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 MBS ETF
MBB
|
+$272M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$216M |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$205M |
| 4 |
Pacer US Cash Cows 100 ETF
COWZ
|
+$193M |
| 5 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$165M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$363M |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$162M |
| 3 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$100M |
| 4 |
HDV
iShares Core High Dividend ETF
HDV
|
+$89.5M |
| 5 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$77.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.07% |
| 2 | Healthcare | 3.26% |
| 3 | Financials | 3.13% |
| 4 | Industrials | 2.22% |
| 5 | Consumer Discretionary | 2.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
Hartford Total Return Bond ETF
HTRB
$2.2B
| $3.48M | ﹤0.01% |
105,461
+80,365
| +320% | +$2.63M |
|
1677
Ferrari
RACE
$69.2B
| $3.47M | ﹤0.01% |
16,181
-75
| -0.5% | -$15.5K |
|
1678
Matador Resources
MTDR
$6.2B
| $3.45M | ﹤0.01% |
60,349
+4,183
| +7% | +$264K |
|
1679
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.71B
| $3.44M | ﹤0.01% |
2,903
-231
| -7% | -$274K |
|
1680
Dick's Sporting Goods
DKS
$17.5B
| $3.44M | ﹤0.01% |
28,591
+3,907
| +16% | +$440K |
|
1681
Invesco BulletShares 2027 Municipal Bond ETF
BSMR
$344M
| $3.44M | ﹤0.01% |
146,216
+46,244
| +46% | +$1.07M |
|
1682
Gen Digital
GEN
$16.4B
| $3.43M | ﹤0.01% |
160,096
+16,599
| +12% | +$367K |
|
|
IBHE
1683
DELISTED
iShares iBonds 2025 Term High Yield and Income ETF
IBHE
| $3.42M | ﹤0.01% |
151,948
+43,631
| +40% | +$983K |
|
1684
Azenta
AZTA
$1.3B
| $3.42M | ﹤0.01% |
58,254
+2,985
| +5% | +$153K |
|
1685
Royce Quant Small-Cap Quality Value ETF
SQLV
$29.2M
| $3.41M | ﹤0.01% |
+99,266
| New | +$3.45M |
|
1686
BlackRock Science and Technology Term Trust
BSTZ
$1.95B
| $3.41M | ﹤0.01% |
217,867
+9,278
| +4% | +$158K |
|
1687
Keurig Dr Pepper
KDP
$42.3B
| $3.4M | ﹤0.01% |
95,416
-38,653
| -29% | -$1.45M |
|
1688
Cornerstone Strategic Value Fund
CLM
$2.22B
| $3.4M | ﹤0.01% |
468,993
+83,236
| +22% | +$672K |
|
|
P
1689
Everpure Inc
P
$25.7B
| $3.39M | ﹤0.01% |
126,824
+10,915
| +9% | +$317K |
|
1690
STMicroelectronics
STM
$46.7B
| $3.39M | ﹤0.01% |
95,384
+3,986
| +4% | +$141K |
|
1691
First Trust Indxx Innovative Transaction & Process ETF
LEGR
$131M
| $3.39M | ﹤0.01% |
99,005
-32,326
| -25% | -$1.08M |
|
1692
WisdomTree US Multifactor Fund
USMF
$298M
| $3.37M | ﹤0.01% |
89,589
+58,883
| +192% | +$2.21M |
|
1693
Match Group
MTCH
$9.19B
| $3.36M | ﹤0.01% |
80,906
-23,333
| -22% | -$1.05M |
|
|
DEX
1694
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $3.36M | ﹤0.01% |
430,327
+29,914
| +7% | +$225K |
|
|
IBTF
1695
DELISTED
iShares iBonds Dec 2025 Term Treasury ETF
IBTF
| $3.36M | ﹤0.01% |
144,167
+105,576
| +274% | +$2.46M |
|
1696
Organon & Co
OGN
$3.56B
| $3.35M | ﹤0.01% |
120,090
-2,801
| -2% | -$71.6K |
|
1697
Cheniere Energy
CQP
$31.9B
| $3.35M | ﹤0.01% |
58,903
+983
| +2% | +$56.3K |
|
1698
Tyler Technologies
TYL
$12.7B
| $3.35M | ﹤0.01% |
10,387
-688
| -6% | -$225K |
|
1699
Western Digital
WDC
$188B
| $3.34M | ﹤0.01% |
140,085
-30,631
| -18% | -$808K |
|
1700
Sarepta Therapeutics
SRPT
$1.57B
| $3.33M | ﹤0.01% |
25,696
-1,642
| -6% | -$190K |
|
Similar funds
LPL Financial's Q4 2022 Portfolio in Review
As of Q4 2022, LPL Financial held 4,669 positions worth $117B, up 13% from $104B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
LPL Financial deployed $6.24B of net new capital in Q4 2022, opening 252 new positions and adding to 2,329 existing holdings. Its largest new stake was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
By sector, the portfolio is most concentrated in Technology at 5.1% of assets, down from 5.5% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares US Treasury Bond ETF, an estimated $363M trimmed.
- LPL Financial's largest Q4 2022 buy was First Trust Limited Duration Investment Grade Corporate ETF: 1,813,651 shares worth $33.9M.
- LPL Financial added most to iShares MBS ETF in Q4 2022, an estimated $272M increase.
- LPL Financial's biggest Q4 2022 reduction was iShares US Treasury Bond ETF, cutting an estimated $363M.
- LPL Financial fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q4 2022, selling an estimated $26.9M.
- LPL Financial's ten largest holdings make up 17% of its $117B portfolio in Q4 2022.
- LPL Financial opened 252 new positions and closed 216 in Q4 2022.
- LPL Financial's portfolio value rose 13% quarter-over-quarter to $117B.
Based on LPL Financial's 13F filing for Q4 2022, filed 7 Feb 2023.