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 | |
|---|---|---|---|---|---|---|
426
First Trust Water ETF
FIW
$1.87B
| $37.3M | 0.04% |
520,140
-7,739
| -1% | -$604K |
|
427
Schwab U.S Small- Cap ETF
SCHA
$21.8B
| $37.3M | 0.04% |
1,975,316
+106,596
| +6% | +$2.23M |
|
|
IBDO
428
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $37.3M | 0.04% |
1,494,773
+18,483
| +1% | +$463K |
|
429
Vanguard Morningstar Mega Cap ETF
MGC
$9.71B
| $37.1M | 0.04% |
297,534
-4,245
| -1% | -$589K |
|
430
Aflac
AFL
$65.5B
| $37M | 0.04% |
658,184
+54,738
| +9% | +$3.22M |
|
|
IBDQ
431
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $37M | 0.04% |
1,531,291
+272,445
| +22% | +$6.72M |
|
432
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.46B
| $36.8M | 0.04% |
807,883
+52,496
| +7% | +$2.66M |
|
433
Emerson Electric
EMR
$81.6B
| $36.6M | 0.04% |
499,400
+24,435
| +5% | +$2.03M |
|
|
BSCO
434
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $36.5M | 0.04% |
1,788,724
+332,061
| +23% | +$6.87M |
|
|
BSCP
435
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $36.3M | 0.04% |
1,822,023
+658,622
| +57% | +$13.4M |
|
436
Invesco S&P 500 Pure Growth ETF
RPG
$1.9B
| $36.3M | 0.04% |
1,255,875
-2,245
| -0.2% | -$71.8K |
|
437
First Trust Energy AlphaDEX Fund
FXN
$379M
| $36.2M | 0.03% |
2,318,410
+58,283
| +3% | +$952K |
|
438
iShares MSCI KLD 400 Social ETF
DSI
$5.1B
| $36.1M | 0.03% |
538,593
+228,886
| +74% | +$17.2M |
|
439
Invesco Large Cap Value ETF
PWV
$1.68B
| $36M | 0.03% |
865,068
-5,225
| -0.6% | -$235K |
|
440
Stryker
SYK
$135B
| $35.5M | 0.03% |
175,372
+12,844
| +8% | +$2.7M |
|
441
Invesco Senior Loan ETF
BKLN
$6.96B
| $35.5M | 0.03% |
1,758,426
+373,895
| +27% | +$7.8M |
|
442
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.75B
| $35.2M | 0.03% |
1,082,437
-68,881
| -6% | -$2.5M |
|
443
Colgate-Palmolive
CL
$74.8B
| $35.1M | 0.03% |
499,953
-106
| -0% | -$8.31K |
|
444
iShares US Consumer Staples ETF
IYK
$1.44B
| $35.1M | 0.03% |
585,510
+140,628
| +32% | +$9.23M |
|
445
CrowdStrike
CRWD
$183B
| $35M | 0.03% |
850,284
+27,760
| +3% | +$1.27M |
|
446
Dimensional US Marketwide Value ETF
DFUV
$15.3B
| $34.8M | 0.03% |
1,176,744
+1,131
| +0.1% | +$36.8K |
|
447
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.77B
| $34.5M | 0.03% |
536,131
+38,142
| +8% | +$2.68M |
|
448
Pacer Trendpilot 100 ETF
PTNQ
$1.16B
| $34.4M | 0.03% |
699,740
+25,910
| +4% | +$1.35M |
|
449
Eaton
ETN
$141B
| $34.4M | 0.03% |
258,136
-310
| -0.1% | -$43.4K |
|
450
Phillips 66
PSX
$82.9B
| $34.3M | 0.03% |
424,698
+33,640
| +9% | +$2.87M |
|
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.