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 | |
|---|---|---|---|---|---|---|
|
GLU
3176
Gabelli Utility & Income Trust
GLU
$114M
| $489K | ﹤0.01% |
34,932
+7,599
| +28% | +$122K |
|
3177
Weatherford International
WFRD
$6.33B
| $489K | ﹤0.01% |
15,130
| – | – |
|
|
ETB
3178
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$458M
| $488K | ﹤0.01% |
36,926
+166
| +0.5% | +$2.63K |
|
3179
Swan Hedged Equity US Large Cap ETF
HEGD
$719M
| $488K | ﹤0.01% |
29,023
+1,297
| +5% | +$22.5K |
|
3180
TriCo Bancshares
TCBK
$1.86B
| $488K | ﹤0.01% |
10,936
-1,628
| -13% | -$76.4K |
|
3181
Franklin FTSE Europe ETF
FLEE
$119M
| $486K | ﹤0.01% |
24,153
-56,676
| -70% | -$1.28M |
|
3182
Schwab 1000 Index ETF
SCHK
$5.8B
| $486K | ﹤0.01% |
28,078
+4,978
| +22% | +$95.8K |
|
3183
Acadia Realty Trust
AKR
$3.07B
| $485K | ﹤0.01% |
38,425
+25
| +0.1% | +$401 |
|
3184
Ambarella
AMBA
$3.63B
| $485K | ﹤0.01% |
8,641
+18
| +0.2% | +$1.33K |
|
3185
Sonos
SONO
$1.87B
| $485K | ﹤0.01% |
34,886
-33,232
| -49% | -$590K |
|
3186
AngloGold Ashanti
AU
$41.3B
| $484K | ﹤0.01% |
35,026
-3,128
| -8% | -$44.6K |
|
3187
Global X Blockchain ETF
BKCH
$215M
| $484K | ﹤0.01% |
20,595
+6,104
| +42% | +$165K |
|
3188
Carter Bankshares
CARE
$785M
| $484K | ﹤0.01% |
30,058
| – | – |
|
3189
Hamilton Lane
HLNE
$5.24B
| $484K | ﹤0.01% |
8,116
-1,695
| -17% | -$120K |
|
3190
Kforce
KFRC
$1.03B
| $484K | ﹤0.01% |
8,258
-3,142
| -28% | -$187K |
|
3191
Qiagen
QGEN
$8.73B
| $484K | ﹤0.01% |
11,065
-1,960
| -15% | -$96.8K |
|
|
LSST
3192
DELISTED
Natixis Loomis Sayles Short Duration Income ETF
LSST
| $484K | ﹤0.01% |
+20,657
| New | +$492K |
|
3193
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$268M
| $483K | ﹤0.01% |
19,348
+3,629
| +23% | +$95.1K |
|
3194
CVB Financial
CVBF
$4.03B
| $482K | ﹤0.01% |
19,039
-46,390
| -71% | -$1.21M |
|
|
EVA
3195
DELISTED
Enviva Inc.
EVA
| $482K | ﹤0.01% |
8,017
+338
| +4% | +$22.7K |
|
3196
ProShares Inflation Expectations ETF
RINF
$18.3M
| $480K | ﹤0.01% |
15,372
-69,493
| -82% | -$2.24M |
|
3197
Dimensional Emerging Core Equity Market ETF
DFAE
$9.38B
| $479K | ﹤0.01% |
+23,828
| New | +$538K |
|
3198
Prosperity Bancshares
PB
$9.02B
| $477K | ﹤0.01% |
7,152
+761
| +12% | +$54.4K |
|
3199
Nuveen AMT-Free Municipal Value Fund
NUW
$250M
| $476K | ﹤0.01% |
36,279
+3,176
| +10% | +$44.7K |
|
3200
Sylvamo
SLVM
$1.52B
| $476K | ﹤0.01% |
14,038
+1,442
| +11% | +$54.7K |
|
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.