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 | |
|---|---|---|---|---|---|---|
3176
Cushman & Wakefield Ltd
CWK
$3.14B
| $512K | ﹤0.01% |
+33,584
| New | +$590K |
|
3177
Assurant
AIZ
$13.8B
| $511K | ﹤0.01% |
2,954
+1,795
| +155% | +$325K |
|
3178
Invesco BulletShares 2027 High Yield Corporate Bond ETF
BSJR
$857M
| $511K | ﹤0.01% |
24,192
+1,383
| +6% | +$31.3K |
|
3179
VanEck Uranium + Nuclear Energy ETF
NLR
$3.82B
| $511K | ﹤0.01% |
9,777
+4,357
| +80% | +$242K |
|
3180
Insight Enterprises
NSIT
$3.89B
| $510K | ﹤0.01% |
5,906
+428
| +8% | +$41.8K |
|
|
EVG
3181
Eaton Vance Short Duration Diversified Income Fund
EVG
$141M
| $509K | ﹤0.01% |
47,341
+29
| +0.1% | +$311 |
|
|
MYD
3182
DELISTED
BlackRock MuniYield Fund
MYD
| $509K | ﹤0.01% |
45,699
+3,478
| +8% | +$39.7K |
|
3183
Rimini Street
RMNI
$449M
| $509K | ﹤0.01% |
84,669
+1,000
| +1% | +$5.95K |
|
3184
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.9M
| $509K | ﹤0.01% |
19,875
-1,202
| -6% | -$33.8K |
|
3185
Western Union
WU
$1.98B
| $509K | ﹤0.01% |
30,876
+975
| +3% | +$17.2K |
|
3186
Moog Inc Class A
MOG.A
$12.4B
| $508K | ﹤0.01% |
6,404
+59
| +0.9% | +$4.78K |
|
3187
BlackRock MuniAssets Fund
MUA
$509M
| $508K | ﹤0.01% |
41,748
+15,540
| +59% | +$184K |
|
3188
CALL
Universal Display
OLED
$3.68B
| $506K | ﹤0.01% |
+5,000
| New | +$643K |
|
|
MTOR
3189
DELISTED
MERITOR, Inc.
MTOR
| $506K | ﹤0.01% |
13,935
+3,373
| +32% | +$121K |
|
3190
Core Laboratories
CLB
$488M
| $505K | ﹤0.01% |
25,496
-50,320
| -66% | -$1.34M |
|
3191
Clearfield
CLFD
$411M
| $505K | ﹤0.01% |
8,152
-2,027
| -20% | -$119K |
|
3192
Franklin FTSE Canada ETF
FLCA
$805M
| $505K | ﹤0.01% |
16,516
-791
| -5% | -$26.4K |
|
3193
VanEck Vietnam ETF
VNM
$491M
| $505K | ﹤0.01% |
35,054
-15,884
| -31% | -$260K |
|
3194
Grocery Outlet
GO
$909M
| $503K | ﹤0.01% |
11,789
+2,842
| +32% | +$104K |
|
3195
FlexShares US Quality Large Cap Index Fund
QLC
$1B
| $503K | ﹤0.01% |
11,981
+187
| +2% | +$8.53K |
|
3196
KB Home
KBH
$3.37B
| $502K | ﹤0.01% |
17,653
-499
| -3% | -$15.9K |
|
3197
Red River Bancshares
RRBI
$662M
| $501K | ﹤0.01% |
9,258
| – | – |
|
3198
Tenable Holdings
TENB
$3.6B
| $500K | ﹤0.01% |
11,015
-4,581
| -29% | -$236K |
|
3199
SLR Investment Corp
SLRC
$686M
| $499K | ﹤0.01% |
34,086
+11,897
| +54% | +$191K |
|
3200
Global X Adaptive US Factor ETF
AUSF
$900M
| $498K | ﹤0.01% |
17,245
-288
| -2% | -$8.74K |
|
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.