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 | |
|---|---|---|---|---|---|---|
1851
TransDigm Group
TDG
$70.2B
| $2.36M | ﹤0.01% |
4,496
-158
| -3% | -$94.3K |
|
1852
PBF Energy
PBF
$8.57B
| $2.36M | ﹤0.01% |
67,024
+35,731
| +114% | +$1.13M |
|
1853
PGIM Active High Yield Bond ETF
PHYL
$1.32B
| $2.36M | ﹤0.01% |
71,751
+12,789
| +22% | +$445K |
|
1854
Vanguard ESG International Stock ETF
VSGX
$6.52B
| $2.35M | ﹤0.01% |
54,120
-319
| -0.6% | -$15.5K |
|
1855
Barings BDC
BBDC
$864M
| $2.35M | ﹤0.01% |
284,102
+8,326
| +3% | +$80.4K |
|
1856
Amplify Travel Tech ETF
AWAY
$26.1M
| $2.35M | ﹤0.01% |
148,756
-35,059
| -19% | -$622K |
|
1857
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$332M
| $2.35M | ﹤0.01% |
156,386
-14,414
| -8% | -$231K |
|
1858
Crane NXT
CXT
$2.99B
| $2.34M | ﹤0.01% |
77,019
+921
| +1% | +$30.4K |
|
|
WCN
1859
Waste Connections
WCN
$42.2B
| $2.34M | ﹤0.01% |
17,311
+1,324
| +8% | +$181K |
|
|
SJI
1860
DELISTED
South Jersey Industries, Inc.
SJI
| $2.34M | ﹤0.01% |
69,959
-1,748
| -2% | -$59.6K |
|
|
AFT
1861
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $2.33M | ﹤0.01% |
186,669
-18,897
| -9% | -$248K |
|
1862
Ovintiv
OVV
$17.3B
| $2.33M | ﹤0.01% |
50,733
+2,287
| +5% | +$109K |
|
1863
Helen of Troy
HELE
$644M
| $2.33M | ﹤0.01% |
24,180
-29
| -0.1% | -$3.73K |
|
1864
State Street SPDR Global Dow ETF
DGT
$615M
| $2.33M | ﹤0.01% |
27,002
+6,323
| +31% | +$612K |
|
1865
Digital Turbine
APPS
$975M
| $2.33M | ﹤0.01% |
161,599
+14,625
| +10% | +$280K |
|
1866
Power Integrations
POWI
$3.38B
| $2.33M | ﹤0.01% |
36,175
+4,095
| +13% | +$306K |
|
1867
Coca-Cola Femsa
KOF
$22.7B
| $2.32M | ﹤0.01% |
39,729
+3,827
| +11% | +$228K |
|
|
PHK
1868
PIMCO High Income Fund
PHK
$867M
| $2.32M | ﹤0.01% |
497,974
+51,554
| +12% | +$263K |
|
1869
Goodyear
GT
$2B
| $2.31M | ﹤0.01% |
229,410
-5,832
| -2% | -$74.2K |
|
|
ETW
1870
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.03B
| $2.31M | ﹤0.01% |
304,470
-500
| -0.2% | -$4.38K |
|
1871
VanEck Low Carbon Energy ETF
SMOG
$129M
| $2.31M | ﹤0.01% |
20,330
-1,801
| -8% | -$235K |
|
1872
RH Tactical Outlook ETF
RHTX
$7.89M
| $2.3M | ﹤0.01% |
187,111
+4,302
| +2% | +$56.7K |
|
1873
Pool Corp
POOL
$6.75B
| $2.3M | ﹤0.01% |
7,226
-2,652
| -27% | -$946K |
|
1874
Plains All American Pipeline
PAA
$17.3B
| $2.3M | ﹤0.01% |
218,303
-16,853
| -7% | -$188K |
|
1875
BlackRock Multi-Sector Income Trust
BIT
$698M
| $2.29M | ﹤0.01% |
161,138
+21,323
| +15% | +$330K |
|
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.