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 | |
|---|---|---|---|---|---|---|
1576
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.22B
| $3.73M | ﹤0.01% |
109,548
-30,714
| -22% | -$1.1M |
|
1577
JPMorgan Diversified Return International Equity ETF
JPIN
$368M
| $3.72M | ﹤0.01% |
86,970
-7,329
| -8% | -$354K |
|
1578
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$358M
| $3.72M | ﹤0.01% |
151,844
+49,239
| +48% | +$1.28M |
|
1579
Whirlpool
WHR
$2.43B
| $3.72M | ﹤0.01% |
27,607
+1,162
| +4% | +$185K |
|
1580
Insulet
PODD
$11.5B
| $3.71M | ﹤0.01% |
16,188
+478
| +3% | +$120K |
|
1581
Scotiabank
BNS
$107B
| $3.7M | ﹤0.01% |
77,782
-10,202
| -12% | -$583K |
|
1582
Invesco AI and Next Gen Software ETF
IGPT
$1.15B
| $3.69M | ﹤0.01% |
124,575
-5,070
| -4% | -$166K |
|
1583
BlackRock Science and Technology Term Trust
BSTZ
$1.95B
| $3.68M | ﹤0.01% |
208,589
+12,776
| +7% | +$263K |
|
1584
Amdocs
DOX
$5.92B
| $3.68M | ﹤0.01% |
46,310
-6,317
| -12% | -$535K |
|
1585
Brookfield
BN
$104B
| $3.67M | ﹤0.01% |
166,667
-70,906
| -30% | -$1.84M |
|
1586
JPMorgan BetaBuilders Europe ETF
BBEU
$9.35B
| $3.67M | ﹤0.01% |
91,077
+16,381
| +22% | +$746K |
|
1587
H&R Block
HRB
$5.58B
| $3.67M | ﹤0.01% |
86,225
+28,910
| +50% | +$1.22M |
|
1588
Macerich
MAC
$7.33B
| $3.66M | ﹤0.01% |
461,397
+43,714
| +10% | +$425K |
|
1589
SiteOne Landscape Supply
SITE
$4.12B
| $3.66M | ﹤0.01% |
35,138
-573
| -2% | -$71.8K |
|
1590
WisdomTree International SmallCap Dividend Fund
DLS
$1.06B
| $3.64M | ﹤0.01% |
70,831
-20,206
| -22% | -$1.18M |
|
1591
Leggett & Platt
LEG
$1.34B
| $3.64M | ﹤0.01% |
109,695
+7,835
| +8% | +$298K |
|
1592
Booz Allen Hamilton
BAH
$8.39B
| $3.64M | ﹤0.01% |
39,453
+3,253
| +9% | +$308K |
|
1593
Evergy
EVRG
$19.1B
| $3.62M | ﹤0.01% |
60,997
+2,783
| +5% | +$187K |
|
1594
Lamar Advertising Co
LAMR
$16.2B
| $3.61M | ﹤0.01% |
43,726
-3,145
| -7% | -$300K |
|
1595
First Trust Exchange-Traded Fund VI First Trust S&P International Dividend Aristocrats ETF
FID
$168M
| $3.6M | ﹤0.01% |
262,005
-6,730
| -3% | -$104K |
|
1596
iShare MSCI Eurozone ETF
EZU
$9.64B
| $3.6M | ﹤0.01% |
112,402
-10,979
| -9% | -$395K |
|
1597
iShares Morningstar Small-Cap ETF
ISCB
$282M
| $3.59M | ﹤0.01% |
84,000
-3,425
| -4% | -$163K |
|
1598
Casey's General Stores
CASY
$32.2B
| $3.58M | ﹤0.01% |
17,690
+131
| +0.7% | +$27.1K |
|
1599
Toro Company
TTC
$8.75B
| $3.58M | ﹤0.01% |
41,419
+2,653
| +7% | +$227K |
|
1600
Unity
U
$13.8B
| $3.58M | ﹤0.01% |
112,295
-258
| -0.2% | -$10.6K |
|
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.