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 | |
|---|---|---|---|---|---|---|
1076
D.R. Horton
DHI
$41.2B
| $8.2M | 0.01% |
123,839
-110,635
| -47% | -$7.78M |
|
1077
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.07B
| $8.19M | 0.01% |
255,625
-3,905
| -2% | -$136K |
|
1078
Global X Copper Miners ETF NEW
COPX
$7.04B
| $8.16M | 0.01% |
268,479
+42,834
| +19% | +$1.68M |
|
1079
Invesco NASDAQ Internet ETF
PNQI
$527M
| $8.15M | 0.01% |
340,890
-76,350
| -18% | -$2.09M |
|
1080
DexCom
DXCM
$29B
| $8.13M | 0.01% |
108,126
-30,098
| -22% | -$2.75M |
|
1081
J.M. Smucker
SJM
$13.5B
| $8.12M | 0.01% |
63,441
+2,116
| +3% | +$282K |
|
1082
Halliburton
HAL
$26.1B
| $8.09M | 0.01% |
257,826
-13,862
| -5% | -$517K |
|
1083
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.79B
| $8.07M | 0.01% |
256,285
-76,660
| -23% | -$2.64M |
|
1084
Baker Hughes
BKR
$58.3B
| $8.07M | 0.01% |
279,483
+79,906
| +40% | +$2.7M |
|
1085
Calamos Strategic Total Return Fund
CSQ
$3.13B
| $8.04M | 0.01% |
613,584
+63,017
| +11% | +$938K |
|
1086
Trane Technologies
TT
$98.8B
| $8.04M | 0.01% |
61,924
+2,291
| +4% | +$317K |
|
|
LSI
1087
DELISTED
Life Storage, Inc.
LSI
| $8.02M | 0.01% |
71,810
-13
| -0% | -$1.6K |
|
1088
HubSpot
HUBS
$12.9B
| $7.99M | 0.01% |
26,589
+1,348
| +5% | +$492K |
|
1089
Norwegian Cruise Line
NCLH
$9.53B
| $7.98M | 0.01% |
717,300
+360,354
| +101% | +$6.04M |
|
1090
Columbia Diversified Fixed Income Allocation ETF
DIAL
$386M
| $7.95M | 0.01% |
449,863
-71,101
| -14% | -$1.3M |
|
1091
iShares US Regional Banks ETF
IAT
$673M
| $7.94M | 0.01% |
161,176
-7,036
| -4% | -$375K |
|
|
ANSS
1092
DELISTED
Ansys
ANSS
| $7.94M | 0.01% |
33,188
+2,334
| +8% | +$618K |
|
1093
Franklin FTSE United Kingdom ETF
FLGB
$897M
| $7.94M | 0.01% |
356,067
+293,836
| +472% | +$7.08M |
|
1094
Invesco Russell 1000 Equal Weight ETF
EQAL
$816M
| $7.89M | 0.01% |
201,086
+29,058
| +17% | +$1.25M |
|
1095
Workday
WDAY
$41.5B
| $7.89M | 0.01% |
56,145
+708
| +1% | +$129K |
|
1096
Idexx Laboratories
IDXX
$44.9B
| $7.88M | 0.01% |
22,456
-24,961
| -53% | -$10.2M |
|
1097
ProShares Short Russell2000
RWM
$133M
| $7.86M | 0.01% |
301,968
+250,972
| +492% | +$6.12M |
|
1098
Veeva Systems
VEEV
$33.8B
| $7.86M | 0.01% |
39,685
+2,456
| +7% | +$452K |
|
1099
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.25B
| $7.85M | 0.01% |
384,054
+123,192
| +47% | +$2.62M |
|
1100
Nuveen ESG Mid-Cap Growth ETF
NUMG
$348M
| $7.85M | 0.01% |
228,552
-37,658
| -14% | -$1.42M |
|
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.