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 | |
|---|---|---|---|---|---|---|
3226
iShares ESG Screened S&P Mid-Cap ETF
XJH
$431M
| $509K | ﹤0.01% |
+15,520
| New | +$508K |
|
|
FBMS
3227
DELISTED
The First Bancshares, Inc.
FBMS
| $509K | ﹤0.01% |
15,895
+200
| +1% | +$6.48K |
|
3228
AppFolio
APPF
$6.94B
| $509K | ﹤0.01% |
+4,828
| New | +$537K |
|
3229
Visteon
VC
$2.78B
| $508K | ﹤0.01% |
3,885
-1,095
| -22% | -$146K |
|
3230
ATI
ATI
$27.3B
| $508K | ﹤0.01% |
17,016
+1,620
| +11% | +$47.4K |
|
3231
Virtus Biotech Clinical Trials ETF
BBC
$48.4M
| $508K | ﹤0.01% |
20,324
-433
| -2% | -$10.8K |
|
3232
Acadia Realty Trust
AKR
$3.01B
| $507K | ﹤0.01% |
35,350
-3,075
| -8% | -$43.5K |
|
3233
Autoliv
ALV
$9.08B
| $506K | ﹤0.01% |
6,613
-140
| -2% | -$11.2K |
|
|
PRVB
3234
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $505K | ﹤0.01% |
47,783
+17,900
| +60% | +$144K |
|
3235
Rapid7
RPD
$701M
| $505K | ﹤0.01% |
14,849
+3,154
| +27% | +$113K |
|
3236
Bahl & Gaynor Small/Mid Cap Income Growth ETF
SMIG
$1.52B
| $505K | ﹤0.01% |
22,286
+7,332
| +49% | +$166K |
|
3237
CALL
Amazon
AMZN
$3T
| $504K | ﹤0.01% |
6,000
-100
| -2% | -$9.88K |
|
3238
Bumble
BMBL
$411M
| $504K | ﹤0.01% |
23,936
-1,843
| -7% | -$42.4K |
|
3239
Blink Charging
BLNK
$80.8M
| $503K | ﹤0.01% |
45,838
-2,533
| -5% | -$34.5K |
|
3240
CALL
Snowflake
SNOW
$111B
| $502K | ﹤0.01% |
3,500
| – | – |
|
3241
TriCo Bancshares
TCBK
$1.88B
| $502K | ﹤0.01% |
9,852
-1,084
| -10% | -$56.6K |
|
3242
Qualys
QLYS
$5.53B
| $502K | ﹤0.01% |
4,474
+60
| +1% | +$7.5K |
|
|
GNT
3243
GAMCO Natural Resources, Gold & Income Trust
GNT
$138M
| $502K | ﹤0.01% |
97,978
+55,888
| +133% | +$264K |
|
|
GHY
3244
PGIM Global High Yield Fund
GHY
$481M
| $501K | ﹤0.01% |
46,216
-1,718
| -4% | -$18.6K |
|
3245
Simpson Manufacturing
SSD
$8.09B
| $500K | ﹤0.01% |
5,635
-884
| -14% | -$77.2K |
|
|
NCZ
3246
Virtus Convertible & Income Fund II
NCZ
$298M
| $499K | ﹤0.01% |
43,348
+1,326
| +3% | +$15.7K |
|
|
CIVI
3247
DELISTED
Civitas Resources
CIVI
| $499K | ﹤0.01% |
8,617
+820
| +11% | +$52.9K |
|
|
TEAF
3248
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $499K | ﹤0.01% |
38,847
+9,891
| +34% | +$131K |
|
|
BTA
3249
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
| $498K | ﹤0.01% |
52,971
+13,112
| +33% | +$122K |
|
3250
Vishay Intertechnology
VSH
$5.99B
| $497K | ﹤0.01% |
23,050
-4,636
| -17% | -$97.9K |
|
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.