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 | |
|---|---|---|---|---|---|---|
|
CIK
1601
Credit Suisse Asset Management Income Fund
CIK
$134M
| $3.65M | ﹤0.01% |
1,338,618
+11,966
| +0.9% | +$33.9K |
|
1602
Cambria Global Momentum ETF
GMOM
$68.6M
| $3.64M | ﹤0.01% |
123,497
+52,511
| +74% | +$1.66M |
|
1603
Macerich
MAC
$7.4B
| $3.64M | ﹤0.01% |
417,683
-93,687
| -18% | -$1.13M |
|
|
RESP
1604
DELISTED
WisdomTree U.S. ESG Fund
RESP
| $3.64M | ﹤0.01% |
89,329
-7,573
| -8% | -$334K |
|
|
DPG
1605
Duff & Phelps Utility and Infrastructure Fund
DPG
$524M
| $3.6M | ﹤0.01% |
259,180
+10,907
| +4% | +$160K |
|
|
DEA
1606
Easterly Government Properties
DEA
$1.16B
| $3.59M | ﹤0.01% |
75,426
+39,672
| +111% | +$1.93M |
|
|
LGI
1607
Lazard Global Total Return & Income Fund
LGI
$233M
| $3.58M | ﹤0.01% |
232,334
+4,652
| +2% | +$74.8K |
|
|
FFC
1608
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$767M
| $3.58M | ﹤0.01% |
213,557
-35,313
| -14% | -$640K |
|
1609
Amplify BlackSwan Growth & Treasure Core ETF
SWAN
$155M
| $3.58M | ﹤0.01% |
132,539
-51,605
| -28% | -$1.46M |
|
1610
Expedia Group
EXPE
$36.5B
| $3.56M | ﹤0.01% |
37,538
-6,626
| -15% | -$938K |
|
|
BSMO
1611
DELISTED
Invesco BulletShares 2024 Municipal Bond ETF
BSMO
| $3.56M | ﹤0.01% |
143,005
+12,282
| +9% | +$304K |
|
1612
Agilent Technologies
A
$39.6B
| $3.56M | ﹤0.01% |
29,956
-721
| -2% | -$88.6K |
|
1613
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$899M
| $3.54M | ﹤0.01% |
159,465
+10,714
| +7% | +$251K |
|
1614
NRG Energy
NRG
$26.2B
| $3.54M | ﹤0.01% |
92,640
+19,478
| +27% | +$796K |
|
1615
Molina Healthcare
MOH
$10.4B
| $3.53M | ﹤0.01% |
12,640
-726
| -5% | -$219K |
|
1616
SolarEdge
SEDG
$2.37B
| $3.53M | ﹤0.01% |
12,893
-4,450
| -26% | -$1.22M |
|
1617
Leggett & Platt
LEG
$1.4B
| $3.52M | ﹤0.01% |
101,860
+13,586
| +15% | +$497K |
|
1618
VanEck Video Gaming and eSports ETF
ESPO
$251M
| $3.52M | ﹤0.01% |
73,802
-29,598
| -29% | -$1.52M |
|
1619
Camden Property Trust
CPT
$11.5B
| $3.52M | ﹤0.01% |
26,156
+12,836
| +96% | +$1.9M |
|
1620
Sprott Uranium Miners ETF
URNM
$1.71B
| $3.52M | ﹤0.01% |
123,028
+7,408
| +6% | +$262K |
|
1621
EXL Service
EXLS
$5.46B
| $3.51M | ﹤0.01% |
117,850
-18,940
| -14% | -$535K |
|
1622
Arbor Realty Trust
ABR
$977M
| $3.51M | ﹤0.01% |
267,976
-40,143
| -13% | -$645K |
|
1623
AGF US Market Neutral Anti-Beta Fund
BTAL
$315M
| $3.5M | ﹤0.01% |
160,934
+140,211
| +677% | +$2.83M |
|
1624
iShares US Equity Factor ETF
LRGF
$3.5B
| $3.5M | ﹤0.01% |
92,338
-52,618
| -36% | -$2.16M |
|
1625
Nordson
NDSN
$16.4B
| $3.5M | ﹤0.01% |
17,279
-555
| -3% | -$118K |
|
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.