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 | |
|---|---|---|---|---|---|---|
1376
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$339M
| $5M | ﹤0.01% |
149,780
-1,005
| -0.7% | -$36.4K |
|
1377
Invesco Dorsey Wright Energy Momentum ETF
PXI
$60.7M
| $4.99M | ﹤0.01% |
126,994
-23,233
| -15% | -$962K |
|
1378
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.31B
| $4.99M | ﹤0.01% |
53,563
+39,014
| +268% | +$4.1M |
|
1379
BlackRock Credit Allocation Income Trust
BTZ
$930M
| $4.99M | ﹤0.01% |
522,527
+86,885
| +20% | +$954K |
|
1380
Match Group
MTCH
$9.19B
| $4.98M | ﹤0.01% |
104,239
+23,718
| +29% | +$1.49M |
|
1381
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.57B
| $4.97M | ﹤0.01% |
+100,076
| New | +$4.99M |
|
1382
Sunoco
SUN
$14.4B
| $4.95M | ﹤0.01% |
126,942
-11,719
| -8% | -$461K |
|
1383
Invesco RAFI Strategic US ETF
IUS
$916M
| $4.94M | ﹤0.01% |
148,755
+91,443
| +160% | +$3.37M |
|
1384
iShares MSCI Spain ETF
EWP
$2.11B
| $4.94M | ﹤0.01% |
+249,109
| New | +$5.55M |
|
1385
Prospect Capital
PSEC
$1.07B
| $4.94M | ﹤0.01% |
796,206
+56,213
| +8% | +$420K |
|
1386
WisdomTree Yield Enhanced US Short-Term Aggregate Bond Fund
SHAG
$47.1M
| $4.93M | ﹤0.01% |
106,572
-8,045
| -7% | -$381K |
|
|
FITB
1387
Fifth Third Bancorp
FITB
$51.2B
| $4.92M | ﹤0.01% |
154,057
+11,375
| +8% | +$392K |
|
1388
Texas Pacific Land
TPL
$27.8B
| $4.92M | ﹤0.01% |
24,930
+837
| +3% | +$161K |
|
1389
Take-Two Interactive
TTWO
$45.4B
| $4.91M | ﹤0.01% |
45,074
+4,911
| +12% | +$610K |
|
1390
John Hancock Multifactor Small Cap ETF
JHSC
$722M
| $4.91M | ﹤0.01% |
174,912
+9,544
| +6% | +$295K |
|
|
VMW
1391
DELISTED
VMware, Inc
VMW
| $4.91M | ﹤0.01% |
46,129
+4,813
| +12% | +$554K |
|
1392
Equinor
EQNR
$97.7B
| $4.9M | ﹤0.01% |
148,091
+12,889
| +10% | +$465K |
|
|
SHCO
1393
DELISTED
Soho House & Co
SHCO
| $4.9M | ﹤0.01% |
1,038,456
+137,328
| +15% | +$862K |
|
1394
VanEck Pharmaceutical ETF
PPH
$959M
| $4.89M | ﹤0.01% |
72,749
+30,770
| +73% | +$2.27M |
|
1395
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$581M
| $4.89M | ﹤0.01% |
198,438
+32,515
| +20% | +$825K |
|
1396
JPMorgan BetaBuilders Canada ETF
BBCA
$10.9B
| $4.88M | ﹤0.01% |
91,392
+9,248
| +11% | +$549K |
|
1397
Polaris
PII
$3.82B
| $4.88M | ﹤0.01% |
51,065
-1,780
| -3% | -$200K |
|
1398
Baker Hughes
BKR
$60B
| $4.88M | ﹤0.01% |
232,859
-46,624
| -17% | -$1.17M |
|
1399
Hartford Financial Services
HIG
$38.9B
| $4.85M | ﹤0.01% |
78,324
+3,694
| +5% | +$240K |
|
1400
Darden Restaurants
DRI
$23.3B
| $4.85M | ﹤0.01% |
38,374
-8,033
| -17% | -$1M |
|
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.