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 Core S&P Small-Cap ETF
IJR
|
+$570M |
| 2 |
SCHR
Schwab Intermediately-Term US Treasury ETF
SCHR
|
+$501M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$240M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$239M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$236M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Blackstone Senior Loan ETF
SRLN
|
+$392M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$284M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$266M |
| 4 |
iShares S&P Small-Cap 600 Value ETF
IJS
|
+$130M |
| 5 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$115M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.54% |
| 2 | Healthcare | 3.12% |
| 3 | Financials | 3.03% |
| 4 | Consumer Discretionary | 2.7% |
| 5 | Industrials | 2.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4201
NatWest
NWG
$75.4B
| $61K | ﹤0.01% |
12,180
+1,889
| +18% | +$11.6K |
|
4202
Porch Group
PRCH
$1.64B
| $61K | ﹤0.01% |
27,233
-43
| -0.2% | -$104 |
|
|
DMTK
4203
DELISTED
DermTech, Inc. Common Stock
DMTK
| $61K | ﹤0.01% |
15,351
-1,048
| -6% | -$6.45K |
|
4204
Solid Power
SLDP
$463M
| $60K | ﹤0.01% |
11,487
-5,220
| -31% | -$33K |
|
|
CXE
4205
DELISTED
MFS High Income Municipal Trust
CXE
| $59K | ﹤0.01% |
17,561
| – | – |
|
4206
Evogene
EVGN
$5.7M
| $59K | ﹤0.01% |
7,129
-125
| -2% | -$1.21K |
|
|
FLNT
4207
Fluent
FLNT
$102M
| $59K | ﹤0.01% |
7,330
| – | – |
|
4208
Heron Therapeutics
HRTX
$93.9M
| $59K | ﹤0.01% |
13,950
-1,100
| -7% | -$4.3K |
|
|
NMG
4209
Nouveau Monde Graphite
NMG
$428M
| $59K | ﹤0.01% |
10,900
| – | – |
|
|
JNCE
4210
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $59K | ﹤0.01% |
25,115
-600
| -2% | -$2.13K |
|
|
AFMD
4211
DELISTED
Affimed
AFMD
| $58K | ﹤0.01% |
2,798
-100
| -3% | -$2.78K |
|
|
MIN
4212
Aberdeen Intermediate Income Fund
MIN
$274M
| $58K | ﹤0.01% |
20,498
+1,011
| +5% | +$2.95K |
|
|
LILM
4213
DELISTED
Lilium N.V. Class A Ordinary Shares
LILM
| $58K | ﹤0.01% |
25,365
-1,787
| -7% | -$4.48K |
|
4214
IonQ
IONQ
$13.6B
| $56K | ﹤0.01% |
+11,077
| New | +$61.4K |
|
4215
Microvast
MVST
$269M
| $56K | ﹤0.01% |
30,761
+2,849
| +10% | +$6.81K |
|
|
OMGA
4216
DELISTED
Omega Therapeutics, Inc. Common Stock
OMGA
| $56K | ﹤0.01% |
10,392
-540
| -5% | -$2.73K |
|
4217
Gold Royalty Corp
GROY
$600M
| $55K | ﹤0.01% |
21,783
+5,950
| +38% | +$15.9K |
|
4218
Martin Midstream Partners
MMLP
$95.5M
| $55K | ﹤0.01% |
16,285
-3,949
| -20% | -$15.7K |
|
4219
Mitsubishi UFJ Financial
MUFG
$253B
| $55K | ﹤0.01% |
12,324
-24,038
| -66% | -$125K |
|
4220
Travelzoo
TZOO
$74.3M
| $55K | ﹤0.01% |
12,347
+1,572
| +15% | +$9.2K |
|
4221
FerroAtlántica
GSM
$594M
| $54K | ﹤0.01% |
+10,313
| New | +$63.9K |
|
4222
Pitney Bowes
PBI
$2.4B
| $54K | ﹤0.01% |
23,026
+1,148
| +5% | +$3.68K |
|
|
SGMO
4223
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $52K | ﹤0.01% |
+10,671
| New | +$54.8K |
|
|
SIEN
4224
DELISTED
Sientra, Inc.
SIEN
| $51K | ﹤0.01% |
8,044
+2,175
| +37% | +$17.2K |
|
|
AUTL
4225
Autolus Therapeutics
AUTL
$397M
| $50K | ﹤0.01% |
+23,200
| New | +$68.7K |
|
Similar funds
LPL Financial's Q3 2022 Portfolio in Review
As of Q3 2022, LPL Financial held 4,600 positions worth $104B, down 1.5% from $105B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $4.57B of net new capital in Q3 2022, opening 186 new positions and adding to 2,380 existing holdings. Its largest new stake was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
By sector, the portfolio is most concentrated in Technology at 5.5% of assets, down from 5.7% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Blackstone Senior Loan ETF, an estimated $392M trimmed.
- LPL Financial's largest Q3 2022 buy was CCM Affordable Housing MBS ETF: 315,165 shares worth $5.32M.
- LPL Financial added most to iShares Core S&P Small-Cap ETF in Q3 2022, an estimated $570M increase.
- LPL Financial's biggest Q3 2022 reduction was State Street Blackstone Senior Loan ETF, cutting an estimated $392M.
- LPL Financial fully exited Global X MSCI China Consumer Staples ETF in Q3 2022, selling an estimated $8.9M.
- LPL Financial's ten largest holdings make up 18% of its $104B portfolio in Q3 2022.
- LPL Financial opened 186 new positions and closed 183 in Q3 2022.
- LPL Financial's portfolio value fell 1.5% quarter-over-quarter to $104B.
Based on LPL Financial's 13F filing for Q3 2022, filed 14 Nov 2022.