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 | |
|---|---|---|---|---|---|---|
826
Wolfspeed
WOLF
$1.24B
| $12.9M | 0.01% |
125,229
-29,120
| -19% | -$2.79M |
|
827
Aptiv
APTV
$12.3B
| $12.9M | 0.01% |
165,252
+4,820
| +3% | +$462K |
|
828
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$747M
| $12.9M | 0.01% |
348,949
-5,717
| -2% | -$233K |
|
829
Norwegian Cruise Line
NCLH
$8.59B
| $12.9M | 0.01% |
1,133,072
+415,772
| +58% | +$5.48M |
|
830
First Trust Multi Cap Value AlphaDEX Fund
FAB
$164M
| $12.9M | 0.01% |
211,426
+13,023
| +7% | +$890K |
|
831
Phillips Edison & Co
PECO
$5.45B
| $12.8M | 0.01% |
457,171
+41,489
| +10% | +$1.36M |
|
832
Dimensional US Small Cap ETF
DFAS
$15.4B
| $12.8M | 0.01% |
274,195
+26,946
| +11% | +$1.38M |
|
833
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $12.7M | 0.01% |
202,306
+46,851
| +30% | +$3.23M |
|
834
Schwab Fundamental US Large Company Index ETF
FNDX
$26.7B
| $12.7M | 0.01% |
799,251
-148,380
| -16% | -$2.62M |
|
835
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.06B
| $12.7M | 0.01% |
253,522
-22,787
| -8% | -$1.18M |
|
836
Invesco S&P 500 Downside Hedged ETF
PHDG
$73.3M
| $12.7M | 0.01% |
373,734
-93,535
| -20% | -$3.22M |
|
837
PG&E
PCG
$39.2B
| $12.7M | 0.01% |
1,015,960
+399,372
| +65% | +$4.68M |
|
838
Global X Autonomous & Electric Vehicles ETF
DRIV
$377M
| $12.7M | 0.01% |
629,918
-9,976
| -2% | -$232K |
|
839
Atlassian
TEAM
$24.9B
| $12.6M | 0.01% |
60,026
-2,776
| -4% | -$648K |
|
840
Invesco S&P 500 Equal Weight Energy ETF
RSPG
$555M
| $12.6M | 0.01% |
206,784
+2,138
| +1% | +$138K |
|
841
Eversource Energy
ES
$27.8B
| $12.6M | 0.01% |
161,742
+6,514
| +4% | +$574K |
|
842
WisdomTree International High Dividend Fund
DTH
$655M
| $12.6M | 0.01% |
415,392
+40,367
| +11% | +$1.36M |
|
843
Vanguard FTSE Europe ETF
VGK
$30.8B
| $12.6M | 0.01% |
272,777
-33,271
| -11% | -$1.74M |
|
844
DuPont de Nemours
DD
$18.7B
| $12.6M | 0.01% |
198,945
+7,226
| +4% | +$516K |
|
845
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$307M
| $12.6M | 0.01% |
245,203
-17,315
| -7% | -$965K |
|
846
AES
AES
$10.6B
| $12.5M | 0.01% |
553,617
-28,127
| -5% | -$667K |
|
847
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.12B
| $12.5M | 0.01% |
564,652
+7,851
| +1% | +$195K |
|
848
VanEck Short Muni ETF
SMB
$312M
| $12.5M | 0.01% |
750,662
+4,431
| +0.6% | +$75.2K |
|
849
Lumentum
LITE
$53.9B
| $12.5M | 0.01% |
182,012
+4,623
| +3% | +$383K |
|
850
GSK
GSK
$104B
| $12.5M | 0.01% |
423,546
+18,977
| +5% | +$719K |
|
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.