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 | |
|---|---|---|---|---|---|---|
1801
Hyatt Hotels
H
$16.4B
| $2.57M | ﹤0.01% |
31,746
+150
| +0.5% | +$12.8K |
|
1802
Trimble
TRMB
$13.2B
| $2.57M | ﹤0.01% |
47,349
+4,522
| +11% | +$286K |
|
1803
Landstar System
LSTR
$5.93B
| $2.56M | ﹤0.01% |
17,755
+254
| +1% | +$37.8K |
|
|
ABMD
1804
DELISTED
Abiomed Inc
ABMD
| $2.56M | ﹤0.01% |
10,424
-281
| -3% | -$75.9K |
|
|
HES
1805
DELISTED
Hess
HES
| $2.54M | ﹤0.01% |
23,337
-3,159
| -12% | -$350K |
|
1806
Exponent
EXPO
$3.24B
| $2.54M | ﹤0.01% |
28,937
+1,436
| +5% | +$136K |
|
1807
BlackRock Health Sciences Trust
BME
$562M
| $2.54M | ﹤0.01% |
65,293
+8,500
| +15% | +$362K |
|
1808
Watsco Inc
WSO
$12.7B
| $2.53M | ﹤0.01% |
9,841
+960
| +11% | +$260K |
|
1809
Rithm Capital
RITM
$5.52B
| $2.52M | ﹤0.01% |
344,696
+63,807
| +23% | +$607K |
|
|
ASG
1810
Liberty All-Star Growth Fund
ASG
$328M
| $2.51M | ﹤0.01% |
507,883
-3,700
| -0.7% | -$21.9K |
|
1811
Invesco Biotechnology & Genome ETF
PBE
$281M
| $2.51M | ﹤0.01% |
42,617
+13,399
| +46% | +$826K |
|
|
ARMR
1812
DELISTED
Armor US Equity Index ETF
ARMR
| $2.51M | ﹤0.01% |
127,231
-10,101
| -7% | -$222K |
|
1813
PTC
PTC
$15.8B
| $2.49M | ﹤0.01% |
23,825
+1,962
| +9% | +$224K |
|
1814
Carlyle Group
CG
$16.6B
| $2.48M | ﹤0.01% |
96,081
-4,779
| -5% | -$157K |
|
|
Y
1815
DELISTED
Alleghany Corp
Y
| $2.48M | ﹤0.01% |
2,953
+8
| +0.3% | +$6.71K |
|
1816
VanEck Mortgage REIT Income ETF
MORT
$360M
| $2.48M | ﹤0.01% |
224,273
+2,072
| +0.9% | +$29.8K |
|
1817
BlackRock Enhanced Global Dividend Trust
BOE
$673M
| $2.48M | ﹤0.01% |
281,115
+776
| +0.3% | +$7.66K |
|
1818
Mine Safety
MSA
$7.35B
| $2.48M | ﹤0.01% |
22,654
+57
| +0.3% | +$7.01K |
|
1819
State Street SPDR S&P Retail ETF
XRT
$449M
| $2.48M | ﹤0.01% |
43,865
-1,034
| -2% | -$66.1K |
|
1820
SiriusXM
SIRI
$9.98B
| $2.47M | ﹤0.01% |
43,307
+124
| +0.3% | +$7.79K |
|
|
CMA
1821
DELISTED
Comerica
CMA
| $2.47M | ﹤0.01% |
34,719
-15,704
| -31% | -$1.24M |
|
1822
iShares GNMA Bond ETF
GNMA
$421M
| $2.46M | ﹤0.01% |
57,284
-1,139
| -2% | -$51.8K |
|
1823
Hubbell
HUBB
$25B
| $2.46M | ﹤0.01% |
11,051
+108
| +1% | +$22.7K |
|
1824
Direxion Auspice Broad Commodity Strategy ETF
COM
$205M
| $2.46M | ﹤0.01% |
82,596
-76,581
| -48% | -$2.31M |
|
1825
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$724M
| $2.46M | ﹤0.01% |
101,251
+194
| +0.2% | +$5.39K |
|
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.