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 | |
|---|---|---|---|---|---|---|
4126
ProPetro Holding
PUMP
$1.36B
| $118K | ﹤0.01% |
+11,374
| New | +$120K |
|
4127
AST SpaceMobile
ASTS
$17.6B
| $117K | ﹤0.01% |
24,212
-896
| -4% | -$5.41K |
|
4128
Genworth Financial
GNW
$3.76B
| $117K | ﹤0.01% |
22,047
-11,241
| -34% | -$52.9K |
|
|
LGF.A
4129
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $116K | ﹤0.01% |
20,382
+10,200
| +100% | +$72.1K |
|
4130
BGC Group
BGC
$5.45B
| $116K | ﹤0.01% |
30,746
+8,099
| +36% | +$32K |
|
4131
Superior Group of Companies
SGC
$185M
| $116K | ﹤0.01% |
11,521
-4,632
| -29% | -$44.7K |
|
|
BLDP
4132
Ballard Power Systems
BLDP
$805M
| $115K | ﹤0.01% |
24,010
-3,819
| -14% | -$21.7K |
|
4133
Cerus
CERS
$433M
| $115K | ﹤0.01% |
31,371
-1,625
| -5% | -$6.13K |
|
|
CMAX
4134
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $114K | ﹤0.01% |
1,045
-131
| -11% | -$19.6K |
|
|
CTIC
4135
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $114K | ﹤0.01% |
19,024
-13,000
| -41% | -$71K |
|
4136
Garrett Motion
GTX
$5.81B
| $114K | ﹤0.01% |
+14,972
| New | +$105K |
|
4137
Graham Corp
GHM
$1.12B
| $114K | ﹤0.01% |
+11,850
| New | +$110K |
|
|
VRAY
4138
DELISTED
ViewRay, Inc.
VRAY
| $113K | ﹤0.01% |
25,254
-1,204
| -5% | -$5.24K |
|
4139
GoPro
GPRO
$130M
| $111K | ﹤0.01% |
22,363
-2,760
| -11% | -$14.5K |
|
|
MFA
4140
MFA Financial
MFA
$926M
| $111K | ﹤0.01% |
11,264
-1,855
| -14% | -$18.7K |
|
4141
Amneal Pharmaceuticals
AMRX
$5.85B
| $111K | ﹤0.01% |
55,747
+9,629
| +21% | +$21.6K |
|
|
TSI
4142
TCW Strategic Income Fund
TSI
$214M
| $110K | ﹤0.01% |
23,835
+2,645
| +12% | +$12.4K |
|
4143
Aurinia Pharmaceuticals
AUPH
$1.91B
| $109K | ﹤0.01% |
25,339
-781
| -3% | -$4.53K |
|
4144
CALL
DigitalBridge
DBRG
$2.93B
| $109K | ﹤0.01% |
+10,000
| New | +$130K |
|
4145
Outlook Therapeutics
OTLK
$183M
| $109K | ﹤0.01% |
5,060
| – | – |
|
|
TE
4146
T1 Energy
TE
$1.16B
| $109K | ﹤0.01% |
+12,520
| New | +$157K |
|
|
SRTA
4147
Strata Critical Medical Inc
SRTA
$434M
| $109K | ﹤0.01% |
30,328
-198
| -0.6% | -$846 |
|
4148
GraniteShares Platinum Shares
PLTM
$179M
| $108K | ﹤0.01% |
10,322
+171
| +2% | +$1.63K |
|
4149
Rigetti Computing
RGTI
$4.97B
| $107K | ﹤0.01% |
146,812
-20,000
| -12% | -$28.6K |
|
4150
Ramaco Resources Class A
METC
$599M
| $107K | ﹤0.01% |
+12,531
| New | +$127K |
|
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.