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 | |
|---|---|---|---|---|---|---|
4176
Ring Energy
REI
$315M
| $96.3K | ﹤0.01% |
39,127
-7,000
| -15% | -$19.2K |
|
|
GCV
4177
Gabelli Convertible and Income Securities Fund
GCV
$90.9M
| $96.1K | ﹤0.01% |
20,026
-422
| -2% | -$2.18K |
|
|
ADAM
4178
Adamas Trust
ADAM
$815M
| $95.8K | ﹤0.01% |
9,357
+122
| +1% | +$1.3K |
|
4179
RPC Inc
RES
$1.24B
| $95.8K | ﹤0.01% |
10,773
+136
| +1% | +$1.23K |
|
|
ACB
4180
Aurora Cannabis
ACB
$173M
| $95K | ﹤0.01% |
10,293
+559
| +6% | +$6.67K |
|
4181
Hayward Holdings
HAYW
$3.21B
| $94.4K | ﹤0.01% |
10,038
-11,965
| -54% | -$111K |
|
4182
CytomX Therapeutics
CTMX
$675M
| $94K | ﹤0.01% |
58,765
+3,000
| +5% | +$4.44K |
|
4183
Anixa Biosciences
ANIX
$116M
| $94K | ﹤0.01% |
22,110
+222
| +1% | +$1.07K |
|
|
AGRX
4184
DELISTED
Agile Therapeutics
AGRX
| $93.4K | ﹤0.01% |
8,230
| – | – |
|
4185
Wrap Technologies
WRAP
$103M
| $93K | ﹤0.01% |
55,050
+2,100
| +4% | +$3.81K |
|
4186
Medallion Financial
MFIN
$229M
| $92.9K | ﹤0.01% |
13,005
| – | – |
|
|
PLM
4187
DELISTED
PolyMet Mining Corp.
PLM
| $91.3K | ﹤0.01% |
34,460
-80
| -0.2% | -$230 |
|
|
PHD
4188
DELISTED
Pioneer Floating Rate Fund
PHD
| $91.2K | ﹤0.01% |
+10,400
| New | +$90.6K |
|
4189
ASE Group
ASX
$77.3B
| $90.3K | ﹤0.01% |
14,403
+840
| +6% | +$4.92K |
|
|
XXII
4190
22nd Century Group
XXII
$1.38M
| – | – |
0
| – | – |
|
|
SCU
4191
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $88.2K | ﹤0.01% |
+10,183
| New | +$97.6K |
|
4192
Gevo
GEVO
$360M
| $88.2K | ﹤0.01% |
46,404
-488
| -1% | -$1.03K |
|
4193
Humacyte Inc Warrant
HUMAW
$1.55M
| $87.8K | ﹤0.01% |
223,656
+30,000
| +15% | +$26.5K |
|
|
HUT
4194
Hut 8
HUT
$12.1B
| $87.6K | ﹤0.01% |
20,606
-6,702
| -25% | -$50.5K |
|
|
FCRD
4195
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $87.6K | ﹤0.01% |
20,556
+5,666
| +38% | +$23.4K |
|
4196
Mammoth Energy Services
TUSK
$128M
| $87.4K | ﹤0.01% |
10,107
-4,608
| -31% | -$26.2K |
|
|
TECX
4197
Tectonic Therapeutic
TECX
$529M
| $87.4K | ﹤0.01% |
+10,215
| New | +$89.9K |
|
4198
Diana Shipping
DSX
$302M
| $86.4K | ﹤0.01% |
27,785
-3,597
| -11% | -$11.5K |
|
|
CS
4199
DELISTED
Credit Suisse Group
CS
| $86.2K | ﹤0.01% |
28,339
-23,780
| -46% | -$92.5K |
|
|
ECF
4200
Ellsworth Growth & Income Fund
ECF
$166M
| $85.8K | ﹤0.01% |
+10,749
| New | +$90K |
|
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.