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 | |
|---|---|---|---|---|---|---|
3126
Invesco DB Precious Metals Fund
DBP
$237M
| $513K | ﹤0.01% |
11,963
-3,254
| -21% | -$145K |
|
3127
Q2 Holdings
QTWO
$3.89B
| $513K | ﹤0.01% |
15,921
+428
| +3% | +$17.4K |
|
3128
Cabot Corp
CBT
$4.62B
| $512K | ﹤0.01% |
8,018
-1,562
| -16% | -$110K |
|
3129
National Health Investors
NHI
$3.68B
| $512K | ﹤0.01% |
9,055
-186
| -2% | -$11.7K |
|
3130
Westrock Coffee
WEST
$807M
| $512K | ﹤0.01% |
+49,610
| New | +$526K |
|
|
SPWR
3131
DELISTED
SunPower Corporation Common Stock
SPWR
| $512K | ﹤0.01% |
22,225
-1,452
| -6% | -$32.7K |
|
|
KSM
3132
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $512K | ﹤0.01% |
64,724
+31,821
| +97% | +$289K |
|
3133
iShares iBonds 2026 Term High Yield and Income ETF
IBHF
$806M
| $511K | ﹤0.01% |
23,372
+11,786
| +102% | +$267K |
|
3134
National Bankshares
NKSH
$262M
| $511K | ﹤0.01% |
15,149
+2,500
| +20% | +$82.1K |
|
3135
Simpson Manufacturing
SSD
$7.91B
| $511K | ﹤0.01% |
6,519
-958
| -13% | -$92.7K |
|
3136
Virtus Biotech Clinical Trials ETF
BBC
$46.5M
| $510K | ﹤0.01% |
20,757
-1,524
| -7% | -$38.9K |
|
3137
BWX Technologies
BWXT
$15.9B
| $510K | ﹤0.01% |
10,130
+1,539
| +18% | +$83.1K |
|
3138
ProShares Short MidCap400
MYY
$2.95M
| $508K | ﹤0.01% |
18,339
-1,162
| -6% | -$29.5K |
|
3139
United Microelectronic
UMC
$46.9B
| $508K | ﹤0.01% |
91,133
-903
| -1% | -$5.96K |
|
|
FL
3140
DELISTED
Foot Locker
FL
| $507K | ﹤0.01% |
16,291
-4,739
| -23% | -$151K |
|
|
GHY
3141
PGIM Global High Yield Fund
GHY
$477M
| $507K | ﹤0.01% |
47,934
+863
| +2% | +$10K |
|
3142
JPMorgan BetaBuilders US Mid Cap Equity ETF
BBMC
$2.06B
| $506K | ﹤0.01% |
7,468
-339
| -4% | -$25.4K |
|
3143
RCM Technologies
RCMT
$202M
| $505K | ﹤0.01% |
+30,239
| New | +$524K |
|
3144
Tenable Holdings
TENB
$3.86B
| $505K | ﹤0.01% |
14,519
+3,504
| +32% | +$147K |
|
|
WTPI
3145
WisdomTree Equity Premium Income Fund
WTPI
$500M
| $505K | ﹤0.01% |
16,934
-41,299
| -71% | -$1.33M |
|
3146
Twist Bioscience
TWST
$6.29B
| $504K | ﹤0.01% |
14,293
+130
| +0.9% | +$5.52K |
|
3147
Aehr Test Systems
AEHR
$2.99B
| $502K | ﹤0.01% |
+35,590
| New | +$479K |
|
3148
Columbia Banking Systems
COLB
$8.91B
| $502K | ﹤0.01% |
17,362
+274
| +2% | +$8.26K |
|
3149
KB Home
KBH
$3.45B
| $502K | ﹤0.01% |
19,352
+1,699
| +10% | +$51.1K |
|
3150
Rapid7
RPD
$680M
| $502K | ﹤0.01% |
11,695
+817
| +8% | +$50.4K |
|
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.