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 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$378M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$252M |
| 3 |
iShares Gold Trust
IAU
|
+$227M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$226M |
| 5 |
WisdomTree Floating Rate Treasury Fund
USFR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$140M |
| 2 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$140M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$116M |
| 4 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$109M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.66% |
| 2 | Healthcare | 3.17% |
| 3 | Financials | 3.02% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.72B
| $25.5M | 0.02% |
490,165
+33,278
| +7% | +$2M |
|
552
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.85B
| $25.4M | 0.02% |
187,626
-20,312
| -10% | -$2.8M |
|
553
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$632M
| $25.2M | 0.02% |
1,224,653
-74,009
| -6% | -$1.63M |
|
554
Shopify
SHOP
$169B
| $25.2M | 0.02% |
806,476
+1,296
| +0.2% | +$55.3K |
|
|
PXD
555
DELISTED
Pioneer Natural Resource Co.
PXD
| $25.2M | 0.02% |
112,825
+52,960
| +88% | +$13.4M |
|
556
Unilever
UL
$144B
| $25.1M | 0.02% |
487,507
+282,499
| +138% | +$14.4M |
|
557
Monster Beverage
MNST
$95.6B
| $25.1M | 0.02% |
538,974
+72,092
| +15% | +$3.14M |
|
558
Vanguard Industrials ETF
VIS
$8.22B
| $25M | 0.02% |
153,275
-1,011
| -0.7% | -$179K |
|
559
Global X Russell 2000 Covered Call ETF
RYLD
$1.37B
| $25M | 0.02% |
1,218,078
+226,079
| +23% | +$4.93M |
|
560
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $25M | 0.02% |
544,784
-102,188
| -16% | -$4.72M |
|
561
First Trust Low Duration Strategic Focus ETF
LDSF
$161M
| $24.9M | 0.02% |
1,334,155
-521,084
| -28% | -$9.94M |
|
562
First Trust Dow 30 Equal Weight ETF
EDOW
$316M
| $24.9M | 0.02% |
916,215
-6,797
| -0.7% | -$199K |
|
563
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$581M
| $24.9M | 0.02% |
455,052
-47,554
| -9% | -$2.89M |
|
564
Global X MLP & Energy Infrastructure ETF
MLPX
$3.57B
| $24.9M | 0.02% |
652,283
+52,012
| +9% | +$2.19M |
|
565
Huntington Bancshares
HBAN
$35B
| $24.8M | 0.02% |
2,065,596
+340,444
| +20% | +$4.52M |
|
566
Lam Research
LRCX
$337B
| $24.8M | 0.02% |
582,010
+23,060
| +4% | +$1.1M |
|
567
Invesco Taxable Municipal Bond ETF
BAB
$1.03B
| $24.8M | 0.02% |
893,083
+487,517
| +120% | +$13.6M |
|
568
Edwards Lifesciences
EW
$48.2B
| $24.5M | 0.02% |
257,952
-18,967
| -7% | -$1.96M |
|
569
Diageo
DEO
$49.4B
| $24.5M | 0.02% |
140,808
+6,810
| +5% | +$1.3M |
|
|
NVO
570
Novo Nordisk
NVO
$225B
| $24.4M | 0.02% |
437,796
-1,492
| -0.3% | -$82.8K |
|
571
Shell
SHEL
$238B
| $24.4M | 0.02% |
+465,743
| New | +$26.2M |
|
572
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.23B
| $24.4M | 0.02% |
185,954
+19,834
| +12% | +$2.72M |
|
573
Pacer Data & Infrastructure Real Estate ETF
SRVR
$373M
| $24.2M | 0.02% |
703,494
-77,114
| -10% | -$2.83M |
|
574
ASML
ASML
$608B
| $24.1M | 0.02% |
50,948
+7,667
| +18% | +$4.28M |
|
575
iShares MSCI Japan ETF
EWJ
$21.3B
| $24.1M | 0.02% |
455,441
-23,247
| -5% | -$1.31M |
|
Similar funds
LPL Financial's Q2 2022 Portfolio in Review
As of Q2 2022, LPL Financial held 4,602 positions worth $105B, down 9.5% from $116B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.93B of net new capital in Q2 2022, opening 421 new positions and adding to 2,316 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 6.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Financial Select Sector SPDR ETF, an estimated $140M trimmed.
- LPL Financial's largest Q2 2022 buy was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
- LPL Financial added most to State Street Health Care Select Sector SPDR ETF in Q2 2022, an estimated $252M increase.
- LPL Financial's biggest Q2 2022 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $140M.
- LPL Financial fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $4.43M.
- LPL Financial's ten largest holdings make up 18% of its $105B portfolio in Q2 2022.
- LPL Financial opened 421 new positions and closed 184 in Q2 2022.
- LPL Financial's portfolio value fell 9.5% quarter-over-quarter to $105B.
Based on LPL Financial's 13F filing for Q2 2022, filed 12 Aug 2022.