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 | |
|---|---|---|---|---|---|---|
|
ASG
1726
Liberty All-Star Growth Fund
ASG
$325M
| $2.98M | ﹤0.01% |
511,583
+22,950
| +5% | +$143K |
|
|
GRES
1727
DELISTED
IQ ARB Global Resources
GRES
| $2.98M | ﹤0.01% |
96,704
+77,720
| +409% | +$2.65M |
|
1728
Timothy Plan High Dividend Stock ETF
TPHD
$360M
| $2.98M | ﹤0.01% |
100,619
+29,848
| +42% | +$951K |
|
1729
Wheaton Precious Metals
WPM
$51.5B
| $2.98M | ﹤0.01% |
82,680
+462
| +0.6% | +$20.1K |
|
1730
Marathon Digital Holdings
MARA
$4.51B
| $2.96M | ﹤0.01% |
554,225
+294,872
| +114% | +$3.94M |
|
1731
Amplify AI Powered Equity ETF
AIEQ
$120M
| $2.96M | ﹤0.01% |
97,933
-15,152
| -13% | -$511K |
|
1732
Collegium Pharmaceutical
COLL
$1.17B
| $2.96M | ﹤0.01% |
166,977
-108
| -0.1% | -$1.82K |
|
1733
Upstart Holdings
UPST
$2.59B
| $2.96M | ﹤0.01% |
93,536
-7,894
| -8% | -$470K |
|
1734
NetApp
NTAP
$34.1B
| $2.95M | ﹤0.01% |
45,233
-10,582
| -19% | -$761K |
|
1735
Pilgrim's Pride
PPC
$6.99B
| $2.95M | ﹤0.01% |
94,469
+64,491
| +215% | +$1.9M |
|
|
CCD
1736
Calamos Dynamic Convertible & Income Fund
CCD
$698M
| $2.95M | ﹤0.01% |
137,537
+24,365
| +22% | +$575K |
|
1737
Cheniere Energy
CQP
$31.5B
| $2.94M | ﹤0.01% |
65,523
+13,429
| +26% | +$707K |
|
1738
Toro Company
TTC
$8.72B
| $2.94M | ﹤0.01% |
38,766
-321
| -0.8% | -$26K |
|
1739
Zscaler
ZS
$24B
| $2.93M | ﹤0.01% |
19,614
-2,049
| -9% | -$362K |
|
1740
Gaming and Leisure Properties
GLPI
$12.7B
| $2.91M | ﹤0.01% |
63,532
+4,828
| +8% | +$221K |
|
1741
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $2.91M | ﹤0.01% |
146,882
-5,567
| -4% | -$116K |
|
1742
WBI Power Factor High Dividend ETF
WBIY
$62.8M
| $2.91M | ﹤0.01% |
112,298
-24,174
| -18% | -$690K |
|
1743
Bio-Techne
TECH
$11.2B
| $2.91M | ﹤0.01% |
32,760
-6,256
| -16% | -$586K |
|
1744
BlackRock Income Trust
BKT
$331M
| $2.89M | ﹤0.01% |
212,360
-156,712
| -42% | -$2.2M |
|
1745
WBI BullBear Yield 3000 ETF
WBIG
$30.2M
| $2.89M | ﹤0.01% |
111,447
-24,771
| -18% | -$668K |
|
1746
WisdomTree US AI Enhanced Value Fund
AIVL
$426M
| $2.89M | ﹤0.01% |
32,520
+187
| +0.6% | +$17.7K |
|
1747
Ferrari
RACE
$69.9B
| $2.88M | ﹤0.01% |
15,716
+1,699
| +12% | +$338K |
|
1748
iShares International Treasury Bond ETF
IGOV
$1.53B
| $2.88M | ﹤0.01% |
70,423
+8,571
| +14% | +$366K |
|
1749
Global X Adaptive US Risk Management ETF
ONOF
$137M
| $2.87M | ﹤0.01% |
123,245
-877
| -0.7% | -$22.2K |
|
1750
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $2.86M | ﹤0.01% |
110,434
-5,449
| -5% | -$150K |
|
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.