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 | |
|---|---|---|---|---|---|---|
|
SPNS
3301
DELISTED
Sapiens International
SPNS
| $424K | ﹤0.01% |
22,122
-241
| -1% | -$5.46K |
|
|
ARCH
3302
DELISTED
Arch Resources, Inc.
ARCH
| $424K | ﹤0.01% |
3,576
+1,140
| +47% | +$158K |
|
3303
Fiverr
FVRR
$340M
| $423K | ﹤0.01% |
13,824
+95
| +0.7% | +$3.37K |
|
3304
Principal Exchange-Traded Funds Principal Quality ETF
PSET
$28.6M
| $423K | ﹤0.01% |
9,447
-460
| -5% | -$22.8K |
|
3305
TripAdvisor
TRIP
$1.69B
| $423K | ﹤0.01% |
19,179
-305
| -2% | -$6.83K |
|
3306
Union Bankshares
UNB
$109M
| $423K | ﹤0.01% |
18,704
+129
| +0.7% | +$3.32K |
|
|
IBA
3307
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $422K | ﹤0.01% |
+9,162
| New | +$419K |
|
3308
AXIS Capital
AXS
$7.72B
| $420K | ﹤0.01% |
8,549
-4,600
| -35% | -$244K |
|
3309
Innovator US Equity Buffer ETF July
BJUL
$349M
| $420K | ﹤0.01% |
14,408
-192
| -1% | -$6K |
|
3310
Semtech
SMTC
$11.1B
| $420K | ﹤0.01% |
14,265
-558
| -4% | -$26.1K |
|
3311
ADT
ADT
$5.76B
| $418K | ﹤0.01% |
55,861
-8,222
| -13% | -$62K |
|
3312
Bausch Health
BHC
$2.62B
| $418K | ﹤0.01% |
60,616
-3,833
| -6% | -$26.6K |
|
3313
Axsome Therapeutics
AXSM
$10.9B
| $417K | ﹤0.01% |
9,345
+487
| +5% | +$24.3K |
|
|
NKLA
3314
DELISTED
Nikola Corporation Common Stock
NKLA
| $417K | ﹤0.01% |
3,951
+1,005
| +34% | +$170K |
|
3315
Avient
AVNT
$3.43B
| $416K | ﹤0.01% |
13,738
-2,451
| -15% | -$102K |
|
|
EVBN
3316
DELISTED
Evans Bancorp Inc
EVBN
| $415K | ﹤0.01% |
11,311
| – | – |
|
|
RESE
3317
DELISTED
WisdomTree Emerging Markets ESG Fund
RESE
| $415K | ﹤0.01% |
16,942
+457
| +3% | +$12.7K |
|
3318
iShares Asia 50 ETF
AIA
$4.69B
| $414K | ﹤0.01% |
8,298
-36,050
| -81% | -$2.11M |
|
3319
Intrepid Potash
IPI
$447M
| $414K | ﹤0.01% |
10,456
+467
| +5% | +$20.3K |
|
3320
Schrodinger
SDGR
$1.14B
| $414K | ﹤0.01% |
16,564
+621
| +4% | +$18.3K |
|
3321
Red Rock Resorts
RRR
$3.84B
| $413K | ﹤0.01% |
12,044
+909
| +8% | +$34.5K |
|
3322
Arrowhead Research
ARWR
$12.1B
| $412K | ﹤0.01% |
12,467
-288
| -2% | -$11.6K |
|
3323
Crescent Capital BDC
CCAP
$414M
| $412K | ﹤0.01% |
27,419
+5,473
| +25% | +$92.3K |
|
3324
NBT Bancorp
NBTB
$2.75B
| $412K | ﹤0.01% |
10,864
-250
| -2% | -$9.87K |
|
3325
Anavex Life Sciences
AVXL
$273M
| $411K | ﹤0.01% |
39,840
+2,410
| +6% | +$25.4K |
|
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.