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 | |
|---|---|---|---|---|---|---|
|
CIK
1601
Credit Suisse Asset Management Income Fund
CIK
$134M
| $3.57M | ﹤0.01% |
1,348,369
+9,751
| +0.7% | +$27.7K |
|
1602
Invesco Dorsey Wright Financial Momentum ETF
PFI
$59.5M
| $3.57M | ﹤0.01% |
93,246
+10,269
| +12% | +$427K |
|
1603
Plains GP Holdings
PAGP
$5.21B
| $3.57M | ﹤0.01% |
327,329
+71,933
| +28% | +$824K |
|
|
CYBR
1604
DELISTED
CyberArk
CYBR
| $3.57M | ﹤0.01% |
23,796
-87
| -0.4% | -$12.4K |
|
|
ABB
1605
DELISTED
ABB Ltd
ABB
| $3.56M | ﹤0.01% |
138,925
+45,724
| +49% | +$1.28M |
|
1606
BlackRock Corporate High Yield Fund
HYT
$1.36B
| $3.56M | ﹤0.01% |
416,129
+16,801
| +4% | +$161K |
|
1607
Compass Diversified
CODI
$758M
| $3.55M | ﹤0.01% |
196,717
+2,003
| +1% | +$44.1K |
|
1608
Nuveen Municipal Credit Income Fund
NZF
$2.4B
| $3.55M | ﹤0.01% |
312,396
-3,654
| -1% | -$47.1K |
|
|
PSMM
1609
DELISTED
Invesco Moderately Conservative Multi-Asset Allocation ETF
PSMM
| $3.55M | ﹤0.01% |
274,263
-24
| -0% | -$333 |
|
1610
ALPS Clean Energy ETF
ACES
$109M
| $3.55M | ﹤0.01% |
63,991
-2,332
| -4% | -$138K |
|
1611
Alcoa
AA
$11.9B
| $3.55M | ﹤0.01% |
105,442
-18,920
| -15% | -$883K |
|
1612
Royal Caribbean
RCL
$85.1B
| $3.55M | ﹤0.01% |
93,554
-763
| -0.8% | -$30.9K |
|
|
RFI
1613
Cohen & Steers Total Return Realty Fund
RFI
$308M
| $3.54M | ﹤0.01% |
293,302
-4,364
| -1% | -$61K |
|
1614
Agnico Eagle Mines
AEM
$73.6B
| $3.54M | ﹤0.01% |
83,882
-3,170
| -4% | -$136K |
|
1615
FlexShares STOXX US ESG Select Index Fund
ESG
$132M
| $3.54M | ﹤0.01% |
41,216
+2,880
| +8% | +$274K |
|
1616
Acadia Healthcare
ACHC
$2.76B
| $3.53M | ﹤0.01% |
45,128
+4,954
| +12% | +$396K |
|
1617
Xtrackers Municipal Infrastructure Revenue Bond ETF
RVNU
$142M
| $3.52M | ﹤0.01% |
151,672
+83,314
| +122% | +$2.06M |
|
1618
Pacer Trendpilot International ETF
PTIN
$183M
| $3.5M | ﹤0.01% |
143,605
-9,267
| -6% | -$226K |
|
|
DPG
1619
Duff & Phelps Utility and Infrastructure Fund
DPG
$521M
| $3.49M | ﹤0.01% |
272,392
+13,212
| +5% | +$189K |
|
|
AZPN
1620
DELISTED
Aspen Technology Inc
AZPN
| $3.48M | ﹤0.01% |
14,623
+1,618
| +12% | +$336K |
|
1621
State Street SPDR S&P Emerging Asia Pacific ETF
GMF
$425M
| $3.48M | ﹤0.01% |
38,836
+9,374
| +32% | +$932K |
|
1622
ChargePoint
CHPT
$141M
| $3.46M | ﹤0.01% |
11,734
+2,623
| +29% | +$796K |
|
1623
Jacobs Solutions
J
$15.9B
| $3.46M | ﹤0.01% |
38,547
+773
| +2% | +$80.1K |
|
1624
Agilent Technologies
A
$39.1B
| $3.45M | ﹤0.01% |
28,411
-1,545
| -5% | -$198K |
|
1625
Lantheus
LNTH
$6.49B
| $3.44M | ﹤0.01% |
48,939
+3,017
| +7% | +$229K |
|
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.