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 | |
|---|---|---|---|---|---|---|
|
HDRO
3451
DELISTED
Defiance Next Gen H2 ETF
HDRO
| $351K | ﹤0.01% |
4,822
+136
| +3% | +$12.9K |
|
3452
ClearPoint Neuro
CLPT
$460M
| $348K | ﹤0.01% |
33,625
+1,775
| +6% | +$23.4K |
|
3453
Delek US
DK
$4.12B
| $348K | ﹤0.01% |
12,815
-3,365
| -21% | -$88.8K |
|
3454
Sprott Junior Gold Miners ETF
SGDJ
$270M
| $348K | ﹤0.01% |
14,349
+485
| +3% | +$12.8K |
|
3455
First Commonwealth Financial
FCF
$2.19B
| $347K | ﹤0.01% |
26,994
+422
| +2% | +$5.92K |
|
3456
Li Auto
LI
$12.9B
| $347K | ﹤0.01% |
15,090
+2,094
| +16% | +$65.2K |
|
|
MUE
3457
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $347K | ﹤0.01% |
35,702
+3,040
| +9% | +$33.9K |
|
3458
First Trust Latin America AlphaDEX Fund
FLN
$37.6M
| $346K | ﹤0.01% |
22,080
-7,276
| -25% | -$123K |
|
3459
Independent Bank
INDB
$4.03B
| $346K | ﹤0.01% |
4,639
+219
| +5% | +$17.7K |
|
3460
Valvoline
VVV
$4.99B
| $346K | ﹤0.01% |
13,673
-896
| -6% | -$26.2K |
|
|
ETRN
3461
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $346K | ﹤0.01% |
46,280
+908
| +2% | +$7.59K |
|
3462
Griffon
GFF
$4.02B
| $345K | ﹤0.01% |
+11,695
| New | +$355K |
|
3463
Morningstar
MORN
$7.46B
| $345K | ﹤0.01% |
1,623
-337
| -17% | -$80.1K |
|
3464
Trupanion
TRUP
$1.08B
| $345K | ﹤0.01% |
5,810
+116
| +2% | +$7.79K |
|
|
BSDE
3465
DELISTED
Invesco BulletShares 2024 USD Emerging Markets Debt ETF
BSDE
| $345K | ﹤0.01% |
+14,535
| New | +$351K |
|
|
CCEC
3466
Capital Clean Energy Carriers
CCEC
$1.39B
| $344K | ﹤0.01% |
25,707
-590
| -2% | -$8.6K |
|
|
AMNB
3467
DELISTED
American National Bankshares Inc
AMNB
| $344K | ﹤0.01% |
+10,771
| New | +$369K |
|
3468
FT Vest Fund of Deep Buffer ETFs
BUFD
$1.97B
| $343K | ﹤0.01% |
+17,972
| New | +$357K |
|
3469
Avnet
AVT
$7.3B
| $342K | ﹤0.01% |
9,477
-716
| -7% | -$30.8K |
|
3470
CGI
GIB
$15.2B
| $342K | ﹤0.01% |
4,544
-407
| -8% | -$33.2K |
|
3471
Protolabs
PRLB
$1.87B
| $342K | ﹤0.01% |
9,399
-1,838
| -16% | -$79.7K |
|
3472
Genasys
GNSS
$77M
| $341K | ﹤0.01% |
123,045
+3,000
| +2% | +$9.37K |
|
3473
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.34B
| $341K | ﹤0.01% |
+15,808
| New | +$357K |
|
3474
Enpro
NPO
$6.73B
| $341K | ﹤0.01% |
4,010
+258
| +7% | +$23.5K |
|
|
USEQ
3475
DELISTED
Invesco Russell 1000 Enhanced Equal Weight ETF
USEQ
| $341K | ﹤0.01% |
11,306
+541
| +5% | +$18.1K |
|
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.