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 | |
|---|---|---|---|---|---|---|
1676
VanEck Oil Refiners ETF
CRAK
$215M
| $3.23M | ﹤0.01% |
109,001
+94,431
| +648% | +$2.96M |
|
1677
Pembina Pipeline
PBA
$29.3B
| $3.23M | ﹤0.01% |
91,439
+25,053
| +38% | +$965K |
|
1678
Fortune Brands Innovations
FBIN
$5.88B
| $3.23M | ﹤0.01% |
63,050
-3,694
| -6% | -$216K |
|
1679
Amplify Travel Tech ETF
AWAY
$26M
| $3.23M | ﹤0.01% |
183,815
+23,587
| +15% | +$487K |
|
1680
VanEck Pharmaceutical ETF
PPH
$970M
| $3.23M | ﹤0.01% |
41,979
+22,802
| +119% | +$1.78M |
|
1681
ALPS Clean Energy ETF
ACES
$110M
| $3.23M | ﹤0.01% |
66,323
-14,793
| -18% | -$775K |
|
1682
Wabtec
WAB
$49.4B
| $3.22M | ﹤0.01% |
39,247
+7,049
| +22% | +$628K |
|
|
IBHD
1683
DELISTED
iShares iBonds 2024 Term High Yield and Income ETF
IBHD
| $3.22M | ﹤0.01% |
144,886
+7,243
| +5% | +$167K |
|
|
AQUA
1684
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $3.21M | ﹤0.01% |
98,780
-1,211
| -1% | -$46.1K |
|
1685
Fortive
FTV
$17.7B
| $3.2M | ﹤0.01% |
78,156
+24,647
| +46% | +$1.09M |
|
1686
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.45B
| $3.2M | ﹤0.01% |
137,460
+22,632
| +20% | +$573K |
|
1687
Carlyle Group
CG
$16.3B
| $3.19M | ﹤0.01% |
100,860
-84,464
| -46% | -$3.24M |
|
1688
iShares Emerging Markets Dividend ETF
DVYE
$1.22B
| $3.19M | ﹤0.01% |
119,931
+6,229
| +5% | +$187K |
|
1689
VanEck Long Muni ETF
MLN
$679M
| $3.19M | ﹤0.01% |
180,641
-62,508
| -26% | -$1.13M |
|
1690
Cameco
CCJ
$38.4B
| $3.17M | ﹤0.01% |
150,921
+13,935
| +10% | +$352K |
|
1691
Federal Realty Investment Trust
FRT
$10.7B
| $3.17M | ﹤0.01% |
+33,090
| New | +$3.71M |
|
|
IPG
1692
DELISTED
Interpublic Group of Companies
IPG
| $3.15M | ﹤0.01% |
114,518
+8,622
| +8% | +$274K |
|
|
MASI
1693
DELISTED
Masimo
MASI
| $3.15M | ﹤0.01% |
24,132
-1,729
| -7% | -$231K |
|
1694
Cornerstone Strategic Value Fund
CLM
$2.18B
| $3.13M | ﹤0.01% |
371,226
+82,475
| +29% | +$883K |
|
|
BKI
1695
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.13M | ﹤0.01% |
47,939
-1,574
| -3% | -$106K |
|
1696
Westlake Corp
WLK
$9.19B
| $3.13M | ﹤0.01% |
31,887
+10,714
| +51% | +$1.31M |
|
|
PFN
1697
PIMCO Income Strategy Fund II
PFN
$696M
| $3.13M | ﹤0.01% |
394,593
-4,176
| -1% | -$33.8K |
|
1698
Janus Henderson Small Cap Growth Alpha ETF
JSML
$365M
| $3.12M | ﹤0.01% |
66,957
+3,786
| +6% | +$192K |
|
|
CYBR
1699
DELISTED
CyberArk
CYBR
| $3.12M | ﹤0.01% |
23,883
+1,234
| +5% | +$178K |
|
1700
iShares Global Materials ETF
MXI
$346M
| $3.12M | ﹤0.01% |
42,148
-5,446
| -11% | -$471K |
|
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.