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 | |
|---|---|---|---|---|---|---|
1826
MDU Resources
MDU
$4.17B
| $2.45M | ﹤0.01% |
235,798
-5,815
| -2% | -$64.2K |
|
|
EMD
1827
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $2.45M | ﹤0.01% |
306,855
+8,648
| +3% | +$77.7K |
|
1828
Cooper Companies
COO
$14.1B
| $2.45M | ﹤0.01% |
37,104
+1,140
| +3% | +$87.3K |
|
|
ETO
1829
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
ETO
$507M
| $2.45M | ﹤0.01% |
120,924
+6,813
| +6% | +$166K |
|
|
FAM
1830
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $2.44M | ﹤0.01% |
446,905
+18,152
| +4% | +$111K |
|
1831
Jabil
JBL
$33B
| $2.44M | ﹤0.01% |
42,235
-1,624
| -4% | -$94.5K |
|
|
PDT
1832
John Hancock Premium Dividend Fund
PDT
$634M
| $2.43M | ﹤0.01% |
179,237
+6,530
| +4% | +$96.1K |
|
1833
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$155M
| $2.42M | ﹤0.01% |
70,162
-110,115
| -61% | -$4.12M |
|
1834
CBRE Group
CBRE
$42.5B
| $2.42M | ﹤0.01% |
35,831
-36
| -0.1% | -$2.85K |
|
1835
Alexandria Real Estate Equities
ARE
$8.97B
| $2.42M | ﹤0.01% |
17,244
-867
| -5% | -$133K |
|
|
CHW
1836
Calamos Global Dynamic Income Fund
CHW
$530M
| $2.41M | ﹤0.01% |
397,753
+71,131
| +22% | +$506K |
|
1837
Targa Resources
TRGP
$58B
| $2.41M | ﹤0.01% |
40,011
-2,333
| -6% | -$153K |
|
|
EXE
1838
Expand Energy Corp
EXE
$21.8B
| $2.41M | ﹤0.01% |
25,602
+1,730
| +7% | +$163K |
|
1839
Shift4
FOUR
$4.2B
| $2.4M | ﹤0.01% |
53,861
+49
| +0.1% | +$2.06K |
|
|
IBHE
1840
DELISTED
iShares iBonds 2025 Term High Yield and Income ETF
IBHE
| $2.4M | ﹤0.01% |
108,317
+1,455
| +1% | +$33.2K |
|
1841
Vistra
VST
$50B
| $2.4M | ﹤0.01% |
114,068
+15,827
| +16% | +$383K |
|
1842
WaFd
WAFD
$2.72B
| $2.39M | ﹤0.01% |
79,612
+5,740
| +8% | +$186K |
|
1843
HEICO Corp Class A
HEI.A
$36B
| $2.38M | ﹤0.01% |
20,782
+475
| +2% | +$57.2K |
|
1844
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$800M
| $2.38M | ﹤0.01% |
72,236
-25,160
| -26% | -$881K |
|
1845
Ternium
TX
$9.67B
| $2.38M | ﹤0.01% |
86,788
+16,027
| +23% | +$515K |
|
1846
Invesco DB Oil Fund
DBO
$403M
| $2.37M | ﹤0.01% |
156,147
-32,307
| -17% | -$544K |
|
1847
Azenta
AZTA
$1.3B
| $2.37M | ﹤0.01% |
55,269
+4,482
| +9% | +$268K |
|
1848
Invesco Fundamental Investment Grade Corporate Bond ETF
PFIG
$115M
| $2.37M | ﹤0.01% |
105,111
+3,529
| +3% | +$83K |
|
1849
SPS Commerce
SPSC
$2.64B
| $2.36M | ﹤0.01% |
19,018
-359
| -2% | -$43.5K |
|
1850
LKQ Corp
LKQ
$5.68B
| $2.36M | ﹤0.01% |
50,064
+2,590
| +5% | +$135K |
|
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.