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 | |
|---|---|---|---|---|---|---|
1501
Academy Sports + Outdoors
ASO
$3.04B
| $4.32M | ﹤0.01% |
121,519
+6,981
| +6% | +$255K |
|
1502
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$467M
| $4.31M | ﹤0.01% |
53,421
+12,242
| +30% | +$1.08M |
|
1503
Cardlytics
CDLX
$22.2M
| $4.31M | ﹤0.01% |
19,306
+5,595
| +41% | +$1.87M |
|
1504
Invesco Senior Income Trust
VVR
$456M
| $4.31M | ﹤0.01% |
1,106,846
+515,620
| +87% | +$2.07M |
|
1505
Masco
MAS
$14.3B
| $4.3M | ﹤0.01% |
85,074
+11,578
| +16% | +$612K |
|
1506
Organon & Co
OGN
$3.56B
| $4.3M | ﹤0.01% |
+127,360
| New | +$4.46M |
|
|
AOD
1507
abrdn Total Dynamic Dividend Fund
AOD
$1.08B
| $4.3M | ﹤0.01% |
531,622
+54,281
| +11% | +$472K |
|
1508
Plug Power
PLUG
$2.65B
| $4.29M | ﹤0.01% |
259,209
-694
| -0.3% | -$13.8K |
|
|
HTD
1509
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$912M
| $4.29M | ﹤0.01% |
186,931
+219
| +0.1% | +$5.36K |
|
1510
First Trust Exchange-Traded Fund VI First Trust S&P International Dividend Aristocrats ETF
FID
$167M
| $4.29M | ﹤0.01% |
268,735
+76,128
| +40% | +$1.3M |
|
1511
Lincoln National
LNC
$7.92B
| $4.27M | ﹤0.01% |
91,374
+39,093
| +75% | +$2.23M |
|
1512
Essential Utilities
WTRG
$11.5B
| $4.27M | ﹤0.01% |
93,185
+467
| +0.5% | +$21.7K |
|
1513
ProShares Trust Short MSCI EAFE
EFZ
$10.5M
| $4.27M | ﹤0.01% |
+100,232
| New | +$4.02M |
|
1514
Pinterest
PINS
$13.7B
| $4.27M | ﹤0.01% |
235,229
-1,891
| -0.8% | -$39.6K |
|
|
SQEW
1515
DELISTED
LeaderShares Equity Skew ETF
SQEW
| $4.26M | ﹤0.01% |
152,816
+48,778
| +47% | +$1.46M |
|
1516
First Horizon
FHN
$12.2B
| $4.26M | ﹤0.01% |
194,854
+52,293
| +37% | +$1.18M |
|
1517
SiteOne Landscape Supply
SITE
$4.09B
| $4.25M | ﹤0.01% |
35,711
+688
| +2% | +$92.3K |
|
1518
MP Materials
MP
$6.78B
| $4.24M | ﹤0.01% |
132,254
-19,405
| -13% | -$783K |
|
1519
Align Technology
ALGN
$12.9B
| $4.22M | ﹤0.01% |
17,822
-519
| -3% | -$159K |
|
1520
Bank of America Series L
BAC.PRL
$3.93B
| $4.21M | ﹤0.01% |
+3,497
| New | +$4.29M |
|
1521
iShares iBonds Dec 2026 Term Muni Bond ETF
IBMO
$581M
| $4.2M | ﹤0.01% |
165,923
+73,614
| +80% | +$1.85M |
|
1522
Fidelity National Financial
FNF
$14.4B
| $4.2M | ﹤0.01% |
118,041
-939
| -0.8% | -$36.7K |
|
1523
CION Investment
CION
$297M
| $4.19M | ﹤0.01% |
+481,628
| New | +$5.17M |
|
1524
Unity
U
$14B
| $4.18M | ﹤0.01% |
112,553
+17,848
| +19% | +$1.01M |
|
1525
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.24B
| $4.17M | ﹤0.01% |
86,458
-167,429
| -66% | -$8.23M |
|
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.