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 | |
|---|---|---|---|---|---|---|
1551
Fortune Brands Innovations
FBIN
$5.88B
| $3.88M | ﹤0.01% |
84,665
+21,615
| +34% | +$1.17M |
|
1552
Masco
MAS
$14.1B
| $3.88M | ﹤0.01% |
83,181
-1,893
| -2% | -$98.5K |
|
1553
Nuveen Quality Municipal Income Fund
NAD
$2.74B
| $3.88M | ﹤0.01% |
353,034
-42,229
| -11% | -$527K |
|
|
RESP
1554
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $3.88M | ﹤0.01% |
101,474
+12,145
| +14% | +$518K |
|
1555
KraneShares Electric Vehicles and Future Mobility Index ETF
KARS
$76.9M
| $3.88M | ﹤0.01% |
127,008
-799
| -0.6% | -$28.7K |
|
1556
VanEck CEF Muni Income ETF
XMPT
$219M
| $3.87M | ﹤0.01% |
187,774
-71,118
| -27% | -$1.65M |
|
1557
VanEck Long/Flat Trend ETF
LFEQ
$28.3M
| $3.87M | ﹤0.01% |
115,375
-1,656
| -1% | -$59.6K |
|
|
PRTY
1558
DELISTED
Party City Holdco Inc.
PRTY
| $3.87M | ﹤0.01% |
2,448,718
+625,062
| +34% | +$1.05M |
|
1559
SAP
SAP
$212B
| $3.86M | ﹤0.01% |
47,515
+1,908
| +4% | +$169K |
|
1560
Tyler Technologies
TYL
$12.7B
| $3.85M | ﹤0.01% |
11,075
+2,922
| +36% | +$1.09M |
|
1561
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.05B
| $3.85M | ﹤0.01% |
78,608
+3,340
| +4% | +$182K |
|
1562
Kinsale Capital Group
KNSL
$8.12B
| $3.84M | ﹤0.01% |
15,036
+2,726
| +22% | +$679K |
|
1563
Cambria Global Momentum ETF
GMOM
$69.8M
| $3.84M | ﹤0.01% |
135,391
+11,894
| +10% | +$345K |
|
1564
Cameco
CCJ
$37.6B
| $3.83M | ﹤0.01% |
144,481
-6,440
| -4% | -$165K |
|
1565
First Trust Global Wind Energy ETF
FAN
$278M
| $3.82M | ﹤0.01% |
252,378
-7,577
| -3% | -$134K |
|
|
EOS
1566
Eaton Vance Enhance Equity Income Fund II
EOS
$1.13B
| $3.81M | ﹤0.01% |
249,174
+8,622
| +4% | +$153K |
|
1567
First Trust Securitized Plus ETF
DEED
$79.8M
| $3.8M | ﹤0.01% |
177,114
-134,820
| -43% | -$3.06M |
|
1568
Olin
OLN
$2.11B
| $3.8M | ﹤0.01% |
88,616
+7,493
| +9% | +$380K |
|
1569
Franklin International Core Dividend Tilt Index ETF
DIVI
$2.7B
| $3.79M | ﹤0.01% |
170,106
+79,017
| +87% | +$2.01M |
|
1570
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.71B
| $3.77M | ﹤0.01% |
3,134
+5
| +0.2% | +$6.26K |
|
1571
QuantumScape Corp
QS
$3.21B
| $3.77M | ﹤0.01% |
447,813
+15,204
| +4% | +$163K |
|
|
QWLD
1572
State Street SPDR MSCI World StrategicFactors ETF
QWLD
$175M
| $3.76M | ﹤0.01% |
44,291
+11,577
| +35% | +$1.08M |
|
1573
Ally Financial
ALLY
$13.2B
| $3.76M | ﹤0.01% |
135,000
+13,667
| +11% | +$454K |
|
|
IBTE
1574
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $3.75M | ﹤0.01% |
156,446
+81,557
| +109% | +$1.98M |
|
1575
Arbor Realty Trust
ABR
$964M
| $3.73M | ﹤0.01% |
324,809
+56,833
| +21% | +$836K |
|
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.