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 MBS ETF
MBB
|
+$272M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$205M |
| 4 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$193M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$165M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$363M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$162M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$100M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$89.5M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$77.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.07% |
| 2 | Healthcare | 3.26% |
| 3 | Financials | 3.13% |
| 4 | Industrials | 2.22% |
| 5 | Consumer Discretionary | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1551
Core Alternative Capital
CCOR
$27.8M
| $4.3M | ﹤0.01% |
136,201
+128,961
| +1,781% | +$4.08M |
|
1552
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$473M
| $4.3M | ﹤0.01% |
104,342
-12,016
| -10% | -$491K |
|
|
DFP
1553
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$427M
| $4.28M | ﹤0.01% |
228,973
-7,736
| -3% | -$148K |
|
1554
Dimensional US Real Estate ETF
DFAR
$1.78B
| $4.28M | ﹤0.01% |
+202,474
| New | +$4.29M |
|
1555
Ovintiv
OVV
$17.3B
| $4.28M | ﹤0.01% |
84,354
+33,621
| +66% | +$1.76M |
|
1556
Extra Space Storage
EXR
$31.3B
| $4.28M | ﹤0.01% |
29,057
-1,620
| -5% | -$259K |
|
1557
FT Vest Fund of Buffer ETFs
BUFR
$10.1B
| $4.27M | ﹤0.01% |
192,470
+124,563
| +183% | +$2.74M |
|
1558
Datadog
DDOG
$95.4B
| $4.27M | ﹤0.01% |
58,147
-17,035
| -23% | -$1.33M |
|
1559
NRG Energy
NRG
$28.3B
| $4.26M | ﹤0.01% |
133,979
+58,506
| +78% | +$2.31M |
|
|
TPHE
1560
DELISTED
Timothy Plan High Dividend Stock Enhanced ETF
TPHE
| $4.26M | ﹤0.01% |
+181,483
| New | +$4.3M |
|
1561
Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
$1.05B
| $4.25M | ﹤0.01% |
81,543
+2,935
| +4% | +$154K |
|
1562
Amplify BlueStar Israel Technology ETF
ITEQ
$112M
| $4.23M | ﹤0.01% |
96,146
-3,491
| -4% | -$155K |
|
1563
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$142M
| $4.2M | ﹤0.01% |
108,207
-175,476
| -62% | -$7.02M |
|
1564
Twilio
TWLO
$30B
| $4.2M | ﹤0.01% |
85,805
-3,249
| -4% | -$185K |
|
1565
Cambria Emerging Shareholder Yield ETF
EYLD
$838M
| $4.2M | ﹤0.01% |
149,807
+98,076
| +190% | +$2.65M |
|
1566
Telus
TU
$14.9B
| $4.19M | ﹤0.01% |
217,210
+102,426
| +89% | +$2.12M |
|
|
CRF
1567
Cornerstone Total Return Fund
CRF
$1.16B
| $4.19M | ﹤0.01% |
602,174
+8,922
| +2% | +$69.3K |
|
1568
Gartner
IT
$10.1B
| $4.19M | ﹤0.01% |
12,452
+2,253
| +22% | +$727K |
|
|
IPG
1569
DELISTED
Interpublic Group of Companies
IPG
| $4.18M | ﹤0.01% |
125,410
-1,070
| -0.8% | -$33.2K |
|
|
QVMT
1570
Invesco S&P 500 Concentrated QVM ETF
QVMT
$130M
| $4.17M | ﹤0.01% |
102,060
-24,100
| -19% | -$984K |
|
1571
Fortune Brands Innovations
FBIN
$5.88B
| $4.17M | ﹤0.01% |
73,011
-11,654
| -14% | -$613K |
|
1572
Incyte
INCY
$24.2B
| $4.17M | ﹤0.01% |
51,892
+5,804
| +13% | +$444K |
|
1573
Rambus
RMBS
$9.87B
| $4.15M | ﹤0.01% |
115,885
-2,108
| -2% | -$71.3K |
|
1574
Restaurant Brands International
QSR
$25.7B
| $4.15M | ﹤0.01% |
64,118
+1,142
| +2% | +$70.2K |
|
1575
iShares Morningstar Small-Cap ETF
ISCB
$282M
| $4.14M | ﹤0.01% |
90,779
+6,779
| +8% | +$313K |
|
Similar funds
LPL Financial's Q4 2022 Portfolio in Review
As of Q4 2022, LPL Financial held 4,669 positions worth $117B, up 13% from $104B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $6.24B of net new capital in Q4 2022, opening 252 new positions and adding to 2,329 existing holdings. Its largest new stake was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 5.1% of assets, down from 5.5% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $363M trimmed.
- LPL Financial's largest Q4 2022 buy was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q4 2022, an estimated $272M increase.
- LPL Financial's biggest Q4 2022 reduction was iShares US Treasury Bond ETF, cutting an estimated $363M.
- LPL Financial fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q4 2022, selling an estimated $26.9M.
- LPL Financial's ten largest holdings make up 17% of its $117B portfolio in Q4 2022.
- LPL Financial opened 252 new positions and closed 216 in Q4 2022.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $117B.
Based on LPL Financial's 13F filing for Q4 2022, filed 7 Feb 2023.