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 | |
|---|---|---|---|---|---|---|
1476
Nexstar Media Group
NXST
$5.82B
| $4.33M | ﹤0.01% |
25,980
+2,266
| +10% | +$420K |
|
1477
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
$1.14B
| $4.33M | ﹤0.01% |
88,566
+33,472
| +61% | +$1.66M |
|
1478
Southern Copper
SCCO
$143B
| $4.32M | ﹤0.01% |
104,004
-24,683
| -19% | -$1.09M |
|
1479
Cloudflare
NET
$99B
| $4.32M | ﹤0.01% |
78,054
-639
| -0.8% | -$38K |
|
1480
nVent Electric
NVT
$24.9B
| $4.29M | ﹤0.01% |
135,827
+3,940
| +3% | +$132K |
|
1481
Lincoln National
LNC
$8.73B
| $4.28M | ﹤0.01% |
97,556
+6,182
| +7% | +$298K |
|
1482
Gabelli Dividend & Income Trust
GDV
$2.6B
| $4.28M | ﹤0.01% |
228,578
-6,114
| -3% | -$130K |
|
1483
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$690M
| $4.27M | ﹤0.01% |
76,136
+17,079
| +29% | +$1.12M |
|
1484
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $4.27M | ﹤0.01% |
83,312
-20,322
| -20% | -$1.13M |
|
1485
Selective Insurance
SIGI
$5.65B
| $4.26M | ﹤0.01% |
52,397
-2,701
| -5% | -$220K |
|
1486
iShares iBonds Dec 2029 Term Corporate ETF
IBDU
$4.03B
| $4.26M | ﹤0.01% |
195,485
+23,166
| +13% | +$531K |
|
1487
Invesco California AMT-Free Municipal Bond ETF
PWZ
$1.14B
| $4.24M | ﹤0.01% |
182,996
-23,371
| -11% | -$572K |
|
|
BSMO
1488
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $4.24M | ﹤0.01% |
173,883
+30,878
| +22% | +$768K |
|
1489
Healthcare Realty
HR
$7.28B
| $4.23M | ﹤0.01% |
202,952
+11,471
| +6% | +$292K |
|
1490
Zscaler
ZS
$24.5B
| $4.23M | ﹤0.01% |
25,711
+6,097
| +31% | +$998K |
|
1491
Steel Dynamics
STLD
$36B
| $4.22M | ﹤0.01% |
59,537
-11,293
| -16% | -$855K |
|
1492
Vale
VALE
$64.1B
| $4.22M | ﹤0.01% |
316,916
-14,597
| -4% | -$192K |
|
1493
Charles River Laboratories
CRL
$11.2B
| $4.21M | ﹤0.01% |
21,418
+3,854
| +22% | +$832K |
|
|
JHMH
1494
DELISTED
John Hancock Multifactor Healthcare ETF
JHMH
| $4.21M | ﹤0.01% |
97,486
-2,553
| -3% | -$118K |
|
1495
Defiance Quantum ETF
QTUM
$5.23B
| $4.2M | ﹤0.01% |
116,291
+6,584
| +6% | +$274K |
|
1496
Western Digital
WDC
$188B
| $4.2M | ﹤0.01% |
170,716
-31,290
| -15% | -$1.04M |
|
1497
Main Sector Rotation ETF
SECT
$2.75B
| $4.2M | ﹤0.01% |
118,161
+69,350
| +142% | +$2.66M |
|
1498
State Street SPDR S&P Health Care Services ETF
XHS
$206M
| $4.19M | ﹤0.01% |
47,760
+24,530
| +106% | +$2.3M |
|
1499
Sixth Street Specialty
TSLX
$1.63B
| $4.19M | ﹤0.01% |
256,564
+31,870
| +14% | +$593K |
|
|
FSCS
1500
First Trust SMID Capital Strength ETF
FSCS
$58M
| $4.19M | ﹤0.01% |
173,944
-1,850
| -1% | -$49.4K |
|
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.