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 | |
|---|---|---|---|---|---|---|
2876
Global X Variable Rate Preferred ETF
PFFV
$304M
| $670K | ﹤0.01% |
28,529
+1,551
| +6% | +$37.7K |
|
2877
DNOW Inc
DNOW
$2.63B
| $669K | ﹤0.01% |
66,590
+2,647
| +4% | +$28.6K |
|
2878
Televisa
TV
$1.45B
| $665K | ﹤0.01% |
123,547
+111,346
| +913% | +$781K |
|
2879
First Bancorp
FBNC
$2.72B
| $664K | ﹤0.01% |
+18,149
| New | +$668K |
|
2880
ProShares Decline of the Retail Store ETF
EMTY
$2.86M
| $663K | ﹤0.01% |
19,945
+13,931
| +232% | +$434K |
|
|
PPLI
2881
People Inc
PPLI
$3.4B
| $663K | ﹤0.01% |
14,604
+60
| +0.4% | +$3.38K |
|
2882
Business First Bancshares
BFST
$1.05B
| $662K | ﹤0.01% |
30,760
-78,692
| -72% | -$1.8M |
|
2883
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$63.4M
| $662K | ﹤0.01% |
21,155
-123
| -0.6% | -$4.28K |
|
2884
Nuveen Credit Strategies Income Fund
JQC
$707M
| $662K | ﹤0.01% |
129,495
+994
| +0.8% | +$5.33K |
|
2885
VanEck Uranium + Nuclear Energy ETF
NLR
$4.06B
| $661K | ﹤0.01% |
12,798
+3,021
| +31% | +$166K |
|
|
WCC
2886
WESCO International
WCC
$18.2B
| $661K | ﹤0.01% |
5,537
-116
| -2% | -$14.5K |
|
|
ULTR
2887
DELISTED
IQ Ultra Short Duration ETF
ULTR
| $661K | ﹤0.01% |
13,956
+2,590
| +23% | +$123K |
|
|
SCPL
2888
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $661K | ﹤0.01% |
56,233
-5,638
| -9% | -$70.3K |
|
2889
Glaukos
GKOS
$9.99B
| $660K | ﹤0.01% |
12,405
+2,085
| +20% | +$108K |
|
2890
Middleby
MIDD
$6.25B
| $660K | ﹤0.01% |
5,152
-530
| -9% | -$74.4K |
|
2891
CareTrust REIT
CTRE
$9.64B
| $659K | ﹤0.01% |
36,398
+697
| +2% | +$14.2K |
|
2892
WisdomTree Managed Futures Strategy Fund
WTMF
$247M
| $659K | ﹤0.01% |
19,135
+3,961
| +26% | +$138K |
|
|
NATI
2893
DELISTED
National Instruments Corp
NATI
| $658K | ﹤0.01% |
17,447
+3,176
| +22% | +$120K |
|
|
MGI
2894
DELISTED
MoneyGram International, Inc. New
MGI
| $657K | ﹤0.01% |
63,185
-1,512
| -2% | -$15.6K |
|
2895
EnerSys
ENS
$7.08B
| $656K | ﹤0.01% |
11,273
+377
| +3% | +$24K |
|
|
FTHY
2896
First Trust High Yield Opportunities 2027 Term Fund
FTHY
$498M
| $656K | ﹤0.01% |
48,720
+1,481
| +3% | +$22.2K |
|
2897
The Greenbrier Companies
GBX
$1.55B
| $656K | ﹤0.01% |
27,019
+2,228
| +9% | +$67.1K |
|
2898
Honda
HMC
$39.2B
| $656K | ﹤0.01% |
30,396
-6,798
| -18% | -$172K |
|
2899
NOV
NOV
$7.13B
| $655K | ﹤0.01% |
40,475
+99
| +0.2% | +$1.67K |
|
2900
Invesco Municipal Income Opportunities Trust
OIA
$290M
| $655K | ﹤0.01% |
111,762
+14,279
| +15% | +$93.6K |
|
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.