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 | |
|---|---|---|---|---|---|---|
|
MVF
3601
DELISTED
BlackRock MuniVest Fund
MVF
| $320K | ﹤0.01% |
45,602
-12,803
| -22% | -$85.9K |
|
|
BECN
3602
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $319K | ﹤0.01% |
6,047
-939
| -13% | -$53.1K |
|
3603
Cheesecake Factory
CAKE
$5.18B
| $319K | ﹤0.01% |
10,049
+502
| +5% | +$16.8K |
|
3604
Matinas BioPharma
MTNB
$1.92M
| $317K | ﹤0.01% |
12,699
+300
| +2% | +$9.98K |
|
3605
Fiverr
FVRR
$345M
| $317K | ﹤0.01% |
10,891
-2,933
| -21% | -$92.1K |
|
3606
Vaalco Energy
EGY
$567M
| $316K | ﹤0.01% |
69,383
+4,499
| +7% | +$22.6K |
|
3607
Petco
WOOF
$814M
| $316K | ﹤0.01% |
33,321
-10,666
| -24% | -$109K |
|
3608
Escalade
ESCA
$287M
| $316K | ﹤0.01% |
31,024
-307
| -1% | -$3.19K |
|
3609
Global X Blockchain ETF
BKCH
$214M
| $316K | ﹤0.01% |
24,519
+3,924
| +19% | +$73.8K |
|
3610
Kratos Defense & Security Solutions
KTOS
$9.05B
| $315K | ﹤0.01% |
30,546
-2,283
| -7% | -$22.7K |
|
|
PEO
3611
Adams Natural Resources Fund
PEO
$738M
| $315K | ﹤0.01% |
+15,021
| New | +$322K |
|
3612
Lemonade
LMND
$4.17B
| $315K | ﹤0.01% |
22,999
-3,608
| -14% | -$71.3K |
|
3613
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$44.9M
| $315K | ﹤0.01% |
13,213
+4,360
| +49% | +$101K |
|
3614
Nuveen New York Municipal Value Fund
NNY
$156M
| $314K | ﹤0.01% |
38,015
+332
| +0.9% | +$2.74K |
|
3615
B2Gold
BTG
$5.05B
| $314K | ﹤0.01% |
87,895
+3,800
| +5% | +$12.6K |
|
3616
Cerence
CRNC
$405M
| $313K | ﹤0.01% |
16,917
-7,017
| -29% | -$120K |
|
3617
Custom Truck One Source
CTOS
$2.47B
| $313K | ﹤0.01% |
49,561
-4,098
| -8% | -$26.6K |
|
3618
Ethan Allen Interiors
ETD
$585M
| $312K | ﹤0.01% |
+11,818
| New | +$305K |
|
|
UNVR
3619
DELISTED
Univar Solutions Inc.
UNVR
| $311K | ﹤0.01% |
9,791
-226
| -2% | -$6.49K |
|
|
AL
3620
DELISTED
Air Lease Corp
AL
| $311K | ﹤0.01% |
8,097
+94
| +1% | +$3.38K |
|
3621
Interface
TILE
$2.04B
| $311K | ﹤0.01% |
31,475
+892
| +3% | +$9.38K |
|
3622
Ginkgo Bioworks
DNA
$573M
| $311K | ﹤0.01% |
4,595
+211
| +5% | +$19.4K |
|
|
ESEB
3623
DELISTED
Xtrackers J.P. Morgan ESG Emerging Markets Sovereign ETF
ESEB
| $310K | ﹤0.01% |
18,905
-4,068
| -18% | -$65.2K |
|
3624
Norwood Financial Corp
NWFL
$374M
| $310K | ﹤0.01% |
9,275
-2,000
| -18% | -$60.5K |
|
3625
Transcat
TRNS
$824M
| $310K | ﹤0.01% |
4,371
+711
| +19% | +$54.2K |
|
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.