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 | |
|---|---|---|---|---|---|---|
801
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $13.9M | 0.01% |
581,784
-84,354
| -13% | -$2.14M |
|
802
Kraft Heinz
KHC
$31.3B
| $13.9M | 0.01% |
416,557
+12,312
| +3% | +$457K |
|
803
Steris
STE
$22.5B
| $13.8M | 0.01% |
82,866
+2,430
| +3% | +$494K |
|
|
DOCU
804
DocuSign
DOCU
$10.4B
| $13.7M | 0.01% |
256,295
-17,223
| -6% | -$1.08M |
|
805
Corning
GLW
$116B
| $13.7M | 0.01% |
471,454
-25,655
| -5% | -$869K |
|
806
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.79B
| $13.6M | 0.01% |
643,026
+54,181
| +9% | +$1.28M |
|
807
First Trust DorseyWright DALI 1 ETF
DALI
$98.6M
| $13.6M | 0.01% |
565,147
-41,752
| -7% | -$1.05M |
|
808
LyondellBasell Industries
LYB
$19.5B
| $13.6M | 0.01% |
180,384
+15,082
| +9% | +$1.27M |
|
809
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.27B
| $13.6M | 0.01% |
323,757
-17,453
| -5% | -$825K |
|
810
Capital Group Core Equity ETF
CGUS
$11.2B
| $13.5M | 0.01% |
661,403
+418,138
| +172% | +$9.39M |
|
811
JPMorgan BetaBuilders International Equity ETF
BBIN
$6.64B
| $13.4M | 0.01% |
317,212
+312,007
| +5,994% | +$14.7M |
|
812
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$430M
| $13.4M | 0.01% |
928,809
-1,540
| -0.2% | -$24.3K |
|
813
iShares MSCI ACWI ETF
ACWI
$32.7B
| $13.4M | 0.01% |
171,945
-61,342
| -26% | -$5.3M |
|
|
FSGS
814
First Trust SMID Growth Strength ETF
FSGS
$30.9M
| $13.3M | 0.01% |
575,875
+82,424
| +17% | +$2.16M |
|
815
Weyerhaeuser
WY
$16.9B
| $13.3M | 0.01% |
464,175
-536
| -0.1% | -$18.2K |
|
816
M&T Bank
MTB
$35.8B
| $13.2M | 0.01% |
75,085
-6,529
| -8% | -$1.16M |
|
817
Invesco Semiconductors ETF
PSI
$2.27B
| $13.2M | 0.01% |
441,273
-57,237
| -11% | -$1.98M |
|
818
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $13.2M | 0.01% |
339,551
+29,943
| +10% | +$1.28M |
|
819
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$305M
| $13.2M | 0.01% |
143,253
+14,904
| +12% | +$1.52M |
|
820
First Trust Nasdaq Food & Beverage ETF
FTXG
$24.5M
| $13.1M | 0.01% |
528,590
+37,535
| +8% | +$996K |
|
821
Global X SuperDividend US ETF
DIV
$784M
| $13.1M | 0.01% |
740,723
-286,113
| -28% | -$5.67M |
|
822
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $13.1M | 0.01% |
137,791
+83,607
| +154% | +$7.99M |
|
823
VanEck IG Floating Rate ETF
FLTR
$2.94B
| $13M | 0.01% |
523,899
-5,601
| -1% | -$139K |
|
824
AstraZeneca
AZN
$266B
| $13M | 0.01% |
118,541
+15,943
| +16% | +$2.02M |
|
825
SLB Ltd
SLB
$72.6B
| $13M | 0.01% |
360,783
+12,726
| +4% | +$461K |
|
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.