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 | |
|---|---|---|---|---|---|---|
|
DMA
1851
Destra Multi-Alternative Fund
DMA
$67.9M
| $2.52M | ﹤0.01% |
+367,868
| New | +$2.97M |
|
1852
Fluor
FLR
$6.96B
| $2.52M | ﹤0.01% |
103,527
+17,192
| +20% | +$462K |
|
1853
Goodyear
GT
$1.97B
| $2.52M | ﹤0.01% |
235,242
+8,151
| +4% | +$102K |
|
1854
Rambus
RMBS
$9.93B
| $2.52M | ﹤0.01% |
117,211
-2,513
| -2% | -$62.2K |
|
1855
Exponent
EXPO
$3.23B
| $2.52M | ﹤0.01% |
27,501
-420
| -2% | -$39.6K |
|
1856
Snap
SNAP
$7.76B
| $2.5M | ﹤0.01% |
190,675
+19,439
| +11% | +$443K |
|
1857
Chemours
CC
$2.51B
| $2.5M | ﹤0.01% |
78,112
+1,972
| +3% | +$72.5K |
|
1858
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $2.5M | ﹤0.01% |
98,805
-127,395
| -56% | -$3.58M |
|
1859
Franklin Senior Loan ETF
FLBL
$852M
| $2.5M | ﹤0.01% |
107,999
+73,129
| +210% | +$1.76M |
|
|
HPI
1860
John Hancock Preferred Income Fund
HPI
$431M
| $2.5M | ﹤0.01% |
142,717
-2,902
| -2% | -$52.1K |
|
1861
Canadian Natural Resources
CNQ
$99.5B
| $2.5M | ﹤0.01% |
95,027
-43,952
| -32% | -$1.34M |
|
1862
TransDigm Group
TDG
$70B
| $2.5M | ﹤0.01% |
4,654
-47
| -1% | -$27.7K |
|
1863
WisdomTree Emerging Markets Corporate Bond Fund
EMCB
$98.6M
| $2.5M | ﹤0.01% |
41,121
+626
| +2% | +$39.5K |
|
1864
ChargePoint
CHPT
$141M
| $2.49M | ﹤0.01% |
9,111
+355
| +4% | +$98.4K |
|
1865
Trimble
TRMB
$13.1B
| $2.49M | ﹤0.01% |
42,827
-1,097
| -2% | -$72K |
|
|
ABB
1866
DELISTED
ABB Ltd
ABB
| $2.49M | ﹤0.01% |
93,201
+10,770
| +13% | +$320K |
|
1867
Invesco International Corporate Bond ETF
PICB
$355M
| $2.49M | ﹤0.01% |
113,042
-8,915
| -7% | -$208K |
|
1868
STMicroelectronics
STM
$46.9B
| $2.49M | ﹤0.01% |
79,090
+2,007
| +3% | +$74.8K |
|
1869
MDU Resources
MDU
$4.16B
| $2.48M | ﹤0.01% |
241,613
-146,768
| -38% | -$1.49M |
|
1870
HealthEquity
HQY
$8.4B
| $2.48M | ﹤0.01% |
40,434
+1,934
| +5% | +$124K |
|
1871
Crown Holdings
CCK
$12.7B
| $2.47M | ﹤0.01% |
26,842
+1,566
| +6% | +$167K |
|
1872
JPMorgan Inflation Managed Bond ETF
JCPI
$869M
| $2.47M | ﹤0.01% |
+51,203
| New | +$2.52M |
|
1873
WisdomTree True Developed International Fund
DOL
$828M
| $2.47M | ﹤0.01% |
59,069
+13,081
| +28% | +$600K |
|
1874
BioMarin Pharmaceuticals
BMRN
$11.5B
| $2.46M | ﹤0.01% |
29,709
-2,280
| -7% | -$182K |
|
1875
Tapestry
TPR
$30.7B
| $2.46M | ﹤0.01% |
80,670
+7,093
| +10% | +$232K |
|
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.