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 | |
|---|---|---|---|---|---|---|
1426
abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
$403M
| $4.83M | ﹤0.01% |
133,758
-39,953
| -23% | -$1.59M |
|
1427
Davis Select Worldwide ETF
DWLD
$602M
| $4.83M | ﹤0.01% |
199,834
+3,085
| +2% | +$77.6K |
|
1428
JPMorgan BetaBuilders Canada ETF
BBCA
$10.9B
| $4.83M | ﹤0.01% |
+82,144
| New | +$5.3M |
|
1429
Yum China
YUMC
$15.7B
| $4.83M | ﹤0.01% |
99,494
+1,191
| +1% | +$50.2K |
|
1430
OGE Energy
OGE
$9.87B
| $4.81M | ﹤0.01% |
124,730
-53,818
| -30% | -$2.14M |
|
|
CAPD
1431
DELISTED
iPath Shiller CAPE ETN
CAPD
| $4.8M | ﹤0.01% |
257,066
+53,645
| +26% | +$1.09M |
|
1432
Gabelli Dividend & Income Trust
GDV
$2.59B
| $4.8M | ﹤0.01% |
234,692
+27,005
| +13% | +$600K |
|
1433
WisdomTree US Value Fund
WTV
$3.23B
| $4.8M | ﹤0.01% |
90,524
+14,073
| +18% | +$821K |
|
|
FITB
1434
Fifth Third Bancorp
FITB
$51.3B
| $4.79M | ﹤0.01% |
142,682
-20,563
| -13% | -$773K |
|
1435
Innovator S&P Investment Grade Preferred ETF
EPRF
$68.9M
| $4.79M | ﹤0.01% |
+245,434
| New | +$4.92M |
|
1436
Selective Insurance
SIGI
$5.76B
| $4.79M | ﹤0.01% |
55,098
+6,121
| +12% | +$498K |
|
1437
Lamb Weston
LW
$7.42B
| $4.78M | ﹤0.01% |
66,947
-6,812
| -9% | -$450K |
|
1438
abrdn Physical Silver Shares ETF
SIVR
$3.98B
| $4.78M | ﹤0.01% |
245,382
-30,035
| -11% | -$653K |
|
1439
Mohawk Industries
MHK
$6.91B
| $4.78M | ﹤0.01% |
38,483
+8,919
| +30% | +$1.18M |
|
1440
Invesco S&P MidCap 400 GARP ETF
GRPM
$492M
| $4.77M | ﹤0.01% |
61,211
-1,459
| -2% | -$124K |
|
1441
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $4.76M | ﹤0.01% |
61,826
-30,651
| -33% | -$2.41M |
|
1442
Avery Dennison
AVY
$12.8B
| $4.76M | ﹤0.01% |
29,400
+2,510
| +9% | +$429K |
|
1443
JB Hunt Transport Services
JBHT
$25.9B
| $4.76M | ﹤0.01% |
30,218
-20,207
| -40% | -$3.42M |
|
1444
Icahn Enterprises
IEP
$5.1B
| $4.75M | ﹤0.01% |
98,606
+8,365
| +9% | +$434K |
|
1445
BlackRock Credit Allocation Income Trust
BTZ
$927M
| $4.74M | ﹤0.01% |
435,642
+40,867
| +10% | +$466K |
|
1446
iShares MSCI USA Size Factor ETF
SIZE
$430M
| $4.74M | ﹤0.01% |
43,108
-1,747
| -4% | -$210K |
|
|
DFP
1447
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$424M
| $4.74M | ﹤0.01% |
220,516
+4,105
| +2% | +$95.1K |
|
1448
First Trust Nasdaq Semiconductor ETF
FTXL
$1.93B
| $4.74M | ﹤0.01% |
89,192
-58,114
| -39% | -$3.51M |
|
1449
VanEck Durable High Dividend ETF
DURA
$39.1M
| $4.73M | ﹤0.01% |
156,786
+121,019
| +338% | +$3.81M |
|
1450
Teladoc Health
TDOC
$1.66B
| $4.72M | ﹤0.01% |
142,225
+22,551
| +19% | +$958K |
|
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.