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 | |
|---|---|---|---|---|---|---|
1351
Invesco S&P MidCap 400 Pure Value ETF
RFV
$336M
| $5.3M | 0.01% |
63,714
-308
| -0.5% | -$27.9K |
|
1352
Franco-Nevada
FNV
$41.3B
| $5.29M | 0.01% |
40,244
-4,986
| -11% | -$737K |
|
1353
Capital Group Core Equity ETF
CGUS
$11B
| $5.28M | 0.01% |
+243,265
| New | +$5.7M |
|
1354
Amplify Alternative Harvest ETF
MJ
$96.9M
| $5.28M | 0.01% |
75,802
-5,180
| -6% | -$479K |
|
1355
Nuveen ESG US Aggregate Bond ETF
NUBD
$464M
| $5.27M | 0.01% |
230,530
-11,800
| -5% | -$273K |
|
1356
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $5.27M | 0.01% |
76,249
-13,971
| -15% | -$991K |
|
1357
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$2.93B
| $5.27M | 0.01% |
683,277
+111,915
| +20% | +$965K |
|
1358
Fidelity High Dividend ETF
FDVV
$10.1B
| $5.26M | 0.01% |
146,477
+58,738
| +67% | +$2.3M |
|
1359
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $5.26M | 0.01% |
227,183
+12,636
| +6% | +$299K |
|
1360
Darden Restaurants
DRI
$24.3B
| $5.25M | 0.01% |
46,407
+11,969
| +35% | +$1.49M |
|
1361
Polaris
PII
$3.83B
| $5.25M | 0.01% |
52,845
+2,042
| +4% | +$212K |
|
1362
eBay
EBAY
$51.2B
| $5.24M | 0.01% |
125,850
-18,909
| -13% | -$922K |
|
1363
Ameriprise Financial
AMP
$47.8B
| $5.24M | 0.01% |
22,054
+3,830
| +21% | +$1.03M |
|
1364
Invesco BulletShares 2027 Corporate Bond ETF
BSCR
$4.58B
| $5.24M | 0.01% |
270,478
+119,236
| +79% | +$2.34M |
|
1365
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.41B
| $5.24M | 0.01% |
239,804
+45,428
| +23% | +$1.12M |
|
1366
Inspire 100 ETF
BIBL
$474M
| $5.23M | 0.01% |
179,640
-46,987
| -21% | -$1.51M |
|
1367
Scotiabank
BNS
$105B
| $5.21M | ﹤0.01% |
87,984
-4,127
| -4% | -$268K |
|
1368
Vanguard Russell 2000 Value ETF
VTWV
$1.29B
| $5.21M | ﹤0.01% |
43,706
+14,770
| +51% | +$1.93M |
|
1369
PIMCO Enhanced Low Duration Active Exchange-Traded Fund
LDUR
$1.37B
| $5.2M | ﹤0.01% |
54,184
-19,946
| -27% | -$1.93M |
|
1370
Nasdaq
NDAQ
$53.4B
| $5.2M | ﹤0.01% |
102,321
+16,389
| +19% | +$867K |
|
1371
Jack Henry & Associates
JKHY
$11.4B
| $5.19M | ﹤0.01% |
28,621
+2,670
| +10% | +$500K |
|
1372
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$217M
| $5.18M | ﹤0.01% |
135,303
-32,184
| -19% | -$1.3M |
|
1373
Prospect Capital
PSEC
$1.08B
| $5.17M | ﹤0.01% |
739,993
+23,001
| +3% | +$177K |
|
1374
Sunoco
SUN
$14.4B
| $5.17M | ﹤0.01% |
138,661
+33,066
| +31% | +$1.35M |
|
1375
Toyota
TM
$228B
| $5.16M | ﹤0.01% |
33,449
+6,171
| +23% | +$1.02M |
|
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.