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 | |
|---|---|---|---|---|---|---|
3451
Steven Madden
SHOO
$3.37B
| $369K | ﹤0.01% |
11,469
-60
| -0.5% | -$2.27K |
|
3452
StoneCo
STNE
$2.77B
| $369K | ﹤0.01% |
47,979
+1,262
| +3% | +$12.1K |
|
3453
ATI
ATI
$25.6B
| $368K | ﹤0.01% |
16,210
-2,007
| -11% | -$52.9K |
|
3454
VanEck Morningstar International Moat ETF
MOTI
$74.2M
| $368K | ﹤0.01% |
12,755
-374,654
| -97% | -$11.3M |
|
|
ERH
3455
Allspring Utilities & High Income Fund
ERH
$105M
| $367K | ﹤0.01% |
+30,320
| New | +$384K |
|
3456
Invesco PHLX Semiconductor ETF
SOXQ
$2.28B
| $367K | ﹤0.01% |
+18,215
| New | +$423K |
|
|
WSR
3457
DELISTED
Whitestone REIT
WSR
| $367K | ﹤0.01% |
34,094
+13
| +0% | +$156 |
|
3458
WillScot Mobile Mini Holdings
WSC
$4.39B
| $366K | ﹤0.01% |
11,299
+538
| +5% | +$19K |
|
3459
Anterix
ATEX
$1.81B
| $365K | ﹤0.01% |
8,891
+42
| +0.5% | +$2.04K |
|
3460
Greif Class B
GEF.B
$4.11B
| $364K | ﹤0.01% |
5,842
+2,381
| +69% | +$142K |
|
3461
Brixmor Property Group
BRX
$9.67B
| $363K | ﹤0.01% |
17,954
-13,751
| -43% | -$325K |
|
3462
Cousins Properties
CUZ
$5.19B
| $363K | ﹤0.01% |
12,424
-13,238
| -52% | -$458K |
|
3463
Minerals Technologies
MTX
$2.36B
| $363K | ﹤0.01% |
5,917
+318
| +6% | +$20.3K |
|
3464
Axalta
AXTA
$7.66B
| $362K | ﹤0.01% |
16,375
-359
| -2% | -$9.13K |
|
3465
WisdomTree Mortgage Plus Bond Fund
MTGP
$69.6M
| $362K | ﹤0.01% |
7,886
-53,491
| -87% | -$2.48M |
|
3466
Watts Water Technologies
WTS
$11.5B
| $362K | ﹤0.01% |
2,948
+1,020
| +53% | +$132K |
|
3467
Arcosa
ACA
$7.13B
| $361K | ﹤0.01% |
7,785
-887
| -10% | -$46.5K |
|
3468
CollPlant Biotechnologies
CLGN
$5.16M
| $361K | ﹤0.01% |
+45,070
| New | +$414K |
|
3469
Gildan
GIL
$10.3B
| $361K | ﹤0.01% |
12,559
-761
| -6% | -$24.3K |
|
3470
Polestar Automotive Holding UK
PSNY
$2.09B
| $361K | ﹤0.01% |
+1,366
| New | +$438K |
|
3471
FT Vest US Equity Buffer ETF August
FAUG
$1.19B
| $360K | ﹤0.01% |
+10,422
| New | +$374K |
|
|
MUE
3472
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $360K | ﹤0.01% |
32,662
+16,403
| +101% | +$182K |
|
3473
Invesco S&P SmallCap Industrials ETF
PSCI
$184M
| $359K | ﹤0.01% |
4,409
+422
| +11% | +$36.5K |
|
3474
BlackRock Capital Allocation Term Trust
BCAT
$1.65B
| $358K | ﹤0.01% |
+24,446
| New | +$377K |
|
|
COOP
3475
DELISTED
Mr. Cooper
COOP
| $358K | ﹤0.01% |
9,746
-594
| -6% | -$25.2K |
|
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.