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 | |
|---|---|---|---|---|---|---|
|
GRES
1726
DELISTED
IQ ARB Global Resources
GRES
| $3.22M | ﹤0.01% |
94,230
-8,865
| -9% | -$290K |
|
1727
iShares Russell Top 200 Value ETF
IWX
$3.98B
| $3.22M | ﹤0.01% |
49,510
+3,085
| +7% | +$197K |
|
1728
Murphy USA
MUSA
$11.2B
| $3.21M | ﹤0.01% |
11,489
+302
| +3% | +$87.6K |
|
1729
ICICI Bank
IBN
$108B
| $3.2M | ﹤0.01% |
146,348
+12,180
| +9% | +$271K |
|
1730
Lincoln National
LNC
$8.73B
| $3.2M | ﹤0.01% |
104,274
+6,718
| +7% | +$267K |
|
1731
Cambria Value and Momentum ETF
VAMO
$109M
| $3.2M | ﹤0.01% |
117,674
+49,319
| +72% | +$1.36M |
|
1732
Harbor Long-Term Growers ETF
WINN
$1.13B
| $3.2M | ﹤0.01% |
235,498
+171,368
| +267% | +$2.43M |
|
1733
iShares Global Materials ETF
MXI
$338M
| $3.19M | ﹤0.01% |
40,571
-802
| -2% | -$61.3K |
|
1734
Amplify AI Powered Equity ETF
AIEQ
$120M
| $3.19M | ﹤0.01% |
111,916
+9,058
| +9% | +$273K |
|
1735
Innovator US Equity Buffer ETF April
BAPR
$407M
| $3.19M | ﹤0.01% |
102,670
-5,660
| -5% | -$174K |
|
1736
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.57B
| $3.17M | ﹤0.01% |
63,998
-36,078
| -36% | -$1.79M |
|
1737
CRISPR Therapeutics
CRSP
$4.73B
| $3.17M | ﹤0.01% |
77,885
-274
| -0.4% | -$14.5K |
|
|
BCV
1738
Bancroft Fund
BCV
$133M
| $3.16M | ﹤0.01% |
192,887
+2,549
| +1% | +$43.9K |
|
1739
Unity
U
$13.8B
| $3.15M | ﹤0.01% |
110,809
-1,486
| -1% | -$46.6K |
|
1740
WBI BullBear Value 3000 ETF
WBIF
$23.5M
| $3.15M | ﹤0.01% |
112,985
+4,233
| +4% | +$123K |
|
1741
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$237M
| $3.15M | ﹤0.01% |
176,868
-236,989
| -57% | -$4.06M |
|
|
CYBR
1742
DELISTED
CyberArk
CYBR
| $3.15M | ﹤0.01% |
24,980
+1,184
| +5% | +$171K |
|
1743
Invesco Global Water ETF
PIO
$274M
| $3.14M | ﹤0.01% |
96,291
-2,069
| -2% | -$65.9K |
|
1744
Plug Power
PLUG
$2.87B
| $3.14M | ﹤0.01% |
253,970
-7,076
| -3% | -$113K |
|
1745
Invesco S&P SmallCap Information Technology ETF
PSCT
$498M
| $3.14M | ﹤0.01% |
78,636
+28,008
| +55% | +$1.13M |
|
1746
Cooper Companies
COO
$14.1B
| $3.14M | ﹤0.01% |
37,924
+820
| +2% | +$60.5K |
|
|
DEA
1747
Easterly Government Properties
DEA
$1.13B
| $3.13M | ﹤0.01% |
87,648
+9,202
| +12% | +$358K |
|
1748
Amplify Junior Silver Miners ETF
SILJ
$3.18B
| $3.13M | ﹤0.01% |
296,290
+13,670
| +5% | +$138K |
|
1749
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$317M
| $3.12M | ﹤0.01% |
79,470
-3,861
| -5% | -$150K |
|
|
CHW
1750
Calamos Global Dynamic Income Fund
CHW
$530M
| $3.12M | ﹤0.01% |
558,655
+160,902
| +40% | +$940K |
|
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.