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 | |
|---|---|---|---|---|---|---|
751
Flex
FLEX
$41B
| $15.6M | 0.02% |
1,239,658
+43,125
| +4% | +$551K |
|
752
Pacer Lunt Large Cap Alternator ETF
ALTL
$92.1M
| $15.5M | 0.02% |
433,159
-88,665
| -17% | -$3.66M |
|
753
ROBO Global Robotics & Automation Index ETF
ROBO
$1.94B
| $15.5M | 0.01% |
374,060
-5,638
| -1% | -$267K |
|
754
Invesco S&P SmallCap Momentum ETF
XSMO
$3.01B
| $15.4M | 0.01% |
356,144
+37,110
| +12% | +$1.75M |
|
755
American Century US Quality Growth ETF
QGRO
$1.97B
| $15.4M | 0.01% |
280,651
+160,934
| +134% | +$9.71M |
|
756
Newmont
NEM
$101B
| $15.4M | 0.01% |
366,146
+58,031
| +19% | +$2.71M |
|
757
ON Semiconductor
ON
$32.6B
| $15.3M | 0.01% |
245,991
+181,417
| +281% | +$11.7M |
|
758
iShares MSCI Singapore ETF
EWS
$1.05B
| $15.3M | 0.01% |
894,851
-177,821
| -17% | -$3.26M |
|
759
CME Group
CME
$96.1B
| $15.3M | 0.01% |
86,278
+2,573
| +3% | +$508K |
|
760
Airbnb
ABNB
$90.3B
| $15.3M | 0.01% |
145,269
-4,363
| -3% | -$484K |
|
761
iShares US Financial Services ETF
IYG
$2.16B
| $15.2M | 0.01% |
323,430
-28,701
| -8% | -$1.51M |
|
762
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$76M
| $15.2M | 0.01% |
512,360
-191,710
| -27% | -$6.23M |
|
|
MRSH
763
Marsh
MRSH
$91.4B
| $15.2M | 0.01% |
101,765
+3,799
| +4% | +$610K |
|
764
DNP Select Income Fund
DNP
$4.12B
| $15M | 0.01% |
1,451,127
+164,569
| +13% | +$1.83M |
|
765
MGM Resorts International
MGM
$11.7B
| $15M | 0.01% |
505,637
+48,783
| +11% | +$1.59M |
|
|
MPT
766
Medical Properties Trust
MPT
$2.81B
| $14.9M | 0.01% |
1,260,501
+285,411
| +29% | +$4.32M |
|
767
Quanta Services
PWR
$98.7B
| $14.9M | 0.01% |
117,067
-634
| -0.5% | -$86.7K |
|
768
State Street SPDR S&P International Small Cap ETF
GWX
$862M
| $14.9M | 0.01% |
571,094
+16,651
| +3% | +$488K |
|
769
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.93B
| $14.9M | 0.01% |
866,999
+250,975
| +41% | +$4.54M |
|
770
Johnson Controls International
JCI
$87.2B
| $14.8M | 0.01% |
301,391
-4,559
| -1% | -$242K |
|
771
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.84B
| $14.8M | 0.01% |
643,437
+62,442
| +11% | +$1.49M |
|
772
Public Service Enterprise Group
PEG
$38.6B
| $14.8M | 0.01% |
262,465
+23,227
| +10% | +$1.5M |
|
773
State Street SPDR S&P Insurance ETF
KIE
$651M
| $14.7M | 0.01% |
407,676
-7,926
| -2% | -$302K |
|
774
Cintas
CTAS
$82.8B
| $14.7M | 0.01% |
151,340
+416
| +0.3% | +$42.5K |
|
775
VanEck Morningstar International Moat ETF
MOTI
$75.2M
| $14.7M | 0.01% |
588,322
+575,567
| +4,512% | +$16.3M |
|
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.