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 | |
|---|---|---|---|---|---|---|
1401
Ameren
AEE
$30.3B
| $4.84M | ﹤0.01% |
60,134
+3,352
| +6% | +$306K |
|
1402
Davis Select Financial ETF
DFNL
$460M
| $4.84M | ﹤0.01% |
197,771
+18,986
| +11% | +$507K |
|
1403
Avery Dennison
AVY
$13B
| $4.8M | ﹤0.01% |
29,515
+115
| +0.4% | +$20.9K |
|
1404
Keurig Dr Pepper
KDP
$42.3B
| $4.8M | ﹤0.01% |
134,069
-9,373
| -7% | -$355K |
|
1405
Federal Realty Investment Trust
FRT
$10.7B
| $4.79M | ﹤0.01% |
53,091
+20,001
| +60% | +$2.03M |
|
1406
Yum China
YUMC
$16.5B
| $4.78M | ﹤0.01% |
100,980
+1,486
| +1% | +$71.4K |
|
1407
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.33B
| $4.78M | ﹤0.01% |
229,285
-2,240
| -1% | -$50.6K |
|
1408
RPM International
RPM
$13.7B
| $4.77M | ﹤0.01% |
57,266
+4,975
| +10% | +$442K |
|
1409
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$221M
| $4.77M | ﹤0.01% |
118,071
-17,232
| -13% | -$727K |
|
1410
Capital Group Core Plus Income ETF
CGCP
$8.33B
| $4.77M | ﹤0.01% |
218,059
+103,622
| +91% | +$2.41M |
|
1411
Virtus Real Asset Income ETF
VRAI
$18.5M
| $4.76M | ﹤0.01% |
215,636
+17,026
| +9% | +$423K |
|
1412
Pinterest
PINS
$13.4B
| $4.76M | ﹤0.01% |
204,154
-31,075
| -13% | -$682K |
|
1413
Domino's
DPZ
$11.5B
| $4.76M | ﹤0.01% |
15,332
+1,336
| +10% | +$507K |
|
1414
Invesco Global Listed Private Equity ETF
PSP
$232M
| $4.75M | ﹤0.01% |
112,292
-9,424
| -8% | -$473K |
|
1415
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.36B
| $4.75M | ﹤0.01% |
55,580
-2,106
| -4% | -$193K |
|
1416
iShares Global Infrastructure ETF
IGF
$10.9B
| $4.75M | ﹤0.01% |
113,433
-13,058
| -10% | -$616K |
|
1417
Alaska Air
ALK
$5.29B
| $4.74M | ﹤0.01% |
120,941
-7,061
| -6% | -$310K |
|
1418
Fidelity High Yield Factor ETF
FDHY
$566M
| $4.73M | ﹤0.01% |
107,065
-400
| -0.4% | -$18.7K |
|
1419
iShares North American Natural Resources ETF
IGE
$741M
| $4.73M | ﹤0.01% |
136,090
-11,318
| -8% | -$421K |
|
1420
Invesco Global Clean Energy ETF
PBD
$182M
| $4.73M | ﹤0.01% |
248,117
-2,797
| -1% | -$61.2K |
|
1421
JB Hunt Transport Services
JBHT
$25.5B
| $4.73M | ﹤0.01% |
30,222
+4
| +0% | +$698 |
|
|
CRF
1422
Cornerstone Total Return Fund
CRF
$1.16B
| $4.72M | ﹤0.01% |
593,252
+83,803
| +16% | +$765K |
|
1423
State Street SPDR S&P Pharmaceuticals ETF
XPH
$476M
| $4.72M | ﹤0.01% |
117,605
+11,145
| +10% | +$477K |
|
1424
eBay
EBAY
$50.6B
| $4.71M | ﹤0.01% |
127,971
+2,121
| +2% | +$94.5K |
|
1425
AdvisorShares Ranger Equity Bear ETF
HDGE
$60M
| $4.71M | ﹤0.01% |
155,548
+9,968
| +7% | +$282K |
|
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.