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 | |
|---|---|---|---|---|---|---|
3126
JPMorgan BetaBuilders US Mid Cap Equity ETF
BBMC
$2.03B
| $545K | ﹤0.01% |
7,807
-9
| -0.1% | -$693 |
|
3127
Global X MSCI Norway ETF
NORW
$88M
| $545K | ﹤0.01% |
20,887
+676
| +3% | +$19.8K |
|
3128
SSR Mining
SSRM
$5.32B
| $544K | ﹤0.01% |
32,576
-4,704
| -13% | -$97.1K |
|
3129
AMC Global Media
AMCX
$492M
| $542K | ﹤0.01% |
18,625
-502
| -3% | -$17.7K |
|
|
ULTR
3130
DELISTED
IQ Ultra Short Duration ETF
ULTR
| $541K | ﹤0.01% |
+11,366
| New | +$544K |
|
|
GHY
3131
PGIM Global High Yield Fund
GHY
$478M
| $540K | ﹤0.01% |
47,071
+7,775
| +20% | +$96.1K |
|
3132
Bausch Health
BHC
$2.58B
| $539K | ﹤0.01% |
64,449
+361
| +0.6% | +$5.05K |
|
3133
Peloton Interactive
PTON
$2.77B
| $539K | ﹤0.01% |
58,680
+2,425
| +4% | +$38.9K |
|
3134
Protolabs
PRLB
$1.79B
| $538K | ﹤0.01% |
11,237
-865
| -7% | -$40.1K |
|
3135
First Trust Alerian Disruptive Technology Real Estate ETF
DTRE
$14.7M
| $536K | ﹤0.01% |
12,725
-1,871
| -13% | -$87.3K |
|
3136
Radware
RDWR
$1.1B
| $535K | ﹤0.01% |
24,702
-2,011
| -8% | -$52.6K |
|
3137
Vishay Intertechnology
VSH
$5.25B
| $533K | ﹤0.01% |
29,901
+2,554
| +9% | +$48.5K |
|
3138
WisdomTree Managed Futures Strategy Fund
WTMF
$245M
| $533K | ﹤0.01% |
15,174
+4,273
| +39% | +$153K |
|
|
GAP
3139
The Gap Inc
GAP
$7.23B
| $533K | ﹤0.01% |
64,666
+4,804
| +8% | +$55.6K |
|
3140
StepStone Group
STEP
$3.61B
| $532K | ﹤0.01% |
20,421
-2,086
| -9% | -$56.8K |
|
|
FL
3141
DELISTED
Foot Locker
FL
| $531K | ﹤0.01% |
21,030
+1,400
| +7% | +$41.8K |
|
3142
Franklin US Small Cap Multifactor Index ETF
FLQS
$51.8M
| $531K | ﹤0.01% |
16,894
+1,538
| +10% | +$51.3K |
|
3143
iShares Global Equity Factor ETF
GLOF
$216M
| $531K | ﹤0.01% |
17,108
+911
| +6% | +$31K |
|
|
AAT
3144
American Assets Trust
AAT
$1.45B
| $530K | ﹤0.01% |
17,854
+4,523
| +34% | +$151K |
|
3145
Editas Medicine
EDIT
$396M
| $530K | ﹤0.01% |
44,760
+6,831
| +18% | +$91.5K |
|
3146
Iovance Biotherapeutics
IOVA
$1.82B
| $530K | ﹤0.01% |
48,014
+23,018
| +92% | +$302K |
|
3147
ProShares Short MidCap400
MYY
$2.97M
| $530K | ﹤0.01% |
+19,501
| New | +$493K |
|
|
MVF
3148
DELISTED
BlackRock MuniVest Fund
MVF
| $529K | ﹤0.01% |
70,971
-19,328
| -21% | -$146K |
|
3149
Innovator US Equity Ultra Buffer ETF October
UOCT
$180M
| $529K | ﹤0.01% |
20,064
| – | – |
|
3150
KNOT Offshore Partners
KNOP
$372M
| $528K | ﹤0.01% |
32,244
+4,374
| +16% | +$74.7K |
|
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.