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 | |
|---|---|---|---|---|---|---|
2851
WSFS Financial
WSFS
$4.23B
| $687K | ﹤0.01% |
14,793
-751
| -5% | -$35.1K |
|
2852
JetBlue
JBLU
$2.49B
| $686K | ﹤0.01% |
103,472
+3,808
| +4% | +$31K |
|
2853
Pacer Swan SOS Fund of Funds ETF
PSFF
$598M
| $685K | ﹤0.01% |
33,225
-500
| -1% | -$10.7K |
|
2854
Occidental Petroleum Corp Warrants
OXY.WS
$31B
| $684K | ﹤0.01% |
17,255
-195
| -1% | -$8.22K |
|
|
JPI
2855
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $683K | ﹤0.01% |
37,077
-460
| -1% | -$9.13K |
|
2856
Smith & Wesson
SWBI
$662M
| $683K | ﹤0.01% |
65,856
-2,810
| -4% | -$37.1K |
|
|
PENG
2857
Penguin Solutions Inc
PENG
$2.96B
| $682K | ﹤0.01% |
43,000
-6,729
| -14% | -$123K |
|
|
SHLX
2858
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $682K | ﹤0.01% |
43,150
-11,297
| -21% | -$175K |
|
|
CGO
2859
Calamos Global Total Return Fund
CGO
$128M
| $681K | ﹤0.01% |
69,364
+23,028
| +50% | +$262K |
|
2860
Macy's
M
$6.96B
| $681K | ﹤0.01% |
43,484
-3,936
| -8% | -$69.7K |
|
|
PRO
2861
DELISTED
PROS Holdings
PRO
| $681K | ﹤0.01% |
27,555
-383
| -1% | -$9.29K |
|
|
FFA
2862
First Trust Enhanced Equity Income Fund
FFA
$461M
| $679K | ﹤0.01% |
46,207
+1,253
| +3% | +$21.1K |
|
2863
Nuveen Municipal Income
NMI
$130M
| $679K | ﹤0.01% |
78,168
-8,407
| -10% | -$77.9K |
|
2864
Comfort Systems
FIX
$62.2B
| $678K | ﹤0.01% |
6,961
+34
| +0.5% | +$3.33K |
|
2865
Primerica
PRI
$9.93B
| $678K | ﹤0.01% |
5,490
+107
| +2% | +$13.6K |
|
2866
EPR Properties
EPR
$4.69B
| $677K | ﹤0.01% |
18,891
-328
| -2% | -$15.5K |
|
2867
Wingstop
WING
$3.41B
| $677K | ﹤0.01% |
5,401
+47
| +0.9% | +$5.62K |
|
|
GOGL
2868
DELISTED
Golden Ocean Group
GOGL
| $676K | ﹤0.01% |
90,445
+7,971
| +10% | +$79.9K |
|
|
ALTR
2869
DELISTED
Altair Engineering Inc
ALTR
| $676K | ﹤0.01% |
15,276
-196
| -1% | -$10.3K |
|
2870
Inspire Global Hope ETF
BLES
$163M
| $675K | ﹤0.01% |
24,377
-2,102
| -8% | -$65.1K |
|
2871
FNB Corp
FNB
$6.91B
| $675K | ﹤0.01% |
58,182
-1,698
| -3% | -$20.1K |
|
2872
Sprouts Farmers Market
SFM
$8.09B
| $673K | ﹤0.01% |
24,245
-23,616
| -49% | -$671K |
|
2873
Shenandoah Telecom
SHEN
$718M
| $671K | ﹤0.01% |
39,431
+461
| +1% | +$9.83K |
|
2874
iShares Global Industrials ETF
EXI
$1.47B
| $670K | ﹤0.01% |
7,450
-7,586
| -50% | -$760K |
|
2875
Kulicke & Soffa
KLIC
$4.9B
| $670K | ﹤0.01% |
17,391
-637
| -4% | -$28.2K |
|
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.