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 | |
|---|---|---|---|---|---|---|
1726
iShares Emerging Markets Dividend ETF
DVYE
$1.22B
| $2.93M | ﹤0.01% |
129,360
+9,429
| +8% | +$240K |
|
1727
Global X Internet of Things ETF
SNSR
$222M
| $2.93M | ﹤0.01% |
117,713
+662
| +0.6% | +$18.3K |
|
1728
Lakeland Financial Corp
LKFN
$1.56B
| $2.92M | ﹤0.01% |
40,055
+3,642
| +10% | +$271K |
|
1729
Molson Coors Class B
TAP
$7.79B
| $2.91M | ﹤0.01% |
60,731
-2,460
| -4% | -$133K |
|
1730
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$317M
| $2.91M | ﹤0.01% |
83,331
-3,792
| -4% | -$148K |
|
1731
Gen Digital
GEN
$16.4B
| $2.89M | ﹤0.01% |
143,497
+50,559
| +54% | +$1.17M |
|
1732
NRG Energy
NRG
$28.3B
| $2.89M | ﹤0.01% |
75,473
-17,167
| -19% | -$685K |
|
1733
Markel Group
MKL
$23.3B
| $2.88M | ﹤0.01% |
2,660
+98
| +4% | +$120K |
|
1734
AAM Transformers ETF
TRFM
$243M
| $2.88M | ﹤0.01% |
+127,994
| New | +$3.26M |
|
1735
Organon & Co
OGN
$3.56B
| $2.88M | ﹤0.01% |
122,891
-4,469
| -4% | -$135K |
|
1736
RBC Bearings
RBC
$17.4B
| $2.87M | ﹤0.01% |
13,822
-395
| -3% | -$90.9K |
|
|
SBNY
1737
DELISTED
Signature Bank
SBNY
| $2.86M | ﹤0.01% |
18,964
-462
| -2% | -$84K |
|
1738
Charter Communications
CHTR
$17.3B
| $2.86M | ﹤0.01% |
9,419
-3,794
| -29% | -$1.62M |
|
1739
Corpay
CPAY
$25B
| $2.86M | ﹤0.01% |
16,214
+458
| +3% | +$98.1K |
|
|
RA
1740
Brookfield Real Assets Income Fund
RA
$708M
| $2.85M | ﹤0.01% |
165,736
+729
| +0.4% | +$13.9K |
|
1741
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $2.85M | ﹤0.01% |
124,822
+23,452
| +23% | +$556K |
|
1742
Reliance Steel & Aluminium
RS
$20.7B
| $2.84M | ﹤0.01% |
16,300
-168
| -1% | -$30.9K |
|
1743
Franklin Senior Loan ETF
FLBL
$853M
| $2.84M | ﹤0.01% |
123,207
+15,208
| +14% | +$359K |
|
1744
State Street SPDR S&P Global Dividend ETF
WDIV
$277M
| $2.83M | ﹤0.01% |
53,087
-278,928
| -84% | -$16.7M |
|
1745
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $2.83M | ﹤0.01% |
38,997
-22,829
| -37% | -$1.76M |
|
1746
STMicroelectronics
STM
$46.7B
| $2.83M | ﹤0.01% |
91,398
+12,308
| +16% | +$432K |
|
1747
Invesco Global Water ETF
PIO
$274M
| $2.83M | ﹤0.01% |
98,360
+10,379
| +12% | +$334K |
|
1748
Gartner
IT
$10.1B
| $2.82M | ﹤0.01% |
10,199
+2,377
| +30% | +$666K |
|
|
STZ.B
1749
DELISTED
CONSTELLATION BRANDS, INC. CLASS B
STZ.B
| $2.82M | ﹤0.01% |
9,725
| – | – |
|
1750
ProShares Trust Short MSCI EAFE
EFZ
$10.2M
| $2.82M | ﹤0.01% |
59,523
-40,709
| -41% | -$1.74M |
|
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.