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 | |
|---|---|---|---|---|---|---|
1626
ClearBridge Large Cap Growth Select ETF
LRGE
$362M
| $3.5M | ﹤0.01% |
83,864
-10,379
| -11% | -$476K |
|
1627
American Homes 4 Rent
AMH
$12.1B
| $3.49M | ﹤0.01% |
98,438
+15,683
| +19% | +$594K |
|
|
SBNY
1628
DELISTED
Signature Bank
SBNY
| $3.48M | ﹤0.01% |
19,426
+2,431
| +14% | +$545K |
|
1629
EQT Corp
EQT
$32.9B
| $3.47M | ﹤0.01% |
100,893
+3,755
| +4% | +$155K |
|
|
FITE
1630
State Street SPDR S&P Kensho Future Security ETF
FITE
$137M
| $3.47M | ﹤0.01% |
78,842
+986
| +1% | +$46.6K |
|
1631
Pool Corp
POOL
$7.05B
| $3.47M | ﹤0.01% |
9,878
+4,361
| +79% | +$1.73M |
|
1632
Equity Residential
EQR
$25.8B
| $3.46M | ﹤0.01% |
47,927
+2,480
| +5% | +$197K |
|
1633
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$382M
| $3.46M | ﹤0.01% |
42,798
-42,244
| -50% | -$3.77M |
|
1634
Cullen/Frost Bankers
CFR
$10.5B
| $3.45M | ﹤0.01% |
29,664
+7,090
| +31% | +$906K |
|
1635
Avantis US Large Cap Value ETF
AVLV
$17.8B
| $3.45M | ﹤0.01% |
+74,862
| New | +$3.81M |
|
1636
First American
FAF
$7.98B
| $3.45M | ﹤0.01% |
65,185
+9,687
| +17% | +$564K |
|
1637
iShares Micro-Cap ETF
IWC
$1.42B
| $3.45M | ﹤0.01% |
33,189
+220
| +0.7% | +$25.3K |
|
1638
Molson Coors Class B
TAP
$8.02B
| $3.44M | ﹤0.01% |
63,191
+19,749
| +45% | +$1.06M |
|
1639
Cloudflare
NET
$96B
| $3.44M | ﹤0.01% |
78,693
-1,283
| -2% | -$92.4K |
|
1640
JPMorgan BetaBuilders Europe ETF
BBEU
$9.17B
| $3.44M | ﹤0.01% |
+74,696
| New | +$3.81M |
|
1641
Invesco DB Oil Fund
DBO
$401M
| $3.44M | ﹤0.01% |
188,454
-67,786
| -26% | -$1.27M |
|
1642
FlexShares STOXX US ESG Select Index Fund
ESG
$130M
| $3.44M | ﹤0.01% |
38,336
+3,919
| +11% | +$386K |
|
1643
Insulet
PODD
$11.8B
| $3.42M | ﹤0.01% |
15,710
-285
| -2% | -$64.8K |
|
1644
ProShares Short High Yield
SJB
$51.9M
| $3.42M | ﹤0.01% |
+173,241
| New | +$3.28M |
|
|
BCV
1645
Bancroft Fund
BCV
$130M
| $3.41M | ﹤0.01% |
188,931
+4,410
| +2% | +$87.4K |
|
1646
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$801M
| $3.39M | ﹤0.01% |
97,396
+25,711
| +36% | +$994K |
|
1647
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $3.38M | ﹤0.01% |
77,623
-6,871
| -8% | -$318K |
|
|
EXAS
1648
DELISTED
Exact Sciences
EXAS
| $3.37M | ﹤0.01% |
85,646
-7,995
| -9% | -$428K |
|
|
ZTR
1649
Virtus Total Return Fund
ZTR
$337M
| $3.34M | ﹤0.01% |
412,288
+21,475
| +5% | +$193K |
|
1650
Nuveen Multi-Asset Income Fund
NMAI
$456M
| $3.34M | ﹤0.01% |
+252,869
| New | +$3.69M |
|
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.