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 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$378M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$252M |
| 3 |
iShares Gold Trust
IAU
|
+$227M |
| 4 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$226M |
| 5 |
WisdomTree Floating Rate Treasury Fund
USFR
|
+$168M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$140M |
| 2 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$140M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$116M |
| 4 |
iShares GSCI Commodity Dynamic Roll Strategy ETF
COMT
|
+$109M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.66% |
| 2 | Healthcare | 3.17% |
| 3 | Financials | 3.02% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Industrials | 2.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
American Century Quality Diversified International ETF
QINT
$654M
| $10.6M | 0.01% |
271,106
+68,138
| +34% | +$2.92M |
|
927
DTE Energy
DTE
$29.9B
| $10.6M | 0.01% |
83,647
+11,814
| +16% | +$1.54M |
|
928
Omega Healthcare
OHI
$15.3B
| $10.6M | 0.01% |
375,814
+46,411
| +14% | +$1.32M |
|
929
WisdomTree US Efficient Core Fund
NTSX
$1.33B
| $10.6M | 0.01% |
317,583
+4,808
| +2% | +$173K |
|
|
HFRO
930
Highland Opportunities and Income Fund
HFRO
$407M
| $10.6M | 0.01% |
939,810
+102,348
| +12% | +$1.19M |
|
931
Simplify US Equity PLUS Downside Convexity ETF
SPD
$103M
| $10.6M | 0.01% |
+399,652
| New | +$11.5M |
|
|
ATVI
932
DELISTED
Activision Blizzard
ATVI
| $10.6M | 0.01% |
135,676
+16,291
| +14% | +$1.27M |
|
|
CTRA
933
DELISTED
Coterra Energy
CTRA
| $10.5M | 0.01% |
408,977
+300,905
| +278% | +$9.13M |
|
934
American International
AIG
$42.5B
| $10.5M | 0.01% |
205,814
-37,718
| -15% | -$2.19M |
|
935
Nuveen ESG Small-Cap ETF
NUSC
$1.27B
| $10.5M | 0.01% |
320,607
+14,186
| +5% | +$510K |
|
936
iShares Global 100 ETF
IOO
$8.62B
| $10.5M | 0.01% |
164,074
-6,765
| -4% | -$469K |
|
937
Capital Group Dividend Value ETF
CGDV
$36.8B
| $10.5M | 0.01% |
+470,664
| New | +$11.4M |
|
938
Owens Corning
OC
$11B
| $10.5M | 0.01% |
140,986
+2,959
| +2% | +$261K |
|
939
Zoom
ZM
$27.1B
| $10.4M | 0.01% |
96,572
+7,186
| +8% | +$758K |
|
940
FlexShares Quality Dividend Index Fund
QDF
$2.2B
| $10.4M | 0.01% |
205,197
+31,818
| +18% | +$1.76M |
|
941
Bank OZK
OZK
$5.63B
| $10.4M | 0.01% |
276,688
+6,465
| +2% | +$255K |
|
942
iShares Core Dividend ETF
DIVB
$1.71B
| $10.3M | 0.01% |
285,260
+22,879
| +9% | +$894K |
|
943
JPMorgan BetaBuilders Japan ETF
BBJP
$17B
| $10.3M | 0.01% |
+234,437
| New | +$10.9M |
|
944
Dutch Bros
BROS
$8.86B
| $10.3M | 0.01% |
+326,440
| New | +$13.4M |
|
945
Parker-Hannifin
PH
$120B
| $10.3M | 0.01% |
41,941
+8,472
| +25% | +$2.27M |
|
946
iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
$291M
| $10.3M | 0.01% |
302,074
-14,726
| -5% | -$518K |
|
|
FPF
947
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.07B
| $10.3M | 0.01% |
550,440
-1,065
| -0.2% | -$20.8K |
|
948
iShares MSCI Sweden ETF
EWD
$534M
| $10.3M | 0.01% |
337,336
-330,563
| -49% | -$11.7M |
|
949
Global X Silver Miners ETF NEW
SIL
$3.93B
| $10.2M | 0.01% |
394,605
-6,885
| -2% | -$221K |
|
|
FRC
950
DELISTED
First Republic Bank
FRC
| $10.2M | 0.01% |
70,684
+8,502
| +14% | +$1.27M |
|
Similar funds
LPL Financial's Q2 2022 Portfolio in Review
As of Q2 2022, LPL Financial held 4,602 positions worth $105B, down 9.5% from $116B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
LPL Financial deployed $5.93B of net new capital in Q2 2022, opening 421 new positions and adding to 2,316 existing holdings. Its largest new stake was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
By sector, the portfolio is most concentrated in Technology at 5.7% of assets, down from 6.3% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was State Street Financial Select Sector SPDR ETF, an estimated $140M trimmed.
- LPL Financial's largest Q2 2022 buy was Dimensional US Core Equity 2 ETF: 14,943,726 shares worth $348M.
- LPL Financial added most to State Street Health Care Select Sector SPDR ETF in Q2 2022, an estimated $252M increase.
- LPL Financial's biggest Q2 2022 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $140M.
- LPL Financial fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $4.43M.
- LPL Financial's ten largest holdings make up 18% of its $105B portfolio in Q2 2022.
- LPL Financial opened 421 new positions and closed 184 in Q2 2022.
- LPL Financial's portfolio value fell 9.5% quarter-over-quarter to $105B.
Based on LPL Financial's 13F filing for Q2 2022, filed 12 Aug 2022.