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 | |
|---|---|---|---|---|---|---|
576
Vulcan Materials
VMC
$35.2B
| $23.9M | 0.02% |
151,531
+93,677
| +162% | +$15.2M |
|
577
iShares Core 1-5 Year USD Bond ETF
ISTB
$5.11B
| $23.8M | 0.02% |
515,801
-22,978
| -4% | -$1.08M |
|
578
Regeneron Pharmaceuticals
REGN
$77.4B
| $23.7M | 0.02% |
34,442
-662
| -2% | -$417K |
|
579
Novartis
NVS
$301B
| $23.6M | 0.02% |
310,714
-14,106
| -4% | -$1.17M |
|
|
NVO
580
Novo Nordisk
NVO
$228B
| $23.5M | 0.02% |
470,920
+33,124
| +8% | +$1.77M |
|
581
Vodafone
VOD
$37.2B
| $23.4M | 0.02% |
2,069,134
+220,396
| +12% | +$3.08M |
|
582
Shopify
SHOP
$159B
| $23.4M | 0.02% |
869,691
+63,215
| +8% | +$2.15M |
|
583
Schwab US Broad Market ETF
SCHB
$43B
| $23.4M | 0.02% |
1,669,488
-85,962
| -5% | -$1.34M |
|
584
WisdomTree Trust WisdomTree Interest Rate Hedged US Aggregate Bond Fund
AGZD
$131M
| $23.4M | 0.02% |
1,025,032
-235,830
| -19% | -$5.41M |
|
585
National Grid
NGG
$80.8B
| $23.3M | 0.02% |
488,050
+56,045
| +13% | +$3.37M |
|
586
Humana
HUM
$44B
| $23.2M | 0.02% |
47,796
+21,085
| +79% | +$10.3M |
|
587
VanEck Oil Services ETF
OIH
$2.01B
| $23.2M | 0.02% |
109,785
-3,986
| -4% | -$911K |
|
|
XYZ
588
Block Inc
XYZ
$49.2B
| $23.1M | 0.02% |
420,941
-65,588
| -13% | -$4.64M |
|
589
Distillate US Fundamental Stability & Value ETF
DSTL
$1.98B
| $23.1M | 0.02% |
626,623
+22,100
| +4% | +$903K |
|
590
Vanguard FTSE Pacific ETF
VPL
$8.16B
| $23.1M | 0.02% |
402,539
+179,416
| +80% | +$11.5M |
|
591
Strategy Shares Nasdaq 7HANDL Index ETF
HNDL
$630M
| $23.1M | 0.02% |
1,203,965
-20,688
| -2% | -$440K |
|
592
iShares Expanded Tech-Software Sector ETF
IGV
$12.5B
| $23M | 0.02% |
459,695
+16,755
| +4% | +$952K |
|
593
PIMCO Dynamic Income Fund
PDI
$7.44B
| $22.8M | 0.02% |
1,178,794
+40,842
| +4% | +$860K |
|
594
Invesco Large Cap Growth ETF
PWB
$2.27B
| $22.8M | 0.02% |
399,681
+20,147
| +5% | +$1.26M |
|
595
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.2B
| $22.7M | 0.02% |
184,192
-1,762
| -0.9% | -$238K |
|
596
United Rentals
URI
$66.5B
| $22.5M | 0.02% |
83,421
-8,736
| -9% | -$2.54M |
|
597
McKesson
MCK
$101B
| $22.5M | 0.02% |
66,178
+3,910
| +6% | +$1.36M |
|
598
First Trust Indxx NextG ETF
NXTG
$540M
| $22.5M | 0.02% |
403,569
-22,181
| -5% | -$1.42M |
|
599
iShares Core International Aggregate Bond Fund
IAGG
$10.9B
| $22.5M | 0.02% |
464,712
-69,260
| -13% | -$3.47M |
|
600
Global X US Preferred ETF
PFFD
$2.15B
| $22.4M | 0.02% |
1,093,426
+63,251
| +6% | +$1.37M |
|
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.