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 | |
|---|---|---|---|---|---|---|
2826
Schwab International Dividend Equity ETF
SCHY
$2.54B
| $793K | ﹤0.01% |
35,382
+8,923
| +34% | +$194K |
|
2827
iShares MSCI Mexico ETF
EWW
$1.98B
| $793K | ﹤0.01% |
16,039
+8,713
| +119% | +$439K |
|
|
ARCH
2828
DELISTED
Arch Resources, Inc.
ARCH
| $793K | ﹤0.01% |
5,554
+1,978
| +55% | +$289K |
|
2829
TechTarget
TTGT
$317M
| $793K | ﹤0.01% |
17,855
+4,148
| +30% | +$217K |
|
|
ONT
2830
Onterris Inc
ONT
$826M
| $793K | ﹤0.01% |
17,854
-5,337
| -23% | -$226K |
|
2831
Forward Air
FWRD
$484M
| $790K | ﹤0.01% |
7,529
+1,127
| +18% | +$118K |
|
2832
RB Global
RBA
$20.7B
| $790K | ﹤0.01% |
13,653
-3,383
| -20% | -$197K |
|
2833
iShares iBonds Dec 2026 Term Treasury ETF
IBTG
$2.22B
| $788K | ﹤0.01% |
+34,698
| New | +$787K |
|
2834
Amkor Technology
AMKR
$13.9B
| $788K | ﹤0.01% |
32,855
-445
| -1% | -$10.3K |
|
2835
Nuveen Municipal Income
NMI
$129M
| $787K | ﹤0.01% |
83,759
+5,591
| +7% | +$49.9K |
|
2836
RenaissanceRe
RNR
$13.4B
| $787K | ﹤0.01% |
4,272
+951
| +29% | +$160K |
|
2837
Kinross Gold
KGC
$28B
| $786K | ﹤0.01% |
192,222
+34,389
| +22% | +$136K |
|
|
CLPR
2838
Clipper Realty
CLPR
$44.8M
| $786K | ﹤0.01% |
122,840
-12,965
| -10% | -$90.8K |
|
2839
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.28B
| $786K | ﹤0.01% |
37,769
+21,109
| +127% | +$435K |
|
2840
Stellantis
STLA
$22.1B
| $786K | ﹤0.01% |
55,321
+3,518
| +7% | +$49K |
|
2841
IQ Candriam US Large Cap Equity ETF
IQSU
$342M
| $783K | ﹤0.01% |
24,490
+10,168
| +71% | +$331K |
|
2842
Mitek Systems
MITK
$800M
| $783K | ﹤0.01% |
80,812
+12,691
| +19% | +$134K |
|
|
CALY
2843
Callaway Golf Company
CALY
$3.52B
| $782K | ﹤0.01% |
39,612
+664
| +2% | +$13.1K |
|
2844
Vident US Equity Strategy ETF
VUSE
$697M
| $782K | ﹤0.01% |
18,791
-2,973
| -14% | -$124K |
|
2845
Global X Genomics & Biotechnology ETF
GNOM
$81.7M
| $781K | ﹤0.01% |
15,427
-90
| -0.6% | -$4.64K |
|
|
ALEX
2846
DELISTED
Alexander & Baldwin
ALEX
| $780K | ﹤0.01% |
41,671
-1,250
| -3% | -$23.7K |
|
2847
FirstService
FSV
$6.21B
| $780K | ﹤0.01% |
6,368
-398
| -6% | -$49.3K |
|
|
CIL
2848
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $778K | ﹤0.01% |
21,053
-5,539
| -21% | -$196K |
|
2849
Carpenter Technology
CRS
$28.3B
| $777K | ﹤0.01% |
21,039
+204
| +1% | +$7.77K |
|
2850
Invesco BulletShares 2029 Municipal Bond ETF
BSMT
$283M
| $777K | ﹤0.01% |
33,941
+18,940
| +126% | +$426K |
|
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.