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 | |
|---|---|---|---|---|---|---|
2976
Dana Inc
DAN
$2.9B
| $643K | ﹤0.01% |
45,674
+3,229
| +8% | +$50.1K |
|
2977
EnerSys
ENS
$6.78B
| $642K | ﹤0.01% |
10,896
+138
| +1% | +$9.1K |
|
2978
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$561M
| $642K | ﹤0.01% |
11,890
-5,305
| -31% | -$311K |
|
|
AIMC
2979
DELISTED
Altra Industrial Motion Corp
AIMC
| $642K | ﹤0.01% |
18,216
+3,896
| +27% | +$145K |
|
2980
PLDT
PHI
$4.25B
| $641K | ﹤0.01% |
21,083
-3,490
| -14% | -$124K |
|
2981
WD-40
WDFC
$3.05B
| $641K | ﹤0.01% |
3,183
-411
| -11% | -$76.7K |
|
2982
Vanguard Ultra-Short Bond ETF
VUSB
$8.94B
| $640K | ﹤0.01% |
+13,008
| New | +$641K |
|
|
ETX
2983
Eaton Vance Municipal Income 2028 Term Trust
ETX
$198M
| $639K | ﹤0.01% |
30,849
+44
| +0.1% | +$897 |
|
2984
CALL
Amazon
AMZN
$2.92T
| $637K | ﹤0.01% |
+6,000
| New | +$751K |
|
2985
ALPS Medical Breakthroughs ETF
SBIO
$201M
| $636K | ﹤0.01% |
22,956
-5,220
| -19% | -$149K |
|
|
WFH
2986
DELISTED
Direxion Work From Home ETF
WFH
| $636K | ﹤0.01% |
13,405
-2,012
| -13% | -$109K |
|
2987
PubMatic
PUBM
$585M
| $635K | ﹤0.01% |
39,482
+7,534
| +24% | +$161K |
|
2988
KBR
KBR
$4.62B
| $634K | ﹤0.01% |
13,103
-1,757
| -12% | -$86.8K |
|
2989
Northwest Bancshares
NWBI
$2.3B
| $632K | ﹤0.01% |
49,373
+2,549
| +5% | +$32.5K |
|
2990
Viemed Healthcare
VMD
$447M
| $632K | ﹤0.01% |
117,490
+13,600
| +13% | +$73.3K |
|
2991
iShares MSCI Israel ETF
EIS
$889M
| $631K | ﹤0.01% |
10,656
-347
| -3% | -$22.9K |
|
|
LAZR
2992
DELISTED
Luminar Technologies
LAZR
| $631K | ﹤0.01% |
7,099
+2,264
| +47% | +$362K |
|
2993
Ohio Valley Banc Corp
OVBC
$198M
| $631K | ﹤0.01% |
20,913
| – | – |
|
|
DMO
2994
Western Asset Mortgage Opportunity Fund
DMO
$118M
| $630K | ﹤0.01% |
53,981
+2,729
| +5% | +$33.5K |
|
2995
InfraCap REIT Preferred ETF
PFFR
$119M
| $630K | ﹤0.01% |
32,985
+12,567
| +62% | +$251K |
|
|
HSKA
2996
DELISTED
Heska Corp
HSKA
| $630K | ﹤0.01% |
6,664
+764
| +13% | +$82.5K |
|
2997
Itron
ITRI
$4.36B
| $629K | ﹤0.01% |
12,730
+1,404
| +12% | +$69.7K |
|
2998
Invesco Municipal Income Opportunities Trust
OIA
$289M
| $629K | ﹤0.01% |
97,483
-7,784
| -7% | -$51.2K |
|
2999
C3.ai
AI
$1.43B
| $628K | ﹤0.01% |
34,380
+5,453
| +19% | +$100K |
|
3000
Fastly Inc
FSLY
$3.55B
| $628K | ﹤0.01% |
54,096
-1,419
| -3% | -$20K |
|
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.