL
Amazon
AMZN
$3T
| $689K | ﹤0.01% |
6,100
+100
| +2% | +$12.6K |
|
2846
Samsara
IOT
$22.4B
| $689K | ﹤0.01% |
57,095
+8,063
| +16% | +$114K |
|
|
QED
2847
DELISTED
IQ Hedge Event-Driven Tracker ETF
QED
| $689K | ﹤0.01% |
33,839
-4,000
| -11% | -$84.4K |
|
2848
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$142M
| $688K | ﹤0.01% |
57,978
-34
| -0.1% | -$443 |
|
2849
Acuity Brands
AYI
$10.3B
| $687K | ﹤0.01% |
4,365
-157
| -3% | -$26.5K |
|
2850
California Water Service
CWT
$3.06B
| $687K | ﹤0.01% |
13,043
+1,033
| +9% | +$60.6K |
|
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.