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 | |
|---|---|---|---|---|---|---|
2926
Cambria Trinity ETF
TRTY
$145M
| $715K | ﹤0.01% |
+28,643
| New | +$726K |
|
2927
iShares Global Industrials ETF
EXI
$1.48B
| $715K | ﹤0.01% |
6,714
-736
| -10% | -$75.8K |
|
2928
NOV
NOV
$7.13B
| $713K | ﹤0.01% |
34,126
-6,349
| -16% | -$133K |
|
2929
Avantor
AVTR
$9.25B
| $712K | ﹤0.01% |
33,777
+8,340
| +33% | +$173K |
|
2930
Samsara
IOT
$22.5B
| $712K | ﹤0.01% |
57,295
+200
| +0.4% | +$2.28K |
|
|
AMED
2931
DELISTED
Amedisys
AMED
| $712K | ﹤0.01% |
8,522
+4,573
| +116% | +$412K |
|
2932
Invesco DB Precious Metals Fund
DBP
$240M
| $709K | ﹤0.01% |
14,760
+2,797
| +23% | +$126K |
|
2933
Gibraltar Industries
ROCK
$1.43B
| $708K | ﹤0.01% |
+15,427
| New | +$740K |
|
2934
Evolution Petroleum
EPM
$127M
| $707K | ﹤0.01% |
93,678
+451
| +0.5% | +$3.39K |
|
2935
Vertiv
VRT
$104B
| $707K | ﹤0.01% |
51,725
-4,806
| -9% | -$64.1K |
|
2936
FT Vest US Equity Buffer ETF December
FDEC
$1.35B
| $706K | ﹤0.01% |
22,232
+14,194
| +177% | +$449K |
|
2937
iShares USD Green Bond ETF
BGRN
$502M
| $705K | ﹤0.01% |
15,335
+1,456
| +10% | +$66.6K |
|
2938
Upstart Holdings
UPST
$2.9B
| $705K | ﹤0.01% |
53,311
-15,732
| -23% | -$304K |
|
2939
World Kinect Corp
WKC
$2B
| $705K | ﹤0.01% |
25,782
+1,587
| +7% | +$42.6K |
|
2940
Clean Energy Fuels
CLNE
$412M
| $704K | ﹤0.01% |
135,430
+41,615
| +44% | +$256K |
|
2941
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| $704K | ﹤0.01% |
22,528
+1,510
| +7% | +$44.9K |
|
2942
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$63.7M
| $703K | ﹤0.01% |
19,873
-1,282
| -6% | -$43.6K |
|
|
SI
2943
DELISTED
Silvergate Capital Corporation
SI
| $703K | ﹤0.01% |
40,407
+26,694
| +195% | +$1.06M |
|
|
PACW
2944
DELISTED
PacWest Bancorp
PACW
| $702K | ﹤0.01% |
30,608
-3,502
| -10% | -$84.9K |
|
|
PRTY
2945
DELISTED
Party City Holdco Inc.
PRTY
| $701K | ﹤0.01% |
1,917,719
-530,999
| -22% | -$533K |
|
|
GAP
2946
The Gap Inc
GAP
$7.42B
| $700K | ﹤0.01% |
62,072
-739
| -1% | -$8.84K |
|
|
DHF
2947
BNY Mellon High Yield Strategies Fund
DHF
$174M
| $700K | ﹤0.01% |
323,893
-8,214
| -2% | -$18.2K |
|
|
PDO
2948
PIMCO Dynamic Income Opportunities Fund
PDO
$1.86B
| $699K | ﹤0.01% |
54,775
+8,071
| +17% | +$111K |
|
|
UMPQ
2949
DELISTED
Umpqua Holdings Corp
UMPQ
| $699K | ﹤0.01% |
39,136
-8,915
| -19% | -$168K |
|
2950
Elbit Systems
ESLT
$39.8B
| $699K | ﹤0.01% |
4,258
+264
| +7% | +$49.5K |
|
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.