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 | |
|---|---|---|---|---|---|---|
926
Workday
WDAY
$39.2B
| $10.5M | 0.01% |
69,163
+13,018
| +23% | +$2.04M |
|
|
FRC
927
DELISTED
First Republic Bank
FRC
| $10.5M | 0.01% |
80,421
+9,737
| +14% | +$1.5M |
|
928
iShares Global 100 ETF
IOO
$8.85B
| $10.5M | 0.01% |
176,073
+11,999
| +7% | +$796K |
|
|
GTLS
929
DELISTED
Chart Industries
GTLS
| $10.4M | 0.01% |
56,546
+33,662
| +147% | +$6.24M |
|
930
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$142M
| $10.4M | 0.01% |
283,683
-6,240
| -2% | -$256K |
|
931
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.37B
| $10.4M | 0.01% |
977,626
+62,124
| +7% | +$747K |
|
932
Janus Henderson AAA CLO ETF
JAAA
$29B
| $10.4M | 0.01% |
210,961
+9,593
| +5% | +$472K |
|
933
Invesco Leisure and Entertainment ETF
PEJ
$258M
| $10.4M | 0.01% |
298,842
-105,302
| -26% | -$4.08M |
|
934
First Trust S&P REIT Index Fund
FRI
$190M
| $10.4M | 0.01% |
449,535
-565,055
| -56% | -$15M |
|
935
Dell
DELL
$261B
| $10.3M | 0.01% |
302,666
+97,258
| +47% | +$4.09M |
|
936
Blue Owl Capital
OBDC
$5.33B
| $10.3M | 0.01% |
994,924
-28,716
| -3% | -$365K |
|
937
State Street SPDR S&P Kensho Clean Power ETF
CNRG
$199M
| $10.3M | 0.01% |
121,197
+21,152
| +21% | +$1.93M |
|
938
Icon
ICLR
$12.7B
| $10.3M | 0.01% |
55,989
+21,760
| +64% | +$4.74M |
|
939
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.27B
| $10.3M | 0.01% |
568,939
-41,066
| -7% | -$865K |
|
940
Xylem
XYL
$27.5B
| $10.2M | 0.01% |
117,078
+4,640
| +4% | +$422K |
|
941
State Street SPDR S&P Homebuilders ETF
XHB
$1.61B
| $10.2M | 0.01% |
186,453
-68,873
| -27% | -$4.18M |
|
942
DTE Energy
DTE
$29.5B
| $10.2M | 0.01% |
88,331
+4,684
| +6% | +$605K |
|
943
FlexShares Quality Dividend Index Fund
QDF
$2.21B
| $10.1M | 0.01% |
213,549
+8,352
| +4% | +$440K |
|
944
Verisk Analytics
VRSK
$25.4B
| $10.1M | 0.01% |
59,151
+839
| +1% | +$157K |
|
945
BlackRock Floating Rate Income Strategies Fund
FRA
$384M
| $10.1M | 0.01% |
914,118
+848,080
| +1,284% | +$10.1M |
|
946
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
$716M
| $10.1M | 0.01% |
298,900
+1,822
| +0.6% | +$70.4K |
|
947
Zimmer Biomet
ZBH
$18B
| $10.1M | 0.01% |
96,193
+21,847
| +29% | +$2.4M |
|
948
WisdomTree Enhanced Commodity Strategy Fund
GCC
$269M
| $10M | 0.01% |
471,003
-27,380
| -5% | -$616K |
|
949
Global X Copper Miners ETF NEW
COPX
$7.25B
| $10M | 0.01% |
354,404
+85,925
| +32% | +$2.54M |
|
950
Cardinal Health
CAH
$53.6B
| $10M | 0.01% |
150,138
+7,629
| +5% | +$484K |
|
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.