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 | |
|---|---|---|---|---|---|---|
1526
First Trust Horizon Managed Volatility Developed International ETF
HDMV
$17.6M
| $4.01M | ﹤0.01% |
163,510
+2,111
| +1% | +$57.8K |
|
1527
Amplify Online Retail ETF
IBUY
$111M
| $4.01M | ﹤0.01% |
101,370
-4,605
| -4% | -$213K |
|
1528
New Jersey Resources
NJR
$5.84B
| $4.01M | ﹤0.01% |
103,505
-1,411
| -1% | -$62.9K |
|
1529
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| $4M | ﹤0.01% |
100,083
-9,019
| -8% | -$401K |
|
1530
Live Nation Entertainment
LYV
$40.6B
| $3.99M | ﹤0.01% |
52,462
-6,088
| -10% | -$545K |
|
1531
UDR
UDR
$12.3B
| $3.98M | ﹤0.01% |
95,486
+7,473
| +8% | +$343K |
|
1532
First Trust Indxx Innovative Transaction & Process ETF
LEGR
$131M
| $3.98M | ﹤0.01% |
131,331
-19,188
| -13% | -$652K |
|
1533
Essential Utilities
WTRG
$11.3B
| $3.97M | ﹤0.01% |
95,857
+2,672
| +3% | +$129K |
|
|
ZTR
1534
Virtus Total Return Fund
ZTR
$340M
| $3.96M | ﹤0.01% |
635,511
+223,223
| +54% | +$1.75M |
|
1535
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.24B
| $3.96M | ﹤0.01% |
87,232
+774
| +0.9% | +$37.3K |
|
1536
WisdomTree Global High Dividend Fund
DEW
$148M
| $3.95M | ﹤0.01% |
96,046
-4,560
| -5% | -$208K |
|
1537
Fortive
FTV
$17.9B
| $3.95M | ﹤0.01% |
89,920
+11,764
| +15% | +$550K |
|
|
INCE
1538
Franklin Income Equity Focus ETF
INCE
$133M
| $3.95M | ﹤0.01% |
95,078
-32,318
| -25% | -$1.48M |
|
1539
CenterPoint Energy
CNP
$27.7B
| $3.95M | ﹤0.01% |
140,136
+4,799
| +4% | +$150K |
|
1540
Fidelity National Financial
FNF
$13.9B
| $3.95M | ﹤0.01% |
113,455
-4,586
| -4% | -$171K |
|
|
DOG
1541
ProShares Short Dow30
DOG
$110M
| $3.94M | ﹤0.01% |
101,917
+39,086
| +62% | +$1.37M |
|
1542
State Street SPDR Dow Jones International Real Estate ETF
RWX
$269M
| $3.94M | ﹤0.01% |
163,225
+25,708
| +19% | +$718K |
|
1543
iShares US Pharmaceuticals ETF
IHE
$1.46B
| $3.92M | ﹤0.01% |
69,447
-8,637
| -11% | -$532K |
|
|
SEE
1544
DELISTED
Sealed Air
SEE
| $3.92M | ﹤0.01% |
88,079
+30,454
| +53% | +$1.67M |
|
1545
MP Materials
MP
$7.36B
| $3.91M | ﹤0.01% |
143,364
+11,110
| +8% | +$363K |
|
1546
ProShares Short Russell2000
RWM
$132M
| $3.91M | ﹤0.01% |
148,433
-153,535
| -51% | -$3.71M |
|
1547
Pacer American Energy Infrastructure ETF
USAI
$128M
| $3.91M | ﹤0.01% |
156,527
+3,672
| +2% | +$101K |
|
1548
Equity Residential
EQR
$24.9B
| $3.91M | ﹤0.01% |
58,133
+10,206
| +21% | +$755K |
|
1549
WisdomTree Emerging Markets SmallCap Dividend Fund
DGS
$1.69B
| $3.89M | ﹤0.01% |
97,768
-15,477
| -14% | -$683K |
|
1550
Dolby
DLB
$5.51B
| $3.89M | ﹤0.01% |
59,699
+3,455
| +6% | +$257K |
|
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.