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 | |
|---|---|---|---|---|---|---|
|
BGH
4101
Barings Global Short Duration High Yield Fund
BGH
$282M
| $131K | ﹤0.01% |
10,315
-1,856
| -15% | -$23.7K |
|
4102
GoodRx Holdings
GDRX
$1.04B
| $131K | ﹤0.01% |
28,064
-18,035
| -39% | -$88.8K |
|
|
MHF
4103
Western Asset Municipal High Income Fund
MHF
$151M
| $131K | ﹤0.01% |
20,495
| – | – |
|
4104
Payoneer
PAYO
$2.42B
| $130K | ﹤0.01% |
23,840
+4,525
| +23% | +$28.4K |
|
4105
Archrock
AROC
$6.27B
| $130K | ﹤0.01% |
14,464
+1,231
| +9% | +$9.86K |
|
|
PCM
4106
PCM Fund
PCM
$69.3M
| $129K | ﹤0.01% |
16,444
+10
| +0.1% | +$83 |
|
4107
Wolverine World Wide
WWW
$1.61B
| $129K | ﹤0.01% |
11,760
-3,659
| -24% | -$48.6K |
|
|
ME
4108
DELISTED
23andMe Holding Co
ME
| $128K | ﹤0.01% |
2,975
-889
| -23% | -$51.8K |
|
4109
CALL
Palantir
PLTR
$295B
| $128K | ﹤0.01% |
20,000
| – | – |
|
|
WEBR
4110
DELISTED
Weber Inc.
WEBR
| $128K | ﹤0.01% |
15,874
+2,386
| +18% | +$16.7K |
|
4111
Alto Ingredients
ALTO
$369M
| $127K | ﹤0.01% |
44,182
-2,995
| -6% | -$10.6K |
|
4112
FuboTV Inc
FUBO
$261M
| $127K | ﹤0.01% |
6,094
-1,314
| -18% | -$48.1K |
|
|
MRC
4113
DELISTED
MRC Global
MRC
| $127K | ﹤0.01% |
10,970
-500
| -4% | -$5.27K |
|
4114
CarParts.com
PRTS
$43.7M
| $125K | ﹤0.01% |
2,003
+181
| +10% | +$9.48K |
|
|
TWOU
4115
DELISTED
2U Inc
TWOU
| $125K | ﹤0.01% |
666
-102
| -13% | -$20.2K |
|
4116
Telefônica Brasil
VIV
$20.6B
| $125K | ﹤0.01% |
17,429
+3,679
| +27% | +$27.5K |
|
4117
FuelCell Energy
FCEL
$1.73B
| $124K | ﹤0.01% |
1,485
-307
| -17% | -$29.6K |
|
4118
Marqeta
MQ
$1.83B
| $121K | ﹤0.01% |
4,971
-2,876
| -37% | -$78.5K |
|
|
NKG
4119
DELISTED
Nuveen Georgia Quality Municipal Income Fund
NKG
| $121K | ﹤0.01% |
11,949
+58
| +0.5% | +$575 |
|
4120
Gilat Satellite Networks
GILT
$834M
| $121K | ﹤0.01% |
20,847
+850
| +4% | +$4.81K |
|
|
FRBK
4121
DELISTED
Republic First Bancorp Inc
FRBK
| $121K | ﹤0.01% |
56,096
| – | – |
|
4122
Usio Inc
USIO
$58.8M
| $120K | ﹤0.01% |
72,801
| – | – |
|
4123
Outdoor Holding Co
POWW
$249M
| $120K | ﹤0.01% |
69,267
-14,072
| -17% | -$35.5K |
|
4124
Arcos Dorados Holdings
ARCO
$1.72B
| $120K | ﹤0.01% |
14,296
+1,126
| +9% | +$8.42K |
|
|
OLO
4125
DELISTED
Olo Inc
OLO
| $119K | ﹤0.01% |
19,051
+1,029
| +6% | +$7.76K |
|
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.