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 | |
|---|---|---|---|---|---|---|
|
VGR
2901
DELISTED
Vector Group Ltd.
VGR
| $688K | ﹤0.01% |
65,528
-6,958
| -10% | -$83.6K |
|
2902
Brookfield Renewable
BEPC
$6.08B
| $687K | ﹤0.01% |
19,298
+2,485
| +15% | +$91.9K |
|
2903
BRC Inc
BRCC
$121M
| $687K | ﹤0.01% |
+84,240
| New | +$1.16M |
|
2904
ALPS International Sector Dividend Dogs ETF
IDOG
$551M
| $687K | ﹤0.01% |
27,297
+10,891
| +66% | +$297K |
|
2905
InMode
INMD
$870M
| $687K | ﹤0.01% |
30,664
-76,627
| -71% | -$2.01M |
|
|
RESD
2906
DELISTED
WisdomTree International ESG Fund
RESD
| $687K | ﹤0.01% |
27,609
+824
| +3% | +$22.2K |
|
|
FTHY
2907
First Trust High Yield Opportunities 2027 Term Fund
FTHY
$501M
| $686K | ﹤0.01% |
47,239
+5,836
| +14% | +$92K |
|
|
RWT
2908
Redwood Trust
RWT
$574M
| $686K | ﹤0.01% |
89,026
+28,369
| +47% | +$261K |
|
|
RCM
2909
DELISTED
R1 RCM Inc. Common Stock
RCM
| $686K | ﹤0.01% |
32,721
-7,179
| -18% | -$163K |
|
2910
PUT
Southern Company
SO
$109B
| $685K | ﹤0.01% |
+9,600
| New | +$705K |
|
2911
Wendy's
WEN
$1.4B
| $685K | ﹤0.01% |
36,271
-13,497
| -27% | -$256K |
|
2912
Saia
SAIA
$9.27B
| $684K | ﹤0.01% |
3,640
-5,001
| -58% | -$1M |
|
2913
NOV
NOV
$6.93B
| $683K | ﹤0.01% |
40,376
+10,073
| +33% | +$190K |
|
|
AMJ
2914
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $683K | ﹤0.01% |
36,046
+6,619
| +22% | +$139K |
|
2915
Stem
STEM
$48.4M
| $682K | ﹤0.01% |
+4,761
| New | +$792K |
|
2916
Chunghwa Telecom
CHT
$33.1B
| $680K | ﹤0.01% |
16,497
+826
| +5% | +$35.6K |
|
2917
Evolent Health
EVH
$348M
| $680K | ﹤0.01% |
22,149
+1,439
| +7% | +$41.9K |
|
2918
Supernus Pharmaceuticals
SUPN
$2.59B
| $680K | ﹤0.01% |
23,519
+1,883
| +9% | +$53.9K |
|
2919
iShares International Developed Real Estate ETF
IFGL
$83.1M
| $679K | ﹤0.01% |
30,267
+828
| +3% | +$20.5K |
|
|
SI
2920
DELISTED
Silvergate Capital Corporation
SI
| $679K | ﹤0.01% |
12,677
+1,604
| +14% | +$150K |
|
2921
Beyond Meat
BYND
$292M
| $678K | ﹤0.01% |
28,324
-2,147
| -7% | -$68.6K |
|
2922
Dimensional US Core Equity Market ETF
DFAU
$12.4B
| $677K | ﹤0.01% |
+25,606
| New | +$735K |
|
2923
Avantor
AVTR
$9.32B
| $676K | ﹤0.01% |
21,752
+913
| +4% | +$28.5K |
|
|
PCH
2924
DELISTED
PotlatchDeltic
PCH
| $674K | ﹤0.01% |
15,253
+787
| +5% | +$40.6K |
|
|
AGR
2925
DELISTED
Avangrid, Inc.
AGR
| $673K | ﹤0.01% |
14,598
-194
| -1% | -$8.99K |
|
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.