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 | |
|---|---|---|---|---|---|---|
|
ODP
3826
DELISTED
ODP
ODP
| $244K | ﹤0.01% |
+5,354
| New | +$229K |
|
3827
Dine Brands
DIN
$456M
| $244K | ﹤0.01% |
+3,772
| New | +$263K |
|
3828
MACOM Technology Solutions
MTSI
$19.2B
| $243K | ﹤0.01% |
+3,865
| New | +$241K |
|
3829
Tenaris
TS
$28.9B
| $243K | ﹤0.01% |
+6,912
| New | +$221K |
|
|
JBTM
3830
JBT Marel
JBTM
$7.21B
| $243K | ﹤0.01% |
2,658
-801
| -23% | -$73.3K |
|
3831
ProShares UltraPro QQQ
TQQQ
$32.1B
| $243K | ﹤0.01% |
+28,056
| New | +$285K |
|
|
LICY
3832
DELISTED
Li-Cycle Holdings Corp.
LICY
| $243K | ﹤0.01% |
6,372
-399
| -6% | -$17.9K |
|
3833
Fluence Energy
FLNC
$1.85B
| $242K | ﹤0.01% |
+14,089
| New | +$222K |
|
3834
Seneca Foods Class A
SENEA
$1.12B
| $241K | ﹤0.01% |
3,958
-456
| -10% | -$28K |
|
3835
Ameris Bancorp
ABCB
$5.85B
| $241K | ﹤0.01% |
5,105
-5,418
| -51% | -$271K |
|
|
IRBT
3836
CALL
DELISTED
iRobot
IRBT
| $241K | ﹤0.01% |
5,000
| – | – |
|
3837
FT Vest Nasdaq-100 Buffer ETF September
QSPT
$622M
| $241K | ﹤0.01% |
+14,460
| New | +$246K |
|
|
ESCR
3838
DELISTED
Xtrackers Bloomberg US Investment Grade Corporate ESG ETF
ESCR
| $240K | ﹤0.01% |
+13,412
| New | +$238K |
|
3839
KT
KT
$8.62B
| $240K | ﹤0.01% |
17,763
-65,604
| -79% | -$873K |
|
3840
WisdomTree International AI Enhanced Value Fund
AIVI
$61.7M
| $240K | ﹤0.01% |
6,635
-150
| -2% | -$5.12K |
|
3841
Marcus & Millichap
MMI
$1.16B
| $240K | ﹤0.01% |
6,955
+694
| +11% | +$24.6K |
|
3842
Anterix
ATEX
$1.81B
| $239K | ﹤0.01% |
7,439
-1,230
| -14% | -$41.9K |
|
3843
Jack in the Box
JACK
$312M
| $239K | ﹤0.01% |
3,507
+254
| +8% | +$19.5K |
|
3844
Banner Corp
BANR
$2.39B
| $239K | ﹤0.01% |
3,785
+41
| +1% | +$2.75K |
|
3845
WisdomTree Mortgage Plus Bond Fund
MTGP
$69.6M
| $239K | ﹤0.01% |
5,488
-675
| -11% | -$29.3K |
|
3846
Sibanye-Stillwater
SBSW
$6.26B
| $239K | ﹤0.01% |
22,392
-83,766
| -79% | -$850K |
|
3847
St. Joe Company
JOE
$3.54B
| $238K | ﹤0.01% |
+6,157
| New | +$220K |
|
|
DNMR
3848
DELISTED
Danimer Scientific, Inc.
DNMR
| $237K | ﹤0.01% |
3,313
+145
| +5% | +$13.7K |
|
|
FFWM
3849
DELISTED
First Foundation Inc
FFWM
| $237K | ﹤0.01% |
16,550
+338
| +2% | +$5.23K |
|
3850
FT Vest US Equity Buffer ETF October
FOCT
$1.16B
| $237K | ﹤0.01% |
+7,184
| New | +$236K |
|
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.