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 | |
|---|---|---|---|---|---|---|
3051
Roundhill Sports Betting & iGaming ETF
BETZ
$49.8M
| $558K | ﹤0.01% |
42,740
-796
| -2% | -$12.1K |
|
3052
Under Armour Class C
UA
$2.84B
| $558K | ﹤0.01% |
93,565
-10,373
| -10% | -$81.2K |
|
3053
InMode
INMD
$878M
| $557K | ﹤0.01% |
19,143
-11,521
| -38% | -$357K |
|
3054
Mueller Industries
MLI
$15B
| $557K | ﹤0.01% |
37,512
+6,692
| +22% | +$104K |
|
3055
Teucrium Agricultural Fund
TAGS
$19.1M
| $557K | ﹤0.01% |
17,906
+100
| +0.6% | +$3.02K |
|
3056
Fidelity International High Dividend ETF
FIDI
$361M
| $556K | ﹤0.01% |
35,242
-361,717
| -91% | -$6.43M |
|
|
PFL
3057
PIMCO Income Strategy Fund
PFL
$386M
| $556K | ﹤0.01% |
69,753
+16,749
| +32% | +$152K |
|
|
BFK
3058
DELISTED
BlackRock Municipal Income Trust
BFK
| $555K | ﹤0.01% |
58,262
-16,825
| -22% | -$181K |
|
|
CHMI
3059
Cherry Hill Mortgage Investment Corp
CHMI
$84.9M
| $555K | ﹤0.01% |
113,041
-16,994
| -13% | -$111K |
|
|
EDF
3060
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$168M
| $555K | ﹤0.01% |
150,297
+8,867
| +6% | +$39.5K |
|
3061
Brunswick
BC
$5.38B
| $554K | ﹤0.01% |
8,459
+874
| +12% | +$65.6K |
|
3062
Bumble
BMBL
$404M
| $554K | ﹤0.01% |
25,779
+2,237
| +10% | +$66.1K |
|
3063
United States 12 Month Natural Gas Fund
UNL
$13.3M
| $553K | ﹤0.01% |
25,068
-1,460
| -6% | -$35.2K |
|
3064
WD-40
WDFC
$3.08B
| $553K | ﹤0.01% |
3,145
-38
| -1% | -$7.1K |
|
3065
FlexShares Credit-Scored US Corporate Bond Index Fund
SKOR
$737M
| $551K | ﹤0.01% |
12,070
-1,061
| -8% | -$50.4K |
|
|
CIO
3066
DELISTED
City Office REIT
CIO
| $550K | ﹤0.01% |
55,195
-2,435
| -4% | -$30K |
|
3067
PLDT
PHI
$4.26B
| $549K | ﹤0.01% |
21,694
+611
| +3% | +$18K |
|
3068
Vertiv
VRT
$106B
| $549K | ﹤0.01% |
56,531
+5,742
| +11% | +$64.5K |
|
3069
Franklin US Small Cap Multifactor Index ETF
FLQS
$52.6M
| $548K | ﹤0.01% |
18,299
+1,405
| +8% | +$46.5K |
|
3070
Ginkgo Bioworks
DNA
$609M
| $547K | ﹤0.01% |
4,384
+1,762
| +67% | +$210K |
|
3071
Kyndryl
KD
$3.15B
| $546K | ﹤0.01% |
66,020
-8,687
| -12% | -$90.3K |
|
3072
Towne Bank
TOWN
$3.51B
| $546K | ﹤0.01% |
20,339
-11,743
| -37% | -$337K |
|
3073
Coty
COTY
$2.49B
| $545K | ﹤0.01% |
86,311
+4,578
| +6% | +$34.6K |
|
3074
Invesco MSCI Global Timber ETF
CUT
$33.5M
| $544K | ﹤0.01% |
19,742
-450
| -2% | -$14.1K |
|
3075
Franklin Electric
FELE
$4.82B
| $544K | ﹤0.01% |
6,654
+59
| +0.9% | +$5.03K |
|
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.