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 | |
|---|---|---|---|---|---|---|
776
Aon
AON
$77.8B
| $14.6M | 0.01% |
54,660
+4,176
| +8% | +$1.18M |
|
777
IQVIA
IQV
$39.1B
| $14.6M | 0.01% |
80,706
+147
| +0.2% | +$32.2K |
|
778
State Street SPDR FactSet Innovative Technology ETF
XITK
$68.5M
| $14.6M | 0.01% |
146,641
+18,766
| +15% | +$2.12M |
|
779
iShares MSCI Australia ETF
EWA
$1.41B
| $14.6M | 0.01% |
744,176
+159,545
| +27% | +$3.47M |
|
780
Invesco DB Agriculture Fund
DBA
$1.23B
| $14.6M | 0.01% |
728,662
-601,879
| -45% | -$12.2M |
|
781
American Century Diversified Municipal Bond ETF
TAXF
$684M
| $14.6M | 0.01% |
305,628
-6,948
| -2% | -$347K |
|
782
Delta Air Lines
DAL
$58.3B
| $14.6M | 0.01% |
518,737
-16,974
| -3% | -$539K |
|
783
First Trust Mid Cap Value AlphaDEX Fund
FNK
$229M
| $14.5M | 0.01% |
381,233
+12,767
| +3% | +$547K |
|
784
Invesco Dorsey Wright Momentum ETF
PDP
$1.45B
| $14.4M | 0.01% |
213,047
-1,883
| -0.9% | -$137K |
|
785
Hartford Multifactor Developed Markets ex-US ETF
RODM
$1.63B
| $14.4M | 0.01% |
661,622
-5,787
| -0.9% | -$142K |
|
786
Invesco Variable Rate Preferred ETF
VRP
$2.98B
| $14.4M | 0.01% |
655,961
+100,491
| +18% | +$2.3M |
|
787
Motley Fool 100 Index ETF
TMFC
$2.03B
| $14.3M | 0.01% |
465,864
-12,647
| -3% | -$434K |
|
788
VICI Properties
VICI
$29B
| $14.2M | 0.01% |
477,195
+58,888
| +14% | +$1.94M |
|
789
VanEck Preferred Securities ex Financials ETF
PFXF
$2.41B
| $14.2M | 0.01% |
828,008
-22,563
| -3% | -$418K |
|
790
KLA
KLAC
$236B
| $14.2M | 0.01% |
469,430
-120
| -0% | -$4.16K |
|
791
First Trust SSI Strategic Convertible Securities ETF
FCVT
$113M
| $14.2M | 0.01% |
455,402
+26,291
| +6% | +$867K |
|
792
Invesco S&P MidCap Value with Momentum ETF
XMVM
$505M
| $14.1M | 0.01% |
365,404
+6,105
| +2% | +$257K |
|
793
LPL Financial
LPLA
$27.1B
| $14.1M | 0.01% |
64,582
+354
| +0.6% | +$75.3K |
|
794
Public Storage
PSA
$59.3B
| $14.1M | 0.01% |
48,127
+5,068
| +12% | +$1.65M |
|
795
Chipotle Mexican Grill
CMG
$48.8B
| $14.1M | 0.01% |
468,150
+36,950
| +9% | +$1.15M |
|
|
JPUS
796
JPMorgan Diversified Return US Equity ETF
JPUS
$459M
| $14.1M | 0.01% |
164,512
+4,459
| +3% | +$423K |
|
797
Tetra Tech
TTEK
$8.31B
| $14M | 0.01% |
546,155
+41,475
| +8% | +$1.16M |
|
798
Labcorp
LH
$25.9B
| $14M | 0.01% |
79,514
-1,738
| -2% | -$356K |
|
799
Amplify Blockchain Technology ETF
BLOK
$1.09B
| $14M | 0.01% |
756,011
+103,797
| +16% | +$2.18M |
|
800
Invesco WilderHill Clean Energy ETF
PBW
$407M
| $13.9M | 0.01% |
288,856
-24,499
| -8% | -$1.33M |
|
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.