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 | |
|---|---|---|---|---|---|---|
|
DBS
3101
DELISTED
Invesco DB Silver Fund
DBS
| $587K | ﹤0.01% |
18,047
+3,176
| +21% | +$92K |
|
|
BRSL
3102
Brightstar Lottery PLC
BRSL
$2.08B
| $587K | ﹤0.01% |
25,891
-8,020
| -24% | -$174K |
|
|
EXK
3103
Endeavour Silver
EXK
$2.47B
| $587K | ﹤0.01% |
181,119
-8,518
| -4% | -$28.7K |
|
3104
Harbor Dividend Growth Leaders ETF
GDIV
$238M
| $587K | ﹤0.01% |
49,556
+35,031
| +241% | +$430K |
|
3105
ProShares Decline of the Retail Store ETF
EMTY
$2.86M
| $586K | ﹤0.01% |
19,795
-150
| -0.8% | -$4.52K |
|
3106
Arrowhead Research
ARWR
$12.6B
| $586K | ﹤0.01% |
14,436
+1,969
| +16% | +$65.2K |
|
3107
Sprout Social
SPT
$526M
| $585K | ﹤0.01% |
10,369
-38
| -0.4% | -$2.23K |
|
3108
First Trust Emerging Markets Equity Select ETF
RNEM
$17.2M
| $585K | ﹤0.01% |
13,748
+2,667
| +24% | +$110K |
|
3109
APi Group
APG
$18B
| $585K | ﹤0.01% |
46,619
-5,703
| -11% | -$65.9K |
|
3110
Trump Media & Technology Group
DJT
$2.86B
| $583K | ﹤0.01% |
38,879
-5,676
| -13% | -$111K |
|
3111
Clearway Energy Class C
CWEN
$4.94B
| $583K | ﹤0.01% |
18,277
-295
| -2% | -$9.94K |
|
3112
Hanover Insurance
THG
$7.94B
| $582K | ﹤0.01% |
4,310
+218
| +5% | +$30.4K |
|
3113
Telkom Indonesia
TLK
$15.1B
| $582K | ﹤0.01% |
24,402
+15,456
| +173% | +$402K |
|
|
KSM
3114
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $582K | ﹤0.01% |
71,234
+6,510
| +10% | +$52.2K |
|
3115
MYR Group
MYRG
$5.3B
| $582K | ﹤0.01% |
6,318
-580
| -8% | -$52.6K |
|
3116
Sphere Entertainment
SPHR
$5.69B
| $581K | ﹤0.01% |
12,919
-511
| -4% | -$23.1K |
|
3117
Accel Entertainment
ACEL
$990M
| $580K | ﹤0.01% |
75,292
+35,688
| +90% | +$306K |
|
3118
Philips
PHG
$25.9B
| $579K | ﹤0.01% |
45,085
-294,976
| -87% | -$3.56M |
|
|
PFL
3119
PIMCO Income Strategy Fund
PFL
$384M
| $577K | ﹤0.01% |
71,205
+1,452
| +2% | +$12K |
|
|
PNT
3120
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $576K | ﹤0.01% |
79,070
| – | – |
|
|
ETB
3121
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$460M
| $575K | ﹤0.01% |
43,757
+6,831
| +18% | +$97.3K |
|
3122
TRI-Continental Corp
TY
$1.9B
| $575K | ﹤0.01% |
22,418
-5,105
| -19% | -$136K |
|
3123
Global X Variable Rate Preferred ETF
PFFV
$304M
| $574K | ﹤0.01% |
25,509
-3,020
| -11% | -$69.3K |
|
3124
BellRing Brands
BRBR
$1.48B
| $574K | ﹤0.01% |
22,385
+710
| +3% | +$17.1K |
|
3125
ALPS Strategic Income Fund
RIGS
$60.9M
| $574K | ﹤0.01% |
25,360
-1,714
| -6% | -$38.6K |
|
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.