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 | |
|---|---|---|---|---|---|---|
1701
Wabtec
WAB
$49.6B
| $3.04M | ﹤0.01% |
37,342
-1,905
| -5% | -$168K |
|
|
PLL
1702
DELISTED
Piedmont Lithium
PLL
| $3.04M | ﹤0.01% |
56,737
-5,811
| -9% | -$299K |
|
1703
Williams-Sonoma
WSM
$27.5B
| $3.03M | ﹤0.01% |
51,456
-20,478
| -28% | -$1.45M |
|
1704
PUT
Apple
AAPL
$4.47T
| $3.03M | ﹤0.01% |
21,900
+6,700
| +44% | +$1.05M |
|
1705
Lucid Motors
LCID
$2.96B
| $3.02M | ﹤0.01% |
21,638
-4,445
| -17% | -$770K |
|
1706
Sarepta Therapeutics
SRPT
$1.61B
| $3.02M | ﹤0.01% |
27,338
-1,403
| -5% | -$141K |
|
1707
Haleon
HLN
$43.2B
| $3.02M | ﹤0.01% |
+495,665
| New | +$3.21M |
|
|
CCD
1708
Calamos Dynamic Convertible & Income Fund
CCD
$720M
| $3.01M | ﹤0.01% |
150,426
+12,889
| +9% | +$297K |
|
1709
Ferrari
RACE
$70.1B
| $3.01M | ﹤0.01% |
16,256
+540
| +3% | +$108K |
|
1710
National Fuel Gas
NFG
$7.92B
| $3M | ﹤0.01% |
48,816
+18,402
| +61% | +$1.27M |
|
|
PCN
1711
PIMCO Corporate & Income Strategy Fund
PCN
$874M
| $3M | ﹤0.01% |
253,653
+29,236
| +13% | +$391K |
|
1712
Teucrium Corn Fund
CORN
$170M
| $3M | ﹤0.01% |
110,961
+72,049
| +185% | +$1.84M |
|
1713
Timothy Plan High Dividend Stock ETF
TPHD
$361M
| $3M | ﹤0.01% |
107,008
+6,389
| +6% | +$198K |
|
1714
Rambus
RMBS
$9.94B
| $3M | ﹤0.01% |
117,993
+782
| +0.7% | +$19.6K |
|
|
WRK
1715
DELISTED
WestRock Company
WRK
| $3M | ﹤0.01% |
97,014
-6,011
| -6% | -$237K |
|
1716
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
COMB
$147M
| $2.99M | ﹤0.01% |
103,601
+10,016
| +11% | +$305K |
|
1717
Jackson Financial
JXN
$8.66B
| $2.98M | ﹤0.01% |
107,398
+26,793
| +33% | +$792K |
|
1718
Amplify AI Powered Equity ETF
AIEQ
$121M
| $2.98M | ﹤0.01% |
102,858
+4,925
| +5% | +$163K |
|
|
GRES
1719
DELISTED
IQ ARB Global Resources
GRES
| $2.96M | ﹤0.01% |
103,095
+6,391
| +7% | +$199K |
|
1720
ProShares Equities for Rising Rates ETF
EQRR
$33.3M
| $2.96M | ﹤0.01% |
68,119
+13,608
| +25% | +$650K |
|
|
PFN
1721
PIMCO Income Strategy Fund II
PFN
$700M
| $2.94M | ﹤0.01% |
426,226
+31,633
| +8% | +$246K |
|
|
LTHM
1722
DELISTED
Livent Corporation
LTHM
| $2.94M | ﹤0.01% |
95,978
+6,596
| +7% | +$185K |
|
1723
ClearBridge Dividend Strategy ESG ETF
YLDE
$168M
| $2.94M | ﹤0.01% |
84,973
+3,971
| +5% | +$153K |
|
1724
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $2.94M | ﹤0.01% |
49,436
+13,753
| +39% | +$866K |
|
1725
WBI BullBear Quality 3000 ETF
WBIL
$28.9M
| $2.94M | ﹤0.01% |
106,763
+13,802
| +15% | +$398K |
|
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.